Golden Goliath Resources Ltd. (GNG) - Total Assets
Based on the latest financial reports, Golden Goliath Resources Ltd. (GNG) holds total assets worth CA$1.75 Million CAD (≈ $1.27 Million USD) as of November 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 GNG book value for net asset value and shareholders' equity analysis.
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.
Golden Goliath Resources Ltd. - Asset Composition Analysis
Current Asset Composition (August 2025)
Golden Goliath Resources Ltd.'s total assets of CA$1.75 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 | 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. For live market cap, price, and company overview, see GNG stock market capitalisation.
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 |
|---|---|---|
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$44.55 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥25.91 Billion |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.56 Billion |
|
Evolution Metals & Technologies Corp. Common Stock
NASDAQ:EMAT
|
USA | $6.57 Million |
|
Tibet Summit Resources Co Ltd
SHG:600338
|
China | CN¥6.67 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 | 1.41 | 0.41 | 15.14 |
| Quick Ratio | 1.41 | 0.41 | 15.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$266.39K | CA$-238.56K | CA$2.40 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 | 5.15 |
| Latest Market Cap to Assets Ratio | 5.23 |
| Asset Growth Rate (YoY) | -13.2% |
| Total Assets | CA$854.01K |
| Market Capitalization | $4.46 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Golden Goliath Resources Ltd.'s assets at a significant premium (5.23x), 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 |
-- |
About Golden Goliath Resources Ltd.
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