Asante Gold Corporation
Asante Gold Corporation, a mineral exploration and gold production company, primarily involved in the assessment, acquisition, development, and operation of mines in the Republic of Ghana. It explores for gold deposit. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.
Asante Gold Corporation (ASGOF) - Total Assets
Latest total assets as of October 2025: $912.74 Million USD
Based on the latest financial reports, Asante Gold Corporation (ASGOF) holds total assets worth $912.74 Million USD as of October 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.
Asante Gold Corporation - Total Assets Trend (2012–2025)
This chart illustrates how Asante Gold Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Asante Gold Corporation - Asset Composition Analysis
Current Asset Composition (January 2025)
Asante Gold Corporation's total assets of $912.74 Million consist of 17.9% current assets and 82.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.6% |
| Accounts Receivable | $1.82 Million | 0.2% |
| Inventory | $117.49 Million | 11.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2025)
This chart illustrates how Asante Gold Corporation'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: Asante Gold Corporation's current assets represent 17.9% of total assets in 2025, a decrease from 73.8% in 2012.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2025, down from 62.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is inventory at 11.1% of total assets.
Asante Gold Corporation Competitors by Total Assets
Key competitors of Asante Gold Corporation 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 |
Asante Gold Corporation - 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 - Asante Gold Corporation generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Asante Gold Corporation is currently not profitable relative to its asset base.
Asante Gold Corporation - 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 | 0.54 | 0.22 | 0.77 |
| Quick Ratio | 0.32 | 0.07 | 0.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-191.86 Million | $ -612.56 Million | $ -156.76K |
Asante Gold Corporation - Advanced Valuation Insights
This section examines the relationship between Asante Gold Corporation'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 | 19.67 |
| Latest Market Cap to Assets Ratio | 0.53 |
| Asset Growth Rate (YoY) | 16.1% |
| Total Assets | $1.06 Billion |
| Market Capitalization | $559.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Asante Gold Corporation's assets below their book value (0.53 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Asante Gold Corporation's assets grew by 16.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Asante Gold Corporation (2012–2025)
The table below shows the annual total assets of Asante Gold Corporation from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-01-31 | $1.06 Billion | +16.07% |
| 2024-01-31 | $915.64 Million | -6.34% |
| 2023-01-31 | $977.63 Million | +330.96% |
| 2022-01-31 | $226.85 Million | +3491.49% |
| 2021-01-31 | $6.32 Million | +14.53% |
| 2020-01-31 | $5.51 Million | +4.82% |
| 2019-01-31 | $5.26 Million | +8.70% |
| 2018-01-31 | $4.84 Million | +16.35% |
| 2017-01-31 | $4.16 Million | -0.05% |
| 2016-01-31 | $4.16 Million | +23.40% |
| 2015-01-31 | $3.37 Million | +18.67% |
| 2014-01-31 | $2.84 Million | +20.87% |
| 2013-01-31 | $2.35 Million | +94.91% |
| 2012-01-31 | $1.21 Million | -- |