Galway Gold Inc
Montauk Metals Inc. engages in the acquisition, exploration, and development of mineral resource properties. It primarily explores for gold deposit. The company holds interests in the Reina de Oro property located in the Santander mining district of Colombia. The company was formerly known as Galway Gold Inc. and changed its name to Montauk Metals Inc. in July 2023. Montauk Metals Inc. was incorp… Read more
Galway Gold Inc (GAYGF) - Total Assets
Latest total assets as of September 2024: $636.40K USD
Based on the latest financial reports, Galway Gold Inc (GAYGF) holds total assets worth $636.40K USD as of September 2024.
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.
Galway Gold Inc - Total Assets Trend (2012–2023)
This chart illustrates how Galway Gold Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Galway Gold Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Galway Gold Inc's total assets of $636.40K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 24.1% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2012–2023)
This chart illustrates how Galway 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: Galway Gold Inc's current assets represent 100.0% of total assets in 2023, an increase from 88.6% in 2012.
- Cash Position: Cash and equivalents constituted 24.1% of total assets in 2023, down from 88.5% 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 goodwill at 0.0% of total assets.
Galway Gold Inc Competitors by Total Assets
Key competitors of Galway 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 |
Galway 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
Lower asset utilization - Galway Gold Inc 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 - Galway Gold Inc is currently not profitable relative to its asset base.
Galway 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 | 0.53 | 0.31 | 60.81 |
| Quick Ratio | 0.53 | 0.31 | 60.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-573.55K | $ -422.43K | $ 5.07 Million |
Galway Gold Inc - Advanced Valuation Insights
This section examines the relationship between Galway 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 | 11.96 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -44.9% |
| Total Assets | $415.20K |
| Market Capitalization | $44.37K USD |
Valuation Analysis
Below Book Valuation: The market values Galway Gold Inc's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Galway Gold Inc's assets decreased by 44.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Galway Gold Inc (2012–2023)
The table below shows the annual total assets of Galway Gold Inc from 2012 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $415.20K | -44.88% |
| 2022-12-31 | $753.30K | -65.48% |
| 2021-12-31 | $2.18 Million | -40.46% |
| 2020-12-31 | $3.67 Million | -28.92% |
| 2019-12-31 | $5.16 Million | -20.60% |
| 2018-12-31 | $6.49 Million | -15.00% |
| 2017-12-31 | $7.64 Million | -12.51% |
| 2016-12-31 | $8.73 Million | -11.61% |
| 2015-12-31 | $9.88 Million | -17.56% |
| 2014-12-31 | $11.98 Million | -12.98% |
| 2013-12-31 | $13.77 Million | -30.07% |
| 2012-12-31 | $19.69 Million | -- |