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Star Gold Corp   (SRGZ)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

Star Gold 's Working Capital Ratio

SRGZ's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Star Gold 's Current Assets grew by 182.21 % in the II Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Star Gold 's Working Capital Ratio to 0.47, Working Capital Ratio remained below Star Gold Corp average.

Within Metal Mining industry 45 other companies have achieved higher Working Capital Ratio than Star Gold in second quarter 2023. While Working Capital Ratio total ranking has improved so far during the II Quarter 2023 to 4079, from total ranking in the first quarter 2023 at 4641.

Explain Working Capital Ratio
How much in Current Assets SRGZ´s has?
What is the value of SRGZ´s Current Liabilities?


SRGZ Working Capital Ratio (Oct 31 2023)
II. Quarter
(Jul 31 2023)
I. Quarter
(Apr 30 2023)
IV. Quarter
(Jan 31 2023)
III. Quarter
(Oct 31 2022)
II. Quarter
Y / Y Current Liabilities Change 575.94 % 43.87 % 34.33 % -76.25 % -85 %
Y / Y Current Assets Change -54.84 % -80.63 % -76.48 % -15.59 % -28.4 %
Working Capital Ratio MRQ 0.47 0.17 0.82 3.61 7.03
SRGZ's Total Ranking # 4079 # 4641 # 4086 # 1340 # 839
Seq. Current Liabilities Change 2.11 % 178.07 % 27.96 % 86.04 % -78.26 %
Seq. Current Assets Change 182.21 % -42.49 % -70.91 % -4.36 % 21.04 %



Working Capital Ratio second quarter 2023 Company Ranking
Within: No.
Metal Mining Industry # 46
Basic Materials Sector # 263
Overall Market # 4079


Working Capital Ratio Statistics
High Average Low
103.6 7.88 0.12
(Jan 31 2019)   (Jul 31 2020)




Financial Statements
Star Gold 's Current Liabilities $ 0 Millions Visit SRGZ's Balance sheet
Star Gold 's Current Assets $ 0 Millions Visit SRGZ's Balance sheet
Source of SRGZ's Sales Visit SRGZ's Sales by Geography


Cumulative Star Gold 's Working Capital Ratio

SRGZ's Working Capital Ratio for the trailling 12 Months

SRGZ Working Capital Ratio

(Oct 31 2023)
II. Quarter
(Jul 31 2023)
I. Quarter
(Apr 30 2023)
IV. Quarter
(Jan 31 2023)
III. Quarter
(Oct 31 2022)
II. Quarter
Y / Y Current Liabilities TTM Growth 575.94 % 43.87 % 34.33 % -76.25 % -85 %
Y / Y Current Assets TTM Growth -54.84 % -80.63 % -76.48 % -15.59 % -28.4 %
Working Capital Ratio TTM 0.74 1.42 2.19 3.02 1.91
Total Ranking TTM # 3904 # 3912 # 4309 # 4764 # 2140
Seq. Current Liabilities TTM Growth 2.11 % 178.07 % 27.96 % 86.04 % -78.26 %
Seq. Current Assets TTM Growth 182.21 % -42.49 % -70.91 % -4.36 % 21.04 %


On the trailing twelve months basis Due to rise in Current Liabilities in the II Quarter 2023 to $0.15 millions, cumulative Working Capital Ratio decreased to 0.74 below the Star Gold Corp average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry 40 other companies have achieved higher Working Capital Ratio than Star Gold . While Working Capital Ratio overall ranking has improved so far to 3904, from total ranking during the twelve months ending first quarter 2023 at 3912.

Explain Working Capital Ratio
How much in Current Assets SRGZ´s has?
What is the value of SRGZ´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 41
Basic Materials Sector # 287
Within the Market # 3904


trailing twelve months Working Capital Ratio Statistics
High Average Low
19.13 5.08 0.6
(Jul 31 2019)   (Jul 31 2020)




Companies with similar Working Capital Ratio in the quarter ending Oct 31 2023, within Metal Mining Industry Working Capital RatioOct 31 2023 MRQ Current AssetsOct 31 2023 MRQ Current Liabilities
Perpetua Resources Corp   1.24 $ 10.437  Millions$ 8.389  Millions
Verde Resources Inc   1.07 $ 1.748  Millions$ 1.640  Millions
Golden Minerals Co  1.06 $ 5.940  Millions$ 5.599  Millions
Coeur Mining Inc   1.05 $ 297.166  Millions$ 283.464  Millions
Trx Gold Corporation  0.97 $ 17.193  Millions$ 17.810  Millions
Dynaresource Inc   0.95 $ 22.231  Millions$ 23.409  Millions
Iamgold Corporation  0.91 $ 753.700  Millions$ 825.800  Millions
New Gold Inc   0.89 $ 351.800  Millions$ 396.000  Millions
Lion Copper And Gold Corp   0.89 $ 5.077  Millions$ 5.734  Millions
Inception Mining Inc   0.88 $ 1.386  Millions$ 1.579  Millions
Lode star Mining Inc   0.84 $ 0.005  Millions$ 0.006  Millions
Aris Mining Corporation  0.83 $ 289.100  Millions$ 350.240  Millions
Rise Gold Corp   0.81 $ 0.808  Millions$ 1.001  Millions
Arras Minerals Corp   0.80 $ 0.520  Millions$ 0.654  Millions
Equinox Gold Corp   0.77 $ 604.000  Millions$ 786.376  Millions
The Healing Company Inc   0.49 $ 6.846  Millions$ 13.936  Millions
Ero Copper Corp  0.49 $ 199.487  Millions$ 409.849  Millions
Star Gold Corp   0.47 $ 0.073  Millions$ 0.155  Millions
Timberline Resources Corporation  0.45 $ 0.106  Millions$ 0.234  Millions
Paramount Gold Nevada Corp   0.29 $ 2.502  Millions$ 8.608  Millions
Silver North Resources Ltd   0.29 $ 0.252  Millions$ 0.884  Millions
I 80 Gold Corp   0.27 $ 39.813  Millions$ 148.335  Millions
Star Alliance International Corp   0.21 $ 0.496  Millions$ 2.351  Millions
Niocorp Developments Ltd   0.17 $ 2.101  Millions$ 12.486  Millions
Wolverine Resources Corp   0.15 $ 0.010  Millions$ 0.070  Millions

Date modified: 2023-12-13T21:22:34+00:00



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