Providence Gold Mines (PHD) - Total Assets
Based on the latest financial reports, Providence Gold Mines (PHD) holds total assets worth CA$42.63K CAD (≈ $30.84K USD) 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. Explore how well can Providence Gold Mines service its debt to assess how comfortably operating cash covers total debt obligations.
Providence Gold Mines - Total Assets Trend (2013–2024)
This chart illustrates how Providence Gold Mines's total assets have evolved over time, based on quarterly financial data. See Providence Gold Mines book value and equity for net asset value and shareholders' equity analysis.
Providence Gold Mines - Asset Composition Analysis
Current Asset Composition (December 2024)
Providence Gold Mines's total assets of CA$42.63K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 5.8% |
| 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 (2013–2024)
This chart illustrates how Providence Gold Mines'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 PHD stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Providence Gold Mines's current assets represent 100.0% of total assets in 2024, an increase from 76.1% in 2013.
- Cash Position: Cash and equivalents constituted 5.8% of total assets in 2024, down from 16.0% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Providence Gold Mines Competitors by Total Assets
Key competitors of Providence Gold Mines based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AngloGold Ashanti Ltd
JSE:ANG
|
South Africa | ZAC15.77 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$9.85 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Gold Fields Ltd
JSE:GFI
|
South Africa | ZAC10.86 Billion |
|
Dpm Metals Inc.
AU:DPM
|
Australia | AU$3.08 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
|
G Mining Ventures Corp.
TO:GMIN
|
Canada | CA$1.95 Billion |
|
OceanaGold Corporation
F:RQQ
|
Germany | €2.78 Billion |
Providence Gold Mines - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.08 | 0.03 | 8.17 |
| Quick Ratio | 0.08 | 0.03 | 8.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-228.57K | CA$-104.29K | CA$502.93K |
Providence Gold Mines - Advanced Valuation Insights
This section examines the relationship between Providence Gold Mines'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 | 0.49 |
| Latest Market Cap to Assets Ratio | 33.96 |
| Asset Growth Rate (YoY) | -97.7% |
| Total Assets | CA$60.33K |
| Market Capitalization | $2.05 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Providence Gold Mines's assets at a significant premium (33.96x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Providence Gold Mines's assets decreased by 97.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Providence Gold Mines (2013–2024)
The table below shows the annual total assets of Providence Gold Mines from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$60.33K ≈ $43.64K |
-97.69% |
| 2023-12-31 | CA$2.61 Million ≈ $1.89 Million |
-0.11% |
| 2022-12-31 | CA$2.62 Million ≈ $1.89 Million |
-2.46% |
| 2021-12-31 | CA$2.68 Million ≈ $1.94 Million |
-8.73% |
| 2020-12-31 | CA$2.94 Million ≈ $2.13 Million |
+36.80% |
| 2019-12-31 | CA$2.15 Million ≈ $1.55 Million |
+22.05% |
| 2018-12-31 | CA$1.76 Million ≈ $1.27 Million |
+91.00% |
| 2017-12-31 | CA$921.58K ≈ $666.66K |
+4155.16% |
| 2016-12-31 | CA$21.66K ≈ $15.67K |
-63.89% |
| 2015-12-31 | CA$59.97K ≈ $43.38K |
-94.94% |
| 2014-12-31 | CA$1.19 Million ≈ $857.32K |
+101.79% |
| 2013-12-31 | CA$587.33K ≈ $424.86K |
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About Providence Gold Mines
Providence Gold Mines Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties located in Canada and the United States. The company was formerly known as Red Hut Metals Inc. and changed its name to Providence Gold Mines Inc. in July 2017. Providence Gold Mines Inc. was incorporated in 2010 and is based in Surrey, Canada.