Goldflare Exploration Inc Total Assets
Goldflare Exploration Inc total assets. Based on the latest financial reports, Goldflare Exploration Inc (GOFL) holds total assets worth CA$3.55 Million CAD (≈ $2.57 Million USD) as of February 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. Also see Goldflare Exploration Inc (GOFL) market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Goldflare Exploration Inc (2018–2026)
Total assets of Goldflare Exploration Inc from 2018 to 2026. This chart illustrates how Goldflare Exploration Inc's total assets have evolved over time, based on quarterly financial data. See current stock price of Goldflare Exploration Inc for real-time trading data and today's change.
Goldflare Exploration Inc - Asset Composition Analysis
Goldflare Exploration Inc Total Assets Breakdown (February 2026)
Goldflare Exploration Inc total assets breakdown as of February 2026. Goldflare Exploration Inc's total assets of CA$3.55 Million consist of 3.2% current assets and 96.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.9% |
| 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 (2018–2026)
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. Explore GOFL net working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Goldflare Exploration Inc's current assets represent 3.2% of total assets in 2026, a decrease from 4.8% in 2018.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2026, 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 |
|---|---|---|
|
Newmont Corporation
AU:NEM
|
Australia | AU$57.67 Billion |
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$52.26 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$12.16 Billion |
|
Evolution Mining Ltd
AU:EVN
|
Australia | AU$10.02 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
|
Dundee Precious Metals Inc
TO:DPM
|
Canada | CA$3.20 Billion |
|
Perseus Mining Ltd
AU:PRU
|
Australia | AU$2.93 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$3.60 Billion |
Goldflare Exploration Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.22 | 1.46 | 10.15 |
| Quick Ratio | 0.22 | 1.46 | 10.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-415.80K | CA$46.62K | CA$854.36K |
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 | 0.22 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -6.4% |
| Total Assets | CA$3.55 Million |
| Market Capitalization | $564.64K USD |
Valuation Analysis
Below Book Valuation: The market values Goldflare Exploration Inc's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Goldflare Exploration Inc's assets decreased by 6.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Goldflare Exploration Inc (2018–2026)
The table below shows the annual total assets of Goldflare Exploration Inc from 2018 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-02-28 | CA$3.55 Million ≈ $2.57 Million |
-6.44% |
| 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. It holds interests in the Aiguebelle-Goldfields property consists of 6 mining claims that covers approximately 253.85 hectares located in the Rouyn-Noranda, Abitibi-Temiscamingue region; and Syenite Condor Property consists of 15 mining claims… Read more