Central African Gold Inc
African Energy Metals Inc., a natural resource company, engages in the acquisition, development, and exploration of mineral properties in the Democratic Republic of Congo (DRC). The company explores for copper and cobalt deposits. It has an option agreement to acquire 100% interest in PE 8251 located in the DRC; and PEPM 4582 in the Manono region of the DRC. The company was formerly known as Cent… Read more
Central African Gold Inc (CUCO) - Total Assets
Latest total assets as of December 2023: CA$7.94K CAD
Based on the latest financial reports, Central African Gold Inc (CUCO) holds total assets worth CA$7.94K CAD as of December 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.
Central African Gold Inc - Total Assets Trend (2019–2023)
This chart illustrates how Central African Gold Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Central African Gold Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Central African Gold Inc's total assets of CA$7.94K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 13.2% |
| Accounts Receivable | CA$5.26K | 66.2% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Central African 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: Central African Gold Inc's current assets represent 100.0% of total assets in 2023, an increase from 48.0% in 2019.
- Cash Position: Cash and equivalents constituted 13.2% of total assets in 2023, down from 48.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 66.2% of total assets.
Central African Gold Inc Competitors by Total Assets
Key competitors of Central African Gold Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Central African Gold Inc - 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
Lower asset utilization - Central African Gold Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Central African Gold Inc is currently not profitable relative to its asset base.
Central African 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 | 0.01 | 0.38 | 6.39 |
| Quick Ratio | 0.01 | 0.38 | 6.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-679.76K | CA$ -155.93K | CA$ 205.74K |
Central African Gold Inc - Advanced Valuation Insights
This section examines the relationship between Central African 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 | 3.65 |
| Latest Market Cap to Assets Ratio | 35.21 |
| Asset Growth Rate (YoY) | -91.5% |
| Total Assets | CA$7.94K |
| Market Capitalization | $279.45K USD |
Valuation Analysis
Premium Asset Valuation: The market values Central African Gold Inc's assets at a significant premium ( 35.21x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Central African Gold Inc's assets decreased by 91.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Central African Gold Inc (2019–2023)
The table below shows the annual total assets of Central African Gold Inc from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CA$7.94K | -91.54% |
| 2022-12-31 | CA$93.84K | -61.53% |
| 2021-12-31 | CA$243.94K | +156.32% |
| 2020-12-31 | CA$95.17K | +1044.98% |
| 2019-12-31 | CA$8.31K | -- |