Horseshoe Metals Ltd
Horseshoe Metals Limited engages in the development, exploration, and evaluation of mineral properties in Australia. It primarily explores for copper and gold deposits. The company owns 100% interests in the Horseshoe Lights project that comprises seventeen tenements covering an area of approximately 340 square kilometers located in Bryah Basin region of Western Australia. Horseshoe Metals Limite… Read more
Horseshoe Metals Ltd (HOR) - Total Assets
Latest total assets as of June 2025: AU$9.33 Million AUD
Based on the latest financial reports, Horseshoe Metals Ltd (HOR) holds total assets worth AU$9.33 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.
Horseshoe Metals Ltd - Total Assets Trend (2009–2024)
This chart illustrates how Horseshoe Metals Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Horseshoe Metals Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Horseshoe Metals Ltd's total assets of AU$9.33 Million consist of 1.5% current assets and 98.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0.0% |
| Accounts Receivable | AU$67.45K | 0.8% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$8.73 Million | 98.6% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Horseshoe Metals 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: Horseshoe Metals Ltd's current assets represent 1.5% of total assets in 2024, a decrease from 74.3% in 2009.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 73.8% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is property, plant & equipment at 98.6% of total assets.
Horseshoe Metals Ltd Competitors by Total Assets
Key competitors of Horseshoe Metals 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 | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
Horseshoe Metals Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Horseshoe Metals Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Horseshoe Metals Ltd is currently not profitable relative to its asset base.
Horseshoe Metals Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.06 | 0.04 | 0.05 |
| Quick Ratio | 0.06 | 0.04 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-4.81 Million | AU$ -3.09 Million | AU$ -1.30 Million |
Horseshoe Metals Ltd - Advanced Valuation Insights
This section examines the relationship between Horseshoe Metals 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 | 250.59 |
| Latest Market Cap to Assets Ratio | 1.06 |
| Asset Growth Rate (YoY) | 3.7% |
| Total Assets | AU$8.86 Million |
| Market Capitalization | $9.35 Million USD |
Valuation Analysis
Above Book Valuation: The market values Horseshoe Metals Ltd's assets above their book value (1.06 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Horseshoe Metals Ltd's assets grew by 3.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Horseshoe Metals Ltd (2009–2024)
The table below shows the annual total assets of Horseshoe Metals Ltd from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$8.86 Million | +3.74% |
| 2023-12-31 | AU$8.54 Million | +3.45% |
| 2022-12-31 | AU$8.26 Million | -2.51% |
| 2021-12-31 | AU$8.47 Million | +18.11% |
| 2020-12-31 | AU$7.17 Million | +5.07% |
| 2019-12-31 | AU$6.82 Million | +3.17% |
| 2018-12-31 | AU$6.61 Million | -1.40% |
| 2017-12-31 | AU$6.71 Million | +0.76% |
| 2016-12-31 | AU$6.66 Million | -0.21% |
| 2015-12-31 | AU$6.67 Million | -7.97% |
| 2014-12-31 | AU$7.25 Million | +3.88% |
| 2013-12-31 | AU$6.98 Million | -51.78% |
| 2012-12-31 | AU$14.47 Million | +35.71% |
| 2011-12-31 | AU$10.66 Million | -7.32% |
| 2010-12-31 | AU$11.51 Million | +66.72% |
| 2009-12-31 | AU$6.90 Million | -- |