Affinity Gold Corp
Affinity Gold Corporation acquires and develops metals and minerals in Latin America. It operates a hard rock lead, silver, and zinc project in Huancavelica, Peru; and a gold and silver low-sulphidation, epithermal deposit in La Libertad, Peru. Affinity Gold Corporation was formerly known as Syncfeed, Inc. and changed its name to Affinity Gold Corporation in February 2009. The company was founded… Read more
Affinity Gold Corp (AFYG) - Total Assets
Latest total assets as of September 2009: $12.73 Million USD
Based on the latest financial reports, Affinity Gold Corp (AFYG) holds total assets worth $12.73 Million USD as of September 2009.
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.
Affinity Gold Corp - Total Assets Trend (2007–2009)
This chart illustrates how Affinity Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Affinity Gold Corp - Asset Composition Analysis
Current Asset Composition (March 2009)
Affinity Gold Corp's total assets of $12.73 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.8% |
| Accounts Receivable | $236.00K | 89.2% |
| 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 (2007–2009)
This chart illustrates how Affinity 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: Affinity Gold Corp's current assets represent 100.0% of total assets in 2009, unchanged from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 10.8% of total assets in 2009, down from 89.7% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 89.2% of total assets.
Affinity Gold Corp Competitors by Total Assets
Key competitors of Affinity 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 |
Affinity 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 - Affinity 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 - Affinity Gold Corp is currently not profitable relative to its asset base.
Affinity 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 | 0.16 | 0.00 | 0.00 |
| Quick Ratio | 0.16 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-124.64K | $ -12.59K | $ -12.59K |
Affinity Gold Corp - Advanced Valuation Insights
This section examines the relationship between Affinity 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 | 0.09 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $264.44K |
| Market Capitalization | $4.68K USD |
Valuation Analysis
Below Book Valuation: The market values Affinity Gold Corp's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Affinity Gold Corp's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Affinity Gold Corp (2007–2009)
The table below shows the annual total assets of Affinity Gold Corp from 2007 to 2009.
| Year | Total Assets | Change |
|---|---|---|
| 2009-03-31 | $264.44K | -- |
| 2008-03-31 | $0.00 | -- |
| 2007-03-31 | $39.00K | -- |