GoldON Resources Ltd
Gold Finder Resources Ltd., an exploration stage company, engages in the exploration of mineral properties in Canada. The company primarily explores for gold and silver deposits. It holds interests in the West Madsen project located in the Red Lake Gold Camp; and the Slate Falls project located near Meen-Dempster Greenstone Belt within the Uchi Subprovince. The company also holds interest in the … Read more
GoldON Resources Ltd (NCMBF) - Total Assets
Latest total assets as of March 2025: $1.03 Million USD
Based on the latest financial reports, GoldON Resources Ltd (NCMBF) holds total assets worth $1.03 Million USD as of March 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.
GoldON Resources Ltd - Total Assets Trend (1997–2024)
This chart illustrates how GoldON Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GoldON Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
GoldON Resources Ltd's total assets of $1.03 Million consist of 86.3% current assets and 13.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 75.6% |
| Accounts Receivable | $7.31K | 2.3% |
| 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 (1997–2024)
This chart illustrates how GoldON Resources Ltd'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: GoldON Resources Ltd's current assets represent 86.3% of total assets in 2024, an increase from 9.3% in 1997.
- Cash Position: Cash and equivalents constituted 75.6% of total assets in 2024, up from 7.9% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 2.3% of total assets.
GoldON Resources Ltd Competitors by Total Assets
Key competitors of GoldON Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
GoldON Resources Ltd - 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 - GoldON Resources Ltd 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 - GoldON Resources Ltd is currently not profitable relative to its asset base.
GoldON Resources Ltd - 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 | 8.32 | 0.17 | 3.34 |
| Quick Ratio | 8.32 | 0.17 | 3.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $464.66K | $ -176.75K | $ 707.90K |
GoldON Resources Ltd - Advanced Valuation Insights
This section examines the relationship between GoldON Resources Ltd'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 | 3.61 |
| Latest Market Cap to Assets Ratio | 2.84 |
| Asset Growth Rate (YoY) | -59.5% |
| Total Assets | $323.13K |
| Market Capitalization | $916.20K USD |
Valuation Analysis
Premium Asset Valuation: The market values GoldON Resources Ltd's assets at a significant premium ( 2.84x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: GoldON Resources Ltd's assets decreased by 59.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for GoldON Resources Ltd (1997–2024)
The table below shows the annual total assets of GoldON Resources Ltd from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $323.13K | -59.46% |
| 2023-06-30 | $797.01K | -83.57% |
| 2022-06-30 | $4.85 Million | -17.90% |
| 2021-06-30 | $5.91 Million | +92.20% |
| 2020-06-30 | $3.07 Million | +148.75% |
| 2019-06-30 | $1.24 Million | +418.87% |
| 2018-06-30 | $238.20K | -44.02% |
| 2017-06-30 | $425.51K | -50.71% |
| 2016-06-30 | $863.35K | -43.71% |
| 2015-06-30 | $1.53 Million | -7.90% |
| 2014-06-30 | $1.67 Million | -46.63% |
| 2013-06-30 | $3.12 Million | -17.09% |
| 2012-06-30 | $3.76 Million | +21.03% |
| 2011-06-30 | $3.11 Million | +31.16% |
| 2010-06-30 | $2.37 Million | +59.18% |
| 2009-06-30 | $1.49 Million | -4.76% |
| 2008-06-30 | $1.56 Million | +55.66% |
| 2007-06-30 | $1.00 Million | +12.43% |
| 2006-06-30 | $893.62K | +211.65% |
| 2005-06-30 | $286.74K | -21.05% |
| 2004-06-30 | $363.17K | +89.59% |
| 2003-06-30 | $191.56K | +61.50% |
| 2002-06-30 | $118.61K | +163.00% |
| 2001-06-30 | $45.10K | -97.23% |
| 2000-06-30 | $1.63 Million | +0.69% |
| 1999-06-30 | $1.62 Million | -3.44% |
| 1998-06-30 | $1.67 Million | -3.35% |
| 1997-06-30 | $1.73 Million | -- |