SolGold PLC Net Assets
SolGold PLC net assets. Based on the latest financial reports, SolGold PLC (SOLG) has net assets worth CA$238.11 Million CAD (≈ $172.24 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$481.00 Million ≈ $347.95 Million USD) and total liabilities (CA$242.89 Million ≈ $175.70 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. Also explore SolGold PLC (SOLG) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$238.11 Million |
| % of Total Assets | 49.5% |
| Annual Growth Rate | N/A |
| 5-Year Change | -9.71% |
| 10-Year Change | 1001.56% |
| Growth Volatility | 96.29 |
Net Assets of SolGold PLC (2006–2024)
Net assets of SolGold PLC from 2006 to 2024. This chart illustrates how SolGold PLC's net assets have evolved over time, based on quarterly financial data. See SolGold PLC net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for SolGold PLC (2006–2024)
The table below shows the annual net assets of SolGold PLC from 2006 to 2024. For live market cap and overall valuation, see market value of SolGold PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$254.61 Million ≈ $184.18 Million |
-18.63% |
| 2023-06-30 | CA$312.93 Million ≈ $226.37 Million |
-5.53% |
| 2022-06-30 | CA$331.25 Million ≈ $239.62 Million |
-2.18% |
| 2021-06-30 | CA$338.62 Million ≈ $244.95 Million |
+20.08% |
| 2020-06-30 | CA$281.99 Million ≈ $203.99 Million |
+18.38% |
| 2019-06-30 | CA$238.20 Million ≈ $172.31 Million |
+40.72% |
| 2018-06-30 | CA$169.28 Million ≈ $122.45 Million |
+34.14% |
| 2017-06-30 | CA$126.19 Million ≈ $91.28 Million |
+383.06% |
| 2016-06-30 | CA$26.12 Million ≈ $18.90 Million |
+13.02% |
| 2015-06-30 | CA$23.11 Million ≈ $16.72 Million |
-16.97% |
| 2014-06-30 | CA$27.84 Million ≈ $20.14 Million |
+62.22% |
| 2013-06-30 | CA$17.16 Million ≈ $12.41 Million |
-57.85% |
| 2012-06-30 | CA$40.71 Million ≈ $29.45 Million |
-33.25% |
| 2011-06-30 | CA$60.99 Million ≈ $44.12 Million |
+123.95% |
| 2010-06-30 | CA$27.23 Million ≈ $19.70 Million |
+77.89% |
| 2009-06-30 | CA$15.31 Million ≈ $11.07 Million |
-5.17% |
| 2008-06-30 | CA$16.14 Million ≈ $11.68 Million |
+83.38% |
| 2007-06-30 | CA$8.80 Million ≈ $6.37 Million |
+2531.37% |
| 2006-06-30 | CA$-362.07K ≈ $-261.91K |
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Equity Component Analysis
This analysis shows how different components contribute to SolGold PLC'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 30586771332.0% over the analyzed period, potentially due to dividend distributions or operating losses.
SolGold PLC Net Assets Breakdown (June 2024)
SolGold PLC net assets breakdown by equity component as of June 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$40.45 Million | 15.89% |
| Other Components | CA$520.51 Million | 204.43% |
| Total Equity | CA$254.61 Million | 100.00% |
SolGold PLC Competitors by Market Cap
The table below lists competitors of SolGold PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Haowu Electromechanical Co Ltd
SHE:000757
|
$293.10 Million |
|
Hypothekarbank Lenzburg AG
SW:HBLN
|
$293.12 Million |
|
Fittech Co Ltd
TW:6706
|
$293.25 Million |
|
SGC Energy Co Ltd
KO:005090
|
$293.40 Million |
|
HeidelbergCement India Limited
NSE:HEIDELBERG
|
$293.06 Million |
|
Australian Finance Group Ltd
AU:AFG
|
$293.03 Million |
|
LEXINFINTECH ADR/2 CL.A
F:1LFA
|
$292.98 Million |
|
Bali Towerindo Sentra Tbk
JK:BALI
|
$292.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SolGold PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 312,925,789 to 254,612,322, a change of -58,313,467 (-18.6%).
- Net loss of 60,299,953 reduced equity.
