Mayfair Gold Corp (MFG) - Net Assets
Based on the latest financial reports, Mayfair Gold Corp (MFG) has net assets worth CA$52.11 Million CAD (≈ $37.69 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$53.27 Million ≈ $38.54 Million USD) and total liabilities (CA$1.17 Million ≈ $844.59K 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 tangible equity quality of Mayfair Gold Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$52.11 Million |
| % of Total Assets | 97.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | 105.68% |
| 10-Year Change | N/A |
| Growth Volatility | 50.89 |
Mayfair Gold Corp - Net Assets Trend (2019–2025)
This chart illustrates how Mayfair Gold Corp's net assets have evolved over time, based on quarterly financial data. See MFG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mayfair Gold Corp (2019–2025)
The table below shows the annual net assets of Mayfair Gold Corp from 2019 to 2025. For live valuation and market cap data, see Mayfair Gold Corp (MFG) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$52.11 Million ≈ $37.69 Million |
+119.49% |
| 2024-12-31 | CA$23.74 Million ≈ $17.17 Million |
-8.51% |
| 2023-12-31 | CA$25.95 Million ≈ $18.77 Million |
+34.43% |
| 2022-12-31 | CA$19.30 Million ≈ $13.96 Million |
-23.81% |
| 2021-12-31 | CA$25.33 Million ≈ $18.33 Million |
+56.46% |
| 2020-12-31 | CA$16.19 Million ≈ $11.71 Million |
+13286.91% |
| 2019-12-31 | CA$-122.78K ≈ $-88.82K |
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Equity Component Analysis
This analysis shows how different components contribute to Mayfair Gold 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 7036296000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$122.59 Million | 235.28% |
| Total Equity | CA$52.11 Million | 100.00% |
Mayfair Gold Corp Competitors by Market Cap
The table below lists competitors of Mayfair Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amcil Ltd
AU:AMH
|
$198.01 Million |
|
King Core Electronics Inc
TW:6155
|
$198.01 Million |
|
Petronor E&P Ltd
OL:PNOR
|
$198.04 Million |
|
Speed Tech
TWO:5457
|
$198.06 Million |
|
Sporting Clube de Portugal - Futebol SAD
LS:SCP
|
$197.95 Million |
|
Polaris Infrastructure Inc
TO:PIF
|
$197.85 Million |
|
Skue Sparebank
OL:SKUE
|
$197.78 Million |
|
Columbus A/S
CO:COLUM
|
$197.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mayfair Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 23,739,413 to 52,105,298, a change of 28,365,885 (119.5%).
- Net loss of 9,959,278 reduced equity.
- New share issuances of 37,397,181 increased equity.
- Other factors increased equity by 927,982.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-9.96 Million | -19.11% |
| Share Issuances | CA$37.40 Million | +71.77% |
| Other Changes | CA$927.98K | +1.78% |
| Total Change | CA$- | 119.49% |
Book Value vs Market Value Analysis
This analysis compares Mayfair Gold 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: 5.23x
- 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 |
|---|---|---|---|
| 2019-12-31 | CA$0.00 | CA$4.08 | x |
| 2020-12-31 | CA$0.21 | CA$4.08 | x |
| 2021-12-31 | CA$0.31 | CA$4.08 | x |
| 2022-12-31 | CA$0.21 | CA$4.08 | x |
| 2023-12-31 | CA$0.52 | CA$4.08 | x |
| 2024-12-31 | CA$0.43 | CA$4.08 | x |
| 2025-12-31 | CA$0.78 | CA$4.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mayfair Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -19.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-19.11%) is above the historical average (-48.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -20.15% | 0.00% | 0.00x | 1.02x | CA$-4.88 Million |
| 2021 | -40.59% | 0.00% | 0.00x | 1.08x | CA$-12.82 Million |
| 2022 | -94.44% | 0.00% | 0.00x | 1.13x | CA$-20.16 Million |
| 2023 | -61.46% | 0.00% | 0.00x | 1.10x | CA$-18.54 Million |
| 2024 | -53.42% | 0.00% | 0.00x | 1.03x | CA$-15.06 Million |
| 2025 | -19.11% | 0.00% | 0.00x | 1.02x | CA$-15.17 Million |
Industry Comparison
This section compares Mayfair Gold Corp'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 |
|---|---|---|---|---|
| Mayfair Gold Corp (MFG) | CA$52.11 Million | -20.15% | 0.02x | $197.98 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 Mayfair Gold Corp
Mayfair Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Canada. It primarily explores for gold deposits. Its flagship project is the 100%-owned Fenn-Gib gold project, which comprises 21 fee simple patented properties, 145 unpatented mining claims, and six mining lease properties covering an area of 1,877.8 hectares located in the Guibord, Mu… Read more