Horseshoe Metals Ltd (HOR) - Total Assets
Based on the latest financial reports, Horseshoe Metals Ltd (HOR) holds total assets worth AU$9.33 Million AUD (≈ $6.60 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 HOR net asset value for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see HOR market cap.
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 |
|---|---|---|
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Vale S.A
F:CVLB
|
Germany | €86.53 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥148.85 Billion |
|
Silver X Mining Corp
V:AGX
|
Canada | CA$58.06 Million |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$647.20 Million |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.11 Billion |
|
Sichuan Anning Iron and Titanium Co
SHE:002978
|
China | CN¥16.68 Billion |
Horseshoe Metals Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.06 | 0.04 | 0.05 |
| Quick Ratio | 0.06 | 0.04 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-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 | 1.38 |
| Asset Growth Rate (YoY) | 3.7% |
| Total Assets | AU$8.86 Million |
| Market Capitalization | $12.19 Million USD |
Valuation Analysis
Above Book Valuation: The market values Horseshoe Metals Ltd's assets above their book value (1.38x), 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 ≈ $6.27 Million |
+3.74% |
| 2023-12-31 | AU$8.54 Million ≈ $6.04 Million |
+3.45% |
| 2022-12-31 | AU$8.26 Million ≈ $5.84 Million |
-2.51% |
| 2021-12-31 | AU$8.47 Million ≈ $5.99 Million |
+18.11% |
| 2020-12-31 | AU$7.17 Million ≈ $5.07 Million |
+5.07% |
| 2019-12-31 | AU$6.82 Million ≈ $4.83 Million |
+3.17% |
| 2018-12-31 | AU$6.61 Million ≈ $4.68 Million |
-1.40% |
| 2017-12-31 | AU$6.71 Million ≈ $4.75 Million |
+0.76% |
| 2016-12-31 | AU$6.66 Million ≈ $4.71 Million |
-0.21% |
| 2015-12-31 | AU$6.67 Million ≈ $4.72 Million |
-7.97% |
| 2014-12-31 | AU$7.25 Million ≈ $5.13 Million |
+3.88% |
| 2013-12-31 | AU$6.98 Million ≈ $4.94 Million |
-51.78% |
| 2012-12-31 | AU$14.47 Million ≈ $10.24 Million |
+35.71% |
| 2011-12-31 | AU$10.66 Million ≈ $7.54 Million |
-7.32% |
| 2010-12-31 | AU$11.51 Million ≈ $8.14 Million |
+66.72% |
| 2009-12-31 | AU$6.90 Million ≈ $4.88 Million |
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About 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