Goldgroup Mining Inc.
Goldgroup Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of gold-bearing mineral properties in Mexico and the Americas. It holds a 100% interest in the Cerro Prieto project comprising San Felix, San Francisco, Elba, Huerta de Oro, Reyna de Plata, Cerro Prieto North, and the Argonauta 6 mineral concessions located in the Cucurpe Mining Distric… Read more
Goldgroup Mining Inc. (GGAZF) - Total Assets
Latest total assets as of September 2025: $47.72 Million USD
Based on the latest financial reports, Goldgroup Mining Inc. (GGAZF) holds total assets worth $47.72 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.
Goldgroup Mining Inc. - Total Assets Trend (2000–2024)
This chart illustrates how Goldgroup Mining Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Goldgroup Mining Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Goldgroup Mining Inc.'s total assets of $47.72 Million consist of 54.3% current assets and 45.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.9% |
| Accounts Receivable | $388.00K | 6.2% |
| Inventory | $2.20 Million | 35.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Goldgroup Mining 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: Goldgroup Mining Inc.'s current assets represent 54.3% of total assets in 2024, an increase from 47.8% in 2000.
- Cash Position: Cash and equivalents constituted 5.9% of total assets in 2024, down from 44.6% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 35.5% of total assets.
Goldgroup Mining Inc. Competitors by Total Assets
Key competitors of Goldgroup Mining 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 |
Goldgroup Mining 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
Strong asset utilization - Goldgroup Mining Inc. generates 3.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Goldgroup Mining Inc. is currently not profitable relative to its asset base.
Goldgroup Mining 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 | 0.66 | 0.39 | 0.79 |
| Quick Ratio | 0.43 | 0.18 | 0.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-13.60 Million | $ -7.01 Million | $ -1.57 Million |
Goldgroup Mining Inc. - Advanced Valuation Insights
This section examines the relationship between Goldgroup Mining 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 | 71.00 |
| Latest Market Cap to Assets Ratio | 19.87 |
| Asset Growth Rate (YoY) | -34.0% |
| Total Assets | $6.21 Million |
| Market Capitalization | $123.47 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Goldgroup Mining Inc.'s assets at a significant premium ( 19.87x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Goldgroup Mining Inc.'s assets decreased by 34.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Goldgroup Mining Inc. (2000–2024)
The table below shows the annual total assets of Goldgroup Mining Inc. from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.21 Million | -34.02% |
| 2023-12-31 | $9.42 Million | -38.86% |
| 2022-12-31 | $15.40 Million | +41.69% |
| 2021-12-31 | $10.87 Million | -1.66% |
| 2020-12-31 | $11.05 Million | +14.18% |
| 2019-12-31 | $9.68 Million | -33.31% |
| 2018-12-31 | $14.52 Million | -11.57% |
| 2017-12-31 | $16.42 Million | +5.22% |
| 2016-12-31 | $15.61 Million | -16.74% |
| 2015-12-31 | $18.74 Million | -62.25% |
| 2014-12-31 | $49.64 Million | -52.89% |
| 2013-12-31 | $105.38 Million | +1.01% |
| 2012-12-31 | $104.32 Million | -4.51% |
| 2011-12-31 | $109.25 Million | +42.55% |
| 2010-12-31 | $76.64 Million | +588.99% |
| 2009-12-31 | $11.12 Million | +27.99% |
| 2008-12-31 | $8.69 Million | -11.24% |
| 2007-12-31 | $9.79 Million | +46.68% |
| 2006-12-31 | $6.68 Million | +731.26% |
| 2004-12-31 | $803.07K | +81.67% |
| 2003-12-31 | $442.06K | +1398.24% |
| 2002-12-31 | $29.50K | -71.88% |
| 2001-12-31 | $104.94K | -53.85% |
| 2000-12-31 | $227.39K | -- |