Glen Eagle Resources Inc
Glen Eagle Resources Inc. engages in the production of gold. Its properties include Piedra Dorada and La Moloncasa properties, located in Tegucigalpa in Honduras. The company was incorporated in 1995 and is based in Saint-Lambert, Canada.
Glen Eagle Resources Inc (GERFF) - Net Assets
Latest net assets as of September 2023: $-952.83K USD
Based on the latest financial reports, Glen Eagle Resources Inc (GERFF) has net assets worth $-952.83K USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.13 Million) and total liabilities ($4.08 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 | $-952.83K |
| % of Total Assets | -30.43% |
| Annual Growth Rate | -1.68% |
| 5-Year Change | -78.14% |
| 10-Year Change | -80.9% |
| Growth Volatility | 102.72 |
Glen Eagle Resources Inc - Net Assets Trend (2001–2022)
This chart illustrates how Glen Eagle 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 Glen Eagle Resources Inc (2001–2022)
The table below shows the annual net assets of Glen Eagle Resources Inc from 2001 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $905.45K | -14.61% |
| 2021-12-31 | $1.06 Million | -2.65% |
| 2020-12-31 | $1.09 Million | -36.81% |
| 2019-12-31 | $1.72 Million | -58.38% |
| 2018-12-31 | $4.14 Million | -6.47% |
| 2017-12-31 | $4.43 Million | -17.69% |
| 2016-12-31 | $5.38 Million | +28.53% |
| 2015-12-31 | $4.19 Million | -19.08% |
| 2014-12-31 | $5.17 Million | +9.10% |
| 2013-12-31 | $4.74 Million | +2.64% |
| 2012-12-31 | $4.62 Million | +16.01% |
| 2011-12-31 | $3.98 Million | +328.29% |
| 2010-12-31 | $929.62K | +639.85% |
| 2009-12-31 | $-172.20K | -284.65% |
| 2008-12-31 | $93.26K | -83.12% |
| 2007-12-31 | $552.64K | +29.44% |
| 2006-12-31 | $426.94K | +48.87% |
| 2005-12-31 | $286.80K | -8.16% |
| 2004-12-31 | $312.27K | -73.94% |
| 2003-12-31 | $1.20 Million | -20.87% |
| 2002-12-31 | $1.51 Million | +17.29% |
| 2001-12-31 | $1.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Glen Eagle 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 1809319700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $30.96 Million | 3419.49% |
| Other Comprehensive Income | $-110.87K | -12.24% |
| Other Components | $5.20 Million | 574.29% |
| Total Equity | $905.45K | 100.00% |
Glen Eagle Resources Inc Competitors by Market Cap
The table below lists competitors of Glen Eagle Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JSW Cement Ltd
NSE:JSWCEMENT
|
$13.01K |
|
Thai Oil PCL
STU:LQZ
|
$13.02K |
|
Clearwise AG
DU:ABO
|
$13.02K |
|
Genetics Generation Advancement Corp.
TWO:4160
|
$13.03K |
|
Natura Cosmeticos S.A.
SA:NATU3
|
$13.01K |
|
Bellevue Healthcare Trust PLC
F:67B
|
$13.00K |
|
Shahmurad Sugar Mills Ltd
KAR:SHSML
|
$13.00K |
|
Handysoft Co. Ltd.
KO:220180
|
$12.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glen Eagle Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,060,389 to 905,450, a change of -154,939 (-14.6%).
- Net loss of 831,000 reduced equity.
- New share issuances of 543,541 increased equity.
- Other comprehensive income increased equity by 132,603.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-831.00K | -91.78% |
| Share Issuances | $543.54K | +60.03% |
| Other Comprehensive Income | $132.60K | +14.64% |
| Other Changes | $-83.00 | -0.01% |
| Total Change | $- | -14.61% |
Book Value vs Market Value Analysis
This analysis compares Glen Eagle 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
- 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 |
|---|---|---|---|
| 2001-12-31 | $0.14 | $0.00 | x |
| 2002-12-31 | $0.15 | $0.00 | x |
| 2003-12-31 | $0.11 | $0.00 | x |
| 2004-12-31 | $0.03 | $0.00 | x |
| 2005-12-31 | $0.02 | $0.00 | x |
| 2006-12-31 | $0.03 | $0.00 | x |
| 2007-12-31 | $0.03 | $0.00 | x |
| 2008-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $-0.01 | $0.00 | x |
| 2010-12-31 | $0.03 | $0.00 | x |
| 2011-12-31 | $0.11 | $0.00 | x |
| 2012-12-31 | $0.10 | $0.00 | x |
| 2013-12-31 | $0.10 | $0.00 | x |
| 2014-12-31 | $0.10 | $0.00 | x |
| 2015-12-31 | $0.06 | $0.00 | x |
| 2016-12-31 | $0.06 | $0.00 | x |
| 2017-12-31 | $0.06 | $0.00 | x |
| 2018-12-31 | $0.05 | $0.00 | x |
| 2019-12-31 | $0.02 | $0.00 | x |
| 2020-12-31 | $0.01 | $0.00 | x |
| 2021-12-31 | $0.01 | $0.00 | x |
| 2022-12-31 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glen Eagle 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): -91.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -93.45%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 5.22x
- Recent ROE (-91.78%) is above the historical average (-108.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -309.10% | 0.00% | 0.00x | 1.33x | $-4.12 Million |
| 2002 | -30.54% | 0.00% | 0.00x | 1.53x | $-614.02K |
| 2003 | -104.35% | -5954742.86% | 0.00x | 1.58x | $-1.37 Million |
| 2004 | -283.78% | -2215347.50% | 0.00x | 1.73x | $-917.37K |
| 2005 | -8.88% | 0.00% | 0.00x | 1.26x | $-54.15K |
| 2006 | -121.11% | 0.00% | 0.00x | 1.06x | $-559.77K |
| 2007 | -54.47% | 0.00% | 0.00x | 1.07x | $-356.26K |
| 2008 | -818.15% | -13402.42% | 0.04x | 1.53x | $-772.33K |
| 2009 | 0.00% | -1230042.22% | 0.00x | 0.00x | $-536.30K |
| 2010 | 41.01% | 73734.24% | 0.00x | 1.09x | $288.24K |
| 2011 | -17.46% | 0.00% | 0.00x | 1.18x | $-1.09 Million |
| 2012 | 3.00% | 0.00% | 0.00x | 1.04x | $-323.39K |
| 2013 | -14.96% | 0.00% | 0.00x | 1.04x | $-1.18 Million |
| 2014 | -16.74% | 0.00% | 0.00x | 1.09x | $-1.38 Million |
| 2015 | -52.54% | 0.00% | 0.00x | 1.46x | $-2.61 Million |
| 2016 | 13.43% | 0.00% | 0.00x | 1.10x | $184.63K |
| 2017 | -27.96% | -98.65% | 0.24x | 1.17x | $-1.68 Million |
| 2018 | -14.17% | -27.82% | 0.40x | 1.29x | $-1.00 Million |
| 2019 | -60.85% | -49.98% | 0.58x | 2.08x | $-1.22 Million |
| 2020 | -151.48% | -211.90% | 0.23x | 3.06x | $-1.76 Million |
| 2021 | -261.13% | -664.10% | 0.12x | 3.23x | $-2.88 Million |
| 2022 | -91.78% | -93.45% | 0.19x | 5.22x | $-921.54K |
Industry Comparison
This section compares Glen Eagle Resources 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 |
|---|---|---|---|---|
| Glen Eagle Resources Inc (GERFF) | $-952.83K | -309.10% | N/A | $13.01K |
| 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 |