Sassy Gold Corp.
Sassy Gold Corp., an exploration stage company, identifies, acquires, and explores for precious metal resources in Canada. It explores for gold and uranium deposits. The company holds 100% interests in the Foremore property covering an area of 14,585 hectares located in the Eskay Creek District of British Columbia; and the Gander properties located in Newfoundland. It also holds an option agreeme… Read more
Sassy Gold Corp. (SSYRD) - Total Assets
Latest total assets as of June 2024: $14.49 Million USD
Based on the latest financial reports, Sassy Gold Corp. (SSYRD) holds total assets worth $14.49 Million USD as of June 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.
Sassy Gold Corp. - Total Assets Trend (2020–2024)
This chart illustrates how Sassy Gold Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sassy Gold Corp. - Asset Composition Analysis
Current Asset Composition (June 2024)
Sassy Gold Corp.'s total assets of $14.49 Million consist of 13.9% current assets and 86.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| 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 Sassy 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: Sassy Gold Corp.'s current assets represent 13.9% of total assets in 2024, a decrease from 27.1% in 2020.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 25.2% 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.
Sassy Gold Corp. Competitors by Total Assets
Key competitors of Sassy 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 |
Sassy 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 - Sassy 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 - Sassy Gold Corp. is currently not profitable relative to its asset base.
Sassy 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 | 4.71 | 5.59 | 16.79 |
| Quick Ratio | 4.71 | 5.59 | 16.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.59 Million | $ 3.97 Million | $ 7.25 Million |
Sassy Gold Corp. - Advanced Valuation Insights
This section examines the relationship between Sassy 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -48.5% |
| Total Assets | $14.49 Million |
| Market Capitalization | $554.43 USD |
Valuation Analysis
Below Book Valuation: The market values Sassy Gold Corp.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Sassy Gold Corp.'s assets decreased by 48.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sassy Gold Corp. (2020–2024)
The table below shows the annual total assets of Sassy Gold Corp. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $14.49 Million | -48.52% |
| 2023-06-30 | $28.15 Million | +11.95% |
| 2022-06-30 | $25.15 Million | +40.65% |
| 2021-06-30 | $17.88 Million | +377.56% |
| 2020-06-30 | $3.74 Million | -- |