Northern Lights Resources Corp
Northern Lights Resources Corp. engages in the acquisition, evaluation, and exploration of mineral resource properties in the United States. The company explores for copper, gold, silver, zinc, and lead deposits. It holds a 100% interest in the Secret Pass Gold project covering an area of 868 hectares located in northwestern Arizona; the Horetzky Copper Project covering an area of 5057 hectares l… Read more
Northern Lights Resources Corp (NLRCF) - Net Assets
Latest net assets as of October 2025: $235.00K USD
Based on the latest financial reports, Northern Lights Resources Corp (NLRCF) has net assets worth $235.00K USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.27 Million) and total liabilities ($1.03 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 | $235.00K |
| % of Total Assets | 18.56% |
| Annual Growth Rate | N/A |
| 5-Year Change | -104.9% |
| 10-Year Change | N/A |
| Growth Volatility | 130.83 |
Northern Lights Resources Corp - Net Assets Trend (2011–2025)
This chart illustrates how Northern Lights Resources 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 Northern Lights Resources Corp (2011–2025)
The table below shows the annual net assets of Northern Lights Resources Corp from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $-97.02K | -106.07% |
| 2024-04-30 | $1.60 Million | -30.34% |
| 2023-04-30 | $2.30 Million | +36.80% |
| 2022-04-30 | $1.68 Million | -15.25% |
| 2021-04-30 | $1.98 Million | +227.68% |
| 2020-04-30 | $604.48K | +247.02% |
| 2019-04-30 | $174.19K | +3805.36% |
| 2018-04-30 | $-4.70K | +99.49% |
| 2017-04-30 | $-926.11K | -8.67% |
| 2016-04-30 | $-852.25K | -18.69% |
| 2015-04-30 | $-718.05K | -12.22% |
| 2014-04-30 | $-639.84K | -32.53% |
| 2013-04-30 | $-482.79K | -128.93% |
| 2012-04-30 | $1.67 Million | -5.84% |
| 2011-04-30 | $1.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Northern Lights Resources 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 1024154900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.52 Million | % |
| Other Comprehensive Income | $1.31 Million | % |
| Total Equity | $-97.02K | 100.00% |
Northern Lights Resources Corp Competitors by Market Cap
The table below lists competitors of Northern Lights Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Encision Inc
PINK:ECIA
|
$1.54 Million |
|
Rare Earth Magnesium Technology Group Holdings Limited
STU:GPS
|
$1.54 Million |
|
True North Gems Inc
PINK:TNGMF
|
$1.54 Million |
|
Union Pioneer Public Company Limited
BK:UPF
|
$1.54 Million |
|
Shaniv
TA:SHAN
|
$1.54 Million |
|
Electroarges S
RO:ELGS
|
$1.54 Million |
|
Haute Capital Partners AG
SW:HAUTE
|
$1.54 Million |
|
YGL Convergence Bhd
KLSE:0086
|
$1.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northern Lights Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,599,553 to -97,015, a change of -1,696,568 (-106.1%).
- Net loss of 1,926,938 reduced equity.
- New share issuances of 100,000 increased equity.
- Other comprehensive income increased equity by 95,370.
- Other factors increased equity by 35,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.93 Million | -1986.23% |
| Share Issuances | $100.00K | +103.08% |
| Other Comprehensive Income | $95.37K | +98.3% |
| Other Changes | $35.00K | +36.08% |
| Total Change | $- | -106.07% |
Book Value vs Market Value Analysis
This analysis compares Northern Lights Resources 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 |
|---|---|---|---|
| 2011-04-30 | $0.85 | $0.02 | x |
| 2012-04-30 | $0.73 | $0.02 | x |
| 2013-04-30 | $-0.19 | $0.02 | x |
| 2014-04-30 | $-0.24 | $0.02 | x |
| 2015-04-30 | $-0.27 | $0.02 | x |
| 2016-04-30 | $-0.32 | $0.02 | x |
| 2017-04-30 | $-0.35 | $0.02 | x |
| 2018-04-30 | $0.00 | $0.02 | x |
| 2019-04-30 | $0.04 | $0.02 | x |
| 2020-04-30 | $0.12 | $0.02 | x |
| 2021-04-30 | $0.21 | $0.02 | x |
| 2022-04-30 | $0.14 | $0.02 | x |
| 2023-04-30 | $0.08 | $0.02 | x |
| 2024-04-30 | $0.03 | $0.02 | x |
| 2025-04-30 | $0.00 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northern Lights Resources 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 (-65.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -3.80% | 0.00% | 0.00x | 1.19x | $-244.52K |
| 2012 | -6.17% | 0.00% | 0.00x | 1.27x | $-269.89K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.46 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-93.02K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.40K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-48.78K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $18.75K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-368.70K |
| 2019 | -713.40% | 0.00% | 0.00x | 1.84x | $-1.26 Million |
| 2020 | -71.14% | 0.00% | 0.00x | 1.61x | $-490.45K |
| 2021 | -46.29% | 0.00% | 0.00x | 1.07x | $-1.11 Million |
| 2022 | -69.20% | 0.00% | 0.00x | 1.63x | $-1.33 Million |
| 2023 | -7.23% | 0.00% | 0.00x | 1.63x | $-395.63K |
| 2024 | -60.77% | 0.00% | 0.00x | 1.63x | $-1.13 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.92 Million |
Industry Comparison
This section compares Northern Lights Resources 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 |
|---|---|---|---|---|
| Northern Lights Resources Corp (NLRCF) | $235.00K | -3.80% | 4.39x | $1.54 Million |
| 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 |