Mayfair Gold Corp (MFG) - Total Assets
Based on the latest financial reports, Mayfair Gold Corp (MFG) holds total assets worth CA$56.75 Million CAD as of September 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.
Mayfair Gold Corp - Total Assets Trend (2019–2024)
This chart illustrates how Mayfair Gold Corp's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mayfair Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Mayfair Gold Corp's total assets of CA$56.75 Million consist of 40.6% current assets and 59.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 38.9% |
| 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 (2019–2024)
This chart illustrates how Mayfair 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mayfair Gold Corp's current assets represent 40.6% of total assets in 2024, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 38.9% of total assets in 2024, down from 100.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Mayfair Gold Corp Competitors by Total Assets
Key competitors of Mayfair Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Resource Base Ltd
AU:RBX
|
Australia | AU$1.81 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
|
AMIGO HLDGS PLC. LS-0025
F:0VG
|
Germany | €46.30 Million |
|
Asante Gold Corporation
F:1A9
|
Germany | €913.08 Million |
|
American Pacific Mining Corp
F:1QC1
|
Germany | €39.92 Million |
|
SITKA GOLD CORP
F:1RF
|
Germany | €70.38 Million |
Mayfair 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 | 35.71 | 15.02 | 6.40 |
| Quick Ratio | 35.71 | 15.02 | 6.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$41.04 Million | CA$5.45 Million | CA$1.83 Million |
Mayfair Gold Corp - Advanced Valuation Insights
This section examines the relationship between Mayfair 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 | 6.49 |
| Latest Market Cap to Assets Ratio | 8.58 |
| Asset Growth Rate (YoY) | -14.1% |
| Total Assets | CA$24.49 Million |
| Market Capitalization | $210.19 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Mayfair Gold Corp's assets at a significant premium (8.58x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Mayfair Gold Corp's assets decreased by 14.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mayfair Gold Corp (2019–2024)
The table below shows the annual total assets of Mayfair Gold Corp from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$24.49 Million | -14.05% |
| 2023-12-31 | CA$28.49 Million | +30.66% |
| 2022-12-31 | CA$21.81 Million | -20.32% |
| 2021-12-31 | CA$27.37 Million | +65.56% |
| 2020-12-31 | CA$16.53 Million | +1653098400.00% |
| 2019-12-31 | CA$1.00 | -- |
About Mayfair Gold Corp
Mayfair Gold Corp. acquires, explores, evaluates, and develops mineral properties. It holds 100% interests in the Fenn-Gib gold project with 21 fee simple patented properties, 153 patented leasehold mining claims, and 144 unpatented mining claims covering an area of approximately 4,800 hectares located in the Guibord, Munro, Michaud, and McCool Townships in northeast Ontario, Canada. The company … Read more