C2C Gold Corp
C2C Metals Corp. engages in the acquisition, exploration, and development of precious metals and other mineral properties in the United States and Canada. It primarily explores for uranium, gold, copper, vanadium, and other metals. The company was formerly known as C2C Gold Corp. and changed its name to C2C Metals Corp. in January 2024. C2C Metals Corp. was incorporated in 1999 and is based in Va… Read more
C2C Gold Corp (CTCGF) - Total Assets
Latest total assets as of September 2024: $6.63 Million USD
Based on the latest financial reports, C2C Gold Corp (CTCGF) holds total assets worth $6.63 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.
C2C Gold Corp - Total Assets Trend (2001–2023)
This chart illustrates how C2C Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
C2C Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
C2C Gold Corp's total assets of $6.63 Million consist of 24.8% current assets and 75.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 22.1% |
| Accounts Receivable | $9.98K | 0.2% |
| 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 (2001–2023)
This chart illustrates how C2C Gold Corp'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: C2C Gold Corp's current assets represent 24.8% of total assets in 2023, a decrease from 100.0% in 2001.
- Cash Position: Cash and equivalents constituted 22.1% of total assets in 2023, down from 95.4% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
C2C Gold Corp Competitors by Total Assets
Key competitors of C2C Gold Corp 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 |
C2C Gold Corp - 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 - C2C Gold Corp 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 - C2C Gold Corp is currently not profitable relative to its asset base.
C2C Gold Corp - 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 | 9.57 | 1.62 | 0.37 |
| Quick Ratio | 9.57 | 1.62 | 0.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.74 Million | $ 112.69K | $ -66.48K |
C2C Gold Corp - Advanced Valuation Insights
This section examines the relationship between C2C Gold Corp'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 | 2.78 |
| Latest Market Cap to Assets Ratio | 2.09 |
| Asset Growth Rate (YoY) | -62.7% |
| Total Assets | $5.01 Million |
| Market Capitalization | $10.47 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values C2C Gold Corp's assets at a significant premium ( 2.09x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: C2C Gold Corp's assets decreased by 62.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for C2C Gold Corp (2001–2023)
The table below shows the annual total assets of C2C Gold Corp from 2001 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $5.01 Million | -62.66% |
| 2022-12-31 | $13.41 Million | +24.61% |
| 2021-12-31 | $10.76 Million | +55.00% |
| 2020-12-31 | $6.94 Million | +25.20% |
| 2019-12-31 | $5.54 Million | +4.50% |
| 2018-12-31 | $5.31 Million | -8.60% |
| 2017-12-31 | $5.80 Million | +89.05% |
| 2016-12-31 | $3.07 Million | +8.34% |
| 2015-12-31 | $2.83 Million | -14.08% |
| 2014-12-31 | $3.30 Million | -45.15% |
| 2013-12-31 | $6.01 Million | -52.63% |
| 2012-12-31 | $12.69 Million | -8.77% |
| 2011-12-31 | $13.92 Million | -8.55% |
| 2010-12-31 | $15.22 Million | +256.73% |
| 2009-12-31 | $4.27 Million | -2.13% |
| 2008-12-31 | $4.36 Million | +25.46% |
| 2007-12-31 | $3.47 Million | +108.54% |
| 2006-12-31 | $1.67 Million | +254.80% |
| 2005-12-31 | $469.48K | +8.83% |
| 2004-12-31 | $431.37K | +343.82% |
| 2003-12-31 | $97.19K | -28.51% |
| 2002-12-31 | $135.96K | -25.57% |
| 2001-12-31 | $182.67K | -- |