Handeni Gold Inc
Handeni Gold Inc. does not have significant operations. Previously, it engaged in the acquisition and exploration of mineral properties in the United Republic of Tanzania. The company was formerly known as Douglas Lake Minerals Inc. and changed its name to Handeni Gold Inc. in February 2012. Handeni Gold Inc. was incorporated in 2004 and is based in Cleveland, Ohio.
Handeni Gold Inc (HNDI) - Total Assets
Latest total assets as of February 2017: $1.47 Million USD
Based on the latest financial reports, Handeni Gold Inc (HNDI) holds total assets worth $1.47 Million USD as of February 2017.
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.
Handeni Gold Inc - Total Assets Trend (2005–2016)
This chart illustrates how Handeni Gold Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Handeni Gold Inc - Asset Composition Analysis
Current Asset Composition (May 2016)
Handeni Gold Inc's total assets of $1.47 Million consist of 4.6% current assets and 95.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.5% |
| Accounts Receivable | $14.14K | 0.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $1.42 Million | 94.6% |
| Intangible Assets | $1.42 Million | 94.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2016)
This chart illustrates how Handeni Gold 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: Handeni Gold Inc's current assets represent 4.6% of total assets in 2016, a decrease from 99.6% in 2005.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2016, down from 99.6% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 94.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 94.6% of total assets.
Handeni Gold Inc Competitors by Total Assets
Key competitors of Handeni Gold Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Handeni Gold 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 - Handeni Gold 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 - Handeni Gold Inc is currently not profitable relative to its asset base.
Handeni Gold 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 | 0.09 | 0.23 | 10.23 |
| Quick Ratio | 0.08 | 0.23 | 10.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-478.64K | $ -388.47K | $ 1.52 Million |
Handeni Gold Inc - Advanced Valuation Insights
This section examines the relationship between Handeni Gold 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 | 9.65 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -16.4% |
| Total Assets | $1.50 Million |
| Market Capitalization | $241.01K USD |
Valuation Analysis
Below Book Valuation: The market values Handeni Gold Inc's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Handeni Gold Inc's assets decreased by 16.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Handeni Gold Inc (2005–2016)
The table below shows the annual total assets of Handeni Gold Inc from 2005 to 2016.
| Year | Total Assets | Change |
|---|---|---|
| 2016-05-31 | $1.50 Million | -16.39% |
| 2015-05-31 | $1.79 Million | -25.02% |
| 2014-05-31 | $2.39 Million | -19.97% |
| 2013-05-31 | $2.98 Million | -40.44% |
| 2012-05-31 | $5.01 Million | -63.68% |
| 2011-05-31 | $13.79 Million | +29377.09% |
| 2010-05-31 | $46.79K | -82.73% |
| 2009-05-31 | $270.94K | +24.25% |
| 2008-05-31 | $218.07K | +789.74% |
| 2007-05-31 | $24.51K | -93.05% |
| 2006-05-31 | $352.45K | +74.19% |
| 2005-05-31 | $202.33K | -- |