Golden Spike Resources Corp.
Golden Spike Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for copper and gold deposits. The company has an option to acquire a 100% interest in the Gregory River property that includes 4 mineral claims covering an area of approximately 5,175 hectares located in western portion of the island of N… Read more
Golden Spike Resources Corp. (GSPRF) - Total Assets
Latest total assets as of November 2025: $6.57 Million USD
Based on the latest financial reports, Golden Spike Resources Corp. (GSPRF) holds total assets worth $6.57 Million USD as of November 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 Spike Resources Corp. - Total Assets Trend (2020–2025)
This chart illustrates how Golden Spike Resources Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Golden Spike Resources Corp. - Asset Composition Analysis
Current Asset Composition (August 2025)
Golden Spike Resources Corp.'s total assets of $6.57 Million consist of 8.8% current assets and 91.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.0% |
| 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 (2020–2025)
This chart illustrates how Golden Spike Resources Corp.'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 Spike Resources Corp.'s current assets represent 8.8% of total assets in 2025, a decrease from 73.2% in 2020.
- Cash Position: Cash and equivalents constituted 8.0% of total assets in 2025, down from 71.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Golden Spike Resources Corp. Competitors by Total Assets
Key competitors of Golden Spike Resources Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Golden Spike Resources Corp. - 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 Spike Resources Corp. 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 Spike Resources Corp. is currently not profitable relative to its asset base.
Golden Spike Resources Corp. - 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 | 4.89 | 3.71 | 9.76 |
| Quick Ratio | 4.89 | 3.71 | 9.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $248.74K | $ 1.44 Million | $ 1.39 Million |
Golden Spike Resources Corp. - Advanced Valuation Insights
This section examines the relationship between Golden Spike Resources Corp.'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 | 0.46 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 39.9% |
| Total Assets | $6.76 Million |
| Market Capitalization | $544.43K USD |
Valuation Analysis
Below Book Valuation: The market values Golden Spike Resources Corp.'s assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Golden Spike Resources Corp.'s assets grew by 39.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Golden Spike Resources Corp. (2020–2025)
The table below shows the annual total assets of Golden Spike Resources Corp. from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | $6.76 Million | +39.85% |
| 2024-08-31 | $4.83 Million | +12.38% |
| 2023-08-31 | $4.30 Million | -9.54% |
| 2022-08-31 | $4.76 Million | +1482.26% |
| 2021-08-31 | $300.58K | +101.81% |
| 2020-08-31 | $148.94K | -- |