Goldcliff Resource Corp (GCN) - Net Assets
Based on the latest financial reports, Goldcliff Resource Corp (GCN) has net assets worth CA$724.28K CAD as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.87 Million) and total liabilities (CA$1.15 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$724.28K |
| % of Total Assets | 38.64% |
| Annual Growth Rate | -3.86% |
| 5-Year Change | -69.13% |
| 10-Year Change | -57.37% |
| Growth Volatility | 609.47 |
Goldcliff Resource Corp - Net Assets Trend (2001–2025)
This chart illustrates how Goldcliff Resource 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 Goldcliff Resource Corp (2001–2025)
The table below shows the annual net assets of Goldcliff Resource Corp from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | CA$401.40K | -23.05% |
| 2024-10-31 | CA$521.65K | -16.95% |
| 2023-10-31 | CA$628.09K | +2.01% |
| 2022-10-31 | CA$615.71K | -52.64% |
| 2021-10-31 | CA$1.30 Million | -23.21% |
| 2020-10-31 | CA$1.69 Million | +31.26% |
| 2019-10-31 | CA$1.29 Million | +2783.14% |
| 2018-10-31 | CA$44.74K | -80.16% |
| 2017-10-31 | CA$225.48K | -76.05% |
| 2016-10-31 | CA$941.58K | +261.33% |
| 2015-10-31 | CA$-583.65K | -17.55% |
| 2014-10-31 | CA$-496.50K | -39.32% |
| 2013-10-31 | CA$-356.38K | -24.65% |
| 2012-10-31 | CA$-285.92K | -104.34% |
| 2011-10-31 | CA$6.59 Million | +11.97% |
| 2010-10-31 | CA$5.88 Million | -1.80% |
| 2009-10-31 | CA$5.99 Million | +19.57% |
| 2008-10-31 | CA$5.01 Million | +0.86% |
| 2007-10-31 | CA$4.97 Million | +36.66% |
| 2006-10-31 | CA$3.63 Million | +60.27% |
| 2005-10-31 | CA$2.27 Million | +22.01% |
| 2004-10-31 | CA$1.86 Million | +36.53% |
| 2003-10-31 | CA$1.36 Million | +8.49% |
| 2002-10-31 | CA$1.25 Million | +21.47% |
| 2001-10-31 | CA$1.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goldcliff Resource 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 1865530900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$20.70 Million | 5157.58% |
| Total Equity | CA$401.40K | 100.00% |
Goldcliff Resource Corp Competitors by Market Cap
The table below lists competitors of Goldcliff Resource Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BioRestorative Therapies Inc
NASDAQ:BRTX
|
$2.34 Million |
|
Hall of Fame Resort Entertainment Co
NASDAQ:HOFV
|
$2.35 Million |
|
Vp plc
LSE:VP
|
$2.35 Million |
|
Diverse Income Trust Ord
LSE:DIVI
|
$2.35 Million |
|
Pambili Natural Resources Corporation
V:PNN
|
$2.34 Million |
|
Sure-Tech Investments LP
TA:STEC
|
$2.33 Million |
|
Rallye SA
PA:RAL
|
$2.33 Million |
|
Venerable Ventures Ltd
V:VLV
|
$2.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goldcliff Resource Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 521,654 to 401,400, a change of -120,254 (-23.1%).
- Net loss of 361,301 reduced equity.
- New share issuances of 344,500 increased equity.
