Galantas Gold Corporation
Galantas Gold Corporation engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, zinc, copper, and lead deposits. The company owns and operates the Omagh Gold Project, which covers an area of 189 square kilometers located in Northern Ireland. It also has an option agreement to acquire a 100% interest in the Gairloch Project, covering 217 squa… Read more
Galantas Gold Corporation (GALKF) - Total Assets
Latest total assets as of September 2024: $33.34 Million USD
Based on the latest financial reports, Galantas Gold Corporation (GALKF) holds total assets worth $33.34 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.
Galantas Gold Corporation - Total Assets Trend (2006–2023)
This chart illustrates how Galantas Gold Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Galantas Gold Corporation - Asset Composition Analysis
Current Asset Composition (December 2023)
Galantas Gold Corporation's total assets of $33.34 Million consist of 12.9% current assets and 87.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.0% |
| Accounts Receivable | $83.27K | 0.3% |
| Inventory | $18.18K | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2023)
This chart illustrates how Galantas Gold Corporation'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: Galantas Gold Corporation's current assets represent 12.9% of total assets in 2023, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 8.0% of total assets in 2023, up from 1.5% 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 accounts receivable at 0.3% of total assets.
Galantas Gold Corporation Competitors by Total Assets
Key competitors of Galantas Gold Corporation 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 |
Galantas Gold Corporation - 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 - Galantas Gold Corporation 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 - Galantas Gold Corporation is currently not profitable relative to its asset base.
Galantas Gold Corporation - 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 | 0.11 | 0.12 | 0.28 |
| Quick Ratio | 0.11 | 0.12 | 0.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-14.10 Million | $ -14.01 Million | $ -6.09 Million |
Galantas Gold Corporation - Advanced Valuation Insights
This section examines the relationship between Galantas Gold Corporation'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 | 1.00 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | 7.4% |
| Total Assets | $32.58 Million |
| Market Capitalization | $4.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values Galantas Gold Corporation's assets below their book value (0.14 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Galantas Gold Corporation's assets grew by 7.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Galantas Gold Corporation (2006–2023)
The table below shows the annual total assets of Galantas Gold Corporation from 2006 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $32.58 Million | +7.38% |
| 2022-12-31 | $30.34 Million | +0.36% |
| 2021-12-31 | $30.24 Million | +27.48% |
| 2020-12-31 | $23.72 Million | -4.12% |
| 2019-12-31 | $24.74 Million | +1.98% |
| 2018-12-31 | $24.26 Million | +76.61% |
| 2017-12-31 | $13.74 Million | +25.68% |
| 2016-12-31 | $10.93 Million | -18.94% |
| 2015-12-31 | $13.48 Million | +57.72% |
| 2014-12-31 | $8.55 Million | -32.00% |
| 2013-12-31 | $12.57 Million | -11.03% |
| 2012-12-31 | $14.13 Million | +2.40% |
| 2011-12-31 | $13.80 Million | -1.93% |
| 2010-12-31 | $14.07 Million | +23.90% |
| 2009-12-31 | $11.36 Million | -32.67% |
| 2008-12-31 | $16.86 Million | -17.25% |
| 2007-12-31 | $20.38 Million | +52.73% |
| 2006-12-31 | $13.35 Million | -- |