Goldspot Discoveries Corp
EarthLabs Inc. operates as a mining investment, technology, and media company in Canada. It provides CEO.CA, a social network for investors and traders in junior resource and venture stocks with online and mobile functionality; DigiGeoAtlas platform, a software-based GIS interactive mapping interface alongside its DigiGeoMaps distribution business; DigiGeoData, a software-based interactive mappin… Read more
Goldspot Discoveries Corp (SPOFF) - Total Assets
Latest total assets as of September 2025: $75.18 Million USD
Based on the latest financial reports, Goldspot Discoveries Corp (SPOFF) holds total assets worth $75.18 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.
Goldspot Discoveries Corp - Total Assets Trend (2016–2024)
This chart illustrates how Goldspot Discoveries Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Goldspot Discoveries Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Goldspot Discoveries Corp's total assets of $75.18 Million consist of 89.8% current assets and 10.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.2% |
| Accounts Receivable | $519.49K | 1.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.83 Million | 6.3% |
| Goodwill | $624.29K | 1.4% |
Asset Composition Trend (2016–2024)
This chart illustrates how Goldspot Discoveries 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: Goldspot Discoveries Corp's current assets represent 89.8% of total assets in 2024, a decrease from 97.6% in 2016.
- Cash Position: Cash and equivalents constituted 9.2% of total assets in 2024, down from 97.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 6.3% of total assets.
Goldspot Discoveries Corp Competitors by Total Assets
Key competitors of Goldspot Discoveries Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CID HoldCo, Inc. Warrants
NASDAQ:DAICW
|
USA | $7.45 Million |
|
Digital China Group Co Ltd
SHE:000034
|
China | CN¥50.37 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
Goldspot Discoveries 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 - Goldspot Discoveries Corp generates 0.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Goldspot Discoveries Corp is currently not profitable relative to its asset base.
Goldspot Discoveries 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 | 8.42 | 9.31 | 6.22 |
| Quick Ratio | 8.42 | 9.31 | 6.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $62.41 Million | $ 40.42 Million | $ 19.63 Million |
Goldspot Discoveries Corp - Advanced Valuation Insights
This section examines the relationship between Goldspot Discoveries 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 | 0.74 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | -8.8% |
| Total Assets | $44.93 Million |
| Market Capitalization | $11.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values Goldspot Discoveries Corp's assets below their book value (0.25 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Goldspot Discoveries Corp's assets decreased by 8.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Goldspot Discoveries Corp (2016–2024)
The table below shows the annual total assets of Goldspot Discoveries Corp from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $44.93 Million | -8.77% |
| 2023-12-31 | $49.25 Million | -22.16% |
| 2022-12-31 | $63.27 Million | -13.47% |
| 2021-12-31 | $73.13 Million | +208.19% |
| 2020-12-31 | $23.73 Million | +131.21% |
| 2019-12-31 | $10.26 Million | +1493.97% |
| 2017-12-31 | $643.83K | +56.17% |
| 2016-12-31 | $412.25K | -- |