RED LAKE GOLD INC. (P11A) - Total Assets
Based on the latest financial reports, RED LAKE GOLD INC. (P11A) holds total assets worth €51.05K EUR (≈ $59.69K USD) as of February 2026. 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. Also see P11A cash flow conversion for how efficiently the company converts equity into cash flow.
RED LAKE GOLD INC. - Total Assets Trend (2021–2025)
This chart illustrates how RED LAKE GOLD INC.'s total assets have evolved over time, based on quarterly financial data. See RED LAKE GOLD INC. stock quote for real-time trading data and today's change.
RED LAKE GOLD INC. - Asset Composition Analysis
Current Asset Composition (November 2025)
RED LAKE GOLD INC.'s total assets of €51.05K consist of 50.7% current assets and 49.3% non-current assets. Explore how liquid is RED LAKE GOLD INC.'s working capital to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 30.3% |
| Accounts Receivable | €0.00 | 0.0% |
| 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 (2021–2025)
This chart illustrates how RED LAKE GOLD INC.'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: RED LAKE GOLD INC.'s current assets represent 50.7% of total assets in 2025, an increase from 16.9% in 2021.
- Cash Position: Cash and equivalents constituted 30.3% of total assets in 2025, up from 16.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
RED LAKE GOLD INC. Competitors by Total Assets
Key competitors of RED LAKE GOLD INC. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Agnico Eagle Mines Limited
TO:AEM
|
Canada | CA$37.73 Billion |
|
Northern Star Resources Limited
F:NS7
|
Germany | €20.43 Billion |
|
Gold Fields Ltd
JSE:GFI
|
South Africa | ZAC10.86 Billion |
|
Montage Gold Corp.
TO:MAU
|
Canada | CA$1.30 Billion |
|
Shandong Gold Mining Co Ltd
SHG:600547
|
China | CN¥177.55 Billion |
|
Alamos Gold Inc
TO:AGI
|
Canada | CA$5.98 Billion |
|
IAMGold Corporation
TO:IMG
|
Canada | CA$5.94 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$3.60 Billion |
RED LAKE GOLD INC. - 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 | 0.52 | 34.91 | 20.91 |
| Quick Ratio | 0.52 | 34.91 | 20.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-18.50K | €237.37K | €169.85K |
RED LAKE GOLD INC. - Advanced Valuation Insights
This section examines the relationship between RED LAKE GOLD INC.'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 | 76.23 |
| Latest Market Cap to Assets Ratio | 22.14 |
| Asset Growth Rate (YoY) | -97.5% |
| Total Assets | €63.37K |
| Market Capitalization | $1.40 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values RED LAKE GOLD INC.'s assets at a significant premium (22.14x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: RED LAKE GOLD INC.'s assets decreased by 97.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for RED LAKE GOLD INC. (2021–2025)
The table below shows the annual total assets of RED LAKE GOLD INC. from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-11-30 | €63.37K ≈ $74.08K |
-97.49% |
| 2024-11-30 | €2.53 Million ≈ $2.95 Million |
+24.06% |
| 2023-11-30 | €2.04 Million ≈ $2.38 Million |
-6.65% |
| 2022-11-30 | €2.18 Million ≈ $2.55 Million |
+3.35% |
| 2021-11-30 | €2.11 Million ≈ $2.47 Million |
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About RED LAKE GOLD INC.
Red Lake Gold Inc., a junior mining exploration company, acquires and explores for mineral properties in Canada. The company explores gold and copper deposits. It holds 100% interest in Whirlwind Jack Gold project covering an area of approximately 5,096 ha located near Red Lake, Ontario; Soo North Copper Project comprises a total of 416 mining claims covering approximately 9,142 ha located in Ont… Read more