Golden Mile Resources Ltd (G88) - Total Assets
Based on the latest financial reports, Golden Mile Resources Ltd (G88) holds total assets worth AU$3.98 Million AUD (≈ $2.82 Million USD) 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. See G88 book value for net asset value and shareholders' equity analysis.
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.
Golden Mile Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Golden Mile Resources Ltd's total assets of AU$3.98 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 market capitalisation.
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 |
|---|---|---|
|
Vale S.A
F:CVLB
|
Germany | €86.53 Billion |
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €30.52 Billion |
|
MP Materials Corp
NYSE:MP
|
USA | $3.80 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Tibet Huayu Mining Co Ltd
SHG:601020
|
China | CN¥10.37 Billion |
|
Minera Frisco S.A.B. de C.V
MX:MFRISCOA-1
|
Mexico | MX$28.40 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$647.20 Million |
|
Sichuan Anning Iron and Titanium Co
SHE:002978
|
China | CN¥16.68 Billion |
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 | 1.68 | 6.67 | 16.86 |
| Quick Ratio | 1.68 | 6.80 | 16.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$288.06K | AU$933.13K | AU$655.11K |
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 | 1.24 |
| Latest Market Cap to Assets Ratio | 0.67 |
| Asset Growth Rate (YoY) | -37.8% |
| Total Assets | AU$3.98 Million |
| Market Capitalization | $2.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values Golden Mile Resources Ltd's assets below their book value (0.67x), which may indicate investor concerns about asset quality or future growth.
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.