Golden Arrow Resources Corp (GRG) - Net Assets
Based on the latest financial reports, Golden Arrow Resources Corp (GRG) has net assets worth CA$6.85 Million CAD (≈ $4.96 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$7.74 Million ≈ $5.60 Million USD) and total liabilities (CA$890.79K ≈ $644.38K 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 GRG financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$6.85 Million |
| % of Total Assets | 88.49% |
| Annual Growth Rate | -0.62% |
| 5-Year Change | -77.72% |
| 10-Year Change | 155.6% |
| Growth Volatility | 124.8 |
Golden Arrow Resources Corp - Net Assets Trend (2003–2024)
This chart illustrates how Golden Arrow Resources Corp's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Golden Arrow Resources Corp for the complete picture of this company's asset base.
Annual Net Assets for Golden Arrow Resources Corp (2003–2024)
The table below shows the annual net assets of Golden Arrow Resources Corp from 2003 to 2024. For live valuation and market cap data, see market value of Golden Arrow Resources Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$5.47 Million ≈ $3.96 Million |
-1.80% |
| 2023-12-31 | CA$5.57 Million ≈ $4.03 Million |
-46.58% |
| 2022-12-31 | CA$10.43 Million ≈ $7.54 Million |
-36.82% |
| 2021-12-31 | CA$16.50 Million ≈ $11.94 Million |
-32.78% |
| 2020-12-31 | CA$24.55 Million ≈ $17.76 Million |
-16.11% |
| 2019-12-31 | CA$29.27 Million ≈ $21.17 Million |
-23.65% |
| 2018-12-31 | CA$38.33 Million ≈ $27.73 Million |
-24.36% |
| 2017-12-31 | CA$50.67 Million ≈ $36.65 Million |
+390.89% |
| 2016-12-31 | CA$10.32 Million ≈ $7.47 Million |
+382.40% |
| 2015-12-31 | CA$2.14 Million ≈ $1.55 Million |
-23.23% |
| 2014-12-31 | CA$2.79 Million ≈ $2.02 Million |
-63.22% |
| 2013-12-31 | CA$7.58 Million ≈ $5.48 Million |
-47.17% |
| 2012-12-31 | CA$14.35 Million ≈ $10.38 Million |
+154.64% |
| 2011-12-31 | CA$5.63 Million ≈ $4.08 Million |
-0.85% |
| 2010-12-31 | CA$5.68 Million ≈ $4.11 Million |
+9.85% |
| 2009-12-31 | CA$5.17 Million ≈ $3.74 Million |
+49.89% |
| 2008-12-31 | CA$3.45 Million ≈ $2.50 Million |
-75.76% |
| 2007-12-31 | CA$14.24 Million ≈ $10.30 Million |
+65.24% |
| 2006-12-31 | CA$8.61 Million ≈ $6.23 Million |
-4.08% |
| 2005-12-31 | CA$8.98 Million ≈ $6.50 Million |
-1.75% |
| 2004-12-31 | CA$9.14 Million ≈ $6.61 Million |
+46.52% |
| 2003-12-31 | CA$6.24 Million ≈ $4.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Golden Arrow Resources 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 6426127200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$74.01 Million | 1353.16% |
| Total Equity | CA$5.47 Million | 100.00% |
Golden Arrow Resources Corp Competitors by Market Cap
The table below lists competitors of Golden Arrow Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wearable Devices Ltd.
NASDAQ:WLDS
|
$7.35 Million |
|
PREMIER1 Lithium Ltd
AU:PLC
|
$7.36 Million |
|
Power Line Engineering Public Company Limited
BK:PLE
|
$7.36 Million |
|
KIBO ENERGY PLC EO -001
F:1I8
|
$7.36 Million |
|
Jinzhou Port Co Ltd B
SHG:900952
|
$7.35 Million |
|
Hudson Investment Group Ltd
AU:HGL
|
$7.35 Million |
|
Indo Oil Perkasa PT
JK:OILS
|
$7.34 Million |
|
Future Consumer Limited
NSE:FCONSUMER
|
$7.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Arrow Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,569,520 to 5,469,192, a change of -100,328 (-1.8%).
- Net loss of 8,366,453 reduced equity.
- New share issuances of 1,677,000 increased equity.
- Other comprehensive income decreased equity by 8,230,986.
