Equatorial Resources Ltd

AU:EQX Australia Steel
Market Cap
$15.87 Million
AU$25.63 Million AUD
Market Cap Rank
#29229 Global
#785 in Australia
Share Price
AU$0.20
Change (1 day)
-2.50%
52-Week Range
AU$0.09 - AU$0.23
All Time High
AU$0.57
About

Equatorial Resources Limited engages in mineral exploration activities in the Republic of Congo and the Republic of Guinea. Its flagship is the Nimba Alliance iron ore project covering an area of approximately 198 square kilometers for the Nimba West permit and approximately 107 square kilometers for the Nimba North permit located in Guinea, West Africa. Equatorial Resources Limited was incorpora… Read more

Equatorial Resources Ltd (EQX) - Total Assets

Latest total assets as of June 2025: AU$9.66 Million AUD

Based on the latest financial reports, Equatorial Resources Ltd (EQX) holds total assets worth AU$9.66 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.

Equatorial Resources Ltd - Total Assets Trend (1989–2025)

This chart illustrates how Equatorial Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Equatorial Resources Ltd - Asset Composition Analysis

Current Asset Composition (June 2025)

Equatorial Resources Ltd's total assets of AU$9.66 Million consist of 100.0% current assets and 0.0% non-current assets.

Asset Category Amount (AUD) % of Total Assets
Cash & Equivalents AU$0.00 99.4%
Accounts Receivable AU$58.90K 0.6%
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 (1989–2025)

This chart illustrates how Equatorial 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: Equatorial Resources Ltd's current assets represent 100.0% of total assets in 2025, an increase from 28.5% in 1989.
  • Cash Position: Cash and equivalents constituted 99.4% of total assets in 2025, up from 25.2% in 1989.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
  • Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.

Equatorial Resources Ltd Competitors by Total Assets

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

Company Country Total Assets
Equinox Resources Ltd
AU:EQN
Australia AU$18.93 Million
Asia Metal Public Company Limited
BK:AMC
Thailand ฿5.82 Billion
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
China CN¥110.74 Billion
HBIS Co Ltd
SHE:000709
China CN¥271.74 Billion
Sgis Songshan Co Ltd
SHE:000717
China CN¥20.01 Billion
Bengang Steel Plates Co Ltd
SHE:000761
China CN¥46.73 Billion
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
China CN¥53.95 Billion
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
China CN¥66.23 Billion

Equatorial 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

Historical Range: 0.00 - 26.38

Lower asset utilization - Equatorial Resources Ltd generates 0.06x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -2461.22% - 3093.87%

Negative ROA - Equatorial Resources Ltd is currently not profitable relative to its asset base.

Equatorial 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 50.79 7.53 182.17
Quick Ratio 50.79 7.58 182.17
Cash Ratio 0.00 0.00 0.00
Working Capital AU$9.47 Million AU$ 12.06 Million AU$ 40.16 Million

Equatorial Resources Ltd - Advanced Valuation Insights

This section examines the relationship between Equatorial 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 2.35
Latest Market Cap to Assets Ratio 0.88
Asset Growth Rate (YoY) -39.2%
Total Assets AU$9.66 Million
Market Capitalization $8.53 Million USD

Valuation Analysis

Near Book Valuation: The market values Equatorial Resources Ltd's assets close to their book value ( 0.88x), suggesting investors view the company's assets at approximately fair value.

Significant Asset Reduction: Equatorial Resources Ltd's assets decreased by 39.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Equatorial Resources Ltd (1989–2025)

The table below shows the annual total assets of Equatorial Resources Ltd from 1989 to 2025.

Year Total Assets Change
2025-06-30 AU$9.66 Million -39.23%
2024-06-30 AU$15.90 Million -4.79%
2023-06-30 AU$16.69 Million -9.75%
2022-06-30 AU$18.50 Million -47.53%
2021-06-30 AU$35.25 Million -17.11%
2020-06-30 AU$42.53 Million +99645.51%
2019-06-30 AU$42.64K +0.73%
2018-06-30 AU$42.33K -0.29%
2017-06-30 AU$42.46K -2.33%
2016-06-30 AU$43.47K -4.50%
2015-06-30 AU$45.52K -11.85%
2014-06-30 AU$51.64K -99.92%
2013-06-30 AU$65.45 Million -32.01%
2012-06-30 AU$96.27 Million +33.45%
2011-06-30 AU$72.14 Million +1547.37%
2010-06-30 AU$4.38 Million +1010.57%
2009-06-30 AU$394.31K -98.17%
2008-06-30 AU$21.56 Million +992.16%
2007-06-30 AU$1.97 Million -21.76%
2006-06-30 AU$2.52 Million -25.09%
2005-06-30 AU$3.37 Million -10.96%
2004-06-30 AU$3.78 Million +70.85%
2003-06-30 AU$2.21 Million -67.04%
2002-06-30 AU$6.72 Million +3.95%
2001-06-30 AU$6.46 Million +10.25%
2000-06-30 AU$5.86 Million -80.64%
1999-06-30 AU$30.27 Million -2.88%
1998-06-30 AU$31.17 Million +1.83%
1997-06-30 AU$30.61 Million +1609.02%
1996-06-30 AU$1.79 Million +89.53%
1995-06-30 AU$945.00K -30.67%
1994-06-30 AU$1.36 Million +4948.15%
1993-06-30 AU$27.00K -77.69%
1992-06-30 AU$121.00K -84.06%
1991-06-30 AU$759.00K +287.24%
1990-06-30 AU$196.00K -55.96%
1989-06-30 AU$445.00K --