Soma Gold Corp Net Assets
Soma Gold Corp net assets. Based on the latest financial reports, Soma Gold Corp (SOMA) has net assets worth CA$78.14 Million CAD (≈ $56.52 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$128.83 Million ≈ $93.19 Million USD) and total liabilities (CA$50.69 Million ≈ $36.67 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 SOMA shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$78.14 Million |
| % of Total Assets | 60.65% |
| Annual Growth Rate | 22.68% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 189.8 |
Net Assets of Soma Gold Corp (2017–2025)
Net assets of Soma Gold Corp from 2017 to 2025. This chart illustrates how Soma Gold Corp's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Soma Gold Corp to measure how much of total assets are equity-financed.
Annual Net Assets for Soma Gold Corp (2017–2025)
The table below shows the annual net assets of Soma Gold Corp from 2017 to 2025. For live market cap and overall valuation, see SOMA market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$44.45 Million ≈ $32.16 Million |
+178.49% |
| 2024-12-31 | CA$15.96 Million ≈ $11.55 Million |
+12.78% |
| 2023-12-31 | CA$14.15 Million ≈ $10.24 Million |
+411.78% |
| 2022-12-31 | CA$2.77 Million ≈ $2.00 Million |
+282.11% |
| 2021-12-31 | CA$-1.52 Million ≈ $-1.10 Million |
-1946.70% |
| 2020-12-31 | CA$-74.20K ≈ $-53.67K |
+99.19% |
| 2019-12-31 | CA$-9.21 Million ≈ $-6.66 Million |
-161.59% |
| 2018-12-31 | CA$14.95 Million ≈ $10.82 Million |
+72.62% |
| 2017-12-31 | CA$8.66 Million ≈ $6.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Soma 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 3795915800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Soma Gold Corp Net Assets Breakdown (December 2025)
Soma Gold Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$99.16 Million | 223.07% |
| Total Equity | CA$44.45 Million | 100.00% |
Soma Gold Corp Competitors by Market Cap
The table below lists competitors of Soma Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Escort Teknoloji Yatirim AS
IS:ESCOM
|
$57.15 Million |
|
Blue Lagoon Resources Inc
F:7BL
|
$57.18 Million |
|
Keum Kang Steel Co. Ltd
KQ:053260
|
$57.19 Million |
|
Prakash Pipes Limited
NSE:PPL
|
$57.24 Million |
|
Tex-Ray Industrial Co Ltd
TW:1467
|
$57.12 Million |
|
Victek Co. Ltd
KQ:065450
|
$57.12 Million |
|
Multi Retail Group Ltd
TA:MRG
|
$57.11 Million |
|
Permianville Royalty Trust
NYSE:PVL
|
$57.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Soma Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,961,949 to 44,453,102, a change of 28,491,153 (178.5%).
- Net loss of 2,934,874 reduced equity.
- New share issuances of 17,247,500 increased equity.
- Other factors increased equity by 14,178,527.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.93 Million | -6.6% |
| Share Issuances | CA$17.25 Million | +38.8% |
| Other Changes | CA$14.18 Million | +31.9% |
| Total Change | CA$- | 178.49% |
Book Value vs Market Value Analysis
This analysis compares Soma 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: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.90x to 1.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.58 | CA$0.52 | x |
| 2018-12-31 | CA$0.86 | CA$0.52 | x |
| 2019-12-31 | CA$-0.30 | CA$0.52 | x |
| 2020-12-31 | CA$0.00 | CA$0.52 | x |
| 2021-12-31 | CA$-0.02 | CA$0.52 | x |
| 2022-12-31 | CA$0.03 | CA$0.52 | x |
| 2023-12-31 | CA$0.15 | CA$0.52 | x |
| 2024-12-31 | CA$0.17 | CA$0.52 | x |
| 2025-12-31 | CA$0.38 | CA$0.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Soma Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.36%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.36x
- Recent ROE (-6.60%) is above the historical average (-11.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -84.26% | 0.00% | 0.00x | 4.17x | CA$-7.54 Million |
| 2018 | -71.63% | 0.00% | 0.00x | 3.49x | CA$-11.56 Million |
| 2019 | 0.00% | -2368.21% | 0.04x | 0.00x | CA$-36.75 Million |
| 2020 | 0.00% | 29.14% | 0.71x | 0.00x | CA$6.73 Million |
| 2021 | 0.00% | -3.05% | 1.16x | 0.00x | CA$-1.07 Million |
| 2022 | 9.31% | 0.49% | 1.03x | 18.63x | CA$-19.02K |
| 2023 | 19.76% | 3.45% | 1.10x | 5.24x | CA$1.38 Million |
| 2024 | 26.48% | 4.73% | 1.13x | 4.96x | CA$2.63 Million |
| 2025 | -6.60% | -3.36% | 0.83x | 2.36x | CA$-7.38 Million |
Industry Comparison
This section compares Soma Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,077,133,828
- Average return on equity (ROE) among peers: -34.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Soma Gold Corp (SOMA) | CA$78.14 Million | -84.26% | 0.65x | $57.13 Million |
| Allied Gold Corporation (AAUC) | $381.03 Million | -54.71% | 1.51x | $2.60 Billion |
| Abcourt Mines Inc. (ABI) | $29.83 Million | 4.74% | 0.39x | $47.48 Million |
| Barrick Gold Corp (ABX) | $5.43 Billion | 4.75% | 0.42x | $66.76 Billion |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $134.90 Million |
| Agnico Eagle Mines Limited (AEM) | $4.07 Billion | 2.04% | 0.68x | $93.89 Billion |
| Alamos Gold Inc (AGI) | $811.95 Million | 4.78% | 0.11x | $12.74 Billion |
| AIS Resources Ltd (AIS) | $2.11 Million | -4.60% | 0.02x | $2.02 Million |
| Alliance Mining Corp (ALM) | $-1.94 Million | 0.00% | 0.00x | $2.09 Million |
| Altamira Gold Corp (ALTA) | $3.23 Million | -116.98% | 0.10x | $37.55 Million |
| Almaden Minerals Ltd (AMM) | $39.64 Million | -37.80% | 0.06x | $24.82 Million |
About Soma Gold Corp
Soma Gold Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia. It operates El Bagre gold mining complex, which consists of an operating gold processing plant and the Cordero underground mine located in the Antioquia, Colombia. The company was formerly known as Para Resources Inc. and changed its name to Soma Gold Corp. in M… Read more