Tristar Gold
TriStar Gold, Inc. engages in the acquisition, exploration, and development of precious metal prospects in the Americas. The company's flagship property includes the 100% owned Castelo de Sonhos gold project located in Pará State, Brazil. TriStar Gold, Inc. was incorporated in 2010 and is based in Scottsdale, Arizona.
Tristar Gold (TSGZF) - Net Assets
Latest net assets as of September 2025: $32.29 Million USD
Based on the latest financial reports, Tristar Gold (TSGZF) has net assets worth $32.29 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 ($34.89 Million) and total liabilities ($2.60 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 | $32.29 Million |
| % of Total Assets | 92.55% |
| Annual Growth Rate | 30.9% |
| 5-Year Change | 10.57% |
| 10-Year Change | 155.27% |
| Growth Volatility | 2766.32 |
Tristar Gold - Net Assets Trend (2008–2024)
This chart illustrates how Tristar Gold's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tristar Gold (2008–2024)
The table below shows the annual net assets of Tristar Gold from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $27.93 Million | -5.43% |
| 2023-12-31 | $29.53 Million | +4.45% |
| 2022-12-31 | $28.28 Million | +10.31% |
| 2021-12-31 | $25.63 Million | +1.48% |
| 2020-12-31 | $25.26 Million | +32.75% |
| 2019-12-31 | $19.03 Million | -1.25% |
| 2018-12-31 | $19.27 Million | +10.78% |
| 2017-12-31 | $17.39 Million | +19.81% |
| 2016-12-31 | $14.52 Million | +32.69% |
| 2015-12-31 | $10.94 Million | +16.78% |
| 2014-12-31 | $9.37 Million | +10.63% |
| 2013-12-31 | $8.47 Million | +77.73% |
| 2012-12-31 | $4.77 Million | +127.16% |
| 2011-12-31 | $2.10 Million | -84.18% |
| 2010-12-31 | $13.26 Million | +11438.82% |
| 2009-12-31 | $114.89K | -69.43% |
| 2008-12-31 | $375.82K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tristar Gold'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 3436141000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $62.29 Million | 223.03% |
| Total Equity | $27.93 Million | 100.00% |
Tristar Gold Competitors by Market Cap
The table below lists competitors of Tristar Gold ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Artiva Biotherapeutics, Inc. Common Stock
NASDAQ:ARTV
|
$34.17 Million |
|
Tobii AB (publ)
F:24T
|
$34.18 Million |
|
IX Acquisition Corp
NASDAQ:IXAQ
|
$34.18 Million |
|
Pc Iletisim ve Medya Hizmetleri Sanayi Ticaret AS
IS:PCILT
|
$34.19 Million |
|
Jaanh CosmeticsInc.
KQ:219550
|
$34.16 Million |
|
Ray Co. Ltd
KQ:228670
|
$34.15 Million |
|
Jagsonpal Pharmaceuticals Limited
NSE:JAGSNPHARM
|
$34.15 Million |
|
Prostemics Co. Ltd
KQ:203690
|
$34.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tristar Gold's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,534,571 to 27,929,438, a change of -1,605,133 (-5.4%).
- Net loss of 1,934,194 reduced equity.
- Other factors increased equity by 329,061.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.93 Million | -6.93% |
| Other Changes | $329.06K | +1.18% |
| Total Change | $- | -5.43% |
Book Value vs Market Value Analysis
This analysis compares Tristar Gold'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: 1.30x
- 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 1.16x to 1.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.11 | $0.13 | x |
| 2018-12-31 | $0.11 | $0.13 | x |
| 2019-12-31 | $0.10 | $0.13 | x |
| 2020-12-31 | $0.11 | $0.13 | x |
| 2021-12-31 | $0.11 | $0.13 | x |
| 2022-12-31 | $0.11 | $0.13 | x |
| 2023-12-31 | $0.11 | $0.13 | x |
| 2024-12-31 | $0.10 | $0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tristar Gold 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): -6.93%
- 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: 1.03x
- Recent ROE (-6.93%) is below the historical average (-0.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 1.48x | $-37.58K |
| 2009 | 0.00% | 0.00% | 0.00x | 2.53x | $-11.49K |
| 2010 | 0.00% | 0.00% | 0.00x | 1.02x | $-1.33 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 5.46x | $-209.77K |
| 2012 | 28.91% | 0.00% | 0.00x | 2.27x | $901.23K |
| 2013 | 35.86% | 0.00% | 0.00x | 1.13x | $2.19 Million |
| 2014 | -5.17% | 0.00% | 0.00x | 1.20x | $-1.42 Million |
| 2015 | -19.40% | 0.00% | 0.00x | 1.18x | $-3.22 Million |
| 2016 | -14.76% | 0.00% | 0.00x | 1.09x | $-3.60 Million |
| 2017 | -4.71% | 0.00% | 0.00x | 1.06x | $-2.56 Million |
| 2018 | -3.16% | 0.00% | 0.00x | 1.04x | $-2.54 Million |
| 2019 | -9.16% | 0.00% | 0.00x | 1.16x | $-3.65 Million |
| 2020 | -0.50% | 0.00% | 0.00x | 1.16x | $-2.65 Million |
| 2021 | 0.81% | 0.00% | 0.00x | 1.07x | $-2.36 Million |
| 2022 | -3.42% | 0.00% | 0.00x | 1.04x | $-3.79 Million |
| 2023 | -2.40% | 0.00% | 0.00x | 1.03x | $-3.66 Million |
| 2024 | -6.93% | 0.00% | 0.00x | 1.03x | $-4.73 Million |
Industry Comparison
This section compares Tristar Gold'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 |
|---|---|---|---|---|
| Tristar Gold (TSGZF) | $32.29 Million | 0.00% | 0.08x | $34.17 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 |