Guskin Gold Corp
Guskin Gold Corp. focuses on identifying, assessing, and vetting various gold and mineral properties in Africa. It primarily explores for gold deposits. Guskin Gold Corp. is headquartered in Santa Clara, California.
Guskin Gold Corp (GKIN) - Net Assets
Latest net assets as of March 2024: $-2.39 Million USD
Based on the latest financial reports, Guskin Gold Corp (GKIN) has net assets worth $-2.39 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($168.97K) and total liabilities ($2.56 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 | $-2.39 Million |
| % of Total Assets | -1415.98% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 45631.29 |
Guskin Gold Corp - Net Assets Trend (2010–2023)
This chart illustrates how Guskin Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guskin Gold Corp (2010–2023)
The table below shows the annual net assets of Guskin Gold Corp from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $-2.57 Million | +44.33% |
| 2022-09-30 | $-4.62 Million | +60.48% |
| 2021-09-30 | $-11.68 Million | -426.67% |
| 2020-09-30 | $-2.22 Million | -8420.84% |
| 2019-09-30 | $-26.02K | -916.60% |
| 2018-09-30 | $-2.56K | -101.05% |
| 2017-09-30 | $243.69K | +116.84% |
| 2015-09-30 | $-1.45 Million | -69.39% |
| 2013-09-30 | $-854.47K | -206.07% |
| 2012-09-30 | $-279.18K | -456.18% |
| 2011-09-30 | $-50.20K | -91363.64% |
| 2010-09-30 | $55.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guskin Gold Corp'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 455027200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $47.99K | % |
| Other Components | $1.95 Million | % |
| Total Equity | $-2.57 Million | 100.00% |
Guskin Gold Corp Competitors by Market Cap
The table below lists competitors of Guskin Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rupert's Crossing Capital Inc.
V:RUCC-P
|
$974.77 |
|
PHARMAUST (ECQ.SG)
STU:ECQ
|
$975.09 |
|
Eros Media World Plc
OTCGREY:EMWPF
|
$975.52 |
|
Chill N Out Cryotherapy Inc
PINK:CHNO
|
$975.94 |
|
One Media iP Group Plc
LSE:OMIP
|
$974.35 |
|
Madinet Masr For Housing and Development
EGX:MASR
|
$974.25 |
|
INDOSAT -B-
MU:IDO1
|
$973.64 |
|
Northamber PLC
LSE:NAR
|
$973.18 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guskin Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -4,615,240 to -2,569,438, a change of 2,045,802.
- Net income of 1,985,803 contributed positively to equity growth.
- Other factors increased equity by 59,999.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.99 Million | +77.29% |
| Other Changes | $60.00K | +2.34% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Guskin Gold Corp'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 |
|---|---|---|---|
| 2010-09-30 | $0.00 | $0.00 | x |
| 2011-09-30 | $-0.46 | $0.00 | x |
| 2012-09-30 | $-2.53 | $0.00 | x |
| 2013-09-30 | $-7.73 | $0.00 | x |
| 2015-09-30 | $-13.01 | $0.00 | x |
| 2017-09-30 | $-0.57 | $0.00 | x |
| 2018-09-30 | $0.00 | $0.00 | x |
| 2019-09-30 | $-0.03 | $0.00 | x |
| 2020-09-30 | $-0.08 | $0.00 | x |
| 2021-09-30 | $-0.28 | $0.00 | x |
| 2022-09-30 | $-0.09 | $0.00 | x |
| 2023-09-30 | $-0.05 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guskin Gold Corp 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 (-1999.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -23990.91% | -69.72% | 26.10x | 13.18x | $-13.20K |
| 2011 | 0.00% | -191.36% | 25.15x | 0.00x | $-52.98K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-201.06K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-47.35K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-163.56K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-207.44K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-148.31K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-55.92K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $150.60K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.24 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $7.39 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $2.24 Million |
Industry Comparison
This section compares Guskin Gold Corp'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 |
|---|---|---|---|---|
| Guskin Gold Corp (GKIN) | $-2.39 Million | -23990.91% | N/A | $974.49 |
| 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 |