Goldstar Minerals Inc
Green Mining Innovation Inc. engages in the exploration of mineral properties in the provinces of Québec and Newfoundland. It holds 100% interest in the Fortune property located in the Gaspé Peninsula, Québec; Panache North property situated in the Windfall Lake (Urban Barry) area of Québec; the Prince Property located in the province of Newfoundland; and the Upton (IMV) property located in the M… Read more
Goldstar Minerals Inc (GDMIF) - Total Assets
Latest total assets as of September 2024: $1.82 Million USD
Based on the latest financial reports, Goldstar Minerals Inc (GDMIF) holds total assets worth $1.82 Million 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.
Goldstar Minerals Inc - Total Assets Trend (2011–2023)
This chart illustrates how Goldstar Minerals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Goldstar Minerals Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Goldstar Minerals Inc's total assets of $1.82 Million consist of 16.9% current assets and 83.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.0% |
| Accounts Receivable | $25.30K | 1.2% |
| 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 (2011–2023)
This chart illustrates how Goldstar Minerals 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: Goldstar Minerals Inc's current assets represent 16.9% of total assets in 2023, a decrease from 53.6% in 2011.
- Cash Position: Cash and equivalents constituted 15.0% of total assets in 2023, down from 50.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.
Goldstar Minerals Inc Competitors by Total Assets
Key competitors of Goldstar Minerals Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Goldstar Minerals 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 - Goldstar Minerals 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 - Goldstar Minerals Inc is currently not profitable relative to its asset base.
Goldstar Minerals 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 | 0.17 | 0.96 | 0.15 |
| Quick Ratio | 0.17 | 0.95 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-398.97K | $ -21.91K | $ -761.25K |
Goldstar Minerals Inc - Advanced Valuation Insights
This section examines the relationship between Goldstar Minerals 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 | 0.05 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 1033.5% |
| Total Assets | $2.12 Million |
| Market Capitalization | $42.27K USD |
Valuation Analysis
Below Book Valuation: The market values Goldstar Minerals Inc's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Goldstar Minerals Inc's assets grew by 1033.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Goldstar Minerals Inc (2011–2023)
The table below shows the annual total assets of Goldstar Minerals Inc from 2011 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.12 Million | +1033.48% |
| 2022-12-31 | $187.23K | -88.68% |
| 2021-12-31 | $1.65 Million | +66.14% |
| 2020-12-31 | $995.92K | -64.41% |
| 2019-12-31 | $2.80 Million | +35.28% |
| 2018-12-31 | $2.07 Million | +55.88% |
| 2017-12-31 | $1.33 Million | +82.72% |
| 2016-12-31 | $726.34K | +459.63% |
| 2015-12-31 | $129.79K | -88.25% |
| 2014-12-31 | $1.10 Million | -31.14% |
| 2013-12-31 | $1.60 Million | +91.86% |
| 2012-12-31 | $836.20K | +8.10% |
| 2011-12-31 | $773.54K | -- |