Outcrop Gold Corp (OCG) - Net Assets
Based on the latest financial reports, Outcrop Gold Corp (OCG) has net assets worth CA$20.33 Million CAD (≈ $14.70 Million USD) as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$20.91 Million ≈ $15.12 Million USD) and total liabilities (CA$579.42K ≈ $419.14K 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 Outcrop Gold Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$20.33 Million |
| % of Total Assets | 97.23% |
| Annual Growth Rate | 21.29% |
| 5-Year Change | 32.4% |
| 10-Year Change | 314.51% |
| Growth Volatility | 140.03 |
Outcrop Gold Corp - Net Assets Trend (2001–2024)
This chart illustrates how Outcrop Gold Corp's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Outcrop Gold Corp for the complete picture of this company's asset base.
Annual Net Assets for Outcrop Gold Corp (2001–2024)
The table below shows the annual net assets of Outcrop Gold Corp from 2001 to 2024. For live valuation and market cap data, see market cap of Outcrop Gold Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | CA$13.80 Million ≈ $9.98 Million |
+63.80% |
| 2023-08-31 | CA$8.42 Million ≈ $6.09 Million |
+63.51% |
| 2022-08-31 | CA$5.15 Million ≈ $3.73 Million |
-41.09% |
| 2021-08-31 | CA$8.74 Million ≈ $6.33 Million |
-16.09% |
| 2020-08-31 | CA$10.42 Million ≈ $7.54 Million |
+615.97% |
| 2019-08-31 | CA$1.46 Million ≈ $1.05 Million |
+1.73% |
| 2018-08-31 | CA$1.43 Million ≈ $1.04 Million |
-34.53% |
| 2017-08-31 | CA$2.19 Million ≈ $1.58 Million |
-51.86% |
| 2016-08-31 | CA$4.54 Million ≈ $3.28 Million |
+36.38% |
| 2015-08-31 | CA$3.33 Million ≈ $2.41 Million |
-34.30% |
| 2014-08-31 | CA$5.07 Million ≈ $3.67 Million |
-33.71% |
| 2013-08-31 | CA$7.64 Million ≈ $5.53 Million |
+35.12% |
| 2012-08-31 | CA$5.66 Million ≈ $4.09 Million |
-36.63% |
| 2011-08-31 | CA$8.93 Million ≈ $6.46 Million |
-20.07% |
| 2010-08-31 | CA$11.17 Million ≈ $8.08 Million |
+8.71% |
| 2009-08-31 | CA$10.27 Million ≈ $7.43 Million |
-14.41% |
| 2008-08-31 | CA$12.00 Million ≈ $8.68 Million |
+46.42% |
| 2007-08-31 | CA$8.20 Million ≈ $5.93 Million |
+11.72% |
| 2006-08-31 | CA$7.34 Million ≈ $5.31 Million |
+78.01% |
| 2005-08-31 | CA$4.12 Million ≈ $2.98 Million |
+91.37% |
| 2004-08-31 | CA$2.15 Million ≈ $1.56 Million |
+114.87% |
| 2003-08-31 | CA$1.00 Million ≈ $725.22K |
+58.18% |
| 2002-08-31 | CA$633.79K ≈ $458.47K |
+288.86% |
| 2001-08-31 | CA$162.99K ≈ $117.90K |
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Equity Component Analysis
This analysis shows how different components contribute to Outcrop 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 9179573500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$108.97 Million | 789.74% |
| Total Equity | CA$13.80 Million | 100.00% |
Outcrop Gold Corp Competitors by Market Cap
The table below lists competitors of Outcrop Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Münchener Tierpark Hellabrunn AG
MU:MTP
|
$80.40 Million |
|
Medtecs International Corporation Ltd DRC
TW:9103
|
$80.52 Million |
|
Games Workshop Group PLC
LSE:GAW
|
$80.52 Million |
|
Gascogne SA
PA:ALBI
|
$80.55 Million |
|
Sekar Laut Tbk
JK:SKLT
|
$80.37 Million |
|
Country View Bhd
KLSE:5049
|
$80.34 Million |
|
Tacheng Real Estate Co Ltd
TWO:6171
|
$80.34 Million |
|
OFX Group Ltd
AU:OFX
|
$80.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Outcrop Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,423,608 to 13,798,089, a change of 5,374,481 (63.8%).
- Net loss of 10,308,766 reduced equity.
- New share issuances of 7,605,049 increased equity.
- Other comprehensive income increased equity by 1,165.
- Other factors increased equity by 8,077,033.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-10.31 Million | -74.71% |
| Share Issuances | CA$7.61 Million | +55.12% |
| Other Comprehensive Income | CA$1.17K | +0.01% |
| Other Changes | CA$8.08 Million | +58.54% |
| Total Change | CA$- | 63.80% |
Book Value vs Market Value Analysis
This analysis compares Outcrop 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: 5.90x
- 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 0.29x to 5.90x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-08-31 | CA$0.96 | CA$0.28 | x |
| 2002-08-31 | CA$2.81 | CA$0.28 | x |
| 2003-08-31 | CA$1.27 | CA$0.28 | x |
| 2004-08-31 | CA$1.19 | CA$0.28 | x |
| 2005-08-31 | CA$1.60 | CA$0.28 | x |
| 2006-08-31 | CA$2.02 | CA$0.28 | x |
| 2007-08-31 | CA$2.15 | CA$0.28 | x |
| 2008-08-31 | CA$2.70 | CA$0.28 | x |
| 2009-08-31 | CA$2.29 | CA$0.28 | x |
| 2010-08-31 | CA$2.33 | CA$0.28 | x |
| 2011-08-31 | CA$1.70 | CA$0.28 | x |
| 2012-08-31 | CA$1.07 | CA$0.28 | x |
| 2013-08-31 | CA$1.13 | CA$0.28 | x |
| 2014-08-31 | CA$0.68 | CA$0.28 | x |
| 2015-08-31 | CA$0.45 | CA$0.28 | x |
| 2016-08-31 | CA$0.57 | CA$0.28 | x |
| 2017-08-31 | CA$0.21 | CA$0.28 | x |
| 2018-08-31 | CA$0.12 | CA$0.28 | x |
| 2019-08-31 | CA$0.07 | CA$0.28 | x |
| 2020-08-31 | CA$0.16 | CA$0.28 | x |
| 2021-08-31 | CA$0.07 | CA$0.28 | x |
| 2022-08-31 | CA$0.04 | CA$0.28 | x |
| 2023-08-31 | CA$0.04 | CA$0.28 | x |
| 2024-08-31 | CA$0.05 | CA$0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Outcrop Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -74.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-74.71%) is above the historical average (-89.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -427.55% | 0.00% | 0.00x | 1.53x | CA$-713.15K |
| 2002 | -43.99% | 0.00% | 0.00x | 1.02x | CA$-342.18K |
| 2003 | -51.14% | 0.00% | 0.00x | 1.02x | CA$-612.98K |
| 2004 | -95.07% | 0.00% | 0.00x | 1.02x | CA$-2.26 Million |
| 2005 | -47.01% | 0.00% | 0.00x | 1.02x | CA$-2.35 Million |
| 2006 | -23.52% | 0.00% | 0.00x | 1.01x | CA$-2.46 Million |
| 2007 | -37.38% | -628.71% | 0.06x | 1.01x | CA$-3.88 Million |
| 2008 | -25.39% | -490.18% | 0.05x | 1.01x | CA$-4.25 Million |
| 2009 | -22.75% | -504.34% | 0.04x | 1.01x | CA$-3.36 Million |
| 2010 | -28.03% | 0.00% | 0.00x | 1.02x | CA$-4.25 Million |
| 2011 | -41.00% | 0.00% | 0.00x | 1.02x | CA$-4.55 Million |
| 2012 | -64.31% | 0.00% | 0.00x | 1.04x | CA$-4.20 Million |
| 2013 | -42.07% | 0.00% | 0.00x | 1.04x | CA$-3.98 Million |
| 2014 | -54.31% | 0.00% | 0.00x | 1.04x | CA$-3.26 Million |
| 2015 | -56.09% | 0.00% | 0.00x | 1.09x | CA$-2.20 Million |
| 2016 | -32.52% | 0.00% | 0.00x | 1.03x | CA$-1.93 Million |
| 2017 | -121.06% | 0.00% | 0.00x | 1.12x | CA$-2.86 Million |
| 2018 | -151.80% | 0.00% | 0.00x | 1.06x | CA$-2.32 Million |
| 2019 | -188.64% | 0.00% | 0.00x | 1.13x | CA$-2.89 Million |
| 2020 | -48.22% | 0.00% | 0.00x | 1.05x | CA$-6.07 Million |
| 2021 | -146.90% | 0.00% | 0.00x | 1.08x | CA$-13.72 Million |
| 2022 | -221.43% | 0.00% | 0.00x | 1.17x | CA$-11.92 Million |
| 2023 | -112.05% | 0.00% | 0.00x | 1.06x | CA$-10.28 Million |
| 2024 | -74.71% | 0.00% | 0.00x | 1.08x | CA$-11.69 Million |
Industry Comparison
This section compares Outcrop Gold Corp's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $15,138,265
- Average return on equity (ROE) among peers: -30.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Outcrop Gold Corp (OCG) | CA$20.33 Million | -427.55% | 0.03x | $80.38 Million |
| AbraSilver Resource Corp. (ABRA) | $-379.36K | 0.00% | 0.00x | $1.97 Billion |
| Archon Minerals Ltd (ACS) | $-749.69K | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $2.06 Million | -33.58% | 0.13x | $1.73 Million |
| Adyton Resources Corp (ADY) | $12.60 Million | -18.74% | 0.03x | $80.71 Million |
| Adamera Minerals Corp. (ADZ) | $4.33 Million | -30.35% | 0.10x | $3.91 Million |
| Austral Gold Ltd (AGLD) | $80.97 Million | 9.21% | 0.87x | $69.64 Million |
| Clean Air Metals Inc (AIR) | $35.73 Million | -9.88% | 0.10x | $12.23 Million |
| Alpha Exploration Ltd (ALEX) | $7.30 Million | -10.62% | 0.17x | $43.40 Million |
| American Creek Resources Ltd (AMK) | $2.36 Million | -67.11% | 0.29x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $7.16 Million | -141.18% | 0.01x | $3.47 Million |
About Outcrop Gold Corp
Outcrop Silver & Gold Corporation engages in the identification, acquisition, exploration, and development of mineral properties in Colombia and the United States. It primarily explores for gold, silver, and copper deposits. The company was formerly known as Outcrop Gold Corp. and changed its name to Outcrop Silver & Gold Corporation in June 2021. Outcrop Silver & Gold Corporation was incorporate… Read more