Winston Gold Corp
Winston Gold Corp., a junior mining company, engages in the exploration of mining claims. The company explores for gold and silver deposits. It owns interests in the Holmes property with 5 unpatented claims, as well as Winston property with 13 patented claims covering an area of 205 acres located in Montana, the United States. The company was formerly known as Winston Gold Mining Corp. and change… Read more
Winston Gold Corp (WGMCF) - Net Assets
Latest net assets as of September 2022: $-7.78 Million USD
Based on the latest financial reports, Winston Gold Corp (WGMCF) has net assets worth $-7.78 Million USD as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.56 Million) and total liabilities ($9.34 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 | $-7.78 Million |
| % of Total Assets | -497.24% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 409.61 |
Winston Gold Corp - Net Assets Trend (2013–2021)
This chart illustrates how Winston 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 Winston Gold Corp (2013–2021)
The table below shows the annual net assets of Winston Gold Corp from 2013 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-4.61 Million | -983.46% |
| 2020-12-31 | $522.29K | +130.78% |
| 2019-12-31 | $-1.70 Million | -19.12% |
| 2018-12-31 | $-1.42 Million | -39.78% |
| 2017-12-31 | $-1.02 Million | -164.23% |
| 2016-12-31 | $1.59 Million | +567.33% |
| 2015-12-31 | $-339.50K | -71.54% |
| 2014-12-31 | $-197.91K | -3337.73% |
| 2013-12-31 | $-5.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Winston 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 5469899900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $35.47 Million | % |
| Other Comprehensive Income | $-160.38K | % |
| Other Components | $14.78 Million | % |
| Total Equity | $-4.61 Million | 100.00% |
Winston Gold Corp Competitors by Market Cap
The table below lists competitors of Winston Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Winamp Group SA
PA:ALPET
|
$44.57K |
|
Dividend Select 15 Corp
PINK:DVVDF
|
$44.57K |
|
Justem Co. Ltd.
KO:417840
|
$44.59K |
|
BOC HONG KONG
MU:BOF
|
$44.65K |
|
Great Elm Capital Corp
NASDAQ:GECC
|
$44.55K |
|
LIBERTY INACT-A
MU:LB3A
|
$44.55K |
|
DIVIDEND 15 SPLIT A CD 15
F:641
|
$44.55K |
|
CDA SA
WAR:CDA
|
$44.52K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Winston Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 522,286 to -4,614,171, a change of -5,136,457 (-983.5%).
- Net loss of 14,104,332 reduced equity.
- New share issuances of 6,594,153 increased equity.
- Other comprehensive income decreased equity by 45,166.
- Other factors increased equity by 2,418,888.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.10 Million | -305.67% |
| Share Issuances | $6.59 Million | +142.91% |
| Other Comprehensive Income | $-45.17K | -0.98% |
| Other Changes | $2.42 Million | +52.42% |
| Total Change | $- | -983.46% |
Book Value vs Market Value Analysis
This analysis compares Winston 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $-0.05 | $0.00 | x |
| 2015-12-31 | $-0.02 | $0.00 | x |
| 2016-12-31 | $0.04 | $0.00 | x |
| 2017-12-31 | $-0.01 | $0.00 | x |
| 2018-12-31 | $-0.01 | $0.00 | x |
| 2019-12-31 | $-0.01 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Winston 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): 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 (-404.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.71K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-789.86K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-249.94K |
| 2016 | -1102.28% | -16914.45% | 0.05x | 1.21x | $-17.65 Million |
| 2017 | 0.00% | -8434.56% | 0.06x | 0.00x | $-3.45 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.64 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.41 Million |
| 2020 | -2539.62% | 0.00% | 0.00x | 7.61x | $-13.32 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.64 Million |
Industry Comparison
This section compares Winston Gold 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 |
|---|---|---|---|---|
| Winston Gold Corp (WGMCF) | $-7.78 Million | 0.00% | N/A | $44.57K |
| 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 |