South Atlantic Gold Inc

PINK:JLRRF USA Other Industrial Metals & Mining
Market Cap
$3.28 Million
Market Cap Rank
#37992 Global
#12372 in USA
Share Price
$0.03
Change (1 day)
+0.00%
52-Week Range
$0.03 - $0.03
All Time High
$0.13
About

South Atlantic Gold Inc. engages in the acquisition, exploration, and development of mineral properties in Brazil. The company primarily explores for gold deposits. It holds interest in the Pedra Branca project located in Ceara State, North-eastern Brazil. The company was formerly known as Jiulian Resources Inc. and changed its name to South Atlantic Gold Inc. in November 2020. South Atlantic Gol… Read more

South Atlantic Gold Inc (JLRRF) - Total Assets

Latest total assets as of November 2025: $3.78 Million USD

Based on the latest financial reports, South Atlantic Gold Inc (JLRRF) holds total assets worth $3.78 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.

South Atlantic Gold Inc - Total Assets Trend (2007–2025)

This chart illustrates how South Atlantic Gold Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

South Atlantic Gold Inc - Asset Composition Analysis

Current Asset Composition (February 2025)

South Atlantic Gold Inc's total assets of $3.78 Million consist of 7.2% current assets and 92.8% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 6.2%
Accounts Receivable $20.03K 0.6%
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 (2007–2025)

This chart illustrates how South Atlantic 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: South Atlantic Gold Inc's current assets represent 7.2% of total assets in 2025, a decrease from 100.0% in 2007.
  • Cash Position: Cash and equivalents constituted 6.2% of total assets in 2025, down from 29.0% in 2007.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
  • Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.

South Atlantic Gold Inc Competitors by Total Assets

Key competitors of South Atlantic Gold Inc based on total assets are shown below.

South Atlantic 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

Historical Range: 0.00 - 0.00

Lower asset utilization - South Atlantic 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

Historical Range: -31.13% - -5.77%

Negative ROA - South Atlantic Gold Inc is currently not profitable relative to its asset base.

South Atlantic 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 0.38 2.04 2.32
Quick Ratio 0.38 2.04 2.35
Cash Ratio 0.00 0.00 0.00
Working Capital $-378.06K $ 143.93K $ 642.03K

South Atlantic Gold Inc - Advanced Valuation Insights

This section examines the relationship between South Atlantic 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 1.46
Latest Market Cap to Assets Ratio 0.11
Asset Growth Rate (YoY) -11.8%
Total Assets $3.61 Million
Market Capitalization $384.14K USD

Valuation Analysis

Below Book Valuation: The market values South Atlantic Gold Inc's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: South Atlantic Gold Inc's assets decreased by 11.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for South Atlantic Gold Inc (2007–2025)

The table below shows the annual total assets of South Atlantic Gold Inc from 2007 to 2025.

Year Total Assets Change
2025-02-28 $3.61 Million -11.75%
2024-02-29 $4.10 Million -27.83%
2023-02-28 $5.67 Million +53.30%
2022-02-28 $3.70 Million +38.39%
2021-02-28 $2.67 Million +148.93%
2020-02-29 $1.07 Million -42.98%
2019-02-28 $1.88 Million +407.69%
2018-02-28 $371.18K -13.48%
2017-02-28 $429.03K -12.18%
2016-02-29 $488.53K -13.50%
2015-02-28 $564.78K -50.23%
2014-02-28 $1.13 Million -7.59%
2013-02-28 $1.23 Million -8.58%
2012-02-29 $1.34 Million +0.74%
2011-02-28 $1.33 Million -21.57%
2010-02-28 $1.70 Million -5.41%
2009-02-28 $1.80 Million -5.53%
2008-02-29 $1.90 Million +1246.45%
2007-02-28 $141.29K --