Generic Gold Corporation
Generic Gold Corp., an exploration stage company, engages in acquisition and exploration of mineral properties in Canada. It primarily explores for gold deposits. The company holds 100% interest in the Belvais Project comprising 278 mineral claims covering an area of 8,148 hectares located in the Abitibi region of northwestern Quebec. It also holds interests in gold projects in the Yukon Territor… Read more
Generic Gold Corporation (GGCPF) - Total Assets
Latest total assets as of September 2025: $221.87K USD
Based on the latest financial reports, Generic Gold Corporation (GGCPF) holds total assets worth $221.87K 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.
Generic Gold Corporation - Total Assets Trend (2016–2024)
This chart illustrates how Generic Gold Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Generic Gold Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Generic Gold Corporation's total assets of $221.87K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 91.8% |
| Accounts Receivable | $14.32K | 3.0% |
| 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 (2016–2024)
This chart illustrates how Generic Gold Corporation'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: Generic Gold Corporation's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 91.8% of total assets in 2024, up from 43.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 3.0% of total assets.
Generic Gold Corporation Competitors by Total Assets
Key competitors of Generic Gold Corporation 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 |
Generic Gold Corporation - 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 - Generic Gold Corporation 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 - Generic Gold Corporation is currently not profitable relative to its asset base.
Generic Gold Corporation - 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 | 0.86 | 2.76 | 7.36 |
| Quick Ratio | 0.86 | 2.76 | 7.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-36.35K | $ 373.85K | $ 4.77 Million |
Generic Gold Corporation - Advanced Valuation Insights
This section examines the relationship between Generic Gold Corporation'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 | 75.67 |
| Latest Market Cap to Assets Ratio | 6.66 |
| Asset Growth Rate (YoY) | -51.5% |
| Total Assets | $478.88K |
| Market Capitalization | $3.19 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Generic Gold Corporation's assets at a significant premium ( 6.66x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Generic Gold Corporation's assets decreased by 51.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Generic Gold Corporation (2016–2024)
The table below shows the annual total assets of Generic Gold Corporation from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $478.88K | -51.51% |
| 2023-12-31 | $987.62K | -50.10% |
| 2022-12-31 | $1.98 Million | -48.97% |
| 2021-12-31 | $3.88 Million | -31.44% |
| 2020-12-31 | $5.66 Million | +15128.75% |
| 2019-12-31 | $37.15K | -36.65% |
| 2018-12-31 | $58.65K | -92.55% |
| 2017-12-31 | $787.34K | +4171.13% |
| 2016-12-31 | $18.43K | -- |