Xtra-Gold Resources Corp (XTG) - Net Assets
Based on the latest financial reports, Xtra-Gold Resources Corp (XTG) has net assets worth CA$18.12 Million CAD (≈ $13.11 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$19.84 Million ≈ $14.36 Million USD) and total liabilities (CA$1.72 Million ≈ $1.25 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 XTG intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$18.12 Million |
| % of Total Assets | 91.32% |
| Annual Growth Rate | 2.45% |
| 5-Year Change | 75.44% |
| 10-Year Change | 601.61% |
| Growth Volatility | 54.92 |
Xtra-Gold Resources Corp - Net Assets Trend (2005–2025)
This chart illustrates how Xtra-Gold Resources Corp's net assets have evolved over time, based on quarterly financial data. See Xtra-Gold Resources Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Xtra-Gold Resources Corp (2005–2025)
The table below shows the annual net assets of Xtra-Gold Resources Corp from 2005 to 2025. For live valuation and market cap data, see how much is Xtra-Gold Resources Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$16.90 Million ≈ $12.23 Million |
+38.19% |
| 2024-12-31 | CA$12.23 Million ≈ $8.85 Million |
+18.29% |
| 2023-12-31 | CA$10.34 Million ≈ $7.48 Million |
-1.27% |
| 2022-12-31 | CA$10.47 Million ≈ $7.58 Million |
+8.71% |
| 2021-12-31 | CA$9.64 Million ≈ $6.97 Million |
+8.09% |
| 2020-12-31 | CA$8.91 Million ≈ $6.45 Million |
+38.59% |
| 2019-12-31 | CA$6.43 Million ≈ $4.65 Million |
+54.37% |
| 2018-12-31 | CA$4.17 Million ≈ $3.01 Million |
+44.43% |
| 2017-12-31 | CA$2.88 Million ≈ $2.09 Million |
+19.73% |
| 2016-12-31 | CA$2.41 Million ≈ $1.74 Million |
+14.74% |
| 2015-12-31 | CA$2.10 Million ≈ $1.52 Million |
-11.99% |
| 2014-12-31 | CA$2.39 Million ≈ $1.73 Million |
-23.07% |
| 2013-12-31 | CA$3.10 Million ≈ $2.24 Million |
-20.58% |
| 2012-12-31 | CA$3.90 Million ≈ $2.82 Million |
-56.15% |
| 2011-12-31 | CA$8.91 Million ≈ $6.44 Million |
-27.87% |
| 2010-12-31 | CA$12.35 Million ≈ $8.93 Million |
+209.02% |
| 2009-12-31 | CA$4.00 Million ≈ $2.89 Million |
+33.06% |
| 2008-12-31 | CA$3.00 Million ≈ $2.17 Million |
+9.53% |
| 2007-12-31 | CA$2.74 Million ≈ $1.98 Million |
-73.85% |
| 2006-12-31 | CA$10.48 Million ≈ $7.58 Million |
+0.61% |
| 2005-12-31 | CA$10.42 Million ≈ $7.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xtra-Gold Resources Corp'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 1402151600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$46.60K | 0.29% |
| Other Components | CA$32.31 Million | 199.03% |
| Total Equity | CA$16.23 Million | 100.00% |
Xtra-Gold Resources Corp Competitors by Market Cap
The table below lists competitors of Xtra-Gold Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elevate Uranium Ltd
AU:EL8
|
$92.32 Million |
|
CSP Inc
NASDAQ:CSPI
|
$92.36 Million |
|
Intech Biopharm Ltd
TWO:6461
|
$92.43 Million |
|
Insumos Agroquimicos SA
BA:INAG
|
$92.44 Million |
|
Scope Fluidics SA
WAR:SCP
|
$92.28 Million |
|
Mitake Information
TWO:8284
|
$92.27 Million |
|
OPTIMIZERx Corp
NASDAQ:OPRX
|
$92.27 Million |
|
Ispire Technology Inc. Common Stock
NASDAQ:ISPR
|
$92.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xtra-Gold Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,860,673 to 16,234,766, a change of 4,374,093 (36.9%).
- Net income of 3,747,912 contributed positively to equity growth.
- Share repurchases of 635,590 reduced equity.
- New share issuances of 1,595,705 increased equity.
