Cosigo Resources Ltd.
Cosigo Resources Ltd. engages in the acquisition and exploration of mineral properties in Colombia and Brazil. The company primarily explores for gold deposits. It holds a 100% interest in the Machado project, which covering an area of 10,000 hectares located in the Vaupes Province, Colombia; and 100% interest in the CN mineral license located in the Taraira South area, Columbia, as well as to ac… Read more
Cosigo Resources Ltd. (CSG) - Net Assets
Latest net assets as of September 2025: CA$-222.62K CAD
Based on the latest financial reports, Cosigo Resources Ltd. (CSG) has net assets worth CA$-222.62K 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$145.60K) and total liabilities (CA$368.22K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-222.62K |
| % of Total Assets | -152.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Cosigo Resources Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Cosigo Resources Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cosigo Resources Ltd. (2021–2024)
The table below shows the annual net assets of Cosigo Resources Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-94.26K | +26.72% |
| 2023-12-31 | CA$-128.63K | +52.44% |
| 2022-12-31 | CA$-270.49K | -9.96% |
| 2021-12-31 | CA$-246.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cosigo Resources Ltd.'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 78948300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$15.49 Million | % |
| Total Equity | CA$-94.26K | 100.00% |
Cosigo Resources Ltd. Competitors by Market Cap
The table below lists competitors of Cosigo Resources Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Intouch Insight Ltd
OTCQX:INXSF
|
$5.38 Million |
|
InnoTherapy Inc
KQ:246960
|
$5.38 Million |
|
Superbag Company Limited
PINK:SUPBF
|
$5.38 Million |
|
3R Games SA
WAR:3RG
|
$5.38 Million |
|
Altamin Ltd
AU:AZI
|
$5.38 Million |
|
Tifa Finance Tbk
JK:TIFA
|
$5.37 Million |
|
Bodegas Riojanas S.A.
MC:RIO
|
$5.37 Million |
|
Biomerica Inc
NASDAQ:BMRA
|
$5.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cosigo Resources Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -128,634 to -94,258, a change of 34,376.
- Net loss of 277,811 reduced equity.
- Other factors increased equity by 312,187.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-277.81K | -294.73% |
| Other Changes | CA$312.19K | +331.2% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Cosigo Resources Ltd.'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$0.00 | CA$0.08 | x |
| 2022-12-31 | CA$0.00 | CA$0.08 | x |
| 2023-12-31 | CA$0.00 | CA$0.08 | x |
| 2024-12-31 | CA$0.00 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cosigo Resources Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-71.47K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-101.79K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-369.97K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-268.39K |
Industry Comparison
This section compares Cosigo Resources Ltd.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,323,818
- Average return on equity (ROE) among peers: -12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cosigo Resources Ltd. (CSG) | CA$-222.62K | 0.00% | N/A | $5.38 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 |