GFG Resources Inc
GFG Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold deposits. The company holds interests in the Montclerg Gold Project, which comprises 5 patented mining claims and 110 lease claims, located in Ontario, Canada; the Pen Gold Project, covering approximately 475 square kilometers in Ontario, Canada; and the Dore… Read more
GFG Resources Inc (GFGSF) - Total Assets
Latest total assets as of December 2025: $47.39 Million USD
Based on the latest financial reports, GFG Resources Inc (GFGSF) holds total assets worth $47.39 Million USD as of December 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.
GFG Resources Inc - Total Assets Trend (2016–2024)
This chart illustrates how GFG Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GFG Resources Inc - Asset Composition Analysis
Current Asset Composition (June 2024)
GFG Resources Inc's total assets of $47.39 Million consist of 6.6% current assets and 93.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.1% |
| 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 (2016–2024)
This chart illustrates how GFG 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: GFG Resources Inc's current assets represent 6.6% of total assets in 2024, a decrease from 22.8% in 2016.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, down from 22.1% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
GFG Resources Inc Competitors by Total Assets
Key competitors of GFG 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 |
GFG 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 - GFG 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 - GFG Resources Inc is currently not profitable relative to its asset base.
GFG 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 | 5.33 | 10.43 | 3.38 |
| Quick Ratio | 5.33 | 10.43 | 3.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.72 Million | $ 6.60 Million | $ 3.12 Million |
GFG Resources Inc - Advanced Valuation Insights
This section examines the relationship between GFG 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 | 1.06 |
| Latest Market Cap to Assets Ratio | 0.96 |
| Asset Growth Rate (YoY) | 5.2% |
| Total Assets | $35.16 Million |
| Market Capitalization | $33.92 Million USD |
Valuation Analysis
Near Book Valuation: The market values GFG Resources Inc's assets close to their book value ( 0.96x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: GFG Resources Inc's assets grew by 5.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for GFG Resources Inc (2016–2024)
The table below shows the annual total assets of GFG Resources Inc from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $35.16 Million | +5.17% |
| 2023-06-30 | $33.43 Million | -14.34% |
| 2022-06-30 | $39.03 Million | +9.18% |
| 2021-06-30 | $35.74 Million | -4.09% |
| 2020-06-30 | $37.27 Million | +26.30% |
| 2019-06-30 | $29.51 Million | +2.28% |
| 2018-06-30 | $28.85 Million | +122.72% |
| 2017-06-30 | $12.95 Million | +139.48% |
| 2016-06-30 | $5.41 Million | -- |