Precipitate Gold Corp
Precipitate Gold Corp. engages in the acquisition and exploration, exploitation, and development of mineral resources in Canada and the Dominican Republic. The company explores for gold and base metal deposits. It primarily holds 100% interests in the Juan de Herrera project covering an area of approximately 12,706 hectares; the Pueblo Grande project that consists of single contiguous claim block… Read more
Precipitate Gold Corp (PREIF) - Total Assets
Latest total assets as of August 2025: $4.67 Million USD
Based on the latest financial reports, Precipitate Gold Corp (PREIF) holds total assets worth $4.67 Million USD as of August 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.
Precipitate Gold Corp - Total Assets Trend (2012–2024)
This chart illustrates how Precipitate Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Precipitate Gold Corp - Asset Composition Analysis
Current Asset Composition (November 2024)
Precipitate Gold Corp's total assets of $4.67 Million consist of 84.4% current assets and 15.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 83.1% |
| Accounts Receivable | $43.99K | 0.8% |
| 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 Precipitate 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: Precipitate Gold Corp's current assets represent 84.4% of total assets in 2024, an increase from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 83.1% of total assets in 2024, up from 31.5% 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 0.8% of total assets.
Precipitate Gold Corp Competitors by Total Assets
Key competitors of Precipitate Gold Corp 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 |
Precipitate 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 - Precipitate 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 - Precipitate Gold Corp is currently not profitable relative to its asset base.
Precipitate 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 | 11.14 | 15.06 | 26.67 |
| Quick Ratio | 11.14 | 15.06 | 26.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.44 Million | $ 4.56 Million | $ 1.54 Million |
Precipitate Gold Corp - Advanced Valuation Insights
This section examines the relationship between Precipitate 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 | 14.07 |
| Latest Market Cap to Assets Ratio | 1.14 |
| Asset Growth Rate (YoY) | -10.2% |
| Total Assets | $5.76 Million |
| Market Capitalization | $6.56 Million USD |
Valuation Analysis
Above Book Valuation: The market values Precipitate Gold Corp's assets above their book value (1.14 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Precipitate Gold Corp's assets decreased by 10.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Precipitate Gold Corp (2012–2024)
The table below shows the annual total assets of Precipitate Gold Corp from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | $5.76 Million | -10.19% |
| 2023-11-30 | $6.42 Million | -19.78% |
| 2022-11-30 | $8.00 Million | +219.25% |
| 2021-11-30 | $2.51 Million | -28.06% |
| 2020-11-30 | $3.48 Million | +3.44% |
| 2019-11-30 | $3.37 Million | +90.52% |
| 2018-11-30 | $1.77 Million | -29.64% |
| 2017-11-30 | $2.51 Million | -39.25% |
| 2016-11-30 | $4.13 Million | +209.73% |
| 2015-11-30 | $1.33 Million | -55.97% |
| 2014-11-30 | $3.03 Million | -7.15% |
| 2013-11-30 | $3.27 Million | -24.12% |
| 2012-11-30 | $4.30 Million | -- |