Golden Mile Resources Ltd (G88) - Total Assets
Based on the latest financial reports, Golden Mile Resources Ltd (G88) holds total assets worth AU$2.33 Million AUD (≈ $1.65 Million USD) as of December 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. Explore Golden Mile Resources Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Golden Mile Resources Ltd - Total Assets Trend (2017–2025)
This chart illustrates how Golden Mile Resources Ltd's total assets have evolved over time, based on quarterly financial data. See Golden Mile Resources Ltd (G88) shareholders funds for net asset value and shareholders' equity analysis.
Golden Mile Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Golden Mile Resources Ltd's total assets of AU$2.33 Million consist of 17.9% current assets and 82.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 14.8% |
| Accounts Receivable | AU$24.91K | 0.6% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$3.27 Million | 82.1% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how Golden Mile Resources 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. For live market cap, price, and company overview, see Golden Mile Resources Ltd (G88) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Golden Mile Resources Ltd's current assets represent 17.9% of total assets in 2025, a decrease from 88.6% in 2017.
- Cash Position: Cash and equivalents constituted 14.8% of total assets in 2025, down from 87.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 82.1% of total assets.
Golden Mile Resources Ltd Competitors by Total Assets
Key competitors of Golden Mile Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Rio Tinto Group
F:RIOA
|
Germany | €128.10 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥174.67 Billion |
|
MP Materials Corp
NYSE:MP
|
USA | $3.80 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Almonty Industries Inc. Common Shares
NASDAQ:ALM
|
USA | $589.73 Million |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716
|
China | CN¥6.71 Billion |
|
Vale Indonesia Tbk
JK:INCO
|
Indonesia | Rp3.34 Billion |
|
Alphamin Res
V:AFM
|
Canada | CA$606.57 Million |
Golden Mile Resources Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.79 | 3.53 | 35.70 |
| Quick Ratio | 0.79 | 3.53 | 35.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-65.61K | AU$438.95K | AU$1.56 Million |
Golden Mile Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Golden Mile Resources 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 | 2.23 |
| Latest Market Cap to Assets Ratio | 0.93 |
| Asset Growth Rate (YoY) | -37.8% |
| Total Assets | AU$3.98 Million |
| Market Capitalization | $3.70 Million USD |
Valuation Analysis
Near Book Valuation: The market values Golden Mile Resources Ltd's assets close to their book value (0.93x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Golden Mile Resources Ltd's assets decreased by 37.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Golden Mile Resources Ltd (2017–2025)
The table below shows the annual total assets of Golden Mile Resources Ltd from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$3.98 Million ≈ $2.82 Million |
-37.79% |
| 2024-06-30 | AU$6.40 Million ≈ $4.53 Million |
-8.37% |
| 2023-06-30 | AU$6.98 Million ≈ $4.94 Million |
+35.95% |
| 2022-06-30 | AU$5.14 Million ≈ $3.63 Million |
+74.26% |
| 2021-06-30 | AU$2.95 Million ≈ $2.09 Million |
+126.52% |
| 2020-06-30 | AU$1.30 Million ≈ $920.68K |
-73.04% |
| 2019-06-30 | AU$4.83 Million ≈ $3.41 Million |
+9.56% |
| 2018-06-30 | AU$4.40 Million ≈ $3.12 Million |
-12.78% |
| 2017-06-30 | AU$5.05 Million ≈ $3.57 Million |
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About Golden Mile Resources Ltd
Golden Mile Resources Limited engages in the acquisition, exploration, and development of mineral properties in Western Australia and the United States. The company explores for gold, nickel, cobalt, copper, base metal, zinc, lithium, molybdenum, bismuth, silver, and lead deposits. Golden Mile Resources Limited was incorporated in 2016 and is based in Melbourne, Australia.