Lake Victoria Gold Ltd
Lake Victoria Gold Ltd., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Tanzania. The company primarily explores for gold deposits. Its projects include the Tembo gold property located in the Lake Victoria goldfield district in northwest Tanzania; and the Imwelo Gold project located in the Lake Victoria Goldfields within the… Read more
Lake Victoria Gold Ltd (LVGLF) - Total Assets
Latest total assets as of September 2025: $19.90 Million USD
Based on the latest financial reports, Lake Victoria Gold Ltd (LVGLF) holds total assets worth $19.90 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.
Lake Victoria Gold Ltd - Total Assets Trend (2020–2024)
This chart illustrates how Lake Victoria Gold Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lake Victoria Gold Ltd - Asset Composition Analysis
Current Asset Composition (September 2024)
Lake Victoria Gold Ltd's total assets of $19.90 Million consist of 2.2% current assets and 97.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| 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 (2020–2024)
This chart illustrates how Lake Victoria Gold Ltd'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: Lake Victoria Gold Ltd's current assets represent 2.2% of total assets in 2024, a decrease from 2.9% in 2020.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2024, down from 0.7% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Lake Victoria Gold Ltd Competitors by Total Assets
Key competitors of Lake Victoria Gold Ltd 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 |
Lake Victoria Gold Ltd - 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 - Lake Victoria Gold Ltd 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 - Lake Victoria Gold Ltd is currently not profitable relative to its asset base.
Lake Victoria Gold Ltd - 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 | 1.15 | 0.18 | 5.99 |
| Quick Ratio | 1.15 | 0.18 | 5.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $567.76K | $ -1.61 Million | $ 3.23 Million |
Lake Victoria Gold Ltd - Advanced Valuation Insights
This section examines the relationship between Lake Victoria Gold Ltd'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 | 3.54 |
| Latest Market Cap to Assets Ratio | 1.62 |
| Asset Growth Rate (YoY) | 19.7% |
| Total Assets | $8.90 Million |
| Market Capitalization | $14.40 Million USD |
Valuation Analysis
Above Book Valuation: The market values Lake Victoria Gold Ltd's assets above their book value (1.62 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Lake Victoria Gold Ltd's assets grew by 19.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Lake Victoria Gold Ltd (2020–2024)
The table below shows the annual total assets of Lake Victoria Gold Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $8.90 Million | +19.71% |
| 2023-09-30 | $7.43 Million | +3.47% |
| 2022-09-30 | $7.18 Million | -5.29% |
| 2021-09-30 | $7.58 Million | +12.47% |
| 2020-09-30 | $6.74 Million | -- |