Kestrel Gold Inc (KGC) - Net Assets

Latest as of September 2025: CA$1.06 Million CAD ≈ $769.51K USD

Based on the latest financial reports, Kestrel Gold Inc (KGC) has net assets worth CA$1.06 Million CAD (≈ $769.51K 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$1.10 Million ≈ $795.41K USD) and total liabilities (CA$35.81K ≈ $25.90K 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 Kestrel Gold Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$1.06 Million
% of Total Assets	96.74%
Annual Growth Rate	-10.68%
5-Year Change	-44.28%
10-Year Change	N/A
Growth Volatility	209.4

Kestrel Gold Inc - Net Assets Trend (2011–2025)

This chart illustrates how Kestrel Gold Inc's net assets have evolved over time, based on quarterly financial data. See Kestrel Gold Inc (KGC) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Kestrel Gold Inc (2011–2025)

The table below shows the annual net assets of Kestrel Gold Inc from 2011 to 2025. For live valuation and market cap data, see Kestrel Gold Inc stock valuation.

Year	Net Assets	Change
2025-09-30	CA$1.06 Million ≈ $769.51K	-6.53%
2024-09-30	CA$1.14 Million ≈ $823.28K	-9.72%
2023-09-30	CA$1.26 Million ≈ $911.87K	-9.69%
2022-09-30	CA$1.40 Million ≈ $1.01 Million	-26.89%
2021-09-30	CA$1.91 Million ≈ $1.38 Million	+403.99%
2020-09-30	CA$378.79K ≈ $274.01K	+571.62%
2019-09-30	CA$56.40K ≈ $40.80K	-91.71%
2018-09-30	CA$680.47K ≈ $492.24K	-20.25%
2017-09-30	CA$853.24K ≈ $617.22K	+230.39%
2016-09-30	CA$-654.38K ≈ $-473.37K	-23.94%
2015-09-30	CA$-527.98K ≈ $-381.93K	-195.87%
2014-09-30	CA$550.73K ≈ $398.39K	-41.09%
2013-09-30	CA$934.81K ≈ $676.23K	+3.98%
2012-09-30	CA$899.00K ≈ $650.33K	-82.61%
2011-09-30	CA$5.17 Million ≈ $3.74 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Kestrel Gold 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 1656973000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2025)

Component	Amount	Percentage
Other Components	CA$18.00 Million	1692.13%
Total Equity	CA$1.06 Million	100.00%

Kestrel Gold Inc Competitors by Market Cap

The table below lists competitors of Kestrel Gold Inc ranked by their market capitalization.

Company	Market Cap
Vast Renewables Limited Ordinary Shares NASDAQ:VSTE	$2.37 Million
Quhuo Ltd NASDAQ:QH	$2.37 Million
BioRestorative Therapies Inc NASDAQ:BRTX	$2.37 Million
Begbies Traynor Group PLC LSE:BEG	$2.37 Million
Volta Finance Ltd LSE:VTAS	$2.36 Million
Martela Oyj A HE:MARAS	$2.36 Million
Silver Castle Holdings Ltd TA:SLCL	$2.36 Million
Classover Holdings, Inc. Class B Common Stock NASDAQ:KIDZ	$2.35 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kestrel Gold Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,138,091 to 1,063,764, a change of -74,327 (-6.5%).
Net loss of 459,965 reduced equity.
Other factors increased equity by 385,638.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-459.96K	-43.24%
Other Changes	CA$385.64K	+36.25%
Total Change	CA$-	-6.53%

