Goldbank Mining Corp (GLB) - Net Assets

Latest as of September 2025: CA$-9.45 Million CAD ≈ $-6.84 Million USD

Based on the latest financial reports, Goldbank Mining Corp (GLB) has net assets worth CA$-9.45 Million CAD (≈ $-6.84 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$6.76 Million ≈ $4.89 Million USD) and total liabilities (CA$16.21 Million ≈ $11.73 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. Check Goldbank Mining Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-9.45 Million
% of Total Assets	-139.88%
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 (2013–2024)

This chart illustrates how Goldbank Mining Corp's net assets have evolved over time, based on quarterly financial data. Also explore Goldbank Mining Corp assets under control for the complete picture of this company's asset base.

Annual Net Assets for Goldbank Mining Corp (2013–2024)

The table below shows the annual net assets of Goldbank Mining Corp from 2013 to 2024. For live valuation and market cap data, see GLB market cap.

Year	Net Assets	Change
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	--

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 1918693400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$32.96 Million	%
Total Equity	CA$-7.21 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
OT Logistics S.A WAR:OTS	$47.23 Million
Airtime Partecipazioni SpA PA:ALMEX	$47.25 Million
Bangkok Ranch PCL BK:BR	$47.26 Million
Eternit S.A SA:ETER3	$47.27 Million
Elton International Trading Company S.A AT:ELTON	$47.18 Million
InfoBeans Technologies Limited NSE:INFOBEAN	$47.18 Million
AB Electrolux (publ) ST:ELUX-A	$47.16 Million
WICE Logistics PCL BK:WICE	$47.15 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 2023 to 2024, total equity changed from -6,099,115 to -7,207,833, a change of -1,108,718.
Net loss of 2,544,918 reduced equity.
New share issuances of 1,436,200 increased equity.
Other factors decreased equity by 0.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-2.54 Million	-35.31%
Share Issuances	CA$1.44 Million	+19.93%
Total Change	CA$-	%

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$0.34	x
2018-12-31	CA$-0.05	CA$0.34	x
2019-12-31	CA$-0.04	CA$0.34	x
2020-12-31	CA$-0.05	CA$0.34	x
2021-12-31	CA$-0.07	CA$0.34	x
2022-12-31	CA$-0.05	CA$0.34	x
2023-12-31	CA$-0.04	CA$0.34	x
2024-12-31	CA$-0.04	CA$0.34	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 (-12.69%), 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

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: $503,278,506
Average return on equity (ROE) among peers: -30.71%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Goldbank Mining Corp (GLB)	CA$-9.45 Million	-152.23%	N/A	$47.20 Million
Allied Gold Corporation (AAUC)	$381.03 Million	-54.71%	1.51x	$3.60 Billion
Abcourt Mines Inc. (ABI)	$31.66 Million	1.13%	0.45x	$86.06 Million
Barrick Gold Corp (ABX)	$3.56 Billion	6.97%	0.76x	$63.93 Billion
American Eagle Gold Corp (AE)	$830.83K	-165.75%	0.05x	$138.81 Million
Agnico Eagle Mines Limited (AEM)	$211.31 Million	-3.62%	0.87x	$90.48 Billion
Alamos Gold Inc (AGI)	$783.33 Million	-0.27%	0.12x	$16.27 Billion
AIS Resources Ltd (AIS)	$4.69 Million	-71.34%	0.07x	$1.76 Million
Alliance Mining Corp (ALM)	$-3.11 Million	0.00%	0.00x	$1.58 Million
Altamira Gold Corp (ALTA)	$15.01 Million	-10.64%	0.03x	$38.60 Million
Almaden Minerals Ltd (AMM)	$45.22 Million	-8.90%	0.05x	$24.82 Million

About Goldbank Mining Corp

V:GLB Canada Gold

Market Cap

$47.20 Million

CA$65.25 Million CAD

Market Cap Rank

#22098 Global

#794 in Canada

Share Price

CA$0.34

Change (1 day)

+0.00%

52-Week Range

CA$0.26 - CA$0.52

All Time High

CA$0.52