Lode Gold Resources Inc.
Lode Gold Resources Inc., together with its subsidiaries, engages in the acquisition and exploration of mineral resource properties in North America. The company primarily explores for lead, zinc, silver, copper, gold, and cobalt deposits. Its flagship project is the Fremont Gold project located in the Mariposa County, California; and the Dingman Gold project consists of certain mineral claims th… Read more
Lode Gold Resources Inc. (SBMID) - Total Assets
Latest total assets as of September 2024: $27.47 Million USD
Based on the latest financial reports, Lode Gold Resources Inc. (SBMID) holds total assets worth $27.47 Million USD as of September 2024.
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.
Lode Gold Resources Inc. - Total Assets Trend (2020–2023)
This chart illustrates how Lode Gold Resources Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lode Gold Resources Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
Lode Gold Resources Inc.'s total assets of $27.47 Million consist of 1.0% current assets and 99.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| 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 (2020–2023)
This chart illustrates how Lode Gold Resources 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: Lode Gold Resources Inc.'s current assets represent 1.0% of total assets in 2023, a decrease from 52.4% in 2020.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2023, down from 25.5% 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.
Lode Gold Resources Inc. Competitors by Total Assets
Key competitors of Lode Gold Resources Inc. 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 |
Lode Gold Resources 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 - Lode Gold Resources 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 - Lode Gold Resources Inc. is currently not profitable relative to its asset base.
Lode Gold Resources 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 | 0.47 | 0.23 | 0.06 |
| Quick Ratio | 0.47 | 0.23 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-676.91K | $ -2.10 Million | $ -5.89 Million |
Lode Gold Resources Inc. - Advanced Valuation Insights
This section examines the relationship between Lode Gold Resources 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -2.0% |
| Total Assets | $26.51 Million |
| Market Capitalization | $1.27K USD |
Valuation Analysis
Below Book Valuation: The market values Lode Gold Resources Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Lode Gold Resources Inc.'s assets decreased by 2.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Lode Gold Resources Inc. (2020–2023)
The table below shows the annual total assets of Lode Gold Resources Inc. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $26.51 Million | -1.99% |
| 2022-12-31 | $27.05 Million | +0.23% |
| 2021-12-31 | $26.99 Million | +131.00% |
| 2020-12-31 | $11.68 Million | -- |