Goliath Resources Limited
Goliath Resources Limited, a junior resource exploration company, engages in the acquisition and exploration of mineral properties in British Columbia, Canada. The company explores for gold, silver, copper, molybdenum, lead, and zinc deposits. It has an option to acquire 100% interests in the Golddigger property consists of contiguous mineral claims covering approximately an area of 91, 518 hecta… Read more
Goliath Resources Limited (GOTRF) - Total Assets
Latest total assets as of September 2025: $32.18 Million USD
Based on the latest financial reports, Goliath Resources Limited (GOTRF) holds total assets worth $32.18 Million 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.
Goliath Resources Limited - Total Assets Trend (2017–2024)
This chart illustrates how Goliath Resources Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Goliath Resources Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Goliath Resources Limited's total assets of $32.18 Million consist of 97.5% current assets and 2.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 65.9% |
| 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 (2017–2024)
This chart illustrates how Goliath Resources Limited'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: Goliath Resources Limited's current assets represent 97.5% of total assets in 2024, a decrease from 4788.8% in 2017.
- Cash Position: Cash and equivalents constituted 65.9% of total assets in 2024, up from 4.1% 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 goodwill at 0.0% of total assets.
Goliath Resources Limited Competitors by Total Assets
Key competitors of Goliath Resources Limited 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 |
Goliath Resources Limited - 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 - Goliath Resources Limited 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 - Goliath Resources Limited is currently not profitable relative to its asset base.
Goliath Resources Limited - 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 | 5.96 | 2.11 | 8.51 |
| Quick Ratio | 5.96 | 2.11 | 8.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $26.78 Million | $ 6.36 Million | $ 1.89 Million |
Goliath Resources Limited - Advanced Valuation Insights
This section examines the relationship between Goliath Resources Limited'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 | 15.40 |
| Latest Market Cap to Assets Ratio | 26.62 |
| Asset Growth Rate (YoY) | -53.4% |
| Total Assets | $4.65 Million |
| Market Capitalization | $123.79 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Goliath Resources Limited's assets at a significant premium ( 26.62x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Goliath Resources Limited's assets decreased by 53.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Goliath Resources Limited (2017–2024)
The table below shows the annual total assets of Goliath Resources Limited from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $4.65 Million | -53.39% |
| 2023-06-30 | $9.98 Million | -32.87% |
| 2022-06-30 | $14.86 Million | +150.77% |
| 2021-06-30 | $5.93 Million | +868.47% |
| 2020-06-30 | $612.02K | -57.40% |
| 2019-06-30 | $1.44 Million | -39.91% |
| 2018-06-30 | $2.39 Million | +10324.24% |
| 2017-06-30 | $22.94K | -- |