Classic Minerals Ltd (CLZ) - Total Assets
Based on the latest financial reports, Classic Minerals Ltd (CLZ) holds total assets worth AU$8.70 Million AUD (≈ $6.16 Million USD) 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. Explore CLZ operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
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. See net assets of Classic Minerals Ltd for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see Classic Minerals Ltd stock valuation.
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 |
|---|---|---|
|
Rio Tinto Group
F:RIOA
|
Germany | €128.10 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥174.67 Billion |
|
MP Materials Corp
NYSE:MP
|
USA | $3.80 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Almonty Industries Inc. Common Shares
NASDAQ:ALM
|
USA | $589.73 Million |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716
|
China | CN¥6.71 Billion |
|
Vale Indonesia Tbk
JK:INCO
|
Indonesia | Rp3.34 Billion |
|
Alphamin Res
V:AFM
|
Canada | CA$606.57 Million |
Classic Minerals Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.08 | 0.05 | 0.35 |
| Quick Ratio | 0.08 | 0.05 | 0.35 |
| Cash Ratio | 0.00 | 0.00 | 0.18 |
| Working Capital | AU$-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 | 0.43 |
| Asset Growth Rate (YoY) | -10.4% |
| Total Assets | AU$9.02 Million |
| Market Capitalization | $3.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values Classic Minerals Ltd's assets below their book value (0.43x), 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 ≈ $6.38 Million |
-10.44% |
| 2023-06-30 | AU$10.07 Million ≈ $7.12 Million |
-1.76% |
| 2022-06-30 | AU$10.25 Million ≈ $7.25 Million |
-5.46% |
| 2021-06-30 | AU$10.84 Million ≈ $7.67 Million |
+196.92% |
| 2020-06-30 | AU$3.65 Million ≈ $2.58 Million |
+151011.14% |
| 2019-06-30 | AU$2.42K ≈ $1.71K |
-37.01% |
| 2018-06-30 | AU$3.84K ≈ $2.71K |
+143.63% |
| 2017-06-30 | AU$1.57K ≈ $1.11K |
-60.28% |
| 2016-06-30 | AU$3.96K ≈ $2.80K |
+393.64% |
| 2015-06-30 | AU$802.95 ≈ $568.14 |
-85.07% |
| 2014-06-30 | AU$5.38K ≈ $3.80K |
-99.82% |
| 2013-06-30 | AU$2.94 Million ≈ $2.08 Million |
+1495.16% |
| 2012-06-30 | AU$184.57K ≈ $130.59K |
+8.85% |
| 2011-06-30 | AU$169.56K ≈ $119.97K |
+15.81% |
| 2010-06-30 | AU$146.41K ≈ $103.60K |
-1.60% |
| 2009-06-30 | AU$148.79K ≈ $105.28K |
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About 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