Marvel Gold Limited
Marvel Gold Limited engages in the acquisition, exploration, and development of gold projects in Mali. The company holds 100% interests in the Yanfolila project covering an area of 200 square kilometers located in southern Mali; and the Kolondieba gold project covering an area of 200 square kilometers located in southern Mali. It also holds 70% interest in the Tabakorole gold project, which consi… Read more
Marvel Gold Limited (GRXMF) - Net Assets
Latest net assets as of June 2025: $2.75 Million USD
Based on the latest financial reports, Marvel Gold Limited (GRXMF) has net assets worth $2.75 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.21 Million) and total liabilities ($453.36K). 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 | $2.75 Million |
| % of Total Assets | 85.87% |
| Annual Growth Rate | -12.99% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 706.59 |
Marvel Gold Limited - Net Assets Trend (2015–2024)
This chart illustrates how Marvel Gold Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Marvel Gold Limited (2015–2024)
The table below shows the annual net assets of Marvel Gold Limited from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.93 Million | -57.31% |
| 2023-12-31 | $6.87 Million | -41.91% |
| 2022-12-31 | $11.83 Million | -21.45% |
| 2021-12-31 | $15.06 Million | +4215.56% |
| 2020-12-31 | $-365.81K | +90.80% |
| 2019-12-31 | $-3.98 Million | -2058.16% |
| 2018-12-31 | $203.04K | -96.99% |
| 2017-12-31 | $6.74 Million | +15.16% |
| 2016-12-31 | $5.85 Million | -42.97% |
| 2015-12-31 | $10.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marvel Gold Limited'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 3842682700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $42.78 Million | 1402.75% |
| Other Comprehensive Income | $74.72K | 2.45% |
| Total Equity | $3.05 Million | 100.00% |
Marvel Gold Limited Competitors by Market Cap
The table below lists competitors of Marvel Gold Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GBLT Corp
PINK:GBLTF
|
$1.03 Million |
|
France Tourisme Immobilier SA
PA:MLFTI
|
$1.03 Million |
|
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego SA
WAR:KPD
|
$1.03 Million |
|
NorthStar Gaming Holdings Inc.
V:BET
|
$1.03 Million |
|
Navkar Urbanstructure Limited
NSE:NAVKARURB
|
$1.03 Million |
|
BA69
LSE:BA69
|
$1.03 Million |
|
IDTSF
OTCGREY:IDTSF
|
$1.03 Million |
|
Heads UP Ventures Limited
NSE:HEADSUP
|
$1.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marvel Gold Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,940,473 to 3,050,010, a change of -3,890,463 (-56.1%).
- Net loss of 2,311,852 reduced equity.
- Other comprehensive income decreased equity by 878,033.
- Other factors decreased equity by 700,578.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.31 Million | -75.8% |
| Other Comprehensive Income | $-878.03K | -28.79% |
| Other Changes | $-700.58K | -22.97% |
| Total Change | $- | -56.05% |
Book Value vs Market Value Analysis
This analysis compares Marvel Gold Limited'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: 0.40x
- 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.
- The price-to-book ratio has increased from 0.01x to 0.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.20 | $0.00 | x |
| 2016-12-31 | $0.06 | $0.00 | x |
| 2017-12-31 | $0.06 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $-0.02 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.03 | $0.00 | x |
| 2022-12-31 | $0.02 | $0.00 | x |
| 2023-12-31 | $0.01 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marvel Gold Limited 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): -75.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9115.06%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.11x
- Recent ROE (-75.80%) is above the historical average (-422.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -12.24% | -18271.75% | 0.00x | 1.01x | $-2.28 Million |
| 2016 | -79.68% | -9907.26% | 0.01x | 1.09x | $-5.25 Million |
| 2017 | -60.98% | -19208.47% | 0.00x | 1.06x | $-4.78 Million |
| 2018 | -3964.52% | 0.00% | 0.00x | 32.98x | $-8.07 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.09 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.96 Million |
| 2021 | 139.29% | 0.00% | 0.00x | 1.05x | $19.05 Million |
| 2022 | -68.91% | -110792.20% | 0.00x | 1.02x | $-9.40 Million |
| 2023 | -102.08% | -39997.53% | 0.00x | 1.01x | $-7.78 Million |
| 2024 | -75.80% | -9115.06% | 0.01x | 1.11x | $-2.62 Million |
Industry Comparison
This section compares Marvel Gold Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $411,687,235
- Average return on equity (ROE) among peers: -119.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marvel Gold Limited (GRXMF) | $2.75 Million | -12.24% | 0.16x | $1.03 Million |
| Almadex Minerals Ltd (AAMMF) | $5.73 Million | 6.70% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $10.03 Million | -13.48% | 0.17x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $19.90 Million | -2.53% | 0.04x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $65.44K | -173.09% | 0.37x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $413.79K | -494.09% | 0.29x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $3.67 Billion | 9.39% | 0.50x | $98.30 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $-555.77K | 0.00% | 0.00x | $0.94 |
| Antioquia Gold Inc (AGDXF) | $-702.21K | 0.00% | 0.00x | $1.44 Million |