Q-Gold Resources Ltd
Q-Gold Resources Ltd. operates as a mineral exploration company in Canada. The company explores for gold, silver, and precious metal deposits. It holds 9,965 acres of contiguous mining claims, crown leases, and leasehold patents in the Foley gold mine, Golden Star, and the McKenzie Gray gold/silver zone located near Mine Centre, Ontario. The company was formerly known as Q-Gold and changed its na… Read more
Q-Gold Resources Ltd (QGR) - Total Assets
Latest total assets as of September 2025: CA$509.93K CAD
Based on the latest financial reports, Q-Gold Resources Ltd (QGR) holds total assets worth CA$509.93K 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.
Q-Gold Resources Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Q-Gold Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Q-Gold Resources Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Q-Gold Resources Ltd's total assets of CA$509.93K consist of 99.6% current assets and 0.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 86.4% |
| 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 Q-Gold Resources Ltd'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: Q-Gold Resources Ltd's current assets represent 99.6% of total assets in 2024, an increase from 71.4% in 2013.
- Cash Position: Cash and equivalents constituted 86.4% of total assets in 2024, up from 63.4% 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.
Q-Gold Resources Ltd Competitors by Total Assets
Key competitors of Q-Gold Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Q-Gold Resources Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Q-Gold Resources Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Q-Gold Resources Ltd is currently not profitable relative to its asset base.
Q-Gold Resources Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.17 | 0.04 | 3.31 |
| Quick Ratio | 0.17 | 0.04 | 3.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-2.47 Million | CA$ -2.16 Million | CA$ 1.28 Million |
Q-Gold Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Q-Gold Resources Ltd'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 | 168.47 |
| Latest Market Cap to Assets Ratio | 19.26 |
| Asset Growth Rate (YoY) | 722.6% |
| Total Assets | CA$832.06K |
| Market Capitalization | $16.03 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Q-Gold Resources Ltd's assets at a significant premium ( 19.26x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Q-Gold Resources Ltd's assets grew by 722.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Q-Gold Resources Ltd (2013–2024)
The table below shows the annual total assets of Q-Gold Resources Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$832.06K | +722.55% |
| 2023-12-31 | CA$101.16K | -78.99% |
| 2022-12-31 | CA$481.53K | -65.80% |
| 2021-12-31 | CA$1.41 Million | -23.12% |
| 2020-12-31 | CA$1.83 Million | +1761.33% |
| 2019-12-31 | CA$98.39K | -80.19% |
| 2018-12-31 | CA$496.57K | +11392.06% |
| 2017-12-31 | CA$4.32K | -51.03% |
| 2016-12-31 | CA$8.82K | -86.20% |
| 2015-12-31 | CA$63.93K | -23.62% |
| 2014-12-31 | CA$83.70K | +2.28% |
| 2013-12-31 | CA$81.84K | -- |