Affinity Gold Corp
Affinity Gold Corporation acquires and develops metals and minerals in Latin America. It operates a hard rock lead, silver, and zinc project in Huancavelica, Peru; and a gold and silver low-sulphidation, epithermal deposit in La Libertad, Peru. Affinity Gold Corporation was formerly known as Syncfeed, Inc. and changed its name to Affinity Gold Corporation in February 2009. The company was founded… Read more
Affinity Gold Corp (AFYG) - Net Assets
Latest net assets as of September 2009: $12.58 Million USD
Based on the latest financial reports, Affinity Gold Corp (AFYG) has net assets worth $12.58 Million USD as of September 2009.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.73 Million) and total liabilities ($147.68K). 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 | $12.58 Million |
| % of Total Assets | 98.84% |
| Annual Growth Rate | 150.24% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Affinity Gold Corp - Net Assets Trend (2007–2009)
This chart illustrates how Affinity Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Affinity Gold Corp (2007–2009)
The table below shows the annual net assets of Affinity Gold Corp from 2007 to 2009.
| Year | Net Assets | Change |
|---|---|---|
| 2009-03-31 | $241.37K | +3503.82% |
| 2008-03-31 | $-7.09K | -118.42% |
| 2007-03-31 | $38.49K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Affinity Gold Corp'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 124545600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2009)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $65.26K | 27.04% |
| Other Components | $1.43 Million | 590.83% |
| Total Equity | $241.37K | 100.00% |
Affinity Gold Corp Competitors by Market Cap
The table below lists competitors of Affinity Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ACREAGE HLDGS INC.CL.D SV
F:0VZ2
|
$4.68K |
|
Misr Hotels
EGX:MHOT
|
$4.68K |
|
Dam Phu My Packaging JSC
VN:PMP
|
$4.69K |
|
AMA GRP
BE:KC7
|
$4.69K |
|
I-Minerals Inc
PINK:IMAHF
|
$4.68K |
|
BluSky AI, Inc.
PINK:IMIID
|
$4.68K |
|
Small Business Development Group Inc
PINK:SBDG
|
$4.67K |
|
Nanomix Corporation
PINK:NNMX
|
$4.67K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Affinity Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2008 to 2009, total equity changed from -7,091 to 241,365, a change of 248,456.
- Net loss of 1,199,870 reduced equity.
- Share repurchases of 120,359 reduced equity.
- Other factors increased equity by 1,568,685.
Equity Change Factors (2008 to 2009)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.20 Million | -497.12% |
| Share Repurchases | $120.36K | -49.87% |
| Other Changes | $1.57 Million | +649.92% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Affinity Gold Corp'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: 0.03x
- 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 decreased from 0.17x to 0.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | $0.00 | $0.00 | x |
| 2008-03-31 | $0.00 | $0.00 | x |
| 2009-03-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Affinity Gold Corp 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): -497.12%
- 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: 1.10x
- Recent ROE (-497.12%) is below the historical average (-169.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -11.70% | 0.00% | 0.00x | 1.01x | $-8.35K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-44.88K |
| 2009 | -497.12% | 0.00% | 0.00x | 1.10x | $-1.22 Million |
Industry Comparison
This section compares Affinity Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $2,174,146,366
- Average return on equity (ROE) among peers: -21.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Affinity Gold Corp (AFYG) | $12.58 Million | -11.70% | 0.01x | $4.68K |
| 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 |
| 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 |