Freegold Ventures Limited
Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, and evaluation of precious and base metal properties in the United States and Canada. The company explores for gold, copper, silver, cobalt, and tungsten deposits. It holds interests in the Golden Summit property that consists of 53 patented claims, 107 unpatented federal claims, and 241 State of Ala… Read more
Freegold Ventures Limited (FGOVF) - Total Assets
Latest total assets as of September 2025: $137.05 Million USD
Based on the latest financial reports, Freegold Ventures Limited (FGOVF) holds total assets worth $137.05 Million USD as of September 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.
Freegold Ventures Limited - Total Assets Trend (2006–2024)
This chart illustrates how Freegold Ventures Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Freegold Ventures Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Freegold Ventures Limited's total assets of $137.05 Million consist of 3.5% current assets and 96.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.3% |
| 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 (2006–2024)
This chart illustrates how Freegold Ventures Limited'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: Freegold Ventures Limited's current assets represent 3.5% of total assets in 2024, a decrease from 5.2% in 2006.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2024, up from 2.6% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Freegold Ventures Limited Competitors by Total Assets
Key competitors of Freegold Ventures Limited 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 |
Freegold Ventures Limited - 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 - Freegold Ventures Limited 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 - Freegold Ventures Limited is currently not profitable relative to its asset base.
Freegold Ventures Limited - 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 | 15.37 | 7.41 | 55.43 |
| Quick Ratio | 15.37 | 7.41 | 55.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $24.42 Million | $ 4.95 Million | $ 29.52 Million |
Freegold Ventures Limited - Advanced Valuation Insights
This section examines the relationship between Freegold Ventures Limited'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 | 4.32 |
| Latest Market Cap to Assets Ratio | 1.94 |
| Asset Growth Rate (YoY) | 14.3% |
| Total Assets | $103.28 Million |
| Market Capitalization | $200.65 Million USD |
Valuation Analysis
Above Book Valuation: The market values Freegold Ventures Limited's assets above their book value (1.94 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Freegold Ventures Limited's assets grew by 14.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Freegold Ventures Limited (2006–2024)
The table below shows the annual total assets of Freegold Ventures Limited from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $103.28 Million | +14.30% |
| 2023-12-31 | $90.36 Million | +16.75% |
| 2022-12-31 | $77.40 Million | +4.00% |
| 2021-12-31 | $74.42 Million | +0.62% |
| 2020-12-31 | $73.97 Million | +86.85% |
| 2019-12-31 | $39.59 Million | +3.77% |
| 2018-12-31 | $38.15 Million | +1.29% |
| 2017-12-31 | $37.66 Million | +3.45% |
| 2016-12-31 | $36.41 Million | +13.17% |
| 2015-12-31 | $32.17 Million | +4.41% |
| 2014-12-31 | $30.81 Million | -13.27% |
| 2013-12-31 | $35.53 Million | -3.06% |
| 2012-12-31 | $36.65 Million | -1.50% |
| 2011-12-31 | $37.20 Million | +21.17% |
| 2010-12-31 | $30.70 Million | +26.34% |
| 2009-12-31 | $24.30 Million | -6.55% |
| 2008-12-31 | $26.01 Million | +9.26% |
| 2007-12-31 | $23.80 Million | +124.14% |
| 2006-12-31 | $10.62 Million | -- |