QcX Gold Corp (QCX) - Total Assets
Based on the latest financial reports, QcX Gold Corp (QCX) holds total assets worth CA$4.71 Million CAD (≈ $3.41 Million 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 QCX debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
QcX Gold Corp - Total Assets Trend (2016–2024)
This chart illustrates how QcX Gold Corp's total assets have evolved over time, based on quarterly financial data. See QcX Gold Corp (QCX) net assets for net asset value and shareholders' equity analysis.
QcX Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
QcX Gold Corp's total assets of CA$4.71 Million consist of 1.4% current assets and 98.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.3% |
| 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 (2016–2024)
This chart illustrates how QcX 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 QcX Gold Corp stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: QcX Gold Corp's current assets represent 1.4% of total assets in 2024, a decrease from 3.1% in 2016.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, up from 0.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
QcX Gold Corp Competitors by Total Assets
Key competitors of QcX Gold Corp 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 |
QcX 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 | 3.28 | 0.28 | 5.28 |
| Quick Ratio | 3.28 | 0.28 | 5.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$301.67K | CA$-73.16K | CA$1.61 Million |
QcX Gold Corp - Advanced Valuation Insights
This section examines the relationship between QcX 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 | 0.91 |
| Latest Market Cap to Assets Ratio | 0.50 |
| Asset Growth Rate (YoY) | -0.6% |
| Total Assets | CA$4.25 Million |
| Market Capitalization | $2.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values QcX Gold Corp's assets below their book value (0.50x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: QcX Gold Corp's assets decreased by 0.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for QcX Gold Corp (2016–2024)
The table below shows the annual total assets of QcX Gold Corp from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$4.25 Million ≈ $3.07 Million |
-0.62% |
| 2023-12-31 | CA$4.27 Million ≈ $3.09 Million |
+4.41% |
| 2022-12-31 | CA$4.09 Million ≈ $2.96 Million |
-3.32% |
| 2021-12-31 | CA$4.24 Million ≈ $3.06 Million |
+12.63% |
| 2020-12-31 | CA$3.76 Million ≈ $2.72 Million |
+1858.07% |
| 2019-12-31 | CA$192.04K ≈ $138.92K |
+597.29% |
| 2018-12-31 | CA$27.54K ≈ $19.92K |
-98.48% |
| 2017-12-31 | CA$1.81 Million ≈ $1.31 Million |
+0.99% |
| 2016-12-31 | CA$1.79 Million ≈ $1.30 Million |
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About QcX Gold Corp
QcX Gold Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold and volcanic massive sulphide deposits. It holds 100% interests in the Golden Giant project, which covers an area of approximately 18,992 hectares located in the James Bay region of Quebec; an option agreement to acquire 100% in… Read more