GoldMining Inc. (GLDG) Key Metrics
GLDG key metrics, FY2023–FY2025
Fiscal year ended November 30, 2025 · Canadian dollarsGLDG returns How much profit the business earns on the capital it uses.
GLDG financial health Debt, liquidity and how easily interest is covered.
GLDG efficiency & capital use Working capital cycle and where the cash goes.
GLDG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GLDG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GLDG cash returned to shareholders
GLDG key metrics in Canadian dollars
FY2023–FY2025| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Returns & profitability | |||
| Return on equity (ROE) | −7.9% | −20.8% | −22.2% |
| Return on invested capital (ROIC) | −13.5% | −19.7% | −19.0% |
| Return on assets (ROA) | −7.5% | −19.6% | −21.0% |
| Return on tangible assets | −5.7% | −20.9% | −21.0% |
| Financial health | |||
| Total debt | C$299,000 | C$387,000 | C$395,000 |
| Cash & short-term investments | C$26.3M | C$11.9M | C$21.6M |
| Net debt | −C$26.1M | −C$11.5M | −C$21.2M |
| Debt / equity | 0.00 | 0.00 | 0.00 |
| Debt / assets | 0.00 | 0.00 | 0.00 |
| Current ratio | 9.48 | 3.14 | 10.12 |
| Quick ratio | 9.48 | 3.14 | 9.48 |
| Interest coverage | — | -534.3 | -20.5 |
| Working capital | C$24.6M | C$9.1M | C$21.4M |
| Invested capital | C$200.5M | C$102.3M | C$108.0M |
| Tangible asset value | C$229.3M | C$115.2M | C$132.4M |
| Net current asset value | C$19.2M | C$7.5M | C$19.3M |
| Capital allocation | |||
| Dividends paid | — | C$0 | C$5.8M |
| Share buybacks (net) | — | C$0 | C$3.4M |
| Capex / depreciation | 0.00 | 1.96 | 9.14 |
| Efficiency | |||
| Days of inventory on hand | — | — | 2,310.3 |
| Days payables outstanding | 1,992.4 | 1,855.8 | 2,711.5 |
| Receivables turnover | 0.00 | 0.00 | 0.00 |
| Payables turnover | 0.18 | 0.20 | 0.13 |
| Inventory turnover | — | — | 0.16 |
| Asset turnover | 0.00 | 0.00 | 0.00 |
| Average receivables | C$255,908 | C$474,000 | C$594,000 |
| Average payables | C$1.9M | C$1.7M | C$1.8M |
| Average inventory | — | — | C$1.5M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% |
Computed from GLDG's annual financial statements (latest annual report filed February 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Canadian dollars; data from EODHD. Averages use the opening and closing balance of each year.
GLDG valuation and financial ratios
GoldMining earned a return on equity of −7.9% and a return on invested capital of −13.5% in fiscal 2025. It ended the year with C$0.3 million of debt and C$26.3 million in cash and short-term investments, a net cash position of C$26.1 million.
See the GLDG income statement, the GLDG chart for price history, or the GLDG stock overview for the latest quote and news.
GLDG key metrics FAQ
What is GoldMining's return on equity?
GoldMining's return on equity (ROE) was −7.9% in fiscal 2025: net income of -C$13.5 million on average shareholders' equity of C$170.1 million.
What is GoldMining's ROIC?
GoldMining's return on invested capital was −13.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does GoldMining have?
GoldMining had total debt of C$0.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is GoldMining's current ratio?
GoldMining's current ratio was 9.48 at the end of fiscal 2025: current assets were 9.48 times current liabilities.