Flagship Minerals Ltd
Flagship Minerals Limited engages in the exploration and development of lithium and copper deposits in Chile and Thailand. It also explores for gold and silver deposits. The company was formerly known as Pan Asia Metals Limited and changed its name to Flagship Minerals Limited in January 2025. Flagship Minerals Limited was incorporated in 2017 and is based in Sydney, Australia.
Flagship Minerals Ltd (FLG) - Total Assets
Latest total assets as of June 2025: AU$13.85 Million AUD
Based on the latest financial reports, Flagship Minerals Ltd (FLG) holds total assets worth AU$13.85 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.
Flagship Minerals Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Flagship Minerals Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Flagship Minerals Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Flagship Minerals Ltd's total assets of AU$13.85 Million consist of 4.9% current assets and 95.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 1.1% |
| Accounts Receivable | AU$484.90K | 3.7% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$12.56 Million | 95.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Flagship Minerals 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: Flagship Minerals Ltd's current assets represent 4.9% of total assets in 2024, a decrease from 6.4% in 2017.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, down from 3.6% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 95.0% of total assets.
Flagship Minerals Ltd Competitors by Total Assets
Key competitors of Flagship Minerals 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 | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
Flagship Minerals Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Flagship Minerals Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Flagship Minerals Ltd is currently not profitable relative to its asset base.
Flagship Minerals Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.32 | 0.55 | 0.56 |
| Quick Ratio | 0.32 | 0.55 | 0.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-1.90 Million | AU$ -787.43K | AU$ -111.57K |
Flagship Minerals Ltd - Advanced Valuation Insights
This section examines the relationship between Flagship Minerals 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 | 4.74 |
| Latest Market Cap to Assets Ratio | 1.63 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | AU$13.22 Million |
| Market Capitalization | $21.49 Million USD |
Valuation Analysis
Above Book Valuation: The market values Flagship Minerals Ltd's assets above their book value (1.63 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Flagship Minerals Ltd's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Flagship Minerals Ltd (2017–2024)
The table below shows the annual total assets of Flagship Minerals Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$13.22 Million | +5.93% |
| 2023-12-31 | AU$12.48 Million | +12.87% |
| 2022-12-31 | AU$11.06 Million | -14.48% |
| 2021-12-31 | AU$12.93 Million | +42.06% |
| 2020-12-31 | AU$9.10 Million | -1.60% |
| 2019-12-31 | AU$9.25 Million | +8.76% |
| 2018-12-31 | AU$8.51 Million | +18.85% |
| 2017-12-31 | AU$7.16 Million | -- |