Argo Gold Inc
Argo Gold Inc. engages in the acquisition, exploration, development, and production of mineral properties in Canada. It primarily explores for gold, silver, nickel, copper, platinum group metals, cobalt, lead, zinc, and uranium deposits. The company was formerly known as Arbitrage Exploration Inc. and changed its name to Argo Gold Inc. in September 2016. Argo Gold Inc. was incorporated in 1995 an… Read more
Argo Gold Inc (ARBTF) - Total Assets
Latest total assets as of September 2025: $3.18 Million USD
Based on the latest financial reports, Argo Gold Inc (ARBTF) holds total assets worth $3.18 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.
Argo Gold Inc - Total Assets Trend (2001–2024)
This chart illustrates how Argo Gold Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Argo Gold Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Argo Gold Inc's total assets of $3.18 Million consist of 15.1% current assets and 84.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.8% |
| Accounts Receivable | $203.51K | 6.2% |
| 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 (2001–2024)
This chart illustrates how Argo 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: Argo Gold Inc's current assets represent 15.1% of total assets in 2024, an increase from 3.6% in 2001.
- Cash Position: Cash and equivalents constituted 8.8% of total assets in 2024, up from 3.6% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 6.2% of total assets.
Argo Gold Inc Competitors by Total Assets
Key competitors of Argo Gold Inc 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 |
Argo 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 - Argo Gold Inc generates 0.68x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Argo Gold Inc generates $ 13.25 in net profit.
Argo 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 | 0.17 | 0.29 | 9.76 |
| Quick Ratio | 0.17 | 0.29 | 9.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.39 Million | $ -1.10 Million | $ 3.02 Million |
Argo Gold Inc - Advanced Valuation Insights
This section examines the relationship between Argo 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 | 6.37 |
| Latest Market Cap to Assets Ratio | 1.13 |
| Asset Growth Rate (YoY) | 18.8% |
| Total Assets | $3.30 Million |
| Market Capitalization | $3.73 Million USD |
Valuation Analysis
Above Book Valuation: The market values Argo Gold Inc's assets above their book value (1.13 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Argo Gold Inc's assets grew by 18.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Argo Gold Inc (2001–2024)
The table below shows the annual total assets of Argo Gold Inc from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.30 Million | +18.84% |
| 2023-12-31 | $2.78 Million | +154.11% |
| 2022-12-31 | $1.09 Million | -48.97% |
| 2021-12-31 | $2.14 Million | -50.28% |
| 2020-12-31 | $4.30 Million | +281.67% |
| 2019-12-31 | $1.13 Million | -57.47% |
| 2018-12-31 | $2.65 Million | +89.64% |
| 2017-12-31 | $1.40 Million | +84.81% |
| 2016-12-31 | $756.48K | +145.66% |
| 2015-12-31 | $307.94K | +2.35% |
| 2014-12-31 | $300.86K | -13.50% |
| 2013-12-31 | $347.79K | +34.58% |
| 2012-12-31 | $258.43K | -53.70% |
| 2011-12-31 | $558.15K | -40.26% |
| 2010-12-31 | $934.25K | +7449.53% |
| 2009-12-31 | $12.38K | +120.94% |
| 2008-12-31 | $5.60K | +601.88% |
| 2007-12-31 | $798.00 | -99.74% |
| 2006-12-31 | $311.93K | -17.10% |
| 2005-12-31 | $376.27K | -49.15% |
| 2004-12-31 | $739.96K | +31.29% |
| 2003-12-31 | $563.61K | +22.12% |
| 2002-12-31 | $461.54K | +92.48% |
| 2001-12-31 | $239.78K | -- |