Accelerate Resources Ltd (AX8) - Total Assets
Based on the latest financial reports, Accelerate Resources Ltd (AX8) holds total assets worth AU$12.80 Million AUD (≈ $9.06 Million USD) 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. Check AX8 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Accelerate Resources Ltd - Total Assets Trend (2017–2025)
This chart illustrates how Accelerate Resources Ltd's total assets have evolved over time, based on quarterly financial data. Check Accelerate Resources Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Accelerate Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Accelerate Resources Ltd's total assets of AU$12.80 Million consist of 23.0% current assets and 77.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 22.5% |
| Accounts Receivable | AU$17.90K | 0.1% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$9.86 Million | 77.1% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how Accelerate Resources 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. For live market cap, price, and company overview, see AX8 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Accelerate Resources Ltd's current assets represent 23.0% of total assets in 2025, a decrease from 83.6% in 2017.
- Cash Position: Cash and equivalents constituted 22.5% of total assets in 2025, down from 73.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 77.1% of total assets.
Accelerate Resources Ltd Competitors by Total Assets
Key competitors of Accelerate Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
RIO Tinto Ltd
AU:RIO
|
Australia | AU$128.19 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥19.69 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.08 Billion |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.86 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Merdeka Copper Gold PT
JK:MDKA
|
Indonesia | Rp5.28 Billion |
Accelerate Resources 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 | 6.30 | 2.28 | 1.14 |
| Quick Ratio | 6.30 | 2.33 | 1.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$2.47 Million | AU$1.18 Million | AU$26.87K |
Accelerate Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Accelerate Resources 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 | 0.50 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 0.9% |
| Total Assets | AU$12.80 Million |
| Market Capitalization | $3.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values Accelerate Resources Ltd's assets below their book value (0.28x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Accelerate Resources Ltd's assets grew by 0.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Accelerate Resources Ltd (2017–2025)
The table below shows the annual total assets of Accelerate Resources Ltd from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$12.80 Million ≈ $9.06 Million |
+0.86% |
| 2024-06-30 | AU$12.69 Million ≈ $8.98 Million |
+57.95% |
| 2023-06-30 | AU$8.03 Million ≈ $5.69 Million |
+20.09% |
| 2022-06-30 | AU$6.69 Million ≈ $4.73 Million |
+76.95% |
| 2021-06-30 | AU$3.78 Million ≈ $2.68 Million |
+7.22% |
| 2020-06-30 | AU$3.53 Million ≈ $2.50 Million |
-17.63% |
| 2019-06-30 | AU$4.28 Million ≈ $3.03 Million |
-31.80% |
| 2018-06-30 | AU$6.28 Million ≈ $4.44 Million |
+3326.00% |
| 2017-06-30 | AU$183.23K ≈ $129.65K |
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About Accelerate Resources Ltd
Accelerate Resources Limited operates as a mineral exploration company in Australia. The company explores for manganese, gold, lithium, and critical mineral deposits. Accelerate Resources Limited was incorporated in 2017 and is based in West Perth, Australia.