Goldbank Mining Corp (GLB) - Net Assets
Based on the latest financial reports, Goldbank Mining Corp (GLB) has net assets worth CA$-10.64 Million CAD (≈ $-7.70 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.38 Million ≈ $5.34 Million USD) and total liabilities (CA$18.02 Million ≈ $13.04 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Goldbank Mining Corp asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-10.64 Million |
| % of Total Assets | -144.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Goldbank Mining Corp - Net Assets Trend (2013–2025)
This chart illustrates how Goldbank Mining Corp's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Goldbank Mining Corp to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Goldbank Mining Corp (2013–2025)
The table below shows the annual net assets of Goldbank Mining Corp from 2013 to 2025. For live valuation and market cap data, see GLB market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$-9.98 Million ≈ $-7.22 Million |
-38.50% |
| 2024-12-31 | CA$-7.21 Million ≈ $-5.21 Million |
-18.18% |
| 2023-12-31 | CA$-6.10 Million ≈ $-4.41 Million |
+1.87% |
| 2022-12-31 | CA$-6.22 Million ≈ $-4.50 Million |
-5.52% |
| 2021-12-31 | CA$-5.89 Million ≈ $-4.26 Million |
-45.35% |
| 2020-12-31 | CA$-4.05 Million ≈ $-2.93 Million |
-22.67% |
| 2019-12-31 | CA$-3.30 Million ≈ $-2.39 Million |
+6.56% |
| 2018-12-31 | CA$-3.54 Million ≈ $-2.56 Million |
-90.69% |
| 2017-12-31 | CA$-1.85 Million ≈ $-1.34 Million |
+21.59% |
| 2016-12-31 | CA$-2.36 Million ≈ $-1.71 Million |
-89.93% |
| 2015-12-31 | CA$-1.24 Million ≈ $-900.49K |
-386.82% |
| 2014-12-31 | CA$-255.71K ≈ $-184.97K |
-151.15% |
| 2013-12-31 | CA$499.91K ≈ $361.63K |
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Equity Component Analysis
This analysis shows how different components contribute to Goldbank Mining 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 2531579000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$36.32 Million | % |
| Total Equity | CA$-9.98 Million | 100.00% |
Goldbank Mining Corp Competitors by Market Cap
The table below lists competitors of Goldbank Mining Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Culp, Inc. Common Stock
NYSE:CULP
|
$34.82 Million |
|
INmune Bio Inc
NASDAQ:INMB
|
$34.83 Million |
|
Cranswick PLC
LSE:CWK
|
$34.83 Million |
|
Koss Corporation
NASDAQ:KOSS
|
$34.84 Million |
|
Ekadharma International Tbk
JK:EKAD
|
$34.80 Million |
|
Turism Hotelur
RO:EFO
|
$34.79 Million |
|
Sprintex Ltd
AU:SIX
|
$34.78 Million |
|
Star Equity Holdings Inc
NASDAQ:STRR
|
$34.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goldbank Mining Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -7,207,833 to -9,983,068, a change of -2,775,235.
- Net loss of 6,128,858 reduced equity.
- Other factors increased equity by 3,353,623.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-6.13 Million | -61.39% |
| Other Changes | CA$3.35 Million | +33.59% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Goldbank Mining 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-0.03 | CA$0.25 | x |
| 2018-12-31 | CA$-0.05 | CA$0.25 | x |
| 2019-12-31 | CA$-0.04 | CA$0.25 | x |
| 2020-12-31 | CA$-0.05 | CA$0.25 | x |
| 2021-12-31 | CA$-0.07 | CA$0.25 | x |
| 2022-12-31 | CA$-0.05 | CA$0.25 | x |
| 2023-12-31 | CA$-0.04 | CA$0.25 | x |
| 2024-12-31 | CA$-0.04 | CA$0.25 | x |
| 2025-12-31 | CA$-0.05 | CA$0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goldbank Mining Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -152.23% | 0.00% | 0.00x | 7.25x | CA$-811.01K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-890.05K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.15 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.31 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.49 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.78 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-404.17K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-834.23K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.25 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.80 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.25 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.82 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-5.13 Million |
Industry Comparison
This section compares Goldbank Mining Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $396,295,548
- Average return on equity (ROE) among peers: -11.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goldbank Mining Corp (GLB) | CA$-10.64 Million | -152.23% | N/A | $34.82 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $2.30 Billion |
| Abcourt Mines Inc. (ABI) | $268.03K | -8.21% | 0.05x | $60.24 Million |
| Barrick Gold Corp (ABX) | $3.50 Billion | 6.23% | 0.29x | $62.35 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $126.31 Million |
| Agnico Eagle Mines Limited (AEM) | $127.14 Million | 11.88% | 1.22x | $73.62 Billion |
| Alamos Gold Inc (AGI) | $179.71 Million | 16.35% | 0.16x | $11.83 Billion |
| AIS Resources Ltd (AIS) | $710.09K | -3.25% | 0.03x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $1.96 Million |
| Altamira Gold Corp (ALTA) | $15.01 Million | -10.64% | 0.03x | $36.48 Million |
| Almaden Minerals Ltd (AMM) | $27.26 Million | -3.85% | 0.03x | $24.82 Million |
About Goldbank Mining Corp
Goldbank Mining Corporation operates as a resource property exploration and development company. It primarily explores for gold deposits. The company holds a 100% interest in the Leota gold project, a block of hard rock mining claims of gold properties located in the Klondike region of the Yukon Territory, Canada; and the Hasenfuss Quartz mineral claims situated in the Klondike, Yukon. The compan… Read more