Freegold Ventures Limited (FVL) - Net Assets
Based on the latest financial reports, Freegold Ventures Limited (FVL) has net assets worth CA$134.96 Million CAD (≈ $97.63 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 (CA$137.05 Million ≈ $99.14 Million USD) and total liabilities (CA$2.09 Million ≈ $1.51 Million USD). 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. Check FVL asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$134.96 Million |
| % of Total Assets | 98.47% |
| Annual Growth Rate | 11.04% |
| 5-Year Change | 40.23% |
| 10-Year Change | 236.38% |
| Growth Volatility | 39.97 |
Freegold Ventures Limited - Net Assets Trend (1996–2024)
This chart illustrates how Freegold Ventures Limited's net assets have evolved over time, based on quarterly financial data. Also explore Freegold Ventures Limited (FVL) total assets for the complete picture of this company's asset base.
Annual Net Assets for Freegold Ventures Limited (1996–2024)
The table below shows the annual net assets of Freegold Ventures Limited from 1996 to 2024. For live valuation and market cap data, see FVL market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$102.61 Million ≈ $74.23 Million |
+14.39% |
| 2023-12-31 | CA$89.70 Million ≈ $64.89 Million |
+17.30% |
| 2022-12-31 | CA$76.47 Million ≈ $55.32 Million |
+4.05% |
| 2021-12-31 | CA$73.49 Million ≈ $53.16 Million |
+0.44% |
| 2020-12-31 | CA$73.17 Million ≈ $52.93 Million |
+91.45% |
| 2019-12-31 | CA$38.22 Million ≈ $27.65 Million |
+3.11% |
| 2018-12-31 | CA$37.07 Million ≈ $26.81 Million |
+0.79% |
| 2017-12-31 | CA$36.78 Million ≈ $26.60 Million |
+5.31% |
| 2016-12-31 | CA$34.92 Million ≈ $25.26 Million |
+14.48% |
| 2015-12-31 | CA$30.50 Million ≈ $22.07 Million |
+2.94% |
| 2014-12-31 | CA$29.63 Million ≈ $21.44 Million |
-13.82% |
| 2013-12-31 | CA$34.39 Million ≈ $24.87 Million |
-2.96% |
| 2012-12-31 | CA$35.43 Million ≈ $25.63 Million |
+6.98% |
| 2011-12-31 | CA$33.12 Million ≈ $23.96 Million |
+33.13% |
| 2010-12-31 | CA$24.88 Million ≈ $18.00 Million |
+33.85% |
| 2009-12-31 | CA$18.59 Million ≈ $13.45 Million |
+6.64% |
| 2008-12-31 | CA$17.43 Million ≈ $12.61 Million |
-25.92% |
| 2007-12-31 | CA$23.53 Million ≈ $17.02 Million |
+153.47% |
| 2006-12-31 | CA$9.28 Million ≈ $6.71 Million |
+15.82% |
| 2005-12-31 | CA$8.01 Million ≈ $5.80 Million |
-5.22% |
| 2004-12-31 | CA$8.46 Million ≈ $6.12 Million |
+5.06% |
| 2003-12-31 | CA$8.05 Million ≈ $5.82 Million |
+104.46% |
| 2002-12-31 | CA$3.94 Million ≈ $2.85 Million |
+20.39% |
| 2001-12-31 | CA$3.27 Million ≈ $2.37 Million |
-46.98% |
| 2000-12-31 | CA$6.17 Million ≈ $4.46 Million |
-20.26% |
| 1998-12-31 | CA$7.73 Million ≈ $5.59 Million |
+20.29% |
| 1997-12-31 | CA$6.43 Million ≈ $4.65 Million |
+17.47% |
| 1996-12-31 | CA$5.47 Million ≈ $3.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Freegold Ventures Limited'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 6978177350.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$141.21 Million | 137.62% |
| Other Comprehensive Income | CA$35.70 Million | 34.80% |
| Total Equity | CA$102.61 Million | 100.00% |
Freegold Ventures Limited Competitors by Market Cap
The table below lists competitors of Freegold Ventures Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wirtualna Polska Holding SA
WAR:WPL
|
$475.29 Million |
|
Wuxi Smart Auto-control Engineering Co Ltd
SHE:002877
|
$475.41 Million |
|
Ferguson Plc
LSE:FERG
|
$475.41 Million |
|
PPC Ltd
JSE:PPC
|
$475.42 Million |
|
Future Generation Global Ltd
AU:FGG
|
$475.23 Million |
|
Jiangnan Yifan Motor Co.Ltd
SHE:301023
|
$474.80 Million |
|
AnHui Annada Titanium Industry Co Ltd
SHE:002136
|
$474.79 Million |
|
Hearts and Minds Investments Ltd
AU:HM1
|
$474.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freegold Ventures Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 89,703,120 to 102,610,000, a change of 12,906,880 (14.4%).
