Blue Lagoon Resources Inc
Blue Lagoon Resources Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold deposits. The company holds 100% interests in the Dome Mountain project covering an area of 22,000 hectares located in the town of Smithers, northwest British Columbia. It also holds interest in the Pellaire gold project, which consists of 13 contiguou… Read more
Blue Lagoon Resources Inc (BLAGF) - Total Assets
Latest total assets as of September 2025: $27.57 Million USD
Based on the latest financial reports, Blue Lagoon Resources Inc (BLAGF) holds total assets worth $27.57 Million USD as of September 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.
Blue Lagoon Resources Inc - Total Assets Trend (2018–2025)
This chart illustrates how Blue Lagoon Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Blue Lagoon Resources Inc - Asset Composition Analysis
Current Asset Composition (March 2025)
Blue Lagoon Resources Inc's total assets of $27.57 Million consist of 9.8% current assets and 90.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.3% |
| 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 (2018–2025)
This chart illustrates how Blue Lagoon Resources 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: Blue Lagoon Resources Inc's current assets represent 9.8% of total assets in 2025, a decrease from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 5.3% of total assets in 2025, down from 100.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Blue Lagoon Resources Inc Competitors by Total Assets
Key competitors of Blue Lagoon Resources Inc 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 Lagoon Resources Inc - 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 Lagoon Resources Inc 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 Lagoon Resources Inc is currently not profitable relative to its asset base.
Blue Lagoon Resources 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 | 2.76 | 1.94 | 57.82 |
| Quick Ratio | 2.76 | 1.94 | 57.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.50 Million | $ 112.52K | $ 6.29 Million |
Blue Lagoon Resources Inc - Advanced Valuation Insights
This section examines the relationship between Blue Lagoon Resources 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 | 7.00 |
| Latest Market Cap to Assets Ratio | 1.26 |
| Asset Growth Rate (YoY) | 8.0% |
| Total Assets | $26.54 Million |
| Market Capitalization | $33.35 Million USD |
Valuation Analysis
Above Book Valuation: The market values Blue Lagoon Resources Inc's assets above their book value (1.26 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Blue Lagoon Resources Inc's assets grew by 8.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Blue Lagoon Resources Inc (2018–2025)
The table below shows the annual total assets of Blue Lagoon Resources Inc from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $26.54 Million | +8.01% |
| 2024-03-31 | $24.57 Million | +4.99% |
| 2023-03-31 | $23.41 Million | -31.70% |
| 2022-03-31 | $34.27 Million | +3.34% |
| 2021-03-31 | $33.16 Million | +475.15% |
| 2020-03-31 | $5.77 Million | +1444.60% |
| 2019-03-31 | $373.29K | +142923.75% |
| 2018-03-31 | $261.00 | -- |