Patriot Gold Corp
Patriot Gold Corp., together with its subsidiaries, acquires, explores, and develops natural resource properties in the United States. It explores for gold and silver deposits. The company holds interests in the Vernal property that consists of 12 unpatented mining claims covering an area of approximately 248 acres located in Central Nevada; and the Windy Peak property, which includes 114 unpaten… Read more
Patriot Gold Corp (PGOL) - Total Assets
Latest total assets as of September 2025: $162.22K USD
Based on the latest financial reports, Patriot Gold Corp (PGOL) holds total assets worth $162.22K 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.
Patriot Gold Corp - Total Assets Trend (2005–2024)
This chart illustrates how Patriot Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Patriot Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Patriot Gold Corp's total assets of $162.22K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 75.6% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2005–2024)
This chart illustrates how Patriot 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: Patriot Gold Corp's current assets represent 100.0% of total assets in 2024, an increase from 99.0% in 2005.
- Cash Position: Cash and equivalents constituted 75.6% of total assets in 2024, down from 99.0% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Patriot Gold Corp Competitors by Total Assets
Key competitors of Patriot 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 |
Patriot 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
Moderate asset utilization - Patriot Gold Corp generates 0.68x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Patriot Gold Corp is currently not profitable relative to its asset base.
Patriot 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 | 0.10 | 3.27 | 10.83 |
| Quick Ratio | 0.10 | 3.27 | 10.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.44 Million | $ 648.62K | $ 2.29 Million |
Patriot Gold Corp - Advanced Valuation Insights
This section examines the relationship between Patriot 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 | 1.84 |
| Latest Market Cap to Assets Ratio | 2.77 |
| Asset Growth Rate (YoY) | -84.0% |
| Total Assets | $531.03K |
| Market Capitalization | $1.47 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Patriot Gold Corp's assets at a significant premium ( 2.77x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Patriot Gold Corp's assets decreased by 84.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Patriot Gold Corp (2005–2024)
The table below shows the annual total assets of Patriot Gold Corp from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $531.03K | -83.97% |
| 2023-12-31 | $3.31 Million | -21.35% |
| 2022-12-31 | $4.21 Million | +11.23% |
| 2021-12-31 | $3.79 Million | +2.59% |
| 2020-12-31 | $3.69 Million | +179.14% |
| 2019-12-31 | $1.32 Million | +84.11% |
| 2018-12-31 | $718.39K | -49.36% |
| 2017-12-31 | $1.42 Million | +44.44% |
| 2016-12-31 | $982.10K | +473.70% |
| 2015-12-31 | $171.19K | -75.53% |
| 2014-12-31 | $699.44K | +712.51% |
| 2013-12-31 | $86.08K | -62.01% |
| 2012-12-31 | $226.60K | -66.67% |
| 2011-12-31 | $679.95K | +8.68% |
| 2010-12-31 | $625.66K | -48.29% |
| 2009-12-31 | $1.21 Million | -43.64% |
| 2008-12-31 | $2.15 Million | -29.20% |
| 2007-12-31 | $3.03 Million | -8.12% |
| 2006-12-31 | $3.30 Million | -100.00% |
| 2005-12-31 | $3.58 Trillion | -- |