Golden Independence Mining Corp
Nexus Uranium Corp. engages in the acquisition and exploration of mineral property assets in Canada. It explores for uranium, gold, and copper deposits. It holds 100% interests in the Napoleon property consists of 996 hectares located in the Kamloops Mining Division, British Columbia. It also holds an option agreement to acquire 75% interest in the Cree East property that includes 16 claims cover… Read more
Golden Independence Mining Corp (GIDMF) - Total Assets
Latest total assets as of August 2025: $4.47 Million USD
Based on the latest financial reports, Golden Independence Mining Corp (GIDMF) holds total assets worth $4.47 Million USD as of August 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.
Golden Independence Mining Corp - Total Assets Trend (2017–2024)
This chart illustrates how Golden Independence Mining Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Golden Independence Mining Corp - Asset Composition Analysis
Current Asset Composition (November 2024)
Golden Independence Mining Corp's total assets of $4.47 Million consist of 26.1% current assets and 73.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 24.8% |
| Accounts Receivable | $47.32K | 0.4% |
| 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 Golden Independence Mining 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: Golden Independence Mining Corp's current assets represent 26.1% of total assets in 2024, a decrease from 41.4% in 2017.
- Cash Position: Cash and equivalents constituted 24.8% of total assets in 2024, down from 38.4% 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 0.4% of total assets.
Golden Independence Mining Corp Competitors by Total Assets
Key competitors of Golden Independence Mining Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Golden Independence Mining 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 - Golden Independence Mining 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 - Golden Independence Mining Corp is currently not profitable relative to its asset base.
Golden Independence Mining 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 | 13.26 | 12.52 | 3.32 |
| Quick Ratio | 13.26 | 12.52 | 3.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $739.29K | $ 2.53 Million | $ 256.21K |
Golden Independence Mining Corp - Advanced Valuation Insights
This section examines the relationship between Golden Independence Mining 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 | 5.37 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -28.7% |
| Total Assets | $10.86 Million |
| Market Capitalization | $851.75K USD |
Valuation Analysis
Below Book Valuation: The market values Golden Independence Mining Corp's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Golden Independence Mining Corp's assets decreased by 28.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Golden Independence Mining Corp (2017–2024)
The table below shows the annual total assets of Golden Independence Mining Corp from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | $10.86 Million | -28.66% |
| 2023-11-30 | $15.23 Million | +45.29% |
| 2022-11-30 | $10.48 Million | -5.27% |
| 2021-11-30 | $11.06 Million | +125.27% |
| 2020-11-30 | $4.91 Million | +595.21% |
| 2019-11-30 | $706.40K | +92.06% |
| 2018-11-30 | $367.80K | +120.25% |
| 2017-11-30 | $166.99K | -- |