Dixie Gold Inc
Dixie Gold Inc. engages in the acquisition, exploration, and development of mineral resource properties in Canada. It primarily explores for gold deposits. The company's principal project is the Red Lake gold project, which consists of 1241 mining claims covering an area of approximately 25,269 hectares located in the southeast of Red Lake, Ontario. The company was formerly known as Clean Commodi… Read more
Dixie Gold Inc (YWRLF) - Net Assets
Latest net assets as of June 2025: $759.79K USD
Based on the latest financial reports, Dixie Gold Inc (YWRLF) has net assets worth $759.79K USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($767.86K) and total liabilities ($8.07K). 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 | $759.79K |
| % of Total Assets | 98.95% |
| Annual Growth Rate | -12.57% |
| 5-Year Change | -54.0% |
| 10-Year Change | -36.43% |
| Growth Volatility | 36.62 |
Dixie Gold Inc - Net Assets Trend (2011–2024)
This chart illustrates how Dixie 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 Dixie Gold Inc (2011–2024)
The table below shows the annual net assets of Dixie Gold Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $869.07K | -39.65% |
| 2023-12-31 | $1.44 Million | -1.73% |
| 2022-12-31 | $1.47 Million | -16.28% |
| 2021-12-31 | $1.75 Million | -7.35% |
| 2020-12-31 | $1.89 Million | -13.17% |
| 2019-12-31 | $2.18 Million | -29.66% |
| 2018-12-31 | $3.09 Million | -18.23% |
| 2017-12-31 | $3.78 Million | +61.27% |
| 2016-12-31 | $2.35 Million | +71.58% |
| 2015-12-31 | $1.37 Million | -73.79% |
| 2014-12-31 | $5.22 Million | -6.22% |
| 2013-12-31 | $5.56 Million | +2.59% |
| 2012-12-31 | $5.42 Million | +8.83% |
| 2011-12-31 | $4.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dixie 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 1133677500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.71 Million | 1232.10% |
| Other Comprehensive Income | $1.55 Million | 178.15% |
| Total Equity | $869.07K | 100.00% |
Dixie Gold Inc Competitors by Market Cap
The table below lists competitors of Dixie Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Argus SA
RO:UARG
|
$1.05 Million |
|
Cyber Security 1 AB
ST:CYB1
|
$1.05 Million |
|
Omega Therapeutics Inc
NASDAQ:OMGA
|
$1.05 Million |
|
Argeo AS
OL:ARGEO
|
$1.05 Million |
|
KBC GR (KDB.SG)
STU:KDB
|
$1.05 Million |
|
Sentral Mitra Informatika Tbk PT
JK:LUCK
|
$1.05 Million |
|
Inter-Delta Tbk
JK:INTD
|
$1.05 Million |
|
Choheung Corp.
KQ:002600
|
$1.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dixie Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,440,096 to 869,074, a change of -571,022 (-39.7%).
- Net loss of 941,965 reduced equity.
- New share issuances of 300,000 increased equity.
- Other comprehensive income increased equity by 70,943.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-941.97K | -108.39% |
| Share Issuances | $300.00K | +34.52% |
| Other Comprehensive Income | $70.94K | +8.16% |
| Total Change | $- | -39.65% |
Book Value vs Market Value Analysis
This analysis compares Dixie 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
- Current price-to-book ratio: 1.92x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.03x to 1.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $1.86 | $0.06 | x |
| 2012-12-31 | $0.14 | $0.06 | x |
| 2013-12-31 | $0.13 | $0.06 | x |
| 2014-12-31 | $0.11 | $0.06 | x |
| 2015-12-31 | $0.03 | $0.06 | x |
| 2016-12-31 | $0.04 | $0.06 | x |
| 2017-12-31 | $0.05 | $0.06 | x |
| 2018-12-31 | $0.12 | $0.06 | x |
| 2019-12-31 | $0.08 | $0.06 | x |
| 2020-12-31 | $0.07 | $0.06 | x |
| 2021-12-31 | $0.07 | $0.06 | x |
| 2022-12-31 | $0.06 | $0.06 | x |
| 2023-12-31 | $0.06 | $0.06 | x |
| 2024-12-31 | $0.03 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dixie 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): -108.39%
- 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: 1.03x
- Recent ROE (-108.39%) is below the historical average (-43.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -1.01% | 0.00% | 0.00x | 1.01x | $-548.38K |
| 2012 | -11.58% | 0.00% | 0.00x | 1.01x | $-1.17 Million |
| 2013 | -10.30% | 0.00% | 0.00x | 1.01x | $-1.13 Million |
| 2014 | -24.83% | 0.00% | 0.00x | 1.01x | $-1.82 Million |
| 2015 | -285.78% | 0.00% | 0.00x | 1.03x | $-4.04 Million |
| 2016 | -30.19% | 0.00% | 0.00x | 1.02x | $-942.79K |
| 2017 | -12.85% | 0.00% | 0.00x | 1.03x | $-864.47K |
| 2018 | -29.04% | 0.00% | 0.00x | 1.01x | $-1.21 Million |
| 2019 | -46.95% | 0.00% | 0.00x | 1.02x | $-1.24 Million |
| 2020 | -15.97% | 0.00% | 0.00x | 1.01x | $-490.57K |
| 2021 | -7.93% | 0.00% | 0.00x | 1.08x | $-313.80K |
| 2022 | -19.44% | 0.00% | 0.00x | 1.01x | $-431.45K |
| 2023 | -1.76% | 0.00% | 0.00x | 1.01x | $-169.40K |
| 2024 | -108.39% | 0.00% | 0.00x | 1.03x | $-1.03 Million |
Industry Comparison
This section compares Dixie Gold Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dixie Gold Inc (YWRLF) | $759.79K | -1.01% | 0.01x | $1.05 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |