Pirate Gold Corp. (YARR) - Total Assets
Based on the latest financial reports, Pirate Gold Corp. (YARR) holds total assets worth CA$32.67 Million CAD (≈ $23.63 Million USD) as of December 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 how well can Pirate Gold Corp. service its debt to assess how comfortably operating cash covers total debt obligations.
Pirate Gold Corp. - Total Assets Trend (2021–2024)
This chart illustrates how Pirate Gold Corp.'s total assets have evolved over time, based on quarterly financial data. See Pirate Gold Corp. (YARR) net assets for net asset value and shareholders' equity analysis.
Pirate Gold Corp. - Asset Composition Analysis
Current Asset Composition (June 2024)
Pirate Gold Corp.'s total assets of CA$32.67 Million consist of 39.4% current assets and 60.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 31.4% |
| Accounts Receivable | CA$5.89K | 0.1% |
| 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 Pirate 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 how much is Pirate Gold Corp. worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Pirate Gold Corp.'s current assets represent 39.4% of total assets in 2024, a decrease from 93.7% in 2021.
- Cash Position: Cash and equivalents constituted 31.4% of total assets in 2024, down from 90.6% 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 0.1% of total assets.
Pirate Gold Corp. Competitors by Total Assets
Key competitors of Pirate 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 |
Pirate 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 | 5.30 | 9.77 | 12.00 |
| Quick Ratio | 5.30 | 9.77 | 12.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$22.96 Million | CA$1.95 Million | CA$2.91 Million |
Pirate Gold Corp. - Advanced Valuation Insights
This section examines the relationship between Pirate 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 | 4.07 |
| Latest Market Cap to Assets Ratio | 9.30 |
| Asset Growth Rate (YoY) | 20.2% |
| Total Assets | CA$8.06 Million |
| Market Capitalization | $74.91 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Pirate Gold Corp.'s assets at a significant premium (9.30x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Pirate Gold Corp.'s assets grew by 20.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Pirate Gold Corp. (2021–2024)
The table below shows the annual total assets of Pirate Gold Corp. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | CA$8.06 Million ≈ $5.83 Million |
+20.23% |
| 2023-06-30 | CA$6.70 Million ≈ $4.85 Million |
-46.49% |
| 2022-06-30 | CA$12.52 Million ≈ $9.06 Million |
-26.34% |
| 2021-06-30 | CA$17.00 Million ≈ $12.30 Million |
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About Pirate Gold Corp.
Pirate Gold Corp., an exploration-stage company, engages in the acquisition and exploration of mineral properties in Canada. It primarily focuses on its portfolio of gold projects located in the province of Newfoundland and Labrador. The company's flagship project is the 100% owned Moosehead gold property, which consist of 98 claims covering an area of approximately 2,450 hectares located in cent… Read more