Signal Gold Inc.
Signal Gold Inc. operates as a gold development and exploration company in Canada. The company holds a 100% interest in the Goldboro Gold project covering an area of 27, 200 hectares situated to the 175 kilometers northeast of Halifax, Nova Scotia. It also owns a Tilt Cove Gold and copper project that covers an area of approximately 19, 450 hectares located within the Baie Verte Mining District, … Read more
Signal Gold Inc. (SGNLF) - Total Assets
Latest total assets as of September 2024: $53.89 Million USD
Based on the latest financial reports, Signal Gold Inc. (SGNLF) holds total assets worth $53.89 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.
Signal Gold Inc. - Total Assets Trend (2018–2022)
This chart illustrates how Signal Gold Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Signal Gold Inc. - Asset Composition Analysis
Current Asset Composition (December 2022)
Signal Gold Inc.'s total assets of $53.89 Million consist of 15.9% current assets and 84.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.9% |
| Accounts Receivable | $548.85K | 0.6% |
| Inventory | $4.43 Million | 4.7% |
| Property, Plant & Equipment | $75.75 Million | 80.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2022)
This chart illustrates how Signal Gold Inc.'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: Signal Gold Inc.'s current assets represent 15.9% of total assets in 2022, a decrease from 22.1% in 2018.
- Cash Position: Cash and equivalents constituted 9.9% of total assets in 2022, down from 11.1% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is property, plant & equipment at 80.7% of total assets.
Signal Gold Inc. Competitors by Total Assets
Key competitors of Signal Gold Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Signal Gold Inc. - 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
Moderate asset utilization - Signal Gold Inc. generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Signal Gold Inc. is currently not profitable relative to its asset base.
Signal Gold Inc. - 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 | 0.19 | 2.78 | 2.09 |
| Quick Ratio | 0.19 | 2.78 | 1.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-22.94 Million | $ 6.99 Million | $ 11.30 Million |
Signal Gold Inc. - Advanced Valuation Insights
This section examines the relationship between Signal Gold Inc.'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 | 1.33 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | -1.8% |
| Total Assets | $93.85 Million |
| Market Capitalization | $12.83 Million USD |
Valuation Analysis
Below Book Valuation: The market values Signal Gold Inc.'s assets below their book value (0.14 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Signal Gold Inc.'s assets decreased by 1.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Signal Gold Inc. (2018–2022)
The table below shows the annual total assets of Signal Gold Inc. from 2018 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $93.85 Million | -1.78% |
| 2021-12-31 | $95.55 Million | +17.39% |
| 2020-12-31 | $81.40 Million | +27.67% |
| 2019-12-31 | $63.76 Million | +10.04% |
| 2018-12-31 | $57.94 Million | -- |