K2 Gold Corporation
K2 Gold Corporation, a junior mineral exploration company, engages in the exploration and evaluation of mineral resources in Canada and the United States. It primarily explores for gold. The company's flagship property is the Mojave Gold project that covers an area of approximately 5,780 hectares located in Inyo County, California. The company was formerly known as West Melville Metals Inc. and c… Read more
K2 Gold Corporation (KTGDF) - Total Assets
Latest total assets as of September 2025: $31.78 Million USD
Based on the latest financial reports, K2 Gold Corporation (KTGDF) holds total assets worth $31.78 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.
K2 Gold Corporation - Total Assets Trend (2012–2024)
This chart illustrates how K2 Gold Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
K2 Gold Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
K2 Gold Corporation's total assets of $31.78 Million consist of 1.1% current assets and 98.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $19.84K | 0.1% |
| 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 (2012–2024)
This chart illustrates how K2 Gold Corporation'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: K2 Gold Corporation's current assets represent 1.1% of total assets in 2024, an increase from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 1.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
K2 Gold Corporation Competitors by Total Assets
Key competitors of K2 Gold Corporation 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 |
K2 Gold Corporation - 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 - K2 Gold Corporation 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 - K2 Gold Corporation is currently not profitable relative to its asset base.
K2 Gold Corporation - 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 | 11.83 | 1.04 | 23.88 |
| Quick Ratio | 11.83 | 1.04 | 23.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.01 Million | $ 11.18K | $ 7.27 Million |
K2 Gold Corporation - Advanced Valuation Insights
This section examines the relationship between K2 Gold Corporation'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 | 6.12 |
| Latest Market Cap to Assets Ratio | 1.18 |
| Asset Growth Rate (YoY) | 9.9% |
| Total Assets | $18.43 Million |
| Market Capitalization | $21.71 Million USD |
Valuation Analysis
Above Book Valuation: The market values K2 Gold Corporation's assets above their book value (1.18 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: K2 Gold Corporation's assets grew by 9.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for K2 Gold Corporation (2012–2024)
The table below shows the annual total assets of K2 Gold Corporation from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $18.43 Million | +9.92% |
| 2023-12-31 | $16.77 Million | +28.71% |
| 2022-12-31 | $13.03 Million | -7.76% |
| 2021-12-31 | $14.12 Million | -8.43% |
| 2020-12-31 | $15.42 Million | +117.04% |
| 2019-12-31 | $7.11 Million | +125.57% |
| 2018-12-31 | $3.15 Million | +11.54% |
| 2017-12-31 | $2.82 Million | +41.04% |
| 2016-12-31 | $2.00 Million | +11566.89% |
| 2015-12-31 | $17.16K | -99.28% |
| 2014-12-31 | $2.40 Million | -55.50% |
| 2013-12-31 | $5.39 Million | -7.07% |
| 2012-12-31 | $5.80 Million | -- |