Golden State Mining Ltd
Golden State Mining Limited, through its subsidiaries, engages in the acquisition, exploration, evaluation, and investment of mineral properties in Australia. The company explores for gold, lithium, nickel, copper, base metal, and rare earth element deposits. Golden State Mining Limited was incorporated in 2017 and is based in Ardross, Australia.
Golden State Mining Ltd (GSM) - Total Assets
Latest total assets as of June 2025: AU$727.10K AUD
Based on the latest financial reports, Golden State Mining Ltd (GSM) holds total assets worth AU$727.10K 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 State Mining Ltd - Total Assets Trend (2018–2025)
This chart illustrates how Golden State Mining Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Golden State Mining Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Golden State Mining Ltd's total assets of AU$727.10K consist of 99.5% current assets and 0.5% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$719.95K | 99.0% |
| Accounts Receivable | AU$3.52K | 0.5% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$3.64K | 0.5% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2018–2025)
This chart illustrates how Golden State Mining 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 State Mining Ltd's current assets represent 99.5% of total assets in 2025, an increase from 89.6% in 2018.
- Cash Position: Cash and equivalents constituted 99.0% of total assets in 2025, up from 51.5% 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 cash and equivalents at 99.0% of total assets.
Golden State Mining Ltd Competitors by Total Assets
Key competitors of Golden State Mining Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Golden State Mining 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 - Golden State Mining Ltd generates 0.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Golden State Mining Ltd is currently not profitable relative to its asset base.
Golden State Mining 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 | 1.90 | 4.48 | 8.28 |
| Quick Ratio | 1.90 | 4.54 | 8.28 |
| Cash Ratio | 1.89 | 4.41 | 8.16 |
| Working Capital | AU$342.15K | AU$ 1.49 Million | AU$ 2.17 Million |
Golden State Mining Ltd - Advanced Valuation Insights
This section examines the relationship between Golden State Mining 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 | 28.78 |
| Latest Market Cap to Assets Ratio | 2.39 |
| Asset Growth Rate (YoY) | -62.5% |
| Total Assets | AU$727.10K |
| Market Capitalization | $1.74 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Golden State Mining Ltd's assets at a significant premium ( 2.39x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Golden State Mining Ltd's assets decreased by 62.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Golden State Mining Ltd (2018–2025)
The table below shows the annual total assets of Golden State Mining Ltd from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$727.10K | -62.46% |
| 2024-06-30 | AU$1.94 Million | -12.10% |
| 2023-06-30 | AU$2.20 Million | -46.70% |
| 2022-06-30 | AU$4.13 Million | -8.22% |
| 2021-06-30 | AU$4.50 Million | +73.20% |
| 2020-06-30 | AU$2.60 Million | -9.61% |
| 2019-06-30 | AU$2.88 Million | +805.33% |
| 2018-06-30 | AU$317.82K | -- |