Steppe Gold Ltd (STGO) - Total Assets
Based on the latest financial reports, Steppe Gold Ltd (STGO) holds total assets worth CA$342.71 Million 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.
Steppe Gold Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Steppe Gold Ltd's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Steppe Gold Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Steppe Gold Ltd's total assets of CA$342.71 Million consist of 61.3% current assets and 38.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 13.4% |
| Accounts Receivable | CA$5.57 Million | 1.6% |
| Inventory | CA$62.76 Million | 17.8% |
| Property, Plant & Equipment | CA$131.64 Million | 37.4% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Steppe Gold Ltd'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: Steppe Gold Ltd's current assets represent 61.3% of total assets in 2024, a decrease from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2024, down from 89.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.4% of total assets.
Steppe Gold Ltd Competitors by Total Assets
Key competitors of Steppe Gold Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Resource Base Ltd
AU:RBX
|
Australia | AU$1.81 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 |
|
AMIGO HLDGS PLC. LS-0025
F:0VG
|
Germany | €46.30 Million |
|
Asante Gold Corporation
F:1A9
|
Germany | €913.08 Million |
|
American Pacific Mining Corp
F:1QC1
|
Germany | €39.92 Million |
|
SITKA GOLD CORP
F:1RF
|
Germany | €70.38 Million |
Steppe Gold Ltd - 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 | 2.80 | 1.19 | 1.65 |
| Quick Ratio | 1.69 | 0.20 | 1.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$124.50 Million | CA$12.28 Million | CA$13.19 Million |
Steppe Gold Ltd - Advanced Valuation Insights
This section examines the relationship between Steppe Gold Ltd'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 | 2.16 |
| Latest Market Cap to Assets Ratio | 0.76 |
| Asset Growth Rate (YoY) | 258.3% |
| Total Assets | CA$352.14 Million |
| Market Capitalization | $268.85 Million USD |
Valuation Analysis
Below Book Valuation: The market values Steppe Gold Ltd's assets below their book value (0.76x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Steppe Gold Ltd's assets grew by 258.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Steppe Gold Ltd (2016–2024)
The table below shows the annual total assets of Steppe Gold Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$352.14 Million | +258.27% |
| 2023-12-31 | CA$98.29 Million | +35.28% |
| 2022-12-31 | CA$72.66 Million | -50.33% |
| 2021-12-31 | CA$146.28 Million | +70.06% |
| 2020-12-31 | CA$86.01 Million | +60.95% |
| 2019-12-31 | CA$53.44 Million | +22.71% |
| 2018-12-31 | CA$43.55 Million | +65.63% |
| 2017-12-31 | CA$26.29 Million | +9011.49% |
| 2016-12-31 | CA$288.59K | -- |
About Steppe Gold Ltd
Steppe Gold Ltd. engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru. Its flagship project is the 100% owned Altan Tsagaan Ovoo property covering an area of approximately 5,492 hectares located in Ulaanbaatar, Mongolia. The company is based in Toronto, Canada. Steppe Gold Ltd. is a subsidiary of Boroo Pte Ltd.