Goldrich Mining Co
Goldrich Mining Company, an exploration stage company, acquires and explores for mineral properties in the Americas. The company primarily explores for gold and associated base, and precious metals. Its flagship property is the Chandalar property consisting of 426.5 acres as twenty-one federal lode claims, one patented federal placer claim, and one patented federal mill site and 22,432 acres of u… Read more
Goldrich Mining Co (GRMC) - Net Assets
Latest net assets as of September 2023: $-12.16 Million USD
Based on the latest financial reports, Goldrich Mining Co (GRMC) has net assets worth $-12.16 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($688.75K) and total liabilities ($12.85 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 | $-12.16 Million |
| % of Total Assets | -1766.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 215.03 |
Goldrich Mining Co - Net Assets Trend (2001–2023)
This chart illustrates how Goldrich Mining Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Goldrich Mining Co (2001–2023)
The table below shows the annual net assets of Goldrich Mining Co from 2001 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-11.21 Million | -8.96% |
| 2022-12-31 | $-10.29 Million | 0.00% |
| 2021-12-31 | $-10.29 Million | -15.84% |
| 2020-12-31 | $-8.88 Million | -20.72% |
| 2019-12-31 | $-7.36 Million | -52.40% |
| 2018-12-31 | $-4.83 Million | -242.04% |
| 2017-12-31 | $-1.41 Million | -60.96% |
| 2016-12-31 | $-877.18K | -36.23% |
| 2015-12-31 | $-643.88K | +48.12% |
| 2014-12-31 | $-1.24 Million | -18.93% |
| 2013-12-31 | $-1.04 Million | -225.71% |
| 2012-12-31 | $830.06K | -63.73% |
| 2011-12-31 | $2.29 Million | +1140.37% |
| 2010-12-31 | $-219.99K | -208.26% |
| 2009-12-31 | $203.21K | -27.53% |
| 2008-12-31 | $280.41K | -85.61% |
| 2007-12-31 | $1.95 Million | -48.16% |
| 2006-12-31 | $3.76 Million | +541.85% |
| 2005-12-31 | $585.70K | +109.35% |
| 2004-12-31 | $279.77K | +44.11% |
| 2003-12-31 | $194.14K | +538.84% |
| 2002-12-31 | $-44.24K | -38.24% |
| 2001-12-31 | $-32.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goldrich Mining Co'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 3924395300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.54 Million | % |
| Other Comprehensive Income | $-30.62 Billion | % |
| Other Components | $30.63 Billion | % |
| Total Equity | $-11.21 Million | 100.00% |
Goldrich Mining Co Competitors by Market Cap
The table below lists competitors of Goldrich Mining Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OL GROUPE (XXT.SG)
STU:XXT
|
$17.90K |
|
Direct Capital Investments Ltd
TA:DCI
|
$17.91K |
|
MPL Verbum S.A.
WAR:VER
|
$17.93K |
|
Cash.Medien AG
HM:MF8
|
$17.93K |
|
SANDS CHINA 144A/S (599A.SG)
STU:599A
|
$17.88K |
|
NEXUS SELECT TRUST (PROPOSED)
NSE:NXST
|
$17.86K |
|
Kistos PLC
LSE:KIST
|
$17.85K |
|
Dongbang Transport Logistics Co. Ltd.
KQ:004140
|
$17.83K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goldrich Mining Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -10,291,963 to -11,214,436, a change of -922,473.
- Net loss of 1,056,000 reduced equity.
- Other comprehensive income decreased equity by 30,618,000,000.
- Other factors increased equity by 30,618,133,527.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.06 Million | -9.42% |
| Other Comprehensive Income | $-30.62 Billion | -273023.09% |
| Other Changes | $30.62 Billion | +273024.28% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Goldrich Mining Co'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 |
|---|---|---|---|
| 2002-12-31 | $-0.01 | $0.00 | x |
| 2003-12-31 | $0.02 | $0.00 | x |
| 2004-12-31 | $0.02 | $0.00 | x |
| 2005-12-31 | $0.03 | $0.00 | x |
| 2006-12-31 | $0.15 | $0.00 | x |
| 2007-12-31 | $0.06 | $0.00 | x |
| 2008-12-31 | $0.01 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.03 | $0.00 | x |
| 2012-12-31 | $0.01 | $0.00 | x |
| 2013-12-31 | $-0.01 | $0.00 | x |
| 2014-12-31 | $-0.01 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $-0.01 | $0.00 | x |
| 2017-12-31 | $-0.01 | $0.00 | x |
| 2018-12-31 | $-0.04 | $0.00 | x |
| 2019-12-31 | $-0.05 | $0.00 | x |
| 2020-12-31 | $-0.06 | $0.00 | x |
| 2021-12-31 | $-0.06 | $0.00 | x |
| 2022-12-31 | $-0.06 | $0.00 | x |
| 2023-12-31 | $-0.06 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goldrich Mining Co 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 (-136.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.27K |
| 2003 | -114.24% | -3824.31% | 0.01x | 2.18x | $-241.19K |
| 2004 | -197.66% | 0.00% | 0.00x | 1.31x | $-580.98K |
| 2005 | -65.90% | 0.00% | 0.00x | 2.32x | $-444.57K |
| 2006 | -53.31% | 0.00% | 0.00x | 1.31x | $-2.38 Million |
| 2007 | -212.58% | 0.00% | 0.00x | 1.67x | $-4.34 Million |
| 2008 | -1133.71% | -797.24% | 0.26x | 5.39x | $-3.21 Million |
| 2009 | -745.55% | -249.79% | 0.35x | 8.45x | $-1.54 Million |
| 2010 | 0.00% | -124.79% | 0.55x | 0.00x | $-2.35 Million |
| 2011 | -266.87% | 0.00% | 0.00x | 1.46x | $-6.34 Million |
| 2012 | -222.63% | 0.00% | 0.00x | 2.00x | $-1.93 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.84 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.83 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $114.55K |
| 2016 | 0.00% | -1085.08% | 0.09x | 0.00x | $-645.58K |
| 2017 | 0.00% | -441.10% | 0.15x | 0.00x | $-823.81K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.30 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.87 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.28 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.59 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.59 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $65.44K |
Industry Comparison
This section compares Goldrich Mining Co'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 |
|---|---|---|---|---|
| Goldrich Mining Co (GRMC) | $-12.16 Million | 0.00% | N/A | $17.89K |
| 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 |