Antler Gold Inc (ANTL) - Net Assets
Based on the latest financial reports, Antler Gold Inc (ANTL) has net assets worth CA$2.27 Million CAD (≈ $1.64 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$3.77 Million ≈ $2.73 Million USD) and total liabilities (CA$1.50 Million ≈ $1.08 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 balance sheet size of Antler Gold Inc for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.27 Million |
| % of Total Assets | 60.31% |
| Annual Growth Rate | -1.68% |
| 5-Year Change | -8.86% |
| 10-Year Change | N/A |
| Growth Volatility | 94.01 |
Antler Gold Inc - Net Assets Trend (2016–2024)
This chart illustrates how Antler Gold Inc's net assets have evolved over time, based on quarterly financial data. Check Antler Gold Inc (ANTL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Antler Gold Inc (2016–2024)
The table below shows the annual net assets of Antler Gold Inc from 2016 to 2024. For live valuation and market cap data, see market cap of Antler Gold Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.70 Million ≈ $1.95 Million |
-21.84% |
| 2023-12-31 | CA$3.45 Million ≈ $2.50 Million |
-6.10% |
| 2022-12-31 | CA$3.68 Million ≈ $2.66 Million |
+27.26% |
| 2021-12-31 | CA$2.89 Million ≈ $2.09 Million |
-2.42% |
| 2020-12-31 | CA$2.96 Million ≈ $2.14 Million |
+251.18% |
| 2019-12-31 | CA$843.01K ≈ $609.82K |
-84.13% |
| 2018-12-31 | CA$5.31 Million ≈ $3.84 Million |
-4.52% |
| 2017-12-31 | CA$5.56 Million ≈ $4.03 Million |
+80.10% |
| 2016-12-31 | CA$3.09 Million ≈ $2.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Antler Gold 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 1028847700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$13.25 Million | 491.22% |
| Total Equity | CA$2.70 Million | 100.00% |
Antler Gold Inc Competitors by Market Cap
The table below lists competitors of Antler Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Apogee Minerals Ltd
V:APMI
|
$1.64 Million |
|
BT Wealth Industries Public Company Limited
BK:BTW
|
$1.65 Million |
|
Engold Mines Inc
V:EGM
|
$1.65 Million |
|
FAT Brands Inc
NASDAQ:FATBB
|
$1.65 Million |
|
NEVADA SUNRISE METALS
F:K4L
|
$1.64 Million |
|
Duke Royalty Ltd
LSE:DUKE
|
$1.64 Million |
|
Grupo Vasconia S.A.B
MX:VASCONI
|
$1.64 Million |
|
Arbuthnot Banking Group Plc
LSE:ARBB
|
$1.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Antler Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,451,973 to 2,698,121, a change of -753,852 (-21.8%).
- Net loss of 775,405 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-775.40K | -28.74% |
| Other Changes | CA$21.55K | +0.8% |
| Total Change | CA$- | -21.84% |
Book Value vs Market Value Analysis
This analysis compares Antler Gold 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
- Current price-to-book ratio: 0.84x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.19x to 0.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.13 | CA$0.03 | x |
| 2018-12-31 | CA$0.12 | CA$0.03 | x |
| 2019-12-31 | CA$0.02 | CA$0.03 | x |
| 2020-12-31 | CA$0.05 | CA$0.03 | x |
| 2021-12-31 | CA$0.04 | CA$0.03 | x |
| 2022-12-31 | CA$0.05 | CA$0.03 | x |
| 2023-12-31 | CA$0.04 | CA$0.03 | x |
| 2024-12-31 | CA$0.03 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Antler Gold Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -28.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.39x
- Recent ROE (-28.74%) is above the historical average (-80.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -8.65% | 0.00% | 0.00x | 1.24x | CA$-576.18K |
| 2017 | -15.72% | 0.00% | 0.00x | 1.05x | CA$-1.43 Million |
| 2018 | -18.06% | 0.00% | 0.00x | 1.01x | CA$-1.49 Million |
| 2019 | -532.08% | 0.00% | 0.00x | 1.21x | CA$-4.57 Million |
| 2020 | -38.19% | 0.00% | 0.00x | 1.05x | CA$-1.43 Million |
| 2021 | -34.13% | 0.00% | 0.00x | 1.08x | CA$-1.27 Million |
| 2022 | -26.24% | 0.00% | 0.00x | 1.09x | CA$-1.33 Million |
| 2023 | -23.13% | 0.00% | 0.00x | 1.17x | CA$-1.14 Million |
| 2024 | -28.74% | 0.00% | 0.00x | 1.39x | CA$-1.05 Million |
Industry Comparison
This section compares Antler Gold Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,353,474,797
- Average return on equity (ROE) among peers: -22.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Antler Gold Inc (ANTL) | CA$2.27 Million | -8.65% | 0.66x | $1.64 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $2.59 Billion |
| Abcourt Mines Inc. (ABI) | $542.08K | -7.78% | 0.16x | $60.24 Million |
| Barrick Gold Corp (ABX) | $12.86 Billion | -22.60% | 1.63x | $59.47 Billion |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $127.56 Million |
| Agnico Eagle Mines Limited (AEM) | $127.14 Million | 11.88% | 1.22x | $69.33 Billion |
| Alamos Gold Inc (AGI) | $74.89 Million | -5.04% | 0.01x | $12.03 Billion |
| AIS Resources Ltd (AIS) | $4.96 Million | -17.19% | 0.24x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.96 Million |
| Altamira Gold Corp (ALTA) | $18.80 Million | -9.47% | 0.04x | $33.26 Million |
| Almaden Minerals Ltd (AMM) | $27.26 Million | -3.85% | 0.03x | $24.82 Million |
About Antler Gold Inc
Antler Gold Inc. engages in the exploration and development of resource properties in Africa. The company explores for gold and copper deposits. It has the Onkoshi Gold Project, the Paresis Gold Project, and the Erongo Gold Project in Namibia; Kesya Project and the Ufipa Gold Project in northeastern Zambia. The company was formerly known as Northwest Arm Capital Inc. and changed its name to Antle… Read more