Goliath Resources Ltd (GOT) - Net Assets
Based on the latest financial reports, Goliath Resources Ltd (GOT) has net assets worth CA$26.78 Million CAD (≈ $19.37 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$32.18 Million ≈ $23.28 Million USD) and total liabilities (CA$5.40 Million ≈ $3.91 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. Explore GOT cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$26.78 Million |
| % of Total Assets | 83.21% |
| Annual Growth Rate | 11.61% |
| 5-Year Change | 994.02% |
| 10-Year Change | 2813.47% |
| Growth Volatility | 429.51 |
Goliath Resources Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Goliath Resources Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Goliath Resources Ltd market capitalisation.
Annual Net Assets for Goliath Resources Ltd (2007–2024)
The table below shows the annual net assets of Goliath Resources Ltd from 2007 to 2024. Read Goliath Resources Ltd (GOT) total liabilities for a breakdown of total debt and financial obligations.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$3.40 Million ≈ $2.46 Million |
-44.41% |
| 2023-06-30 | CA$6.12 Million ≈ $4.43 Million |
-56.95% |
| 2022-06-30 | CA$14.22 Million ≈ $10.29 Million |
+160.10% |
| 2021-06-30 | CA$5.47 Million ≈ $3.96 Million |
+1657.43% |
| 2020-06-30 | CA$311.10K ≈ $225.05K |
-77.26% |
| 2019-06-30 | CA$1.37 Million ≈ $989.54K |
-24.89% |
| 2018-06-30 | CA$1.82 Million ≈ $1.32 Million |
+2658.65% |
| 2017-06-30 | CA$-71.18K ≈ $-51.49K |
-458.92% |
| 2016-06-30 | CA$19.83K ≈ $14.35K |
-83.02% |
| 2015-06-30 | CA$116.82K ≈ $84.51K |
-42.39% |
| 2014-06-30 | CA$202.77K ≈ $146.68K |
-33.31% |
| 2013-06-30 | CA$304.07K ≈ $219.96K |
-38.57% |
| 2012-06-30 | CA$494.96K ≈ $358.05K |
-15.23% |
| 2011-06-30 | CA$583.91K ≈ $422.39K |
-12.46% |
| 2010-06-30 | CA$667.02K ≈ $482.51K |
-11.54% |
| 2009-06-30 | CA$754.04K ≈ $545.46K |
-7.35% |
| 2008-06-30 | CA$813.88K ≈ $588.75K |
+54.75% |
| 2007-06-30 | CA$525.93K ≈ $380.45K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Goliath 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 7157209.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$70.18 Million | 2061.96% |
| Total Equity | CA$3.40 Million | 100.00% |
Goliath Resources Ltd Competitors by Market Cap
The table below lists competitors of Goliath Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Agris Tbk
JK:AGRS
|
$196.33 Million |
|
Motorcar Parts of America Inc
NASDAQ:MPAA
|
$196.36 Million |
|
Hanmiglobal
KO:053690
|
$196.67 Million |
|
Dream Security co. Ltd
KQ:203650
|
$196.70 Million |
|
Petronor E&P Ltd
OL:PNOR
|
$196.24 Million |
|
VIA Labs Inc
TW:6756
|
$196.17 Million |
|
Platinum Analytics Cayman Limited Class A Ordinary Shares
NASDAQ:PLTS
|
$196.10 Million |
|
Major Cineplex Group Public Company Limited
BK:MAJOR-R
|
$196.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goliath Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,122,460 to 3,403,521, a change of -2,718,939 (-44.4%).
- Net loss of 25,085,035 reduced equity.
- New share issuances of 11,600,000 increased equity.
