International Iconic Gold Exploration Corp (ICON) - Net Assets
Based on the latest financial reports, International Iconic Gold Exploration Corp (ICON) has net assets worth CA$5.58 Million CAD (≈ $4.04 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$12.52 Million ≈ $9.06 Million USD) and total liabilities (CA$6.94 Million ≈ $5.02 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. Check financial resilience of International Iconic Gold Exploration Co to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$5.58 Million |
| % of Total Assets | 44.55% |
| Annual Growth Rate | 14.36% |
| 5-Year Change | 173.03% |
| 10-Year Change | N/A |
| Growth Volatility | 55.97 |
International Iconic Gold Exploration Corp - Net Assets Trend (2017–2024)
This chart illustrates how International Iconic Gold Exploration Corp's net assets have evolved over time, based on quarterly financial data. Also explore total assets of International Iconic Gold Exploration Co for the complete picture of this company's asset base.
Annual Net Assets for International Iconic Gold Exploration Corp (2017–2024)
The table below shows the annual net assets of International Iconic Gold Exploration Corp from 2017 to 2024. For live valuation and market cap data, see International Iconic Gold Exploration Co (ICON) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$6.13 Million ≈ $4.43 Million |
-10.80% |
| 2023-12-31 | CA$6.87 Million ≈ $4.97 Million |
+2082.66% |
| 2022-12-31 | CA$-346.54K ≈ $-250.68K |
-136.46% |
| 2021-12-31 | CA$950.58K ≈ $687.63K |
-57.65% |
| 2020-12-31 | CA$2.24 Million ≈ $1.62 Million |
-22.85% |
| 2019-12-31 | CA$2.91 Million ≈ $2.10 Million |
-18.33% |
| 2018-12-31 | CA$3.56 Million ≈ $2.58 Million |
+48.70% |
| 2017-12-31 | CA$2.40 Million ≈ $1.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to International Iconic Gold Exploration 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 76579600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$22.50 Million | 367.07% |
| Total Equity | CA$6.13 Million | 100.00% |
International Iconic Gold Exploration Corp Competitors by Market Cap
The table below lists competitors of International Iconic Gold Exploration Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XXL Energy Corp
V:XL
|
$734.53K |
|
Crystal Amber Fund Limited
LSE:CRS
|
$736.07K |
|
New Energy Metals Corp
V:ENRG
|
$736.98K |
|
Ilika plc
LSE:IKA
|
$737.07K |
|
Lucky Minerals Inc
V:LKY
|
$731.54K |
|
EGR EXPL LTD
F:Z0R
|
$731.26K |
|
Manz AG
F:M5Z
|
$728.66K |
|
Sadot Group Inc.
NASDAQ:SDOT
|
$728.07K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in International Iconic Gold Exploration Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,870,738 to 6,128,972, a change of -741,766 (-10.8%).
- Net loss of 746,064 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-746.06K | -12.17% |
| Other Changes | CA$4.30K | +0.07% |
| Total Change | CA$- | -10.80% |
Book Value vs Market Value Analysis
This analysis compares International Iconic Gold Exploration 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: 0.17x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.55x to 0.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.18 | CA$0.10 | x |
| 2018-12-31 | CA$0.08 | CA$0.10 | x |
| 2019-12-31 | CA$0.05 | CA$0.10 | x |
| 2020-12-31 | CA$0.04 | CA$0.10 | x |
| 2021-12-31 | CA$0.01 | CA$0.10 | x |
| 2022-12-31 | CA$-0.03 | CA$0.10 | x |
| 2023-12-31 | CA$0.68 | CA$0.10 | x |
| 2024-12-31 | CA$0.60 | CA$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently International Iconic Gold Exploration Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.02x
- Recent ROE (-12.17%) is above the historical average (-31.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -18.19% | 0.00% | 0.00x | 1.20x | CA$-675.44K |
| 2018 | -43.94% | 0.00% | 0.00x | 1.18x | CA$-1.93 Million |
| 2019 | -54.73% | 0.00% | 0.00x | 1.34x | CA$-1.90 Million |
| 2020 | -28.92% | 0.00% | 0.00x | 1.75x | CA$-885.73K |
| 2021 | -201.85% | 0.00% | 0.00x | 4.89x | CA$-2.01 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.43 Million |
| 2023 | 104.74% | 0.00% | 0.00x | 1.96x | CA$6.51 Million |
| 2024 | -12.17% | 0.00% | 0.00x | 2.02x | CA$-1.36 Million |
Industry Comparison
This section compares International Iconic Gold Exploration Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,760,003,957
- Average return on equity (ROE) among peers: -45.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| International Iconic Gold Exploration Corp (ICON) | CA$5.58 Million | -18.19% | 1.24x | $732.97K |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.60 Billion |
| Abcourt Mines Inc. (ABI) | $7.35 Million | -6.57% | 0.04x | $86.06 Million |
| Barrick Gold Corp (ABX) | $33.26 Billion | 6.45% | 0.43x | $63.93 Billion |
| American Eagle Gold Corp (AE) | $-27.08K | 0.00% | 0.00x | $138.81 Million |
| Agnico Eagle Mines Limited (AEM) | $4.14 Billion | 0.59% | 0.61x | $90.48 Billion |
| Alamos Gold Inc (AGI) | $77.65 Million | -12.17% | 0.63x | $16.27 Billion |
| AIS Resources Ltd (AIS) | $4.30 Million | -39.03% | 0.30x | $1.76 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $305.15K | -342.52% | 0.51x | $38.60 Million |
| Almaden Minerals Ltd (AMM) | $5.18 Million | -58.59% | 0.09x | $24.82 Million |
About International Iconic Gold Exploration Corp
International Iconic Gold Exploration Corp. engages in acquisition, evaluation, and exploration of mineral resource properties in Argentina. It explores for gold, silver, zinc, lead, indium, copper, and base metal deposits. The company's flagship project includes the San Roque property that consists of 88,057.62 hectares located in the province of Rio Negro, Argentina. It also holds other gold mi… Read more