Onyx Gold Corp.
Onyx Gold Corp. engages in gold exploration activities in Canada. It holds interest in the Munro-Croesus Gold project, Golden Mile, Timmins South, and Yukon properties located in Timmins, Ontario; and the Selwyn Basin in the eastern Yukon. Onyx Gold Corp. was incorporated in 2023 and is based in Vancouver, Canada.
Onyx Gold Corp. (ONXGF) - Total Assets
Latest total assets as of September 2025: $41.75 Million USD
Based on the latest financial reports, Onyx Gold Corp. (ONXGF) holds total assets worth $41.75 Million 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.
Onyx Gold Corp. - Total Assets Trend (2023–2025)
This chart illustrates how Onyx Gold Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Onyx Gold Corp. - Asset Composition Analysis
Current Asset Composition (March 2025)
Onyx Gold Corp.'s total assets of $41.75 Million consist of 1.6% current assets and 98.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $58.47K | 0.2% |
| 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 (2023–2025)
This chart illustrates how Onyx 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: Onyx Gold Corp.'s current assets represent 1.6% of total assets in 2025, a decrease from 100.0% in 2023.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2025, down from 100.0% in 2023.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2023.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Onyx Gold Corp. Competitors by Total Assets
Key competitors of Onyx Gold 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 |
Onyx 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 - Onyx 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 - Onyx Gold Corp. is currently not profitable relative to its asset base.
Onyx 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 | 5.15 | 4.07 | 7.58 |
| Quick Ratio | 5.15 | 4.07 | 7.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.41 Million | $ 1.32 Million | $ 2.75 Million |
Onyx Gold Corp. - Advanced Valuation Insights
This section examines the relationship between Onyx 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 | 3.92 |
| Latest Market Cap to Assets Ratio | 0.72 |
| Asset Growth Rate (YoY) | -1.8% |
| Total Assets | $25.51 Million |
| Market Capitalization | $18.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Onyx Gold Corp.'s assets below their book value (0.72 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Onyx Gold Corp.'s assets decreased by 1.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Onyx Gold Corp. (2023–2025)
The table below shows the annual total assets of Onyx Gold Corp. from 2023 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $25.51 Million | -1.77% |
| 2024-03-31 | $25.97 Million | +2596835600.00% |
| 2023-03-31 | $1.00 | -- |