Compass Gold Corporation
Compass Gold Corporation acquires, explores, and develops mineral properties in Mali. The company primarily explores for gold deposits. Its principal property is the Sikasso property that consists of 14 exploration permits covering an area of approximately 1,173 square kilometres located in Mali, West Africa. Compass Gold Corporation was incorporated in 2002 and is based in Toronto, Canada.
Compass Gold Corporation (COGDF) - Total Assets
Latest total assets as of September 2025: $17.45 Million USD
Based on the latest financial reports, Compass Gold Corporation (COGDF) holds total assets worth $17.45 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.
Compass Gold Corporation - Total Assets Trend (1999–2024)
This chart illustrates how Compass Gold Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Compass Gold Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Compass Gold Corporation's total assets of $17.45 Million consist of 1.3% current assets and 98.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $40.70K | 0.2% |
| 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 (1999–2024)
This chart illustrates how Compass 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: Compass Gold Corporation's current assets represent 1.3% of total assets in 2024, a decrease from 25.9% in 1999.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, down from 18.2% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1999.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Compass Gold Corporation Competitors by Total Assets
Key competitors of Compass 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 |
Compass 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
Lower asset utilization - Compass Gold Corporation 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 - Compass Gold Corporation is currently not profitable relative to its asset base.
Compass 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 | 0.39 | 0.06 | 6.87 |
| Quick Ratio | 0.39 | 0.06 | 6.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-790.70K | $ -1.09 Million | $ 3.42 Million |
Compass Gold Corporation - Advanced Valuation Insights
This section examines the relationship between Compass 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 | 1.63 |
| Latest Market Cap to Assets Ratio | 0.58 |
| Asset Growth Rate (YoY) | 3.7% |
| Total Assets | $23.18 Million |
| Market Capitalization | $13.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Compass Gold Corporation's assets below their book value (0.58 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Compass Gold Corporation's assets grew by 3.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Compass Gold Corporation (1999–2024)
The table below shows the annual total assets of Compass Gold Corporation from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $23.18 Million | +3.70% |
| 2023-12-31 | $22.35 Million | +4.87% |
| 2022-12-31 | $21.32 Million | -7.62% |
| 2021-12-31 | $23.08 Million | +5.51% |
| 2020-12-31 | $21.87 Million | +12.89% |
| 2019-12-31 | $19.37 Million | +120.95% |
| 2018-12-31 | $8.77 Million | -6.65% |
| 2017-12-31 | $9.39 Million | +71.03% |
| 2017-06-30 | $5.49 Million | +216014.77% |
| 2016-12-31 | $2.54K | -99.96% |
| 2016-06-30 | $5.82 Million | +343363.08% |
| 2015-12-31 | $1.70K | -97.48% |
| 2014-12-31 | $67.28K | -97.71% |
| 2013-12-31 | $2.94 Million | -70.87% |
| 2012-12-31 | $10.11 Million | +4.18% |
| 2011-12-31 | $9.70 Million | +633.67% |
| 2010-12-31 | $1.32 Million | +788.17% |
| 2009-12-31 | $148.86K | +890.87% |
| 2008-12-31 | $15.02K | -18.62% |
| 2007-12-31 | $18.46K | +126.38% |
| 2006-12-31 | $8.15K | +122.09% |
| 2005-12-31 | $3.67K | +44.40% |
| 2004-12-31 | $2.54K | -48.09% |
| 2003-12-31 | $4.90K | -3.75% |
| 2002-12-31 | $5.09K | -77.05% |
| 2001-12-31 | $22.18K | -82.01% |
| 2000-12-31 | $123.29K | +88.07% |
| 1999-12-31 | $65.56K | -- |