NORTHERN FREEGOLD
Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties in the Yukon Territory and British Columbia, Canada. The company explores for gold, silver, copper, molybdenum, and tungsten deposits. Its flagship project is the 100% owned Freegold Mountain project comprising Tinta Hill property, Freegold property, Goldstar prope… Read more
NORTHERN FREEGOLD (8N6) - Total Assets
Latest total assets as of June 2025: €4.24 Million EUR
Based on the latest financial reports, NORTHERN FREEGOLD (8N6) holds total assets worth €4.24 Million EUR 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.
NORTHERN FREEGOLD - Total Assets Trend (2020–2024)
This chart illustrates how NORTHERN FREEGOLD’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NORTHERN FREEGOLD - Asset Composition Analysis
Current Asset Composition (December 2024)
NORTHERN FREEGOLD's total assets of €4.24 Million consist of 0.8% current assets and 99.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0.1% |
| Accounts Receivable | €4.99K | 0.1% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how NORTHERN FREEGOLD'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: NORTHERN FREEGOLD's current assets represent 0.8% of total assets in 2024, a decrease from 56.0% in 2020.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 53.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
NORTHERN FREEGOLD Competitors by Total Assets
Key competitors of NORTHERN FREEGOLD based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
NORTHERN FREEGOLD - 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 - NORTHERN FREEGOLD generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - NORTHERN FREEGOLD is currently not profitable relative to its asset base.
NORTHERN FREEGOLD - 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 | 0.46 | 0.15 | 0.02 |
| Quick Ratio | 0.46 | 0.15 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-186.78K | € -309.75K | € -2.41 Million |
NORTHERN FREEGOLD - Advanced Valuation Insights
This section examines the relationship between NORTHERN FREEGOLD'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 | 4.01 |
| Latest Market Cap to Assets Ratio | 2.77 |
| Asset Growth Rate (YoY) | -5.0% |
| Total Assets | €3.82 Million |
| Market Capitalization | $10.57 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values NORTHERN FREEGOLD's assets at a significant premium ( 2.77x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: NORTHERN FREEGOLD's assets decreased by 5.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NORTHERN FREEGOLD (2020–2024)
The table below shows the annual total assets of NORTHERN FREEGOLD from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €3.82 Million | -4.95% |
| 2023-12-31 | €4.02 Million | +8.60% |
| 2022-12-31 | €3.70 Million | -5.51% |
| 2021-12-31 | €3.92 Million | -50.82% |
| 2020-12-31 | €7.97 Million | -- |