U.S. GoldMining Inc. Common stock (USGO) - Total Assets
Based on the latest financial reports, U.S. GoldMining Inc. Common stock (USGO) holds total assets worth $4.71 Million USD as of August 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 U.S. GoldMining Inc. Common stock (USGO) shareholders funds for net asset value and shareholders' equity analysis.
U.S. GoldMining Inc. Common stock - Total Assets Trend (2020–2024)
This chart illustrates how U.S. GoldMining Inc. Common stock's total assets have evolved over time, based on quarterly financial data.
U.S. GoldMining Inc. Common stock - Asset Composition Analysis
Current Asset Composition (November 2024)
U.S. GoldMining Inc. Common stock's total assets of $4.71 Million consist of 80.0% current assets and 20.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 75.4% |
| Accounts Receivable | $7.42K | 0.1% |
| Inventory | $34.86K | 0.7% |
| 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 U.S. GoldMining Inc. Common stock'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 value of U.S. GoldMining Inc. Common stock.
Key Asset Composition Facts
- Current vs. Non-Current Assets: U.S. GoldMining Inc. Common stock's current assets represent 80.0% of total assets in 2024, an increase from 1.5% in 2020.
- Cash Position: Cash and equivalents constituted 75.4% of total assets in 2024, up from 0.6% 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 inventory at 0.7% of total assets.
U.S. GoldMining Inc. Common stock Competitors by Total Assets
Key competitors of U.S. GoldMining Inc. Common stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$44.55 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥25.91 Billion |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.56 Billion |
|
Evolution Metals & Technologies Corp. Common Stock
NASDAQ:EMAT
|
USA | $6.57 Million |
|
Tibet Summit Resources Co Ltd
SHG:600338
|
China | CN¥6.67 Billion |
U.S. GoldMining Inc. Common stock - 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 | 6.55 | 7.94 | 0.18 |
| Quick Ratio | 6.52 | 7.88 | 0.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.22 Million | $4.62 Million | $-1.06 Million |
U.S. GoldMining Inc. Common stock - Advanced Valuation Insights
This section examines the relationship between U.S. GoldMining Inc. Common stock'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 | 43.64 |
| Latest Market Cap to Assets Ratio | 32.63 |
| Asset Growth Rate (YoY) | -60.5% |
| Total Assets | $5.15 Million |
| Market Capitalization | $168.04 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values U.S. GoldMining Inc. Common stock's assets at a significant premium (32.63x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: U.S. GoldMining Inc. Common stock's assets decreased by 60.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for U.S. GoldMining Inc. Common stock (2020–2024)
The table below shows the annual total assets of U.S. GoldMining Inc. Common stock from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | $5.15 Million | -60.46% |
| 2023-11-30 | $13.02 Million | +5571.90% |
| 2022-11-30 | $229.62K | -47.79% |
| 2021-11-30 | $439.79K | -40.95% |
| 2020-11-30 | $744.83K | -- |
About U.S. GoldMining Inc. Common stock
U.S. GoldMining Inc., an exploration stage company, engages in the exploration and development of mineral properties in the United States. The company's primary asset is the 100%-owned Whistler exploration property, a gold-copper exploration project comprising 377 mining claims covering an area of 217.5 square kilometers located in Yentna Mining District, Alaska. The company was incorporated in 2… Read more