Taura Gold Inc
Taura Gold Inc., a gold exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold deposits. It has an option to acquire a 100% interest in the Shabu River project located in the Red Lake Mining District, Ontario. Taura Gold Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. As of November 20, 2… Read more
Taura Gold Inc (TORA) - Total Assets
Latest total assets as of July 2025: CA$1.10 Million CAD
Based on the latest financial reports, Taura Gold Inc (TORA) holds total assets worth CA$1.10 Million CAD as of July 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.
Taura Gold Inc - Total Assets Trend (2020–2024)
This chart illustrates how Taura Gold Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Taura Gold Inc - Asset Composition Analysis
Current Asset Composition (October 2024)
Taura Gold Inc's total assets of CA$1.10 Million consist of 57.7% current assets and 42.3% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 57.3% |
| Accounts Receivable | CA$2.56K | 0.2% |
| 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 (2020–2024)
This chart illustrates how Taura 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: Taura Gold Inc's current assets represent 57.7% of total assets in 2024, an increase from 50.9% in 2020.
- Cash Position: Cash and equivalents constituted 57.3% of total assets in 2024, up from 46.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Taura Gold Inc Competitors by Total Assets
Key competitors of Taura Gold Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Taura Gold Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Taura Gold Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Taura Gold Inc is currently not profitable relative to its asset base.
Taura Gold Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.81 | 7.03 | 19.45 |
| Quick Ratio | 0.81 | 7.03 | 19.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-118.06K | CA$ 681.75K | CA$ 200.18K |
Taura Gold Inc - Advanced Valuation Insights
This section examines the relationship between Taura 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 | 15.13 |
| Latest Market Cap to Assets Ratio | 2.65 |
| Asset Growth Rate (YoY) | -22.6% |
| Total Assets | CA$1.25 Million |
| Market Capitalization | $3.32 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Taura Gold Inc's assets at a significant premium ( 2.65x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Taura Gold Inc's assets decreased by 22.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Taura Gold Inc (2020–2024)
The table below shows the annual total assets of Taura Gold Inc from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | CA$1.25 Million | -22.58% |
| 2023-10-31 | CA$1.62 Million | -11.61% |
| 2022-10-31 | CA$1.83 Million | +596.55% |
| 2021-10-31 | CA$263.04K | +45.69% |
| 2020-10-31 | CA$180.54K | -- |