Iondrive Ltd
Iondrive Limited engages in the development and commercialization of battery technology; and lithium exploration. It also explores for gold, silver, copper, palladium, and rare earth elements. The company was formerly known as Southern Gold Limited and changed its name to Iondrive Limited in November 2023. Iondrive Limited was incorporated in 2004 and is based in Adelaide, Australia.
Iondrive Ltd (ION) - Total Assets
Latest total assets as of June 2025: AU$8.99 Million AUD
Based on the latest financial reports, Iondrive Ltd (ION) holds total assets worth AU$8.99 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.
Iondrive Ltd - Total Assets Trend (2020–2025)
This chart illustrates how Iondrive Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Iondrive Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Iondrive Ltd's total assets of AU$8.99 Million consist of 82.8% current assets and 17.2% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 65.3% |
| Accounts Receivable | AU$1.14 Million | 12.7% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$13.73K | 0.2% |
| Intangible Assets | AU$1.45 Million | 16.1% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how Iondrive 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: Iondrive Ltd's current assets represent 82.8% of total assets in 2025, an increase from 48.2% in 2020.
- Cash Position: Cash and equivalents constituted 65.3% of total assets in 2025, up from 30.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 16.1% of total assets.
Iondrive Ltd Competitors by Total Assets
Key competitors of Iondrive Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Iondrive 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 - Iondrive Ltd generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Iondrive Ltd is currently not profitable relative to its asset base.
Iondrive 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 | 4.84 | 3.62 | 7.27 |
| Quick Ratio | 4.84 | 3.62 | 7.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$5.91 Million | AU$ 2.51 Million | AU$ 5.81 Million |
Iondrive Ltd - Advanced Valuation Insights
This section examines the relationship between Iondrive 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 | 3.51 |
| Latest Market Cap to Assets Ratio | 1.03 |
| Asset Growth Rate (YoY) | 80.1% |
| Total Assets | AU$8.99 Million |
| Market Capitalization | $9.25 Million USD |
Valuation Analysis
Above Book Valuation: The market values Iondrive Ltd's assets above their book value (1.03 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Iondrive Ltd's assets grew by 80.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Iondrive Ltd (2020–2025)
The table below shows the annual total assets of Iondrive Ltd from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$8.99 Million | +80.08% |
| 2024-06-30 | AU$4.99 Million | -41.96% |
| 2023-06-30 | AU$8.61 Million | -31.86% |
| 2022-06-30 | AU$12.63 Million | -49.71% |
| 2021-06-30 | AU$25.11 Million | +107.38% |
| 2020-06-30 | AU$12.11 Million | -- |