- Net loss of 1,090,000 reduced equity.
- Share repurchases of 14,920,370 reduced equity.
- New share issuances of 14,920,371 increased equity.
- Other comprehensive income decreased equity by 1,367,327.
- Other factors increased equity by 15,364,206.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.09 Million | -1.06% |
| Share Repurchases | CA$14.92 Million | -14.54% |
| Share Issuances | CA$14.92 Million | +14.54% |
| Other Comprehensive Income | CA$-1.37 Million | -1.33% |
| Other Changes | CA$15.36 Million | +14.97% |
| Total Change | CA$- | 14.39% |
Book Value vs Market Value Analysis
This analysis compares Freegold Ventures Limited'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: 5.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.14x to 5.01x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CA$8.21 | CA$1.15 | x |
| 1997-12-31 | CA$7.71 | CA$1.15 | x |
| 1998-12-31 | CA$6.96 | CA$1.15 | x |
| 1999-12-31 | CA$6.18 | CA$1.15 | x |
| 2000-12-31 | CA$4.54 | CA$1.15 | x |
| 2001-12-31 | CA$2.10 | CA$1.15 | x |
| 2002-12-31 | CA$1.87 | CA$1.15 | x |
| 2003-12-31 | CA$2.59 | CA$1.15 | x |
| 2004-12-31 | CA$1.86 | CA$1.15 | x |
| 2005-12-31 | CA$1.58 | CA$1.15 | x |
| 2006-12-31 | CA$1.49 | CA$1.15 | x |
| 2007-12-31 | CA$2.70 | CA$1.15 | x |
| 2008-12-31 | CA$1.64 | CA$1.15 | x |
| 2009-12-31 | CA$1.56 | CA$1.15 | x |
| 2010-12-31 | CA$1.30 | CA$1.15 | x |
| 2011-12-31 | CA$0.71 | CA$1.15 | x |
| 2012-12-31 | CA$0.55 | CA$1.15 | x |
| 2013-12-31 | CA$0.46 | CA$1.15 | x |
| 2014-12-31 | CA$0.37 | CA$1.15 | x |
| 2015-12-31 | CA$0.33 | CA$1.15 | x |
| 2016-12-31 | CA$0.27 | CA$1.15 | x |
| 2017-12-31 | CA$0.24 | CA$1.15 | x |
| 2018-12-31 | CA$0.21 | CA$1.15 | x |
| 2019-12-31 | CA$0.19 | CA$1.15 | x |
| 2020-12-31 | CA$0.28 | CA$1.15 | x |
| 2021-12-31 | CA$0.22 | CA$1.15 | x |
| 2022-12-31 | CA$0.22 | CA$1.15 | x |
| 2023-12-31 | CA$0.23 | CA$1.15 | x |
| 2024-12-31 | CA$0.23 | CA$1.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freegold Ventures Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-1.06%) is above the historical average (-12.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -10.67% | -800.32% | 0.01x | 1.07x | CA$-1.13 Million |
| 1997 | -13.05% | -1200.61% | 0.01x | 1.03x | CA$-1.48 Million |
| 1998 | -6.72% | -800.14% | 0.01x | 1.01x | CA$-1.29 Million |
| 1999 | -18.69% | -2000.14% | 0.01x | 1.00x | CA$-2.12 Million |
| 2000 | -27.13% | -1254.34% | 0.02x | 1.01x | CA$-2.29 Million |
| 2001 | -82.06% | 0.00% | 0.00x | 1.05x | CA$-3.01 Million |
| 2002 | -12.72% | 0.00% | 0.00x | 1.02x | CA$-894.19K |
