EQ Resources Ltd
EQ Resources Limited explores for and produces tungsten and mineral resources in Australia. The company also explores for gold deposits. Its flagship property is the Mt Carbine project comprising ML 4867 covering an area of approximately 358.5 hectares, as well as ML 4919 covering an area of 7.891 hectares located in Far North Queensland. The company was formerly known as Speciality Metals Intern… Read more
EQ Resources Ltd (EQR) - Total Assets
Latest total assets as of June 2025: AU$189.27 Million AUD
Based on the latest financial reports, EQ Resources Ltd (EQR) holds total assets worth AU$189.27 Million AUD 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.
EQ Resources Ltd - Total Assets Trend (2005–2024)
This chart illustrates how EQ Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
EQ Resources Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
EQ Resources Ltd's total assets of AU$189.27 Million consist of 16.4% current assets and 83.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 1.0% |
| Accounts Receivable | AU$3.86 Million | 2.0% |
| Inventory | AU$19.52 Million | 10.3% |
| Property, Plant & Equipment | AU$131.96 Million | 69.7% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how EQ 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: EQ Resources Ltd's current assets represent 16.4% of total assets in 2024, a decrease from 84.3% in 2005.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 82.4% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 69.7% of total assets.
EQ Resources Ltd Competitors by Total Assets
Key competitors of EQ Resources 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 |
EQ Resources 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 - EQ Resources Ltd generates 0.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - EQ Resources Ltd is currently not profitable relative to its asset base.
EQ 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 | 0.24 | 0.41 | 3.20 |
| Quick Ratio | 0.09 | 0.23 | 3.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-96.77 Million | AU$ -55.57 Million | AU$ 2.57 Million |
EQ Resources Ltd - Advanced Valuation Insights
This section examines the relationship between EQ 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 | 46.86 |
| Latest Market Cap to Assets Ratio | 2.16 |
| Asset Growth Rate (YoY) | 13.8% |
| Total Assets | AU$189.27 Million |
| Market Capitalization | $409.76 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values EQ Resources Ltd's assets at a significant premium ( 2.16x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: EQ Resources Ltd's assets grew by 13.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for EQ Resources Ltd (2005–2024)
The table below shows the annual total assets of EQ Resources Ltd from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$189.27 Million | +13.82% |
| 2023-12-31 | AU$166.29 Million | +201.54% |
| 2022-12-31 | AU$55.15 Million | +76.32% |
| 2021-12-31 | AU$31.28 Million | +21.48% |
| 2020-12-31 | AU$25.75 Million | +20.21% |
| 2019-12-31 | AU$21.42 Million | +34.14% |
| 2018-12-31 | AU$15.97 Million | +456.46% |
| 2017-12-31 | AU$2.87 Million | +12.45% |
| 2016-12-31 | AU$2.55 Million | -78.85% |
| 2015-12-31 | AU$12.07 Million | -5.49% |
| 2014-12-31 | AU$12.77 Million | -14.44% |
| 2013-12-31 | AU$14.92 Million | -3.05% |
| 2012-12-31 | AU$15.39 Million | -10.46% |
| 2011-12-31 | AU$17.19 Million | +121.14% |
| 2010-12-31 | AU$7.77 Million | +40.02% |
| 2009-12-31 | AU$5.55 Million | +22.16% |
| 2008-12-31 | AU$4.54 Million | +10.15% |
| 2007-12-31 | AU$4.13 Million | -29.25% |
| 2006-12-31 | AU$5.83 Million | +44.67% |
| 2005-12-31 | AU$4.03 Million | -- |