Endurance Gold Corp (EDG) - Net Assets
Based on the latest financial reports, Endurance Gold Corp (EDG) has net assets worth CA$17.29 Million CAD (≈ $12.51 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$17.98 Million ≈ $13.00 Million USD) and total liabilities (CA$687.19K ≈ $497.10K USD). 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. Check tangible net worth ratio of Endurance Gold Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$17.29 Million |
| % of Total Assets | 96.18% |
| Annual Growth Rate | 11.23% |
| 5-Year Change | 135.5% |
| 10-Year Change | 273.49% |
| Growth Volatility | 33.0 |
Endurance Gold Corp - Net Assets Trend (2005–2024)
This chart illustrates how Endurance Gold Corp's net assets have evolved over time, based on quarterly financial data. See Endurance Gold Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Endurance Gold Corp (2005–2024)
The table below shows the annual net assets of Endurance Gold Corp from 2005 to 2024. For live valuation and market cap data, see market value of Endurance Gold Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$16.73 Million ≈ $12.11 Million |
+39.73% |
| 2023-12-31 | CA$11.98 Million ≈ $8.66 Million |
+1.31% |
| 2022-12-31 | CA$11.82 Million ≈ $8.55 Million |
+62.02% |
| 2021-12-31 | CA$7.30 Million ≈ $5.28 Million |
+2.69% |
| 2020-12-31 | CA$7.11 Million ≈ $5.14 Million |
+46.52% |
| 2019-12-31 | CA$4.85 Million ≈ $3.51 Million |
-2.96% |
| 2018-12-31 | CA$5.00 Million ≈ $3.62 Million |
-44.90% |
| 2017-12-31 | CA$9.07 Million ≈ $6.56 Million |
+17.46% |
| 2016-12-31 | CA$7.72 Million ≈ $5.59 Million |
+72.35% |
| 2015-12-31 | CA$4.48 Million ≈ $3.24 Million |
+2.61% |
| 2014-12-31 | CA$4.37 Million ≈ $3.16 Million |
+29.01% |
| 2013-12-31 | CA$3.38 Million ≈ $2.45 Million |
+16.49% |
| 2012-12-31 | CA$2.91 Million ≈ $2.10 Million |
+7.61% |
| 2011-12-31 | CA$2.70 Million ≈ $1.95 Million |
-5.29% |
| 2010-12-31 | CA$2.85 Million ≈ $2.06 Million |
+19.39% |
| 2009-12-31 | CA$2.39 Million ≈ $1.73 Million |
+42.46% |
| 2008-12-31 | CA$1.68 Million ≈ $1.21 Million |
-54.58% |
| 2007-12-31 | CA$3.69 Million ≈ $2.67 Million |
+67.19% |
| 2006-12-31 | CA$2.21 Million ≈ $1.60 Million |
-0.44% |
| 2005-12-31 | CA$2.22 Million ≈ $1.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Endurance 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 1139482600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$28.71 Million | 171.58% |
| Total Equity | CA$16.73 Million | 100.00% |
Endurance Gold Corp Competitors by Market Cap
The table below lists competitors of Endurance Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hydrogene De France SA
PA:HDF
|
$56.77 Million |
|
Stefstock
JSE:SSK
|
$56.80 Million |
|
Uzma Bhd
KLSE:7250
|
$56.80 Million |
|
Boom Logistics Ltd
AU:BOL
|
$56.80 Million |
|
Flanigans Enterprises Inc
NYSE MKT:BDL
|
$56.74 Million |
|
KUYA SILVER CORP.
F:6MR1
|
$56.73 Million |
|
IXAQF
NASDAQ:IXAQF
|
$56.72 Million |
|
Aquila European Renewables Income PLC
LSE:AERI
|
$56.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Endurance Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,976,969 to 16,734,854, a change of 4,757,885 (39.7%).
- Net loss of 330,144 reduced equity.
- New share issuances of 4,105,000 increased equity.
- Other comprehensive income decreased equity by 3,507,164.