- Other factors decreased equity by 333,934.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$3.75 Million | +23.09% |
| Share Repurchases | CA$635.59K | -3.91% |
| Share Issuances | CA$1.60 Million | +9.83% |
| Other Changes | CA$-333.93K | -2.06% |
| Total Change | CA$- | 36.88% |
Book Value vs Market Value Analysis
This analysis compares Xtra-Gold Resources Corp'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: 8.20x
- 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 6.67x to 8.20x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$0.41 | CA$2.74 | x |
| 2006-12-31 | CA$0.39 | CA$2.74 | x |
| 2007-12-31 | CA$0.10 | CA$2.74 | x |
| 2008-12-31 | CA$0.10 | CA$2.74 | x |
| 2009-12-31 | CA$0.12 | CA$2.74 | x |
| 2010-12-31 | CA$0.35 | CA$2.74 | x |
| 2011-12-31 | CA$0.21 | CA$2.74 | x |
| 2012-12-31 | CA$0.11 | CA$2.74 | x |
| 2013-12-31 | CA$0.09 | CA$2.74 | x |
| 2014-12-31 | CA$0.07 | CA$2.74 | x |
| 2015-12-31 | CA$0.07 | CA$2.74 | x |
| 2016-12-31 | CA$0.07 | CA$2.74 | x |
| 2017-12-31 | CA$0.07 | CA$2.74 | x |
| 2018-12-31 | CA$0.10 | CA$2.74 | x |
| 2019-12-31 | CA$0.14 | CA$2.74 | x |
| 2020-12-31 | CA$0.19 | CA$2.74 | x |
| 2021-12-31 | CA$0.20 | CA$2.74 | x |
| 2022-12-31 | CA$0.22 | CA$2.74 | x |
| 2023-12-31 | CA$0.22 | CA$2.74 | x |
| 2024-12-31 | CA$0.24 | CA$2.74 | x |
| 2025-12-31 | CA$0.33 | CA$2.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xtra-Gold Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.14x
- Recent ROE (23.09%) is above the historical average (-18.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -2.62% | 0.00% | 0.00x | 1.13x | CA$-1.31 Million |
| 2006 | -24.45% | 0.00% | 0.00x | 1.11x | CA$-3.61 Million |
| 2007 | -68.38% | 0.00% | 0.00x | 1.63x | CA$-2.15 Million |
| 2008 | -107.61% | 0.00% | 0.00x | 1.28x | CA$-3.53 Million |
| 2009 | -24.06% | 0.00% | 0.00x | 1.14x | CA$-1.36 Million |
| 2010 | -24.36% | 0.00% | 0.00x | 1.05x | CA$-4.26 Million |
| 2011 | -56.57% | 0.00% | 0.00x | 1.04x | CA$-6.27 Million |
| 2012 | -146.90% | 0.00% | 0.00x | 0.99x | CA$-7.65 Million |
| 2013 | -18.17% | 0.00% | 0.00x | 0.89x | CA$-1.15 Million |
| 2014 | -20.65% | 0.00% | 0.00x | 0.81x | CA$-1.03 Million |
| 2015 | -14.06% | 0.00% | 0.00x | 0.82x | CA$-731.28K |
| 2016 | -14.42% | 0.00% | 0.00x | 0.87x | CA$-814.43K |
| 2017 | 9.58% | 0.00% | 0.00x | 0.90x | CA$-15.41K |
| 2018 | 27.43% | 0.00% | 0.00x | 1.01x | CA$830.05K |
| 2019 | 32.64% | 0.00% | 0.00x | 1.00x | CA$1.56 Million |
| 2020 | 20.16% | 0.00% | 0.00x | 1.01x | CA$937.56K |
| 2021 | 8.51% | 0.00% | 0.00x | 1.09x | CA$-146.70K |
| 2022 | 6.00% | 0.00% | 0.00x | 1.13x | CA$-421.48K |
| 2023 | -1.62% | 0.00% | 0.00x | 1.16x | CA$-1.19 Million |
| 2024 | 14.13% | 0.00% | 0.00x | 1.20x | CA$489.34K |
| 2025 | 23.09% | 0.00% | 0.00x | 1.14x | CA$2.12 Million |
Industry Comparison
This section compares Xtra-Gold Resources Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,457,076,334
- Average return on equity (ROE) among peers: -12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xtra-Gold Resources Corp (XTG) | CA$18.12 Million | -2.62% | 0.10x | $92.31 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.29 Billion |
| Abcourt Mines Inc. (ABI) | $3.33 Million | -20.67% | 0.04x | $77.46 Million |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $70.55 Billion |
| American Eagle Gold Corp (AE) | $35.20 Million | -22.32% | 0.04x | $142.56 Million |
| Agnico Eagle Mines Limited (AEM) | $2.06 Billion | 6.77% | 0.33x | $86.35 Billion |
| Alamos Gold Inc (AGI) | $25.69 Million | -7.53% | 0.11x | $15.94 Billion |
| AIS Resources Ltd (AIS) | $479.48K | -11.79% | 0.06x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $24.24 Million | -6.73% | 0.03x | $41.82 Million |
| Almaden Minerals Ltd (AMM) | $5.18 Million | -58.59% | 0.09x | $24.82 Million |
About Xtra-Gold Resources Corp
Xtra-Gold Resources Corp. operates as a gold exploration company in Ghana. Its flagship property consists of the Kibi Gold project that includes an area of approximately 33.65 square kilometers located in the East Akim District of the Eastern Region of Ghana. The company was formerly known as RetinaPharma International, Inc. and changed its name to Xtra-Gold Resources Corp. in December 2003. Xtra… Read more