ZAUIF
Zodiac Gold Inc. engages in the acquisition, exploration, and development of mineral property in Canada. It primarily explores for gold, iron ore, and base metals. The company's flagship project is the 100% owned Todi gold project covering a total area of 2,316 square kilometers in Todi Shear Zone, Liberia. Zodiac Gold Inc. is based in Vancouver, Canada.
ZAUIF (ZAUIF) - Net Assets
Latest net assets as of December 2023: $-1.36 Million USD
Based on the latest financial reports, ZAUIF (ZAUIF) has net assets worth $-1.36 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($240.38K) and total liabilities ($1.60 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 | $-1.36 Million |
| % of Total Assets | -565.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ZAUIF - Net Assets Trend (2022–2023)
This chart illustrates how ZAUIF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ZAUIF (2022–2023)
The table below shows the annual net assets of ZAUIF from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | $-998.11K | -108.80% |
| 2022-03-31 | $-478.02K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ZAUIF'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 141261500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $8.32 Million | % |
| Total Equity | $-998.11K | 100.00% |
ZAUIF Competitors by Market Cap
The table below lists competitors of ZAUIF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chiangmai Frozen Foods Public Company Limited
BK:CM
|
$6.04 Million |
|
Panostaja Oyj
HE:PNA1V
|
$6.05 Million |
|
Tenet Fintech Group Inc
PINK:PKKFF
|
$6.05 Million |
|
Maggie Beer Holdings Ltd
AU:MBH
|
$6.05 Million |
|
SUBSTRATE ART.INTEL. -10
F:U8S
|
$6.04 Million |
|
FMS Enterprises Migun Ltd
TA:FBRT
|
$6.04 Million |
|
"Clip Money Inc."
V:CLIP
|
$6.04 Million |
|
KD Chem Co. Ltd
KQ:221980
|
$6.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZAUIF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -478,017 to -998,107, a change of -520,090.
- Net loss of 1,412,615 reduced equity.
- New share issuances of 667,475 increased equity.
- Other factors increased equity by 225,050.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.41 Million | -141.53% |
| Share Issuances | $667.48K | +66.87% |
| Other Changes | $225.05K | +22.55% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ZAUIF'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 |
|---|---|---|---|
| 2022-03-31 | $-0.01 | $0.06 | x |
| 2023-03-31 | $-0.01 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZAUIF 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 below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.74 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.31 Million |
Industry Comparison
This section compares ZAUIF's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $64,325,376
- Average return on equity (ROE) among peers: -10.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZAUIF (ZAUIF) | $-1.36 Million | 0.00% | N/A | $6.04 Million |
| Almadex Minerals Ltd (AAMMF) | $12.07 Million | -62.71% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $-384.17K | 0.00% | 0.00x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $34.66 Million | 7.00% | 0.43x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $9.11 Million | -8.65% | 0.10x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $725.00K | -10.41% | 0.01x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $148.06 Million | -5.06% | 0.90x | $105.35 Billion |
| Affinity Gold Corp (AFYG) | $-7.09K | 0.00% | 0.00x | $4.68K |
| Andes Gold Corp (AGCZ) | $6.95 Million | 13.98% | 0.15x | $0.97 |
| Antioquia Gold Inc (AGDXF) | $15.76 Million | -15.80% | 0.03x | $1.44 Million |