Golden Horse Minerals Ltd (GHM) - Total Assets
Based on the latest financial reports, Golden Horse Minerals Ltd (GHM) holds total assets worth AU$43.11 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.
Golden Horse Minerals Ltd - Total Assets Trend (2010–2023)
This chart illustrates how Golden Horse Minerals Ltd's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Golden Horse Minerals Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Golden Horse Minerals Ltd's total assets of AU$43.11 Million consist of 24.7% current assets and 75.3% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$2.13 Million | 20.1% |
| Accounts Receivable | AU$77.51K | 0.8% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$8.00 Million | 83.1% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2010–2023)
This chart illustrates how Golden Horse Minerals 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: Golden Horse Minerals Ltd's current assets represent 24.7% of total assets in 2023, a decrease from 27.4% in 2010.
- Cash Position: Cash and equivalents constituted 20.1% of total assets in 2023, down from 27.1% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is property, plant & equipment at 83.1% of total assets.
Golden Horse Minerals Ltd Competitors by Total Assets
Key competitors of Golden Horse Minerals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Resource Base Ltd
AU:RBX
|
Australia | AU$1.81 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
|
AMIGO HLDGS PLC. LS-0025
F:0VG
|
Germany | €46.30 Million |
|
Asante Gold Corporation
F:1A9
|
Germany | €913.08 Million |
|
American Pacific Mining Corp
F:1QC1
|
Germany | €39.92 Million |
|
SITKA GOLD CORP
F:1RF
|
Germany | €70.38 Million |
Golden Horse Minerals 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 | 6.35 | 1.47 | 0.17 |
| Quick Ratio | 6.35 | 1.47 | 0.17 |
| Cash Ratio | 6.21 | 0.61 | 0.00 |
| Working Capital | AU$12.88 Million | AU$768.35K | AU$-1.66 Million |
Golden Horse Minerals Ltd - Advanced Valuation Insights
This section examines the relationship between Golden Horse Minerals 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 | 14.85 |
| Latest Market Cap to Assets Ratio | 6.79 |
| Asset Growth Rate (YoY) | 99.6% |
| Total Assets | AU$9.62 Million |
| Market Capitalization | $65.37 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Golden Horse Minerals Ltd's assets at a significant premium (6.79x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Golden Horse Minerals Ltd's assets grew by 99.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Golden Horse Minerals Ltd (2010–2023)
The table below shows the annual total assets of Golden Horse Minerals Ltd from 2010 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | AU$9.62 Million | +99.59% |
| 2022-12-31 | AU$4.82 Million | +9.37% |
| 2021-12-31 | AU$4.41 Million | +34.69% |
| 2020-12-31 | AU$3.27 Million | +425.57% |
| 2019-12-31 | AU$622.81K | +860.34% |
| 2018-12-31 | AU$64.85K | +60.02% |
| 2017-12-31 | AU$40.53K | -54.41% |
| 2016-12-31 | AU$88.90K | -95.55% |
| 2015-12-31 | AU$2.00 Million | -74.81% |
| 2014-12-31 | AU$7.93 Million | +4.48% |
| 2013-12-31 | AU$7.59 Million | -17.54% |
| 2012-12-31 | AU$9.21 Million | +6.54% |
| 2011-12-31 | AU$8.64 Million | -17.60% |
| 2010-12-31 | AU$10.49 Million | -- |
About Golden Horse Minerals Ltd
Golden Horse Minerals Limited operates as a gold exploration company that is engaged in the acquisition, exploration, and development of mineral projects in Western Australia. It primarily explores for gold, nickel, and lithium exploration. The company's principal project is the Southern Cross North project covering an area of approximately 930 square kilometers located in Perth, Western Australi… Read more