Solstice Gold Corp (SGC) - Net Assets
Based on the latest financial reports, Solstice Gold Corp (SGC) has net assets worth CA$788.96K CAD (≈ $570.72K 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$972.58K ≈ $703.55K USD) and total liabilities (CA$183.62K ≈ $132.83K 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 tangible net worth ratio of Solstice Gold Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$788.96K |
| % of Total Assets | 81.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | -97.81% |
| 10-Year Change | N/A |
| Growth Volatility | 99.22 |
Solstice Gold Corp - Net Assets Trend (2017–2024)
This chart illustrates how Solstice Gold Corp's net assets have evolved over time, based on quarterly financial data. See SGC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Solstice Gold Corp (2017–2024)
The table below shows the annual net assets of Solstice Gold Corp from 2017 to 2024. For live valuation and market cap data, see Solstice Gold Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$361.17K ≈ $261.26K |
-63.87% |
| 2023-06-30 | CA$999.52K ≈ $723.04K |
-44.28% |
| 2022-06-30 | CA$1.79 Million ≈ $1.30 Million |
+209.08% |
| 2021-06-30 | CA$580.32K ≈ $419.79K |
-96.47% |
| 2020-06-30 | CA$16.46 Million ≈ $11.91 Million |
+4.81% |
| 2019-06-30 | CA$15.70 Million ≈ $11.36 Million |
+0.95% |
| 2018-06-30 | CA$15.56 Million ≈ $11.25 Million |
+1464871.19% |
| 2017-06-30 | CA$-1.06K ≈ $-768.23 |
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Equity Component Analysis
This analysis shows how different components contribute to Solstice 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 2949831100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$29.86 Million | 8267.73% |
| Total Equity | CA$361.17K | 100.00% |
Solstice Gold Corp Competitors by Market Cap
The table below lists competitors of Solstice Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lodestar Minerals Ltd
AU:LSR
|
$11.38 Million |
|
elumeo SE
XETRA:ELB
|
$11.38 Million |
|
Noble Mineral Exploration Inc
V:NOB
|
$11.39 Million |
|
Metals Australia Ltd
AU:MLS
|
$11.39 Million |
|
NPK Co.Ltd
KQ:048830
|
$11.38 Million |
|
Avicanna Inc
TO:AVCN
|
$11.37 Million |
|
AirIQ Inc
V:IQ
|
$11.37 Million |
|
Activeport Group Ltd
AU:ATV
|
$11.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solstice Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 999,517 to 361,170, a change of -638,347 (-63.9%).
- Net loss of 886,481 reduced equity.
- New share issuances of 563,323 increased equity.
- Other comprehensive income decreased equity by 3,516,507.
- Other factors increased equity by 3,201,318.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-886.48K | -245.45% |
| Share Issuances | CA$563.32K | +155.97% |
| Other Comprehensive Income | CA$-3.52 Million | -973.64% |
| Other Changes | CA$3.20 Million | +886.37% |
| Total Change | CA$- | -63.87% |
Book Value vs Market Value Analysis
This analysis compares Solstice 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: 33.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | CA$0.00 | CA$0.06 | x |
| 2018-06-30 | CA$0.57 | CA$0.06 | x |
| 2019-06-30 | CA$0.23 | CA$0.06 | x |
| 2020-06-30 | CA$0.23 | CA$0.06 | x |
| 2021-06-30 | CA$0.01 | CA$0.06 | x |
| 2022-06-30 | CA$0.01 | CA$0.06 | x |
| 2023-06-30 | CA$0.01 | CA$0.06 | x |
| 2024-06-30 | CA$0.00 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solstice Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -245.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.54x
- Recent ROE (-245.45%) is below the historical average (-100.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-956.80 |
| 2018 | -14.00% | 0.00% | 0.00x | 1.12x | CA$-3.73 Million |
| 2019 | -4.67% | 0.00% | 0.00x | 1.04x | CA$-2.30 Million |
| 2020 | -4.14% | 0.00% | 0.00x | 1.04x | CA$-2.33 Million |
| 2021 | -71.83% | 0.00% | 0.00x | 1.36x | CA$-474.85K |
| 2022 | -108.28% | 0.00% | 0.00x | 1.23x | CA$-2.12 Million |
| 2023 | -351.86% | 0.00% | 0.00x | 1.14x | CA$-3.62 Million |
| 2024 | -245.45% | 0.00% | 0.00x | 1.54x | CA$-922.60K |
Industry Comparison
This section compares Solstice Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,457,076,334
- Average return on equity (ROE) among peers: -12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solstice Gold Corp (SGC) | CA$788.96K | 0.00% | 0.23x | $11.38 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.29 Billion |
| Abcourt Mines Inc. (ABI) | $3.33 Million | -20.67% | 0.04x | $77.46 Million |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $70.55 Billion |
| American Eagle Gold Corp (AE) | $35.20 Million | -22.32% | 0.04x | $142.56 Million |
| Agnico Eagle Mines Limited (AEM) | $2.06 Billion | 6.77% | 0.33x | $86.35 Billion |
| Alamos Gold Inc (AGI) | $25.69 Million | -7.53% | 0.11x | $15.94 Billion |
| AIS Resources Ltd (AIS) | $479.48K | -11.79% | 0.06x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $24.24 Million | -6.73% | 0.03x | $41.82 Million |
| Almaden Minerals Ltd (AMM) | $5.18 Million | -58.59% | 0.09x | $24.82 Million |
About Solstice Gold Corp
Solstice Gold Corp., an exploration company, engages in the exploration for and development of mineral resource properties in Canada. It primarily explores for gold and lithium deposits. The company was formerly known as Dunnedin Gold Inc. and changed its name to Solstice Gold Corp. in September 2017. Solstice Gold Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.