Pasofino Gold Limited Net Assets
Pasofino Gold Limited net assets. Based on the latest financial reports, Pasofino Gold Limited (VEIN) has net assets worth CA$-18.20 Million CAD (≈ $-13.17 Million USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$10.31 Million ≈ $7.46 Million USD) and total liabilities (CA$28.51 Million ≈ $20.62 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore VEIN net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-18.20 Million |
| % of Total Assets | -176.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 787.52 |
Net Assets of Pasofino Gold Limited (2014–2025)
Net assets of Pasofino Gold Limited from 2014 to 2025. This chart illustrates how Pasofino Gold Limited's net assets have evolved over time, based on quarterly financial data. See VEIN net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Pasofino Gold Limited (2014–2025)
The table below shows the annual net assets of Pasofino Gold Limited from 2014 to 2025. For live market cap and overall valuation, see VEIN stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | CA$-26.98 Million ≈ $-19.52 Million |
-126.67% |
| 2024-04-30 | CA$-11.90 Million ≈ $-8.61 Million |
-2063.72% |
| 2023-04-30 | CA$606.19K ≈ $438.51K |
+40.14% |
| 2022-04-30 | CA$432.55K ≈ $312.90K |
+119.51% |
| 2021-04-30 | CA$-2.22 Million ≈ $-1.60 Million |
-4742.95% |
| 2020-04-30 | CA$-45.78K ≈ $-33.12K |
+73.34% |
| 2019-04-30 | CA$-171.71K ≈ $-124.21K |
-109.87% |
| 2018-04-30 | CA$1.74 Million ≈ $1.26 Million |
-66.27% |
| 2017-04-30 | CA$5.16 Million ≈ $3.73 Million |
+1275.45% |
| 2016-04-30 | CA$-439.01K ≈ $-317.57K |
-52.33% |
| 2015-04-30 | CA$-288.20K ≈ $-208.48K |
-345.02% |
| 2014-04-30 | CA$117.62K ≈ $85.09K |
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Equity Component Analysis
This analysis shows how different components contribute to Pasofino Gold Limited'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 6742001800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Pasofino Gold Limited Net Assets Breakdown (April 2025)
Pasofino Gold Limited net assets breakdown by equity component as of April 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$41.82 Million | % |
| Total Equity | CA$-26.98 Million | 100.00% |
Pasofino Gold Limited Competitors by Market Cap
The table below lists competitors of Pasofino Gold Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Markforged Holding Corp
NYSE:MKFG
|
$98.34 Million |
|
Unicycive Therapeutics Inc
NASDAQ:UNCY
|
$98.34 Million |
|
Bioneer Corporation
KQ:064550
|
$98.39 Million |
|
Powercell Sweden
ST:PCELL
|
$98.39 Million |
|
Sukgyung AT Co. Ltd.
KQ:357550
|
$98.31 Million |
|
Geodrill Limited
TO:GEO
|
$98.30 Million |
|
Wealth First Portfolio Managers Limited
NSE:WEALTH
|
$98.26 Million |
|
Papaya Growth Opportunity Corp I
NASDAQ:PPYA
|
$98.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pasofino Gold Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -11,903,859 to -26,982,921, a change of -15,079,062.
- Net loss of 21,051,280 reduced equity.
- New share issuances of 3,364,737 increased equity.
- Other factors increased equity by 2,607,481.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-21.05 Million | -78.02% |
| Share Issuances | CA$3.36 Million | +12.47% |
| Other Changes | CA$2.61 Million | +9.66% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Pasofino Gold Limited'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 |
|---|---|---|---|
| 2017-04-30 | CA$0.75 | CA$0.90 | x |
| 2018-04-30 | CA$0.24 | CA$0.90 | x |
| 2019-04-30 | CA$-0.02 | CA$0.90 | x |
| 2020-04-30 | CA$0.00 | CA$0.90 | x |
| 2021-04-30 | CA$-0.10 | CA$0.90 | x |
| 2022-04-30 | CA$0.01 | CA$0.90 | x |
| 2023-04-30 | CA$0.01 | CA$0.90 | x |
| 2024-04-30 | CA$-0.11 | CA$0.90 | x |
| 2025-04-30 | CA$-0.23 | CA$0.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pasofino Gold Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-442.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -316.83% | 0.00% | 0.00x | 2.20x | CA$-384.43K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-377.00K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-126.67K |
| 2017 | -28.73% | 0.00% | 0.00x | 1.23x | CA$-2.00 Million |
| 2018 | -406.99% | 0.00% | 0.00x | 1.36x | CA$-7.26 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.56 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-335.12K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-45.64 Million |
| 2022 | -3613.34% | 0.00% | 0.00x | 4.74x | CA$-15.67 Million |
| 2023 | -944.78% | 0.00% | 0.00x | 3.84x | CA$-5.79 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-24.26 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-18.35 Million |
Industry Comparison
This section compares Pasofino Gold Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $677,650,424
- Average return on equity (ROE) among peers: -20.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pasofino Gold Limited (VEIN) | CA$-18.20 Million | -316.83% | N/A | $98.33 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $2.40 Billion |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $47.48 Million |
| Barrick Gold Corp (ABX) | $3.85 Billion | 10.41% | 0.78x | $61.83 Billion |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $133.41 Million |
| Agnico Eagle Mines Limited (AEM) | $110.01 Million | 9.00% | 1.33x | $85.78 Billion |
| Alamos Gold Inc (AGI) | $2.70 Billion | 3.57% | 0.26x | $11.51 Billion |
| AIS Resources Ltd (AIS) | $2.27 Million | 1.48% | 0.03x | $2.02 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $2.09 Million |
| Altamira Gold Corp (ALTA) | $2.59 Million | -43.05% | 0.10x | $38.63 Million |
| Almaden Minerals Ltd (AMM) | $9.85 Million | -13.46% | 0.05x | $24.82 Million |
About Pasofino Gold Limited
Pasofino Gold Limited, a Canada-based mineral exploration company, engages in the acquisition, exploration, and development of mineral properties Liberia. The company explores for gold deposits. It holds 100% interest in the Dugbe Gold Project located in southern Liberia. The company is headquartered in Toronto, Canada. Pasofino Gold Limited operates as a subsidiary of Mansa Resources Limited.