- Other factors increased equity by 14,820,111.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-8.37 Million | -152.97% |
| Share Issuances | CA$1.68 Million | +30.66% |
| Other Comprehensive Income | CA$-8.23 Million | -150.5% |
| Other Changes | CA$14.82 Million | +270.97% |
| Total Change | CA$- | -1.80% |
Book Value vs Market Value Analysis
This analysis compares Golden Arrow Resources 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: 1.76x
- 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 0.04x to 1.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CA$1.51 | CA$0.06 | x |
| 2004-12-31 | CA$1.79 | CA$0.06 | x |
| 2005-12-31 | CA$1.16 | CA$0.06 | x |
| 2006-12-31 | CA$1.07 | CA$0.06 | x |
| 2007-12-31 | CA$1.16 | CA$0.06 | x |
| 2008-12-31 | CA$0.22 | CA$0.06 | x |
| 2009-12-31 | CA$0.18 | CA$0.06 | x |
| 2010-12-31 | CA$0.15 | CA$0.06 | x |
| 2011-12-31 | CA$0.10 | CA$0.06 | x |
| 2012-12-31 | CA$0.26 | CA$0.06 | x |
| 2013-12-31 | CA$0.18 | CA$0.06 | x |
| 2014-12-31 | CA$0.07 | CA$0.06 | x |
| 2015-12-31 | CA$0.04 | CA$0.06 | x |
| 2016-12-31 | CA$0.14 | CA$0.06 | x |
| 2017-12-31 | CA$0.47 | CA$0.06 | x |
| 2018-12-31 | CA$0.38 | CA$0.06 | x |
| 2019-12-31 | CA$0.25 | CA$0.06 | x |
| 2020-12-31 | CA$0.21 | CA$0.06 | x |
| 2021-12-31 | CA$0.14 | CA$0.06 | x |
| 2022-12-31 | CA$0.09 | CA$0.06 | x |
| 2023-12-31 | CA$0.05 | CA$0.06 | x |
| 2024-12-31 | CA$0.03 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Arrow Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -152.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.23x
- Recent ROE (-152.97%) is above the historical average (-21085526.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -15.54% | 0.00% | 0.00x | 1.17x | CA$-1.59 Million |
| 2004 | -3.35% | 0.00% | 0.00x | 1.13x | CA$-1.22 Million |
| 2005 | -7.30% | 0.00% | 0.00x | 1.14x | CA$-1.55 Million |
| 2006 | -8.28% | 0.00% | 0.00x | 1.11x | CA$-1.57 Million |
| 2007 | -11.36% | 0.00% | 0.00x | 1.09x | CA$-3.04 Million |
| 2008 | -139.79% | 0.00% | 0.00x | 1.05x | CA$-5.17 Million |
| 2009 | -48.36% | 0.00% | 0.00x | 1.03x | CA$-3.02 Million |
| 2010 | -29.24% | 0.00% | 0.00x | 1.04x | CA$-2.23 Million |
| 2011 | -47.14% | 0.00% | 0.00x | 1.04x | CA$-3.22 Million |
| 2012 | 88.48% | 0.00% | 0.00x | 1.03x | CA$11.26 Million |
| 2013 | -88.98% | 0.00% | 0.00x | 1.06x | CA$-7.50 Million |
| 2014 | -306.10% | 0.00% | 0.00x | 1.15x | CA$-8.81 Million |
| 2015 | -484965600.00% | 0.00% | 0.00x | 1.00x | CA$-4.85 Million |
| 2015 | -413.23% | 0.00% | 0.00x | 2.75x | CA$-9.06 Million |
| 2016 | -56.99% | 0.00% | 0.00x | 1.12x | CA$-6.91 Million |
| 2017 | 78.39% | 0.00% | 0.00x | 1.01x | CA$34.66 Million |
| 2018 | -46.44% | 0.00% | 0.00x | 1.31x | CA$-21.63 Million |
| 2019 | -67.79% | 0.00% | 0.00x | 1.02x | CA$-22.77 Million |
| 2020 | -23.64% | 0.00% | 0.00x | 1.02x | CA$-8.26 Million |
| 2021 | -36.67% | 0.00% | 0.00x | 1.04x | CA$-7.70 Million |
| 2022 | -57.99% | 0.00% | 0.00x | 1.10x | CA$-7.09 Million |
| 2023 | -104.46% | 0.00% | 0.00x | 1.17x | CA$-6.37 Million |
| 2024 | -152.97% | 0.00% | 0.00x | 1.23x | CA$-8.91 Million |
Industry Comparison
This section compares Golden Arrow Resources 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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden Arrow Resources Corp (GRG) | CA$6.85 Million | -15.54% | 0.13x | $7.35 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Golden Arrow Resources Corp
Golden Arrow Resources Corporation, a natural resource company, engages in the identification, acquisition, exploration, and development of mineral resource properties in South America. The company explores for iron, copper, gold, cobalt, and silver deposits. The company was founded in 2004 and is based in Vancouver, Canada.