Granada Gold Mine Inc (GGM) - Net Assets
Based on the latest financial reports, Granada Gold Mine Inc (GGM) has net assets worth CA$-13.96 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$566.77K) and total liabilities (CA$14.53 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-13.96 Million |
| % of Total Assets | -2463.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 148.43 |
Granada Gold Mine Inc - Net Assets Trend (1999–2025)
This chart illustrates how Granada Gold Mine 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 Granada Gold Mine Inc (1999–2025)
The table below shows the annual net assets of Granada Gold Mine Inc from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | CA$-13.64 Million | -11.64% |
| 2024-06-30 | CA$-12.22 Million | -16.95% |
| 2023-06-30 | CA$-10.45 Million | -37.52% |
| 2022-06-30 | CA$-7.60 Million | -35.60% |
| 2021-06-30 | CA$-5.60 Million | +22.92% |
| 2020-06-30 | CA$-7.27 Million | -17.34% |
| 2019-06-30 | CA$-6.19 Million | -327.80% |
| 2018-06-30 | CA$-1.45 Million | +48.11% |
| 2017-06-30 | CA$-2.79 Million | +10.43% |
| 2016-06-30 | CA$-3.11 Million | +5.83% |
| 2015-06-30 | CA$-3.31 Million | -21.12% |
| 2014-06-30 | CA$-2.73 Million | -303.12% |
| 2013-06-30 | CA$1.34 Million | -33.44% |
| 2012-06-30 | CA$2.02 Million | -68.28% |
| 2011-06-30 | CA$6.37 Million | +30.14% |
| 2010-06-30 | CA$4.89 Million | +115.77% |
| 2009-06-30 | CA$2.27 Million | +5.36% |
| 2008-06-30 | CA$2.15 Million | -34.97% |
| 2007-06-30 | CA$3.31 Million | +299.75% |
| 2006-06-30 | CA$827.75K | +83.20% |
| 2005-06-30 | CA$451.83K | +460.00% |
| 2004-06-30 | CA$-125.51K | +41.51% |
| 2003-06-30 | CA$-214.59K | +74.17% |
| 2002-06-30 | CA$-830.75K | -228.69% |
| 2001-06-30 | CA$645.54K | -76.26% |
| 2000-06-30 | CA$2.72 Million | -37.53% |
| 1999-06-30 | CA$4.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Granada Gold Mine 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 8197794500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$74.48 Million | % |
| Total Equity | CA$-13.64 Million | 100.00% |
Granada Gold Mine Inc Competitors by Market Cap
The table below lists competitors of Granada Gold Mine Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ADUX S.A. EO -25
F:HJMA
|
$9.87 Million |
|
Viet Brand Invest JSC
VN:ABR
|
$9.88 Million |
|
RZLC11
SA:RZLC11
|
$9.88 Million |
|
Daekyo Co Ltd
KO:019685
|
$9.89 Million |
|
CWG Holdings Bhd
KLSE:9423
|
$9.86 Million |
|
Binasat Communications Bhd
KLSE:0195
|
$9.86 Million |
|
Xstate Resources Ltd
AU:XST
|
$9.86 Million |
|
ITM Power
LSE:ITM
|
$9.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Granada Gold Mine Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -12,215,315 to -13,637,317, a change of -1,422,002.
- Net loss of 1,822,770 reduced equity.
- New share issuances of 200,000 increased equity.
- Other factors increased equity by 200,768.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.82 Million | -13.37% |
| Share Issuances | CA$200.00K | +1.47% |
| Other Changes | CA$200.77K | +1.47% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Granada Gold Mine 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-06-30 | CA$18.40 | CA$0.06 | x |
| 2000-06-30 | CA$10.00 | CA$0.06 | x |
| 2001-06-30 | CA$2.03 | CA$0.06 | x |
| 2002-06-30 | CA$-2.58 | CA$0.06 | x |
| 2003-06-30 | CA$-0.53 | CA$0.06 | x |
| 2004-06-30 | CA$-0.24 | CA$0.06 | x |
| 2005-06-30 | CA$0.52 | CA$0.06 | x |
| 2006-06-30 | CA$0.60 | CA$0.06 | x |
| 2007-06-30 | CA$0.99 | CA$0.06 | x |
| 2008-06-30 | CA$0.40 | CA$0.06 | x |
| 2009-06-30 | CA$0.31 | CA$0.06 | x |
| 2010-06-30 | CA$0.49 | CA$0.06 | x |
| 2011-06-30 | CA$0.35 | CA$0.06 | x |
| 2012-06-30 | CA$0.09 | CA$0.06 | x |
| 2013-06-30 | CA$0.05 | CA$0.06 | x |
| 2014-06-30 | CA$-0.09 | CA$0.06 | x |
| 2015-06-30 | CA$-0.09 | CA$0.06 | x |
| 2016-06-30 | CA$-0.08 | CA$0.06 | x |
| 2017-06-30 | CA$-0.06 | CA$0.06 | x |
| 2018-06-30 | CA$-0.03 | CA$0.06 | x |
| 2019-06-30 | CA$-0.09 | CA$0.06 | x |
| 2020-06-30 | CA$-0.09 | CA$0.06 | x |
| 2021-06-30 | CA$-0.05 | CA$0.06 | x |
| 2022-06-30 | CA$-0.06 | CA$0.06 | x |
| 2023-06-30 | CA$-0.07 | CA$0.06 | x |
| 2024-06-30 | CA$-0.08 | CA$0.06 | x |
| 2025-06-30 | CA$-0.08 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Granada Gold Mine Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-71.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -39.13% | 0.00% | 0.00x | 1.19x | CA$-2.14 Million |
| 2000 | -80.03% | 0.00% | 0.00x | 1.33x | CA$-2.45 Million |
| 2001 | -385.62% | 0.00% | 0.00x | 2.53x | CA$-2.55 Million |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.52 Million |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$83.41K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-243.75K |
| 2005 | -128.15% | 0.00% | 0.00x | 1.46x | CA$-624.22K |
| 2006 | -49.09% | 0.00% | 0.00x | 1.79x | CA$-489.10K |
| 2007 | -57.56% | 0.00% | 0.00x | 1.17x | CA$-2.24 Million |
| 2008 | -83.78% | 0.00% | 0.00x | 1.29x | CA$-2.02 Million |
| 2009 | -17.85% | 0.00% | 0.00x | 1.24x | CA$-631.46K |
| 2010 | -87.39% | 0.00% | 0.00x | 1.16x | CA$-4.76 Million |
| 2011 | -262.94% | 0.00% | 0.00x | 1.52x | CA$-17.38 Million |
| 2012 | -538.94% | 0.00% | 0.00x | 3.53x | CA$-11.09 Million |
| 2013 | -196.18% | 0.00% | 0.00x | 2.02x | CA$-2.77 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-5.24 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.80 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.75 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.78 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-80.74K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.95 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.98 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.07 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.32 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.83 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-708.20K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-459.04K |
Industry Comparison
This section compares Granada Gold Mine Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,011,639
- Average return on equity (ROE) among peers: -23.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Granada Gold Mine Inc (GGM) | CA$-13.96 Million | -39.13% | N/A | $9.86 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 Granada Gold Mine Inc
Granada Gold Mine Inc., a junior mining and exploration company, acquires, explores, and develops mineral properties in Canada. The company explores for gold deposits. It holds 100% interest in Granada gold property, which covers an area of approximately 14.73 square kilometers of land in a combination of mining leases and claims located in Rouyn-Noranda, Quebec. The company was formerly known as… Read more