Golden Shield Resources Inc
Golden Shield Resources Inc. engages in the acquisition, exploration, and development, and evaluation of mineral properties in Guyana. It primarily explores for gold, base, and precious metals. The company's 100% owned flagship project is the Marudi Mountain Project that covers an area of 5,457 hectares located in southwestern Guyana. Golden Shield Resources Inc. is headquartered in Vancouver, Ca… Read more
Golden Shield Resources Inc (GSRFF) - Total Assets
Latest total assets as of January 2025: $1.73 Million USD
Based on the latest financial reports, Golden Shield Resources Inc (GSRFF) holds total assets worth $1.73 Million USD as of January 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 Shield Resources Inc - Total Assets Trend (2018–2024)
This chart illustrates how Golden Shield Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Golden Shield Resources Inc - Asset Composition Analysis
Current Asset Composition (July 2024)
Golden Shield Resources Inc's total assets of $1.73 Million consist of 20.6% current assets and 79.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.0% |
| Accounts Receivable | $48.35K | 2.5% |
| 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 (2018–2024)
This chart illustrates how Golden Shield Resources 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: Golden Shield Resources Inc's current assets represent 20.6% of total assets in 2024, a decrease from 88.0% in 2018.
- Cash Position: Cash and equivalents constituted 9.0% of total assets in 2024, down from 83.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 2.5% of total assets.
Golden Shield Resources Inc Competitors by Total Assets
Key competitors of Golden Shield Resources 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 |
Golden Shield Resources 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
Lower asset utilization - Golden Shield Resources Inc 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 Shield Resources Inc is currently not profitable relative to its asset base.
Golden Shield Resources 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 | 0.24 | 9.84 | 4.06 |
| Quick Ratio | 0.24 | 9.84 | 4.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-530.40K | $ 1.48 Million | $ 56.39K |
Golden Shield Resources Inc - Advanced Valuation Insights
This section examines the relationship between Golden Shield Resources 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 | 1.72 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -67.2% |
| Total Assets | $1.95 Million |
| Market Capitalization | $116.71K USD |
Valuation Analysis
Below Book Valuation: The market values Golden Shield Resources Inc's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Golden Shield Resources Inc's assets decreased by 67.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Golden Shield Resources Inc (2018–2024)
The table below shows the annual total assets of Golden Shield Resources Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-07-31 | $1.95 Million | -67.15% |
| 2023-07-31 | $5.94 Million | -29.80% |
| 2022-07-31 | $8.45 Million | +993.59% |
| 2021-07-31 | $773.07K | +30.65% |
| 2020-07-31 | $591.72K | -15.00% |
| 2019-07-31 | $696.15K | +248.07% |
| 2018-07-31 | $200.00K | -- |