Book Value vs Market Value Analysis

This analysis compares Kestrel Gold 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: 3.07x
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 0.04x to 3.07x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-09-30	CA$0.80	CA$0.03	x
2009-09-30	CA$0.83	CA$0.03	x
2010-09-30	CA$0.33	CA$0.03	x
2011-09-30	CA$0.75	CA$0.03	x
2012-09-30	CA$0.10	CA$0.03	x
2013-09-30	CA$0.09	CA$0.03	x
2014-09-30	CA$0.05	CA$0.03	x
2015-09-30	CA$-0.04	CA$0.03	x
2016-09-30	CA$-0.04	CA$0.03	x
2017-09-30	CA$0.03	CA$0.03	x
2018-09-30	CA$0.01	CA$0.03	x
2019-09-30	CA$0.00	CA$0.03	x
2020-09-30	CA$0.01	CA$0.03	x
2021-09-30	CA$0.02	CA$0.03	x
2022-09-30	CA$0.01	CA$0.03	x
2023-09-30	CA$0.01	CA$0.03	x
2024-09-30	CA$0.01	CA$0.03	x
2025-09-30	CA$0.01	CA$0.03	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kestrel Gold 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): -43.24%
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: 1.03x
Recent ROE (-43.24%) is above the historical average (-158.75%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	-127.23%	0.00%	-0.03x	1.65x	CA$-395.63K
2009	-30.24%	-5221.70%	0.00x	1.17x	CA$-150.86K
2010	-51.54%	0.00%	0.00x	1.08x	CA$-647.55K
2011	-52.18%	0.00%	0.00x	1.10x	CA$-3.06 Million
2012	-776.42%	0.00%	0.00x	1.80x	CA$-7.07 Million
2013	-33.37%	0.00%	0.00x	1.49x	CA$-405.47K
2014	-133.04%	0.00%	0.00x	2.33x	CA$-787.75K
2015	0.00%	0.00%	0.00x	0.00x	CA$-1.07 Million
2016	0.00%	0.00%	0.00x	0.00x	CA$-60.96K
2017	-71.46%	0.00%	0.00x	1.15x	CA$-695.01K
2018	-90.67%	0.00%	0.00x	1.08x	CA$-685.00K
2019	-1277.56%	0.00%	0.00x	1.96x	CA$-726.18K
2020	-69.74%	0.00%	0.00x	1.35x	CA$-302.06K
2021	-15.21%	0.00%	0.00x	1.07x	CA$-481.26K
2022	-45.26%	0.00%	0.00x	1.08x	CA$-771.28K
2023	-13.35%	0.00%	0.00x	1.08x	CA$-294.30K
2024	-27.03%	0.00%	0.00x	1.03x	CA$-421.42K
2025	-43.24%	0.00%	0.00x	1.03x	CA$-566.34K

Industry Comparison

This section compares Kestrel Gold Inc's net assets metrics with peer companies in the Gold industry.

Industry Context

Industry: Gold
Average net assets among peers: $3,457,076,334
Average return on equity (ROE) among peers: -12.13%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Kestrel Gold Inc (KGC)	CA$1.06 Million	-127.23%	0.03x	$2.36 Million
Allied Gold Corporation (AAUC)	$111.36 Million	-6.66%	4.92x	$3.29 Billion
Abcourt Mines Inc. (ABI)	$3.33 Million	-20.67%	0.04x	$77.46 Million
Barrick Gold Corp (ABX)	$32.31 Billion	6.26%	0.45x	$70.55 Billion
American Eagle Gold Corp (AE)	$35.20 Million	-22.32%	0.04x	$142.56 Million
Agnico Eagle Mines Limited (AEM)	$2.06 Billion	6.77%	0.33x	$86.35 Billion
Alamos Gold Inc (AGI)	$25.69 Million	-7.53%	0.11x	$15.94 Billion
AIS Resources Ltd (AIS)	$479.48K	-11.79%	0.06x	$2.79 Million
Alliance Mining Corp (ALM)	$-655.60K	0.00%	0.00x	$1.58 Million
Altamira Gold Corp (ALTA)	$24.24 Million	-6.73%	0.03x	$41.82 Million
Almaden Minerals Ltd (AMM)	$5.18 Million	-58.59%	0.09x	$24.82 Million

About Kestrel Gold Inc

V:KGC Canada Gold

Market Cap

$2.36 Million

CA$3.26 Million CAD

Market Cap Rank

#29690 Global

#1472 in Canada

Share Price

CA$0.03

Change (1 day)

+0.00%

52-Week Range

CA$0.03 - CA$0.08

All Time High

CA$0.18