Majestic Gold Corp. (MJS) - Total Assets
Based on the latest financial reports, Majestic Gold Corp. (MJS) holds total assets worth CA$274.64 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.
Majestic Gold Corp. - Total Assets Trend (2001–2024)
This chart illustrates how Majestic Gold Corp.'s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Majestic Gold Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Majestic Gold Corp.'s total assets of CA$274.64 Million consist of 56.3% current assets and 43.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 6.3% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$2.51 Million | 1.3% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2001–2024)
This chart illustrates how Majestic 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: Majestic Gold Corp.'s current assets represent 56.3% of total assets in 2024, an increase from 0.0% in 2001.
- Cash Position: Cash and equivalents constituted 6.3% of total assets in 2024, up from 0.0% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is inventory at 1.3% of total assets.
Majestic Gold Corp. Competitors by Total Assets
Key competitors of Majestic 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 |
Majestic 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 | 2.41 | 5.37 | 1.21 |
| Quick Ratio | 2.32 | 5.25 | 1.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$68.03 Million | CA$88.47 Million | CA$6.78 Million |
Majestic Gold Corp. - Advanced Valuation Insights
This section examines the relationship between Majestic 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 | 0.91 |
| Latest Market Cap to Assets Ratio | 0.58 |
| Asset Growth Rate (YoY) | 0.4% |
| Total Assets | CA$187.93 Million |
| Market Capitalization | $109.37 Million USD |
Valuation Analysis
Below Book Valuation: The market values Majestic Gold Corp.'s assets below their book value (0.58x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Majestic Gold Corp.'s assets grew by 0.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Majestic Gold Corp. (2001–2024)
The table below shows the annual total assets of Majestic Gold Corp. from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$187.93 Million | +0.37% |
| 2023-12-31 | CA$187.23 Million | +34.11% |
| 2022-12-31 | CA$139.61 Million | +9.04% |
| 2021-12-31 | CA$128.04 Million | +1.04% |
| 2020-12-31 | CA$126.72 Million | +5.53% |
| 2019-12-31 | CA$120.08 Million | -2.88% |
| 2018-12-31 | CA$123.64 Million | +16.95% |
| 2017-12-31 | CA$105.73 Million | +13.31% |
| 2016-12-31 | CA$93.31 Million | -2.48% |
| 2015-12-31 | CA$95.68 Million | -1.08% |
| 2014-12-31 | CA$96.73 Million | -8.09% |
| 2013-12-31 | CA$105.24 Million | -4.77% |
| 2012-12-31 | CA$110.51 Million | +130.39% |
| 2011-12-31 | CA$47.97 Million | +114.98% |
| 2010-12-31 | CA$22.31 Million | +44.64% |
| 2009-12-31 | CA$15.43 Million | -9.51% |
| 2008-12-31 | CA$17.05 Million | +18.77% |
| 2007-12-31 | CA$14.35 Million | +38.22% |
| 2006-12-31 | CA$10.38 Million | +17.90% |
| 2005-12-31 | CA$8.81 Million | +340.75% |
| 2004-12-31 | CA$2.00 Million | +213.60% |
| 2003-12-31 | CA$637.26K | +395.39% |
| 2002-12-31 | CA$128.64K | -30.05% |
| 2001-12-31 | CA$183.88K | -- |
About Majestic Gold Corp.
Majestic Gold Corp., a mining company, focuses on exploration, development, and operation of mining properties in China. The company primarily explores for gold ores. Its flagship project is the Songjiagou gold mine located in the Shandong Province of China. The company was incorporated in 1986 and is headquartered in Surrey, Canada.