Sage Gold Inc
Sage Gold Inc. engages in the acquisition, exploration, development, and production of mineral properties in Canada. It explores for gold, copper, silver, zinc, and lead deposits. Its primary properties include the Clavos gold project located in the Timmins mining district in Northeastern Ontario; and the Onaman property comprising the Lynx project and the Headway project located in the Beardmore… Read more
Sage Gold Inc (SGGDF) - Net Assets
Latest net assets as of March 2018: $-18.11 Million USD
Based on the latest financial reports, Sage Gold Inc (SGGDF) has net assets worth $-18.11 Million USD as of March 2018.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.09 Million) and total liabilities ($22.21 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 | $-18.11 Million |
| % of Total Assets | -442.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -183.3% |
| Growth Volatility | 91.06 |
Sage Gold Inc - Net Assets Trend (2003–2017)
This chart illustrates how Sage Gold Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sage Gold Inc (2003–2017)
The table below shows the annual net assets of Sage Gold Inc from 2003 to 2017.
| Year | Net Assets | Change |
|---|---|---|
| 2017-12-31 | $-13.98 Million | -1694.91% |
| 2016-12-31 | $-779.04K | +70.23% |
| 2015-12-31 | $-2.62 Million | -0.83% |
| 2014-12-31 | $-2.60 Million | -148.57% |
| 2013-12-31 | $-1.04 Million | -552.18% |
| 2012-12-31 | $-160.10K | -115.18% |
| 2011-12-31 | $1.05 Million | -93.81% |
| 2010-12-31 | $17.02 Million | +2.20% |
| 2009-12-31 | $16.66 Million | -0.77% |
| 2008-12-31 | $16.79 Million | +124.34% |
| 2007-12-31 | $7.48 Million | +68.20% |
| 2006-12-31 | $4.45 Million | +164.41% |
| 2005-12-31 | $1.68 Million | +40.25% |
| 2004-12-31 | $1.20 Million | +635.41% |
| 2003-12-31 | $-224.05K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sage Gold Inc'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 5319092701.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2017)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $29.51 Million | % |
| Other Comprehensive Income | $37.77 Million | % |
| Total Equity | $-13.98 Million | 100.00% |
Sage Gold Inc Competitors by Market Cap
The table below lists competitors of Sage Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Test Security J1
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$10.55K |
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FIRST TRACTOR -H-
MU:FTP
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$10.55K |
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BORYSZEW (BOW.SG)
STU:BOW
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$10.55K |
|
Sinolink Railway Constr
SHG:508008
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$10.56K |
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4BASEBIO UK SOCIETAS
LSE:4BB
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$10.53K |
|
IQ8
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$10.53K |
|
0ZW8
LSE:0ZW8
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$10.53K |
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SWISSPORT TANZANIA LTD
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$10.52K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sage Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2016 to 2017, total equity changed from -779,042 to -13,983,129, a change of -13,204,087.
- Net loss of 13,767,550 reduced equity.
- Other comprehensive income increased equity by 5,904,545.
- Other factors decreased equity by 5,341,081.
Equity Change Factors (2016 to 2017)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.77 Million | -98.46% |
| Other Comprehensive Income | $5.90 Million | +42.23% |
| Other Changes | $-5.34 Million | -38.2% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Sage Gold Inc'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 |
|---|---|---|---|
| 2003-12-31 | $-0.87 | $0.00 | x |
| 2004-12-31 | $17.88 | $0.00 | x |
| 2005-12-31 | $6.56 | $0.00 | x |
| 2006-12-31 | $9.56 | $0.00 | x |
| 2007-12-31 | $12.12 | $0.00 | x |
| 2008-12-31 | $17.45 | $0.00 | x |
| 2009-12-31 | $10.02 | $0.00 | x |
| 2010-12-31 | $8.14 | $0.00 | x |
| 2011-12-31 | $0.34 | $0.00 | x |
| 2012-12-31 | $-0.03 | $0.00 | x |
| 2013-12-31 | $-0.15 | $0.00 | x |
| 2014-12-31 | $-303.84 | $0.00 | x |
| 2015-12-31 | $-0.21 | $0.00 | x |
| 2016-12-31 | $-29.00 | $0.00 | x |
| 2017-12-31 | $-202.52 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sage Gold Inc 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 (-37.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-46.60K |
| 2004 | -62.93% | 0.00% | 0.00x | 1.06x | $-874.87K |
| 2005 | -59.85% | 0.00% | 0.00x | 1.08x | $-1.18 Million |
| 2006 | -26.84% | 0.00% | 0.00x | 1.10x | $-1.64 Million |
| 2007 | -12.38% | 0.00% | 0.00x | 1.04x | $-1.67 Million |
| 2008 | -16.70% | 0.00% | 0.00x | 1.12x | $-4.48 Million |
| 2009 | -30.90% | 0.00% | 0.00x | 1.10x | $-6.81 Million |
| 2010 | -13.58% | 0.00% | 0.00x | 1.11x | $-4.01 Million |
| 2011 | -332.36% | 0.00% | 0.00x | 1.64x | $-3.61 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.32 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.42 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.67 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.34 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.23 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.37 Million |
Industry Comparison
This section compares Sage Gold Inc'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 |
|---|---|---|---|---|
| Sage Gold Inc (SGGDF) | $-18.11 Million | 0.00% | N/A | $10.54K |
| 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 |