Errawarra Resources Ltd Total Assets
Errawarra Resources Ltd total assets. Based on the latest financial reports, Errawarra Resources Ltd (ERW) holds total assets worth AU$995.86K AUD (≈ $704.63K USD) 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. Also see ERW market cap for the company's overall valuation and market capitalisation.
Total Assets of Errawarra Resources Ltd (2012–2023)
Total assets of Errawarra Resources Ltd from 2012 to 2023. This chart illustrates how Errawarra Resources Ltd's total assets have evolved over time, based on quarterly financial data. See today's stock price for Errawarra Resources Ltd for real-time trading data and today's change.
Errawarra Resources Ltd - Asset Composition Analysis
Errawarra Resources Ltd Total Assets Breakdown (December 2023)
Errawarra Resources Ltd total assets breakdown as of 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. Explore ERW working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Xiamen Tungsten Co Ltd
SHG:600549
|
China | CN¥63.93 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$605.62 Million |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
|
China | CN¥3.58 Billion |
|
Jinhui Mining Co Ltd
SHG:603132
|
China | CN¥7.49 Billion |
|
Nickel Industries Ltd
AU:NIC
|
Australia | AU$4.07 Billion |
|
African Rainbow Minerals Ltd
JSE:ARI
|
South Africa | ZAC74.33 Billion |
|
Lithium Americas Corp
TO:LAC
|
Canada | CA$3.53 Billion |
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 | 2.49 |
| Asset Growth Rate (YoY) | 60.9% |
| Total Assets | AU$2.34 Million |
| Market Capitalization | $5.82 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Errawarra Resources Ltd's assets at a significant premium (2.49x), suggesting investors see substantial growth potential or unique competitive advantages.
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 ≈ $1.66 Million |
+60.86% |
| 2022-12-31 | AU$1.45 Million ≈ $1.03 Million |
-57.92% |
| 2021-12-31 | AU$3.46 Million ≈ $2.45 Million |
-3.71% |
| 2020-12-31 | AU$3.59 Million ≈ $2.54 Million |
-42.90% |
| 2019-12-31 | AU$6.29 Million ≈ $4.45 Million |
+10393.55% |
| 2018-12-31 | AU$59.90K ≈ $42.38K |
+117.23% |
| 2017-12-31 | AU$27.57K ≈ $19.51K |
-80.46% |
| 2016-12-31 | AU$141.09K ≈ $99.83K |
-52.47% |
| 2015-12-31 | AU$296.87K ≈ $210.05K |
+286.22% |
| 2014-12-31 | AU$76.86K ≈ $54.39K |
-69.80% |
| 2013-12-31 | AU$254.56K ≈ $180.12K |
-30.76% |
| 2012-12-31 | AU$367.63K ≈ $260.12K |
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About 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.