Newfoundland Discovery Corp
Newfoundland Discovery Corp., a junior exploration company, engages in the evaluation, exploration, and development of mineral properties in Canada. The company primarily explores for gold and lithium deposits. Its flagship project is Sugaree Lithium Project that consists of 340 claims comprising 2,376 hectares located to the Quetico Subprovince, Ontario. The company was formerly known as Great T… Read more
Newfoundland Discovery Corp (NEWDF) - Total Assets
Latest total assets as of October 2025: $50.62K USD
Based on the latest financial reports, Newfoundland Discovery Corp (NEWDF) holds total assets worth $50.62K USD as of October 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.
Newfoundland Discovery Corp - Total Assets Trend (2002–2025)
This chart illustrates how Newfoundland Discovery Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Newfoundland Discovery Corp - Asset Composition Analysis
Current Asset Composition (April 2025)
Newfoundland Discovery Corp's total assets of $50.62K consist of 72.8% current assets and 27.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 54.1% |
| Accounts Receivable | $3.65K | 7.7% |
| 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 (2002–2025)
This chart illustrates how Newfoundland Discovery 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: Newfoundland Discovery Corp's current assets represent 72.8% of total assets in 2025, an increase from 24.4% in 2002.
- Cash Position: Cash and equivalents constituted 54.1% of total assets in 2025, up from 7.0% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 7.7% of total assets.
Newfoundland Discovery Corp Competitors by Total Assets
Key competitors of Newfoundland Discovery Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Newfoundland Discovery 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 - Newfoundland Discovery 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 - Newfoundland Discovery Corp is currently not profitable relative to its asset base.
Newfoundland Discovery 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 | 0.06 | 0.27 | 6.07 |
| Quick Ratio | 0.06 | 0.27 | 5.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-599.41K | $ -223.73K | $ 4.42 Million |
Newfoundland Discovery Corp - Advanced Valuation Insights
This section examines the relationship between Newfoundland Discovery 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 | 4.52 |
| Latest Market Cap to Assets Ratio | 9.03 |
| Asset Growth Rate (YoY) | -95.6% |
| Total Assets | $47.73K |
| Market Capitalization | $431.10K USD |
Valuation Analysis
Premium Asset Valuation: The market values Newfoundland Discovery Corp's assets at a significant premium ( 9.03x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Newfoundland Discovery Corp's assets decreased by 95.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Newfoundland Discovery Corp (2002–2025)
The table below shows the annual total assets of Newfoundland Discovery Corp from 2002 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-04-30 | $47.73K | -95.60% |
| 2024-04-30 | $1.08 Million | -92.31% |
| 2023-04-30 | $14.10 Million | +15.05% |
| 2022-04-30 | $12.26 Million | +26.30% |
| 2021-04-30 | $9.71 Million | +129.97% |
| 2020-04-30 | $4.22 Million | +94.20% |
| 2019-04-30 | $2.17 Million | -4.21% |
| 2018-04-30 | $2.27 Million | -21.46% |
| 2017-04-30 | $2.89 Million | +96.05% |
| 2016-04-30 | $1.47 Million | +5.01% |
| 2015-04-30 | $1.40 Million | -3.08% |
| 2014-04-30 | $1.45 Million | -0.82% |
| 2013-04-30 | $1.46 Million | -30.67% |
| 2012-04-30 | $2.11 Million | +18.77% |
| 2011-04-30 | $1.77 Million | +21.44% |
| 2010-04-30 | $1.46 Million | -21.06% |
| 2009-04-30 | $1.85 Million | -14.17% |
| 2008-04-30 | $2.15 Million | -2.81% |
| 2007-04-30 | $2.22 Million | +2.07% |
| 2006-04-30 | $2.17 Million | +207.59% |
| 2005-04-30 | $705.98K | -15.70% |
| 2004-04-30 | $837.46K | +267.80% |
| 2003-04-30 | $227.69K | +104.46% |
| 2002-04-30 | $111.36K | -- |