Sage Gold Inc
Sage Gold Inc. engages in the acquisition, exploration, development, and production of mineral properties in Canada. It explores for gold, copper, silver, zinc, and lead deposits. Its primary properties include the Clavos gold project located in the Timmins mining district in Northeastern Ontario; and the Onaman property comprising the Lynx project and the Headway project located in the Beardmore… Read more
Sage Gold Inc (SGGDF) - Total Assets
Latest total assets as of March 2018: $4.09 Million USD
Based on the latest financial reports, Sage Gold Inc (SGGDF) holds total assets worth $4.09 Million USD as of March 2018.
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.
Sage Gold Inc - Total Assets Trend (2003–2017)
This chart illustrates how Sage Gold Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sage Gold Inc - Asset Composition Analysis
Current Asset Composition (December 2017)
Sage Gold Inc's total assets of $4.09 Million consist of 24.3% current assets and 75.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.3% |
| Accounts Receivable | $439.38K | 14.1% |
| Inventory | $214.22K | 6.9% |
| Property, Plant & Equipment | $3.48 Million | 111.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2017)
This chart illustrates how Sage Gold 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: Sage Gold Inc's current assets represent 24.3% of total assets in 2017, a decrease from 73.7% in 2003.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2017, down from 64.6% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is property, plant & equipment at 111.5% of total assets.
Sage Gold Inc Competitors by Total Assets
Key competitors of Sage Gold 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 |
Sage Gold 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 - Sage Gold 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 - Sage Gold Inc is currently not profitable relative to its asset base.
Sage Gold 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 | 0.05 | 0.71 | 0.14 |
| Quick Ratio | 0.02 | 0.71 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-20.84 Million | $ -1.20 Million | $ -1.52 Million |
Sage Gold Inc - Advanced Valuation Insights
This section examines the relationship between Sage Gold 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 | 23.07 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -41.6% |
| Total Assets | $3.12 Million |
| Market Capitalization | $10.54K USD |
Valuation Analysis
Below Book Valuation: The market values Sage Gold Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Sage Gold Inc's assets decreased by 41.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sage Gold Inc (2003–2017)
The table below shows the annual total assets of Sage Gold Inc from 2003 to 2017.
| Year | Total Assets | Change |
|---|---|---|
| 2017-12-31 | $3.12 Million | -41.58% |
| 2016-12-31 | $5.34 Million | +668.08% |
| 2015-12-31 | $695.64K | -41.25% |
| 2014-12-31 | $1.18 Million | -11.63% |
| 2013-12-31 | $1.34 Million | -20.00% |
| 2012-12-31 | $1.67 Million | -3.06% |
| 2011-12-31 | $1.73 Million | -90.87% |
| 2010-12-31 | $18.92 Million | +3.68% |
| 2009-12-31 | $18.25 Million | -2.64% |
| 2008-12-31 | $18.74 Million | +140.31% |
| 2007-12-31 | $7.80 Million | +59.32% |
| 2006-12-31 | $4.89 Million | +169.49% |
| 2005-12-31 | $1.82 Million | +42.28% |
| 2004-12-31 | $1.28 Million | +2140.98% |
| 2003-12-31 | $56.97K | -- |