G2 Goldfields Inc. (GTWO) - Total Assets
Based on the latest financial reports, G2 Goldfields Inc. (GTWO) holds total assets worth CA$151.17 Million CAD (≈ $109.35 Million USD) as of February 2026. 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. Check total reinvestment intensity of G2 Goldfields Inc. to assess the company's total reinvestment commitment from operating cash flow.
G2 Goldfields Inc. - Total Assets Trend (2015–2024)
This chart illustrates how G2 Goldfields Inc.'s total assets have evolved over time, based on quarterly financial data. Check GTWO operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
G2 Goldfields Inc. - Asset Composition Analysis
Current Asset Composition (November 2024)
G2 Goldfields Inc.'s total assets of CA$151.17 Million consist of 23.8% current assets and 76.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 23.0% |
| Accounts Receivable | CA$235.05K | 0.2% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$79.89 Million | 76.2% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how G2 Goldfields 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. For live market cap, price, and company overview, see G2 Goldfields Inc. market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: G2 Goldfields Inc.'s current assets represent 23.8% of total assets in 2024, a decrease from 98.5% in 2015.
- Cash Position: Cash and equivalents constituted 23.0% of total assets in 2024, down from 68.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is property, plant & equipment at 76.2% of total assets.
G2 Goldfields Inc. Competitors by Total Assets
Key competitors of G2 Goldfields Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B
|
USA | $52.76 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$9.85 Billion |
|
AngloGold Ashanti Ltd
JSE:ANG
|
South Africa | ZAC15.77 Billion |
|
Gold Fields Ltd ADR
NYSE:GFI
|
USA | $15.23 Billion |
|
Kinross Gold Corp
TO:K
|
Canada | CA$12.88 Billion |
|
Pan American Silver Corp
TO:PAAS
|
Canada | CA$9.72 Billion |
|
Coeur Mining Inc
NYSE:CDE
|
USA | $15.26 Billion |
|
Northern Star Resources Limited
F:NS7
|
Germany | €20.43 Billion |
G2 Goldfields 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 | 13.48 | 9.83 | 2.33 |
| Quick Ratio | 13.48 | 9.83 | 2.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$49.61 Million | CA$29.53 Million | CA$1.37 Million |
G2 Goldfields Inc. - Advanced Valuation Insights
This section examines the relationship between G2 Goldfields 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 | 18.10 |
| Latest Market Cap to Assets Ratio | 15.87 |
| Asset Growth Rate (YoY) | 63.6% |
| Total Assets | CA$104.84 Million |
| Market Capitalization | $1.66 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values G2 Goldfields Inc.'s assets at a significant premium (15.87x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: G2 Goldfields Inc.'s assets grew by 63.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for G2 Goldfields Inc. (2015–2024)
The table below shows the annual total assets of G2 Goldfields Inc. from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | CA$104.84 Million ≈ $75.84 Million |
+63.57% |
| 2023-11-30 | CA$64.09 Million ≈ $46.37 Million |
+47.61% |
| 2022-11-30 | CA$43.42 Million ≈ $31.41 Million |
+142.62% |
| 2021-11-30 | CA$17.90 Million ≈ $12.95 Million |
+28.55% |
| 2020-11-30 | CA$13.92 Million ≈ $10.07 Million |
-33.53% |
| 2019-11-30 | CA$20.95 Million ≈ $15.15 Million |
+75.68% |
| 2018-11-30 | CA$11.92 Million ≈ $8.62 Million |
+33.57% |
| 2017-11-30 | CA$8.93 Million ≈ $6.46 Million |
+23.53% |
| 2016-11-30 | CA$7.23 Million ≈ $5.23 Million |
+2881.89% |
| 2015-11-30 | CA$242.33K ≈ $175.30K |
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About G2 Goldfields Inc.
G2 Goldfields Inc. engages in the acquisition and exploration of mineral properties. It explores for gold deposits. The company's flagship property consists of the 100% owned Oko-Ghanie project that includes Oko main zone, Ghanie gold zone, and north-west Oko gold deposits located in the southeastern portion of the Cuyuni Mining District, Guyana. G2 Goldfields Inc. is headquartered in Toronto, Ca… Read more