Northgold AB (NG) - Total Assets
Based on the latest financial reports, Northgold AB (NG) holds total assets worth Skr35.60 Million SEK (≈ $3.83 Million 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. See Northgold AB book value and equity for net asset value and shareholders' equity analysis.
Northgold AB - Total Assets Trend (2016–2024)
This chart illustrates how Northgold AB's total assets have evolved over time, based on quarterly financial data.
Northgold AB - Asset Composition Analysis
Current Asset Composition (December 2024)
Northgold AB's total assets of Skr35.60 Million consist of 5.2% current assets and 94.8% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 3.8% |
| Accounts Receivable | Skr0.00 | 0.0% |
| Inventory | Skr0.00 | 0.0% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr35.17 Million | 62.6% |
| Goodwill | Skr367.68K | 0.7% |
Asset Composition Trend (2016–2024)
This chart illustrates how Northgold AB'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. For live market cap, price, and company overview, see Northgold AB (NG) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Northgold AB's current assets represent 5.2% of total assets in 2024, a decrease from 45.3% in 2016.
- Cash Position: Cash and equivalents constituted 3.8% of total assets in 2024, up from 0.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 62.0% of total assets, an increase from 53.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 62.6% of total assets.
Northgold AB Competitors by Total Assets
Key competitors of Northgold AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$51.48 Billion |
|
New Gold Inc
TO:NGD
|
Canada | CA$2.37 Billion |
|
Franco-Nevada Corporation
TO:FNV
|
Canada | CA$8.23 Billion |
|
Kinross Gold Corp
TO:K
|
Canada | CA$12.12 Billion |
|
Pan American Silver Corp
TO:PAAS
|
Canada | CA$9.72 Billion |
|
Alamos Gold Inc
TO:AGI
|
Canada | CA$5.98 Billion |
|
Harmony Gold Mining Company Limited
F:HAM
|
Germany | €68.90 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$2.88 Billion |
Northgold AB - 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 | 0.88 | 0.54 | 1.09 |
| Quick Ratio | 0.88 | 0.54 | 1.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr-172.00K | Skr-1.28 Million | Skr6.50 Million |
Northgold AB - Advanced Valuation Insights
This section examines the relationship between Northgold AB'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 | 0.37 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -2.1% |
| Total Assets | Skr56.21 Million |
| Market Capitalization | $1.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values Northgold AB's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Northgold AB's assets decreased by 2.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Northgold AB (2016–2024)
The table below shows the annual total assets of Northgold AB from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr56.21 Million ≈ $6.05 Million |
-2.08% |
| 2023-12-31 | Skr57.40 Million ≈ $6.18 Million |
+52.17% |
| 2022-12-31 | Skr37.72 Million ≈ $4.06 Million |
+181.88% |
| 2021-12-31 | Skr13.38 Million ≈ $1.44 Million |
+26076.25% |
| 2020-12-31 | Skr51.12K ≈ $5.50K |
-99.98% |
| 2019-12-31 | Skr326.05 Million ≈ $35.09 Million |
-1.20% |
| 2018-12-31 | Skr330.01 Million ≈ $35.51 Million |
-2.84% |
| 2017-12-31 | Skr339.64 Million ≈ $36.55 Million |
+27.94% |
| 2016-12-31 | Skr265.48 Million ≈ $28.57 Million |
-- |
About Northgold AB
Northgold AB (publ) operates as a gold exploration and development company in Sweden. Its flagship project is the Kopsa gold and copper project located in the Middle Ostrobothnia Gold Belt of Central Finland. The company also holds interest in the Kiimala trend and Hirsikangas project located in the Middle Ostrobothnia Gold Belt of Central Finland. Northgold AB (publ) was incorporated in 2020 and… Read more