Banyan Gold Corp (BYN) - Net Assets
Based on the latest financial reports, Banyan Gold Corp (BYN) has net assets worth CA$70.81 Million CAD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$86.18 Million) and total liabilities (CA$15.38 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$70.81 Million |
| % of Total Assets | 82.16% |
| Annual Growth Rate | 51.35% |
| 5-Year Change | 418.42% |
| 10-Year Change | 5274.76% |
| Growth Volatility | 119.14 |
Banyan Gold Corp - Net Assets Trend (2011–2024)
This chart illustrates how Banyan Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Banyan Gold Corp (2011–2024)
The table below shows the annual net assets of Banyan Gold Corp from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | CA$57.44 Million | +17.33% |
| 2023-09-30 | CA$48.96 Million | +29.50% |
| 2022-09-30 | CA$37.81 Million | +54.63% |
| 2021-09-30 | CA$24.45 Million | +120.65% |
| 2020-09-30 | CA$11.08 Million | +105.03% |
| 2019-09-30 | CA$5.40 Million | +11.65% |
| 2018-09-30 | CA$4.84 Million | +19.93% |
| 2017-09-30 | CA$4.04 Million | +90.48% |
| 2016-09-30 | CA$2.12 Million | +98.25% |
| 2015-09-30 | CA$1.07 Million | +37.57% |
| 2014-09-30 | CA$776.88K | -24.46% |
| 2013-09-30 | CA$1.03 Million | +456.68% |
| 2012-09-30 | CA$184.74K | -29.63% |
| 2011-09-30 | CA$262.54K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Banyan Gold 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 1258673100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$70.12 Million | 122.07% |
| Total Equity | CA$57.44 Million | 100.00% |
Banyan Gold Corp Competitors by Market Cap
The table below lists competitors of Banyan Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
National Research Corp
NASDAQ:NRC
|
$387.83 Million |
|
Jiangsu Holly Corp
SHG:600128
|
$387.83 Million |
|
VT GMP Co.Ltd
KQ:018290
|
$387.97 Million |
|
Kopin Corporation
NASDAQ:KOPN
|
$387.99 Million |
|
GDI INTEGR. FAC. SVCS
F:GQN2
|
$387.65 Million |
|
Thinkingdom Media Group Ltd
SHG:603096
|
$387.52 Million |
|
MITSUBISHI KAKOKI
F:893
|
$387.41 Million |
|
Shanghai Lisheng Racing Co Ltd
SHE:002858
|
$387.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banyan Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,959,961 to 57,444,551, a change of 8,484,590 (17.3%).
- Net loss of 4,282,547 reduced equity.
- New share issuances of 14,301,300 increased equity.
- Other factors decreased equity by 1,534,163.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.28 Million | -7.46% |
| Share Issuances | CA$14.30 Million | +24.9% |
| Other Changes | CA$-1.53 Million | -2.67% |
| Total Change | CA$- | 17.33% |
Book Value vs Market Value Analysis
This analysis compares Banyan Gold 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: 7.84x
- 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 decreased from 14.08x to 7.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-09-30 | CA$0.10 | CA$1.37 | x |
| 2012-09-30 | CA$0.06 | CA$1.37 | x |
| 2013-09-30 | CA$0.10 | CA$1.37 | x |
| 2014-09-30 | CA$0.05 | CA$1.37 | x |
| 2015-09-30 | CA$0.05 | CA$1.37 | x |
| 2016-09-30 | CA$0.07 | CA$1.37 | x |
| 2017-09-30 | CA$0.07 | CA$1.37 | x |
| 2018-09-30 | CA$0.06 | CA$1.37 | x |
| 2019-09-30 | CA$0.06 | CA$1.37 | x |
| 2020-09-30 | CA$0.08 | CA$1.37 | x |
| 2021-09-30 | CA$0.14 | CA$1.37 | x |
| 2022-09-30 | CA$0.16 | CA$1.37 | x |
| 2023-09-30 | CA$0.18 | CA$1.37 | x |
| 2024-09-30 | CA$0.17 | CA$1.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banyan Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.27x
- Recent ROE (-7.46%) is above the historical average (-17.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -30.47% | 0.00% | 0.00x | 1.02x | CA$-106.26K |
| 2012 | -42.11% | 0.00% | 0.00x | 1.28x | CA$-96.27K |
| 2013 | -23.36% | 0.00% | 0.00x | 1.05x | CA$-343.08K |
| 2014 | -36.55% | 0.00% | 0.00x | 1.05x | CA$-361.65K |
| 2015 | -21.13% | 0.00% | 0.00x | 1.08x | CA$-332.67K |
| 2016 | -23.16% | 0.00% | 0.00x | 1.09x | CA$-702.72K |
| 2017 | -10.43% | 0.00% | 0.00x | 1.12x | CA$-824.66K |
| 2018 | -7.80% | 0.00% | 0.00x | 1.07x | CA$-861.48K |
| 2019 | -4.29% | 0.00% | 0.00x | 1.04x | CA$-772.50K |
| 2020 | -16.80% | 0.00% | 0.00x | 1.21x | CA$-2.97 Million |
| 2021 | -11.93% | 0.00% | 0.00x | 1.31x | CA$-5.36 Million |
| 2022 | -3.85% | 0.00% | 0.00x | 1.28x | CA$-5.24 Million |
| 2023 | 0.75% | 0.00% | 0.00x | 1.19x | CA$-4.53 Million |
| 2024 | -7.46% | 0.00% | 0.00x | 1.27x | CA$-10.03 Million |
Industry Comparison
This section compares Banyan Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,011,639
- Average return on equity (ROE) among peers: -23.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Banyan Gold Corp (BYN) | CA$70.81 Million | -30.47% | 0.22x | $387.68 Million |
| Abcourt Mines Inc. (ABI) | $27.66 Million | -3.28% | 0.35x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $13.38 Million | -3.65% | 0.02x | $3.68 Million |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $518.31K | -0.04% | 0.11x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $-251.88K | 0.00% | 0.00x | $9.71 Million |
| Alkane Resources Limited (ALK) | $191.56 Million | 29.08% | 0.23x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $822.20K | -78.33% | 0.24x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.98 Million | -5.17% | 0.10x | $1.59 Million |
About Banyan Gold Corp
Banyan Gold Corp. explores for and develops of mineral properties in Canada. The company explores for gold and silver deposits. It owns 100% interest in the McQuesten and Aurex properties. The company is headquartered in Vancouver, Canada.