Golden Sky Minerals Corp (AUEN) - Net Assets
Based on the latest financial reports, Golden Sky Minerals Corp (AUEN) has net assets worth CA$900.70K CAD (≈ $651.55K 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$1.43 Million ≈ $1.03 Million USD) and total liabilities (CA$529.22K ≈ $382.83K 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 tangible equity quality of Golden Sky Minerals Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$900.70K |
| % of Total Assets | 62.99% |
| Annual Growth Rate | -31.81% |
| 5-Year Change | -91.58% |
| 10-Year Change | N/A |
| Growth Volatility | 39.38 |
Golden Sky Minerals Corp - Net Assets Trend (2018–2024)
This chart illustrates how Golden Sky Minerals Corp's net assets have evolved over time, based on quarterly financial data. See Golden Sky Minerals Corp (AUEN) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Golden Sky Minerals Corp (2018–2024)
The table below shows the annual net assets of Golden Sky Minerals Corp from 2018 to 2024. For live valuation and market cap data, see market value of Golden Sky Minerals Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.14 Million ≈ $828.26K |
-69.09% |
| 2023-12-31 | CA$3.70 Million ≈ $2.68 Million |
-76.76% |
| 2022-12-31 | CA$15.94 Million ≈ $11.53 Million |
-2.46% |
| 2021-12-31 | CA$16.34 Million ≈ $11.82 Million |
+20.12% |
| 2020-12-31 | CA$13.61 Million ≈ $9.84 Million |
+4.32% |
| 2019-12-31 | CA$13.04 Million ≈ $9.43 Million |
+14.42% |
| 2018-12-31 | CA$11.40 Million ≈ $8.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Golden Sky Minerals 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 1573915300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$18.94 Million | 1654.42% |
| Total Equity | CA$1.14 Million | 100.00% |
Golden Sky Minerals Corp Competitors by Market Cap
The table below lists competitors of Golden Sky Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baillie Gifford Shin Nippon PLC
LSE:BGS
|
$4.75 Million |
|
Smart Equity AG
HM:SE3
|
$4.76 Million |
|
Gungnir Resources Inc
V:GUG
|
$4.76 Million |
|
RWS Holdings PLC
LSE:RWS
|
$4.76 Million |
|
REGENCY SILVER CORP.
F:ZJ9
|
$4.75 Million |
|
Infinity Lithium Corporation Ltd
AU:INF
|
$4.75 Million |
|
Bank Permata Tbk
JK:BNLI
|
$4.74 Million |
|
Helios Energy Ltd
AU:HE8
|
$4.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Sky Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,704,497 to 1,144,981, a change of -2,559,516 (-69.1%).
- Net loss of 2,581,536 reduced equity.
- Other factors increased equity by 22,020.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.58 Million | -225.47% |
| Other Changes | CA$22.02K | +1.92% |
| Total Change | CA$- | -69.09% |
Book Value vs Market Value Analysis
This analysis compares Golden Sky Minerals 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: 4.74x
- 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 0.09x to 4.74x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$3.03 | CA$0.28 | x |
| 2019-12-31 | CA$3.18 | CA$0.28 | x |
| 2020-12-31 | CA$1.45 | CA$0.28 | x |
| 2021-12-31 | CA$1.07 | CA$0.28 | x |
| 2022-12-31 | CA$0.82 | CA$0.28 | x |
| 2023-12-31 | CA$0.19 | CA$0.28 | x |
| 2024-12-31 | CA$0.06 | CA$0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Sky Minerals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -225.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-225.47%) is below the historical average (-79.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -18.06% | 0.00% | 0.00x | 1.01x | CA$-3.20 Million |
| 2019 | -4.17% | 0.00% | 0.00x | 1.01x | CA$-1.85 Million |
| 2020 | -3.45% | 0.00% | 0.00x | 1.02x | CA$-1.83 Million |
| 2021 | -1.57% | 0.00% | 0.00x | 1.02x | CA$-1.89 Million |
| 2022 | -4.89% | 0.00% | 0.00x | 1.02x | CA$-2.37 Million |
| 2023 | -301.17% | 0.00% | 0.00x | 1.02x | CA$-11.53 Million |
| 2024 | -225.47% | 0.00% | 0.00x | 1.06x | CA$-2.70 Million |
Industry Comparison
This section compares Golden Sky Minerals 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 |
|---|---|---|---|---|
| Golden Sky Minerals Corp (AUEN) | CA$900.70K | -18.06% | 0.59x | $4.75 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 Golden Sky Minerals Corp
Golden Sky Minerals Corp., a mineral exploration company, engages in the acquisition, development, exploration, and evaluation of mineral properties in Canada. It explores for copper, silver, and gold deposits. The company's flagship project is the 100% owned Rayfield property covering an area of 50,800 hectares located in British Columbia. Golden Sky Minerals Corp. was incorporated in 2018 and i… Read more