Norrland Gold Corp (NORR) - Total Assets
Based on the latest financial reports, Norrland Gold Corp (NORR) holds total assets worth CA$547.84K CAD (≈ $396.30K USD) as of December 2024. 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.
Norrland Gold Corp - Total Assets Trend (2021–2024)
This chart illustrates how Norrland Gold Corp's total assets have evolved over time, based on quarterly financial data. Also see NORR company net worth for the company's overall valuation and market capitalisation.
Norrland Gold Corp - Asset Composition Analysis
Current Asset Composition (March 2024)
Norrland Gold Corp's total assets of CA$547.84K consist of 48.5% current assets and 51.5% non-current assets. Review NORR total debt and obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 47.6% |
| Accounts Receivable | CA$2.64K | 0.4% |
| 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 (2021–2024)
This chart illustrates how Norrland 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. See NORR live share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Norrland Gold Corp's current assets represent 48.5% of total assets in 2024, an increase from 0.0% in 2021.
- Cash Position: Cash and equivalents constituted 47.6% of total assets in 2024, up from 0.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Norrland Gold Corp Competitors by Total Assets
Key competitors of Norrland Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B
|
USA | $52.62 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$12.16 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Shandong Gold Mining Co Ltd
SHG:600547
|
China | CN¥177.31 Billion |
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$51.48 Billion |
|
IAMGold Corporation
TO:IMG
|
Canada | CA$5.38 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
|
Dundee Precious Metals Inc
TO:DPM
|
Canada | CA$3.20 Billion |
Norrland 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 | 3.49 | 4.37 | 1.19 |
| Quick Ratio | 3.49 | 4.37 | 1.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$69.45K | CA$354.91K | CA$200.17K |
Norrland Gold Corp - Advanced Valuation Insights
This section examines the relationship between Norrland 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 | 1.98 |
| Latest Market Cap to Assets Ratio | 0.98 |
| Asset Growth Rate (YoY) | -33.5% |
| Total Assets | CA$763.91K |
| Market Capitalization | $746.53K USD |
Valuation Analysis
Near Book Valuation: The market values Norrland Gold Corp's assets close to their book value (0.98x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Norrland Gold Corp's assets decreased by 33.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Norrland Gold Corp (2021–2024)
The table below shows the annual total assets of Norrland Gold Corp from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | CA$763.91K ≈ $552.60K |
-33.52% |
| 2023-03-31 | CA$1.15 Million ≈ $831.20K |
-29.41% |
| 2022-03-31 | CA$1.63 Million ≈ $1.18 Million |
+5518.09% |
| 2021-03-31 | CA$28.97K ≈ $20.96K |
-- |
About Norrland Gold Corp
Great Plains Metals Corp., a precious metals exploration company, focuses on the acquisition and exploration of gold ores in Sweden. The company owns 100% interest in the Vittanträsket tenement covering an area of approximately 3,741 hectares located in the county of Vasterbotten. It also holds interest in the Pingisvaara tenement covering an area of approximately 900 hectares located in Kiruna M… Read more