Engineer Gold Mines Ltd (EAU) - Net Assets
Based on the latest financial reports, Engineer Gold Mines Ltd (EAU) has net assets worth CA$3.86 Million CAD as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.48 Million) and total liabilities (CA$619.11K). 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$3.86 Million |
| % of Total Assets | 86.17% |
| Annual Growth Rate | 16.07% |
| 5-Year Change | 22.67% |
| 10-Year Change | N/A |
| Growth Volatility | 27.7 |
Engineer Gold Mines Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Engineer Gold Mines 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 Engineer Gold Mines Ltd (2018–2024)
The table below shows the annual net assets of Engineer Gold Mines Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$3.91 Million | -4.80% |
| 2023-11-30 | CA$4.11 Million | -4.02% |
| 2022-11-30 | CA$4.28 Million | -4.26% |
| 2021-11-30 | CA$4.47 Million | +40.22% |
| 2020-11-30 | CA$3.19 Million | +17.87% |
| 2019-11-30 | CA$2.71 Million | +69.15% |
| 2018-11-30 | CA$1.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Engineer Gold Mines 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 285077000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$7.31 Million | 186.77% |
| Total Equity | CA$3.91 Million | 100.00% |
Engineer Gold Mines Ltd Competitors by Market Cap
The table below lists competitors of Engineer Gold Mines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CN Energy Group Inc
NASDAQ:CNEY
|
$2.55 Million |
|
Proteak Uno S.A.B. de C.V
MX:TEAKCPO
|
$2.55 Million |
|
Biosergen AS
ST:BIOSGN
|
$2.55 Million |
|
ZHENRO PROP.GRP DL-00001
F:1ZZ
|
$2.55 Million |
|
Ankit Metal & Power Limited
NSE:ANKITMETAL
|
$2.55 Million |
|
Pacific Resources Limited
AU:PXR
|
$2.55 Million |
|
Bathurst Metals Corp
V:BMV
|
$2.55 Million |
|
Mountain Boy Minerals Ltd
V:MTB
|
$2.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Engineer Gold Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,110,113 to 3,912,966, a change of -197,147 (-4.8%).
- Net loss of 197,147 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-197.15K | -5.04% |
| Total Change | CA$- | -4.80% |
Book Value vs Market Value Analysis
This analysis compares Engineer Gold Mines 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
- Current price-to-book ratio: 0.90x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.73x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-11-30 | CA$0.08 | CA$0.14 | x |
| 2019-11-30 | CA$0.08 | CA$0.14 | x |
| 2020-11-30 | CA$0.05 | CA$0.14 | x |
| 2021-11-30 | CA$0.05 | CA$0.14 | x |
| 2022-11-30 | CA$0.04 | CA$0.14 | x |
| 2023-11-30 | CA$0.16 | CA$0.14 | x |
| 2024-11-30 | CA$0.15 | CA$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Engineer Gold Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.15x
- Recent ROE (-5.04%) is above the historical average (-17.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -40.85% | 0.00% | 0.00x | 1.12x | CA$-813.58K |
| 2019 | -25.29% | 0.00% | 0.00x | 1.17x | CA$-954.98K |
| 2020 | -30.60% | 0.00% | 0.00x | 1.17x | CA$-1.30 Million |
| 2021 | -9.49% | 0.00% | 0.00x | 1.07x | CA$-871.84K |
| 2022 | -7.97% | 0.00% | 0.00x | 1.08x | CA$-769.52K |
| 2023 | -5.53% | 0.00% | 0.00x | 1.09x | CA$-638.33K |
| 2024 | -5.04% | 0.00% | 0.00x | 1.15x | CA$-588.44K |
Industry Comparison
This section compares Engineer Gold Mines Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Engineer Gold Mines Ltd (EAU) | CA$3.86 Million | -40.85% | 0.16x | $2.55 Million |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $20.44 Million | -35.77% | 0.45x | $3.68 Million |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $1.78 Million | -62.23% | 0.56x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $9.71 Million |
| Alkane Resources Limited (ALK) | $309.37 Million | 5.71% | 0.50x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-656.72K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $21.46 Million | -7.16% | 0.01x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.56 Million | -6.01% | 0.17x | $1.59 Million |
About Engineer Gold Mines Ltd
Engineer Gold Mines Ltd., an exploration stage junior mining company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold and silver deposits. Its flagship property is the Engineer Gold Mine property, which consists of 47 mineral exploration claims and 6 crown grants covering an area of approximately 14,… Read more