Lycaon Resources Ltd
Solara Minerals Ltd operates as a mineral exploration company in Australia. It primarily explores for gold, nickel, copper, cobalt, Niobium, Lithium, iron oxide, and platinum group elements. Solara Minerals Ltd was formerly known as Lycaon Resources Limited and changed its name to Solara Minerals Ltd in March, 2025. Solara Minerals Ltd was incorporated in 2021 and is based in Perth, Australia.
Lycaon Resources Ltd (LYN) - Total Assets
Latest total assets as of June 2024: AU$7.21 Million AUD
Based on the latest financial reports, Lycaon Resources Ltd (LYN) holds total assets worth AU$7.21 Million AUD as of June 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.
Lycaon Resources Ltd - Total Assets Trend (2021–2024)
This chart illustrates how Lycaon Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lycaon Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Lycaon Resources Ltd's total assets of AU$7.21 Million consist of 65.4% current assets and 34.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 64.6% |
| Accounts Receivable | AU$36.77K | 0.5% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Lycaon 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: Lycaon Resources Ltd's current assets represent 65.4% of total assets in 2024, a decrease from 93.5% in 2021.
- