Classic Minerals Ltd
Classic Minerals Limited engages in the exploration of mineral resource projects in Australia. The company primarily explores for gold and nickel deposits. Its flagship project is the Kat Gap gold project located in Western Australia. The company was formerly known as Broad Resources Limited and changed its name to Classic Minerals Limited in 2007. Classic Minerals Limited was incorporated in 200… Read more
Classic Minerals Ltd (CLZ) - Total Assets
Latest total assets as of December 2024: AU$8.70 Million AUD
Based on the latest financial reports, Classic Minerals Ltd (CLZ) holds total assets worth AU$8.70 Million AUD as of December 2024.
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.
Classic Minerals Ltd - Total Assets Trend (2009–2024)
This chart illustrates how Classic Minerals Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Classic Minerals Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Classic Minerals Ltd's total assets of AU$8.70 Million consist of 25.0% current assets and 75.0% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$55.21K | 0.6% |
| Accounts Receivable | AU$109.38K | 1.2% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$6.76 Million | 75.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Classic Minerals 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: Classic Minerals Ltd's current assets represent 25.0% of total assets in 2024, a decrease from 61.8% in 2009.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2024, up from 0.3% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is property, plant & equipment at 75.0% of total assets.
Classic Minerals Ltd Competitors by Total Assets
Key competitors of Classic Minerals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Classic Minerals 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 - Classic Minerals Ltd generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Classic Minerals Ltd is currently not profitable relative to its asset base.
Classic Minerals 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 | 0.08 | 0.05 | 0.35 |
| Quick Ratio | 0.08 | 0.05 | 0.35 |
| Cash Ratio | 0.00 | 0.00 | 0.18 |
| Working Capital | AU$-26.50 Million | AU$ -16.12 Million | AU$ -1.64 Million |
Classic Minerals Ltd - Advanced Valuation Insights
This section examines the relationship between Classic Minerals 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 | 9.96 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -10.4% |
| Total Assets | AU$9.02 Million |
| Market Capitalization | $872.27K USD |
Valuation Analysis
Below Book Valuation: The market values Classic Minerals Ltd's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Classic Minerals Ltd's assets decreased by 10.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Classic Minerals Ltd (2009–2024)
The table below shows the annual total assets of Classic Minerals Ltd from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$9.02 Million | -10.44% |
| 2023-06-30 | AU$10.07 Million | -1.76% |
| 2022-06-30 | AU$10.25 Million | -5.46% |
| 2021-06-30 | AU$10.84 Million | +196.92% |
| 2020-06-30 | AU$3.65 Million | +151011.14% |
| 2019-06-30 | AU$2.42K | -37.01% |
| 2018-06-30 | AU$3.84K | +143.63% |
| 2017-06-30 | AU$1.57K | -60.28% |
| 2016-06-30 | AU$3.96K | +393.64% |
| 2015-06-30 | AU$802.95 | -85.07% |
| 2014-06-30 | AU$5.38K | -99.82% |
| 2013-06-30 | AU$2.94 Million | +1495.16% |
| 2012-06-30 | AU$184.57K | +8.85% |
| 2011-06-30 | AU$169.56K | +15.81% |
| 2010-06-30 | AU$146.41K | -1.60% |
| 2009-06-30 | AU$148.79K | -- |