Golconda Gold Ltd.
Golconda Gold Ltd. explores, develops, and operates gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa; and the Summit Property in the United States. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd. in October 2022. Golconda Gold Ltd. is based in Toronto, Canad… Read more
Golconda Gold Ltd. (GG) - Total Assets
Latest total assets as of September 2025: CA$51.88 Million CAD
Based on the latest financial reports, Golconda Gold Ltd. (GG) holds total assets worth CA$51.88 Million CAD as of September 2025.
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.
Golconda Gold Ltd. - Total Assets Trend (2008–2024)
This chart illustrates how Golconda Gold Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Golconda Gold Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Golconda Gold Ltd.'s total assets of CA$51.88 Million consist of 5.5% current assets and 94.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.7% |
| Accounts Receivable | CA$470.67K | 1.0% |
| Inventory | CA$438.80K | 1.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Golconda Gold Ltd.'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: Golconda Gold Ltd.'s current assets represent 5.5% of total assets in 2024, a decrease from 100.0% in 2008.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 97.7% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 1.0% of total assets.
Golconda Gold Ltd. Competitors by Total Assets
Key competitors of Golconda Gold Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Golconda Gold Ltd. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Golconda Gold Ltd. generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Golconda Gold Ltd. is currently not profitable relative to its asset base.
Golconda Gold Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.79 | 0.31 | 0.48 |
| Quick Ratio | 0.66 | 0.29 | 0.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-1.58 Million | CA$ -6.47 Million | CA$ -12.44 Million |
Golconda Gold Ltd. - Advanced Valuation Insights
This section examines the relationship between Golconda Gold Ltd.'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 | 4.38 |
| Latest Market Cap to Assets Ratio | 2.50 |
| Asset Growth Rate (YoY) | 7.9% |
| Total Assets | CA$45.70 Million |
| Market Capitalization | $114.24 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Golconda Gold Ltd.'s assets at a significant premium ( 2.50x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Golconda Gold Ltd.'s assets grew by 7.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Golconda Gold Ltd. (2008–2024)
The table below shows the annual total assets of Golconda Gold Ltd. from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$45.70 Million | +7.86% |
| 2023-12-31 | CA$42.37 Million | -0.59% |
| 2022-12-31 | CA$42.62 Million | -27.50% |
| 2021-12-31 | CA$58.79 Million | +8.57% |
| 2020-12-31 | CA$54.15 Million | +12.20% |
| 2019-12-31 | CA$48.26 Million | +4.11% |
| 2018-12-31 | CA$46.36 Million | -0.42% |
| 2017-12-31 | CA$46.55 Million | -4.27% |
| 2016-12-31 | CA$48.63 Million | +0.72% |
| 2015-12-31 | CA$48.28 Million | +2.25% |
| 2014-12-31 | CA$47.22 Million | +14.53% |
| 2013-12-31 | CA$41.23 Million | -42.59% |
| 2012-12-31 | CA$71.81 Million | +35.41% |
| 2011-12-31 | CA$53.03 Million | +11597.49% |
| 2010-12-31 | CA$453.38K | +58.75% |
| 2009-12-31 | CA$285.60K | -6.22% |
| 2008-12-31 | CA$304.54K | -- |