Central African Gold Inc
African Energy Metals Inc., a natural resource company, engages in the acquisition, development, and exploration of mineral properties in the Democratic Republic of Congo (DRC). The company explores for copper and cobalt deposits. It has an option agreement to acquire 100% interest in PE 8251 located in the DRC; and PEPM 4582 in the Manono region of the DRC. The company was formerly known as Cent… Read more
Central African Gold Inc (CUCO) - Net Assets
Latest net assets as of December 2023: CA$-679.76K CAD
Based on the latest financial reports, Central African Gold Inc (CUCO) has net assets worth CA$-679.76K CAD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.94K) and total liabilities (CA$687.70K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-679.76K |
| % of Total Assets | -8564.48% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Central African Gold Inc - Net Assets Trend (2019–2023)
This chart illustrates how Central African Gold Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Central African Gold Inc (2019–2023)
The table below shows the annual net assets of Central African Gold Inc from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$-679.76K | -335.93% |
| 2022-12-31 | CA$-155.93K | -175.79% |
| 2021-12-31 | CA$205.74K | +108.89% |
| 2020-12-31 | CA$-2.31 Million | +16.05% |
| 2019-12-31 | CA$-2.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Central African 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 412782300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$28.48 Million | % |
| Total Equity | CA$-679.76K | 100.00% |
Central African Gold Inc Competitors by Market Cap
The table below lists competitors of Central African Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PKNORLEN (PKY1.SG)
STU:PKY1
|
$280.17K |
|
Onfolio Holdings Inc. Warrant
NASDAQ:ONFOW
|
$280.49K |
|
ShinyBud Corp
V:SNYB
|
$280.55K |
|
MOSAIC
MU:02M
|
$280.83K |
|
MARUBENI CORP - Dusseldorf Stock Exchang
DU:MARA
|
$279.43K |
|
Artisan Consumer Goods Inc
PINK:ARRT
|
$279.39K |
|
Bridgepoint Group Plc
LSE:BPT
|
$279.39K |
|
Massachusetts Business Development Corp
PINK:MBDC
|
$279.24K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Central African Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -155,933 to -679,763, a change of -523,830.
- Net loss of 756,734 reduced equity.
- Other factors increased equity by 232,904.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-756.73K | -111.32% |
| Other Changes | CA$232.90K | +34.26% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Central African 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$-0.24 | CA$0.06 | x |
| 2020-12-31 | CA$-0.06 | CA$0.06 | x |
| 2021-12-31 | CA$0.00 | CA$0.06 | x |
| 2022-12-31 | CA$-0.01 | CA$0.06 | x |
| 2023-12-31 | CA$-0.03 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Central African Gold Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-70.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.86 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.22 Million |
| 2021 | -352.15% | 0.00% | 0.00x | 1.19x | CA$-745.09K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.18 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-688.76K |
Industry Comparison
This section compares Central African Gold Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Central African Gold Inc (CUCO) | CA$-679.76K | 0.00% | N/A | $279.45K |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |