Gold Basin Resources Corp (GXX) - Total Assets
Based on the latest financial reports, Gold Basin Resources Corp (GXX) holds total assets worth CA$21.24 Million CAD (≈ $15.36 Million USD) as of September 2024. 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 Gold Basin Resources Corp book value and equity for net asset value and shareholders' equity analysis.
Gold Basin Resources Corp - Total Assets Trend (2018–2023)
This chart illustrates how Gold Basin Resources Corp's total assets have evolved over time, based on quarterly financial data.
Gold Basin Resources Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Gold Basin Resources Corp's total assets of CA$21.24 Million consist of 0.9% current assets and 99.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.3% |
| 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 (2018–2023)
This chart illustrates how Gold Basin Resources Corp'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 GXX stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gold Basin Resources Corp's current assets represent 0.9% of total assets in 2023, a decrease from 24.0% in 2018.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2023, down from 23.3% 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.
Gold Basin Resources Corp Competitors by Total Assets
Key competitors of Gold Basin Resources Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$8.42 Billion |
|
Gold Fields Ltd
JSE:GFI
|
South Africa | ZAC10.86 Billion |
|
Pan American Silver Corp
TO:PAAS
|
Canada | CA$9.72 Billion |
|
Agnico Eagle Mines Limited
TO:AEM
|
Canada | CA$34.41 Billion |
|
Zhongjin Gold Corp Ltd
SHG:600489
|
China | CN¥63.46 Billion |
|
Evolution Mining Ltd
AU:EVN
|
Australia | AU$10.02 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Dundee Precious Metals Inc
TO:DPM
|
Canada | CA$3.08 Billion |
Gold Basin Resources Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.38 | 3.48 | 5.87 |
| Quick Ratio | 0.38 | 3.48 | 5.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-1.17 Million | CA$300.44K | CA$1.95 Million |
Gold Basin Resources Corp - Advanced Valuation Insights
This section examines the relationship between Gold Basin Resources Corp'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 | 0.30 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 0.8% |
| Total Assets | CA$19.65 Million |
| Market Capitalization | $4.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gold Basin Resources Corp's assets below their book value (0.22x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Gold Basin Resources Corp's assets grew by 0.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Gold Basin Resources Corp (2018–2023)
The table below shows the annual total assets of Gold Basin Resources Corp from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CA$19.65 Million ≈ $14.22 Million |
+0.84% |
| 2022-12-31 | CA$19.49 Million ≈ $14.10 Million |
+0.63% |
| 2021-12-31 | CA$19.37 Million ≈ $14.01 Million |
+22.99% |
| 2020-12-31 | CA$15.75 Million ≈ $11.39 Million |
+5028.39% |
| 2019-12-31 | CA$307.05K ≈ $222.11K |
+96.10% |
| 2018-12-31 | CA$156.58K ≈ $113.27K |
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About Gold Basin Resources Corp
Gold Basin Resources Corporation engages in the acquisition, exploration, and development of mineral property assets in North America. The company explores for gold deposits. It primarily holds interest in the Gold Basin property, which comprises five mineral rights and 294 unpatented mining claims, covering an area of 7,669.34 acres located in Mohave County, Arizona. The company was formerly kno… Read more