NewOrigin Gold Corp
NewOrigin Gold Corp. engages in the acquisition and exploration of mineral properties in the Canadian Shield, Canada. It explores for gold, nickel, copper, silver, lead, zinc, diamond, and cobalt deposits. The company holds 100% interests in the Sky Lake gold project, which comprises of 446 single cell mining claims covering an area of approximately 87.6 square kilometers and 29 patented mining c… Read more
NewOrigin Gold Corp (TROIF) - Total Assets
Latest total assets as of March 2024: $94.47K USD
Based on the latest financial reports, NewOrigin Gold Corp (TROIF) holds total assets worth $94.47K USD as of March 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.
NewOrigin Gold Corp - Total Assets Trend (1996–2023)
This chart illustrates how NewOrigin Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NewOrigin Gold Corp - Asset Composition Analysis
Current Asset Composition (June 2023)
NewOrigin Gold Corp's total assets of $94.47K consist of 97.2% current assets and 2.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 21.2% |
| Accounts Receivable | $3.44K | 4.7% |
| Inventory | $-0.27 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2023)
This chart illustrates how NewOrigin 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: NewOrigin Gold Corp's current assets represent 97.2% of total assets in 2023, an increase from 23.1% in 1996.
- Cash Position: Cash and equivalents constituted 21.2% of total assets in 2023, down from 23.1% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 4.7% of total assets.
NewOrigin Gold Corp Competitors by Total Assets
Key competitors of NewOrigin 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 |
NewOrigin 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 - NewOrigin 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 - NewOrigin Gold Corp is currently not profitable relative to its asset base.
NewOrigin 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 | 0.28 | 0.13 | 0.05 |
| Quick Ratio | 0.30 | 0.13 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-236.86K | $ -157.16K | $ -323.75K |
NewOrigin Gold Corp - Advanced Valuation Insights
This section examines the relationship between NewOrigin 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 | 10.70 |
| Latest Market Cap to Assets Ratio | 4.69 |
| Asset Growth Rate (YoY) | -62.7% |
| Total Assets | $72.96K |
| Market Capitalization | $342.39K USD |
Valuation Analysis
Premium Asset Valuation: The market values NewOrigin Gold Corp's assets at a significant premium ( 4.69x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: NewOrigin Gold Corp's assets decreased by 62.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NewOrigin Gold Corp (1996–2023)
The table below shows the annual total assets of NewOrigin Gold Corp from 1996 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | $72.96K | -62.69% |
| 2022-06-30 | $195.53K | -87.12% |
| 2021-06-30 | $1.52 Million | -26.15% |
| 2020-06-30 | $2.06 Million | +5.09% |
| 2019-06-30 | $1.96 Million | -18.09% |
| 2018-06-30 | $2.39 Million | +13.18% |
| 2017-06-30 | $2.11 Million | -55.47% |
| 2016-06-30 | $4.74 Million | -18.61% |
| 2015-06-30 | $5.82 Million | +0.28% |
| 2014-06-30 | $5.81 Million | -3.66% |
| 2013-06-30 | $6.03 Million | -37.19% |
| 2012-06-30 | $9.60 Million | -8.69% |
| 2011-06-30 | $10.51 Million | +131.89% |
| 2010-06-30 | $4.53 Million | -15.84% |
| 2009-06-30 | $5.39 Million | -56.93% |
| 2008-06-30 | $12.50 Million | -4.25% |
| 2007-06-30 | $13.06 Million | +28.14% |
| 2006-06-30 | $10.19 Million | -0.16% |
| 2005-06-30 | $10.21 Million | -4.27% |
| 2004-06-30 | $10.66 Million | +9.48% |
| 2003-06-30 | $9.74 Million | -2.24% |
| 2002-06-30 | $9.96 Million | +0.86% |
| 2001-06-30 | $9.88 Million | -6.63% |
| 2000-06-30 | $10.58 Million | -2.94% |
| 1999-06-30 | $10.90 Million | -5.22% |
| 1998-06-30 | $11.50 Million | -0.86% |
| 1997-06-30 | $11.60 Million | +27.47% |
| 1996-06-30 | $9.10 Million | -- |