Galway Gold Inc
Montauk Metals Inc. engages in the acquisition, exploration, and development of mineral resource properties. It primarily explores for gold deposit. The company holds interests in the Reina de Oro property located in the Santander mining district of Colombia. The company was formerly known as Galway Gold Inc. and changed its name to Montauk Metals Inc. in July 2023. Montauk Metals Inc. was incorp… Read more
Galway Gold Inc (GAYGF) - Net Assets
Latest net assets as of September 2024: $-573.55K USD
Based on the latest financial reports, Galway Gold Inc (GAYGF) has net assets worth $-573.55K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($636.40K) and total liabilities ($1.21 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 | $-573.55K |
| % of Total Assets | -90.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | -113.96% |
| 10-Year Change | -105.97% |
| Growth Volatility | 125.96 |
Galway Gold Inc - Net Assets Trend (2012–2023)
This chart illustrates how Galway 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 Galway Gold Inc (2012–2023)
The table below shows the annual net assets of Galway Gold Inc from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-708.00K | -460.11% |
| 2022-12-31 | $196.60K | -90.21% |
| 2021-12-31 | $2.01 Million | -41.41% |
| 2020-12-31 | $3.43 Million | -32.43% |
| 2019-12-31 | $5.07 Million | -20.95% |
| 2018-12-31 | $6.42 Million | -15.12% |
| 2017-12-31 | $7.56 Million | -12.44% |
| 2016-12-31 | $8.63 Million | -11.49% |
| 2015-12-31 | $9.75 Million | -17.82% |
| 2014-12-31 | $11.87 Million | -12.06% |
| 2013-12-31 | $13.49 Million | -31.11% |
| 2012-12-31 | $19.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Galway 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 2234585800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.75 Million | % |
| Other Comprehensive Income | $2.03K | % |
| Other Components | $1.95 Million | % |
| Total Equity | $-708.00K | 100.00% |
Galway Gold Inc Competitors by Market Cap
The table below lists competitors of Galway Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Forterra PLC
LSE:FORT
|
$44.40K |
|
FG Acquisition Corp.
TO:FGAA-U
|
$44.42K |
|
Monroe Capital Corp
NASDAQ:MRCC
|
$44.44K |
|
CDA SA
WAR:CDA
|
$44.52K |
|
Testa Residencial SOCIMI S.A.
MC:YTST
|
$44.32K |
|
EASYJET (EJT1.SG)
STU:EJT1
|
$44.31K |
|
Pensionbee Group PLC
LSE:PBEE
|
$44.29K |
|
AECI MINING EXPLOSIVES PLC
LUSE:AECI
|
$44.27K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galway Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 196,605 to -708,000, a change of -904,605 (-460.1%).
- Net loss of 897 reduced equity.
- Other comprehensive income decreased equity by 6,911.
- Other factors decreased equity by 896,797.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-897.00 | -0.13% |
| Other Comprehensive Income | $-6.91K | -0.98% |
| Other Changes | $-896.80K | -126.67% |
| Total Change | $- | -460.11% |
Book Value vs Market Value Analysis
This analysis compares Galway 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 |
|---|---|---|---|
| 2013-12-31 | $0.32 | $0.01 | x |
| 2014-12-31 | $0.29 | $0.01 | x |
| 2015-12-31 | $0.23 | $0.01 | x |
| 2016-12-31 | $0.21 | $0.01 | x |
| 2017-12-31 | $0.18 | $0.01 | x |
| 2018-12-31 | $0.15 | $0.01 | x |
| 2019-12-31 | $0.12 | $0.01 | x |
| 2020-12-31 | $0.08 | $0.01 | x |
| 2021-12-31 | $0.05 | $0.01 | x |
| 2022-12-31 | $0.00 | $0.01 | x |
| 2023-12-31 | $-0.02 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galway 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-110.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -53.31% | 0.00% | 0.00x | 1.02x | $-8.54 Million |
| 2014 | -17.92% | 0.00% | 0.00x | 1.01x | $-3.31 Million |
| 2015 | -25.69% | 0.00% | 0.00x | 1.01x | $-3.48 Million |
| 2016 | -13.03% | 0.00% | 0.00x | 1.01x | $-1.99 Million |
| 2017 | -14.21% | 0.00% | 0.00x | 1.01x | $-1.83 Million |
| 2018 | -17.91% | 0.00% | 0.00x | 1.01x | $-1.79 Million |
| 2019 | -26.92% | 0.00% | 0.00x | 1.02x | $-1.87 Million |
| 2020 | -48.79% | 0.00% | 0.00x | 1.07x | $-2.02 Million |
| 2021 | -70.44% | 0.00% | 0.00x | 1.09x | $-1.62 Million |
| 2022 | -927.54% | 0.00% | 0.00x | 3.83x | $-1.84 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $69.90K |
Industry Comparison
This section compares Galway Gold Inc'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 |
|---|---|---|---|---|
| Galway Gold Inc (GAYGF) | $-573.55K | -53.31% | N/A | $44.37K |
| 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 |