GFG Resources Inc (GFG) - Net Assets

Latest as of December 2025: CA$45.12 Million CAD

Based on the latest financial reports, GFG Resources Inc (GFG) has net assets worth CA$45.12 Million CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$47.39 Million) and total liabilities (CA$2.27 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$45.12 Million
% of Total Assets 95.2%
Annual Growth Rate 59.07%
5-Year Change -3.26%
10-Year Change N/A
Growth Volatility 81.32

GFG Resources Inc - Net Assets Trend (2013–2024)

This chart illustrates how GFG Resources 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 GFG Resources Inc (2013–2024)

The table below shows the annual net assets of GFG Resources Inc from 2013 to 2024.

Year Net Assets Change
2024-06-30 CA$33.71 Million +4.89%
2023-06-30 CA$32.14 Million -15.77%
2022-06-30 CA$38.15 Million +9.94%
2021-06-30 CA$34.71 Million -0.40%
2020-06-30 CA$34.84 Million +21.89%
2019-06-30 CA$28.58 Million +3.70%
2018-06-30 CA$27.56 Million +115.53%
2017-06-30 CA$12.79 Million +217.61%
2016-06-30 CA$4.03 Million +31947.30%
2015-06-30 CA$-12.64K -103.87%
2014-06-30 CA$326.68K +59.93%
2013-06-30 CA$204.26K --

Equity Component Analysis

This analysis shows how different components contribute to GFG Resources 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 2404725600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Other Components CA$57.89 Million 171.74%
Total Equity CA$33.71 Million 100.00%

GFG Resources Inc Competitors by Market Cap

The table below lists competitors of GFG Resources Inc ranked by their market capitalization.

Company Market Cap
Network-1 Technologies Inc
NYSE MKT:NTIP
 		$33.92 Million
Formetal Co. Ltd
KQ:119500
 		$33.92 Million
Digital Workforce Services Oyj
HE:DWF
 		$33.93 Million
Sangshin Electronics Co. Ltd
KQ:263810
 		$33.93 Million
Midland Exploration Inc
V:MD
 		$33.92 Million
S P V I Public Company Limited
BK:SPVI
 		$33.91 Million
FACB Industries Incorporated
KLSE:2984
 		$33.91 Million
Samwha Elec
KO:011230
 		$33.90 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in GFG Resources Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 32,135,990 to 33,707,266, a change of 1,571,276 (4.9%).
  • Net loss of 1,246,371 reduced equity.
  • New share issuances of 2,393,136 increased equity.
  • Other comprehensive income decreased equity by 2,477,618.
  • Other factors increased equity by 2,902,129.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-1.25 Million -3.7%
Share Issuances CA$2.39 Million +7.1%
Other Comprehensive Income CA$-2.48 Million -7.35%
Other Changes CA$2.90 Million +8.61%
Total Change CA$- 4.89%

Book Value vs Market Value Analysis

This analysis compares GFG Resources 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

  • Current price-to-book ratio: 1.11x
  • 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 0.94x to 1.11x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-06-30 CA$0.16 CA$0.16 x
2014-06-30 CA$0.26 CA$0.16 x
2015-06-30 CA$-0.01 CA$0.16 x
2016-06-30 CA$0.28 CA$0.16 x
2017-06-30 CA$0.31 CA$0.16 x
2018-06-30 CA$0.42 CA$0.16 x
2019-06-30 CA$0.31 CA$0.16 x
2020-06-30 CA$0.32 CA$0.16 x
2021-06-30 CA$0.26 CA$0.16 x
2022-06-30 CA$0.26 CA$0.16 x
2023-06-30 CA$0.18 CA$0.16 x
2024-06-30 CA$0.14 CA$0.16 x

Capital Efficiency Dashboard

This dashboard shows how efficiently GFG Resources 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): -3.70%
  • 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: 1.04x
  • Recent ROE (-3.70%) is above the historical average (-18.77%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -63.03% 0.00% 0.00x 1.10x CA$-149.17K
2014 -35.92% 0.00% 0.00x 1.11x CA$-150.00K
2015 0.00% 0.00% 0.00x 0.00x CA$-338.05K
2016 -33.26% 0.00% 0.00x 1.34x CA$-1.74 Million
2017 -35.33% 0.00% 0.00x 1.01x CA$-5.80 Million
2018 -8.39% 0.00% 0.00x 1.05x CA$-5.07 Million
2019 -3.08% 0.00% 0.00x 1.03x CA$-3.74 Million
2020 -2.32% 0.00% 0.00x 1.07x CA$-4.29 Million
2021 -1.13% 0.00% 0.00x 1.03x CA$-3.86 Million
2022 -2.25% 0.00% 0.00x 1.02x CA$-4.68 Million
2023 -36.87% 0.00% 0.00x 1.04x CA$-15.06 Million
2024 -3.70% 0.00% 0.00x 1.04x CA$-4.62 Million

Industry Comparison

This section compares GFG Resources Inc'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
GFG Resources Inc (GFG) CA$45.12 Million -63.03% 0.05x $33.92 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 GFG Resources Inc

V:GFG Canada Gold
Market Cap
$33.92 Million
CA$46.89 Million CAD
Market Cap Rank
#25961 Global
#787 in Canada
Share Price
CA$0.16
Change (1 day)
+3.33%
52-Week Range
CA$0.13 - CA$0.21
All Time High
CA$1.75
Categories
Companies in Canada Gold
About

GFG Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold deposits. The company holds interests in the Montclerg Gold Project, which comprises 5 patented mining claims and 110 lease claims, located in Ontario, Canada; the Pen Gold Project, covering approximately 475 square kilometers in Ontario, Canada; and the Dore… Read more