Angus Ventures Inc (GUS) - Net Assets
Based on the latest financial reports, Angus Ventures Inc (GUS) has net assets worth CA$2.60 Million CAD (≈ $1.88 Million USD) as of April 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.37 Million ≈ $3.16 Million USD) and total liabilities (CA$1.77 Million ≈ $1.28 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. Read Angus Ventures Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.60 Million |
| % of Total Assets | 59.46% |
| Annual Growth Rate | 64.43% |
| 5-Year Change | 120.38% |
| 10-Year Change | N/A |
| Growth Volatility | 589.29 |
Angus Ventures Inc - Net Assets Trend (2017–2025)
This chart illustrates how Angus Ventures Inc's net assets have evolved over time, based on quarterly financial data. Also explore GUS asset base for the complete picture of this company's asset base.
Annual Net Assets for Angus Ventures Inc (2017–2025)
The table below shows the annual net assets of Angus Ventures Inc from 2017 to 2025. For live valuation and market cap data, see Angus Ventures Inc (GUS) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | CA$4.56 Million ≈ $3.30 Million |
+75.88% |
| 2024-01-31 | CA$2.59 Million ≈ $1.88 Million |
+63.78% |
| 2023-01-31 | CA$1.58 Million ≈ $1.15 Million |
+26.03% |
| 2022-01-31 | CA$1.26 Million ≈ $908.79K |
-39.30% |
| 2021-01-31 | CA$2.07 Million ≈ $1.50 Million |
+62.13% |
| 2020-01-31 | CA$1.28 Million ≈ $923.41K |
-16.46% |
| 2019-01-31 | CA$1.53 Million ≈ $1.11 Million |
-5.87% |
| 2018-01-31 | CA$1.62 Million ≈ $1.17 Million |
+1801.65% |
| 2017-01-31 | CA$85.36K ≈ $61.75K |
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Equity Component Analysis
This analysis shows how different components contribute to Angus Ventures 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 2611116600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$30.69 Million | 672.82% |
| Total Equity | CA$4.56 Million | 100.00% |
Angus Ventures Inc Competitors by Market Cap
The table below lists competitors of Angus Ventures Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Green Impact Partners Inc
V:GIP
|
$34.93 Million |
|
Golden Heaven Group Holdings Ltd. Ordinary Shares
NASDAQ:GDHG
|
$34.93 Million |
|
Mestron Holdings
KLSE:0207
|
$34.93 Million |
|
Cipherlab Co Ltd
TWO:6160
|
$34.96 Million |
|
Eurospan Holdings Bhd
KLSE:7094
|
$34.91 Million |
|
Wysiwyg Studios Co. Ltd
KQ:299900
|
$34.91 Million |
|
Eastwood Bio-Medical Canada Inc
V:EBM
|
$34.88 Million |
|
Tondo Smart Ltd
TA:TNDO
|
$34.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Angus Ventures Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,593,224 to 4,560,930, a change of 1,967,706 (75.9%).
- Net loss of 5,491,387 reduced equity.
- New share issuances of 8,640,000 increased equity.
- Other factors decreased equity by 1,180,907.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.49 Million | -120.4% |
| Share Issuances | CA$8.64 Million | +189.44% |
| Other Changes | CA$-1.18 Million | -25.89% |
| Total Change | CA$- | 75.88% |
Book Value vs Market Value Analysis
This analysis compares Angus Ventures 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: 10.58x
- 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 decreased from 177.56x to 10.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-01-31 | CA$0.00 | CA$0.80 | x |
| 2018-01-31 | CA$0.18 | CA$0.80 | x |
| 2019-01-31 | CA$0.08 | CA$0.80 | x |
| 2020-01-31 | CA$0.07 | CA$0.80 | x |
| 2021-01-31 | CA$0.07 | CA$0.80 | x |
| 2022-01-31 | CA$0.04 | CA$0.80 | x |
| 2023-01-31 | CA$0.04 | CA$0.80 | x |
| 2024-01-31 | CA$0.05 | CA$0.80 | x |
| 2025-01-31 | CA$0.08 | CA$0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Angus Ventures Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -120.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.47x
- Recent ROE (-120.40%) is above the historical average (-146.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -7.80% | 0.00% | 0.00x | 1.18x | CA$-15.19K |
| 2018 | -9.38% | 0.00% | 0.00x | 1.01x | CA$-314.65K |
| 2019 | -8.54% | 0.00% | 0.00x | 1.05x | CA$-283.34K |
| 2020 | -22.21% | 0.00% | 0.00x | 1.04x | CA$-411.11K |
| 2021 | -214.33% | 0.00% | 0.00x | 1.04x | CA$-4.64 Million |
| 2022 | -316.13% | 0.00% | 0.00x | 1.45x | CA$-4.10 Million |
| 2023 | -425.71% | 0.00% | 0.00x | 1.51x | CA$-6.90 Million |
| 2024 | -190.30% | 0.00% | 0.00x | 1.40x | CA$-5.19 Million |
| 2025 | -120.40% | 0.00% | 0.00x | 1.47x | CA$-5.95 Million |
Industry Comparison
This section compares Angus Ventures Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,097,521,250
- Average return on equity (ROE) among peers: -27.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Angus Ventures Inc (GUS) | CA$2.60 Million | -7.80% | 0.68x | $34.91 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $3.31 Billion |
| Abcourt Mines Inc. (ABI) | $20.93 Million | -1.59% | 0.08x | $77.46 Million |
| Barrick Gold Corp (ABX) | $5.43 Billion | 4.75% | 0.42x | $68.93 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $140.06 Million |
| Agnico Eagle Mines Limited (AEM) | $4.55 Billion | -7.18% | 0.73x | $88.60 Billion |
| Alamos Gold Inc (AGI) | $533.55 Million | 11.26% | 0.12x | $16.44 Billion |
| AIS Resources Ltd (AIS) | $2.27 Million | 1.48% | 0.03x | $2.27 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $442.56K | -125.54% | 0.44x | $50.40 Million |
| Almaden Minerals Ltd (AMM) | $15.80 Million | -6.93% | 0.04x | $24.82 Million |
About Angus Ventures Inc
Angus Gold Inc., a gold exploration company, acquires, explores, and develops mineral properties. Its flagship project is the Golden Sky project comprises 267 square kilometers located in the Mishibishu Lake Greenstone Belt in Ontario, Canada. The company was formerly known as Angus Ventures Inc. and changed its name to Angus Gold Inc. in September 2020. Angus Gold Inc. was incorporated in 2010 a… Read more