TRX Gold Corp
TRX Gold Corporation engages in the exploration, development, and production of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interests in the Buckreef gold project that comprises a single Special Mining License covering an area of 16.04 square kilometers and 12 Prospecting Licenses covering 98.19 square kilometers locate… Read more
TRX Gold Corp (TNX) - Total Assets
Latest total assets as of November 2023: CA$87.06 Million CAD
Based on the latest financial reports, TRX Gold Corp (TNX) holds total assets worth CA$87.06 Million CAD as of November 2023.
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.
TRX Gold Corp - Total Assets Trend (1998–2023)
This chart illustrates how TRX Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TRX Gold Corp - Asset Composition Analysis
Current Asset Composition (August 2023)
TRX Gold Corp's total assets of CA$87.06 Million consist of 20.4% current assets and 79.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 9.1% |
| Accounts Receivable | CA$3.14 Million | 3.7% |
| Inventory | CA$4.96 Million | 5.9% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (1998–2023)
This chart illustrates how TRX 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: TRX Gold Corp's current assets represent 20.4% of total assets in 2023, an increase from 13.7% in 1998.
- Cash Position: Cash and equivalents constituted 9.1% of total assets in 2023, down from 12.5% 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 inventory at 5.9% of total assets.
TRX Gold Corp Competitors by Total Assets
Key competitors of TRX 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 |
TRX 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
Moderate asset utilization - TRX Gold Corp generates 0.46x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, TRX Gold Corp generates $ 2.67 in net profit.
TRX 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 | 0.90 | 1.10 | 0.14 |
| Quick Ratio | 0.61 | 0.83 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-1.97 Million | CA$ 1.36 Million | CA$ -8.14 Million |
TRX Gold Corp - Advanced Valuation Insights
This section examines the relationship between TRX 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 | 1.71 |
| Latest Market Cap to Assets Ratio | 1.06 |
| Asset Growth Rate (YoY) | 17.2% |
| Total Assets | CA$84.20 Million |
| Market Capitalization | $89.41 Million USD |
Valuation Analysis
Above Book Valuation: The market values TRX Gold Corp's assets above their book value (1.06 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: TRX Gold Corp's assets grew by 17.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TRX Gold Corp (1998–2023)
The table below shows the annual total assets of TRX Gold Corp from 1998 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-08-31 | CA$84.20 Million | +17.20% |
| 2022-08-31 | CA$71.84 Million | +27.12% |
| 2021-08-31 | CA$56.52 Million | +48.44% |
| 2020-08-31 | CA$38.07 Million | +33.50% |
| 2019-08-31 | CA$28.52 Million | -30.42% |
| 2018-08-31 | CA$40.99 Million | +0.76% |
| 2017-08-31 | CA$40.68 Million | -18.45% |
| 2016-08-31 | CA$49.89 Million | +24.38% |
| 2015-08-31 | CA$40.11 Million | -17.39% |
| 2014-08-31 | CA$48.55 Million | -12.05% |
| 2013-08-31 | CA$55.20 Million | -13.34% |
| 2012-08-31 | CA$63.70 Million | -8.45% |
| 2011-08-31 | CA$69.58 Million | +125.06% |
| 2010-08-31 | CA$30.92 Million | +15.62% |
| 2009-08-31 | CA$26.74 Million | +5.34% |
| 2008-08-31 | CA$25.38 Million | +5.47% |
| 2007-08-31 | CA$24.07 Million | +6.87% |
| 2006-08-31 | CA$22.52 Million | +20.17% |
| 2005-08-31 | CA$18.74 Million | +11.35% |
| 2004-08-31 | CA$16.83 Million | +8.74% |
| 2003-08-31 | CA$15.48 Million | +15.34% |
| 2002-08-31 | CA$13.42 Million | +67.16% |
| 2001-08-31 | CA$8.03 Million | +30.85% |
| 2000-08-31 | CA$6.13 Million | +4.91% |
| 1999-08-31 | CA$5.85 Million | -14.19% |
| 1998-08-31 | CA$6.81 Million | -- |