NXGCF
NeXGold Mining Corp. operates as a gold exploration and development company in Canada. The company's flagship asset is the 100%-owned Goliath Gold Complex, an advanced stage high-grade gold deposit near Dryden, Ontario, which includes the Goliath, Goldlund, and Miller projects. Its Goliath property covers approximately 7,601 hectares (ha) comprising 284 mining claims totaling approximately 6,254 … Read more
NXGCF (NXGCF) - Net Assets
Latest net assets as of September 2025: $141.80 Million USD
Based on the latest financial reports, NXGCF (NXGCF) has net assets worth $141.80 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 ($159.56 Million) and total liabilities ($17.76 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 | $141.80 Million |
| % of Total Assets | 88.87% |
| Annual Growth Rate | -2.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 34.2 |
NXGCF - Net Assets Trend (2020–2024)
This chart illustrates how NXGCF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NXGCF (2020–2024)
The table below shows the annual net assets of NXGCF from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $159.27 Million | +60.13% |
| 2023-12-31 | $99.46 Million | -4.44% |
| 2022-12-31 | $104.09 Million | -15.21% |
| 2021-12-31 | $122.76 Million | -29.06% |
| 2020-12-31 | $173.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NXGCF'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 12528673000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $322.90 Million | 202.74% |
| Total Equity | $159.27 Million | 100.00% |
NXGCF Competitors by Market Cap
The table below lists competitors of NXGCF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhuhai Kles Technology Co. Ltd. A
SHE:301314
|
$108.90 Million |
|
Bassett Furniture Industries
NASDAQ:BSET
|
$108.92 Million |
|
The Reject Shop Ltd
AU:TRS
|
$109.02 Million |
|
Ancom Berhad
KLSE:4758
|
$109.07 Million |
|
Unitech Limited
NSE:UNITECH
|
$108.81 Million |
|
Kginicis Co.Ltd
KQ:035600
|
$108.80 Million |
|
XRF Scientific Ltd
AU:XRF
|
$108.79 Million |
|
AC IMMUNE SA SF-02
F:IMR
|
$108.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NXGCF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 99,460,963 to 159,268,890, a change of 59,807,927 (60.1%).
- Net loss of 19,593,866 reduced equity.
- New share issuances of 14,484,980 increased equity.
- Other factors increased equity by 64,916,813.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-19.59 Million | -12.3% |
| Share Issuances | $14.48 Million | +9.09% |
| Other Changes | $64.92 Million | +40.76% |
| Total Change | $- | 60.13% |
Book Value vs Market Value Analysis
This analysis compares NXGCF'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: 0.41x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.07x to 0.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $6.15 | $0.46 | x |
| 2021-12-31 | $3.56 | $0.46 | x |
| 2022-12-31 | $3.01 | $0.46 | x |
| 2023-12-31 | $2.23 | $0.46 | x |
| 2024-12-31 | $1.11 | $0.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NXGCF 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): -12.30%
- 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: 1.20x
- Recent ROE (-12.30%) is below the historical average (-11.96%), 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 | -1.59% | 0.00% | 0.00x | 1.06x | $-20.06 Million |
| 2021 | -12.97% | 0.00% | 0.00x | 1.08x | $-28.20 Million |
| 2022 | -19.50% | 0.00% | 0.00x | 1.19x | $-30.70 Million |
| 2023 | -13.46% | 0.00% | 0.00x | 1.18x | $-23.33 Million |
| 2024 | -12.30% | 0.00% | 0.00x | 1.20x | $-35.52 Million |
Industry Comparison
This section compares NXGCF'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 |
|---|---|---|---|---|
| NXGCF (NXGCF) | $141.80 Million | -1.59% | 0.13x | $108.83 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 |