Andes Gold Corp
Andes Gold Corporation engages in the development and production of gold assets in South America. The company, through its subsidiary, Compania Minera Pl. S.A, holds interest in the Miranda Alto, a gold mining and exploration concession located in the cantons of Zaruma and Portovelo, province of El Oro, southern Ecuador. It also produces silver from the mine. The company was formerly known as Pri… Read more
Andes Gold Corp (AGCZ) - Net Assets
Latest net assets as of September 2015: $9.01 Million USD
Based on the latest financial reports, Andes Gold Corp (AGCZ) has net assets worth $9.01 Million USD as of September 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.43 Million) and total liabilities ($1.42 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 | $9.01 Million |
| % of Total Assets | 86.4% |
| Annual Growth Rate | 20.11% |
| 5-Year Change | 340.3% |
| 10-Year Change | 895.25% |
| Growth Volatility | 172.01 |
Andes Gold Corp - Net Assets Trend (1994–2014)
This chart illustrates how Andes 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 Andes Gold Corp (1994–2014)
The table below shows the annual net assets of Andes Gold Corp from 1994 to 2014.
| Year | Net Assets | Change |
|---|---|---|
| 2014-12-31 | $7.81 Million | +3.68% |
| 2014-09-30 | $7.53 Million | +8.38% |
| 2013-12-31 | $6.95 Million | +239.86% |
| 2011-12-31 | $2.05 Million | +15.29% |
| 2010-12-31 | $1.77 Million | +419.18% |
| 2008-12-31 | $-555.77K | +36.22% |
| 2003-12-31 | $-871.43K | -258.86% |
| 2002-12-31 | $548.57K | -15.37% |
| 2001-12-31 | $648.20K | -17.40% |
| 2000-12-31 | $784.78K | -34.74% |
| 1999-12-31 | $1.20 Million | -37.26% |
| 1998-12-31 | $1.92 Million | -12.29% |
| 1997-12-31 | $2.19 Million | -30.82% |
| 1996-12-31 | $3.16 Million | +163.27% |
| 1995-12-31 | $1.20 Million | +500.00% |
| 1994-12-31 | $200.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Andes 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 grown by 634800400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2014)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.75 Million | 73.59% |
| Common Stock | $5.74 Million | 73.52% |
| Total Equity | $7.81 Million | 100.00% |
Andes Gold Corp Competitors by Market Cap
The table below lists competitors of Andes Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
iConsumer Corp
PINK:RWRDP
|
$0.95 |
|
Bedford Energy Inc
PINK:BFDE
|
$0.95 |
|
Secured Services Inc
PINK:SSVC
|
$0.95 |
|
Family Room Entertainment Corporation
PINK:FMYR
|
$0.95 |
|
SStartrade Tech Inc
PINK:SSTT
|
$0.95 |
|
Triumph Oil & Gas Corp
PINK:TROG
|
$0.95 |
|
Morgan & Co Made In Zimbabwe Exchange Traded Fund
XZIM:MIZ
|
$0.95 |
|
AimRite Holdings Corp
PINK:AIMH
|
$0.95 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Andes Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2014, total equity changed from 7,532,998 to 7,810,569, a change of 277,571 (3.7%).
- Net income of 1,991,671 contributed positively to equity growth.
- Other factors decreased equity by 1,714,100.
Equity Change Factors (2014 to 2014)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.99 Million | +25.5% |
| Other Changes | $-1.71 Million | -21.95% |
| Total Change | $- | 3.68% |
Book Value vs Market Value Analysis
This analysis compares Andes 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $2816.90 | $0.00 | x |
| 1995-12-31 | $16901.41 | $0.00 | x |
| 1996-12-31 | $44495.97 | $0.00 | x |
| 1997-12-31 | $30780.35 | $0.00 | x |
| 1998-12-31 | $26258.15 | $0.00 | x |
| 1999-12-31 | $16474.04 | $0.00 | x |
| 2000-12-31 | $10750.45 | $0.00 | x |
| 2001-12-31 | $3812.94 | $0.00 | x |
| 2002-12-31 | $641.60 | $0.00 | x |
| 2003-12-31 | $-1019.22 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Andes 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): 25.50%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.87%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.15x
- Recent ROE (25.50%) is above the historical average (-53.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | -150.00% | -60.00% | 0.63x | 4.00x | $-320.00K |
| 1996 | -76.54% | -68.35% | 0.95x | 1.18x | $-2.73 Million |
| 1997 | -43.18% | -26.35% | 1.62x | 1.01x | $-1.16 Million |
| 1998 | -14.29% | -6.96% | 2.02x | 1.02x | $-465.62K |
| 1999 | -59.39% | -42.89% | 1.36x | 1.02x | $-834.51K |
| 2000 | -53.24% | -48.97% | 1.07x | 1.02x | $-496.30K |
| 2001 | -54.33% | -35215600.00% | 0.00x | 1.04x | $-416.98K |
| 2002 | -499.87% | -52.84% | 1.25x | 7.56x | $-2.80 Million |
| 2003 | 0.00% | -376.84% | 0.41x | 0.00x | $-6.13 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $87.17K |
| 2008 | 0.00% | 47.28% | 0.43x | 0.00x | $371.46K |
| 2010 | 14.50% | 8.79% | 1.12x | 1.47x | $79.90K |
| 2011 | 25.51% | 11.72% | 1.49x | 1.46x | $316.98K |
| 2013 | 13.98% | 23.69% | 0.51x | 1.15x | $276.86K |
| 2014 | 20.63% | 24.71% | 0.71x | 1.18x | $800.80K |
| 2014 | 25.50% | 22.87% | 0.97x | 1.15x | $1.21 Million |
Industry Comparison
This section compares Andes Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $2,174,101,162
- Average return on equity (ROE) among peers: -70.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Andes Gold Corp (AGCZ) | $9.01 Million | -150.00% | 0.16x | $0.95 |
| 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 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |