GoldQuest Mining Corp. (GQC) - Net Assets
Based on the latest financial reports, GoldQuest Mining Corp. (GQC) has net assets worth CA$27.14 Million CAD (≈ $19.63 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$27.99 Million ≈ $20.25 Million USD) and total liabilities (CA$848.14K ≈ $613.53K 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 GoldQuest Mining Corp. (GQC) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$27.14 Million |
| % of Total Assets | 96.97% |
| Annual Growth Rate | N/A |
| 5-Year Change | -1.35% |
| 10-Year Change | 165.31% |
| Growth Volatility | 175.87 |
GoldQuest Mining Corp. - Net Assets Trend (2003–2024)
This chart illustrates how GoldQuest Mining Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore GQC asset base for the complete picture of this company's asset base.
Annual Net Assets for GoldQuest Mining Corp. (2003–2024)
The table below shows the annual net assets of GoldQuest Mining Corp. from 2003 to 2024. For live valuation and market cap data, see how much is GoldQuest Mining Corp. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$15.39 Million ≈ $11.13 Million |
+60.77% |
| 2023-12-31 | CA$9.57 Million ≈ $6.92 Million |
-19.84% |
| 2022-12-31 | CA$11.94 Million ≈ $8.64 Million |
-15.40% |
| 2021-12-31 | CA$14.12 Million ≈ $10.21 Million |
-9.51% |
| 2020-12-31 | CA$15.60 Million ≈ $11.28 Million |
-6.40% |
| 2019-12-31 | CA$16.67 Million ≈ $12.06 Million |
-8.61% |
| 2018-12-31 | CA$18.24 Million ≈ $13.19 Million |
-20.92% |
| 2017-12-31 | CA$23.06 Million ≈ $16.68 Million |
+205.99% |
| 2016-12-31 | CA$7.54 Million ≈ $5.45 Million |
+29.93% |
| 2015-12-31 | CA$5.80 Million ≈ $4.20 Million |
-18.58% |
| 2014-12-31 | CA$7.12 Million ≈ $5.15 Million |
-46.59% |
| 2013-12-31 | CA$13.34 Million ≈ $9.65 Million |
-33.04% |
| 2012-12-31 | CA$19.92 Million ≈ $14.41 Million |
+771.99% |
| 2011-12-31 | CA$2.28 Million ≈ $1.65 Million |
-78.69% |
| 2010-12-31 | CA$10.72 Million ≈ $7.75 Million |
+25.90% |
| 2009-12-31 | CA$8.51 Million ≈ $6.16 Million |
+9.30% |
| 2008-12-31 | CA$7.79 Million ≈ $5.63 Million |
+8.21% |
| 2007-12-31 | CA$7.20 Million ≈ $5.21 Million |
+94.45% |
| 2006-12-31 | CA$3.70 Million ≈ $2.68 Million |
-9.71% |
| 2005-12-31 | CA$4.10 Million ≈ $2.97 Million |
+15.20% |
| 2004-12-31 | CA$3.56 Million ≈ $2.57 Million |
+2812.42% |
| 2003-12-31 | CA$-131.20K ≈ $-94.91K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to GoldQuest 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 8624041201.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$102.94 Million | 668.97% |
| Total Equity | CA$15.39 Million | 100.00% |
GoldQuest Mining Corp. Competitors by Market Cap
The table below lists competitors of GoldQuest Mining Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Maspion Indonesia PT
JK:BMAS
|
$530.37 Million |
|
Ways Electron Co Ltd
SHG:605218
|
$530.39 Million |
|
Tai-Tech Advanced Electronics Co Ltd
TWO:3357
|
$530.42 Million |
|
RattanIndia Enterprises Limited
NSE:RTNINDIA
|
$530.45 Million |
|
Kona I Co.Ltd
KQ:052400
|
$530.34 Million |
|
Dongsung FineTec Co. Ltd
KQ:033500
|
$530.31 Million |
|
Cool Company Oy
OL:CLCO
|
$530.18 Million |
|
Sichuan Golden Summit Group Joint Stock Co Ltd
SHG:600678
|
$530.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GoldQuest Mining Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,571,952 to 15,388,547, a change of 5,816,595 (60.8%).
- Net loss of 2,694,507 reduced equity.
- New share issuances of 8,415,098 increased equity.
- Other comprehensive income decreased equity by 2,280,758.
- Other factors increased equity by 2,376,762.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.69 Million | -17.51% |
| Share Issuances | CA$8.42 Million | +54.68% |
| Other Comprehensive Income | CA$-2.28 Million | -14.82% |
| Other Changes | CA$2.38 Million | +15.45% |
| Total Change | CA$- | 60.77% |
Book Value vs Market Value Analysis
This analysis compares GoldQuest 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
- Current price-to-book ratio: 38.48x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CA$-0.01 | CA$1.94 | x |
| 2004-12-31 | CA$0.14 | CA$1.94 | x |
| 2005-12-31 | CA$0.11 | CA$1.94 | x |
| 2006-12-31 | CA$0.08 | CA$1.94 | x |
| 2007-12-31 | CA$0.13 | CA$1.94 | x |
| 2008-12-31 | CA$0.13 | CA$1.94 | x |
| 2009-12-31 | CA$0.14 | CA$1.94 | x |
| 2010-12-31 | CA$0.12 | CA$1.94 | x |
| 2011-12-31 | CA$0.02 | CA$1.94 | x |
| 2012-12-31 | CA$0.16 | CA$1.94 | x |
| 2013-12-31 | CA$0.09 | CA$1.94 | x |
| 2014-12-31 | CA$0.05 | CA$1.94 | x |
| 2015-12-31 | CA$0.04 | CA$1.94 | x |
| 2016-12-31 | CA$0.04 | CA$1.94 | x |
| 2017-12-31 | CA$0.09 | CA$1.94 | x |
| 2018-12-31 | CA$0.07 | CA$1.94 | x |
| 2019-12-31 | CA$0.06 | CA$1.94 | x |
| 2020-12-31 | CA$0.06 | CA$1.94 | x |
| 2021-12-31 | CA$0.05 | CA$1.94 | x |
| 2022-12-31 | CA$0.05 | CA$1.94 | x |
| 2023-12-31 | CA$0.04 | CA$1.94 | x |
| 2024-12-31 | CA$0.05 | CA$1.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GoldQuest Mining Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-17.51%) is above the historical average (-41.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-208.91K |
| 2004 | -71.93% | -22388.73% | 0.00x | 1.04x | CA$-2.92 Million |
| 2005 | -35.12% | -4268.44% | 0.01x | 1.10x | CA$-1.85 Million |
| 2006 | -25.47% | -3314.63% | 0.01x | 1.13x | CA$-1.31 Million |
| 2007 | -7.34% | -662.97% | 0.01x | 1.14x | CA$-1.25 Million |
| 2008 | -27.52% | -3079.12% | 0.01x | 1.15x | CA$-2.92 Million |
| 2009 | -11.47% | -9570.19% | 0.00x | 1.11x | CA$-1.83 Million |
| 2010 | -9.09% | 0.00% | 0.00x | 1.10x | CA$-2.05 Million |
| 2011 | -154.79% | 0.00% | 0.00x | 1.14x | CA$-3.76 Million |
| 2012 | -31.22% | 0.00% | 0.00x | 1.04x | CA$-8.21 Million |
| 2013 | -60.03% | 0.00% | 0.00x | 1.03x | CA$-9.34 Million |
| 2014 | -98.75% | 0.00% | 0.00x | 1.03x | CA$-7.75 Million |
| 2015 | -85.27% | 0.00% | 0.00x | 1.08x | CA$-5.53 Million |
| 2016 | -118.08% | -20916.25% | 0.01x | 1.09x | CA$-9.65 Million |
| 2017 | -45.29% | 0.00% | 0.00x | 1.02x | CA$-12.75 Million |
| 2018 | -33.73% | 0.00% | 0.00x | 1.03x | CA$-7.98 Million |
| 2019 | -11.73% | 0.00% | 0.00x | 1.03x | CA$-3.62 Million |
| 2020 | -10.36% | 0.00% | 0.00x | 1.02x | CA$-3.18 Million |
| 2021 | -16.97% | 0.00% | 0.00x | 1.01x | CA$-3.81 Million |
| 2022 | -22.69% | 0.00% | 0.00x | 1.01x | CA$-3.90 Million |
| 2023 | -26.99% | 0.00% | 0.00x | 1.02x | CA$-3.54 Million |
| 2024 | -17.51% | 0.00% | 0.00x | 1.01x | CA$-4.23 Million |
Industry Comparison
This section compares GoldQuest Mining Corp.'s net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,951,711
- Average return on equity (ROE) among peers: -34.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GoldQuest Mining Corp. (GQC) | CA$27.14 Million | 0.00% | 0.03x | $530.36 Million |
| Aftermath Silver Ltd (AAG) | $861.81K | -122.73% | 0.30x | $185.75 Million |
| Aton Resources Inc (AAN) | $-5.02 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $805.58K | -20.73% | 0.03x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $557.59K | -47.89% | 0.13x | $4.67 Million |
| Adex Mining Inc (ADE) | $11.96 Million | -14.72% | 0.26x | $27.09 Million |
| Alphamin Res (AFM) | $1.06 Million | -49.21% | 0.19x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $169.13K | -68.35% | 0.10x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $332.39 Million |
About GoldQuest Mining Corp.
Goldquest Mining Corp., together with its subsidiaries, engages in the identification, acquisition, and exploration of mineral properties in the Dominican Republic. The company primarily explores for gold and copper deposits. It primarily owns a 100% interest in the Romero gold-copper project that comprises two mineral deposits covering an area of 3,997 hectares located to the south of the Centra… Read more