Goldex Resources Corp (GDX) - Total Assets
Based on the latest financial reports, Goldex Resources Corp (GDX) holds total assets worth CA$1.33 Million CAD (≈ $964.93K USD) as of September 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. Check GDX capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Goldex Resources Corp - Total Assets Trend (2013–2023)
This chart illustrates how Goldex Resources Corp's total assets have evolved over time, based on quarterly financial data. Explore GDX strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Goldex Resources Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Goldex Resources Corp's total assets of CA$1.33 Million consist of 0.8% current assets and 99.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.3% |
| Accounts Receivable | CA$6.85K | 0.5% |
| 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 (2013–2023)
This chart illustrates how Goldex Resources 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. For live market cap, price, and company overview, see GDX market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Goldex Resources Corp's current assets represent 0.8% of total assets in 2023, a decrease from 3.2% in 2013.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2023, up from 0.2% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Goldex Resources Corp Competitors by Total Assets
Key competitors of Goldex Resources Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AngloGold Ashanti Ltd
JSE:ANG
|
South Africa | ZAC15.77 Billion |
|
Chifeng Jilong Gold Mining Co Ltd
SHG:600988
|
China | CN¥24.87 Billion |
|
G Mining Ventures Corp.
TO:GMIN
|
Canada | CA$1.95 Billion |
|
Perseus Mining Ltd
AU:PRU
|
Australia | AU$2.72 Billion |
|
Alamos Gold Inc
TO:AGI
|
Canada | CA$5.98 Billion |
|
Montage Gold Corp.
TO:MAU
|
Canada | CA$738.35 Million |
|
De Grey Mining Ltd
AU:DEG
|
Australia | AU$1.32 Billion |
|
Torex Gold Resources Inc
TO:TXG
|
Canada | CA$3.01 Billion |
Goldex Resources Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.01 | 0.01 | 0.01 |
| Quick Ratio | 0.01 | 0.01 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-636.68K | CA$-597.42K | CA$-1.91 Million |
Goldex Resources Corp - Advanced Valuation Insights
This section examines the relationship between Goldex Resources 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 | 10.68 |
| Latest Market Cap to Assets Ratio | 1.07 |
| Asset Growth Rate (YoY) | -3.3% |
| Total Assets | CA$1.34 Million |
| Market Capitalization | $1.44 Million USD |
Valuation Analysis
Above Book Valuation: The market values Goldex Resources Corp's assets above their book value (1.07x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Goldex Resources Corp's assets decreased by 3.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Goldex Resources Corp (2013–2023)
The table below shows the annual total assets of Goldex Resources Corp from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CA$1.34 Million ≈ $969.23K |
-3.32% |
| 2022-12-31 | CA$1.39 Million ≈ $1.00 Million |
-3.19% |
| 2021-12-31 | CA$1.43 Million ≈ $1.04 Million |
+0.29% |
| 2020-12-31 | CA$1.43 Million ≈ $1.03 Million |
-0.54% |
| 2019-12-31 | CA$1.44 Million ≈ $1.04 Million |
+11.82% |
| 2018-12-31 | CA$1.28 Million ≈ $928.41K |
+2.44% |
| 2017-12-31 | CA$1.25 Million ≈ $906.26K |
+15.10% |
| 2016-12-31 | CA$1.09 Million ≈ $787.38K |
-2.71% |
| 2015-12-31 | CA$1.12 Million ≈ $809.28K |
-60.61% |
| 2014-12-31 | CA$2.84 Million ≈ $2.05 Million |
-10.63% |
| 2013-12-31 | CA$3.18 Million ≈ $2.30 Million |
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About Goldex Resources Corp
Goldex Resources Corporation, through its subsidiaries, engages in the acquisition and exploration of mineral properties in Canada and Guatemala. It primarily explores for gold deposits. The company was incorporated in 1987 and is headquartered in Vancouver, Canada.