Xtra-Gold Resources Corp
Xtra-Gold Resources Corp. engages in the exploration and development of gold properties. Its flagship property consists of the Kibi Gold project that includes an area of approximately 225.87 square kilometers located in the Republic of Ghana, West Africa. The company was formerly known as RetinaPharma International, Inc. and changed its name to Xtra-Gold Resources Corp. in December 2003. The comp… Read more
Xtra-Gold Resources Corp (XTGRF) - Total Assets
Latest total assets as of June 2025: $16.27 Million USD
Based on the latest financial reports, Xtra-Gold Resources Corp (XTGRF) holds total assets worth $16.27 Million USD as of June 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.
Xtra-Gold Resources Corp - Total Assets Trend (2008–2024)
This chart illustrates how Xtra-Gold Resources Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xtra-Gold Resources Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Xtra-Gold Resources Corp's total assets of $16.27 Million consist of 89.6% current assets and 10.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 57.5% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $1.16 Million | 8.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Xtra-Gold Resources 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: Xtra-Gold Resources Corp's current assets represent 89.6% of total assets in 2024, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 57.5% of total assets in 2024, up from 7.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 8.2% of total assets.
Xtra-Gold Resources Corp Competitors by Total Assets
Key competitors of Xtra-Gold Resources 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 |
Xtra-Gold Resources 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 - Xtra-Gold Resources 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
Excellent ROA - For every $100 in assets, Xtra-Gold Resources Corp generates $ 11.78 in net profit.
Xtra-Gold Resources 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 | 6.92 | 6.59 | 22.77 |
| Quick Ratio | 6.69 | 6.35 | 22.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $12.53 Million | $ 10.15 Million | $ 7.68 Million |
Xtra-Gold Resources Corp - Advanced Valuation Insights
This section examines the relationship between Xtra-Gold Resources 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 | 6.78 |
| Latest Market Cap to Assets Ratio | 3.80 |
| Asset Growth Rate (YoY) | 19.9% |
| Total Assets | $14.22 Million |
| Market Capitalization | $54.08 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Xtra-Gold Resources Corp's assets at a significant premium ( 3.80x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Xtra-Gold Resources Corp's assets grew by 19.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Xtra-Gold Resources Corp (2008–2024)
The table below shows the annual total assets of Xtra-Gold Resources Corp from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $14.22 Million | +19.93% |
| 2023-12-31 | $11.86 Million | -0.17% |
| 2022-12-31 | $11.88 Million | +10.44% |
| 2021-12-31 | $10.76 Million | +15.17% |
| 2020-12-31 | $9.34 Million | +35.86% |
| 2019-12-31 | $6.88 Million | +43.52% |
| 2018-12-31 | $4.79 Million | +43.94% |
| 2017-12-31 | $3.33 Million | +14.92% |
| 2016-12-31 | $2.90 Million | +16.23% |
| 2015-12-31 | $2.49 Million | -8.16% |
| 2014-12-31 | $2.71 Million | -24.99% |
| 2013-12-31 | $3.62 Million | -25.21% |
| 2012-12-31 | $4.84 Million | -50.77% |
| 2011-12-31 | $9.82 Million | -24.55% |
| 2010-12-31 | $13.02 Million | +186.09% |
| 2009-12-31 | $4.55 Million | +18.09% |
| 2008-12-31 | $3.85 Million | -- |