Carlin Gold Corporation
Carlin Gold Corporation, an exploration stage company, engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company explores for gold and copper deposits. It holds 100% interest in Cortez Summit property consists of 142 unpatented lode claims located in Elko County, Nevada; 100% interest in IVY Property consists of 108 unpatented mining claims located… Read more
Carlin Gold Corporation (CGD) - Net Assets
Latest net assets as of September 2025: CA$4.86 Million CAD
Based on the latest financial reports, Carlin Gold Corporation (CGD) has net assets worth CA$4.86 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.89 Million) and total liabilities (CA$31.53K). 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$4.86 Million |
| % of Total Assets | 99.36% |
| Annual Growth Rate | 14.52% |
| 5-Year Change | 142.83% |
| 10-Year Change | 125.01% |
| Growth Volatility | 63.14 |
Carlin Gold Corporation - Net Assets Trend (2000–2024)
This chart illustrates how Carlin Gold Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Carlin Gold Corporation (2000–2024)
The table below shows the annual net assets of Carlin Gold Corporation from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$3.95 Million | -0.23% |
| 2023-12-31 | CA$3.96 Million | +89.17% |
| 2022-12-31 | CA$2.09 Million | +22.79% |
| 2021-12-31 | CA$1.70 Million | +4.78% |
| 2020-12-31 | CA$1.63 Million | +10.51% |
| 2019-12-31 | CA$1.47 Million | -5.60% |
| 2018-12-31 | CA$1.56 Million | -13.61% |
| 2017-12-31 | CA$1.81 Million | -11.72% |
| 2016-12-31 | CA$2.05 Million | +16.46% |
| 2015-12-31 | CA$1.76 Million | -18.49% |
| 2014-12-31 | CA$2.15 Million | -43.06% |
| 2013-12-31 | CA$3.78 Million | +11166.64% |
| 2003-12-31 | CA$-34.19K | -208.57% |
| 2002-12-31 | CA$31.49K | -59.09% |
| 2001-12-31 | CA$76.98K | -49.52% |
| 2000-12-31 | CA$152.51K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carlin Gold Corporation'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 grown by 327507900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$12.05 Million | 305.07% |
| Total Equity | CA$3.95 Million | 100.00% |
Carlin Gold Corporation Competitors by Market Cap
The table below lists competitors of Carlin Gold Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fresh2 Group Ltd
NASDAQ:FRES
|
$2.97 Million |
|
Audeara Ltd
AU:AUA
|
$2.97 Million |
|
IMMO BLOCKCHAIN EO 1
F:QT5
|
$2.97 Million |
|
Smart Powerr Corp
NASDAQ:CREG
|
$2.97 Million |
|
Scientific Industries Inc
OTCQB:SCND
|
$2.97 Million |
|
Volcano Bhd
KLSE:0232
|
$2.97 Million |
|
Future Fintech Group Inc
NASDAQ:FTFT
|
$2.97 Million |
|
Hyzon Motors Inc
NASDAQ:HYZN
|
$2.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carlin Gold Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,960,263 to 3,951,147, a change of -9,116 (-0.2%).
- Net loss of 156,142 reduced equity.
- Other factors increased equity by 147,026.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-156.14K | -3.95% |
| Other Changes | CA$147.03K | +3.72% |
| Total Change | CA$- | -0.23% |
Book Value vs Market Value Analysis
This analysis compares Carlin Gold Corporation'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: 1.85x
- 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 19.46x to 1.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.02 | CA$0.40 | x |
| 2018-12-31 | CA$0.02 | CA$0.40 | x |
| 2019-12-31 | CA$0.02 | CA$0.40 | x |
| 2020-12-31 | CA$0.02 | CA$0.40 | x |
| 2021-12-31 | CA$0.02 | CA$0.40 | x |
| 2022-12-31 | CA$0.02 | CA$0.40 | x |
| 2023-12-31 | CA$0.21 | CA$0.40 | x |
| 2024-12-31 | CA$0.21 | CA$0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carlin Gold Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-3.95%) is above the historical average (-27.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -56.35% | -4311.99% | 0.01x | 1.15x | CA$-101.19K |
| 2001 | -127.98% | 0.00% | 0.00x | 1.57x | CA$-106.23K |
| 2002 | -144.46% | -29350.32% | 0.00x | 1.10x | CA$-48.64K |
| 2003 | 0.00% | -437880.00% | 0.01x | 0.00x | CA$-62.26K |
| 2013 | -5.62% | 0.00% | 0.00x | 1.01x | CA$-590.86K |
| 2014 | -85.84% | 0.00% | 0.00x | 1.01x | CA$-2.06 Million |
| 2015 | -8.35% | 0.00% | 0.00x | 1.04x | CA$-322.28K |
| 2016 | -16.04% | 0.00% | 0.00x | 1.05x | CA$-532.63K |
| 2017 | -24.46% | 0.00% | 0.00x | 1.08x | CA$-622.16K |
| 2018 | -15.75% | 0.00% | 0.00x | 1.26x | CA$-401.70K |
| 2019 | -5.93% | 0.00% | 0.00x | 1.36x | CA$-234.60K |
| 2020 | 9.51% | 0.00% | 0.00x | 1.39x | CA$-7.98K |
| 2021 | 4.56% | 0.00% | 0.00x | 1.42x | CA$-92.71K |
| 2022 | 18.56% | 0.00% | 0.00x | 1.38x | CA$179.23K |
| 2023 | 14.22% | 0.00% | 0.00x | 1.01x | CA$167.20K |
| 2024 | -3.95% | 0.00% | 0.00x | 1.01x | CA$-551.26K |
Industry Comparison
This section compares Carlin Gold Corporation's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,323,818
- Average return on equity (ROE) among peers: -12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carlin Gold Corporation (CGD) | CA$4.86 Million | -56.35% | 0.01x | $2.97 Million |
| Athabasca Minerals Inc (ABM) | $14.67 Million | -17.11% | 0.38x | $3.80 Million |
| AIS Resources Ltd (AIS) | $733.20K | -18.86% | 0.02x | $1.22 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $7.66 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $1.27 Million |
| Argus Metals Corp. (AML) | $-194.53K | 0.00% | 0.00x | $248.82K |
| Antler Gold Inc (ANTL) | $5.56 Million | -15.72% | 0.05x | $3.41 Million |
| Apogee Minerals Ltd (APMI) | $509.07K | -27.00% | 0.02x | $1.15 Million |
| Awale Resources Ltd (ARIC) | $11.21 Million | -15.12% | 0.10x | $38.72 Million |
| Au Gold Corp (AUGC) | $1.73 Million | -6.53% | 0.01x | $4.70 Million |
| AUX Resources Corporation (AUX) | $-1.82 Million | 0.00% | 0.00x | $12.37 Million |