Copper Strike Ltd
Copper Strike Limited, a mineral exploration and development company, focuses on reviewing potential exploration and development resource acquisitions in Australia. It also engages in the investment management business. The company was incorporated in 2004 and is headquartered in Perth, Australia.
Copper Strike Ltd (CSE) - Total Assets
Latest total assets as of June 2024: AU$4.52 Million AUD
Based on the latest financial reports, Copper Strike Ltd (CSE) holds total assets worth AU$4.52 Million AUD as of June 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.
Copper Strike Ltd - Total Assets Trend (2004–2024)
This chart illustrates how Copper Strike Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Copper Strike Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Copper Strike Ltd's total assets of AU$4.52 Million consist of 98.4% current assets and 1.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 97.1% |
| Accounts Receivable | AU$52.43K | 1.2% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Copper Strike 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: Copper Strike Ltd's current assets represent 98.4% of total assets in 2024, an increase from 84.3% in 2004.
- Cash Position: Cash and equivalents constituted 97.1% of total assets in 2024, up from 84.0% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.
Copper Strike Ltd Competitors by Total Assets
Key competitors of Copper Strike Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
|
China | CN¥91.90 Billion |
|
North Copper Shanxi Co Ltd
SHE:000737
|
China | CN¥19.47 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
China | CN¥54.36 Billion |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
China | CN¥47.86 Billion |
|
Poongsan Holdi
KO:005810
|
Korea | ₩1.35 Trillion |
|
First Copper Technology Co Ltd
TW:2009
|
Taiwan | NT$10.15 Billion |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
|
China | CN¥9.38 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.21 Billion |
Copper Strike 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 - Copper Strike Ltd generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Copper Strike Ltd is currently not profitable relative to its asset base.
Copper Strike 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 | 40.75 | 9.32 | 8.20 |
| Quick Ratio | 40.75 | 9.32 | 8.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$4.34 Million | AU$ 17.34 Million | AU$ 207.07K |
Copper Strike Ltd - Advanced Valuation Insights
This section examines the relationship between Copper Strike 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 | 1.55 |
| Latest Market Cap to Assets Ratio | 1.09 |
| Asset Growth Rate (YoY) | -76.8% |
| Total Assets | AU$4.52 Million |
| Market Capitalization | $4.95 Million USD |
Valuation Analysis
Above Book Valuation: The market values Copper Strike Ltd's assets above their book value (1.09 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Copper Strike Ltd's assets decreased by 76.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Copper Strike Ltd (2004–2024)
The table below shows the annual total assets of Copper Strike Ltd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$4.52 Million | -76.81% |
| 2023-06-30 | AU$19.50 Million | +33.39% |
| 2022-06-30 | AU$14.62 Million | +29.39% |
| 2021-06-30 | AU$11.30 Million | +228.00% |
| 2020-06-30 | AU$3.44 Million | -76.50% |
| 2019-06-30 | AU$14.66 Million | -61.26% |
| 2018-06-30 | AU$37.84 Million | +14.51% |
| 2017-06-30 | AU$33.04 Million | -51.71% |
| 2016-06-30 | AU$68.42 Million | +56.21% |
| 2015-06-30 | AU$43.80 Million | -9.99% |
| 2014-06-30 | AU$48.66 Million | +83.71% |
| 2013-06-30 | AU$26.49 Million | -11.13% |
| 2012-06-30 | AU$29.81 Million | +55.12% |
| 2011-06-30 | AU$19.22 Million | -1.08% |
| 2010-06-30 | AU$19.42 Million | +8.70% |
| 2009-06-30 | AU$17.87 Million | -16.48% |
| 2008-06-30 | AU$21.40 Million | +84.35% |
| 2007-06-30 | AU$11.61 Million | +49.19% |
| 2006-06-30 | AU$7.78 Million | +10.63% |
| 2005-06-30 | AU$7.03 Million | -8.40% |
| 2004-06-30 | AU$7.68 Million | -- |