- Other comprehensive income decreased equity by 127,579.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-60.30 Million | -23.68% |
| Other Comprehensive Income | CA$-127.58K | -0.05% |
| Other Changes | CA$2.11 Million | +0.83% |
| Total Change | CA$- | -18.63% |
Book Value vs Market Value Analysis
This analysis compares SolGold PLC'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: 1.59x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 275130.73x to 1.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | CA$0.00 | CA$0.14 | x |
| 2007-06-30 | CA$0.33 | CA$0.14 | x |
| 2008-06-30 | CA$0.45 | CA$0.14 | x |
| 2009-06-30 | CA$0.28 | CA$0.14 | x |
| 2010-06-30 | CA$0.20 | CA$0.14 | x |
| 2011-06-30 | CA$0.23 | CA$0.14 | x |
| 2012-06-30 | CA$0.14 | CA$0.14 | x |
| 2013-06-30 | CA$0.04 | CA$0.14 | x |
| 2014-06-30 | CA$0.05 | CA$0.14 | x |
| 2015-06-30 | CA$0.03 | CA$0.14 | x |
| 2016-06-30 | CA$0.03 | CA$0.14 | x |
| 2017-06-30 | CA$0.09 | CA$0.14 | x |
| 2018-06-30 | CA$0.10 | CA$0.14 | x |
| 2019-06-30 | CA$0.13 | CA$0.14 | x |
| 2020-06-30 | CA$0.15 | CA$0.14 | x |
| 2021-06-30 | CA$0.16 | CA$0.14 | x |
| 2022-06-30 | CA$0.14 | CA$0.14 | x |
| 2023-06-30 | CA$0.12 | CA$0.14 | x |
| 2024-06-30 | CA$0.08 | CA$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SolGold PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.82x
- Recent ROE (-23.68%) is above the historical average (-343331.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -6522920.22% | 0.00% | 0.00x | 1.00x | CA$-484.00K |
| 2007 | -11.58% | 0.00% | 0.00x | 1.05x | CA$-1.90 Million |
| 2008 | -9.51% | 0.00% | 0.00x | 1.03x | CA$-3.15 Million |
| 2009 | -6.53% | 0.00% | 0.00x | 1.05x | CA$-2.53 Million |
| 2010 | -6.84% | 0.00% | 0.00x | 1.07x | CA$-4.59 Million |
| 2011 | -4.77% | 0.00% | 0.00x | 1.02x | CA$-9.01 Million |
| 2012 | -56.51% | 0.00% | 0.00x | 1.04x | CA$-27.11 Million |
| 2013 | -158.98% | 0.00% | 0.00x | 1.02x | CA$-29.00 Million |
| 2014 | -16.39% | 0.00% | 0.00x | 1.03x | CA$-7.32 Million |
| 2015 | -13.93% | 0.00% | 0.00x | 1.08x | CA$-5.53 Million |
| 2016 | -15.68% | 0.00% | 0.00x | 1.25x | CA$-6.68 Million |
| 2017 | -2.69% | 0.00% | 0.00x | 1.02x | CA$-16.01 Million |
| 2018 | -8.47% | 0.00% | 0.00x | 1.04x | CA$-31.27 Million |
| 2019 | -13.38% | 0.00% | 0.00x | 1.03x | CA$-55.81 Million |
| 2020 | -4.98% | 0.00% | 0.00x | 1.09x | CA$-42.32 Million |
| 2021 | -6.73% | 0.00% | 0.00x | 1.35x | CA$-56.73 Million |
| 2022 | -0.48% | 0.00% | 0.00x | 1.29x | CA$-34.83 Million |
| 2023 | -16.09% | 0.00% | 0.00x | 1.53x | CA$-81.63 Million |
| 2024 | -23.68% | 0.00% | 0.00x | 1.82x | CA$-85.76 Million |
Industry Comparison
This section compares SolGold PLC'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: $20,486,864
- Average return on equity (ROE) among peers: -11.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SolGold PLC (SOLG) | CA$238.11 Million | -6522920.22% | 1.02x | $293.08 Million |
| Aftermath Silver Ltd (AAG) | $-553.76K | 0.00% | 0.00x | $113.94 Million |
| Aton Resources Inc (AAN) | $-9.99 Million | 0.00% | 0.00x | $31.35 Million |
| Arbor Metals Corp (ABR) | $-81.69K | 0.00% | 0.00x | $4.10 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $1.82 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $61.24 Million |
| Alphamin Res (AFM) | $174.59 Million | 2.85% | 0.82x | $1.16 Billion |
| Silver X Mining Corp (AGX) | $6.99 Million | -54.56% | 0.04x | $128.73 Million |
| Amarc Resources Ltd. (AHR) | $5.20 Million | -41.43% | 0.02x | $165.20 Million |
| Almonty Industries Inc (AII) | $45.62 Million | -18.06% | 2.51x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $-11.72 Million | 0.00% | 0.00x | $470.67 Million |
About SolGold PLC
SolGold Plc, a mineral exploration and development company, explores for, evaluates, and develops mineral properties in Ecuador, Switzerland, Australia, Chile, and Solomon Islands. It primarily explores for copper, gold, silver, and molybdenum deposits. The company's flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, No… Read more