Forrestania Resources Ltd
Forrestania Resources Limited engages in the exploration and development of mineral projects in Western Australia and Canada. It primarily explores for copper, gold, lithium, and nickel deposits. The company's flagship projects are the Ada Ann prospect; and Lady Lila prospect located in Western Australia. Forrestania Resources Limited was incorporated in 2021 and is based in Subiaco, Australia.
Forrestania Resources Ltd (FRS) - Total Assets
Latest total assets as of June 2025: AU$7.48 Million AUD
Based on the latest financial reports, Forrestania Resources Ltd (FRS) holds total assets worth AU$7.48 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.
Forrestania Resources Ltd - Total Assets Trend (2020–2024)
This chart illustrates how Forrestania Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forrestania Resources Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Forrestania Resources Ltd's total assets of AU$7.48 Million consist of 14.8% current assets and 85.2% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 12.3% |
| Accounts Receivable | AU$43.49K | 0.6% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$6.38 Million | 85.2% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Forrestania 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: Forrestania Resources Ltd's current assets represent 14.8% of total assets in 2024, a decrease from 36.9% in 2020.
- Cash Position: Cash and equivalents constituted 12.3% of total assets in 2024, up from 10.3% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is property, plant & equipment at 85.2% of total assets.
Forrestania Resources Ltd Competitors by Total Assets
Key competitors of Forrestania Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Forrestania 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 - Forrestania Resources 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 - Forrestania Resources Ltd is currently not profitable relative to its asset base.
Forrestania 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 | 2.39 | 3.44 | 21.49 |
| Quick Ratio | 2.39 | 2.92 | 21.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$642.79K | AU$ 435.85K | AU$ 3.16 Million |
Forrestania Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Forrestania 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 | 74.98 |
| Latest Market Cap to Assets Ratio | 8.56 |
| Asset Growth Rate (YoY) | 19.0% |
| Total Assets | AU$7.48 Million |
| Market Capitalization | $64.03 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Forrestania Resources Ltd's assets at a significant premium ( 8.56x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Forrestania Resources Ltd's assets grew by 19.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Forrestania Resources Ltd (2020–2024)
The table below shows the annual total assets of Forrestania Resources Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$7.48 Million | +18.95% |
| 2023-12-31 | AU$6.29 Million | -38.08% |
| 2022-12-31 | AU$10.16 Million | +45.21% |
| 2021-12-31 | AU$6.99 Million | +3116.67% |
| 2020-12-31 | AU$217.42K | -- |