South Atlantic Gold Inc. (SAO) - Total Assets
Based on the latest financial reports, South Atlantic Gold Inc. (SAO) holds total assets worth CA$3.79 Million CAD as of November 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.
South Atlantic Gold Inc. - Total Assets Trend (2022–2025)
This chart illustrates how South Atlantic Gold Inc.'s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
South Atlantic Gold Inc. - Asset Composition Analysis
Current Asset Composition (February 2025)
South Atlantic Gold Inc.'s total assets of CA$3.79 Million consist of 7.2% current assets and 92.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 6.2% |
| Accounts Receivable | CA$20.03K | 0.6% |
| 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 (2022–2025)
This chart illustrates how South Atlantic Gold 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: South Atlantic Gold Inc.'s current assets represent 7.2% of total assets in 2025, a decrease from 27.8% in 2022.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2025, down from 27.0% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.
South Atlantic Gold Inc. Competitors by Total Assets
Key competitors of South Atlantic Gold Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
First Tin PLC
LSE:1SN
|
UK | GBX93.86 Million |
|
Evolution Metals & Technologies Corp. Common Stock
NASDAQ:EMAT
|
USA | $6.57 Million |
|
GRAPHANO ENERGY LTD
F:97G0
|
Germany | €727.36K |
|
Orex Minerals Inc
V:REX
|
Canada | CA$2.90 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
South Atlantic Gold Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.38 | 2.04 | 2.04 |
| Quick Ratio | 0.38 | 2.04 | 2.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-378.50K | CA$143.93K | CA$143.93K |
South Atlantic Gold Inc. - Advanced Valuation Insights
This section examines the relationship between South Atlantic Gold 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 | 2.77 |
| Latest Market Cap to Assets Ratio | 1.87 |
| Asset Growth Rate (YoY) | -11.8% |
| Total Assets | CA$3.61 Million |
| Market Capitalization | $6.74 Million USD |
Valuation Analysis
Above Book Valuation: The market values South Atlantic Gold Inc.'s assets above their book value (1.87x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: South Atlantic Gold Inc.'s assets decreased by 11.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for South Atlantic Gold Inc. (2022–2025)
The table below shows the annual total assets of South Atlantic Gold Inc. from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-02-28 | CA$3.61 Million | -11.75% |
| 2024-02-29 | CA$4.10 Million | -1.81% |
| 2023-02-28 | CA$4.17 Million | -11.13% |
| 2022-02-28 | CA$4.69 Million | -- |
About South Atlantic Gold Inc.
South Atlantic Gold Inc. engages in the acquisition, exploration, and development of mineral properties in Brazil. The company primarily explores for gold deposits. It holds interest in the Pedra Branca project located in Ceara State, North-eastern Brazil. The company was formerly known as Jiulian Resources Inc. and changed its name to South Atlantic Gold Inc. in November 2020. South Atlantic Gol… Read more