African Gold Ltd
African Gold Limited, together with its subsidiaries, engages in acquiring, exploring, evaluating, and exploiting mineral resource projects in Africa. It primarily explores for gold, nickel, cobalt, copper, lithium, tantalum, niobium, and beryllium deposits. The company's flagship project is the Didievi gold project located in Côte d'Ivoire. African Gold Limited was incorporated in 2018 and is he… Read more
African Gold Ltd (A1G) - Total Assets
Latest total assets as of June 2025: AU$18.39 Million AUD
Based on the latest financial reports, African Gold Ltd (A1G) holds total assets worth AU$18.39 Million AUD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
African Gold Ltd - Total Assets Trend (2018–2024)
This chart illustrates how African Gold Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
African Gold Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
African Gold Ltd's total assets of AU$18.39 Million consist of 13.8% current assets and 86.2% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$1.11 Million | 12.2% |
| Accounts Receivable | AU$64.57K | 0.7% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$7.88 Million | 86.2% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how African Gold Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: African Gold Ltd's current assets represent 13.8% of total assets in 2024, a decrease from 99.3% in 2018.
- Cash Position: Cash and equivalents constituted 12.2% of total assets in 2024, up from 1.3% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is property, plant & equipment at 86.2% of total assets.
African Gold Ltd Competitors by Total Assets
Key competitors of African Gold Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
African Gold Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - African Gold Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - African Gold Ltd is currently not profitable relative to its asset base.
African Gold Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 9.75 | 0.74 | 1.74 |
| Quick Ratio | 9.75 | 0.79 | 1.74 |
| Cash Ratio | 1.29 | 0.65 | 1.53 |
| Working Capital | AU$11.35 Million | AU$ -352.69K | AU$ 301.56K |
African Gold Ltd - Advanced Valuation Insights
This section examines the relationship between African Gold Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 31.88 |
| Latest Market Cap to Assets Ratio | 18.63 |
| Asset Growth Rate (YoY) | -18.8% |
| Total Assets | AU$9.15 Million |
| Market Capitalization | $170.41 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values African Gold Ltd's assets at a significant premium ( 18.63x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: African Gold Ltd's assets decreased by 18.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for African Gold Ltd (2018–2024)
The table below shows the annual total assets of African Gold Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$9.15 Million | -18.83% |
| 2023-12-31 | AU$11.27 Million | -3.33% |
| 2022-12-31 | AU$11.66 Million | -2.34% |
| 2021-12-31 | AU$11.93 Million | +83.61% |
| 2020-12-31 | AU$6.50 Million | +5.61% |
| 2019-12-31 | AU$6.15 Million | +49.28% |
| 2018-12-31 | AU$4.12 Million | -- |