Goldflare Exploration Inc (GOFL) - Total Assets
Based on the latest financial reports, Goldflare Exploration Inc (GOFL) holds total assets worth CA$3.61 Million CAD (≈ $2.61 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 GOFL net asset value for net asset value and shareholders' equity analysis.
Goldflare Exploration Inc - Total Assets Trend (2018–2024)
This chart illustrates how Goldflare Exploration Inc's total assets have evolved over time, based on quarterly financial data.
Goldflare Exploration Inc - Asset Composition Analysis
Current Asset Composition (February 2024)
Goldflare Exploration Inc's total assets of CA$3.61 Million consist of 7.1% current assets and 92.9% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 5.3% |
| 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 (2018–2024)
This chart illustrates how Goldflare Exploration 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 GOFL stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Goldflare Exploration Inc's current assets represent 7.1% of total assets in 2024, an increase from 4.8% in 2018.
- Cash Position: Cash and equivalents constituted 5.3% of total assets in 2024, up from 0.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Goldflare Exploration Inc Competitors by Total Assets
Key competitors of Goldflare Exploration Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
|
Aris Mining Corporation
TO:ARIS
|
Canada | CA$2.72 Billion |
|
Franco-Nevada Corporation
TO:FNV
|
Canada | CA$8.23 Billion |
|
Gold Fields Ltd
JSE:GFI
|
South Africa | ZAC10.86 Billion |
|
Pan American Silver Corp
TO:PAAS
|
Canada | CA$9.72 Billion |
|
Lundin Gold Inc
TO:LUG
|
Canada | CA$1.64 Billion |
|
Harmony Gold Mining Company Ltd
BA:HMY
|
Argentina | AR$68.90 Billion |
|
Agnico Eagle Mines Limited
TO:AEM
|
Canada | CA$35.16 Billion |
Goldflare Exploration Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.37 | 0.43 | 9.66 |
| Quick Ratio | 0.37 | 0.43 | 9.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-202.61K | CA$-68.54K | CA$1.52 Million |
Goldflare Exploration Inc - Advanced Valuation Insights
This section examines the relationship between Goldflare Exploration 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 | 0.40 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 0.9% |
| Total Assets | CA$3.80 Million |
| Market Capitalization | $752.85K USD |
Valuation Analysis
Below Book Valuation: The market values Goldflare Exploration Inc's assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Goldflare Exploration Inc's assets grew by 0.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Goldflare Exploration Inc (2018–2024)
The table below shows the annual total assets of Goldflare Exploration Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-02-29 | CA$3.80 Million ≈ $2.75 Million |
+0.95% |
| 2023-02-28 | CA$3.76 Million ≈ $2.72 Million |
+32.73% |
| 2022-02-28 | CA$2.83 Million ≈ $2.05 Million |
+1.98% |
| 2021-02-28 | CA$2.78 Million ≈ $2.01 Million |
+70.78% |
| 2020-02-29 | CA$1.63 Million ≈ $1.18 Million |
-39.38% |
| 2019-02-28 | CA$2.68 Million ≈ $1.94 Million |
-81.01% |
| 2018-02-28 | CA$14.13 Million ≈ $10.22 Million |
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About Goldflare Exploration Inc
Goldflare Exploration Inc. engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for gold deposits. The company was formerly known as Typhoon Exploration Inc. and changed its name to Goldflare Exploration Inc. in September 2021. Goldflare Exploration Inc. was incorporated in 1998 and is headquartered in Piedmont, Canada.