Fortune Bay Corp Total Assets
Fortune Bay Corp total assets. Based on the latest financial reports, Fortune Bay Corp (FOR) holds total assets worth CA$35.54 Million CAD (≈ $25.71 Million USD) as of June 2026. 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. Also see Fortune Bay Corp market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Fortune Bay Corp (2014–2025)
Total assets of Fortune Bay Corp from 2014 to 2025. This chart illustrates how Fortune Bay Corp's total assets have evolved over time, based on quarterly financial data. See FOR stock price and chart for real-time trading data and today's change.
Fortune Bay Corp - Asset Composition Analysis
Fortune Bay Corp Total Assets Breakdown (December 2025)
Fortune Bay Corp total assets breakdown as of December 2025. Fortune Bay Corp's total assets of CA$35.54 Million consist of 24.7% current assets and 75.3% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 23.5% |
| Accounts Receivable | CA$117.64K | 0.4% |
| 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 (2014–2025)
This chart illustrates how Fortune Bay 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. Explore Fortune Bay Corp (FOR) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fortune Bay Corp's current assets represent 24.7% of total assets in 2025, an increase from 3.8% in 2014.
- Cash Position: Cash and equivalents constituted 23.5% of total assets in 2025, up from 0.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Fortune Bay Corp Competitors by Total Assets
Key competitors of Fortune Bay Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Newmont Corporation
AU:NEM
|
Australia | AU$57.67 Billion |
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$52.26 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$12.16 Billion |
|
Evolution Mining Ltd
AU:EVN
|
Australia | AU$10.02 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
|
Dundee Precious Metals Inc
TO:DPM
|
Canada | CA$3.20 Billion |
|
Perseus Mining Ltd
AU:PRU
|
Australia | AU$2.93 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$3.60 Billion |
Fortune Bay 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 | 3.17 | 3.80 | 1.90 |
| Quick Ratio | 3.17 | 3.80 | 1.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$4.80 Million | CA$1.55 Million | CA$827.80K |
Fortune Bay Corp - Advanced Valuation Insights
This section examines the relationship between Fortune Bay 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 | 2.08 |
| Latest Market Cap to Assets Ratio | 0.75 |
| Asset Growth Rate (YoY) | 39.3% |
| Total Assets | CA$33.67 Million |
| Market Capitalization | $25.27 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fortune Bay Corp's assets below their book value (0.75x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Fortune Bay Corp's assets grew by 39.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Fortune Bay Corp (2014–2025)
The table below shows the annual total assets of Fortune Bay Corp from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$33.67 Million ≈ $24.36 Million |
+39.28% |
| 2024-12-31 | CA$24.17 Million ≈ $17.49 Million |
-2.20% |
| 2023-12-31 | CA$24.72 Million ≈ $17.88 Million |
+4.14% |
| 2022-12-31 | CA$23.73 Million ≈ $17.17 Million |
-4.32% |
| 2021-12-31 | CA$24.80 Million ≈ $17.94 Million |
+30.53% |
| 2020-12-31 | CA$19.00 Million ≈ $13.75 Million |
+22.05% |
| 2019-12-31 | CA$15.57 Million ≈ $11.26 Million |
+0.65% |
| 2018-12-31 | CA$15.47 Million ≈ $11.19 Million |
+2.12% |
| 2017-12-31 | CA$15.15 Million ≈ $10.96 Million |
-2.42% |
| 2016-12-31 | CA$15.52 Million ≈ $11.23 Million |
+2.49% |
| 2015-12-31 | CA$15.15 Million ≈ $10.96 Million |
+3.29% |
| 2014-12-31 | CA$14.66 Million ≈ $10.61 Million |
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About Fortune Bay Corp
Fortune Bay Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. The company's flagship asset is the Goldfields Gold Project located approximately 13 kilometres south of Uranium City, Saskatchewan. Fortune Bay Corp. is headquartered in Halifax, Canada.