29METALS Ltd (29M) - Total Assets
Based on the latest financial reports, 29METALS Ltd (29M) holds total assets worth AU$1.04 Billion AUD (≈ $737.06 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.
29METALS Ltd - Total Assets Trend (2020–2025)
This chart illustrates how 29METALS Ltd's total assets have evolved over time, based on quarterly financial data. Also see 29METALS Ltd stock valuation for the company's overall valuation and market capitalisation.
29METALS Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
29METALS Ltd's total assets of AU$1.04 Billion consist of 25.2% current assets and 74.8% non-current assets. Review 29METALS Ltd total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 9.9% |
| Accounts Receivable | AU$49.81 Million | 4.8% |
| Inventory | AU$99.68 Million | 9.6% |
| Property, Plant & Equipment | AU$778.09 Million | 74.7% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how 29METALS Ltd'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. See 29M stock price and chart for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: 29METALS Ltd's current assets represent 25.2% of total assets in 2025, an increase from 18.5% in 2020.
- Cash Position: Cash and equivalents constituted 9.9% of total assets in 2025, down from 12.0% 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 property, plant & equipment at 74.7% of total assets.
29METALS Ltd Competitors by Total Assets
Key competitors of 29METALS Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Gold International Resources
TO:CGG
|
Canada | CA$3.59 Billion |
|
Artemis Gold Inc
V:ARTG
|
Canada | CA$2.47 Billion |
|
Triple Flag Precious Metals Corp
TO:TFPM
|
Canada | CA$2.11 Billion |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
|
China | CN¥1.21 Billion |
|
ALLIANZ TECHNO.TR.LS-025
F:28X
|
Germany | €1.14 Million |
|
Aic Mines Ltd
AU:A1M
|
Australia | AU$376.92 Million |
|
Orvana Minerals Corp.
TO:ORV
|
Canada | CA$231.65 Million |
|
Sierra Madre Gold and Silver Ltd
V:SM
|
Canada | CA$65.81 Million |
29METALS Ltd - 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 | 1.27 | 1.33 | 1.33 |
| Quick Ratio | 0.79 | 1.07 | 1.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$55.99 Million | AU$88.55 Million | AU$56.98 Million |
29METALS Ltd - Advanced Valuation Insights
This section examines the relationship between 29METALS Ltd'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 | 1.24 |
| Latest Market Cap to Assets Ratio | 0.41 |
| Asset Growth Rate (YoY) | 0.3% |
| Total Assets | AU$1.04 Billion |
| Market Capitalization | $427.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values 29METALS Ltd's assets below their book value (0.41x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: 29METALS Ltd's assets grew by 0.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for 29METALS Ltd (2020–2025)
The table below shows the annual total assets of 29METALS Ltd from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | AU$1.04 Billion ≈ $737.06 Million |
+0.35% |
| 2024-12-31 | AU$1.04 Billion ≈ $734.50 Million |
+5.80% |
| 2023-12-31 | AU$981.21 Million ≈ $694.27 Million |
-24.11% |
| 2022-12-31 | AU$1.29 Billion ≈ $914.86 Million |
-1.69% |
| 2021-12-31 | AU$1.32 Billion ≈ $930.57 Million |
+4.66% |
| 2020-12-31 | AU$1.26 Billion ≈ $889.10 Million |
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About 29METALS Ltd
29Metals Limited operates as a copper-focused base and precious metals mining company in Australia and Chile. The company explores copper, gold, silver, zinc, and lead deposits. It is also involved in base and precious metals mining, mineral production, and associated activities; exploration for mineral resources; and Cervantes, and Gossan Valley projects. Its primary assets include the Golden Gr… Read more