Trident Gold Corp.
Trans Canada Gold Corp. engages in the acquisition, exploration, and development of oil and gas, and mineral resource properties in Canada. It explores for petroleum and natural gas properties, and gold deposits. The company was formerly known as Arctic Hunter Energy Inc. and changed its name to Trans Canada Gold Corp. in January 2021. Trans Canada Gold Corp. was incorporated in 2006 and is headq… Read more
Trident Gold Corp. (TTG) - Total Assets
Latest total assets as of September 2025: CA$609.49K CAD
Based on the latest financial reports, Trident Gold Corp. (TTG) holds total assets worth CA$609.49K 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.
Trident Gold Corp. - Total Assets Trend (2021–2024)
This chart illustrates how Trident Gold Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Trident Gold Corp. - Asset Composition Analysis
Current Asset Composition (June 2024)
Trident Gold Corp.'s total assets of CA$609.49K consist of 55.5% current assets and 44.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 47.2% |
| Accounts Receivable | CA$71.34K | 7.0% |
| 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 (2021–2024)
This chart illustrates how Trident 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Trident Gold Corp.'s current assets represent 55.5% of total assets in 2024, an increase from 25.7% in 2021.
- Cash Position: Cash and equivalents constituted 47.2% of total assets in 2024, up from 25.1% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 7.0% of total assets.
Trident Gold Corp. Competitors by Total Assets
Key competitors of Trident Gold Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Trident Gold Corp. - 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
Strong asset utilization - Trident Gold Corp. generates 0.78x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Trident Gold Corp. is currently not profitable relative to its asset base.
Trident 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 | 2.10 | 1.52 | 1.06 |
| Quick Ratio | 2.10 | 1.52 | 1.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$201.97K | CA$ 199.62K | CA$ 12.04K |
Trident Gold Corp. - Advanced Valuation Insights
This section examines the relationship between Trident 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 | 20.50 |
| Latest Market Cap to Assets Ratio | 3.69 |
| Asset Growth Rate (YoY) | 1.1% |
| Total Assets | CA$1.02 Million |
| Market Capitalization | $3.74 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Trident Gold Corp.'s assets at a significant premium ( 3.69x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Trident Gold Corp.'s assets grew by 1.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Trident Gold Corp. (2021–2024)
The table below shows the annual total assets of Trident Gold Corp. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | CA$1.02 Million | +1.12% |
| 2023-06-30 | CA$1.00 Million | -30.63% |
| 2022-06-30 | CA$1.45 Million | -23.24% |
| 2021-06-30 | CA$1.89 Million | -- |