Allegiant Gold Ltd
Allegiant Gold Ltd. engages in the exploration and evaluation of resource properties in the United States. The company primarily explores for gold and silver deposits. Its flagship project is the Eastside project covering an area of 80 square kilometers located in town of Tonopah, Nevada. The company was incorporated in 2017 and is headquartered in Vancouver, Canada.
Allegiant Gold Ltd (AUXXF) - Total Assets
Latest total assets as of December 2024: $35.81 Million USD
Based on the latest financial reports, Allegiant Gold Ltd (AUXXF) holds total assets worth $35.81 Million USD as of December 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.
Allegiant Gold Ltd - Total Assets Trend (2015–2024)
This chart illustrates how Allegiant Gold Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Allegiant Gold Ltd - Asset Composition Analysis
Current Asset Composition (September 2024)
Allegiant Gold Ltd's total assets of $35.81 Million consist of 8.4% current assets and 91.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.4% |
| Accounts Receivable | $75.97K | 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 (2015–2024)
This chart illustrates how Allegiant Gold Ltd'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: Allegiant Gold Ltd's current assets represent 8.4% of total assets in 2024, an increase from 2.5% in 2015.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2024, down from 2.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Allegiant Gold Ltd Competitors by Total Assets
Key competitors of Allegiant Gold Ltd 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 |
Allegiant Gold Ltd - 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 - Allegiant Gold Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Allegiant Gold Ltd generates $ 4.06 in net profit.
Allegiant Gold Ltd - 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 | 2.42 | 93.21 | 14.22 |
| Quick Ratio | 2.42 | 93.21 | 14.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $683.35K | $ 6.84 Million | $ 1.01 Million |
Allegiant Gold Ltd - Advanced Valuation Insights
This section examines the relationship between Allegiant Gold Ltd'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 | 0.42 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 9.0% |
| Total Assets | $37.16 Million |
| Market Capitalization | $7.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values Allegiant Gold Ltd's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Allegiant Gold Ltd's assets grew by 9.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Allegiant Gold Ltd (2015–2024)
The table below shows the annual total assets of Allegiant Gold Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $37.16 Million | +8.98% |
| 2023-09-30 | $34.10 Million | +0.76% |
| 2022-09-30 | $33.84 Million | +13.95% |
| 2021-09-30 | $29.70 Million | +0.42% |
| 2020-09-30 | $29.58 Million | +16.30% |
| 2019-09-30 | $25.43 Million | -5.72% |
| 2018-09-30 | $26.97 Million | -- |
| 2017-09-30 | $0.00 | -- |
| 2016-09-30 | $16.41 Million | +48.42% |
| 2015-09-30 | $11.06 Million | -- |