Antioquia Gold Inc
Antioquia Gold Inc. engages in the exploration, evaluation, and mining of gold resource properties in Colombia. Its principal property is the Cisneros project, which covers an area of 17,147.59 hectares located to the northeast of Medellin in the Department of Antioquia, Colombia. The company is based in Toronto, Canada. Antioquia Gold Inc. operates as a subsidiary of Infinita Prosperidad Minera … Read more
Antioquia Gold Inc (AGDXF) - Net Assets
Latest net assets as of September 2023: $-58.86 Million USD
Based on the latest financial reports, Antioquia Gold Inc (AGDXF) has net assets worth $-58.86 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($150.52 Million) and total liabilities ($209.38 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 | $-58.86 Million |
| % of Total Assets | -39.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | -559.03% |
| 10-Year Change | -477.67% |
| Growth Volatility | 150.72 |
Antioquia Gold Inc - Net Assets Trend (2007–2022)
This chart illustrates how Antioquia Gold Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Antioquia Gold Inc (2007–2022)
The table below shows the annual net assets of Antioquia Gold Inc from 2007 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-58.60 Million | -59.96% |
| 2021-12-31 | $-36.63 Million | -151.21% |
| 2020-12-31 | $-14.58 Million | -139.43% |
| 2019-12-31 | $-6.09 Million | -147.71% |
| 2018-12-31 | $12.77 Million | +514.54% |
| 2017-12-31 | $-3.08 Million | -348.64% |
| 2016-12-31 | $-686.37K | -106.16% |
| 2015-12-31 | $11.15 Million | -18.53% |
| 2014-12-31 | $13.69 Million | -11.78% |
| 2013-12-31 | $15.52 Million | +2.43% |
| 2012-12-31 | $15.15 Million | +9.89% |
| 2011-12-31 | $13.78 Million | -12.57% |
| 2010-12-31 | $15.76 Million | +97.72% |
| 2009-12-31 | $7.97 Million | +408.07% |
| 2008-12-31 | $1.57 Million | +323.48% |
| 2007-12-31 | $-702.21K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Antioquia Gold Inc'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 6949004700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $59.28 Million | % |
| Other Comprehensive Income | $-42.93 Million | % |
| Other Components | $370.00K | % |
| Total Equity | $-58.60 Million | 100.00% |
Antioquia Gold Inc Competitors by Market Cap
The table below lists competitors of Antioquia Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CubicFarm Systems Corp
PINK:CUBXF
|
$1.44 Million |
|
Champion Bear Resources Ltd
PINK:CBRSF
|
$1.44 Million |
|
Hedera Group publ AB
ST:HEGR
|
$1.44 Million |
|
Montfort Capital Corp
PINK:MONTF
|
$1.44 Million |
|
D.T.C. Industries Public Company Limited
BK:DTCI
|
$1.44 Million |
|
Columbus Acquisition Corp Rights
NASDAQ:COLAR
|
$1.44 Million |
|
HUMANA - Dusseldorf Stock Exchang
DU:HUM
|
$1.44 Million |
|
Bronco Resources Corp.
V:BRON
|
$1.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Antioquia Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -36,631,832 to -58,595,610, a change of -21,963,778.
- Net loss of 8,313,967 reduced equity.
- Other comprehensive income decreased equity by 13,649,811.
- Other factors decreased equity by 0.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.31 Million | -14.19% |
| Other Comprehensive Income | $-13.65 Million | -23.29% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Antioquia Gold Inc'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 |
|---|---|---|---|
| 2007-12-31 | $-0.04 | $0.02 | x |
| 2008-12-31 | $0.08 | $0.02 | x |
| 2009-12-31 | $0.17 | $0.02 | x |
| 2010-12-31 | $0.17 | $0.02 | x |
| 2012-12-31 | $0.12 | $0.02 | x |
| 2013-12-31 | $0.10 | $0.02 | x |
| 2014-12-31 | $0.07 | $0.02 | x |
| 2015-12-31 | $0.05 | $0.02 | x |
| 2016-12-31 | $0.00 | $0.02 | x |
| 2017-12-31 | $-0.01 | $0.02 | x |
| 2018-12-31 | $0.02 | $0.02 | x |
| 2019-12-31 | $-0.01 | $0.02 | x |
| 2020-12-31 | $-0.02 | $0.02 | x |
| 2021-12-31 | $-0.04 | $0.02 | x |
| 2022-12-31 | $-0.06 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Antioquia Gold Inc 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.90%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-145.32K |
| 2008 | -38.90% | 0.00% | 0.00x | 1.28x | $-767.30K |
| 2009 | -20.72% | 0.00% | 0.00x | 1.05x | $-2.45 Million |
| 2010 | -15.80% | -1965.25% | 0.01x | 1.03x | $-4.07 Million |
| 2011 | -15.95% | 0.00% | 0.00x | 1.03x | $-3.58 Million |
| 2012 | -20.15% | 0.00% | 0.00x | 1.04x | $-4.57 Million |
| 2013 | -6.97% | 0.00% | 0.00x | 1.03x | $-2.63 Million |
| 2014 | -11.03% | 0.00% | 0.00x | 1.22x | $-2.88 Million |
| 2015 | -26.55% | 0.00% | 0.00x | 1.54x | $-4.08 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.19 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.18 Million |
| 2018 | -25.30% | 0.00% | 0.00x | 8.68x | $-4.51 Million |
| 2019 | 0.00% | -85.37% | 0.17x | 0.00x | $-16.68 Million |
| 2020 | 0.00% | -13.78% | 0.35x | 0.00x | $-4.59 Million |
| 2021 | 0.00% | -6.73% | 0.72x | 0.00x | $-1.94 Million |
| 2022 | 0.00% | -7.90% | 0.90x | 0.00x | $-2.45 Million |
Industry Comparison
This section compares Antioquia Gold Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $2,173,998,821
- Average return on equity (ROE) among peers: -72.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Antioquia Gold Inc (AGDXF) | $-58.86 Million | 0.00% | N/A | $1.44 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 |