Golden Ridge Resources Ltd (GLDN) - Net Assets
Based on the latest financial reports, Golden Ridge Resources Ltd (GLDN) has net assets worth CA$5.84 Million CAD (≈ $4.22 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$5.98 Million ≈ $4.33 Million USD) and total liabilities (CA$144.18K ≈ $104.30K 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 GLDN tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$5.84 Million |
| % of Total Assets | 97.59% |
| Annual Growth Rate | 48.52% |
| 5-Year Change | -21.58% |
| 10-Year Change | 6508.55% |
| Growth Volatility | 786.92 |
Golden Ridge Resources Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Golden Ridge Resources Ltd's net assets have evolved over time, based on quarterly financial data. See GLDN defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Golden Ridge Resources Ltd (2015–2025)
The table below shows the annual net assets of Golden Ridge Resources Ltd from 2015 to 2025. For live valuation and market cap data, see Golden Ridge Resources Ltd (GLDN) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | CA$6.07 Million ≈ $4.39 Million |
+6.16% |
| 2024-06-30 | CA$5.72 Million ≈ $4.14 Million |
-7.46% |
| 2023-06-30 | CA$6.18 Million ≈ $4.47 Million |
-26.19% |
| 2022-06-30 | CA$8.38 Million ≈ $6.06 Million |
+8.14% |
| 2021-06-30 | CA$7.74 Million ≈ $5.60 Million |
-9.83% |
| 2020-06-30 | CA$8.59 Million ≈ $6.21 Million |
-4.24% |
| 2019-06-30 | CA$8.97 Million ≈ $6.49 Million |
+64.58% |
| 2018-06-30 | CA$5.45 Million ≈ $3.94 Million |
+2633.51% |
| 2017-06-30 | CA$199.38K ≈ $144.23K |
+116.96% |
| 2016-06-30 | CA$91.90K ≈ $66.48K |
-20.91% |
| 2015-06-30 | CA$116.20K ≈ $84.06K |
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Equity Component Analysis
This analysis shows how different components contribute to Golden Ridge Resources Ltd'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 1607307100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$23.58 Million | 388.30% |
| Total Equity | CA$6.07 Million | 100.00% |
Golden Ridge Resources Ltd Competitors by Market Cap
The table below lists competitors of Golden Ridge Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Martela Oyj A
HE:MARAS
|
$2.33 Million |
|
Cortus Energy AB (publ)
ST:CE
|
$2.33 Million |
|
AS Trigon Property Development
STU:UG4
|
$2.33 Million |
|
Multipolar Tbk
JK:MLPL
|
$2.33 Million |
|
Fountain Asset Corp
V:FA
|
$2.33 Million |
|
Fintech Select Ltd
V:FTEC
|
$2.32 Million |
|
Pro-Pac Packaging Ltd
AU:PPG
|
$2.31 Million |
|
Femto Technologies Inc.
NASDAQ:FMTO
|
$2.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Ridge Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,720,835 to 6,073,128, a change of 352,293 (6.2%).
- Net loss of 493,217 reduced equity.
- Other factors increased equity by 845,510.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-493.22K | -8.12% |
| Other Changes | CA$845.51K | +13.92% |
| Total Change | CA$- | 6.16% |
Book Value vs Market Value Analysis
This analysis compares Golden Ridge Resources Ltd'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: 0.53x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | CA$0.11 | CA$0.06 | x |
| 2018-06-30 | CA$0.37 | CA$0.06 | x |
| 2019-06-30 | CA$0.46 | CA$0.06 | x |
| 2020-06-30 | CA$0.44 | CA$0.06 | x |
| 2021-06-30 | CA$0.15 | CA$0.06 | x |
| 2022-06-30 | CA$0.15 | CA$0.06 | x |
| 2023-06-30 | CA$0.11 | CA$0.06 | x |
| 2024-06-30 | CA$0.10 | CA$0.06 | x |
| 2025-06-30 | CA$0.10 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Ridge Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-8.12%) is above the historical average (-40.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -15.92% | 0.00% | 0.00x | 1.05x | CA$-30.12K |
| 2016 | -26.44% | 0.00% | 0.00x | 1.22x | CA$-33.49K |
| 2017 | -174.29% | 0.00% | 0.00x | 1.37x | CA$-367.43K |
| 2018 | -36.89% | 0.00% | 0.00x | 1.09x | CA$-2.56 Million |
| 2019 | -8.54% | 0.00% | 0.00x | 1.07x | CA$-1.66 Million |
| 2020 | -6.07% | 0.00% | 0.00x | 1.02x | CA$-1.38 Million |
| 2021 | -94.79% | 0.00% | 0.00x | 1.02x | CA$-8.12 Million |
| 2022 | -20.31% | 0.00% | 0.00x | 1.03x | CA$-2.54 Million |
| 2023 | -44.62% | 0.00% | 0.00x | 1.04x | CA$-3.38 Million |
| 2024 | -9.54% | 0.00% | 0.00x | 1.06x | CA$-1.12 Million |
| 2025 | -8.12% | 0.00% | 0.00x | 1.03x | CA$-1.10 Million |
Industry Comparison
This section compares Golden Ridge Resources Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $8,968,473
- Average return on equity (ROE) among peers: -5058.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden Ridge Resources Ltd (GLDN) | CA$5.84 Million | -15.92% | 0.02x | $2.33 Million |
| AbraSilver Resource Corp. (ABRA) | $400.64K | -52.81% | 0.13x | $1.85 Billion |
| Archon Minerals Ltd (ACS) | $31.39K | -50144.47% | 2027.88x | $3.15 Million |
| Arctic Star Exploration Corp (ADD) | $1.35 Million | -152.13% | 0.40x | $1.73 Million |
| Adyton Resources Corp (ADY) | $14.98 Million | 5.60% | 0.05x | $71.75 Million |
| Adamera Minerals Corp. (ADZ) | $4.33 Million | -30.35% | 0.10x | $5.10 Million |
| Austral Gold Ltd (AGLD) | $14.37 Million | -188.43% | 4.16x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $11.78 Million |
| Alpha Exploration Ltd (ALEX) | $7.30 Million | -10.62% | 0.17x | $37.20 Million |
| American Creek Resources Ltd (AMK) | $12.62 Million | 7.02% | 0.02x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $11.08 Million | -9.78% | 0.02x | $4.54 Million |
About Golden Ridge Resources Ltd
Golden Ridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, lead, zinc deposits. It holds 100% interest in the Hank project consists of 4 claims covering an area of 1,700 hectares located in the Golden Triangle district of British Colombia; the Williams Gold property covering an area… Read more