Group Eleven Resources Corp (ZNG) - Net Assets

Latest as of September 2025: CA$16.68 Million CAD ≈ $12.07 Million USD

Based on the latest financial reports, Group Eleven Resources Corp (ZNG) has net assets worth CA$16.68 Million CAD (≈ $12.07 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$17.62 Million ≈ $12.75 Million USD) and total liabilities (CA$940.88K ≈ $680.62K 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 ZNG tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$16.68 Million
% of Total Assets 94.66%
Annual Growth Rate 66.73%
5-Year Change -5.72%
10-Year Change N/A
Growth Volatility 530.95

Group Eleven Resources Corp - Net Assets Trend (2015–2024)

This chart illustrates how Group Eleven Resources Corp's net assets have evolved over time, based on quarterly financial data. See ZNG defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Group Eleven Resources Corp (2015–2024)

The table below shows the annual net assets of Group Eleven Resources Corp from 2015 to 2024. For live valuation and market cap data, see Group Eleven Resources Corp market capitalisation.

Year Net Assets Change
2024-12-31 CA$9.97 Million
≈ $7.21 Million		 -12.92%
2023-12-31 CA$11.45 Million
≈ $8.28 Million		 +22.32%
2022-12-31 CA$9.36 Million
≈ $6.77 Million		 +0.44%
2021-12-31 CA$9.32 Million
≈ $6.74 Million		 -11.88%
2020-12-31 CA$10.57 Million
≈ $7.65 Million		 +17.77%
2019-12-31 CA$8.98 Million
≈ $6.49 Million		 -14.28%
2018-12-31 CA$10.47 Million
≈ $7.58 Million		 -22.73%
2017-12-31 CA$13.55 Million
≈ $9.80 Million		 +684.33%
2016-12-31 CA$1.73 Million
≈ $1.25 Million		 +1627.95%
2015-12-31 CA$100.00K
≈ $72.34K		 --

Equity Component Analysis

This analysis shows how different components contribute to Group Eleven Resources 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 2088926600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$27.95 Million 399.64%
Total Equity CA$6.99 Million 100.00%

Group Eleven Resources Corp Competitors by Market Cap

The table below lists competitors of Group Eleven Resources Corp ranked by their market capitalization.

Company Market Cap
Intermedia Capital Tbk
JK:MDIA
 $160.85 Million
E-Life Mall Corp
TW:6281
 $160.91 Million
Teladan Setia Group Bhd
KLSE:0230
 $161.05 Million
United Paper Public Company Limited
BK:UTP
 $161.07 Million
Singatron Enterprise Co Ltd
TWO:6126
 $160.74 Million
Mpact Limited
JSE:MPT
 $160.60 Million
Media Capital
LS:MCP
 $160.58 Million
AROBS TRANSILVANIA SOFTWARE SA
RO:AROBS
 $160.57 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Group Eleven Resources Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,573,406 to 6,992,631, a change of -1,580,775 (-18.4%).
  • Net loss of 3,375,624 reduced equity.
  • Other factors increased equity by 1,794,849.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-3.38 Million -48.27%
Other Changes CA$1.79 Million +25.67%
Total Change CA$- -18.44%

Book Value vs Market Value Analysis

This analysis compares Group Eleven Resources 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: 25.89x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 212.49x to 25.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2015-12-31 CA$0.00 CA$0.85 x
2016-12-31 CA$0.11 CA$0.85 x
2017-12-31 CA$0.30 CA$0.85 x
2018-12-31 CA$0.12 CA$0.85 x
2019-12-31 CA$0.10 CA$0.85 x
2020-12-31 CA$0.08 CA$0.85 x
2021-12-31 CA$0.05 CA$0.85 x
2022-12-31 CA$0.04 CA$0.85 x
2023-12-31 CA$0.04 CA$0.85 x
2024-12-31 CA$0.03 CA$0.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Group Eleven Resources 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): -48.27%
  • 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: 1.53x
  • Recent ROE (-48.27%) is below the historical average (-38.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 -63.79% 0.00% 0.00x 1.20x CA$-73.79K
2016 -34.10% 0.00% 0.00x 1.12x CA$-762.08K
2017 -22.92% 0.00% 0.00x 1.35x CA$-3.46 Million
2018 -46.01% 0.00% 0.00x 1.51x CA$-4.09 Million
2019 -46.81% 0.00% 0.00x 1.63x CA$-3.46 Million
2020 -24.94% 0.00% 0.00x 1.52x CA$-2.61 Million
2021 -31.68% 0.00% 0.00x 1.58x CA$-2.61 Million
2022 -37.33% 0.00% 0.00x 1.57x CA$-3.05 Million
2023 -28.99% 0.00% 0.00x 1.44x CA$-3.34 Million
2024 -48.27% 0.00% 0.00x 1.53x CA$-4.07 Million

Industry Comparison

This section compares Group Eleven Resources Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $40,440,349
  • Average return on equity (ROE) among peers: -44.34%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Group Eleven Resources Corp (ZNG) CA$16.68 Million -63.79% 0.06x $160.76 Million
Aftermath Silver Ltd (AAG) $23.92 Million -29.78% 0.34x $168.05 Million
Aton Resources Inc (AAN) $2.59 Million -161.78% 0.36x $43.33 Million
Arbor Metals Corp (ABR) $3.78 Million -10.88% 0.34x $8.19 Million
Asiabasemetals Inc (ABZ) $717.72K -45.73% 0.05x $3.27 Million
Adex Mining Inc (ADE) $-4.38 Million 0.00% 0.00x $67.72 Million
Alphamin Res (AFM) $310.73 Million 15.51% 0.36x $1.34 Billion
Silver X Mining Corp (AGX) $18.71 Million -66.45% 1.77x $126.80 Million
Amarc Resources Ltd. (AHR) $1.25 Million -166.39% 1.91x $163.00 Million
Almonty Industries Inc (AII) $47.10 Million 22.07% 0.87x $5.44 Billion
Aldebaran Resources Inc (ALDE) $1.00 0.00% 0.00x $390.90 Million

About Group Eleven Resources Corp

V:ZNG Canada Other Industrial Metals & Mining
Market Cap
$160.76 Million
CA$222.23 Million CAD
Market Cap Rank
#17476 Global
#556 in Canada
Share Price
CA$0.85
Change (1 day)
-6.59%
52-Week Range
CA$0.31 - CA$1.30
All Time High
CA$1.30
Categories
Companies in Canada Other Industrial Metals & Mining
About

Group Eleven Resources Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Ireland. It primarily explores for zinc, lead, and silver deposits. The company owns 100% interest in the Silvermines project that consists of two prospecting licenses (PLs) covering an area of 43.0 square kilometers located in the western Ireland; and the … Read more