Theta Gold Mines Limited
Theta Gold Mines Limited engages in the gold exploration and development business in South Africa. The company's flagship project is the TGME Gold Mine project located in South Africa. The company was formerly known as Stonewall Resources Limited and changed its name to Theta Gold Mines Limited in December 2018. Theta Gold Mines Limited was incorporated in 2008 and is based in Sydney, Australia.
Theta Gold Mines Limited (TGMGF) - Total Assets
Latest total assets as of June 2025: $29.31 Million USD
Based on the latest financial reports, Theta Gold Mines Limited (TGMGF) holds total assets worth $29.31 Million USD as of June 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.
Theta Gold Mines Limited - Total Assets Trend (2010–2025)
This chart illustrates how Theta Gold Mines Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Theta Gold Mines Limited - Asset Composition Analysis
Current Asset Composition (June 2025)
Theta Gold Mines Limited's total assets of $29.31 Million consist of 20.0% current assets and 80.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 19.2% |
| 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 (2010–2025)
This chart illustrates how Theta Gold Mines Limited'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: Theta Gold Mines Limited's current assets represent 20.0% of total assets in 2025, a decrease from 82.6% in 2010.
- Cash Position: Cash and equivalents constituted 19.2% of total assets in 2025, down from 80.6% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Theta Gold Mines Limited Competitors by Total Assets
Key competitors of Theta Gold Mines Limited 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 |
Theta Gold Mines Limited - 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 - Theta Gold Mines Limited 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 - Theta Gold Mines Limited is currently not profitable relative to its asset base.
Theta Gold Mines Limited - 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 | 0.35 | 0.14 | 0.04 |
| Quick Ratio | 0.35 | 0.17 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-10.88 Million | $ -20.47 Million | $ -11.34 Million |
Theta Gold Mines Limited - Advanced Valuation Insights
This section examines the relationship between Theta Gold Mines Limited'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 | 27.06 |
| Latest Market Cap to Assets Ratio | 0.70 |
| Asset Growth Rate (YoY) | 23.1% |
| Total Assets | $29.31 Million |
| Market Capitalization | $20.65 Million USD |
Valuation Analysis
Below Book Valuation: The market values Theta Gold Mines Limited's assets below their book value (0.70 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Theta Gold Mines Limited's assets grew by 23.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Theta Gold Mines Limited (2010–2025)
The table below shows the annual total assets of Theta Gold Mines Limited from 2010 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $29.31 Million | +23.14% |
| 2024-06-30 | $23.80 Million | +21.43% |
| 2023-06-30 | $19.60 Million | -1.26% |
| 2022-06-30 | $19.85 Million | +2.49% |
| 2021-06-30 | $19.37 Million | +39.52% |
| 2020-06-30 | $13.88 Million | -7.60% |
| 2019-06-30 | $15.03 Million | +11.58% |
| 2018-06-30 | $13.47 Million | -4.27% |
| 2017-06-30 | $14.07 Million | +23.48% |
| 2016-06-30 | $11.39 Million | -21.70% |
| 2015-06-30 | $14.55 Million | -37.22% |
| 2014-06-30 | $23.17 Million | +3.06% |
| 2013-06-30 | $22.49 Million | +887.50% |
| 2012-06-30 | $2.28 Million | -41.11% |
| 2011-06-30 | $3.87 Million | -33.04% |
| 2010-06-30 | $5.77 Million | -- |