Gold Road Resources Limited
Gold Road Resources Limited, together with its subsidiaries, engages in the exploration of gold properties in Australia. Gold Road Resources Limited was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010. The company was incorporated in 2004 and is based in West Perth, Australia. As of September 26, 2025, Gold Road Resources Limited operat… Read more
Gold Road Resources Limited (ELKMF) - Total Assets
Latest total assets as of June 2025: $1.84 Billion USD
Based on the latest financial reports, Gold Road Resources Limited (ELKMF) holds total assets worth $1.84 Billion USD as of June 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.
Gold Road Resources Limited - Total Assets Trend (2005–2024)
This chart illustrates how Gold Road Resources Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gold Road Resources Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Gold Road Resources Limited's total assets of $1.84 Billion consist of 14.2% current assets and 85.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.8% |
| Accounts Receivable | $5.54 Million | 0.4% |
| Inventory | $41.16 Million | 2.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Gold Road Resources Limited'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: Gold Road Resources Limited's current assets represent 14.2% of total assets in 2024, a decrease from 67.5% in 2005.
- Cash Position: Cash and equivalents constituted 10.8% of total assets in 2024, down from 67.3% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 2.7% of total assets.
Gold Road Resources Limited Competitors by Total Assets
Key competitors of Gold Road Resources Limited 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 |
Gold Road Resources Limited - 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 - Gold Road Resources Limited generates 0.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Gold Road Resources Limited generates $9.29 in net profit.
Gold Road Resources Limited - 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 | 3.28 | 2.26 | 2.09 |
| Quick Ratio | 2.77 | 1.47 | 1.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $199.37 Million | $ 75.75 Million | $ 52.90 Million |
Gold Road Resources Limited - Advanced Valuation Insights
This section examines the relationship between Gold Road Resources Limited'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 | 2.74 |
| Latest Market Cap to Assets Ratio | 1.29 |
| Asset Growth Rate (YoY) | 30.4% |
| Total Assets | $1.54 Billion |
| Market Capitalization | $1.98 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Gold Road Resources Limited's assets above their book value (1.29 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Gold Road Resources Limited's assets grew by 30.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Gold Road Resources Limited (2005–2024)
The table below shows the annual total assets of Gold Road Resources Limited from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.54 Billion | +30.37% |
| 2023-12-31 | $1.18 Billion | +14.41% |
| 2022-12-31 | $1.03 Billion | +57.85% |
| 2021-12-31 | $652.39 Million | +4.03% |
| 2020-12-31 | $627.12 Million | +3.31% |
| 2019-12-31 | $607.03 Million | +22.55% |
| 2018-12-31 | $495.35 Million | +26.63% |
| 2017-12-31 | $391.18 Million | -6.10% |
| 2016-12-31 | $416.60 Million | +155.82% |
| 2015-12-31 | $162.84 Million | +69.37% |
| 2014-12-31 | $96.15 Million | +147.71% |
| 2013-12-31 | $38.81 Million | +43.11% |
| 2012-12-31 | $27.12 Million | -37.45% |
| 2011-12-31 | $43.36 Million | +92.34% |
| 2010-12-31 | $22.54 Million | +212.55% |
| 2009-12-31 | $7.21 Million | +18.96% |
| 2008-12-31 | $6.06 Million | -1.61% |
| 2007-12-31 | $6.16 Million | -32.95% |
| 2006-12-31 | $9.19 Million | +22.48% |
| 2005-12-31 | $7.50 Million | -- |