Firetail Resources Ltd (FTL) - Total Assets
Based on the latest financial reports, Firetail Resources Ltd (FTL) holds total assets worth AU$27.89 Million AUD (≈ $19.74 Million 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. See Firetail Resources Ltd (FTL) shareholders funds for net asset value and shareholders' equity analysis.
Firetail Resources Ltd - Total Assets Trend (2020–2024)
This chart illustrates how Firetail Resources Ltd's total assets have evolved over time, based on quarterly financial data.
Firetail Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Firetail Resources Ltd's total assets of AU$27.89 Million consist of 21.5% current assets and 78.5% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$4.70 Million | 21.2% |
| Accounts Receivable | AU$41.26K | 0.2% |
| Inventory | AU$-41.26K | -0.2% |
| Property, Plant & Equipment | AU$17.04 Million | 76.9% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Firetail 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. For live market cap, price, and company overview, see market value of Firetail Resources Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Firetail Resources Ltd's current assets represent 21.5% of total assets in 2024, an increase from 0.0% in 2020.
- Cash Position: Cash and equivalents constituted 21.2% of total assets in 2024, up from 0.0% 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 76.9% of total assets.
Firetail Resources Ltd Competitors by Total Assets
Key competitors of Firetail Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Avino Silver & Gold Mines Ltd
TO:ASM
|
Canada | CA$221.86 Million |
|
GoGold Resources Inc.
TO:GGD
|
Canada | CA$516.03 Million |
|
Aic Mines Ltd
AU:A1M
|
Australia | AU$376.92 Million |
|
Forrestania Resources Ltd
AU:FRS
|
Australia | AU$7.48 Million |
|
Patagonia Gold Corp
V:PGDC
|
Canada | CA$54.32 Million |
|
Dynacor Gold Mines Inc.
TO:DNG
|
Canada | CA$181.13 Million |
|
Alicanto Minerals Ltd
AU:AQI
|
Australia | AU$4.98 Million |
|
Scottie Resources Corp
V:SCOT
|
Canada | CA$11.92 Million |
Firetail 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 | 1.89 | 14.14 | 0.00 |
| Quick Ratio | 1.89 | 14.23 | 0.00 |
| Cash Ratio | 1.09 | 13.97 | 0.00 |
| Working Capital | AU$841.46K | AU$5.98 Million | AU$-49.24K |
Firetail Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Firetail 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 | 2.46 |
| Latest Market Cap to Assets Ratio | 1.85 |
| Asset Growth Rate (YoY) | 52.1% |
| Total Assets | AU$22.15 Million |
| Market Capitalization | $40.98 Million USD |
Valuation Analysis
Above Book Valuation: The market values Firetail Resources Ltd's assets above their book value (1.85x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Firetail Resources Ltd's assets grew by 52.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Firetail Resources Ltd (2020–2024)
The table below shows the annual total assets of Firetail Resources Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$22.15 Million ≈ $15.68 Million |
+52.12% |
| 2023-06-30 | AU$14.56 Million ≈ $10.30 Million |
-4.57% |
| 2022-06-30 | AU$15.26 Million ≈ $10.80 Million |
+29672.47% |
| 2021-06-30 | AU$51.26K ≈ $36.27K |
+7.84% |
| 2020-06-30 | AU$47.53K ≈ $33.63K |
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About Firetail Resources Ltd
Firetail Resources Limited engages in the acquisition and exploration of resource projects in Australia, Peru, and Canada. It explores for copper, zinc, rubidium, lithium, gold, silver, nickel, cobalt, lead, molybdenum, and manganese. The company also has an option agreement to acquire 80% interest in the York Harbour project that consists of 189 mineral claims totaling an area of approximately 4… Read more