White Gold Corp Net Assets
White Gold Corp net assets. Based on the latest financial reports, White Gold Corp (WGO) has net assets worth CA$141.73 Million CAD (≈ $102.53 Million 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$157.86 Million ≈ $114.19 Million USD) and total liabilities (CA$16.12 Million ≈ $11.66 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 WGO net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$141.73 Million |
| % of Total Assets | 89.79% |
| Annual Growth Rate | 20.73% |
| 5-Year Change | 24.72% |
| 10-Year Change | 410.35% |
| Growth Volatility | 1815.23 |
Net Assets of White Gold Corp (2000–2025)
Net assets of White Gold Corp from 2000 to 2025. This chart illustrates how White Gold Corp's net assets have evolved over time, based on quarterly financial data. See White Gold Corp net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for White Gold Corp (2000–2025)
The table below shows the annual net assets of White Gold Corp from 2000 to 2025. For live market cap and overall valuation, see how much is White Gold Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$141.73 Million ≈ $102.53 Million |
+15.40% |
| 2024-12-31 | CA$122.82 Million ≈ $88.85 Million |
+2.15% |
| 2023-12-31 | CA$120.23 Million ≈ $86.97 Million |
+2.55% |
| 2022-12-31 | CA$117.25 Million ≈ $84.81 Million |
+3.17% |
| 2021-12-31 | CA$113.64 Million ≈ $82.21 Million |
+11.15% |
| 2020-12-31 | CA$102.24 Million ≈ $73.96 Million |
+0.63% |
| 2019-12-31 | CA$101.60 Million ≈ $73.49 Million |
+7.05% |
| 2018-12-31 | CA$94.91 Million ≈ $68.66 Million |
+20.90% |
| 2017-12-31 | CA$78.50 Million ≈ $56.79 Million |
+182.67% |
| 2016-12-31 | CA$27.77 Million ≈ $20.09 Million |
+8529.27% |
| 2015-12-31 | CA$321.83K ≈ $232.81K |
+159.95% |
| 2014-12-31 | CA$-536.82K ≈ $-388.33K |
-26.84% |
| 2013-12-31 | CA$-423.23K ≈ $-306.16K |
-4.91% |
| 2012-12-31 | CA$-403.41K ≈ $-291.82K |
-99.63% |
| 2011-12-31 | CA$-202.08K ≈ $-146.18K |
-142.94% |
| 2010-12-31 | CA$470.63K ≈ $340.44K |
-70.28% |
| 2009-12-31 | CA$1.58 Million ≈ $1.15 Million |
+621.64% |
| 2008-12-31 | CA$219.43K ≈ $158.73K |
-88.84% |
| 2007-12-31 | CA$1.97 Million ≈ $1.42 Million |
+17.66% |
| 2006-12-31 | CA$1.67 Million ≈ $1.21 Million |
-50.93% |
| 2005-12-31 | CA$3.41 Million ≈ $2.46 Million |
+59.04% |
| 2004-12-31 | CA$2.14 Million ≈ $1.55 Million |
+51.02% |
| 2003-12-31 | CA$1.42 Million ≈ $1.03 Million |
+0.15% |
| 2002-12-31 | CA$1.42 Million ≈ $1.02 Million |
+7.83% |
| 2001-12-31 | CA$1.31 Million ≈ $950.10K |
+2.93% |
| 2000-12-31 | CA$1.28 Million ≈ $923.01K |
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Equity Component Analysis
This analysis shows how different components contribute to White 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 3527277200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
White Gold Corp Net Assets Breakdown (December 2025)
White Gold Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$177.72 Million | 125.39% |
| Total Equity | CA$141.73 Million | 100.00% |
White Gold Corp Competitors by Market Cap
The table below lists competitors of White Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Yupont Electric Power Technology Co Ltd
SHG:688597
|
$259.65 Million |
|
Veedol Corporation Limited
NSE:VEEDOL
|
$259.66 Million |
|
LTC Co.Ltd
KQ:170920
|
$259.72 Million |
|
Shenzhen Wongtee International Enterprise Co Ltd
SHE:000056
|
$259.78 Million |
|
Pure Cycle Corporation
NASDAQ:PCYO
|
$259.60 Million |
|
Shenzhen Friendcom Technology Development Co Ltd
SHE:300514
|
$259.59 Million |
|
Amorepacific Corp Pref
KO:090435
|
$259.57 Million |
|
Hangzhou Xili Intelligent Technology Co. Ltd. A
SHG:688616
|
$259.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in White Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 122,818,879 to 141,734,339, a change of 18,915,460 (15.4%).
- Net loss of 3,853,902 reduced equity.
