GMV Minerals Inc (GMV) - Net Assets
Based on the latest financial reports, GMV Minerals Inc (GMV) has net assets worth CA$7.82 Million CAD (≈ $5.66 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$7.89 Million ≈ $5.71 Million USD) and total liabilities (CA$71.56K ≈ $51.77K 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 GMV Minerals Inc (GMV) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$7.82 Million |
| % of Total Assets | 99.09% |
| Annual Growth Rate | 7.62% |
| 5-Year Change | 58.87% |
| 10-Year Change | 1946.08% |
| Growth Volatility | 176.76 |
GMV Minerals Inc - Net Assets Trend (2007–2024)
This chart illustrates how GMV Minerals Inc's net assets have evolved over time, based on quarterly financial data. See GMV defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for GMV Minerals Inc (2007–2024)
The table below shows the annual net assets of GMV Minerals Inc from 2007 to 2024. For live valuation and market cap data, see GMV company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$8.52 Million ≈ $6.16 Million |
+4.25% |
| 2023-06-30 | CA$8.17 Million ≈ $5.91 Million |
+17.64% |
| 2022-06-30 | CA$6.95 Million ≈ $5.02 Million |
+0.59% |
| 2021-06-30 | CA$6.91 Million ≈ $5.00 Million |
+28.78% |
| 2020-06-30 | CA$5.36 Million ≈ $3.88 Million |
+9.65% |
| 2019-06-30 | CA$4.89 Million ≈ $3.54 Million |
+11.07% |
| 2018-06-30 | CA$4.40 Million ≈ $3.18 Million |
+2.04% |
| 2017-06-30 | CA$4.31 Million ≈ $3.12 Million |
+482.67% |
| 2016-06-30 | CA$740.52K ≈ $535.68K |
+77.86% |
| 2015-06-30 | CA$416.34K ≈ $301.18K |
-53.47% |
| 2014-06-30 | CA$894.74K ≈ $647.24K |
-34.74% |
| 2013-06-30 | CA$1.37 Million ≈ $991.81K |
-87.22% |
| 2012-06-30 | CA$10.72 Million ≈ $7.76 Million |
+9.87% |
| 2011-06-30 | CA$9.76 Million ≈ $7.06 Million |
+280.41% |
| 2010-06-30 | CA$2.57 Million ≈ $1.86 Million |
+528.64% |
| 2009-06-30 | CA$408.17K ≈ $295.26K |
-91.51% |
| 2008-06-30 | CA$4.81 Million ≈ $3.48 Million |
+96.62% |
| 2007-06-30 | CA$2.45 Million ≈ $1.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GMV Minerals 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 2709842000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$35.75 Million | 419.65% |
| Total Equity | CA$8.52 Million | 100.00% |
GMV Minerals Inc Competitors by Market Cap
The table below lists competitors of GMV Minerals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Millennium Pharmacon International
JK:SDPC
|
$13.74 Million |
|
OpTeam S.A.
WAR:OPM
|
$13.76 Million |
|
BIT MINING C.A SP.ADR 100
F:50C0
|
$13.76 Million |
|
Immo-Zenobe Gramme SA
BR:ZEN
|
$13.76 Million |
|
West International AB
ST:WPAY
|
$13.72 Million |
|
Skillful Craftsman Education Tech
NASDAQ:EDTK
|
$13.72 Million |
|
Inter-M Corporation
KQ:017250
|
$13.72 Million |
|
Daedong Metals Co. Ltd
KQ:020400
|
$13.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GMV Minerals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,171,491 to 8,518,686, a change of 347,195 (4.2%).
- Net loss of 893,630 reduced equity.
- New share issuances of 707,350 increased equity.
- Other comprehensive income decreased equity by 290,477.
