Lake Victoria Gold Ltd
Lake Victoria Gold Ltd., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Tanzania. The company primarily explores for gold deposits. Its projects include the Tembo gold property located in the Lake Victoria goldfield district in northwest Tanzania; and the Imwelo Gold project located in the Lake Victoria Goldfields within the… Read more
Lake Victoria Gold Ltd (LVGLF) - Net Assets
Latest net assets as of September 2025: $15.48 Million USD
Based on the latest financial reports, Lake Victoria Gold Ltd (LVGLF) has net assets worth $15.48 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 ($19.90 Million) and total liabilities ($4.42 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 | $15.48 Million |
| % of Total Assets | 77.77% |
| Annual Growth Rate | -4.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.06 |
Lake Victoria Gold Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Lake Victoria Gold Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lake Victoria Gold Ltd (2020–2024)
The table below shows the annual net assets of Lake Victoria Gold Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $5.06 Million | -19.13% |
| 2023-09-30 | $6.26 Million | +3.16% |
| 2022-09-30 | $6.07 Million | -13.61% |
| 2021-09-30 | $7.02 Million | +13.61% |
| 2020-09-30 | $6.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lake Victoria Gold Ltd'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 1138680900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $71.09 Million | 1404.90% |
| Total Equity | $5.06 Million | 100.00% |
Lake Victoria Gold Ltd Competitors by Market Cap
The table below lists competitors of Lake Victoria Gold Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sejoong Co. Ltd
KQ:039310
|
$14.40 Million |
|
Singulus Technologies AG
XETRA:SNG
|
$14.40 Million |
|
Mauch Chunk Trust Financial Corp
PINK:MCHT
|
$14.40 Million |
|
Sequana Medical NV
BR:SEQUA
|
$14.42 Million |
|
SAMRYOONG Co.Ltd
KQ:014970
|
$14.39 Million |
|
Aguia Resources Ltd
AU:AGR
|
$14.39 Million |
|
Nukkleus Inc
NASDAQ:NUKK
|
$14.39 Million |
|
Linq Minerals Limited
AU:LNQ
|
$14.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lake Victoria Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,257,330 to 5,060,326, a change of -1,197,004 (-19.1%).
- Net loss of 3,247,228 reduced equity.
- New share issuances of 103,810 increased equity.
- Other factors increased equity by 1,946,414.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.25 Million | -64.17% |
| Share Issuances | $103.81K | +2.05% |
| Other Changes | $1.95 Million | +38.46% |
| Total Change | $- | -19.13% |
Book Value vs Market Value Analysis
This analysis compares Lake Victoria Gold Ltd'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: 2.44x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.49x to 2.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $0.08 | $0.12 | x |
| 2021-09-30 | $0.07 | $0.12 | x |
| 2022-09-30 | $0.06 | $0.12 | x |
| 2023-09-30 | $0.06 | $0.12 | x |
| 2024-09-30 | $0.05 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lake Victoria Gold Ltd 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): -64.17%
- 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: 1.76x
- Recent ROE (-64.17%) is below the historical average (-38.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -0.03% | 0.00% | 0.00x | 1.09x | $-619.77K |
| 2021 | -27.11% | 0.00% | 0.00x | 1.08x | $-2.61 Million |
| 2022 | -54.34% | 0.00% | 0.00x | 1.18x | $-3.90 Million |
| 2023 | -46.99% | 0.00% | 0.00x | 1.19x | $-3.57 Million |
| 2024 | -64.17% | 0.00% | 0.00x | 1.76x | $-3.75 Million |
Industry Comparison
This section compares Lake Victoria Gold Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lake Victoria Gold Ltd (LVGLF) | $15.48 Million | -0.03% | 0.29x | $14.40 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |