Magnum Goldcorp Inc
Magnum Goldcorp Inc. engages in the acquisition, exploration, and development of mineral resource properties in Canada. It owns a 100% interest in the LH gold property, which consists of 19 contiguous crown granted claims and 7 mineral claims located to the south of the village of Silverton, British Columbia. The company was formerly known as Magnum Capital Corp. and changed its name to Magnum Go… Read more
Magnum Goldcorp Inc (MGIDF) - Total Assets
Latest total assets as of November 2025: $49.13K USD
Based on the latest financial reports, Magnum Goldcorp Inc (MGIDF) holds total assets worth $49.13K 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.
Magnum Goldcorp Inc - Total Assets Trend (2011–2025)
This chart illustrates how Magnum Goldcorp Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Magnum Goldcorp Inc - Asset Composition Analysis
Current Asset Composition (May 2025)
Magnum Goldcorp Inc's total assets of $49.13K consist of 83.9% current assets and 16.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 78.7% |
| Accounts Receivable | $5.71K | 3.0% |
| 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 (2011–2025)
This chart illustrates how Magnum Goldcorp 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: Magnum Goldcorp Inc's current assets represent 83.9% of total assets in 2025, a decrease from 86.8% in 2011.
- Cash Position: Cash and equivalents constituted 78.7% of total assets in 2025, down from 86.8% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 3.0% of total assets.
Magnum Goldcorp Inc Competitors by Total Assets
Key competitors of Magnum Goldcorp Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Magnum Goldcorp 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 - Magnum Goldcorp 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 - Magnum Goldcorp Inc is currently not profitable relative to its asset base.
Magnum Goldcorp 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 | 0.20 | 0.04 | 0.02 |
| Quick Ratio | 0.20 | 0.04 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-72.30K | $ -137.97K | $ -365.45K |
Magnum Goldcorp Inc - Advanced Valuation Insights
This section examines the relationship between Magnum Goldcorp 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 | 0.04 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | -94.7% |
| Total Assets | $191.06K |
| Market Capitalization | $49.56K USD |
Valuation Analysis
Below Book Valuation: The market values Magnum Goldcorp Inc's assets below their book value (0.26 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Magnum Goldcorp Inc's assets decreased by 94.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Magnum Goldcorp Inc (2011–2025)
The table below shows the annual total assets of Magnum Goldcorp Inc from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | $191.06K | -94.71% |
| 2024-05-31 | $3.61 Million | +0.28% |
| 2023-05-31 | $3.60 Million | -2.91% |
| 2022-05-31 | $3.71 Million | +19.77% |
| 2021-05-31 | $3.10 Million | +0.16% |
| 2020-05-31 | $3.09 Million | +3.02% |
| 2019-05-31 | $3.00 Million | +0.34% |
| 2018-05-31 | $2.99 Million | +9.26% |
| 2017-05-31 | $2.74 Million | +1.12% |
| 2016-05-31 | $2.71 Million | +485.95% |
| 2015-05-31 | $462.04K | -22.06% |
| 2014-05-31 | $592.84K | +158.00% |
| 2013-05-31 | $229.79K | -23.56% |
| 2012-05-31 | $300.62K | +140.50% |
| 2011-05-31 | $125.00K | -- |