NORTHERN FREEGOLD (8N6) - Total Assets
Based on the latest financial reports, NORTHERN FREEGOLD (8N6) holds total assets worth €4.24 Million EUR (≈ $4.95 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 NORTHERN FREEGOLD shareholders equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see market cap of NORTHERN FREEGOLD.
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 |
|---|---|---|
|
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 |
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 | 2.70 |
| Asset Growth Rate (YoY) | -5.0% |
| Total Assets | €3.82 Million |
| Market Capitalization | $10.30 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values NORTHERN FREEGOLD's assets at a significant premium (2.70x), 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 ≈ $4.47 Million |
-4.95% |
| 2023-12-31 | €4.02 Million ≈ $4.70 Million |
+8.60% |
| 2022-12-31 | €3.70 Million ≈ $4.33 Million |
-5.51% |
| 2021-12-31 | €3.92 Million ≈ $4.58 Million |
-50.82% |
| 2020-12-31 | €7.97 Million ≈ $9.31 Million |
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About 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