Northern Lion Gold Corp (NL) - Net Assets
Based on the latest financial reports, Northern Lion Gold Corp (NL) has net assets worth CA$-119.22K CAD (≈ $-86.24K 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$621.55K ≈ $449.62K USD) and total liabilities (CA$740.76K ≈ $535.86K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Northern Lion Gold Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-119.22K |
| % of Total Assets | -19.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -261.81% |
| Growth Volatility | 538.34 |
Northern Lion Gold Corp - Net Assets Trend (2013–2024)
This chart illustrates how Northern Lion Gold Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Northern Lion Gold Corp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Northern Lion Gold Corp (2013–2024)
The table below shows the annual net assets of Northern Lion Gold Corp from 2013 to 2024. For live valuation and market cap data, see Northern Lion Gold Corp (NL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-81.88K ≈ $-59.23K |
-1631.04% |
| 2023-12-31 | CA$5.35K ≈ $3.87K |
-99.02% |
| 2022-12-31 | CA$546.43K ≈ $395.28K |
-28.60% |
| 2021-12-31 | CA$765.32K ≈ $553.62K |
+2638.12% |
| 2020-12-31 | CA$-30.15K ≈ $-21.81K |
-121.15% |
| 2019-12-31 | CA$142.55K ≈ $103.12K |
-58.05% |
| 2018-12-31 | CA$339.79K ≈ $245.80K |
-39.13% |
| 2017-12-31 | CA$558.24K ≈ $403.82K |
+50.35% |
| 2016-12-31 | CA$371.29K ≈ $268.59K |
+633.73% |
| 2015-12-31 | CA$50.60K ≈ $36.61K |
-95.40% |
| 2014-12-31 | CA$1.10 Million ≈ $796.57K |
-57.19% |
| 2013-12-31 | CA$2.57 Million ≈ $1.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Northern Lion 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 470697500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$30.70 Million | % |
| Total Equity | CA$-81.88K | 100.00% |
Northern Lion Gold Corp Competitors by Market Cap
The table below lists competitors of Northern Lion Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Performance One AG
F:PO1
|
$2.41 Million |
|
Tarachi Gold Corp
F:4RZ
|
$2.42 Million |
|
CLS Holdings plc
LSE:CLI
|
$2.42 Million |
|
McLaren Resources Inc
F:3ML
|
$2.42 Million |
|
Quinsam Capital Corporation
F:0Q4
|
$2.41 Million |
|
Lithium Energi Exploration Inc
V:LEXI
|
$2.41 Million |
|
DecideAct A/S
CO:ACT
|
$2.40 Million |
|
Tantech Holdings Ltd
NASDAQ:TANH
|
$2.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northern Lion Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,348 to -81,880, a change of -87,228 (-1631.0%).
- Net loss of 87,228 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-87.23K | -106.53% |
| Total Change | CA$- | -1631.04% |
Book Value vs Market Value Analysis
This analysis compares Northern Lion 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.06 | CA$0.25 | x |
| 2018-12-31 | CA$0.04 | CA$0.25 | x |
| 2019-12-31 | CA$0.02 | CA$0.25 | x |
| 2020-12-31 | CA$0.00 | CA$0.25 | x |
| 2021-12-31 | CA$0.09 | CA$0.25 | x |
| 2022-12-31 | CA$0.04 | CA$0.25 | x |
| 2023-12-31 | CA$0.00 | CA$0.25 | x |
| 2024-12-31 | CA$-0.01 | CA$0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northern Lion Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-1067.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -10.79% | 0.00% | 0.00x | 1.07x | CA$-534.77K |
| 2014 | -140.46% | 0.00% | 0.00x | 1.09x | CA$-1.66 Million |
| 2015 | -2076.11% | 0.00% | 0.00x | 4.24x | CA$-1.06 Million |
| 2016 | -112.26% | 0.00% | 0.00x | 1.54x | CA$-453.95K |
| 2017 | -80.70% | 0.00% | 0.00x | 1.21x | CA$-506.30K |
| 2018 | -64.29% | 0.00% | 0.00x | 1.49x | CA$-252.43K |
| 2019 | -138.36% | 0.00% | 0.00x | 2.87x | CA$-211.50K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-173.69K |
| 2021 | -24.90% | 0.00% | 0.00x | 1.76x | CA$-267.06K |
| 2022 | -40.06% | 0.00% | 0.00x | 2.11x | CA$-273.53K |
| 2023 | -10117.43% | 0.00% | 0.00x | 136.19x | CA$-541.61K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-79.04K |
Industry Comparison
This section compares Northern Lion Gold 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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northern Lion Gold Corp (NL) | CA$-119.22K | -10.79% | N/A | $2.41 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 Northern Lion Gold Corp
Northern Lion Gold Corp., a mineral exploration company, acquires, explores, and develops mineral properties in Canada. It primarily explores for gold deposits. The company was incorporated in 1980 and is based in Vancouver, Canada.