Desert Gold Ventures Inc
Desert Gold Ventures Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Mali. The company primarily explores for gold deposits. Its flagship project is the Senegal Mali Shear Zone project, which covers an area of approximately 440 square kilometers located in Western Mali. The company is headquartered in Surrey, Canada.
Desert Gold Ventures Inc (DAUGF) - Total Assets
Latest total assets as of September 2025: $807.92K USD
Based on the latest financial reports, Desert Gold Ventures Inc (DAUGF) holds total assets worth $807.92K 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.
Desert Gold Ventures Inc - Total Assets Trend (2011–2024)
This chart illustrates how Desert Gold Ventures Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Desert Gold Ventures Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Desert Gold Ventures Inc's total assets of $807.92K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 97.0% |
| 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 (2011–2024)
This chart illustrates how Desert Gold Ventures 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: Desert Gold Ventures Inc's current assets represent 100.0% of total assets in 2024, an increase from 19.5% in 2011.
- Cash Position: Cash and equivalents constituted 97.0% of total assets in 2024, up from 19.2% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Desert Gold Ventures Inc Competitors by Total Assets
Key competitors of Desert Gold Ventures Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Desert Gold Ventures 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 - Desert Gold Ventures 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 - Desert Gold Ventures Inc is currently not profitable relative to its asset base.
Desert Gold Ventures 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 | 7.68 | 1.31 | 8.78 |
| Quick Ratio | 7.68 | 1.31 | 8.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $702.75K | $ 132.03K | $ 3.56 Million |
Desert Gold Ventures Inc - Advanced Valuation Insights
This section examines the relationship between Desert Gold Ventures 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 | 30.36 |
| Latest Market Cap to Assets Ratio | 29.91 |
| Asset Growth Rate (YoY) | 20.2% |
| Total Assets | $359.45K |
| Market Capitalization | $10.75 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Desert Gold Ventures Inc's assets at a significant premium ( 29.91x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Desert Gold Ventures Inc's assets grew by 20.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Desert Gold Ventures Inc (2011–2024)
The table below shows the annual total assets of Desert Gold Ventures Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $359.45K | +20.18% |
| 2023-12-31 | $299.08K | -78.35% |
| 2022-12-31 | $1.38 Million | -1.54% |
| 2021-12-31 | $1.40 Million | -65.21% |
| 2020-12-31 | $4.03 Million | +1429.16% |
| 2019-12-31 | $263.75K | +53.93% |
| 2018-12-31 | $171.34K | -67.24% |
| 2017-12-31 | $522.97K | +242.16% |
| 2016-12-31 | $152.84K | -52.64% |
| 2015-12-31 | $322.74K | +21.46% |
| 2014-12-31 | $265.71K | -85.30% |
| 2013-12-31 | $1.81 Million | -54.63% |
| 2012-12-31 | $3.99 Million | -19.56% |
| 2011-12-31 | $4.95 Million | -37.65% |
| 2011-07-31 | $7.95 Million | -- |