Errawarra Resources Ltd
Errawarra Resources Ltd engages in the mineral exploration and project development in Australia. It explores for graphite, lithium, nickel, copper, gold, silver, and rare earth elements. The company was incorporated in 2012 and is based in West Perth, Australia.
Errawarra Resources Ltd (ERW) - Total Assets
Latest total assets as of December 2024: AU$995.86K AUD
Based on the latest financial reports, Errawarra Resources Ltd (ERW) holds total assets worth AU$995.86K AUD 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.
Errawarra Resources Ltd - Total Assets Trend (2012–2023)
This chart illustrates how Errawarra Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Errawarra Resources Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Errawarra Resources Ltd's total assets of AU$995.86K consist of 93.3% current assets and 6.7% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 66.1% |
| Accounts Receivable | AU$316.85K | 13.5% |
| 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 (2012–2023)
This chart illustrates how Errawarra 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: Errawarra Resources Ltd's current assets represent 93.3% of total assets in 2023, an increase from 82.4% in 2012.
- Cash Position: Cash and equivalents constituted 66.1% of total assets in 2023, up from 10.3% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 13.5% of total assets.
Errawarra Resources Ltd Competitors by Total Assets
Key competitors of Errawarra Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 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 |
Errawarra 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 - Errawarra Resources Ltd generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Errawarra Resources Ltd is currently not profitable relative to its asset base.
Errawarra 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 | 2.04 | 14.15 | 0.15 |
| Quick Ratio | 2.04 | 14.15 | 0.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$446.25K | AU$ 3.77 Million | AU$ -346.43K |
Errawarra Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Errawarra 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 | 43.96 |
| Latest Market Cap to Assets Ratio | 1.54 |
| Asset Growth Rate (YoY) | 60.9% |
| Total Assets | AU$2.34 Million |
| Market Capitalization | $3.60 Million USD |
Valuation Analysis
Above Book Valuation: The market values Errawarra Resources Ltd's assets above their book value (1.54 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Errawarra Resources Ltd's assets grew by 60.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Errawarra Resources Ltd (2012–2023)
The table below shows the annual total assets of Errawarra Resources Ltd from 2012 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | AU$2.34 Million | +60.86% |
| 2022-12-31 | AU$1.45 Million | -57.92% |
| 2021-12-31 | AU$3.46 Million | -3.71% |
| 2020-12-31 | AU$3.59 Million | -42.90% |
| 2019-12-31 | AU$6.29 Million | +10393.55% |
| 2018-12-31 | AU$59.90K | +117.23% |
| 2017-12-31 | AU$27.57K | -80.46% |
| 2016-12-31 | AU$141.09K | -52.47% |
| 2015-12-31 | AU$296.87K | +286.22% |
| 2014-12-31 | AU$76.86K | -69.80% |
| 2013-12-31 | AU$254.56K | -30.76% |
| 2012-12-31 | AU$367.63K | -- |