Relevant Gold Corp
Relevant Gold Corp. focuses on the discovery, acquisition, exploration, and development of mineral properties in the United States. It explores for gold, silver, copper, zinc, and other precious and base metals. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.
Relevant Gold Corp (RGCCF) - Total Assets
Latest total assets as of September 2025: $4.31 Million USD
Based on the latest financial reports, Relevant Gold Corp (RGCCF) holds total assets worth $4.31 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.
Relevant Gold Corp - Total Assets Trend (2020–2024)
This chart illustrates how Relevant Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Relevant Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Relevant Gold Corp's total assets of $4.31 Million consist of 57.4% current assets and 42.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 39.5% |
| Accounts Receivable | $9.59K | 1.9% |
| 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 (2020–2024)
This chart illustrates how Relevant 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: Relevant Gold Corp's current assets represent 57.4% of total assets in 2024, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 39.5% of total assets in 2024, down from 100.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 1.9% of total assets.
Relevant Gold Corp Competitors by Total Assets
Key competitors of Relevant 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 |
Relevant 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 - Relevant 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 - Relevant Gold Corp is currently not profitable relative to its asset base.
Relevant 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 | 3.56 | 2.64 | 2.79 |
| Quick Ratio | 3.56 | 2.64 | 2.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.77 Million | $ 762.22K | $ 570.57K |
Relevant Gold Corp - Advanced Valuation Insights
This section examines the relationship between Relevant 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 | 16.75 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -59.9% |
| Total Assets | $499.27K |
| Market Capitalization | $2.62K USD |
Valuation Analysis
Below Book Valuation: The market values Relevant Gold Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Relevant Gold Corp's assets decreased by 59.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Relevant Gold Corp (2020–2024)
The table below shows the annual total assets of Relevant Gold Corp from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $499.27K | -59.95% |
| 2023-12-31 | $1.25 Million | -7.57% |
| 2022-12-31 | $1.35 Million | +51.65% |
| 2021-12-31 | $889.34K | -0.41% |
| 2020-12-31 | $892.97K | -- |