Theta Gold Mines Ltd (TGM) - Total Assets
Based on the latest financial reports, Theta Gold Mines Ltd (TGM) holds total assets worth AU$29.31 Million AUD (≈ $20.74 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 Theta Gold Mines Ltd (TGM) shareholders funds for net asset value and shareholders' equity analysis.
Theta Gold Mines Ltd - Total Assets Trend (2010–2025)
This chart illustrates how Theta Gold Mines Ltd's total assets have evolved over time, based on quarterly financial data.
Theta Gold Mines Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Theta Gold Mines Ltd's total assets of AU$29.31 Million consist of 20.0% current assets and 80.0% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$5.62 Million | 19.2% |
| Accounts Receivable | AU$0.00 | 0.0% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$20.37 Million | 69.5% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2010–2025)
This chart illustrates how Theta Gold Mines 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 TGM market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Theta Gold Mines Ltd's current assets represent 20.0% of total assets in 2025, a decrease from 82.6% in 2010.
- Cash Position: Cash and equivalents constituted 19.2% of total assets in 2025, down from 80.6% 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 69.5% of total assets.
Theta Gold Mines Ltd Competitors by Total Assets
Key competitors of Theta Gold Mines Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$51.48 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$2.88 Billion |
|
Perseus Mining Ltd
TO:PRU
|
Canada | CA$3.77 Billion |
|
Aris Mining Corporation
TO:ARIS
|
Canada | CA$2.39 Billion |
|
Hycroft Mining Holding Corporation
NASDAQ:HYMC
|
USA | $230.59 Million |
|
Seabridge Gold Inc.
TO:SEA
|
Canada | CA$1.71 Billion |
|
West African Resources Ltd
AU:WAF
|
Australia | AU$2.27 Billion |
|
Spartan Resources Ltd
AU:SPR
|
Australia | AU$453.72 Million |
Theta Gold Mines Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.35 | 0.14 | 0.04 |
| Quick Ratio | 0.35 | 0.17 | 21.27 |
| Cash Ratio | 0.34 | 0.11 | 26.19 |
| Working Capital | AU$-10.88 Million | AU$-20.47 Million | AU$-5.39K |
Theta Gold Mines Ltd - Advanced Valuation Insights
This section examines the relationship between Theta Gold Mines 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 | 33.17 |
| Latest Market Cap to Assets Ratio | 5.13 |
| Asset Growth Rate (YoY) | 23.1% |
| Total Assets | AU$29.31 Million |
| Market Capitalization | $150.47 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Theta Gold Mines Ltd's assets at a significant premium (5.13x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Theta Gold Mines Ltd's assets grew by 23.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Theta Gold Mines Ltd (2010–2025)
The table below shows the annual total assets of Theta Gold Mines Ltd from 2010 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$29.31 Million ≈ $20.74 Million |
+23.14% |
| 2024-06-30 | AU$23.80 Million ≈ $16.84 Million |
-19.17% |
| 2023-06-30 | AU$29.45 Million ≈ $20.84 Million |
+2.00% |
| 2022-06-30 | AU$28.87 Million ≈ $20.43 Million |
+49.04% |
| 2021-06-30 | AU$19.37 Million ≈ $13.71 Million |
+38.64% |
| 2020-06-30 | AU$13.97 Million ≈ $9.89 Million |
-6.65% |
| 2019-06-30 | AU$14.97 Million ≈ $10.59 Million |
+11.56% |
| 2018-06-30 | AU$13.42 Million ≈ $9.49 Million |
-2.20% |
| 2017-06-30 | AU$13.72 Million ≈ $9.71 Million |
+61.41% |
| 2016-06-30 | AU$8.50 Million ≈ $6.01 Million |
-41.58% |
| 2015-06-30 | AU$14.55 Million ≈ $10.29 Million |
-33.18% |
| 2014-06-30 | AU$21.77 Million ≈ $15.40 Million |
+4.74% |
| 2013-06-30 | AU$20.79 Million ≈ $14.71 Million |
+802.20% |
| 2012-06-30 | AU$2.30 Million ≈ $1.63 Million |
-44.29% |
| 2011-06-30 | AU$4.14 Million ≈ $2.93 Million |
-15.02% |
| 2010-06-30 | AU$4.87 Million ≈ $3.44 Million |
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About Theta Gold Mines Ltd
Theta Gold Mines Limited engages in the gold exploration and development business in South Africa. The company's flagship project is the TGME Gold Mine project located in South Africa. The company was formerly known as Stonewall Resources Limited and changed its name to Theta Gold Mines Limited in December 2018. Theta Gold Mines Limited was incorporated in 2008 and is based in Sydney, Australia.