- Other factors increased equity by 10,766,096.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-25.09 Million | -737.03% |
| Share Issuances | CA$11.60 Million | +340.82% |
| Other Changes | CA$10.77 Million | +316.32% |
| Total Change | CA$- | -44.41% |
Book Value vs Market Value Analysis
This analysis compares Goliath 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: 54.95x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.49x to 54.95x 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$3.20 | CA$1.58 | x |
| 2008-06-30 | CA$1.54 | CA$1.58 | x |
| 2009-06-30 | CA$3.23 | CA$1.58 | x |
| 2010-06-30 | CA$2.83 | CA$1.58 | x |
| 2011-06-30 | CA$2.48 | CA$1.58 | x |
| 2012-06-30 | CA$2.10 | CA$1.58 | x |
| 2013-06-30 | CA$1.29 | CA$1.58 | x |
| 2014-06-30 | CA$0.86 | CA$1.58 | x |
| 2015-06-30 | CA$0.50 | CA$1.58 | x |
| 2016-06-30 | CA$0.08 | CA$1.58 | x |
| 2017-06-30 | CA$-0.27 | CA$1.58 | x |
| 2018-06-30 | CA$0.46 | CA$1.58 | x |
| 2019-06-30 | CA$0.21 | CA$1.58 | x |
| 2020-06-30 | CA$0.03 | CA$1.58 | x |
| 2021-06-30 | CA$0.15 | CA$1.58 | x |
| 2022-06-30 | CA$0.24 | CA$1.58 | x |
| 2023-06-30 | CA$0.08 | CA$1.58 | x |
| 2024-06-30 | CA$0.03 | CA$1.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goliath Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -737.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.37x
- Recent ROE (-737.03%) is below the historical average (-186.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.18% | 14.31% | 0.01x | 1.03x | CA$-51.66K |
| 2008 | -46.08% | -1749.53% | 0.03x | 1.01x | CA$-456.45K |
| 2009 | -11.71% | -444.85% | 0.02x | 1.06x | CA$-163.74K |
| 2010 | -13.65% | -3227.21% | 0.00x | 1.02x | CA$-157.77K |
| 2011 | -14.23% | -2770433.33% | 0.00x | 1.03x | CA$-141.50K |
| 2012 | -17.97% | 0.00% | 0.00x | 1.03x | CA$-138.44K |
| 2013 | -70.09% | 0.00% | 0.00x | 1.06x | CA$-243.53K |
| 2014 | -49.96% | 0.00% | 0.00x | 1.18x | CA$-121.57K |
| 2015 | -73.58% | 0.00% | 0.00x | 1.14x | CA$-97.64K |
| 2016 | -506.72% | 0.00% | 0.00x | 3.04x | CA$-102.47K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-143.89K |
| 2018 | -249.57% | 0.00% | 0.00x | 1.31x | CA$-4.73 Million |
| 2019 | -224.29% | 0.00% | 0.00x | 1.05x | CA$-3.20 Million |
| 2020 | -799.35% | 0.00% | 0.00x | 1.97x | CA$-2.52 Million |
| 2021 | -106.23% | 0.00% | 0.00x | 1.08x | CA$-6.35 Million |
| 2022 | -95.07% | 0.00% | 0.00x | 1.05x | CA$-14.94 Million |
| 2023 | -342.43% | 0.00% | 0.00x | 1.63x | CA$-21.58 Million |
| 2024 | -737.03% | 0.00% | 0.00x | 1.37x | CA$-25.43 Million |
Industry Comparison
This section compares Goliath 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: $9,429,962
- Average return on equity (ROE) among peers: -164.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goliath Resources Ltd (GOT) | CA$26.78 Million | 0.18% | 0.20x | $196.31 Million |
| AbraSilver Resource Corp. (ABRA) | $-80.98K | 0.00% | 0.00x | $1.96 Billion |
| Archon Minerals Ltd (ACS) | $-1.50 Million | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $1.35 Million | -1496.52% | 0.09x | $1.73 Million |
| Adyton Resources Corp (ADY) | $558.29K | -7.75% | 0.15x | $81.84 Million |
| Adamera Minerals Corp. (ADZ) | $1.60 Million | -39.88% | 0.43x | $4.43 Million |
| Austral Gold Ltd (AGLD) | $58.54 Million | -9.13% | 0.35x | $71.89 Million |
| Clean Air Metals Inc (AIR) | $683.61K | -32.64% | 0.05x | $12.69 Million |
| Alpha Exploration Ltd (ALEX) | $14.77 Million | -5.14% | 0.08x | $48.22 Million |
| American Creek Resources Ltd (AMK) | $2.01 Million | -32.79% | 0.04x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $16.37 Million | -23.62% | 0.01x | $3.47 Million |
About Goliath Resources Ltd
Goliath Resources Limited, a junior resource exploration company, engages in the acquisition and exploration of mineral properties in British Columbia, Canada. The company explores for gold, silver, copper, molybdenum, lead, and zinc deposits. It has an option to acquire 100% interests in the Golddigger property consists of contiguous mineral claims covering approximately an area of 91, 518 hecta… Read more