- Other factors increased equity by 4,490,193.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-330.14K | -1.97% |
| Share Issuances | CA$4.11 Million | +24.53% |
| Other Comprehensive Income | CA$-3.51 Million | -20.96% |
| Other Changes | CA$4.49 Million | +26.83% |
| Total Change | CA$- | 39.73% |
Book Value vs Market Value Analysis
This analysis compares Endurance 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: 4.69x
- 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 increased from 2.38x to 4.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$0.19 | CA$0.45 | x |
| 2006-12-31 | CA$0.13 | CA$0.45 | x |
| 2007-12-31 | CA$0.15 | CA$0.45 | x |
| 2008-12-31 | CA$0.06 | CA$0.45 | x |
| 2009-12-31 | CA$0.07 | CA$0.45 | x |
| 2010-12-31 | CA$0.06 | CA$0.45 | x |
| 2011-12-31 | CA$0.05 | CA$0.45 | x |
| 2012-12-31 | CA$0.06 | CA$0.45 | x |
| 2013-12-31 | CA$0.05 | CA$0.45 | x |
| 2014-12-31 | CA$0.06 | CA$0.45 | x |
| 2015-12-31 | CA$0.05 | CA$0.45 | x |
| 2016-12-31 | CA$0.08 | CA$0.45 | x |
| 2017-12-31 | CA$0.09 | CA$0.45 | x |
| 2018-12-31 | CA$0.05 | CA$0.45 | x |
| 2019-12-31 | CA$0.04 | CA$0.45 | x |
| 2020-12-31 | CA$0.06 | CA$0.45 | x |
| 2021-12-31 | CA$0.06 | CA$0.45 | x |
| 2022-12-31 | CA$0.09 | CA$0.45 | x |
| 2023-12-31 | CA$0.08 | CA$0.45 | x |
| 2024-12-31 | CA$0.09 | CA$0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Endurance Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-1.97%) is above the historical average (-17.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -19.61% | 0.00% | 0.00x | 1.01x | CA$-656.40K |
| 2006 | 3.59% | 0.00% | 0.00x | 1.06x | CA$-141.57K |
| 2007 | -4.14% | 0.00% | 0.00x | 1.09x | CA$-521.62K |
| 2008 | -120.82% | 0.00% | 0.00x | 1.03x | CA$-2.19 Million |
| 2009 | -13.28% | 0.00% | 0.00x | 1.01x | CA$-555.90K |
| 2010 | -13.14% | 0.00% | 0.00x | 1.01x | CA$-659.64K |
| 2011 | -39.94% | 0.00% | 0.00x | 1.04x | CA$-1.35 Million |
| 2012 | -11.84% | 0.00% | 0.00x | 1.05x | CA$-634.59K |
| 2013 | -8.15% | 0.00% | 0.00x | 1.02x | CA$-614.26K |
| 2014 | -13.55% | 0.00% | 0.00x | 1.01x | CA$-1.03 Million |
| 2015 | -4.96% | 0.00% | 0.00x | 1.03x | CA$-670.36K |
| 2016 | 35.75% | 0.00% | 0.00x | 1.02x | CA$1.99 Million |
| 2017 | 11.65% | 0.00% | 0.00x | 1.01x | CA$149.44K |
| 2018 | -88.33% | 0.00% | 0.00x | 1.02x | CA$-4.91 Million |
| 2019 | -5.13% | 0.00% | 0.00x | 1.04x | CA$-733.62K |
| 2020 | 21.85% | 0.00% | 0.00x | 1.03x | CA$841.89K |
| 2021 | -41.42% | 0.00% | 0.00x | 1.04x | CA$-3.75 Million |
| 2022 | -19.64% | 0.00% | 0.00x | 1.01x | CA$-3.50 Million |
| 2023 | -9.28% | 0.00% | 0.00x | 1.02x | CA$-2.31 Million |
| 2024 | -1.97% | 0.00% | 0.00x | 1.01x | CA$-2.00 Million |
Industry Comparison
This section compares Endurance Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,001,586,753
- Average return on equity (ROE) among peers: -19.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Endurance Gold Corp (EDG) | CA$17.29 Million | -19.61% | 0.04x | $56.75 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $3.28 Billion |
| Abcourt Mines Inc. (ABI) | $9.01 Million | -0.50% | 0.05x | $60.24 Million |
| Barrick Gold Corp (ABX) | $3.59 Billion | 8.38% | 0.30x | $68.10 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $129.43 Million |
| Agnico Eagle Mines Limited (AEM) | $3.22 Billion | -17.69% | 0.56x | $83.66 Billion |
| Alamos Gold Inc (AGI) | $2.74 Billion | -2.44% | 0.32x | $12.73 Billion |
| AIS Resources Ltd (AIS) | $676.10K | 6.54% | 0.11x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-3.11 Million | 0.00% | 0.00x | $1.90 Million |
| Altamira Gold Corp (ALTA) | $1.70 Million | -35.22% | 0.08x | $36.46 Million |
| Almaden Minerals Ltd (AMM) | $45.22 Million | -8.90% | 0.05x | $24.82 Million |
About Endurance Gold Corp
Endurance Gold Corporation engages in the exploration and development of mineral properties in North America. It primarily explores for gold, copper, niobium, and nickel deposits, as well as rare earth elements. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.