Nevada King Gold Corp
Nevada King Gold Corp. engages in the acquisition, exploration, and evaluation of resource properties in Nevada, the United States. It holds interests in the Atlanta Gold Mine Project, an open-pit gold mine located in Nevada. The company was formerly known as Victory Metals Inc. and changed its name to Nevada King Gold Corp. in April 2021. Nevada King Gold Corp. is based in Vancouver, Canada.
Nevada King Gold Corp (NKGFF) - Total Assets
Latest total assets as of December 2025: $21.58 Million USD
Based on the latest financial reports, Nevada King Gold Corp (NKGFF) holds total assets worth $21.58 Million USD as of December 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.
Nevada King Gold Corp - Total Assets Trend (2018–2025)
This chart illustrates how Nevada King Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nevada King Gold Corp - Asset Composition Analysis
Current Asset Composition (March 2025)
Nevada King Gold Corp's total assets of $21.58 Million consist of 19.5% current assets and 80.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.4% |
| Accounts Receivable | $27.15K | 0.2% |
| 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 (2018–2025)
This chart illustrates how Nevada King Gold 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: Nevada King Gold Corp's current assets represent 19.5% of total assets in 2025, a decrease from 20.3% in 2018.
- Cash Position: Cash and equivalents constituted 18.4% of total assets in 2025, down from 100.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Nevada King Gold Corp Competitors by Total Assets
Key competitors of Nevada King Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Nevada King Gold 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 - Nevada King Gold 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 - Nevada King Gold Corp is currently not profitable relative to its asset base.
Nevada King Gold 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 | 76.97 | 13.77 | 122.45 |
| Quick Ratio | 76.97 | 13.77 | 122.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.58 Million | $ 5.96 Million | $ 19.00 Million |
Nevada King Gold Corp - Advanced Valuation Insights
This section examines the relationship between Nevada King Gold 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 | 4.70 |
| Latest Market Cap to Assets Ratio | 2.92 |
| Asset Growth Rate (YoY) | -50.5% |
| Total Assets | $17.91 Million |
| Market Capitalization | $52.26 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Nevada King Gold Corp's assets at a significant premium ( 2.92x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Nevada King Gold Corp's assets decreased by 50.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nevada King Gold Corp (2018–2025)
The table below shows the annual total assets of Nevada King Gold Corp from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $17.91 Million | -50.54% |
| 2024-03-31 | $36.21 Million | -3.87% |
| 2023-03-31 | $37.66 Million | -46.69% |
| 2022-03-31 | $70.65 Million | +227.92% |
| 2021-03-31 | $21.55 Million | +129.18% |
| 2020-03-31 | $9.40 Million | +18.72% |
| 2019-03-31 | $7.92 Million | +739.01% |
| 2018-03-31 | $943.88K | -- |