CYGAM Energy Inc.

V:CYG Canada Other Industrial Metals & Mining
Market Cap
$103.78 Million
CA$149.05 Million CAD
Market Cap Rank
#19324 Global
#77 in Canada
Share Price
CA$0.14
Change (1 day)
-3.45%
52-Week Range
CA$0.07 - CA$0.24
All Time High
CA$0.24
About

Cygnus Metals Limited engages in the exploration of mineral properties in Canada and Western Australia. The company explores for lithium, gold, nickel, and copper deposits, as well as rare earth elements and platinum group elements. Its flagship projects include the Corner Bay and Devlin projects located on south of Chibougamau, Québec. The company was formerly known as Cygnus Gold Limited and ch… Read more

CYGAM Energy Inc. (CYG) - Total Assets

Latest total assets as of December 2024: CA$78.88 Million CAD

Based on the latest financial reports, CYGAM Energy Inc. (CYG) holds total assets worth CA$78.88 Million CAD as of December 2024.

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.

CYGAM Energy Inc. - Total Assets Trend (2021–2024)

This chart illustrates how CYGAM Energy Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

CYGAM Energy Inc. - Asset Composition Analysis

Current Asset Composition (December 2024)

CYGAM Energy Inc.'s total assets of CA$78.88 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 18.9%
Accounts Receivable CA$903.51K 1.2%
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 (2021–2024)

This chart illustrates how CYGAM Energy 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: CYGAM Energy Inc.'s current assets represent 20.4% of total assets in 2024, a decrease from 82.5% in 2021.
  • Cash Position: Cash and equivalents constituted 18.9% of total assets in 2024, down from 80.3% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
  • Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.

CYGAM Energy Inc. Competitors by Total Assets

Key competitors of CYGAM Energy Inc. based on total assets are shown below.

CYGAM Energy 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

Historical Range: 0.00 - 0.01

Lower asset utilization - CYGAM Energy 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

Historical Range: -59.47% - -10.84%

Negative ROA - CYGAM Energy Inc. is currently not profitable relative to its asset base.

CYGAM Energy 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 4.48 1.94 -
Quick Ratio 4.48 1.94 -
Cash Ratio 0.00 0.00 -
Working Capital CA$12.53 Million CA$ 5.32 Million -

CYGAM Energy Inc. - Advanced Valuation Insights

This section examines the relationship between CYGAM Energy 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 2.18
Latest Market Cap to Assets Ratio 0.98
Asset Growth Rate (YoY) 123.9%
Total Assets CA$78.88 Million
Market Capitalization $76.97 Million USD

Valuation Analysis

Near Book Valuation: The market values CYGAM Energy Inc.'s assets close to their book value ( 0.98x), suggesting investors view the company's assets at approximately fair value.

Rapid Asset Growth: CYGAM Energy Inc.'s assets grew by 123.9% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for CYGAM Energy Inc. (2021–2024)

The table below shows the annual total assets of CYGAM Energy Inc. from 2021 to 2024.

Year Total Assets Change
2024-12-31 CA$78.88 Million +123.86%
2023-12-31 CA$35.23 Million +64.63%
2022-12-31 CA$21.40 Million +511.58%
2021-12-31 CA$3.50 Million --