TRX Gold Corporation (TNX) - Total Assets

Latest as of November 2023: CA$87.06 Million CAD ≈ $62.98 Million USD

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. Explore TRX Gold Corporation (TNX) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

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. See TNX net asset value for net asset value and shareholders' equity analysis.

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 market cap of TRX Gold Corporation.

Show as percentage

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
Newmont Corporation AU:NEM	Australia	AU$57.67 Billion
Gold Fields Ltd DRC BA:GFI	Argentina	AR$15.23 Billion
Evolution Mining Ltd AU:EVN	Australia	AU$10.02 Billion
G Mining Ventures Corp. TO:GMIN	Canada	CA$1.95 Billion
Eldorado Gold Corp TO:ELD	Canada	CA$6.48 Billion
B2Gold Corp TO:BTO	Canada	CA$5.97 Billion
AURA MINERALS INC. O.N. F:A531	Germany	€1.61 Billion
Perseus Mining Limited F:P4Q	Germany	€2.48 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	--

About TRX Gold Corporation

TO:TNX Canada Gold

Market Cap

$8.23 Billion

CA$11.38 Billion CAD

Market Cap Rank

#18265 Global

#604 in Canada

Share Price

CA$40.75

Change (1 day)

-0.10%

52-Week Range

CA$39.53 - CA$42.95

All Time High

CA$47.97