Goliath Resources Limited
Goliath Resources Limited, a junior resource exploration company, engages in the acquisition and exploration of mineral properties in British Columbia, Canada. The company explores for gold, silver, copper, molybdenum, lead, and zinc deposits. It has an option to acquire 100% interests in the Golddigger property consists of contiguous mineral claims covering approximately an area of 91, 518 hecta… Read more
Goliath Resources Limited (GOTRF) - Net Assets
Latest net assets as of September 2025: $26.78 Million USD
Based on the latest financial reports, Goliath Resources Limited (GOTRF) has net assets worth $26.78 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.18 Million) and total liabilities ($5.40 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $26.78 Million |
| % of Total Assets | 83.21% |
| Annual Growth Rate | N/A |
| 5-Year Change | 994.02% |
| 10-Year Change | N/A |
| Growth Volatility | 625.88 |
Goliath Resources Limited - Net Assets Trend (2017–2024)
This chart illustrates how Goliath Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Goliath Resources Limited (2017–2024)
The table below shows the annual net assets of Goliath Resources Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $3.40 Million | -44.41% |
| 2023-06-30 | $6.12 Million | -56.95% |
| 2022-06-30 | $14.22 Million | +160.10% |
| 2021-06-30 | $5.47 Million | +1657.43% |
| 2020-06-30 | $311.10K | -77.26% |
| 2019-06-30 | $1.37 Million | -24.89% |
| 2018-06-30 | $1.82 Million | +2658.65% |
| 2017-06-30 | $-71.18K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goliath Resources Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6485477700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $70.18 Million | 2061.96% |
| Total Equity | $3.40 Million | 100.00% |
Goliath Resources Limited Competitors by Market Cap
The table below lists competitors of Goliath Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Akums Drugs and Pharmaceutical
NSE:AKUMS
|
$123.79 Million |
|
Westrock Coffee Company
NASDAQ:WEST
|
$123.83 Million |
|
PARADIGM REAL ESTATE INVESTMENT TRUST
KLSE:5338
|
$123.88 Million |
|
Monex S.A.B. de C.V
MX:MONEXB
|
$123.89 Million |
|
Meter Instruments Co. Ltd
SHE:301006
|
$123.77 Million |
|
TBI Motion Technology Co Ltd
TW:4540
|
$123.77 Million |
|
Codere Online US Corp
NASDAQ:CDRO
|
$123.76 Million |
|
Kaltura Inc
NASDAQ:KLTR
|
$123.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goliath Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,122,460 to 3,403,521, a change of -2,718,939 (-44.4%).
- Net loss of 25,085,035 reduced equity.
- New share issuances of 11,600,000 increased equity.
- Other factors increased equity by 10,766,096.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-25.09 Million | -737.03% |
| Share Issuances | $11.60 Million | +340.82% |
| Other Changes | $10.77 Million | +316.32% |
| Total Change | $- | -44.41% |
Book Value vs Market Value Analysis
This analysis compares Goliath Resources Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 34.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | $0.00 | $0.98 | x |
| 2018-06-30 | $0.32 | $0.98 | x |
| 2019-06-30 | $0.19 | $0.98 | x |
| 2020-06-30 | $0.02 | $0.98 | x |
| 2021-06-30 | $0.11 | $0.98 | x |
| 2022-06-30 | $0.20 | $0.98 | x |
| 2023-06-30 | $0.07 | $0.98 | x |
| 2024-06-30 | $0.03 | $0.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goliath Resources Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -737.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.37x
- Recent ROE (-737.03%) is below the historical average (-319.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-143.89K |
| 2018 | -249.57% | 0.00% | 0.00x | 1.31x | $-4.73 Million |
| 2019 | -224.29% | 0.00% | 0.00x | 1.05x | $-3.20 Million |
| 2020 | -799.35% | 0.00% | 0.00x | 1.97x | $-2.52 Million |
| 2021 | -106.23% | 0.00% | 0.00x | 1.08x | $-6.35 Million |
| 2022 | -95.07% | 0.00% | 0.00x | 1.05x | $-14.94 Million |
| 2023 | -342.43% | 0.00% | 0.00x | 1.63x | $-21.58 Million |
| 2024 | -737.03% | 0.00% | 0.00x | 1.37x | $-25.43 Million |
Industry Comparison
This section compares Goliath Resources Limited's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $449,063,678
- Average return on equity (ROE) among peers: -16.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goliath Resources Limited (GOTRF) | $26.78 Million | 0.00% | 0.20x | $123.79 Million |
| AbraSilver Resource Corp (ABBRF) | $33.61 Million | -16.94% | 0.02x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $386.13K | -25.01% | 0.03x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $16.39 Million | -9.76% | 0.04x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $17.81 Million | -15.51% | 0.97x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $-367.45K | 0.00% | 0.00x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $4.37 Billion | 1.24% | 0.78x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $313.22K | -61.72% | 4.64x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |