Providence Gold Mines (PHD) - Net Assets
Based on the latest financial reports, Providence Gold Mines (PHD) has net assets worth CA$-218.80K CAD (≈ $-158.28K 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$44.58K ≈ $32.25K USD) and total liabilities (CA$263.38K ≈ $190.52K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Providence Gold Mines (PHD) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-218.80K |
| % of Total Assets | -490.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | -108.4% |
| 10-Year Change | N/A |
| Growth Volatility | 74.55 |
Providence Gold Mines - Net Assets Trend (2013–2025)
This chart illustrates how Providence Gold Mines's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Providence Gold Mines.
Annual Net Assets for Providence Gold Mines (2013–2025)
The table below shows the annual net assets of Providence Gold Mines from 2013 to 2025. Also explore net asset growth rate of Providence Gold Mines to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$-218.80K ≈ $-158.28K |
-274.33% |
| 2024-12-31 | CA$-58.45K ≈ $-42.28K |
-102.32% |
| 2023-12-31 | CA$2.51 Million ≈ $1.82 Million |
-0.93% |
| 2022-12-31 | CA$2.54 Million ≈ $1.84 Million |
-2.56% |
| 2021-12-31 | CA$2.61 Million ≈ $1.88 Million |
-9.09% |
| 2020-12-31 | CA$2.87 Million ≈ $2.07 Million |
+46.31% |
| 2019-12-31 | CA$1.96 Million ≈ $1.42 Million |
+16.29% |
| 2018-12-31 | CA$1.68 Million ≈ $1.22 Million |
+126.06% |
| 2017-12-31 | CA$745.09K ≈ $538.99K |
+1547.70% |
| 2016-12-31 | CA$-51.47K ≈ $-37.23K |
+26.02% |
| 2015-12-31 | CA$-69.57K ≈ $-50.32K |
-136.25% |
| 2014-12-31 | CA$191.89K ≈ $138.81K |
-66.66% |
| 2013-12-31 | CA$575.64K ≈ $416.41K |
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Equity Component Analysis
This analysis shows how different components contribute to Providence Gold Mines'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 687852000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$7.26 Million | % |
| Total Equity | CA$-218.80K | 100.00% |
Providence Gold Mines Competitors by Market Cap
The table below lists competitors of Providence Gold Mines ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Site Group International Ltd
AU:SIT
|
$2.30 Million |
|
Baronsmead Venture Trust Plc
LSE:BVT
|
$2.31 Million |
|
Literacy Capital PLC
LSE:BOOK
|
$2.31 Million |
|
Golden Sun Education Group Ltd
NASDAQ:GSUN
|
$2.31 Million |
|
Frontier Developments Plc
LSE:FDEV
|
$2.30 Million |
|
Ab Dynamics
LSE:ABDP
|
$2.30 Million |
|
Olivers Real Food Ltd
AU:OLI
|
$2.30 Million |
|
Amedeo Air Four Plus Limited
LSE:AA4
|
$2.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Providence Gold Mines's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -58,451 to -218,800, a change of -160,349.
- Net loss of 255,789 reduced equity.
- New share issuances of 90,240 increased equity.
- Other factors increased equity by 5,200.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-255.79K | -116.91% |
| Share Issuances | CA$90.24K | +41.24% |
| Other Changes | CA$5.20K | +2.38% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Providence Gold Mines'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$0.03 | CA$0.05 | x |
| 2018-12-31 | CA$0.06 | CA$0.05 | x |
| 2019-12-31 | CA$0.05 | CA$0.05 | x |
| 2020-12-31 | CA$0.05 | CA$0.05 | x |
| 2021-12-31 | CA$0.04 | CA$0.05 | x |
| 2022-12-31 | CA$0.04 | CA$0.05 | x |
| 2023-12-31 | CA$0.04 | CA$0.05 | x |
| 2024-12-31 | CA$0.00 | CA$0.05 | x |
| 2025-12-31 | CA$0.00 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Providence Gold Mines utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-38.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -32.24% | 0.00% | 0.00x | 1.02x | CA$-243.14K |
| 2014 | -263.30% | 0.00% | 0.00x | 6.18x | CA$-524.44K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-254.50K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-161.72K |
| 2017 | -87.20% | 0.00% | 0.00x | 1.24x | CA$-724.25K |
| 2018 | -19.39% | 0.00% | 0.00x | 1.05x | CA$-495.07K |
| 2019 | -36.67% | 0.00% | 0.00x | 1.10x | CA$-914.19K |
| 2020 | -25.93% | 0.00% | 0.00x | 1.03x | CA$-1.03 Million |
| 2021 | -24.78% | 0.00% | 0.00x | 1.03x | CA$-906.00K |
| 2022 | -4.15% | 0.00% | 0.00x | 1.03x | CA$-359.07K |
| 2023 | -4.32% | 0.00% | 0.00x | 1.04x | CA$-360.08K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.64 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-233.91K |
Industry Comparison
This section compares Providence Gold Mines's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,026,834,449
- Average return on equity (ROE) among peers: -24.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Providence Gold Mines (PHD) | CA$-218.80K | -32.24% | N/A | $2.30 Million |
| Allied Gold Corporation (AAUC) | $381.03 Million | -54.71% | 1.51x | $2.65 Billion |
| Abcourt Mines Inc. (ABI) | $-1.87 Million | 0.00% | 0.00x | $64.74 Million |
| Barrick Gold Corp (ABX) | $24.51 Billion | -2.71% | 0.93x | $70.81 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $163.06 Million |
| Agnico Eagle Mines Limited (AEM) | $4.55 Billion | -7.18% | 0.73x | $100.13 Billion |
| Alamos Gold Inc (AGI) | $811.95 Million | 4.78% | 0.11x | $14.63 Billion |
| AIS Resources Ltd (AIS) | $631.90K | 7.99% | 0.13x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.90 Million |
| Altamira Gold Corp (ALTA) | $11.44 Million | -9.87% | 0.03x | $47.47 Million |
| Almaden Minerals Ltd (AMM) | $4.71 Million | -59.39% | 0.02x | $24.82 Million |
About Providence Gold Mines
Providence Gold Mines Inc. engages in the exploration and evaluation of mineral properties located in the United States. The company primarily explores for gold deposits. Its flagship property is the 100%-owned La Dama de Oro gold property located in the Silver Mountain Mining District, California. The company was formerly known as Red Hut Metals Inc. and changed its name to Providence Gold Mines… Read more