Thesis Gold Inc
Thesis Gold Inc., a junior resource company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in Canada. The company explores for gold and silver deposits. It holds a 100% interest in the Ranch and Lawyers gold-silver project, which consists of 131 mining claims covering 495 square kilometers in the Toodoggone mining district of northern central Britis… Read more
Thesis Gold Inc (THSGF) - Total Assets
Latest total assets as of November 2025: $259.81 Million USD
Based on the latest financial reports, Thesis Gold Inc (THSGF) holds total assets worth $259.81 Million USD as of November 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.
Thesis Gold Inc - Total Assets Trend (2020–2025)
This chart illustrates how Thesis Gold Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thesis Gold Inc - Asset Composition Analysis
Current Asset Composition (February 2025)
Thesis Gold Inc's total assets of $259.81 Million consist of 7.3% current assets and 92.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.6% |
| 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 (2020–2025)
This chart illustrates how Thesis 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: Thesis Gold Inc's current assets represent 7.3% of total assets in 2025, a decrease from 2493.6% in 2020.
- Cash Position: Cash and equivalents constituted 4.6% of total assets in 2025, down from 85.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Thesis Gold Inc Competitors by Total Assets
Key competitors of Thesis Gold Inc 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 |
Thesis 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
Lower asset utilization - Thesis Gold Inc 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 - Thesis Gold Inc is currently not profitable relative to its asset base.
Thesis 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 | 6.09 | 4.48 | 20.26 |
| Quick Ratio | 6.09 | 4.48 | 20.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $34.53 Million | $ 7.63 Million | $ 5.69 Million |
Thesis Gold Inc - Advanced Valuation Insights
This section examines the relationship between Thesis 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 | 3.15 |
| Latest Market Cap to Assets Ratio | 0.76 |
| Asset Growth Rate (YoY) | 12.4% |
| Total Assets | $206.55 Million |
| Market Capitalization | $157.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thesis Gold Inc's assets below their book value (0.76 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Thesis Gold Inc's assets grew by 12.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Thesis Gold Inc (2020–2025)
The table below shows the annual total assets of Thesis Gold Inc from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-02-28 | $206.55 Million | +12.36% |
| 2024-02-29 | $183.83 Million | +41.82% |
| 2023-02-28 | $129.62 Million | +333.97% |
| 2022-02-28 | $29.87 Million | +141.85% |
| 2021-02-28 | $12.35 Million | +2856.24% |
| 2020-02-29 | $417.75K | -- |