| 2003 | -11.29% | 0.00% | 0.00x | 1.01x | CA$-1.71 Million |
| 2004 | -19.86% | 0.00% | 0.00x | 1.03x | CA$-2.52 Million |
| 2005 | -14.70% | 0.00% | 0.00x | 1.01x | CA$-1.98 Million |
| 2006 | -16.39% | 0.00% | 0.00x | 1.14x | CA$-2.45 Million |
| 2007 | -18.82% | 0.00% | 0.00x | 1.02x | CA$-6.78 Million |
| 2008 | -24.36% | 0.00% | 0.00x | 1.49x | CA$-5.99 Million |
| 2009 | -28.86% | 0.00% | 0.00x | 1.31x | CA$-7.22 Million |
| 2010 | -7.19% | 0.00% | 0.00x | 1.11x | CA$-4.28 Million |
| 2011 | -15.32% | 0.00% | 0.00x | 1.05x | CA$-8.39 Million |
| 2012 | -0.02% | 0.00% | 0.00x | 1.03x | CA$-3.55 Million |
| 2013 | -4.94% | 0.00% | 0.00x | 1.03x | CA$-5.14 Million |
| 2014 | -22.55% | 0.00% | 0.00x | 1.04x | CA$-9.64 Million |
| 2015 | -2.27% | 0.00% | 0.00x | 1.05x | CA$-3.74 Million |
| 2016 | -2.68% | 0.00% | 0.00x | 1.04x | CA$-4.43 Million |
| 2017 | -0.92% | 0.00% | 0.00x | 1.02x | CA$-4.02 Million |
| 2018 | -2.05% | 0.00% | 0.00x | 1.03x | CA$-4.47 Million |
| 2019 | -0.91% | 0.00% | 0.00x | 1.04x | CA$-4.17 Million |
| 2020 | -1.78% | 0.00% | 0.00x | 1.01x | CA$-8.62 Million |
| 2021 | -3.00% | 0.00% | 0.00x | 1.01x | CA$-9.56 Million |
| 2022 | -1.05% | 0.00% | 0.00x | 1.01x | CA$-8.45 Million |
| 2023 | -3.45% | 0.00% | 0.00x | 1.01x | CA$-12.07 Million |
| 2024 | -1.06% | 0.00% | 0.00x | 1.01x | CA$-11.35 Million |
Industry Comparison
This section compares Freegold Ventures Limited'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: $14,613,271
- Average return on equity (ROE) among peers: -28.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Freegold Ventures Limited (FVL) | CA$134.96 Million | -10.67% | 0.02x | $475.27 Million |
| Aftermath Silver Ltd (AAG) | $1.38 Million | -190.49% | 0.19x | $185.75 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $-637.51K | 0.00% | 0.00x | $4.67 Million |
| Adex Mining Inc (ADE) | $-2.16 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $71.72 Million | -9.02% | 0.02x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $29.17 Million | -31.05% | 4.18x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $1.00 | 0.00% | 0.00x | $332.39 Million |
About Freegold Ventures Limited
Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, and evaluation of precious and base metal properties in the United States and Canada. The company explores for gold, copper, silver, cobalt, and tungsten deposits. It holds interests in the Golden Summit property that consists of 53 patented claims, 107 unpatented federal claims, and 241 State of Ala… Read more