Gold79 Mines Ltd
West Point Gold Corp., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America. The company primarily explores for gold, silver, precious metals, and base metals. It holds 100% interest in the Tip Top project located in Esmeralda County, Nevada. The company was formerly known as Gold79 Mines Ltd. an… Read more
Gold79 Mines Ltd (AUSVF) - Total Assets
Latest total assets as of September 2024: $5.46 Million USD
Based on the latest financial reports, Gold79 Mines Ltd (AUSVF) holds total assets worth $5.46 Million USD as of September 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.
Gold79 Mines Ltd - Total Assets Trend (2013–2023)
This chart illustrates how Gold79 Mines Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gold79 Mines Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Gold79 Mines Ltd's total assets of $5.46 Million consist of 2.6% current assets and 97.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.8% |
| 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 (2013–2023)
This chart illustrates how Gold79 Mines Ltd'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: Gold79 Mines Ltd's current assets represent 2.6% of total assets in 2023, a decrease from 99.9% in 2013.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2023, down from 28.8% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Gold79 Mines Ltd Competitors by Total Assets
Key competitors of Gold79 Mines Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Gold79 Mines Ltd - 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 - Gold79 Mines Ltd 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 - Gold79 Mines Ltd is currently not profitable relative to its asset base.
Gold79 Mines Ltd - 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 | 0.64 | 0.83 | 0.16 |
| Quick Ratio | 0.64 | 0.83 | 0.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-99.62K | $ -24.09K | $ -308.85K |
Gold79 Mines Ltd - Advanced Valuation Insights
This section examines the relationship between Gold79 Mines Ltd'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 | 4.57 |
| Latest Market Cap to Assets Ratio | 1.21 |
| Asset Growth Rate (YoY) | 1.4% |
| Total Assets | $5.07 Million |
| Market Capitalization | $6.14 Million USD |
Valuation Analysis
Above Book Valuation: The market values Gold79 Mines Ltd's assets above their book value (1.21 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Gold79 Mines Ltd's assets grew by 1.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Gold79 Mines Ltd (2013–2023)
The table below shows the annual total assets of Gold79 Mines Ltd from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $5.07 Million | +1.40% |
| 2022-12-31 | $5.00 Million | +1.79% |
| 2021-12-31 | $4.91 Million | +90.21% |
| 2020-12-31 | $2.58 Million | +1000.14% |
| 2019-12-31 | $234.87K | +42.86% |
| 2018-12-31 | $164.40K | +64.93% |
| 2017-12-31 | $99.68K | +390.62% |
| 2016-12-31 | $20.32K | -65.77% |
| 2015-12-31 | $59.36K | -72.64% |
| 2014-12-31 | $217.00K | -70.81% |
| 2013-12-31 | $743.51K | -- |