- Other factors increased equity by 823,952.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-893.63K | -10.49% |
| Share Issuances | CA$707.35K | +8.3% |
| Other Comprehensive Income | CA$-290.48K | -3.41% |
| Other Changes | CA$823.95K | +9.67% |
| Total Change | CA$- | 4.25% |
Book Value vs Market Value Analysis
This analysis compares GMV Minerals 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: 1.67x
- 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 0.01x to 1.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | CA$14.61 | CA$0.16 | x |
| 2008-06-30 | CA$4.16 | CA$0.16 | x |
| 2009-06-30 | CA$0.30 | CA$0.16 | x |
| 2010-06-30 | CA$1.65 | CA$0.16 | x |
| 2011-06-30 | CA$1.87 | CA$0.16 | x |
| 2012-06-30 | CA$1.68 | CA$0.16 | x |
| 2013-06-30 | CA$0.21 | CA$0.16 | x |
| 2014-06-30 | CA$0.14 | CA$0.16 | x |
| 2015-06-30 | CA$0.04 | CA$0.16 | x |
| 2016-06-30 | CA$0.05 | CA$0.16 | x |
| 2017-06-30 | CA$0.16 | CA$0.16 | x |
| 2018-06-30 | CA$0.13 | CA$0.16 | x |
| 2019-06-30 | CA$0.14 | CA$0.16 | x |
| 2020-06-30 | CA$0.12 | CA$0.16 | x |
| 2021-06-30 | CA$0.12 | CA$0.16 | x |
| 2022-06-30 | CA$0.10 | CA$0.16 | x |
| 2023-06-30 | CA$0.11 | CA$0.16 | x |
| 2024-06-30 | CA$0.09 | CA$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GMV Minerals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-10.49%) is above the historical average (-128.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -3.44% | -713.16% | 0.00x | 1.03x | CA$-328.65K |
| 2008 | -13.65% | 0.00% | 0.00x | 1.11x | CA$-1.14 Million |
| 2009 | -1086.84% | 0.00% | 0.00x | 1.43x | CA$-4.48 Million |
| 2010 | -29.54% | 0.00% | 0.00x | 1.08x | CA$-1.01 Million |
| 2011 | -23.02% | 0.00% | 0.00x | 1.05x | CA$-3.22 Million |
| 2012 | -6.51% | 0.00% | 0.00x | 1.01x | CA$-1.77 Million |
| 2013 | -678.81% | 0.00% | 0.00x | 1.07x | CA$-9.44 Million |
| 2014 | -68.01% | 0.00% | 0.00x | 1.16x | CA$-697.97K |
| 2015 | -231.79% | 0.00% | 0.00x | 1.34x | CA$-1.01 Million |
| 2016 | -55.74% | 0.00% | 0.00x | 1.25x | CA$-486.80K |
| 2017 | -31.38% | 0.00% | 0.00x | 1.02x | CA$-1.79 Million |
| 2018 | -10.81% | 0.00% | 0.00x | 1.02x | CA$-916.34K |
| 2019 | -9.52% | 0.00% | 0.00x | 1.04x | CA$-954.48K |
| 2020 | -14.64% | 0.00% | 0.00x | 1.03x | CA$-1.32 Million |
| 2021 | -18.69% | 0.00% | 0.00x | 1.01x | CA$-1.98 Million |
| 2022 | -6.98% | 0.00% | 0.00x | 1.01x | CA$-1.18 Million |
| 2023 | -9.60% | 0.00% | 0.00x | 1.02x | CA$-1.60 Million |
| 2024 | -10.49% | 0.00% | 0.00x | 1.02x | CA$-1.75 Million |
Industry Comparison
This section compares GMV Minerals Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,457,076,334
- Average return on equity (ROE) among peers: -12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GMV Minerals Inc (GMV) | CA$7.82 Million | -3.44% | 0.01x | $13.74 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.29 Billion |
| Abcourt Mines Inc. (ABI) | $3.33 Million | -20.67% | 0.04x | $77.46 Million |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $70.55 Billion |
| American Eagle Gold Corp (AE) | $35.20 Million | -22.32% | 0.04x | $142.56 Million |
| Agnico Eagle Mines Limited (AEM) | $2.06 Billion | 6.77% | 0.33x | $86.35 Billion |
| Alamos Gold Inc (AGI) | $25.69 Million | -7.53% | 0.11x | $15.94 Billion |
| AIS Resources Ltd (AIS) | $479.48K | -11.79% | 0.06x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $24.24 Million | -6.73% | 0.03x | $41.82 Million |
| Almaden Minerals Ltd (AMM) | $5.18 Million | -58.59% | 0.09x | $24.82 Million |
About GMV Minerals Inc
GMV Minerals Inc., an exploration stage company, engages in the sourcing and exploration of mineral properties in the United States. It primarily explores for gold and lithium deposits. The company holds a 100% interest in the Mexican Hat Gold Project that consists of 40 unpatented lode mining claims covering an area of approximately 4,800 acres located in Cochise County, Arizona. It also has an … Read more