Nevada King Gold Corp (NKG) - Total Assets
Based on the latest financial reports, Nevada King Gold Corp (NKG) holds total assets worth CA$21.58 Million CAD (≈ $15.61 Million USD) as of December 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. See net assets of Nevada King Gold Corp for net asset value and shareholders' equity analysis.
Nevada King Gold Corp - Total Assets Trend (2018–2025)
This chart illustrates how Nevada King Gold Corp's total assets have evolved over time, based on quarterly financial data.
Nevada King Gold Corp - Asset Composition Analysis
Current Asset Composition (March 2025)
Nevada King Gold Corp's total assets of CA$21.58 Million consist of 19.5% current assets and 80.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 18.4% |
| Accounts Receivable | CA$27.15K | 0.2% |
| 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 (2018–2025)
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. For live market cap, price, and company overview, see NKG stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nevada King Gold Corp's current assets represent 19.5% of total assets in 2025, a decrease from 20.3% in 2018.
- Cash Position: Cash and equivalents constituted 18.4% of total assets in 2025, 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 0.2% 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 |
|---|---|---|
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥53.18 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961
|
China | CN¥8.95 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Shandong Humon Smelting Co Ltd
SHE:002237
|
China | CN¥36.97 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 | 76.97 | 13.77 | 122.45 |
| Quick Ratio | 76.97 | 13.77 | 122.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$6.58 Million | CA$5.96 Million | CA$19.00 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 | 4.74 |
| Latest Market Cap to Assets Ratio | 4.45 |
| Asset Growth Rate (YoY) | -50.5% |
| Total Assets | CA$17.91 Million |
| Market Capitalization | $79.76 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Nevada King Gold Corp's assets at a significant premium (4.45x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Nevada King Gold Corp's assets decreased by 50.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nevada King Gold Corp (2018–2025)
The table below shows the annual total assets of Nevada King Gold Corp from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 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, the United States. It holds interests in the Atlanta Gold Mine Project, an open-pit gold mine 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 Gold Corp. is based in Vancouver, Canada.