Desoto Resources Ltd (DES) - Total Assets

Latest as of June 2025: AU$14.09 Million AUD ≈ $9.97 Million USD

Based on the latest financial reports, Desoto Resources Ltd (DES) holds total assets worth AU$14.09 Million AUD (≈ $9.97 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. See DES total equity for net asset value and shareholders' equity analysis.

Desoto Resources Ltd - Total Assets Trend (2022–2025)

This chart illustrates how Desoto Resources Ltd's total assets have evolved over time, based on quarterly financial data.

Desoto Resources Ltd - Asset Composition Analysis

Current Asset Composition (June 2025)

Desoto Resources Ltd's total assets of AU$14.09 Million consist of 45.5% current assets and 54.5% non-current assets.

Asset Category Amount (AUD) % of Total Assets
Cash & Equivalents AU$0.00 44.3%
Accounts Receivable AU$128.59K 0.9%
Inventory AU$0.00 0.0%
Property, Plant & Equipment AU$7.68 Million 54.5%
Intangible Assets AU$0.00 0.0%
Goodwill AU$0.00 0.0%

Asset Composition Trend (2022–2025)

This chart illustrates how Desoto 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 DES stock market capitalisation.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Desoto Resources Ltd's current assets represent 45.5% of total assets in 2025, a decrease from 72.8% in 2022.
  • Cash Position: Cash and equivalents constituted 44.3% of total assets in 2025, down from 72.1% in 2022.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
  • Asset Diversification: The largest asset category is property, plant & equipment at 54.5% of total assets.

Desoto Resources Ltd Competitors by Total Assets

Key competitors of Desoto Resources Ltd based on total assets are shown below.

Company Country Total Assets
Almonty Industries Inc
AU:AII
Australia AU$589.73 Million
Vale S.A
F:CVLB
Germany €86.53 Billion
SOUTH32 Ltd
AU:S32
Australia AU$13.80 Billion
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
China CN¥148.85 Billion
Silver X Mining Corp
V:AGX
Canada CA$58.06 Million
Skeena Resources Ltd
TO:SKE
Canada CA$647.20 Million
Rising Nonferrous Metals Share Co Ltd
SHG:600259
China CN¥8.11 Billion
Sichuan Anning Iron and Titanium Co
SHE:002978
China CN¥16.68 Billion

Desoto 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 7.57 14.13 74.49
Quick Ratio 7.57 14.13 74.49
Cash Ratio 0.00 0.00 0.00
Working Capital AU$5.56 Million AU$5.37 Million AU$9.84 Million

Desoto Resources Ltd - Advanced Valuation Insights

This section examines the relationship between Desoto 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 3.15
Latest Market Cap to Assets Ratio 1.95
Asset Growth Rate (YoY) 47.5%
Total Assets AU$14.09 Million
Market Capitalization $27.42 Million USD

Valuation Analysis

Above Book Valuation: The market values Desoto Resources Ltd's assets above their book value (1.95x), reflecting positive investor sentiment about the company's future prospects.

Rapid Asset Growth: Desoto Resources Ltd's assets grew by 47.5% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Desoto Resources Ltd (2022–2025)

The table below shows the annual total assets of Desoto Resources Ltd from 2022 to 2025.

Year Total Assets Change
2025-06-30 AU$14.09 Million
≈ $9.97 Million
+47.47%
2024-06-30 AU$9.55 Million
≈ $6.76 Million
-9.92%
2023-06-30 AU$10.60 Million
≈ $7.50 Million
+767.87%
2022-06-30 AU$1.22 Million
≈ $864.55K
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About Desoto Resources Ltd

AU:DES Australia Other Industrial Metals & Mining
Market Cap
$27.42 Million
AU$38.75 Million AUD
Market Cap Rank
#23993 Global
#971 in Australia
Share Price
AU$0.14
Change (1 day)
-3.45%
52-Week Range
AU$0.12 - AU$0.23
All Time High
AU$0.23
About

DeSoto Resources Limited, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Guinea and the Northern Territory, Australia. The company explores for gold, lithium, rare earth, and other base metal deposits. The company was incorporated in 2022 and is based in Daglish, Australia.