GETT Gold Inc Total Assets
GETT Gold Inc total assets. Based on the latest financial reports, GETT Gold Inc (GETT) holds total assets worth CA$1.12 Million CAD (≈ $810.83K USD) as of June 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. Also see GETT company net worth for the company's overall valuation and market capitalisation.
Total Assets of GETT Gold Inc (2018–2023)
Total assets of GETT Gold Inc from 2018 to 2023. This chart illustrates how GETT Gold Inc's total assets have evolved over time, based on quarterly financial data. See GETT stock price for real-time trading data and today's change.
GETT Gold Inc - Asset Composition Analysis
GETT Gold Inc Total Assets Breakdown (September 2023)
GETT Gold Inc total assets breakdown as of September 2023. GETT Gold Inc's total assets of CA$1.12 Million consist of 68.8% current assets and 31.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 11.0% |
| Accounts Receivable | CA$0.00 | 0.0% |
| 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 (2018–2023)
This chart illustrates how GETT 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. Explore GETT Gold Inc working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: GETT Gold Inc's current assets represent 68.8% of total assets in 2023, an increase from 16.0% in 2018.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2023, up from 4.4% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
GETT Gold Inc Competitors by Total Assets
Key competitors of GETT Gold Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Contango ORE Inc
NYSE MKT:CTGO
|
USA | $217.66 Million |
|
Barrick Mining Corporation
NYSE:B
|
USA | $52.62 Billion |
|
Gold Fields Ltd ADR
NYSE:GFI
|
USA | $15.60 Billion |
|
AngloGold Ashanti Ltd
JSE:ANG
|
South Africa | ZAC15.55 Billion |
|
Gold Fields Ltd
JSE:GFI
|
South Africa | ZAC10.86 Billion |
|
Alamos Gold Inc
TO:AGI
|
Canada | CA$5.98 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
GETT Gold Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.03 | 0.16 | 0.20 |
| Quick Ratio | 0.03 | 0.16 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-18.02 Million | CA$-12.85 Million | CA$-8.50 Million |
GETT Gold Inc - Advanced Valuation Insights
This section examines the relationship between GETT 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 | 0.51 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | -84.0% |
| Total Assets | CA$2.22 Million |
| Market Capitalization | $309.68K USD |
Valuation Analysis
Below Book Valuation: The market values GETT Gold Inc's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: GETT Gold Inc's assets decreased by 84.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for GETT Gold Inc (2018–2023)
The table below shows the annual total assets of GETT Gold Inc from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | CA$2.22 Million ≈ $1.61 Million |
-83.99% |
| 2022-09-30 | CA$13.86 Million ≈ $10.03 Million |
+662.86% |
| 2021-09-30 | CA$1.82 Million ≈ $1.31 Million |
-37.22% |
| 2020-09-30 | CA$2.89 Million ≈ $2.09 Million |
+28.95% |
| 2019-09-30 | CA$2.24 Million ≈ $1.62 Million |
+615.83% |
| 2018-09-30 | CA$313.58K ≈ $226.84K |
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About GETT Gold Inc
G.E.T.T. Gold Inc. engages in the acquisition, exploration, and development of precious metal assets in Canada. The company holds an interest in the Courville Maruska project covering an area of 6.02 square kilometers located northeast of Val-d'Or. It also provides thermal fragmentation mining technology for the mining industry. The company was formerly known as Nippon Dragon Resources Inc. and c… Read more