Nevada King Gold Corp Total Assets
Nevada King Gold Corp total assets. Based on the latest financial reports, Nevada King Gold Corp (NKG) holds total assets worth CA$19.70 Million CAD (≈ $14.25 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 NKG stock market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Nevada King Gold Corp (2018–2026)
Total assets of Nevada King Gold Corp from 2018 to 2026. This chart illustrates how Nevada King Gold Corp's total assets have evolved over time, based on quarterly financial data. See Nevada King Gold Corp (NKG) share price today for real-time trading data and today's change.
Nevada King Gold Corp - Asset Composition Analysis
Nevada King Gold Corp Total Assets Breakdown (March 2026)
Nevada King Gold Corp total assets breakdown as of March 2026. Nevada King Gold Corp's total assets of CA$19.70 Million consist of 24.1% current assets and 75.9% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 22.0% |
| Accounts Receivable | CA$19.88K | 0.1% |
| 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 (2018–2026)
This chart illustrates how Nevada King 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 Nevada King Gold Corp (NKG) liquidity to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nevada King Gold Corp's current assets represent 24.1% of total assets in 2026, an increase from 20.3% in 2018.
- Cash Position: Cash and equivalents constituted 22.0% of total assets in 2026, down from 100.0% 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 accounts receivable at 0.1% of total assets.
Nevada King Gold Corp Competitors by Total Assets
Key competitors of Nevada King Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Rio Tinto Group
F:RIOA
|
Germany | €128.10 Billion |
|
China Molybdenum Co. Ltd
F:D7N
|
Germany | €227.74 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥63.81 Billion |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.65 Billion |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378
|
China | CN¥9.17 Billion |
|
Tibet Mineral Development Co Ltd
SHE:000762
|
China | CN¥7.42 Billion |
|
Perenti Ltd
AU:PRN
|
Australia | AU$3.16 Billion |
Nevada King 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 | 17.96 | 5.51 | 100.00 |
| Quick Ratio | 17.96 | 5.51 | 100.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$4.48 Million | CA$2.86 Million | CA$22.10 Million |
Nevada King Gold Corp - Advanced Valuation Insights
This section examines the relationship between Nevada King 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 | 3.77 |
| Latest Market Cap to Assets Ratio | 2.40 |
| Asset Growth Rate (YoY) | 10.0% |
| Total Assets | CA$19.70 Million |
| Market Capitalization | $47.19 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Nevada King Gold Corp's assets at a significant premium (2.40x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Nevada King Gold Corp's assets grew by 10.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Nevada King Gold Corp (2018–2026)
The table below shows the annual total assets of Nevada King Gold Corp from 2018 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | CA$19.70 Million ≈ $14.25 Million |
+10.03% |
| 2025-03-31 | CA$17.91 Million ≈ $12.95 Million |
-50.54% |
| 2024-03-31 | CA$36.21 Million ≈ $26.19 Million |
-3.87% |
| 2023-03-31 | CA$37.66 Million ≈ $27.25 Million |
-49.61% |
| 2022-03-31 | CA$74.75 Million ≈ $54.07 Million |
+161.71% |
| 2021-03-31 | CA$28.56 Million ≈ $20.66 Million |
+203.79% |
| 2020-03-31 | CA$9.40 Million ≈ $6.80 Million |
+18.72% |
| 2019-03-31 | CA$7.92 Million ≈ $5.73 Million |
+739.01% |
| 2018-03-31 | CA$943.88K ≈ $682.79K |
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About Nevada King Gold Corp
Nevada King Gold Corp. engages in the acquisition, exploration, and evaluation of resource properties in Nevada and the United States. It holds 100% interest in the Atlanta Gold Mine Project, an open-pit gold mine covering 130 square kilometer area located in Nevada. The company was formerly known as Victory Metals Inc. and changed its name to Nevada King Gold Corp. in April 2021. Nevada King Gol… Read more