King Global Ventures Inc
King Global Ventures Inc., a junior prospecting and natural-resource company, engages in the acquisition and exploration of mineral properties in Canada and Nicaragua. It primarily explores for copper, gold, silver, zinc, lead, precious, and base metal deposits. Its flagship project is the Black Canyon Property, which comprises 213 contiguous concessions covering an area of approximately 3,742 ac… Read more
King Global Ventures Inc (KGLDF) - Total Assets
Latest total assets as of September 2025: $11.36 Million USD
Based on the latest financial reports, King Global Ventures Inc (KGLDF) holds total assets worth $11.36 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.
King Global Ventures Inc - Total Assets Trend (2005–2024)
This chart illustrates how King Global Ventures Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
King Global Ventures Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
King Global Ventures Inc's total assets of $11.36 Million consist of 57.1% current assets and 42.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 54.5% |
| Accounts Receivable | $27.55K | 0.5% |
| 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 (2005–2024)
This chart illustrates how King Global 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: King Global Ventures Inc's current assets represent 57.1% of total assets in 2024, an increase from 6.8% in 2005.
- Cash Position: Cash and equivalents constituted 54.5% of total assets in 2024, up from 0.6% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
King Global Ventures Inc Competitors by Total Assets
Key competitors of King Global Ventures Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
King Global 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 - King Global 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 - King Global Ventures Inc is currently not profitable relative to its asset base.
King Global 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 | 4.44 | 6.25 | 0.64 |
| Quick Ratio | 4.44 | 6.25 | 0.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.88 Million | $ 2.07 Million | $ -282.38K |
King Global Ventures Inc - Advanced Valuation Insights
This section examines the relationship between King Global 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 | 2.41 |
| Latest Market Cap to Assets Ratio | 2.14 |
| Asset Growth Rate (YoY) | 1065.3% |
| Total Assets | $5.41 Million |
| Market Capitalization | $11.58 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values King Global Ventures Inc's assets at a significant premium ( 2.14x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: King Global Ventures Inc's assets grew by 1065.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for King Global Ventures Inc (2005–2024)
The table below shows the annual total assets of King Global Ventures Inc from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.41 Million | +1065.31% |
| 2023-12-31 | $464.30K | +5.52% |
| 2022-12-31 | $440.00K | -84.95% |
| 2021-12-31 | $2.92 Million | +152.51% |
| 2020-12-31 | $1.16 Million | -54.54% |
| 2019-12-31 | $2.55 Million | +7.11% |
| 2018-12-31 | $2.38 Million | +1998.55% |
| 2017-12-31 | $113.31K | -65.94% |
| 2016-12-31 | $332.67K | -30.31% |
| 2015-12-31 | $477.37K | -71.53% |
| 2014-12-31 | $1.68 Million | -51.31% |
| 2013-12-31 | $3.44 Million | +176.48% |
| 2012-12-31 | $1.25 Million | -74.91% |
| 2011-12-31 | $4.96 Million | -70.30% |
| 2010-12-31 | $16.72 Million | +64.48% |
| 2009-12-31 | $10.16 Million | +38.62% |
| 2008-12-31 | $7.33 Million | -12.13% |
| 2007-12-31 | $8.34 Million | +3.74% |
| 2006-12-31 | $8.04 Million | +332.30% |
| 2005-12-31 | $1.86 Million | -- |