Golden Band Resources Inc
Golden Band Resources Inc. explores, develops, and extracts gold ores in Canada. Its portfolio consists of 13 gold deposits and 5 former producing mines covering an area of approximately 870 square kilometers located in Star Lake, Decade, Komis, and Jolu. Golden Band Resources Inc. was incorporated in 1983 and is based in Saskatoon, Canada.
Golden Band Resources Inc (GBRIF) - Net Assets
Latest net assets as of January 2016: $-106.44 Million USD
Based on the latest financial reports, Golden Band Resources Inc (GBRIF) has net assets worth $-106.44 Million USD as of January 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.89 Million) and total liabilities ($115.33 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 | $-106.44 Million |
| % of Total Assets | -1196.76% |
| Annual Growth Rate | N/A |
| 5-Year Change | -249.87% |
| 10-Year Change | -766.68% |
| Growth Volatility | 125.69 |
Golden Band Resources Inc - Net Assets Trend (2001–2015)
This chart illustrates how Golden Band Resources 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 Golden Band Resources Inc (2001–2015)
The table below shows the annual net assets of Golden Band Resources Inc from 2001 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-04-30 | $-100.87 Million | -38.96% |
| 2014-04-30 | $-72.59 Million | -307.58% |
| 2013-04-30 | $34.97 Million | -43.33% |
| 2012-04-30 | $61.71 Million | -8.32% |
| 2011-04-30 | $67.31 Million | +64.58% |
| 2010-04-30 | $40.90 Million | +51.03% |
| 2009-04-30 | $27.08 Million | -6.62% |
| 2008-04-30 | $29.00 Million | +29.98% |
| 2007-04-30 | $22.31 Million | +47.45% |
| 2006-04-30 | $15.13 Million | +48.43% |
| 2005-04-30 | $10.19 Million | +50.20% |
| 2004-04-30 | $6.79 Million | +42.27% |
| 2003-04-30 | $4.77 Million | +313.89% |
| 2002-04-30 | $1.15 Million | +5.04% |
| 2001-04-30 | $1.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Golden Band Resources 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 18890914500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $81.62 Million | % |
| Other Components | $10.31 Million | % |
| Total Equity | $-100.87 Million | 100.00% |
Golden Band Resources Inc Competitors by Market Cap
The table below lists competitors of Golden Band Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Opus Magnum Ameris Inc
PINK:OPUS
|
$0.95 |
|
AimRite Holdings Corp
PINK:AIMH
|
$0.95 |
|
Morgan & Co Made In Zimbabwe Exchange Traded Fund
XZIM:MIZ
|
$0.95 |
|
Triumph Oil & Gas Corp
PINK:TROG
|
$0.95 |
|
American Silver Mining Co
PINK:ASLM
|
$0.95 |
|
Northamerican Energy Group Corporation
PINK:NNYR
|
$0.95 |
|
Infinite Networks Corporation
PINK:INNX
|
$0.95 |
|
Now Corp
PINK:NWPN
|
$0.95 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Band Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from -72,592,804 to -100,871,472, a change of -28,278,668.
- Net loss of 28,301,868 reduced equity.
- Other factors increased equity by 23,200.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-28.30 Million | -28.06% |
| Other Changes | $23.20K | +0.02% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Golden Band Resources 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 |
|---|---|---|---|
| 2001-04-30 | $0.10 | $0.00 | x |
| 2002-04-30 | $0.10 | $0.00 | x |
| 2003-04-30 | $0.13 | $0.00 | x |
| 2004-04-30 | $0.15 | $0.00 | x |
| 2005-04-30 | $0.13 | $0.00 | x |
| 2006-04-30 | $0.19 | $0.00 | x |
| 2007-04-30 | $0.24 | $0.00 | x |
| 2008-04-30 | $0.27 | $0.00 | x |
| 2009-04-30 | $0.21 | $0.00 | x |
| 2010-04-30 | $0.25 | $0.00 | x |
| 2011-04-30 | $0.28 | $0.00 | x |
| 2012-04-30 | $0.22 | $0.00 | x |
| 2013-04-30 | $0.12 | $0.00 | x |
| 2014-04-30 | $-0.25 | $0.00 | x |
| 2015-04-30 | $-0.35 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Band Resources 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: -2449.22%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-9.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -5.11% | 0.00% | 0.00x | 1.04x | $-165.78K |
| 2002 | -5.42% | 0.00% | 0.00x | 1.16x | $-177.77K |
| 2003 | -5.47% | 0.00% | 0.00x | 1.00x | $-737.75K |
| 2004 | -9.52% | 0.00% | 0.00x | 1.00x | $-1.32 Million |
| 2005 | 3.06% | 0.00% | 0.00x | 1.07x | $-707.02K |
| 2006 | -4.17% | 0.00% | 0.00x | 1.04x | $-2.14 Million |
| 2007 | 2.95% | 0.00% | 0.00x | 1.03x | $-1.57 Million |
| 2008 | -5.61% | 0.00% | 0.00x | 1.15x | $-4.53 Million |
| 2009 | -8.44% | 0.00% | 0.00x | 1.14x | $-4.99 Million |
| 2010 | -5.72% | 0.00% | 0.00x | 1.09x | $-6.43 Million |
| 2011 | -8.18% | -130.88% | 0.05x | 1.36x | $-12.24 Million |
| 2012 | -10.41% | -9.46% | 0.76x | 1.46x | $-12.59 Million |
| 2013 | -76.78% | -71.29% | 0.42x | 2.54x | $-30.35 Million |
| 2014 | 0.00% | -893.62% | 0.40x | 0.00x | $-100.37 Million |
| 2015 | 0.00% | -2449.22% | 0.11x | 0.00x | $-18.21 Million |
Industry Comparison
This section compares Golden Band Resources 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 |
|---|---|---|---|---|
| Golden Band Resources Inc (GBRIF) | $-106.44 Million | -5.11% | N/A | $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 |
| 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 |