Mayfair Gold Corp
Mayfair Gold Corp. acquires, explores, evaluates, and develops mineral properties. It holds 100% interests in the Fenn-Gib gold project with 21 fee simple patented properties, 153 patented leasehold mining claims, and 144 unpatented mining claims covering an area of approximately 4,800 hectares located in the Guibord, Munro, Michaud, and McCool Townships in northeast Ontario, Canada. The company … Read more
Mayfair Gold Corp (MFGCF) - Total Assets
Latest total assets as of September 2025: $56.75 Million USD
Based on the latest financial reports, Mayfair Gold Corp (MFGCF) holds total assets worth $56.75 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.
Mayfair Gold Corp - Total Assets Trend (2019–2024)
This chart illustrates how Mayfair Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mayfair Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Mayfair Gold Corp's total assets of $56.75 Million consist of 40.6% current assets and 59.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 38.9% |
| 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 (2019–2024)
This chart illustrates how Mayfair 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: Mayfair Gold Corp's current assets represent 40.6% of total assets in 2024, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 38.9% of total assets in 2024, down from 100.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Mayfair Gold Corp Competitors by Total Assets
Key competitors of Mayfair Gold 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 |
Mayfair 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 - Mayfair 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 - Mayfair Gold Corp is currently not profitable relative to its asset base.
Mayfair 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 | 35.71 | 15.02 | 6.40 |
| Quick Ratio | 35.71 | 15.02 | 6.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $41.04 Million | $ 5.45 Million | $ 1.83 Million |
Mayfair Gold Corp - Advanced Valuation Insights
This section examines the relationship between Mayfair 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 | 6.51 |
| Latest Market Cap to Assets Ratio | 1.90 |
| Asset Growth Rate (YoY) | -14.1% |
| Total Assets | $24.49 Million |
| Market Capitalization | $46.56 Million USD |
Valuation Analysis
Above Book Valuation: The market values Mayfair Gold Corp's assets above their book value (1.90 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Mayfair Gold Corp's assets decreased by 14.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mayfair Gold Corp (2019–2024)
The table below shows the annual total assets of Mayfair Gold Corp from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $24.49 Million | -14.05% |
| 2023-12-31 | $28.49 Million | +30.66% |
| 2022-12-31 | $21.81 Million | -20.32% |
| 2021-12-31 | $27.37 Million | +65.56% |
| 2020-12-31 | $16.53 Million | +1653098400.00% |
| 2019-12-31 | $1.00 | -- |