Tonogold Resources Inc
Tonogold Resources, Inc. engages in maintaining leases on gold mining related properties in Nevada. The company explores gold and silver deposits. It holds interest in the Comstock project located in the Storey County, Nevada. The company was formerly known as Alliance Trophy Club, Inc. and changed its name to Tonogold Resources, Inc. in 2004. Tonogold Resources, Inc. is based in Woodland Hills, … Read more
Tonogold Resources Inc (TNGL) - Total Assets
Latest total assets as of March 2025: $858.27K USD
Based on the latest financial reports, Tonogold Resources Inc (TNGL) holds total assets worth $858.27K USD as of March 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.
Tonogold Resources Inc - Total Assets Trend (2011–2024)
This chart illustrates how Tonogold Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tonogold Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Tonogold Resources Inc's total assets of $858.27K consist of 4.5% current assets and 95.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.5% |
| 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 (2011–2024)
This chart illustrates how Tonogold 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: Tonogold Resources Inc's current assets represent 4.5% of total assets in 2024, a decrease from 88.8% in 2011.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2024, up from 2.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Tonogold Resources Inc Competitors by Total Assets
Key competitors of Tonogold 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 |
Tonogold 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 - Tonogold 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 - Tonogold Resources Inc is currently not profitable relative to its asset base.
Tonogold 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 | 0.00 | 0.01 | 0.16 |
| Quick Ratio | 0.00 | 0.01 | 0.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-11.00 Million | $ -26.27 Million | $ -16.86K |
Tonogold Resources Inc - Advanced Valuation Insights
This section examines the relationship between Tonogold 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 | - |
| Latest Market Cap to Assets Ratio | 2.95 |
| Asset Growth Rate (YoY) | 23.6% |
| Total Assets | $876.77K |
| Market Capitalization | $2.59 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Tonogold Resources Inc's assets at a significant premium ( 2.95x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Tonogold Resources Inc's assets grew by 23.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tonogold Resources Inc (2011–2024)
The table below shows the annual total assets of Tonogold Resources Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $876.77K | +23.58% |
| 2023-12-31 | $709.50K | +0.15% |
| 2022-12-31 | $708.47K | -98.02% |
| 2021-12-31 | $35.86 Million | +6.83% |
| 2020-12-31 | $33.56 Million | +37.28% |
| 2019-12-31 | $24.45 Million | +486.43% |
| 2018-12-31 | $4.17 Million | +237.15% |
| 2017-12-31 | $1.24 Million | +673.56% |
| 2016-12-31 | $159.85K | +1935.28% |
| 2015-12-31 | $7.85K | +3358.39% |
| 2014-12-31 | $227.10 | +1281.39% |
| 2013-12-31 | $16.44 | -80.62% |
| 2012-12-31 | $84.83 | -99.98% |
| 2011-12-31 | $501.65K | -- |