Ongwe Minerals Inc.
Ongwe Minerals Inc. engages in exploration and development of gold in Egypt and Canada. The company's properties include mineral properties covering approximately 2,000 km sq within the Arabian-Nubian Shield. The company operates as a mineral exploration company focused on the discovery and advancement of significant mineral assets across Africa, with a particular focus on gold in Namibia. Its pr… Read more
Ongwe Minerals Inc. (OGW) - Total Assets
Latest total assets as of September 2025: CA$3.55 Million CAD
Based on the latest financial reports, Ongwe Minerals Inc. (OGW) holds total assets worth CA$3.55 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.
Ongwe Minerals Inc. - Total Assets Trend (2023–2024)
This chart illustrates how Ongwe Minerals Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ongwe Minerals Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Ongwe Minerals Inc.'s total assets of CA$3.55 Million consist of 87.9% current assets and 12.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 51.0% |
| Accounts Receivable | CA$0.00 | 0.0% |
| 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 (2023–2024)
This chart illustrates how Ongwe Minerals 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ongwe Minerals Inc.'s current assets represent 87.9% of total assets in 2024, an increase from 83.7% in 2023.
- Cash Position: Cash and equivalents constituted 51.0% of total assets in 2024, up from 46.0% in 2023.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2023.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Ongwe Minerals Inc. Competitors by Total Assets
Key competitors of Ongwe Minerals Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Ongwe Minerals Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Ongwe Minerals Inc. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ongwe Minerals Inc. is currently not profitable relative to its asset base.
Ongwe Minerals 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 | 1.00 | 1.27 | - |
| Quick Ratio | 1.00 | 1.27 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | CA$11.39K | CA$ 704.81K | - |
Ongwe Minerals Inc. - Advanced Valuation Insights
This section examines the relationship between Ongwe Minerals 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 | 108.41 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -26.0% |
| Total Assets | CA$3.79 Million |
| Market Capitalization | $7.16K USD |
Valuation Analysis
Below Book Valuation: The market values Ongwe Minerals Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ongwe Minerals Inc.'s assets decreased by 26.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ongwe Minerals Inc. (2023–2024)
The table below shows the annual total assets of Ongwe Minerals Inc. from 2023 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$3.79 Million | -25.99% |
| 2023-12-31 | CA$5.12 Million | -- |