Independence Gold Corp Total Assets
Independence Gold Corp total assets. Based on the latest financial reports, Independence Gold Corp (IGO) holds total assets worth CA$11.18 Million CAD (≈ $8.09 Million USD) as of March 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 Independence Gold Corp market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of Independence Gold Corp (2011–2025)
Total assets of Independence Gold Corp from 2011 to 2025. This chart illustrates how Independence Gold Corp's total assets have evolved over time, based on quarterly financial data. See Independence Gold Corp stock quote for real-time trading data and today's change.
Independence Gold Corp - Asset Composition Analysis
Independence Gold Corp Total Assets Breakdown (December 2025)
Independence Gold Corp total assets breakdown as of December 2025. Independence Gold Corp's total assets of CA$11.18 Million consist of 58.8% current assets and 41.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 57.9% |
| 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 (2011–2025)
This chart illustrates how Independence Gold 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. Explore Independence Gold Corp working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Independence Gold Corp's current assets represent 58.8% of total assets in 2025, an increase from 52.1% in 2011.
- Cash Position: Cash and equivalents constituted 57.9% of total assets in 2025, up from 46.5% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Independence Gold Corp Competitors by Total Assets
Key competitors of Independence Gold Corp 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 |
Independence Gold 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 | 4.62 | 6.25 | 4.95 |
| Quick Ratio | 4.62 | 6.25 | 4.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$5.17 Million | CA$6.46 Million | CA$985.69K |
Independence Gold Corp - Advanced Valuation Insights
This section examines the relationship between Independence Gold 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 | 3.38 |
| Latest Market Cap to Assets Ratio | 2.07 |
| Asset Growth Rate (YoY) | -23.9% |
| Total Assets | CA$11.04 Million |
| Market Capitalization | $22.91 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Independence Gold Corp's assets at a significant premium (2.07x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Independence Gold Corp's assets decreased by 23.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Independence Gold Corp (2011–2025)
The table below shows the annual total assets of Independence Gold Corp from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$11.04 Million ≈ $7.99 Million |
-23.85% |
| 2024-12-31 | CA$14.50 Million ≈ $10.49 Million |
+71.21% |
| 2023-12-31 | CA$8.47 Million ≈ $6.13 Million |
+31.13% |
| 2022-12-31 | CA$6.46 Million ≈ $4.67 Million |
-7.92% |
| 2021-12-31 | CA$7.01 Million ≈ $5.07 Million |
-51.29% |
| 2020-12-31 | CA$14.40 Million ≈ $10.42 Million |
+15.96% |
| 2019-12-31 | CA$12.42 Million ≈ $8.98 Million |
-4.20% |
| 2018-12-31 | CA$12.96 Million ≈ $9.38 Million |
-15.38% |
| 2017-12-31 | CA$15.32 Million ≈ $11.08 Million |
-12.00% |
| 2016-12-31 | CA$17.41 Million ≈ $12.59 Million |
-1.70% |
| 2015-12-31 | CA$17.71 Million ≈ $12.81 Million |
-14.73% |
| 2014-12-31 | CA$20.77 Million ≈ $15.02 Million |
-6.47% |
| 2013-12-31 | CA$22.20 Million ≈ $16.06 Million |
-16.58% |
| 2012-12-31 | CA$26.62 Million ≈ $19.25 Million |
-13.95% |
| 2011-12-31 | CA$30.93 Million ≈ $22.38 Million |
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About Independence Gold Corp
Independence Gold Corp. engages in the acquisition, exploration, and evaluation of precious metal properties in North America. It explores for gold and silver deposits. The company holds 100% interests in the 3Ts project comprising 34 claims and 8 properties covering an area of approximately 35,486 hectares located in the Nechako Plateau region of central British Columbia; TAY Property; and Boule… Read more