Discovery Gold Corp
GRN Holding Corporation does not have significant operations. The company intends to merge with another entity. Previously, it was involved in the gold exploration and development activities. The company was formerly known as Discovery Gold Corporation and changed its name to GRN Holding Corporation in September 2019. GRN Holding Corporation was founded in 2010 and is headquartered in Seattle, Wa… Read more
Discovery Gold Corp (GRNF) - Net Assets
Latest net assets as of July 2024: $1.31 Million USD
Based on the latest financial reports, Discovery Gold Corp (GRNF) has net assets worth $1.31 Million USD as of July 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.36 Million) and total liabilities ($54.07K). 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 | $1.31 Million |
| % of Total Assets | 96.03% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Discovery Gold Corp - Net Assets Trend (2011–2024)
This chart illustrates how Discovery 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 Discovery Gold Corp (2011–2024)
The table below shows the annual net assets of Discovery Gold Corp from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-04-30 | $1.31 Million | -33.00% |
| 2023-04-30 | $1.96 Million | +111446.13% |
| 2022-04-30 | $-1.76K | +98.90% |
| 2021-04-30 | $-160.14K | +58.57% |
| 2020-04-30 | $-386.51K | -80.37% |
| 2019-04-30 | $-214.29K | -140.44% |
| 2018-04-30 | $-89.12K | +67.46% |
| 2017-04-30 | $-273.90K | +0.20% |
| 2012-04-30 | $-274.45K | -776.29% |
| 2011-04-30 | $-31.32K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Discovery 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 2533501100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $34.90K | 2.66% |
| Other Components | $26.62 Million | 2032.08% |
| Total Equity | $1.31 Million | 100.00% |
Discovery Gold Corp Competitors by Market Cap
The table below lists competitors of Discovery Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pineapple Resources Bhd
KLSE:0006
|
$1.58 Million |
|
Cashbil
JSE:CSB
|
$1.58 Million |
|
C.I. Group Public Company Limited
BK:CIG
|
$1.58 Million |
|
Ascot Resources Ltd.
OTCQX:AOTVF
|
$1.58 Million |
|
CINTAS (CIT.SG)
STU:CIT
|
$1.58 Million |
|
Datametrex AI Ltd
V:DM
|
$1.58 Million |
|
Cortus Metals Inc
PINK:CRTTF
|
$1.58 Million |
|
Rollatainers Limited
NSE:ROLLT
|
$1.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Discovery Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,955,239 to 1,309,995, a change of -645,244 (-33.0%).
- Net loss of 56,804 reduced equity.
- Other comprehensive income decreased equity by 2,500.
- Other factors decreased equity by 585,940.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-56.80K | -4.34% |
| Other Comprehensive Income | $-2.50K | -0.19% |
| Other Changes | $-585.94K | -44.73% |
| Total Change | $- | -33.00% |
Book Value vs Market Value Analysis
This analysis compares Discovery 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
- Current price-to-book ratio: 3.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-04-30 | $0.00 | $0.17 | x |
| 2011-04-30 | $-0.01 | $0.17 | x |
| 2012-04-30 | $-0.06 | $0.17 | x |
| 2017-04-30 | $-0.05 | $0.17 | x |
| 2018-04-30 | $-0.02 | $0.17 | x |
| 2019-04-30 | $-0.02 | $0.17 | x |
| 2020-04-30 | $-0.03 | $0.17 | x |
| 2021-04-30 | $-0.01 | $0.17 | x |
| 2022-04-30 | $0.00 | $0.17 | x |
| 2023-04-30 | $0.10 | $0.17 | x |
| 2024-04-30 | $0.05 | $0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Discovery 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): -4.34%
- 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: 1.04x
- Recent ROE (-4.34%) is below the historical average (-0.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.00K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-97.48K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.05 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $38.77K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $8.34K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-103.74K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-397.35K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $14.37K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $158.56K |
| 2023 | -0.26% | -17.85% | 0.01x | 1.03x | $-200.66K |
| 2024 | -4.34% | 0.00% | 0.00x | 1.04x | $-187.80K |
Industry Comparison
This section compares Discovery Gold Corp's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $548,450,613
- Average return on equity (ROE) among peers: -450.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Discovery Gold Corp (GRNF) | $1.31 Million | 0.00% | 0.04x | $1.58 Million |
| Ascend Wellness Holdings Inc (AAWH) | $142.87 Million | -33.75% | 5.44x | $48.90 Million |
| AB Science S.A (ABSCF) | $10.73 Million | -252.65% | 3.71x | $39.89 Million |
| Alterola Biotech Inc (ABTI) | $4.85K | -2005.32% | 0.49x | $603.58K |
| Aurora Cannabis Inc (ACB) | $2.04 Billion | -34.08% | 0.34x | $199.15 Million |
| Acreage Holdings Inc (ACRDF) | $204.27 Million | -30.85% | 1.41x | $13.48K |
| Acura Pharmaceuticals Inc (ACUR) | $7.90 Million | -63.15% | 1.15x | $13.20K |
| Agra Ventures Ltd. (AGFAF) | $1.51 Million | -44.22% | 0.06x | $298.23K |
| Allergy Therapeutics plc (AGYTF) | $2.07 Million | -2084.75% | 31.32x | $25.30 Million |
| Aida Pharmaceuticals Inc (AIDA) | $6.67 Million | 24.51% | 2.78x | $1.80 |
| Adcock Ingram Holdings Limited (AIHLF) | $3.07 Billion | 20.55% | 0.55x | $85.61 Million |