Flagship Minerals Ltd (FLG) - Total Assets
Based on the latest financial reports, Flagship Minerals Ltd (FLG) holds total assets worth AU$13.85 Million AUD (≈ $9.80 Million USD) 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. See FLG total equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see FLG company net worth.
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 |
|---|---|---|
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$44.55 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥25.91 Billion |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.56 Billion |
|
Evolution Metals & Technologies Corp. Common Stock
NASDAQ:EMAT
|
USA | $6.57 Million |
|
Tibet Summit Resources Co Ltd
SHG:600338
|
China | CN¥6.67 Billion |
Flagship Minerals Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.32 | 0.55 | 0.56 |
| Quick Ratio | 0.32 | 0.55 | 0.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-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 | 4.26 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | AU$13.22 Million |
| Market Capitalization | $56.37 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Flagship Minerals Ltd's assets at a significant premium (4.26x), suggesting investors see substantial growth potential or unique competitive advantages.
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 ≈ $9.35 Million |
+5.93% |
| 2023-12-31 | AU$12.48 Million ≈ $8.83 Million |
+12.87% |
| 2022-12-31 | AU$11.06 Million ≈ $7.82 Million |
-14.48% |
| 2021-12-31 | AU$12.93 Million ≈ $9.15 Million |
+42.06% |
| 2020-12-31 | AU$9.10 Million ≈ $6.44 Million |
-1.60% |
| 2019-12-31 | AU$9.25 Million ≈ $6.55 Million |
+8.76% |
| 2018-12-31 | AU$8.51 Million ≈ $6.02 Million |
+18.85% |
| 2017-12-31 | AU$7.16 Million ≈ $5.06 Million |
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About 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.