Fremont Gold Ltd
Hayasa Metals Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties. It explores for gold and copper deposits. The company holds interest in an exploration permit comprising 33.8 square kilometers in the Urasar mineral district in northern Armenia. It also holds an option to acquire 100% of the Vardenis copper-gold project in central Arm… Read more
Fremont Gold Ltd (FRERF) - Total Assets
Latest total assets as of September 2024: $1.71 Million USD
Based on the latest financial reports, Fremont Gold Ltd (FRERF) holds total assets worth $1.71 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.
Fremont Gold Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Fremont Gold Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fremont Gold Ltd - Asset Composition Analysis
Current Asset Composition (March 2024)
Fremont Gold Ltd's total assets of $1.71 Million consist of 68.7% current assets and 31.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 30.8% |
| Accounts Receivable | $254.16K | 26.2% |
| 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 (2017–2024)
This chart illustrates how Fremont Gold 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: Fremont Gold Ltd's current assets represent 68.7% of total assets in 2024, a decrease from 100.0% in 2017.
- Cash Position: Cash and equivalents constituted 30.8% of total assets in 2024, down from 95.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 26.2% of total assets.
Fremont Gold Ltd Competitors by Total Assets
Key competitors of Fremont Gold Ltd 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 |
Fremont Gold 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 - Fremont Gold 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 - Fremont Gold Ltd is currently not profitable relative to its asset base.
Fremont Gold 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 | 1.88 | 0.61 | 1.03 |
| Quick Ratio | 1.88 | 0.61 | 1.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $644.33K | $ -447.82K | $ 17.93K |
Fremont Gold Ltd - Advanced Valuation Insights
This section examines the relationship between Fremont Gold 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 | 8.03 |
| Latest Market Cap to Assets Ratio | 3.54 |
| Asset Growth Rate (YoY) | -70.6% |
| Total Assets | $968.49K |
| Market Capitalization | $3.43 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Fremont Gold Ltd's assets at a significant premium ( 3.54x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Fremont Gold Ltd's assets decreased by 70.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Fremont Gold Ltd (2017–2024)
The table below shows the annual total assets of Fremont Gold Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $968.49K | -70.60% |
| 2023-03-31 | $3.29 Million | +22.72% |
| 2022-03-31 | $2.68 Million | +6.80% |
| 2021-03-31 | $2.51 Million | -35.75% |
| 2020-03-31 | $3.91 Million | +19.27% |
| 2019-03-31 | $3.28 Million | +11.89% |
| 2018-03-31 | $2.93 Million | +12723.18% |
| 2017-03-31 | $22.86K | -- |