- Other factors decreased equity by 103,453.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-361.30K | -90.01% |
| Share Issuances | CA$344.50K | +85.82% |
| Other Changes | CA$-103.45K | -25.77% |
| Total Change | CA$- | -23.05% |
Book Value vs Market Value Analysis
This analysis compares Goldcliff Resource 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: 7.63x
- 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 0.04x to 7.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-10-31 | CA$1.08 | CA$0.04 | x |
| 2002-10-31 | CA$1.01 | CA$0.04 | x |
| 2003-10-31 | CA$0.90 | CA$0.04 | x |
| 2004-10-31 | CA$0.75 | CA$0.04 | x |
| 2005-10-31 | CA$0.80 | CA$0.04 | x |
| 2006-10-31 | CA$1.11 | CA$0.04 | x |
| 2007-10-31 | CA$1.27 | CA$0.04 | x |
| 2008-10-31 | CA$1.12 | CA$0.04 | x |
| 2009-10-31 | CA$1.03 | CA$0.04 | x |
| 2010-10-31 | CA$0.82 | CA$0.04 | x |
| 2011-10-31 | CA$0.75 | CA$0.04 | x |
| 2012-10-31 | CA$-0.03 | CA$0.04 | x |
| 2013-10-31 | CA$-0.04 | CA$0.04 | x |
| 2014-10-31 | CA$-0.05 | CA$0.04 | x |
| 2015-10-31 | CA$-0.06 | CA$0.04 | x |
| 2016-10-31 | CA$0.09 | CA$0.04 | x |
| 2017-10-31 | CA$0.01 | CA$0.04 | x |
| 2018-10-31 | CA$0.00 | CA$0.04 | x |
| 2019-10-31 | CA$0.05 | CA$0.04 | x |
| 2020-10-31 | CA$0.04 | CA$0.04 | x |
| 2021-10-31 | CA$0.03 | CA$0.04 | x |
| 2022-10-31 | CA$0.01 | CA$0.04 | x |
| 2023-10-31 | CA$0.01 | CA$0.04 | x |
| 2024-10-31 | CA$0.01 | CA$0.04 | x |
| 2025-10-31 | CA$0.01 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goldcliff Resource Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -90.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.98x
- Recent ROE (-90.01%) is below the historical average (-69.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -5.54% | 0.00% | 0.00x | 1.07x | CA$-160.53K |
| 2002 | -7.23% | 0.00% | 0.00x | 1.09x | CA$-216.18K |
| 2003 | -93.35% | 0.00% | 0.00x | 1.11x | CA$-1.41 Million |
| 2004 | -8.82% | 0.00% | 0.00x | 1.10x | CA$-349.69K |
| 2005 | -1.59% | 0.00% | 0.00x | 1.01x | CA$-262.70K |
| 2006 | -5.38% | 0.00% | 0.00x | 1.02x | CA$-559.06K |
| 2007 | -5.35% | 0.00% | 0.00x | 1.03x | CA$-762.55K |
| 2008 | -13.81% | 0.00% | 0.00x | 1.13x | CA$-1.19 Million |
| 2009 | -7.92% | 0.00% | 0.00x | 1.08x | CA$-1.07 Million |
| 2010 | -10.57% | 0.00% | 0.00x | 1.11x | CA$-1.21 Million |
| 2011 | -7.42% | 0.00% | 0.00x | 1.16x | CA$-1.15 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-578.06K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-304.01K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-256.19K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-53.79K |
| 2016 | -20.72% | -81.82% | 0.22x | 1.15x | CA$-289.26K |
| 2017 | -502.42% | 0.00% | 0.00x | 2.21x | CA$-1.16 Million |
| 2018 | -462.27% | 0.00% | 0.00x | 11.58x | CA$-211.28K |
| 2019 | -65.16% | 0.00% | 0.00x | 1.09x | CA$-969.47K |
| 2020 | -55.17% | 0.00% | 0.00x | 1.09x | CA$-1.10 Million |
| 2021 | -62.59% | 0.00% | 0.00x | 1.07x | CA$-943.68K |
| 2022 | -201.05% | 0.00% | 0.00x | 1.39x | CA$-1.30 Million |
| 2023 | -57.93% | 0.00% | 0.00x | 1.47x | CA$-426.66K |
| 2024 | -55.12% | 0.00% | 0.00x | 2.29x | CA$-339.72K |
| 2025 | -90.01% | 0.00% | 0.00x | 3.98x | CA$-401.44K |
Industry Comparison
This section compares Goldcliff Resource Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,011,639
- Average return on equity (ROE) among peers: -23.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goldcliff Resource Corp (GCN) | CA$724.28K | -5.54% | 1.59x | $2.34 Million |
| Abcourt Mines Inc. (ABI) | $27.66 Million | -3.28% | 0.35x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $13.38 Million | -3.65% | 0.02x | $3.68 Million |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $518.31K | -0.04% | 0.11x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $-251.88K | 0.00% | 0.00x | $9.71 Million |
| Alkane Resources Limited (ALK) | $191.56 Million | 29.08% | 0.23x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $822.20K | -78.33% | 0.24x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.98 Million | -5.17% | 0.10x | $1.59 Million |
About Goldcliff Resource Corp
Goldcliff Resource Corporation engages in the acquisition, evaluation, and exploration of assets in Canada and the United States. It primarily explores gold, silver, and copper deposits. The company holds interests in the Ainsworth silver project located in the Ainsworth-Kaslo silver camp, Kootenay mining district, Slocan Mining Division, British Columbia; Panorama Ridge project located in the He… Read more