MAS Gold Corp
MAS Gold Corp., an exploration stage company, engages in the exploration, evaluation, and development of mineral properties in Canada. It primarily explores for gold deposits. The company holds 100% interest in the Greywacke Lake property which consists of 16,078 hectares over 6 mineral claims, situated in the Trans-Hudson orogenic belt; and the Preview-North property that consists of 13 870.971 … Read more
MAS Gold Corp (MSGCF) - Total Assets
Latest total assets as of June 2024: $3.65 Million USD
Based on the latest financial reports, MAS Gold Corp (MSGCF) holds total assets worth $3.65 Million USD as of June 2024.
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.
MAS Gold Corp - Total Assets Trend (1998–2023)
This chart illustrates how MAS Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MAS Gold Corp - Asset Composition Analysis
Current Asset Composition (September 2023)
MAS Gold Corp's total assets of $3.65 Million consist of 19.6% current assets and 80.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 19.2% |
| Accounts Receivable | $8.66K | 0.2% |
| Inventory | $-8.66K | -0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1998–2023)
This chart illustrates how MAS Gold 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: MAS Gold Corp's current assets represent 19.6% of total assets in 2023, an increase from 16.0% in 1998.
- Cash Position: Cash and equivalents constituted 19.2% of total assets in 2023, up from 7.4% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
MAS Gold Corp Competitors by Total Assets
Key competitors of MAS Gold Corp 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 |
MAS Gold 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 - MAS Gold 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 - MAS Gold Corp is currently not profitable relative to its asset base.
MAS Gold 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 | 0.25 | 0.07 | 0.05 |
| Quick Ratio | 0.26 | 0.07 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-426.48K | $ -1.71 Million | $ -396.75K |
MAS Gold Corp - Advanced Valuation Insights
This section examines the relationship between MAS Gold 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 | 1.67 |
| Latest Market Cap to Assets Ratio | 0.48 |
| Asset Growth Rate (YoY) | -2.5% |
| Total Assets | $4.37 Million |
| Market Capitalization | $2.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values MAS Gold Corp's assets below their book value (0.48 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: MAS Gold Corp's assets decreased by 2.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for MAS Gold Corp (1998–2023)
The table below shows the annual total assets of MAS Gold Corp from 1998 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $4.37 Million | -2.46% |
| 2022-09-30 | $4.48 Million | +105.52% |
| 2021-09-30 | $2.18 Million | +142.04% |
| 2020-09-30 | $900.35K | +1.73% |
| 2019-09-30 | $885.05K | -19.83% |
| 2018-09-30 | $1.10 Million | +24.05% |
| 2017-09-30 | $889.89K | +2.24% |
| 2016-09-30 | $870.42K | -1.63% |
| 2015-09-30 | $884.81K | -27.23% |
| 2014-09-30 | $1.22 Million | -39.18% |
| 2013-09-30 | $2.00 Million | -35.86% |
| 2012-09-30 | $3.12 Million | +99.57% |
| 2011-09-30 | $1.56 Million | -12.16% |
| 2010-09-30 | $1.78 Million | -4.40% |
| 2009-09-30 | $1.86 Million | -54.52% |
| 2008-09-30 | $4.09 Million | +41.60% |
| 2007-09-30 | $2.89 Million | +68.24% |
| 2006-09-30 | $1.72 Million | +30.72% |
| 2005-09-30 | $1.31 Million | +6.85% |
| 2004-09-30 | $1.23 Million | +20.63% |
| 2003-09-30 | $1.02 Million | -25.25% |
| 2002-09-30 | $1.36 Million | +61.19% |
| 2001-09-30 | $845.55K | -32.39% |
| 2000-09-30 | $1.25 Million | -49.33% |
| 1999-09-30 | $2.47 Million | +769.91% |
| 1998-09-30 | $283.72K | -- |