Nippon Dragon Resources Inc
G.E.T.T. Gold Inc. engages in the acquisition, exploration, and development of precious metal assets in Canada. The company holds an interest in the Courville Maruska project covering an area of 6.02 square kilometers located northeast of Val-d'Or. It also provides thermal fragmentation mining technology for the mining industry. The company was formerly known as Nippon Dragon Resources Inc. and c… Read more
Nippon Dragon Resources Inc (RCCMF) - Total Assets
Latest total assets as of June 2024: $1.12 Million USD
Based on the latest financial reports, Nippon Dragon Resources Inc (RCCMF) holds total assets worth $1.12 Million USD as of June 2024.
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.
Nippon Dragon Resources Inc - Total Assets Trend (2001–2023)
This chart illustrates how Nippon Dragon Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nippon Dragon Resources Inc - Asset Composition Analysis
Current Asset Composition (September 2023)
Nippon Dragon Resources Inc's total assets of $1.12 Million consist of 68.8% current assets and 31.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.0% |
| Accounts Receivable | $1.09 Million | 48.9% |
| Inventory | $-1.10 Million | -49.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $324.44K | 14.6% |
| Goodwill | $324.12K | 14.6% |
Asset Composition Trend (2001–2023)
This chart illustrates how Nippon Dragon Resources Inc'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: Nippon Dragon Resources Inc's current assets represent 68.8% of total assets in 2023, an increase from 19.4% in 2001.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2023, up from 3.3% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 28.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 48.9% of total assets.
Nippon Dragon Resources Inc Competitors by Total Assets
Key competitors of Nippon Dragon Resources Inc 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 |
Nippon Dragon Resources Inc - 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 - Nippon Dragon Resources Inc 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 - Nippon Dragon Resources Inc is currently not profitable relative to its asset base.
Nippon Dragon Resources Inc - 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 | 0.03 | 0.16 | 0.21 |
| Quick Ratio | 0.03 | 0.19 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-18.02 Million | $ -12.85 Million | $ -6.38 Million |
Nippon Dragon Resources Inc - Advanced Valuation Insights
This section examines the relationship between Nippon Dragon Resources Inc'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 | 0.29 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -84.0% |
| Total Assets | $2.22 Million |
| Market Capitalization | $213.72K USD |
Valuation Analysis
Below Book Valuation: The market values Nippon Dragon Resources Inc's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nippon Dragon Resources Inc's assets decreased by 84.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nippon Dragon Resources Inc (2001–2023)
The table below shows the annual total assets of Nippon Dragon Resources Inc from 2001 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $2.22 Million | -83.99% |
| 2022-09-30 | $13.86 Million | +662.86% |
| 2021-09-30 | $1.82 Million | -37.22% |
| 2020-09-30 | $2.89 Million | +28.95% |
| 2019-09-30 | $2.24 Million | +615.83% |
| 2018-09-30 | $313.58K | -96.66% |
| 2017-09-30 | $9.38 Million | -10.45% |
| 2016-09-30 | $10.47 Million | +10.29% |
| 2015-09-30 | $9.50 Million | -4.46% |
| 2014-09-30 | $9.94 Million | +1.14% |
| 2013-09-30 | $9.83 Million | -2.02% |
| 2012-09-30 | $10.03 Million | -8.86% |
| 2011-09-30 | $11.00 Million | -36.45% |
| 2010-09-30 | $17.31 Million | -29.24% |
| 2009-09-30 | $24.47 Million | +22.09% |
| 2008-09-30 | $20.04 Million | +6.21% |
| 2007-09-30 | $18.87 Million | +52.33% |
| 2006-09-30 | $12.39 Million | +97.27% |
| 2005-09-30 | $6.28 Million | +96.03% |
| 2004-09-30 | $3.20 Million | +60.57% |
| 2003-09-30 | $1.99 Million | +63.49% |
| 2002-09-30 | $1.22 Million | -5.98% |
| 2001-09-30 | $1.30 Million | -- |