Lundin Gold Inc (LUG) - Total Assets
Based on the latest financial reports, Lundin Gold Inc (LUG) holds total assets worth CA$1.64 Billion CAD as of September 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.
Lundin Gold Inc - Total Assets Trend (1998–2024)
This chart illustrates how Lundin Gold Inc's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lundin Gold Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Lundin Gold Inc's total assets of CA$1.64 Billion consist of 44.2% current assets and 55.9% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 22.9% |
| Accounts Receivable | CA$155.95 Million | 10.2% |
| Inventory | CA$88.21 Million | 5.8% |
| Property, Plant & Equipment | CA$828.74 Million | 54.3% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (1998–2024)
This chart illustrates how Lundin Gold 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: Lundin Gold Inc's current assets represent 44.2% of total assets in 2024, an increase from 17.9% in 1998.
- Cash Position: Cash and equivalents constituted 22.9% of total assets in 2024, up from 1.7% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is property, plant & equipment at 54.3% of total assets.
Lundin Gold Inc Competitors by Total Assets
Key competitors of Lundin Gold Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Contango ORE Inc
NYSE MKT:CTGO
|
USA | $217.66 Million |
|
KAISER REEF LTD.
F:7YR
|
Germany | €30.24 Million |
|
Dakota Gold Corp.
NYSE MKT:DC
|
USA | $115.86 Million |
|
Rhyolite Resources Ltd
V:RYE
|
Canada | CA$6.54 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
|
CROSS RIVER VENTURES CORP
F:C6R
|
Germany | €274.30K |
Lundin Gold 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 | 3.23 | 3.82 | 1.24 |
| Quick Ratio | 2.88 | 3.18 | 0.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$575.42 Million | CA$357.41 Million | CA$56.60 Million |
Lundin Gold Inc - Advanced Valuation Insights
This section examines the relationship between Lundin Gold 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 | 13.98 |
| Latest Market Cap to Assets Ratio | 13.44 |
| Asset Growth Rate (YoY) | 4.0% |
| Total Assets | CA$1.53 Billion |
| Market Capitalization | $20.53 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Lundin Gold Inc's assets at a significant premium (13.44x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Lundin Gold Inc's assets grew by 4.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Lundin Gold Inc (1998–2024)
The table below shows the annual total assets of Lundin Gold Inc from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.53 Billion | +4.04% |
| 2023-12-31 | CA$1.47 Billion | -12.02% |
| 2022-12-31 | CA$1.67 Billion | -0.96% |
| 2021-12-31 | CA$1.69 Billion | +11.94% |
| 2020-12-31 | CA$1.51 Billion | +6.84% |
| 2019-12-31 | CA$1.41 Billion | +39.16% |
| 2018-12-31 | CA$1.01 Billion | +110.17% |
| 2017-12-31 | CA$481.73 Million | +72.72% |
| 2016-12-31 | CA$278.91 Million | +4.30% |
| 2015-12-31 | CA$267.40 Million | -15.92% |
| 2014-12-31 | CA$318.03 Million | +1388.67% |
| 2013-12-31 | CA$21.36 Million | -6.97% |
| 2012-12-31 | CA$22.97 Million | +0.84% |
| 2011-12-31 | CA$22.77 Million | +145.56% |
| 2010-12-31 | CA$9.27 Million | -50.48% |
| 2009-12-31 | CA$18.73 Million | -6.90% |
| 2008-12-31 | CA$20.12 Million | +345.90% |
| 2007-12-31 | CA$4.51 Million | -82.11% |
| 2006-12-31 | CA$25.22 Million | +272.61% |
| 2005-12-31 | CA$6.77 Million | +28.44% |
| 2004-12-31 | CA$5.27 Million | +2302.25% |
| 2003-12-31 | CA$219.39K | -33.29% |
| 2002-12-31 | CA$328.89K | -72.86% |
| 2001-12-31 | CA$1.21 Million | -1.21% |
| 2000-12-31 | CA$1.23 Million | +4618.25% |
| 1999-12-31 | CA$26.00K | -48.28% |
| 1998-12-31 | CA$50.28K | -- |
About Lundin Gold Inc
Lundin Gold Inc. operates as a mining company in Canada. The company holds interests in 28 metallic mineral concessions and three construction material concessions covering an area of approximately 64,454 hectares located in Southeast Ecuador. It primary holds 100% interests in the Fruta del Norte gold project that comprising seven concessions covering an area of approximately 5,566 hectares loca… Read more