- New share issuances of 21,746,726 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.85 Million | -2.72% |
| Share Issuances | CA$21.75 Million | +15.34% |
| Other Changes | CA$1.02 Million | +0.72% |
| Total Change | CA$- | 15.40% |
Book Value vs Market Value Analysis
This analysis compares White 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: 2.53x
- 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 0.40x to 2.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CA$4.08 | CA$1.62 | x |
| 2001-12-31 | CA$4.05 | CA$1.62 | x |
| 2002-12-31 | CA$4.07 | CA$1.62 | x |
| 2003-12-31 | CA$4.16 | CA$1.62 | x |
| 2004-12-31 | CA$5.34 | CA$1.62 | x |
| 2005-12-31 | CA$4.49 | CA$1.62 | x |
| 2006-12-31 | CA$1.84 | CA$1.62 | x |
| 2007-12-31 | CA$2.15 | CA$1.62 | x |
| 2008-12-31 | CA$0.14 | CA$1.62 | x |
| 2009-12-31 | CA$0.70 | CA$1.62 | x |
| 2010-12-31 | CA$0.15 | CA$1.62 | x |
| 2011-12-31 | CA$-0.06 | CA$1.62 | x |
| 2012-12-31 | CA$-0.12 | CA$1.62 | x |
| 2013-12-31 | CA$-0.13 | CA$1.62 | x |
| 2014-12-31 | CA$-0.17 | CA$1.62 | x |
| 2015-12-31 | CA$0.02 | CA$1.62 | x |
| 2016-12-31 | CA$1.01 | CA$1.62 | x |
| 2017-12-31 | CA$1.04 | CA$1.62 | x |
| 2018-12-31 | CA$1.00 | CA$1.62 | x |
| 2019-12-31 | CA$0.89 | CA$1.62 | x |
| 2020-12-31 | CA$0.79 | CA$1.62 | x |
| 2021-12-31 | CA$0.84 | CA$1.62 | x |
| 2022-12-31 | CA$0.78 | CA$1.62 | x |
| 2023-12-31 | CA$0.75 | CA$1.62 | x |
| 2024-12-31 | CA$0.62 | CA$1.62 | x |
| 2025-12-31 | CA$0.64 | CA$1.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently White Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.11x
- Recent ROE (-2.72%) is above the historical average (-78.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -3.07% | 0.00% | 0.00x | 1.08x | CA$-166.78K |
| 2001 | -2.47% | 0.00% | 0.00x | 1.08x | CA$-163.79K |
| 2002 | -2.88% | 0.00% | 0.00x | 1.07x | CA$-182.43K |
| 2003 | -5.10% | 0.00% | 0.00x | 1.22x | CA$-214.21K |
| 2004 | -7.74% | 0.00% | 0.00x | 1.05x | CA$-379.92K |
| 2005 | -4.40% | 0.00% | 0.00x | 1.05x | CA$-490.64K |
| 2006 | -108.92% | 0.00% | 0.00x | 1.02x | CA$-1.99 Million |
| 2007 | -8.67% | 0.00% | 0.00x | 1.03x | CA$-367.21K |
| 2008 | -1447.66% | 0.00% | 0.00x | 1.70x | CA$-3.20 Million |
| 2009 | -91.96% | 0.00% | 0.00x | 1.09x | CA$-1.61 Million |
| 2010 | -290.18% | 0.00% | 0.00x | 1.26x | CA$-1.41 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.24 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-160.99K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$22.51K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-59.91K |
| 2015 | -45.30% | 0.00% | 0.00x | 1.33x | CA$-177.98K |
| 2016 | -1.07% | 0.00% | 0.00x | 1.06x | CA$-3.07 Million |
| 2017 | -4.11% | 0.00% | 0.00x | 1.15x | CA$-11.08 Million |
| 2018 | -5.86% | 0.00% | 0.00x | 1.16x | CA$-15.05 Million |
| 2019 | -0.31% | 0.00% | 0.00x | 1.12x | CA$-10.48 Million |
| 2020 | -6.47% | 0.00% | 0.00x | 1.15x | CA$-16.83 Million |
| 2021 | -1.07% | 0.00% | 0.00x | 1.12x | CA$-12.58 Million |
| 2022 | -0.94% | 0.00% | 0.00x | 1.12x | CA$-12.83 Million |
| 2023 | -1.84% | 0.00% | 0.00x | 1.12x | CA$-14.24 Million |
| 2024 | -2.04% | 0.00% | 0.00x | 1.12x | CA$-14.79 Million |
| 2025 | -2.72% | 0.00% | 0.00x | 1.11x | CA$-18.03 Million |
Industry Comparison
This section compares White 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 |
|---|---|---|---|---|
| White Gold Corp (WGO) | CA$141.73 Million | -3.07% | 0.11x | $259.63 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 White Gold Corp
White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, copper, molybdenum, and silver deposits. Its flagship project is the Golden Saddle and Arc deposits in the White Gold property located in Dawson City, Yukon. The company owns a portfolio of 15,364 quartz claims across 21 properties covering approximat… Read more