Advance Metals Ltd
Advance Metals Limited operates as a gold and silver exploration and development company in Australia and North America. It holds interests in the Yoquivo silver project located in Mexico. The company also has option agreements with Myrtleford and Beaufort Gold projects situated in Victoria, Australia, as well as the Gavilanes Silver Project located in Mexico. In addition, it holds coal explorati… Read more
Advance Metals Ltd (AVM) - Total Assets
Latest total assets as of June 2025: AU$11.92 Million AUD
Based on the latest financial reports, Advance Metals Ltd (AVM) holds total assets worth AU$11.92 Million AUD as of June 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.
Advance Metals Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Advance Metals Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Advance Metals Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Advance Metals Ltd's total assets of AU$11.92 Million consist of 11.4% current assets and 88.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$922.91K | 10.5% |
| Accounts Receivable | AU$311.00 | 0.0% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$7.63 Million | 86.4% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Advance Metals 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Advance Metals Ltd's current assets represent 11.4% of total assets in 2024, a decrease from 76.5% in 2008.
- Cash Position: Cash and equivalents constituted 10.5% of total assets in 2024, down from 74.3% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is property, plant & equipment at 86.4% of total assets.
Advance Metals Ltd Competitors by Total Assets
Key competitors of Advance Metals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Jinling Mining Co Ltd
SHE:000655
|
China | CN¥4.04 Billion |
|
Shanxi Meijin Energy Co Ltd
SHE:000723
|
China | CN¥44.36 Billion |
|
5R02
F:5R02
|
Germany | €849.65 Million |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
China | CN¥800.48 Million |
|
Shanxi Antai Group Co Ltd
SHG:600408
|
China | CN¥4.36 Billion |
|
Fujian Oriental Silver Star Investment Co Ltd
SHG:600753
|
China | CN¥282.76 Million |
|
Yunnan Coal & Energy Co Ltd
SHG:600792
|
China | CN¥8.59 Billion |
|
Kailuan Energy Chemical Co Ltd
SHG:600997
|
China | CN¥26.44 Billion |
Advance Metals Ltd - 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
Lower asset utilization - Advance Metals Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Advance Metals Ltd is currently not profitable relative to its asset base.
Advance Metals 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 | 6.77 | 9.25 | 8.51 |
| Quick Ratio | 6.77 | 9.35 | 8.51 |
| Cash Ratio | 5.63 | 9.03 | 0.00 |
| Working Capital | AU$2.19 Million | AU$ 1.90 Million | AU$ 948.30K |
Advance Metals Ltd - Advanced Valuation Insights
This section examines the relationship between Advance Metals 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 | 5.72 |
| Latest Market Cap to Assets Ratio | 1.15 |
| Asset Growth Rate (YoY) | 51.0% |
| Total Assets | AU$8.82 Million |
| Market Capitalization | $10.19 Million USD |
Valuation Analysis
Above Book Valuation: The market values Advance Metals Ltd's assets above their book value (1.15 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Advance Metals Ltd's assets grew by 51.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Advance Metals Ltd (2008–2024)
The table below shows the annual total assets of Advance Metals Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$8.82 Million | +51.04% |
| 2023-12-31 | AU$5.84 Million | -0.05% |
| 2022-12-31 | AU$5.84 Million | -0.33% |
| 2021-12-31 | AU$5.86 Million | +40.08% |
| 2020-12-31 | AU$4.19 Million | +6.34% |
| 2019-12-31 | AU$3.94 Million | -17.52% |
| 2018-12-31 | AU$4.77 Million | -2.23% |
| 2017-12-31 | AU$4.88 Million | -21.19% |
| 2016-12-31 | AU$6.19 Million | +77.25% |
| 2015-12-31 | AU$3.49 Million | +1562.23% |
| 2014-12-31 | AU$210.21K | -81.69% |
| 2013-12-31 | AU$1.15 Million | -50.15% |
| 2012-12-31 | AU$2.30 Million | -76.83% |
| 2011-12-31 | AU$9.94 Million | -37.41% |
| 2010-12-31 | AU$15.89 Million | -15.89% |
| 2009-12-31 | AU$18.89 Million | +7.42% |
| 2008-12-31 | AU$17.58 Million | -- |