Magnum Goldcorp Inc (MGI) - Total Assets
Based on the latest financial reports, Magnum Goldcorp Inc (MGI) holds total assets worth CA$49.19K CAD (≈ $35.58K 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. Explore cash flow to debt ratio of Magnum Goldcorp Inc to assess how comfortably operating cash covers total debt obligations.
Magnum Goldcorp Inc - Total Assets Trend (2014–2025)
This chart illustrates how Magnum Goldcorp Inc's total assets have evolved over time, based on quarterly financial data. See MGI net assets for net asset value and shareholders' equity analysis.
Magnum Goldcorp Inc - Asset Composition Analysis
Current Asset Composition (May 2025)
Magnum Goldcorp Inc's total assets of CA$49.19K consist of 83.9% current assets and 16.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 78.7% |
| Accounts Receivable | CA$5.71K | 3.0% |
| 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 (2014–2025)
This chart illustrates how Magnum Goldcorp 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 market cap of Magnum Goldcorp Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Magnum Goldcorp Inc's current assets represent 83.9% of total assets in 2025, an increase from 76.1% in 2014.
- Cash Position: Cash and equivalents constituted 78.7% of total assets in 2025, up from 69.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 3.0% of total assets.
Magnum Goldcorp Inc Competitors by Total Assets
Key competitors of Magnum Goldcorp Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AngloGold Ashanti Ltd
JSE:ANG
|
South Africa | ZAC15.77 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$9.85 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Gold Fields Ltd
JSE:GFI
|
South Africa | ZAC10.86 Billion |
|
Dpm Metals Inc.
AU:DPM
|
Australia | AU$3.08 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
|
G Mining Ventures Corp.
TO:GMIN
|
Canada | CA$1.95 Billion |
|
OceanaGold Corporation
F:RQQ
|
Germany | €2.78 Billion |
Magnum Goldcorp Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.20 | 0.04 | 0.01 |
| Quick Ratio | 0.20 | 0.04 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-72.38K | CA$-138.25K | CA$-368.77K |
Magnum Goldcorp Inc - Advanced Valuation Insights
This section examines the relationship between Magnum Goldcorp 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 | 0.11 |
| Latest Market Cap to Assets Ratio | 4.43 |
| Asset Growth Rate (YoY) | -94.7% |
| Total Assets | CA$191.06K |
| Market Capitalization | $847.35K USD |
Valuation Analysis
Premium Asset Valuation: The market values Magnum Goldcorp Inc's assets at a significant premium (4.43x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Magnum Goldcorp Inc's assets decreased by 94.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Magnum Goldcorp Inc (2014–2025)
The table below shows the annual total assets of Magnum Goldcorp Inc from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | CA$191.06K ≈ $138.21K |
-94.71% |
| 2024-05-31 | CA$3.61 Million ≈ $2.61 Million |
-0.48% |
| 2023-05-31 | CA$3.63 Million ≈ $2.63 Million |
-2.50% |
| 2022-05-31 | CA$3.72 Million ≈ $2.69 Million |
+20.17% |
| 2021-05-31 | CA$3.10 Million ≈ $2.24 Million |
-0.43% |
| 2020-05-31 | CA$3.11 Million ≈ $2.25 Million |
+3.53% |
| 2019-05-31 | CA$3.01 Million ≈ $2.17 Million |
+0.29% |
| 2018-05-31 | CA$3.00 Million ≈ $2.17 Million |
+9.35% |
| 2017-05-31 | CA$2.74 Million ≈ $1.98 Million |
+0.76% |
| 2016-05-31 | CA$2.72 Million ≈ $1.97 Million |
+488.81% |
| 2015-05-31 | CA$462.04K ≈ $334.23K |
-22.06% |
| 2014-05-31 | CA$592.84K ≈ $428.85K |
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About Magnum Goldcorp Inc
Magnum Goldcorp Inc. engages in the acquisition, exploration, and development of mineral resource properties in Canada. It owns a 100% interest in the LH gold property, which consists of 19 contiguous crown granted claims and 7 mineral claims located to the south of the village of Silverton, British Columbia. The company was formerly known as Magnum Capital Corp. and changed its name to Magnum Go… Read more