Galantas Gold Corp (GAL) - Net Assets
Based on the latest financial reports, Galantas Gold Corp (GAL) has net assets worth CA$4.04 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$7.94 Million) and total liabilities (CA$3.91 Million). 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$4.04 Million |
| % of Total Assets | 50.8% |
| Annual Growth Rate | 22.48% |
| 5-Year Change | -19.21% |
| 10-Year Change | 57.09% |
| Growth Volatility | 933.56 |
Galantas Gold Corp - Net Assets Trend (2001–2024)
This chart illustrates how Galantas Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Galantas Gold Corp (2001–2024)
The table below shows the annual net assets of Galantas Gold Corp from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$11.41 Million | +0.46% |
| 2023-12-31 | CA$11.36 Million | -22.82% |
| 2022-12-31 | CA$14.71 Million | -24.11% |
| 2021-12-31 | CA$19.39 Million | +37.30% |
| 2020-12-31 | CA$14.12 Million | -0.71% |
| 2019-12-31 | CA$14.22 Million | -10.20% |
| 2018-12-31 | CA$15.84 Million | +85.24% |
| 2017-12-31 | CA$8.55 Million | +30.17% |
| 2016-12-31 | CA$6.57 Million | -9.57% |
| 2015-12-31 | CA$7.26 Million | +43.91% |
| 2014-12-31 | CA$5.05 Million | -36.99% |
| 2013-12-31 | CA$8.01 Million | -12.37% |
| 2012-12-31 | CA$9.14 Million | +21.96% |
| 2011-12-31 | CA$7.50 Million | -20.79% |
| 2010-12-31 | CA$9.46 Million | +53.51% |
| 2009-12-31 | CA$6.16 Million | -49.68% |
| 2008-12-31 | CA$12.25 Million | -20.66% |
| 2007-12-31 | CA$15.44 Million | +15.00% |
| 2006-12-31 | CA$13.42 Million | +219.40% |
| 2005-12-31 | CA$4.20 Million | -16.00% |
| 2004-12-31 | CA$5.00 Million | -6.44% |
| 2003-12-31 | CA$5.35 Million | +6.20% |
| 2002-12-31 | CA$5.04 Million | +4583.11% |
| 2001-12-31 | CA$107.54K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Galantas 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 7199663200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$91.93 Million | 805.72% |
| Total Equity | CA$11.41 Million | 100.00% |
Galantas Gold Corp Competitors by Market Cap
The table below lists competitors of Galantas Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hoffmann Green Cement Technologies
PA:ALHGR
|
$76.35 Million |
|
Drilling Tools International Corp.
NASDAQ:DTI
|
$76.38 Million |
|
Aluma Infrastructure Fund 2020 Ltd
TA:ALUMA
|
$76.39 Million |
|
Popular Vehicles and Services Limited
NSE:PVSL
|
$76.43 Million |
|
Sun Max Tech Ltd
TW:6591
|
$76.31 Million |
|
V2 Retail Limited
NSE:V2RETAIL
|
$76.28 Million |
|
Samart Telcoms Public Company Limited
BK:SAMTEL
|
$76.28 Million |
|
Menon Bearings Limited
NSE:MENONBE
|
$76.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galantas Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,357,156 to 11,409,709, a change of 52,553 (0.5%).
- Net loss of 1,488,684 reduced equity.
- Other comprehensive income decreased equity by 18,579,466.
