Blue Gold Limited Class A Ordinary Shares
Blue Gold Limited acquires, develops, finances, licenses, and operates gold mines in the Ashanti region of Ghana. The company focused on the Ashanti Gold Belt located in Ghana. Blue Gold Limited was founded in 2023 and is headquartered in Grand Cayman, the Cayman Islands.
Blue Gold Limited Class A Ordinary Shares (BGL) - Total Assets
Latest total assets as of December 2024: $4.03 Million USD
Based on the latest financial reports, Blue Gold Limited Class A Ordinary Shares (BGL) holds total assets worth $4.03 Million USD as of December 2024.
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.
Blue Gold Limited Class A Ordinary Shares - Total Assets Trend (2021–2024)
This chart illustrates how Blue Gold Limited Class A Ordinary Shares’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Blue Gold Limited Class A Ordinary Shares - Asset Composition Analysis
Current Asset Composition (December 2024)
Blue Gold Limited Class A Ordinary Shares's total assets of $4.03 Million consist of 1.8% current assets and 98.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| 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 (2021–2024)
This chart illustrates how Blue Gold Limited Class A Ordinary Shares'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: Blue Gold Limited Class A Ordinary Shares's current assets represent 1.8% of total assets in 2024, an increase from 0.7% in 2021.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, up from 0.3% 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.
Blue Gold Limited Class A Ordinary Shares Competitors by Total Assets
Key competitors of Blue Gold Limited Class A Ordinary Shares 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 |
Blue Gold Limited Class A Ordinary Shares - 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 - Blue Gold Limited Class A Ordinary Shares 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 - Blue Gold Limited Class A Ordinary Shares is currently not profitable relative to its asset base.
Blue Gold Limited Class A Ordinary Shares - 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 | 0.03 | 0.56 | 0.11 |
| Quick Ratio | 0.03 | 0.56 | 0.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.34 Million | $ -496.14K | $ -1.45 Million |
Blue Gold Limited Class A Ordinary Shares - Advanced Valuation Insights
This section examines the relationship between Blue Gold Limited Class A Ordinary Shares'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 | - |
| Latest Market Cap to Assets Ratio | 5.01 |
| Asset Growth Rate (YoY) | -92.5% |
| Total Assets | $4.03 Million |
| Market Capitalization | $20.16 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Blue Gold Limited Class A Ordinary Shares's assets at a significant premium ( 5.01x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Blue Gold Limited Class A Ordinary Shares's assets decreased by 92.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Blue Gold Limited Class A Ordinary Shares (2021–2024)
The table below shows the annual total assets of Blue Gold Limited Class A Ordinary Shares from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $4.03 Million | -92.49% |
| 2023-12-31 | $53.61 Million | -77.51% |
| 2022-12-31 | $238.35 Million | +0.87% |
| 2021-12-31 | $236.29 Million | -- |