Geomega Resources Inc (GMA) - Total Assets
Based on the latest financial reports, Geomega Resources Inc (GMA) holds total assets worth CA$7.68 Million CAD (≈ $5.56 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. Check Geomega Resources Inc (GMA) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Geomega Resources Inc - Total Assets Trend (2010–2025)
This chart illustrates how Geomega Resources Inc's total assets have evolved over time, based on quarterly financial data. Explore GMA strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Geomega Resources Inc - Asset Composition Analysis
Current Asset Composition (May 2025)
Geomega Resources Inc's total assets of CA$7.68 Million consist of 41.3% current assets and 58.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 13.0% |
| Accounts Receivable | CA$45.70K | 0.6% |
| Inventory | CA$25.09K | 0.3% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2010–2025)
This chart illustrates how Geomega Resources 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. For live market cap, price, and company overview, see Geomega Resources Inc (GMA) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Geomega Resources Inc's current assets represent 41.3% of total assets in 2025, a decrease from 44.9% in 2010.
- Cash Position: Cash and equivalents constituted 13.0% of total assets in 2025, down from 42.4% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.
Geomega Resources Inc Competitors by Total Assets
Key competitors of Geomega Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
Vale S.A
F:CVLB
|
Germany | €87.59 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
RTG Mining Inc
AU:RTG
|
Australia | AU$11.53 Million |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
Geomega Resources 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 | 1.49 | 2.17 | 1.59 |
| Quick Ratio | 1.48 | 2.16 | 1.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$1.04 Million | CA$2.45 Million | CA$232.81K |
Geomega Resources Inc - Advanced Valuation Insights
This section examines the relationship between Geomega Resources 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 | 30.39 |
| Latest Market Cap to Assets Ratio | 3.57 |
| Asset Growth Rate (YoY) | -3.0% |
| Total Assets | CA$7.68 Million |
| Market Capitalization | $27.44 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Geomega Resources Inc's assets at a significant premium (3.57x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: Geomega Resources Inc's assets decreased by 3.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Geomega Resources Inc (2010–2025)
The table below shows the annual total assets of Geomega Resources Inc from 2010 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | CA$7.68 Million ≈ $5.56 Million |
-3.01% |
| 2024-05-31 | CA$7.92 Million ≈ $5.73 Million |
-15.45% |
| 2023-05-31 | CA$9.36 Million ≈ $6.77 Million |
+24.67% |
| 2022-05-31 | CA$7.51 Million ≈ $5.43 Million |
+30.58% |
| 2021-05-31 | CA$5.75 Million ≈ $4.16 Million |
+83.90% |
| 2020-05-31 | CA$3.13 Million ≈ $2.26 Million |
+37.62% |
| 2019-05-31 | CA$2.27 Million ≈ $1.64 Million |
-17.20% |
| 2018-05-31 | CA$2.75 Million ≈ $1.99 Million |
+29.58% |
| 2017-05-31 | CA$2.12 Million ≈ $1.53 Million |
+26.56% |
| 2016-05-31 | CA$1.67 Million ≈ $1.21 Million |
+46.44% |
| 2015-05-31 | CA$1.14 Million ≈ $826.88K |
-94.34% |
| 2014-05-31 | CA$20.20 Million ≈ $14.61 Million |
+8.59% |
| 2013-05-31 | CA$18.60 Million ≈ $13.45 Million |
+1.08% |
| 2012-05-31 | CA$18.40 Million ≈ $13.31 Million |
+72.83% |
| 2011-05-31 | CA$10.65 Million ≈ $7.70 Million |
+4920.74% |
| 2010-05-31 | CA$212.07K ≈ $153.41K |
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About Geomega Resources Inc
Geomega Resources Inc. engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property, which consists of 96 mining claims covering an area of 5,333 hectares located in Quebec. The company was incorporated in 2008 and is headquartered in Boucherville, Canada.