Q-Gold Resources Ltd (QGR) - Net Assets
Based on the latest financial reports, Q-Gold Resources Ltd (QGR) has net assets worth CA$-6.57 Million CAD (≈ $-4.76 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.83 Million ≈ $3.49 Million USD) and total liabilities (CA$11.40 Million ≈ $8.25 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Q-Gold Resources Ltd assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-6.57 Million |
| % of Total Assets | -136.14% |
| Annual Growth Rate | N/A |
| 5-Year Change | -1242.05% |
| 10-Year Change | N/A |
| Growth Volatility | 130.27 |
Q-Gold Resources Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Q-Gold Resources Ltd's net assets have evolved over time, based on quarterly financial data. Check Q-Gold Resources Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Q-Gold Resources Ltd (2013–2025)
The table below shows the annual net assets of Q-Gold Resources Ltd from 2013 to 2025. For live valuation and market cap data, see Q-Gold Resources Ltd (QGR) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$-5.55 Million ≈ $-4.02 Million |
-243.87% |
| 2024-12-31 | CA$-1.61 Million ≈ $-1.17 Million |
+14.36% |
| 2023-12-31 | CA$-1.88 Million ≈ $-1.36 Million |
-48.08% |
| 2022-12-31 | CA$-1.27 Million ≈ $-920.71K |
-361.89% |
| 2021-12-31 | CA$486.01K ≈ $351.57K |
-61.99% |
| 2020-12-31 | CA$1.28 Million ≈ $925.00K |
+1840.86% |
| 2019-12-31 | CA$-73.45K ≈ $-53.13K |
-117.50% |
| 2018-12-31 | CA$419.61K ≈ $303.54K |
+495.04% |
| 2017-12-31 | CA$-106.22K ≈ $-76.84K |
+80.01% |
| 2016-12-31 | CA$-531.38K ≈ $-384.39K |
-22.87% |
| 2015-12-31 | CA$-432.46K ≈ $-312.83K |
+10.38% |
| 2014-12-31 | CA$-482.55K ≈ $-349.07K |
+19.44% |
| 2013-12-31 | CA$-599.00K ≈ $-433.31K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Q-Gold Resources Ltd'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 2978129400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$42.30 Million | % |
| Total Equity | CA$-5.55 Million | 100.00% |
Q-Gold Resources Ltd Competitors by Market Cap
The table below lists competitors of Q-Gold Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xbrane Biopharma AB
ST:XBRANE
|
$23.84 Million |
|
Caesarstone Ltd
NASDAQ:CSTE
|
$23.86 Million |
|
Hannet Co. Ltd
KQ:052600
|
$23.86 Million |
|
Hammerson PLC
LSE:HMSO
|
$23.87 Million |
|
Cho Kwang Pain
KO:004910
|
$23.82 Million |
|
BCB Bhd
KLSE:6602
|
$23.81 Million |
|
Hove AS
CO:HOVE
|
$23.81 Million |
|
Verde Clean Fuels Inc.
NASDAQ:VGAS
|
$23.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Q-Gold Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -1,614,131 to -5,550,438, a change of -3,936,307.
- Net loss of 22,235,079 reduced equity.
- Other factors increased equity by 18,298,772.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-22.24 Million | -400.6% |
| Other Changes | CA$18.30 Million | +329.68% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Q-Gold Resources Ltd'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$-0.01 | CA$0.17 | x |
| 2018-12-31 | CA$0.02 | CA$0.17 | x |
| 2019-12-31 | CA$0.00 | CA$0.17 | x |
| 2020-12-31 | CA$0.03 | CA$0.17 | x |
| 2021-12-31 | CA$0.01 | CA$0.17 | x |
| 2022-12-31 | CA$-0.02 | CA$0.17 | x |
| 2023-12-31 | CA$-0.03 | CA$0.17 | x |
| 2024-12-31 | CA$-0.03 | CA$0.17 | x |
| 2025-12-31 | CA$-0.04 | CA$0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Q-Gold Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-72.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-291.91K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-213.20K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-152.33K |
| 2016 | 0.00% | -1542441.67% | 0.00x | 0.00x | CA$-502.14K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-374.62K |
| 2018 | -141.50% | 0.00% | 0.00x | 1.18x | CA$-635.70K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-540.41K |
| 2020 | -318.32% | 0.00% | 0.00x | 1.43x | CA$-4.20 Million |
| 2021 | -477.64% | 0.00% | 0.00x | 2.90x | CA$-2.37 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.85 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-423.52K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-278.27K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-21.68 Million |
Industry Comparison
This section compares Q-Gold Resources Ltd'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: $13,972,362
- Average return on equity (ROE) among peers: -31.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Q-Gold Resources Ltd (QGR) | CA$-6.57 Million | 0.00% | N/A | $23.83 Million |
| AbraSilver Resource Corp. (ABRA) | $8.26 Million | -1.64% | 0.72x | $1.65 Billion |
| Archon Minerals Ltd (ACS) | $-749.69K | 0.00% | 0.00x | $2.76 Million |
| Arctic Star Exploration Corp (ADD) | $2.42 Million | -71.08% | 0.05x | $1.73 Million |
| Adyton Resources Corp (ADY) | $14.98 Million | 5.60% | 0.05x | $58.29 Million |
| Adamera Minerals Corp. (ADZ) | $591.38K | -199.89% | 1.34x | $4.32 Million |
| Austral Gold Ltd (AGLD) | $79.55 Million | 12.51% | 0.72x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $683.61K | -32.64% | 0.05x | $9.06 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $29.62 Million |
| American Creek Resources Ltd (AMK) | $6.93 Million | -15.59% | 0.01x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $11.08 Million | -9.78% | 0.02x | $4.54 Million |
About Q-Gold Resources Ltd
Q-Gold Resources Ltd. operates as a mineral exploration company in Canada. The company explores gold, silver, and other precious metal deposits. It holds 9,965 acres of contiguous mining claims, crown leases, and leasehold patents covering the Foley gold mine, Golden Star, and the McKenzie Gray gold/silver zone near Mine Centre, Ontario. The company also owns the Crone Hill and Quartz Butte depos… Read more