Gryphon Gold Corporation
Gryphon Gold Corporation engages in the acquisition, exploration, and development of gold properties primarily in Nevada, the United States. The company, through its wholly owned subsidiary, Borealis Mining Company, principally holds interest in the Borealis gold project that comprises 751 unpatented mining claims with an area of approximately 15,020 acres and 1 unpatented millsite claim with an … Read more
Gryphon Gold Corporation (GYPHQ) - Net Assets
Latest net assets as of December 2012: $8.28 Million USD
Based on the latest financial reports, Gryphon Gold Corporation (GYPHQ) has net assets worth $8.28 Million USD as of December 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($43.21 Million) and total liabilities ($34.93 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 | $8.28 Million |
| % of Total Assets | 19.17% |
| Annual Growth Rate | 29.98% |
| 5-Year Change | -7.26% |
| 10-Year Change | N/A |
| Growth Volatility | 97.74 |
Gryphon Gold Corporation - Net Assets Trend (2004–2012)
This chart illustrates how Gryphon Gold Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gryphon Gold Corporation (2004–2012)
The table below shows the annual net assets of Gryphon Gold Corporation from 2004 to 2012.
| Year | Net Assets | Change |
|---|---|---|
| 2012-03-31 | $11.24 Million | +194.75% |
| 2011-03-31 | $3.81 Million | -14.69% |
| 2010-03-31 | $4.47 Million | +66.43% |
| 2009-03-31 | $2.68 Million | -77.84% |
| 2008-03-31 | $12.12 Million | +39.01% |
| 2007-03-31 | $8.72 Million | -16.72% |
| 2006-03-31 | $10.47 Million | +196.26% |
| 2005-03-31 | $3.53 Million | +156.18% |
| 2004-03-31 | $1.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gryphon Gold Corporation'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 4307217300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2012)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $194.10K | 1.73% |
| Other Components | $54.11 Million | 481.60% |
| Total Equity | $11.24 Million | 100.00% |
Gryphon Gold Corporation Competitors by Market Cap
The table below lists competitors of Gryphon Gold Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lizhan Environmental Corporation
PINK:LZENF
|
$0.91 |
|
Jaco Electronics Inc
PINK:JACO
|
$0.91 |
|
Redwood Group Intl
PINK:RDWD
|
$0.91 |
|
EGPI Firecreek Inc
PINK:EFIR
|
$0.91 |
|
Strategy International Insurance Group Inc
PINK:SGYI
|
$0.91 |
|
Yora International Inc
OTCGREY:YORI
|
$0.91 |
|
Encompass Holdings Inc
PINK:ECMH
|
$0.91 |
|
Calcol Inc
PINK:CLCL
|
$0.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gryphon Gold Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2011 to 2012, total equity changed from 3,812,135 to 11,236,368, a change of 7,424,233 (194.8%).
- Net loss of 5,121,372 reduced equity.
- Share repurchases of 55,191,579 reduced equity.
- Other factors increased equity by 67,737,184.
Equity Change Factors (2011 to 2012)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.12 Million | -45.58% |
| Share Repurchases | $55.19 Million | -491.19% |
| Other Changes | $67.74 Million | +602.84% |
| Total Change | $- | 194.75% |
Book Value vs Market Value Analysis
This analysis compares Gryphon Gold Corporation'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: 0.00x
- 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 |
|---|---|---|---|
| 2012-03-31 | $0.06 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gryphon Gold Corporation 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): -45.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -187.06%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.69x
- Recent ROE (-45.58%) is above the historical average (-59.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | 0.00% | 0.00x | 1.15x | $-137.89K |
| 2005 | 0.00% | 0.00% | 0.00x | 1.41x | $-353.26K |
| 2006 | 0.00% | 0.00% | 0.00x | 1.12x | $-1.05 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 1.10x | $-871.59K |
| 2008 | 0.00% | 0.00% | 0.00x | 1.42x | $-1.21 Million |
| 2009 | -370.34% | 0.00% | 0.00x | 2.95x | $-10.21 Million |
| 2010 | -51.84% | 0.00% | 0.00x | 1.73x | $-2.76 Million |
| 2011 | -72.08% | 0.00% | 0.00x | 1.12x | $-3.13 Million |
| 2012 | -45.58% | -187.06% | 0.09x | 2.69x | $-6.25 Million |
Industry Comparison
This section compares Gryphon Gold Corporation'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 |
|---|---|---|---|---|
| Gryphon Gold Corporation (GYPHQ) | $8.28 Million | 0.00% | 4.22x | $0.91 |
| 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 |