Goldrich Mining Co
Goldrich Mining Company, an exploration stage company, acquires and explores for mineral properties in the Americas. The company primarily explores for gold and associated base, and precious metals. Its flagship property is the Chandalar property consisting of 426.5 acres as twenty-one federal lode claims, one patented federal placer claim, and one patented federal mill site and 22,432 acres of u… Read more
Goldrich Mining Co (GRMC) - Total Assets
Latest total assets as of September 2023: $688.75K USD
Based on the latest financial reports, Goldrich Mining Co (GRMC) holds total assets worth $688.75K USD as of September 2023.
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.
Goldrich Mining Co - Total Assets Trend (2001–2023)
This chart illustrates how Goldrich Mining Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Goldrich Mining Co - Asset Composition Analysis
Current Asset Composition (December 2023)
Goldrich Mining Co's total assets of $688.75K consist of 14.5% current assets and 85.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.5% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2001–2023)
This chart illustrates how Goldrich Mining Co'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: Goldrich Mining Co's current assets represent 14.5% of total assets in 2023, an increase from 0.0% in 2001.
- Cash Position: Cash and equivalents constituted 0.5% of total assets in 2023, down from 1.8% 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 goodwill at 0.0% of total assets.
Goldrich Mining Co Competitors by Total Assets
Key competitors of Goldrich Mining Co 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 |
Goldrich Mining Co - 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 - Goldrich Mining Co 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 - Goldrich Mining Co is currently not profitable relative to its asset base.
Goldrich Mining Co - 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 | 0.00 | 0.04 |
| Quick Ratio | 0.00 | 0.00 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-12.53 Million | $ -11.62 Million | $ -5.25 Million |
Goldrich Mining Co - Advanced Valuation Insights
This section examines the relationship between Goldrich Mining Co'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 | 0.02 |
| Asset Growth Rate (YoY) | -0.2% |
| Total Assets | $761.92K |
| Market Capitalization | $17.89K USD |
Valuation Analysis
Below Book Valuation: The market values Goldrich Mining Co's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Goldrich Mining Co's assets decreased by 0.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Goldrich Mining Co (2001–2023)
The table below shows the annual total assets of Goldrich Mining Co from 2001 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $761.92K | -0.15% |
| 2022-12-31 | $763.07K | 0.00% |
| 2021-12-31 | $763.07K | +8.41% |
| 2020-12-31 | $703.86K | -2.92% |
| 2019-12-31 | $724.99K | -33.09% |
| 2018-12-31 | $1.08 Million | -26.66% |
| 2017-12-31 | $1.48 Million | +86.80% |
| 2016-12-31 | $790.88K | -7.06% |
| 2015-12-31 | $850.99K | -28.30% |
| 2014-12-31 | $1.19 Million | +11.63% |
| 2013-12-31 | $1.06 Million | -36.10% |
| 2012-12-31 | $1.66 Million | -50.15% |
| 2011-12-31 | $3.34 Million | -2.87% |
| 2010-12-31 | $3.44 Million | +100.23% |
| 2009-12-31 | $1.72 Million | +13.61% |
| 2008-12-31 | $1.51 Million | -53.46% |
| 2007-12-31 | $3.25 Million | -34.21% |
| 2006-12-31 | $4.93 Million | +262.32% |
| 2005-12-31 | $1.36 Million | +270.45% |
| 2004-12-31 | $367.56K | -13.25% |
| 2003-12-31 | $423.68K | +56.61% |
| 2002-12-31 | $270.54K | -3.03% |
| 2001-12-31 | $279.00K | -- |