Condor Gold Plc
Condor Gold Plc, together with its subsidiaries, operates as a gold exploration and development company in the United Kingdom and Nicaragua. It explores for silver mines. The company owns a 100% interest in the La India project that comprises 11 concessions covering an area of 588 square kilometers located in the La India Gold Mining District, Nicaragua. It also holds 100% interests in Rio Luna c… Read more
Condor Gold Plc (CNDGF) - Net Assets
Latest net assets as of June 2024: $46.28 Million USD
Based on the latest financial reports, Condor Gold Plc (CNDGF) has net assets worth $46.28 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($46.45 Million) and total liabilities ($175.70K). 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 | $46.28 Million |
| % of Total Assets | 99.62% |
| Annual Growth Rate | 10.64% |
| 5-Year Change | 88.27% |
| 10-Year Change | 102.75% |
| Growth Volatility | 21.38 |
Condor Gold Plc - Net Assets Trend (2006–2023)
This chart illustrates how Condor Gold Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Condor Gold Plc (2006–2023)
The table below shows the annual net assets of Condor Gold Plc from 2006 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $44.78 Million | -2.42% |
| 2022-12-31 | $45.89 Million | +20.22% |
| 2021-12-31 | $38.17 Million | +30.89% |
| 2020-12-31 | $29.16 Million | +22.61% |
| 2019-12-31 | $23.79 Million | +13.03% |
| 2018-12-31 | $21.04 Million | +5.11% |
| 2017-12-31 | $20.02 Million | +18.22% |
| 2016-12-31 | $16.94 Million | -16.09% |
| 2015-12-31 | $20.18 Million | -8.61% |
| 2014-12-31 | $22.09 Million | +25.37% |
| 2013-12-31 | $17.62 Million | +37.83% |
| 2012-12-31 | $12.78 Million | +61.22% |
| 2011-12-31 | $7.93 Million | +34.90% |
| 2010-12-31 | $5.88 Million | -13.88% |
| 2009-12-31 | $6.82 Million | +12.51% |
| 2008-12-31 | $6.07 Million | -10.00% |
| 2007-12-31 | $6.74 Million | -16.00% |
| 2006-12-31 | $8.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Condor Gold Plc'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 3397537000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.77 Million | 70.94% |
| Other Comprehensive Income | $-1.93 Million | -4.30% |
| Other Components | $49.60 Million | 110.77% |
| Total Equity | $44.78 Million | 100.00% |
Condor Gold Plc Competitors by Market Cap
The table below lists competitors of Condor Gold Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Puloon Technology Inc
KQ:094940
|
$42.50 Million |
|
MEDICLIN Aktiengesellschaft
XETRA:MED
|
$42.51 Million |
|
Shalby Limited
NSE:SHALBY
|
$42.51 Million |
|
TOPMATERIAL LTD
KQ:360070
|
$42.52 Million |
|
Deep Noid Inc.
KQ:315640
|
$42.49 Million |
|
Usak Seramik Sanayi AS
IS:USAK
|
$42.49 Million |
|
Sunflex Tech Co Ltd
TWO:3390
|
$42.46 Million |
|
Mid-Southern Bancorp Inc
PINK:MSVB
|
$42.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Condor Gold Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 45,891,965 to 44,779,498, a change of -1,112,467 (-2.4%).
- Net loss of 1,687,177 reduced equity.
- New share issuances of 2,940,839 increased equity.
- Other comprehensive income decreased equity by 2,675,987.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.69 Million | -3.77% |
| Share Issuances | $2.94 Million | +6.57% |
| Other Comprehensive Income | $-2.68 Million | -5.98% |
| Other Changes | $309.86K | +0.69% |
| Total Change | $- | -2.42% |
Book Value vs Market Value Analysis
This analysis compares Condor Gold Plc'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: 1.09x
- 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 0.25x to 1.09x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $1.24 | $0.31 | x |
| 2007-12-31 | $1.03 | $0.31 | x |
| 2008-12-31 | $0.53 | $0.31 | x |
| 2009-12-31 | $0.33 | $0.31 | x |
| 2010-12-31 | $0.24 | $0.31 | x |
| 2011-12-31 | $0.30 | $0.31 | x |
| 2012-12-31 | $0.42 | $0.31 | x |
| 2013-12-31 | $0.47 | $0.31 | x |
| 2014-12-31 | $0.55 | $0.31 | x |
| 2015-12-31 | $0.50 | $0.31 | x |
| 2016-12-31 | $0.32 | $0.31 | x |
| 2017-12-31 | $0.34 | $0.31 | x |
| 2018-12-31 | $0.32 | $0.31 | x |
| 2019-12-31 | $0.29 | $0.31 | x |
| 2020-12-31 | $0.27 | $0.31 | x |
| 2021-12-31 | $0.28 | $0.31 | x |
| 2022-12-31 | $0.29 | $0.31 | x |
| 2023-12-31 | $0.28 | $0.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Condor Gold Plc 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): -3.77%
- 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: 1.00x
- Recent ROE (-3.77%) is above the historical average (-17.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -8.60% | 0.00% | 0.00x | 1.02x | $-1.49 Million |
| 2007 | -20.18% | 0.00% | 0.00x | 1.02x | $-2.03 Million |
| 2008 | -57.33% | 0.00% | 0.00x | 1.02x | $-4.08 Million |
| 2009 | -8.18% | 0.00% | 0.00x | 1.01x | $-1.24 Million |
| 2010 | -22.29% | 0.00% | 0.00x | 1.02x | $-1.90 Million |
| 2011 | -24.60% | 0.00% | 0.00x | 1.04x | $-2.77 Million |
| 2012 | -25.31% | 0.00% | 0.00x | 1.05x | $-4.54 Million |
| 2013 | -16.43% | 0.00% | 0.00x | 1.03x | $-4.67 Million |
| 2014 | -14.70% | 0.00% | 0.00x | 1.02x | $-5.47 Million |
| 2015 | -15.11% | 0.00% | 0.00x | 1.02x | $-5.09 Million |
| 2016 | -45.15% | 0.00% | 0.00x | 1.02x | $-9.38 Million |
| 2017 | -15.04% | 0.00% | 0.00x | 1.02x | $-5.03 Million |
| 2018 | -10.93% | 0.00% | 0.00x | 1.01x | $-4.40 Million |
| 2019 | -6.41% | 0.00% | 0.00x | 1.03x | $-3.90 Million |
| 2020 | -4.49% | 0.00% | 0.00x | 1.01x | $-4.23 Million |
| 2021 | -6.10% | 0.00% | 0.00x | 1.01x | $-6.15 Million |
| 2022 | -5.52% | 0.00% | 0.00x | 1.01x | $-7.12 Million |
| 2023 | -3.77% | 0.00% | 0.00x | 1.00x | $-6.17 Million |
Industry Comparison
This section compares Condor Gold Plc'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 |
|---|---|---|---|---|
| Condor Gold Plc (CNDGF) | $46.28 Million | -8.60% | 0.00x | $42.50 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 |