TRX Gold Corporation (TNX) - Total Assets
Based on the latest financial reports, TRX Gold Corporation (TNX) holds total assets worth CA$87.06 Million CAD (≈ $62.98 Million USD) 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. See shareholders equity of TRX Gold Corporation for net asset value and shareholders' equity analysis.
TRX Gold Corporation - Total Assets Trend (1998–2023)
This chart illustrates how TRX Gold Corporation's total assets have evolved over time, based on quarterly financial data.
TRX Gold Corporation - Asset Composition Analysis
Current Asset Composition (August 2023)
TRX Gold Corporation'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 Corporation'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 how much is TRX Gold Corporation worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TRX Gold Corporation'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 Corporation Competitors by Total Assets
Key competitors of TRX Gold Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Kinross Gold Corp
TO:K
|
Canada | CA$12.88 Billion |
|
Gold Fields Ltd
JSE:GFI
|
South Africa | ZAC10.86 Billion |
|
Gold Fields Ltd ADR
NYSE:GFI
|
USA | $15.23 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$2.88 Billion |
|
Genesis Minerals Ltd
AU:GMD
|
Australia | AU$2.01 Billion |
|
Orla Mining Ltd
TO:OLA
|
Canada | CA$2.85 Billion |
|
Ramelius Resources Ltd
AU:RMS
|
Australia | AU$2.39 Billion |
|
Capricorn Metals Ltd
AU:CMM
|
Australia | AU$1.61 Billion |
TRX Gold Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.90 | 1.10 | 0.14 |
| Quick Ratio | 0.61 | 0.83 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-1.97 Million | CA$1.36 Million | CA$-8.14 Million |
TRX Gold Corporation - Advanced Valuation Insights
This section examines the relationship between TRX Gold Corporation'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 | 1.53 |
| Asset Growth Rate (YoY) | 17.2% |
| Total Assets | CA$84.20 Million |
| Market Capitalization | $128.41 Million USD |
Valuation Analysis
Above Book Valuation: The market values TRX Gold Corporation's assets above their book value (1.53x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: TRX Gold Corporation'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 Corporation (1998–2023)
The table below shows the annual total assets of TRX Gold Corporation from 1998 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-08-31 | CA$84.20 Million ≈ $60.91 Million |
+17.20% |
| 2022-08-31 | CA$71.84 Million ≈ $51.97 Million |
+27.12% |
| 2021-08-31 | CA$56.52 Million ≈ $40.88 Million |
+48.44% |
| 2020-08-31 | CA$38.07 Million ≈ $27.54 Million |
+33.50% |
| 2019-08-31 | CA$28.52 Million ≈ $20.63 Million |
-30.42% |
| 2018-08-31 | CA$40.99 Million ≈ $29.65 Million |
+0.76% |
| 2017-08-31 | CA$40.68 Million ≈ $29.43 Million |
-18.45% |
| 2016-08-31 | CA$49.89 Million ≈ $36.09 Million |
+24.38% |
| 2015-08-31 | CA$40.11 Million ≈ $29.01 Million |
-17.39% |
| 2014-08-31 | CA$48.55 Million ≈ $35.12 Million |
-12.05% |
| 2013-08-31 | CA$55.20 Million ≈ $39.93 Million |
-13.34% |
| 2012-08-31 | CA$63.70 Million ≈ $46.08 Million |
-8.45% |
| 2011-08-31 | CA$69.58 Million ≈ $50.33 Million |
+125.06% |
| 2010-08-31 | CA$30.92 Million ≈ $22.36 Million |
+15.62% |
| 2009-08-31 | CA$26.74 Million ≈ $19.34 Million |
+5.34% |
| 2008-08-31 | CA$25.38 Million ≈ $18.36 Million |
+5.47% |
| 2007-08-31 | CA$24.07 Million ≈ $17.41 Million |
+6.87% |
| 2006-08-31 | CA$22.52 Million ≈ $16.29 Million |
+20.17% |
| 2005-08-31 | CA$18.74 Million ≈ $13.56 Million |
+11.35% |
| 2004-08-31 | CA$16.83 Million ≈ $12.17 Million |
+8.74% |
| 2003-08-31 | CA$15.48 Million ≈ $11.20 Million |
+15.34% |
| 2002-08-31 | CA$13.42 Million ≈ $9.71 Million |
+67.16% |
| 2001-08-31 | CA$8.03 Million ≈ $5.81 Million |
+30.85% |
| 2000-08-31 | CA$6.13 Million ≈ $4.44 Million |
+4.91% |
| 1999-08-31 | CA$5.85 Million ≈ $4.23 Million |
-14.19% |
| 1998-08-31 | CA$6.81 Million ≈ $4.93 Million |
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About TRX Gold Corporation
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