Goldstar Minerals Inc
Green Mining Innovation Inc. engages in the exploration of mineral properties in the provinces of Québec and Newfoundland. It holds 100% interest in the Fortune property located in the Gaspé Peninsula, Québec; Panache North property situated in the Windfall Lake (Urban Barry) area of Québec; the Prince Property located in the province of Newfoundland; and the Upton (IMV) property located in the M… Read more
Goldstar Minerals Inc (GDMIF) - Net Assets
Latest net assets as of September 2024: $1.28 Million USD
Based on the latest financial reports, Goldstar Minerals Inc (GDMIF) has net assets worth $1.28 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.82 Million) and total liabilities ($542.56K). 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 | $1.28 Million |
| % of Total Assets | 70.26% |
| Annual Growth Rate | 8.72% |
| 5-Year Change | -15.52% |
| 10-Year Change | 121.06% |
| Growth Volatility | 75.6 |
Goldstar Minerals Inc - Net Assets Trend (2011–2023)
This chart illustrates how Goldstar Minerals 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 Goldstar Minerals Inc (2011–2023)
The table below shows the annual net assets of Goldstar Minerals Inc from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $1.61 Million | +428.09% |
| 2022-12-31 | $-490.80K | -139.65% |
| 2021-12-31 | $1.24 Million | +55.87% |
| 2020-12-31 | $794.20K | -58.33% |
| 2019-12-31 | $1.91 Million | +30.10% |
| 2018-12-31 | $1.47 Million | +40.08% |
| 2017-12-31 | $1.05 Million | +86.41% |
| 2016-12-31 | $561.06K | +295.91% |
| 2015-12-31 | $-286.38K | -139.32% |
| 2014-12-31 | $728.44K | -27.20% |
| 2013-12-31 | $1.00 Million | +32.89% |
| 2012-12-31 | $752.90K | +27.54% |
| 2011-12-31 | $590.31K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goldstar Minerals 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 1687296400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.66 Million | 1096.46% |
| Other Components | $1.32 Million | 81.91% |
| Total Equity | $1.61 Million | 100.00% |
Goldstar Minerals Inc Competitors by Market Cap
The table below lists competitors of Goldstar Minerals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PATIENTSKY GRP NK-13736
F:P99
|
$42.30K |
|
IGTI11F
SA:IGTI11F
|
$42.35K |
|
SINOTRUK HONG KONG (4SK.SG)
STU:4SK
|
$42.37K |
|
Heungkuk Fire & Marine Insurance Co. Ltd. Pfd. Series 1
KQ:000545
|
$42.39K |
|
Zenergy AB (publ)
F:8T40
|
$42.23K |
|
Quest For Growth - Pricaf
BR:QFG
|
$42.21K |
|
RAYMOND REALTY LTD
NSE:RAYMONDREL
|
$42.21K |
|
Maison Luxe Inc
PINK:MASN
|
$42.19K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goldstar Minerals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -490,801 to 1,610,259, a change of 2,101,060.
- Net loss of 560,000 reduced equity.
- New share issuances of 550,000 increased equity.
- Other comprehensive income decreased equity by 12,016,044.
- Other factors increased equity by 14,127,104.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-560.00K | -34.78% |
| Share Issuances | $550.00K | +34.16% |
| Other Comprehensive Income | $-12.02 Million | -746.22% |
| Other Changes | $14.13 Million | +877.32% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Goldstar Minerals 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
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $14.67 | $0.00 | x |
| 2012-12-31 | $2.95 | $0.00 | x |
| 2013-12-31 | $2.41 | $0.00 | x |
| 2014-12-31 | $0.52 | $0.00 | x |
| 2015-12-31 | $-0.20 | $0.00 | x |
| 2016-12-31 | $0.18 | $0.00 | x |
| 2017-12-31 | $0.18 | $0.00 | x |
| 2018-12-31 | $0.17 | $0.00 | x |
| 2019-12-31 | $0.18 | $0.00 | x |
| 2020-12-31 | $0.05 | $0.00 | x |
| 2021-12-31 | $0.05 | $0.00 | x |
| 2022-12-31 | $-0.02 | $0.00 | x |
| 2023-12-31 | $0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goldstar Minerals 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): -34.78%
- 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: 1.32x
- Recent ROE (-34.78%) is above the historical average (-112.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -60.82% | 0.00% | 0.00x | 1.31x | $-418.03K |
| 2012 | -741.53% | 0.00% | 0.00x | 1.11x | $-5.66 Million |
| 2013 | -32.08% | 0.00% | 0.00x | 1.60x | $-421.06K |
| 2014 | -59.44% | 0.00% | 0.00x | 1.52x | $-505.84K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-999.36K |
| 2016 | -44.02% | 0.00% | 0.00x | 1.29x | $-303.11K |
| 2017 | -24.09% | 0.00% | 0.00x | 1.27x | $-356.59K |
| 2018 | -57.27% | 0.00% | 0.00x | 1.41x | $-985.51K |
| 2019 | -21.98% | 0.00% | 0.00x | 1.47x | $-609.60K |
| 2020 | -363.64% | 0.00% | 0.00x | 1.25x | $-2.97 Million |
| 2021 | -19.71% | 0.00% | 0.00x | 1.34x | $-367.79K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.71 Million |
| 2023 | -34.78% | 0.00% | 0.00x | 1.32x | $-721.03K |
Industry Comparison
This section compares Goldstar Minerals Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goldstar Minerals Inc (GDMIF) | $1.28 Million | -60.82% | 0.42x | $42.27K |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |