Golden Cross Resources Inc
Golden Cross Resources Inc. engages in the acquisition exploration and development of mineral properties in Canada. It holds interest in the Reedy Creek and Providence gold projects comprising two tenements which covers an area of 445 square kilometres located in Victoria, Australia. The company was formerly known as Zincore Metals Inc. and changed its name to Golden Cross Resources Inc. in April… Read more
Golden Cross Resources Inc (ZCRMF) - Net Assets
Latest net assets as of September 2025: $6.82 Million USD
Based on the latest financial reports, Golden Cross Resources Inc (ZCRMF) has net assets worth $6.82 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.47 Million) and total liabilities ($650.36K). 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 | $6.82 Million |
| % of Total Assets | 91.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 46.85 |
Golden Cross Resources Inc - Net Assets Trend (2005–2024)
This chart illustrates how Golden Cross Resources 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 Golden Cross Resources Inc (2005–2024)
The table below shows the annual net assets of Golden Cross Resources Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-921.37K | +5.72% |
| 2023-12-31 | $-977.25K | +45.94% |
| 2022-12-31 | $-1.81 Million | -3.74% |
| 2021-12-31 | $-1.74 Million | -5.77% |
| 2020-12-31 | $-1.65 Million | -16.59% |
| 2019-12-31 | $-1.41 Million | -17.49% |
| 2018-12-31 | $-1.20 Million | -51.14% |
| 2017-12-31 | $-795.87K | +53.00% |
| 2016-12-31 | $-1.69 Million | -7.10% |
| 2015-12-31 | $-1.58 Million | +11.83% |
| 2014-12-31 | $-1.79 Million | -104.78% |
| 2013-12-31 | $37.49 Million | +4.11% |
| 2012-12-31 | $36.01 Million | +17.82% |
| 2011-12-31 | $30.56 Million | -2.39% |
| 2010-12-31 | $31.31 Million | +57.98% |
| 2009-12-31 | $19.82 Million | +41.55% |
| 2008-12-31 | $14.00 Million | -31.84% |
| 2007-12-31 | $20.54 Million | +11.80% |
| 2006-12-31 | $18.37 Million | +16739.61% |
| 2005-12-31 | $-110.42K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Golden Cross Resources 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 6881472200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $58.41 Million | % |
| Other Comprehensive Income | $9.48 Million | % |
| Total Equity | $-921.37K | 100.00% |
Golden Cross Resources Inc Competitors by Market Cap
The table below lists competitors of Golden Cross Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BHB Brauholding Bayern-Mitte AG
F:B9B
|
$3.70 Million |
|
Attica Publications S.A
AT:ATEK
|
$3.70 Million |
|
PeterLabs Holdings Bhd
KLSE:0171
|
$3.70 Million |
|
CanAsia Energy Corp.
PINK:CECAF
|
$3.71 Million |
|
ANEBULO PHARMAC. DL-001
F:214
|
$3.70 Million |
|
Superior Mining International Corporation
PINK:SUIFF
|
$3.70 Million |
|
Teka Construction PCL
BK:TEKA
|
$3.70 Million |
|
Clean Energy Technologies, Inc. Common Stock
NASDAQ:CETY
|
$3.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Cross Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -977,254 to -921,366, a change of 55,888.
- Net loss of 292,630 reduced equity.
- Other factors increased equity by 348,518.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-292.63K | -31.76% |
| Other Changes | $348.52K | +37.83% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Golden Cross Resources 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 |
|---|---|---|---|
| 2015-12-31 | $-0.37 | $0.05 | x |
| 2016-12-31 | $-0.33 | $0.05 | x |
| 2017-12-31 | $-0.10 | $0.05 | x |
| 2018-12-31 | $-0.14 | $0.05 | x |
| 2019-12-31 | $-0.15 | $0.05 | x |
| 2020-12-31 | $-0.17 | $0.05 | x |
| 2021-12-31 | $-0.18 | $0.05 | x |
| 2022-12-31 | $-0.19 | $0.05 | x |
| 2023-12-31 | $-0.04 | $0.05 | x |
| 2024-12-31 | $-0.05 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Cross Resources 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 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 |
|---|---|---|---|---|---|
| 2006 | 0.00% | 0.00% | 0.00x | 1.02x | $-1.84 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 1.02x | $-2.05 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 1.01x | $-1.40 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 1.01x | $-1.98 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 1.02x | $-3.13 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 1.03x | $-3.06 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 1.14x | $-3.60 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 1.27x | $-3.47 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-39.67 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $540.11K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-120.31K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-275.17K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-391.47K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-83.46K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-117.35K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $100.41K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $2.48 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $44.42K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-200.49K |
Industry Comparison
This section compares Golden Cross Resources 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 |
|---|---|---|---|---|
| Golden Cross Resources Inc (ZCRMF) | $6.82 Million | 0.00% | 0.10x | $3.70 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 |