Toogood Gold

Toogood Gold Equity

The The Equity of Toogood Gold (TGC.V) as of Oct 20, 2026 is 119,300.00 CAD. In the previous year, The Equity was 295,400.00 CAD — a change of -59.61% (lower).

Equity

119,300.00CAD

YoY

-59.61%

Last updated:

In 2025, Toogood Gold's equity was 119,300.00 CAD, a -59.61% increase from the 295,400.00 CAD equity in the previous year.

The Toogood Gold Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Equity
Date
Equity
Jan 1, 2022
448,600.00 CAD
Jan 1, 2023
378,900.00 CAD
Jan 1, 2024
295,400.00 CAD
Jan 1, 2025
119,300.00 CAD
The Toogood Gold Equity history
YEAREquityYoY
119,300.00CAD-59.61%
295,400.00CAD-22.04%
378,900.00CAD-15.54%
448,600.00CAD—

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Toogood Gold Stock analysis

What does Toogood Gold do? Smithe Resources Corp. operates as a blank check company focused on identifying and evaluating potential acquisition targets to satisfy qualifying transaction conditions under exchange policy. The company generates revenue primarily through the issuance of capital stock, with its main funding source coming from initial public offering proceeds. Its target market consists of businesses seeking acquisition opportunities through a public listing structure. The company's operational model relies on securing capital from investors to fund future acquisitions. Smithe Resources Corp. does not sell products or services directly to end consumers. Instead, it functions as a vehicle for potential acquisitions, attracting investors who provide capital in exchange for equity stakes. The company's business model centers on leveraging public market access to facilitate mergers and acquisitions without direct operational revenue streams. Its primary financial activity involves raising funds through stock issuance to support future acquisition targets. The company's funding mechanism is tied to its IPO on October 21, 2021, with capital raised from stock issuance forming the basis of its financial structure. It operates under the framework of exchange policy requirements for qualifying transactions, aiming to identify suitable assets or businesses for potential acquisition. Smithe Resources Corp. serves as a financial intermediary between investors and potential acquisition targets within the public market. Toogood Gold is one of the most popular companies on Eulerpool.

Equity Details

Analyzing Toogood Gold's Equity

Toogood Gold's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Toogood Gold's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Toogood Gold's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Toogood Gold's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Toogood Gold’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Toogood Gold stock

The Equity of Toogood Gold is 119,300.00 CAD in 2025.

The Equity of Toogood Gold changed from 295,400.00 CAD to 119,300.00 CAD, representing a -59.61% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of The Equity Toogood Gold since 2006 – with annual values, charts, and detailed analysis.

The Equity's CAD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track The Equity's Toogood Gold historically and in real time.

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Balance Sheet — Toogood Gold

All Key Metrics — Toogood Gold