Golden Goliath Resources Ltd. (GNG) - Total Assets

Latest as of May 2026: CA$1.23 Million CAD ≈ $887.65K USD

Based on the latest financial reports, Golden Goliath Resources Ltd. (GNG) holds total assets worth CA$1.23 Million CAD (≈ $887.65K USD) as of May 2026. 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.

Golden Goliath Resources Ltd. - Total Assets Trend (2001–2025)

This chart illustrates how Golden Goliath Resources Ltd.'s total assets have evolved over time, based on quarterly financial data. Also see GNG company net worth for the company's overall valuation and market capitalisation.

Golden Goliath Resources Ltd. - Asset Composition Analysis

Current Asset Composition (August 2025)

Golden Goliath Resources Ltd.'s total assets of CA$1.23 Million consist of 2.4% current assets and 97.6% non-current assets. Review Golden Goliath Resources Ltd. total liabilities to assess the company's total debt and financial obligations.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 2.0%
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 (2001–2025)

This chart illustrates how Golden Goliath Resources 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. See Golden Goliath Resources Ltd. stock price for real-time trading data and today's change.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Golden Goliath Resources Ltd.'s current assets represent 2.4% of total assets in 2025, a decrease from 50.0% in 2001.
  • Cash Position: Cash and equivalents constituted 2.0% of total assets in 2025, down from 46.2% in 2001.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Golden Goliath Resources Ltd. Competitors by Total Assets

Key competitors of Golden Goliath Resources Ltd. based on total assets are shown below.

Company Country Total Assets
China Northern Rare Earth Group High-Tech Co Ltd
SHG:600111
China CN¥51.72 Billion
Fortescue Ltd
AU:FMG
Australia AU$31.37 Billion
Yunnan Lincang Xinyuan Germanium Industrial Co Ltd
SHE:002428
China CN¥3.49 Billion
Almonty Industries Inc
AU:AII
Australia AU$589.73 Million
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
China CN¥3.58 Billion
IGO Ltd
AU:IGO
Australia AU$2.30 Billion
Pilbara Minerals Ltd
AU:PLS
Australia AU$4.70 Billion
Altius Minerals Corporation
TO:ALS
Canada CA$1.47 Billion

Golden Goliath Resources 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 0.76 0.05 5.46
Quick Ratio 0.76 0.05 5.46
Cash Ratio 0.00 0.00 0.00
Working Capital CA$-93.85K CA$-493.71K CA$1.62 Million

Golden Goliath Resources Ltd. - Advanced Valuation Insights

This section examines the relationship between Golden Goliath Resources 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 5.20
Latest Market Cap to Assets Ratio 3.68
Asset Growth Rate (YoY) -13.2%
Total Assets CA$854.01K
Market Capitalization $3.15 Million USD

Valuation Analysis

Premium Asset Valuation: The market values Golden Goliath Resources Ltd.'s assets at a significant premium (3.68x), suggesting investors see substantial growth potential or unique competitive advantages.

Significant Asset Reduction: Golden Goliath Resources Ltd.'s assets decreased by 13.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Golden Goliath Resources Ltd. (2001–2025)

The table below shows the annual total assets of Golden Goliath Resources Ltd. from 2001 to 2025.

Year Total Assets Change
2025-08-31 CA$854.01K
≈ $617.77K
-13.18%
2024-08-31 CA$983.64K
≈ $711.55K
-76.38%
2023-08-31 CA$4.16 Million
≈ $3.01 Million
-4.94%
2022-08-31 CA$4.38 Million
≈ $3.17 Million
-9.30%
2021-08-31 CA$4.83 Million
≈ $3.49 Million
+14.15%
2020-08-31 CA$4.23 Million
≈ $3.06 Million
+102.87%
2019-08-31 CA$2.09 Million
≈ $1.51 Million
-22.17%
2018-08-31 CA$2.68 Million
≈ $1.94 Million
-7.18%
2017-08-31 CA$2.89 Million
≈ $2.09 Million
-5.93%
2016-08-31 CA$3.07 Million
≈ $2.22 Million
-16.22%
2015-08-31 CA$3.66 Million
≈ $2.65 Million
-1.06%
2014-08-31 CA$3.70 Million
≈ $2.68 Million
-49.14%
2013-08-31 CA$7.28 Million
≈ $5.27 Million
-20.43%
2012-08-31 CA$9.15 Million
≈ $6.62 Million
-23.90%
2011-08-31 CA$12.02 Million
≈ $8.70 Million
+17.50%
2010-08-31 CA$10.23 Million
≈ $7.40 Million
+24.45%
2009-08-31 CA$8.22 Million
≈ $5.95 Million
-23.84%
2008-08-31 CA$10.80 Million
≈ $7.81 Million
-4.04%
2007-08-31 CA$11.25 Million
≈ $8.14 Million
+137.39%
2006-08-31 CA$4.74 Million
≈ $3.43 Million
+36.86%
2005-08-31 CA$3.46 Million
≈ $2.50 Million
-21.47%
2004-08-31 CA$4.41 Million
≈ $3.19 Million
+16.37%
2003-08-31 CA$3.79 Million
≈ $2.74 Million
-17.03%
2002-08-31 CA$4.57 Million
≈ $3.30 Million
+16.91%
2001-08-31 CA$3.91 Million
≈ $2.83 Million
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About Golden Goliath Resources Ltd.

V:GNG Canada Other Industrial Metals & Mining
Market Cap
$3.15 Million
CA$4.35 Million CAD
Market Cap Rank
#29472 Global
#1385 in Canada
Share Price
CA$0.08
Change (1 day)
+6.67%
52-Week Range
CA$0.05 - CA$0.18
All Time High
CA$2.52
About

Golden Goliath Resources Ltd. engages in the acquisition and exploration of rare earth element in Canada and Mexico. The company explores and develops gold, cerium, lantanum, neodymium, praseodymium, vanadium, and rubidium properties. It holds a 100% interest in the Wish Ore Property in the townships of 50 miles north of Sault Ste Marie, Ontario; and the KWAI property located in Red Lake, Ontario… Read more