- Other factors increased equity by 20,120,703.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.49 Million | -13.05% |
| Other Comprehensive Income | CA$-18.58 Million | -162.84% |
| Other Changes | CA$20.12 Million | +176.35% |
| Total Change | CA$- | 0.46% |
Book Value vs Market Value Analysis
This analysis compares Galantas 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: 2.31x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.37x to 2.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$0.17 | CA$0.23 | x |
| 2002-12-31 | CA$7.02 | CA$0.23 | x |
| 2003-12-31 | CA$3.34 | CA$0.23 | x |
| 2004-12-31 | CA$2.82 | CA$0.23 | x |
| 2005-12-31 | CA$1.66 | CA$0.23 | x |
| 2006-12-31 | CA$4.60 | CA$0.23 | x |
| 2007-12-31 | CA$4.57 | CA$0.23 | x |
| 2008-12-31 | CA$3.48 | CA$0.23 | x |
| 2009-12-31 | CA$1.62 | CA$0.23 | x |
| 2010-12-31 | CA$2.22 | CA$0.23 | x |
| 2011-12-31 | CA$1.59 | CA$0.23 | x |
| 2012-12-31 | CA$1.85 | CA$0.23 | x |
| 2013-12-31 | CA$1.56 | CA$0.23 | x |
| 2014-12-31 | CA$0.75 | CA$0.23 | x |
| 2015-12-31 | CA$0.77 | CA$0.23 | x |
| 2016-12-31 | CA$0.53 | CA$0.23 | x |
| 2017-12-31 | CA$0.52 | CA$0.23 | x |
| 2018-12-31 | CA$0.80 | CA$0.23 | x |
| 2019-12-31 | CA$0.46 | CA$0.23 | x |
| 2020-12-31 | CA$0.41 | CA$0.23 | x |
| 2021-12-31 | CA$0.30 | CA$0.23 | x |
| 2022-12-31 | CA$0.16 | CA$0.23 | x |
| 2023-12-31 | CA$0.10 | CA$0.23 | x |
| 2024-12-31 | CA$0.10 | CA$0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galantas Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.16x
- Recent ROE (-13.05%) is above the historical average (-38.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -253.90% | 0.00% | 0.00x | 4.94x | CA$-283.80K |
| 2002 | -7.42% | -390.15% | 0.02x | 1.10x | CA$-877.06K |
| 2003 | -12.64% | -300.62% | 0.04x | 1.15x | CA$-1.21 Million |
| 2004 | -23.72% | -674.88% | 0.03x | 1.11x | CA$-1.69 Million |
| 2005 | -0.45% | -79.17% | 0.01x | 1.11x | CA$-439.30K |
| 2006 | -7.41% | -2185.00% | 0.00x | 1.16x | CA$-2.34 Million |
| 2007 | -14.04% | -331.23% | 0.03x | 1.32x | CA$-3.71 Million |
| 2008 | -20.01% | -55.66% | 0.24x | 1.50x | CA$-3.68 Million |
| 2009 | -103.21% | -117.59% | 0.45x | 1.94x | CA$-6.98 Million |
| 2010 | 10.41% | 14.42% | 0.49x | 1.48x | CA$39.05K |
| 2011 | 21.49% | 16.97% | 0.67x | 1.88x | CA$861.46K |
| 2012 | -6.50% | -12.75% | 0.33x | 1.53x | CA$-1.51 Million |
| 2013 | -24.27% | -126.96% | 0.11x | 1.67x | CA$-2.75 Million |
| 2014 | -104.31% | -63186.83% | 0.00x | 1.97x | CA$-5.77 Million |
| 2015 | -24.69% | -2213.98% | 0.01x | 1.86x | CA$-2.52 Million |
| 2016 | -24.56% | -2178.13% | 0.01x | 1.66x | CA$-2.27 Million |
| 2017 | -24.31% | -5885.75% | 0.00x | 1.61x | CA$-2.93 Million |
| 2018 | -18.22% | -4050.13% | 0.00x | 1.53x | CA$-4.47 Million |
| 2019 | -25.06% | -61586.20% | 0.00x | 1.74x | CA$-4.99 Million |
| 2020 | -22.86% | 0.00% | 0.00x | 1.68x | CA$-4.64 Million |
| 2021 | -27.26% | 0.00% | 0.00x | 1.56x | CA$-7.22 Million |
| 2022 | -113.04% | 0.00% | 0.00x | 2.06x | CA$-18.11 Million |
| 2023 | -75.44% | 0.00% | 0.00x | 2.87x | CA$-9.70 Million |
| 2024 | -13.05% | 0.00% | 0.00x | 3.16x | CA$-2.63 Million |
Industry Comparison
This section compares Galantas Gold Corp'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 |
|---|---|---|---|---|
| Galantas Gold Corp (GAL) | CA$4.04 Million | -253.90% | 0.97x | $76.35 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 Galantas Gold Corp
Galantas Gold Corporation engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, zinc, copper, and lead deposits. The company owns and operates the Omagh Gold Project, which covers an area of 189 square kilometers located in Northern Ireland. It also has an option agreement to acquire a 100% interest in the Gairloch Project, covering 217 squa… Read more