Giga Metals Corp (GIGA) - Total Assets
Based on the latest financial reports, Giga Metals Corp (GIGA) holds total assets worth CA$23.07 Million CAD (≈ $16.69 Million USD) 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. See GIGA net asset value for net asset value and shareholders' equity analysis.
Giga Metals Corp - Total Assets Trend (2000–2024)
This chart illustrates how Giga Metals Corp's total assets have evolved over time, based on quarterly financial data.
Giga Metals Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Giga Metals Corp's total assets of CA$23.07 Million consist of 2.4% current assets and 97.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.3% |
| 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 (2000–2024)
This chart illustrates how Giga Metals 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 market cap of Giga Metals Corp.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Giga Metals Corp's current assets represent 2.4% of total assets in 2024, an increase from 1.2% in 2000.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2024, up from 0.7% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Giga Metals Corp Competitors by Total Assets
Key competitors of Giga Metals Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.36 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.11 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥25.91 Billion |
|
Sichuan Yahua Industrial Group Co Ltd
SHE:002497
|
China | CN¥14.48 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$647.20 Million |
Giga Metals Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.00 | 4.83 | 18.07 |
| Quick Ratio | 1.00 | 4.83 | 18.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-42.00 | CA$858.29K | CA$3.74 Million |
Giga Metals Corp - Advanced Valuation Insights
This section examines the relationship between Giga Metals 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 | 0.73 |
| Latest Market Cap to Assets Ratio | 0.40 |
| Asset Growth Rate (YoY) | -2.5% |
| Total Assets | CA$22.67 Million |
| Market Capitalization | $9.03 Million USD |
Valuation Analysis
Below Book Valuation: The market values Giga Metals Corp's assets below their book value (0.40x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Giga Metals Corp's assets decreased by 2.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Giga Metals Corp (2000–2024)
The table below shows the annual total assets of Giga Metals Corp from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$22.67 Million ≈ $16.40 Million |
-2.53% |
| 2023-12-31 | CA$23.26 Million ≈ $16.82 Million |
-7.86% |
| 2022-12-31 | CA$25.24 Million ≈ $18.26 Million |
+68.43% |
| 2021-12-31 | CA$14.99 Million ≈ $10.84 Million |
+46.37% |
| 2020-12-31 | CA$10.24 Million ≈ $7.41 Million |
+32.29% |
| 2019-12-31 | CA$7.74 Million ≈ $5.60 Million |
+8.86% |
| 2018-12-31 | CA$7.11 Million ≈ $5.14 Million |
+52.70% |
| 2017-12-31 | CA$4.66 Million ≈ $3.37 Million |
+1437.21% |
| 2016-12-31 | CA$302.89K ≈ $219.11K |
+26.38% |
| 2015-12-31 | CA$239.66K ≈ $173.37K |
-97.71% |
| 2014-12-31 | CA$10.48 Million ≈ $7.58 Million |
-68.70% |
| 2013-12-31 | CA$33.49 Million ≈ $24.23 Million |
-1.06% |
| 2012-12-31 | CA$33.85 Million ≈ $24.49 Million |
+1.79% |
| 2011-12-31 | CA$33.25 Million ≈ $24.06 Million |
-2.02% |
| 2010-12-31 | CA$33.94 Million ≈ $24.55 Million |
+9.77% |
| 2009-12-31 | CA$30.92 Million ≈ $22.37 Million |
-2.27% |
| 2008-12-31 | CA$31.64 Million ≈ $22.89 Million |
-6.53% |
| 2007-12-31 | CA$33.85 Million ≈ $24.48 Million |
+96.91% |
| 2006-12-31 | CA$17.19 Million ≈ $12.43 Million |
+54.06% |
| 2005-12-31 | CA$11.16 Million ≈ $8.07 Million |
+38.02% |
| 2004-12-31 | CA$8.08 Million ≈ $5.85 Million |
+88.37% |
| 2003-12-31 | CA$4.29 Million ≈ $3.10 Million |
+124.32% |
| 2002-12-31 | CA$1.91 Million ≈ $1.38 Million |
+46.19% |
| 2001-12-31 | CA$1.31 Million ≈ $946.66K |
+0.58% |
| 2000-12-31 | CA$1.30 Million ≈ $941.21K |
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About Giga Metals Corp
Giga Metals Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for nickel-cobalt sulphide deposits. It holds 85% interests in the Turnagain property with 75 mineral claims covering an area of approximately 44,045 hectares located in the Liard mining division of northern British Columbia. The company was formerly known as Hard… Read more