Norrland Gold Corp
Great Plains Metals Corp., a precious metals exploration company, focuses on the acquisition and exploration of gold ores in Sweden. The company owns 100% interest in the Vittanträsket tenement covering an area of approximately 3,741 hectares located in the county of Vasterbotten. It also holds interest in the Pingisvaara tenement covering an area of approximately 900 hectares located in Kiruna M… Read more
Norrland Gold Corp (NORR) - Net Assets
Latest net assets as of December 2024: CA$519.99K CAD
Based on the latest financial reports, Norrland Gold Corp (NORR) has net assets worth CA$519.99K CAD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$547.84K) and total liabilities (CA$27.84K). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$519.99K |
| % of Total Assets | 94.92% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.83 |
Norrland Gold Corp - Net Assets Trend (2021–2024)
This chart illustrates how Norrland Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Norrland Gold Corp (2021–2024)
The table below shows the annual net assets of Norrland Gold Corp from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | CA$625.95K | -39.31% |
| 2023-03-31 | CA$1.03 Million | -29.64% |
| 2022-03-31 | CA$1.47 Million | +9749.45% |
| 2021-03-31 | CA$-15.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Norrland 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 313995500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$3.78 Million | 604.06% |
| Total Equity | CA$625.95K | 100.00% |
Norrland Gold Corp Competitors by Market Cap
The table below lists competitors of Norrland Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KANEKA CORP
MU:KKA
|
$265.29K |
|
Moovly Media Inc
PINK:MVVYF
|
$265.29K |
|
DATA MODUL - Dusseldorf Stock Exchang
DU:DAM
|
$266.20K |
|
Aurora Royalties Inc
V:AUR-H
|
$266.34K |
|
Esports Entertainment Group Inc
PINK:GMBL
|
$264.67K |
|
Hub Cyber Security Ltd. Ordinary Shares
NASDAQ:HUBC
|
$264.43K |
|
GALAPAGOS (GXE.SG)
STU:GXE
|
$264.33K |
|
Scheerders van Kerchove's Verenigde fabrieken nv
BR:SCHD
|
$264.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norrland Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,031,388 to 625,949, a change of -405,439 (-39.3%).
- Net loss of 405,439 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-405.44K | -64.77% |
| Total Change | CA$- | -39.31% |
Book Value vs Market Value Analysis
This analysis compares Norrland 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: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | CA$0.00 | CA$0.03 | x |
| 2022-03-31 | CA$0.04 | CA$0.03 | x |
| 2023-03-31 | CA$0.03 | CA$0.03 | x |
| 2024-03-31 | CA$0.02 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norrland Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -64.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.22x
- Recent ROE (-64.77%) is above the historical average (-66.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-13.68K |
| 2022 | -155.40% | 0.00% | 0.00x | 1.11x | CA$-2.42 Million |
| 2023 | -44.25% | 0.00% | 0.00x | 1.11x | CA$-559.57K |
| 2024 | -64.77% | 0.00% | 0.00x | 1.22x | CA$-468.03K |
Industry Comparison
This section compares Norrland Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,323,818
- Average return on equity (ROE) among peers: -12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norrland Gold Corp (NORR) | CA$519.99K | 0.00% | 0.05x | $264.96K |
| Athabasca Minerals Inc (ABM) | $14.67 Million | -17.11% | 0.38x | $3.80 Million |
| AIS Resources Ltd (AIS) | $733.20K | -18.86% | 0.02x | $1.22 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $7.66 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $1.27 Million |
| Argus Metals Corp. (AML) | $-194.53K | 0.00% | 0.00x | $248.82K |
| Antler Gold Inc (ANTL) | $5.56 Million | -15.72% | 0.05x | $3.41 Million |
| Apogee Minerals Ltd (APMI) | $509.07K | -27.00% | 0.02x | $1.15 Million |
| Awale Resources Ltd (ARIC) | $11.21 Million | -15.12% | 0.10x | $38.72 Million |
| Au Gold Corp (AUGC) | $1.73 Million | -6.53% | 0.01x | $4.70 Million |
| AUX Resources Corporation (AUX) | $-1.82 Million | 0.00% | 0.00x | $12.37 Million |