GGL Resources Corp (GGL) - Total Assets
Based on the latest financial reports, GGL Resources Corp (GGL) holds total assets worth CA$5.71 Million CAD (≈ $4.13 Million USD) as of May 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. See what is GGL Resources Corp's book value for net asset value and shareholders' equity analysis.
GGL Resources Corp - Total Assets Trend (2013–2024)
This chart illustrates how GGL Resources Corp's total assets have evolved over time, based on quarterly financial data.
GGL Resources Corp - Asset Composition Analysis
Current Asset Composition (November 2024)
GGL Resources Corp's total assets of CA$5.71 Million consist of 2.1% current assets and 97.9% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.6% |
| 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 (2013–2024)
This chart illustrates how GGL 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 GGL company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: GGL Resources Corp's current assets represent 2.1% of total assets in 2024, a decrease from 6.7% in 2013.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2024, down from 2.8% 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 goodwill at 0.0% of total assets.
GGL Resources Corp Competitors by Total Assets
Key competitors of GGL Resources Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Valterra Platinum Limited
JSE:VAL
|
South Africa | ZAC170.67 Billion |
|
Avino Silver & Gold Mines Ltd
TO:ASM
|
Canada | CA$221.86 Million |
|
Antipa Minerals Ltd
AU:AZY
|
Australia | AU$103.69 Million |
|
Terra Metals Ltd
AU:TM1
|
Australia | AU$4.24 Million |
|
Bougainville Copper Ltd
AU:BOC
|
Australia | AU$90.94 Million |
|
Alicanto Minerals Ltd
AU:AQI
|
Australia | AU$4.98 Million |
|
BHMINESLTD FPO [BHM]
AU:BHM
|
Australia | AU$24.54 Million |
|
Austral Gold Ltd
V:AGLD
|
Canada | CA$74.09 Million |
GGL 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 | 3.58 | 2.21 | 2.33 |
| Quick Ratio | 3.58 | 2.21 | 2.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$91.16K | CA$98.15K | CA$198.30K |
GGL Resources Corp - Advanced Valuation Insights
This section examines the relationship between GGL 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 | 1.32 |
| Latest Market Cap to Assets Ratio | 0.59 |
| Asset Growth Rate (YoY) | 3.8% |
| Total Assets | CA$5.72 Million |
| Market Capitalization | $3.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values GGL Resources Corp's assets below their book value (0.59x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: GGL Resources Corp's assets grew by 3.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for GGL Resources Corp (2013–2024)
The table below shows the annual total assets of GGL Resources Corp from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | CA$5.72 Million ≈ $4.14 Million |
+3.79% |
| 2023-11-30 | CA$5.52 Million ≈ $3.99 Million |
+1.97% |
| 2022-11-30 | CA$5.41 Million ≈ $3.91 Million |
+16.23% |
| 2021-11-30 | CA$4.65 Million ≈ $3.37 Million |
-3.75% |
| 2020-11-30 | CA$4.84 Million ≈ $3.50 Million |
+100.63% |
| 2019-11-30 | CA$2.41 Million ≈ $1.74 Million |
-12.45% |
| 2018-11-30 | CA$2.75 Million ≈ $1.99 Million |
-15.38% |
| 2017-11-30 | CA$3.25 Million ≈ $2.35 Million |
+52.66% |
| 2016-11-30 | CA$2.13 Million ≈ $1.54 Million |
+0.05% |
| 2015-11-30 | CA$2.13 Million ≈ $1.54 Million |
-20.52% |
| 2014-11-30 | CA$2.68 Million ≈ $1.94 Million |
+8.37% |
| 2013-11-30 | CA$2.47 Million ≈ $1.79 Million |
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About GGL Resources Corp
GGL Resources Corp. engages in the acquisition, exploration, and evaluation of mineral properties. It explores for gold, copper, and silver deposits, as well as diamonds. The company holds interests in the McConnell Creek project located in the Omineca mining division of British Columbia. It also holds an option to acquire interests in Gold Point project located in Nevada; and the Stein diamond p… Read more