MX Gold Corp
MX Gold Corp. does not have significant operations. Previously, the company was engaged in the mining business. The company was formerly known as Discovery Ventures Inc. and changed its name to MX Gold Corp. in June 2016. MX Gold Corp. was incorporated in 1999 and is headquartered in Winnipeg, Canada.
MX Gold Corp (MXLGF) - Total Assets
Latest total assets as of September 2025: $30.52K USD
Based on the latest financial reports, MX Gold Corp (MXLGF) holds total assets worth $30.52K USD as of September 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.
MX Gold Corp - Total Assets Trend (2008–2024)
This chart illustrates how MX Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MX Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
MX Gold Corp's total assets of $30.52K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 74.0% |
| Accounts Receivable | $2.05K | 4.1% |
| 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 (2008–2024)
This chart illustrates how MX 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: MX Gold Corp's current assets represent 100.0% of total assets in 2024, an increase from 45.6% in 2008.
- Cash Position: Cash and equivalents constituted 74.0% of total assets in 2024, up from 5.3% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 4.1% of total assets.
MX Gold Corp Competitors by Total Assets
Key competitors of MX Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MGT Capital Investments Inc
PINK:MGTI
|
USA | $36.00K |
|
XTRA Bitcoin Inc
PINK:CBTC
|
USA | $109.64K |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
MX 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 - MX 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 - MX Gold Corp is currently not profitable relative to its asset base.
MX 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 | 0.02 | 0.06 | 0.04 |
| Quick Ratio | 0.02 | 0.06 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.34 Million | $ -1.16 Million | $ -1.62 Million |
MX Gold Corp - Advanced Valuation Insights
This section examines the relationship between MX 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 | 0.43 |
| Latest Market Cap to Assets Ratio | 13.19 |
| Asset Growth Rate (YoY) | -75.7% |
| Total Assets | $50.11K |
| Market Capitalization | $661.22K USD |
Valuation Analysis
Premium Asset Valuation: The market values MX Gold Corp's assets at a significant premium ( 13.19x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: MX Gold Corp's assets decreased by 75.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for MX Gold Corp (2008–2024)
The table below shows the annual total assets of MX Gold Corp from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $50.11K | -75.66% |
| 2023-12-31 | $205.86K | -20.96% |
| 2022-12-31 | $260.44K | -4.82% |
| 2021-12-31 | $273.62K | +275.14% |
| 2020-12-31 | $72.94K | -27.86% |
| 2019-12-31 | $101.11K | -97.37% |
| 2018-12-31 | $3.85 Million | -80.01% |
| 2017-12-31 | $19.24 Million | +5.80% |
| 2016-12-31 | $18.18 Million | +42.54% |
| 2015-12-31 | $12.76 Million | +107.35% |
| 2014-12-31 | $6.15 Million | +58.26% |
| 2013-12-31 | $3.89 Million | +6.44% |
| 2012-12-31 | $3.65 Million | +226.81% |
| 2011-12-31 | $1.12 Million | -27.06% |
| 2010-12-31 | $1.53 Million | +81.52% |
| 2009-12-31 | $844.07K | +221.67% |
| 2008-12-31 | $262.40K | -- |