Golden Goliath Resources Ltd
Golden Goliath Resources Ltd. engages in the acquisition and exploration of resource properties in Canada and Mexico. The company explores and develops gold and silver properties. It holds a 100% interest in the Wish Ore Property in the townships of Wishat and Palmer, Ontario; and the Ernst rare earth element located in Lack Ernst, Quebec. In addition, the company owns 100% interest in the KWAI p… Read more
Golden Goliath Resources Ltd (GGTHF) - Total Assets
Latest total assets as of May 2025: $856.62K USD
Based on the latest financial reports, Golden Goliath Resources Ltd (GGTHF) holds total assets worth $856.62K USD as of May 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.
Golden Goliath Resources Ltd - Total Assets Trend (2001–2024)
This chart illustrates how Golden Goliath Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Golden Goliath Resources Ltd - Asset Composition Analysis
Current Asset Composition (August 2024)
Golden Goliath Resources Ltd's total assets of $856.62K consist of 15.5% current assets and 84.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $3.01K | 0.3% |
| 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 (2001–2024)
This chart illustrates how Golden Goliath Resources Ltd'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 Goliath Resources Ltd's current assets represent 15.5% of total assets in 2024, a decrease from 50.0% in 2001.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, down from 46.2% 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 accounts receivable at 0.3% of total assets.
Golden Goliath Resources Ltd Competitors by Total Assets
Key competitors of Golden Goliath Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 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 |
Golden Goliath Resources Ltd - 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 Goliath Resources Ltd 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 - Golden Goliath Resources Ltd is currently not profitable relative to its asset base.
Golden Goliath Resources Ltd - 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 | 0.05 | 0.19 | 15.86 |
| Quick Ratio | 0.05 | 0.19 | 15.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-493.71K | $ -202.53K | $ 2.93 Million |
Golden Goliath Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Golden Goliath Resources Ltd'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 | 5.22 |
| Latest Market Cap to Assets Ratio | 1.29 |
| Asset Growth Rate (YoY) | -76.4% |
| Total Assets | $983.64K |
| Market Capitalization | $1.27 Million USD |
Valuation Analysis
Above Book Valuation: The market values Golden Goliath Resources Ltd's assets above their book value (1.29 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Golden Goliath Resources Ltd's assets decreased by 76.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Golden Goliath Resources Ltd (2001–2024)
The table below shows the annual total assets of Golden Goliath Resources Ltd from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-08-31 | $983.64K | -76.38% |
| 2023-08-31 | $4.16 Million | -4.94% |
| 2022-08-31 | $4.38 Million | -9.30% |
| 2021-08-31 | $4.83 Million | +14.15% |
| 2020-08-31 | $4.23 Million | +102.87% |
| 2019-08-31 | $2.09 Million | -22.17% |
| 2018-08-31 | $2.68 Million | -7.18% |
| 2017-08-31 | $2.89 Million | -5.93% |
| 2016-08-31 | $3.07 Million | -16.22% |
| 2015-08-31 | $3.66 Million | -1.06% |
| 2014-08-31 | $3.70 Million | -49.14% |
| 2013-08-31 | $7.28 Million | -20.43% |
| 2012-08-31 | $9.15 Million | -23.90% |
| 2011-08-31 | $12.02 Million | +17.50% |
| 2010-08-31 | $10.23 Million | +24.45% |
| 2009-08-31 | $8.22 Million | -23.84% |
| 2008-08-31 | $10.80 Million | -4.04% |
| 2007-08-31 | $11.25 Million | +137.39% |
| 2006-08-31 | $4.74 Million | +36.86% |
| 2005-08-31 | $3.46 Million | -21.47% |
| 2004-08-31 | $4.41 Million | +16.37% |
| 2003-08-31 | $3.79 Million | -17.03% |
| 2002-08-31 | $4.57 Million | +16.91% |
| 2001-08-31 | $3.91 Million | -- |