Golden Band Resources Inc
Golden Band Resources Inc. explores, develops, and extracts gold ores in Canada. Its portfolio consists of 13 gold deposits and 5 former producing mines covering an area of approximately 870 square kilometers located in Star Lake, Decade, Komis, and Jolu. Golden Band Resources Inc. was incorporated in 1983 and is based in Saskatoon, Canada.
Golden Band Resources Inc (GBRIF) - Total Assets
Latest total assets as of January 2016: $8.89 Million USD
Based on the latest financial reports, Golden Band Resources Inc (GBRIF) holds total assets worth $8.89 Million USD as of January 2016.
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.
Golden Band Resources Inc - Total Assets Trend (2001–2015)
This chart illustrates how Golden Band Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Golden Band Resources Inc - Asset Composition Analysis
Current Asset Composition (April 2015)
Golden Band Resources Inc's total assets of $8.89 Million consist of 8.6% current assets and 91.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.9% |
| Accounts Receivable | $22.37K | 0.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $6.56 Million | 64.8% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2001–2015)
This chart illustrates how Golden Band Resources 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: Golden Band Resources Inc's current assets represent 8.6% of total assets in 2015, an increase from 0.8% in 2001.
- Cash Position: Cash and equivalents constituted 6.9% of total assets in 2015, up from 0.5% 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 property, plant & equipment at 64.8% of total assets.
Golden Band Resources Inc Competitors by Total Assets
Key competitors of Golden Band Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Golden Band Resources 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 - Golden Band Resources Inc generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Golden Band Resources Inc is currently not profitable relative to its asset base.
Golden Band Resources 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 | 0.00 | 0.01 | 0.46 |
| Quick Ratio | 0.00 | 0.01 | 0.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-114.00 Million | $ -106.96 Million | $ -11.22 Million |
Golden Band Resources Inc - Advanced Valuation Insights
This section examines the relationship between Golden Band Resources 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -66.6% |
| Total Assets | $10.11 Million |
| Market Capitalization | $0.95 USD |
Valuation Analysis
Below Book Valuation: The market values Golden Band Resources Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Golden Band Resources Inc's assets decreased by 66.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Golden Band Resources Inc (2001–2015)
The table below shows the annual total assets of Golden Band Resources Inc from 2001 to 2015.
| Year | Total Assets | Change |
|---|---|---|
| 2015-04-30 | $10.11 Million | -66.58% |
| 2014-04-30 | $30.27 Million | -65.89% |
| 2013-04-30 | $88.73 Million | -1.27% |
| 2012-04-30 | $89.87 Million | -1.97% |
| 2011-04-30 | $91.67 Million | +104.87% |
| 2010-04-30 | $44.75 Million | +44.95% |
| 2009-04-30 | $30.87 Million | -7.46% |
| 2008-04-30 | $33.36 Million | +45.13% |
| 2007-04-30 | $22.99 Million | +45.93% |
| 2006-04-30 | $15.75 Million | +45.00% |
| 2005-04-30 | $10.86 Million | +59.63% |
| 2004-04-30 | $6.81 Million | +42.08% |
| 2003-04-30 | $4.79 Million | +258.21% |
| 2002-04-30 | $1.34 Million | +17.57% |
| 2001-04-30 | $1.14 Million | -- |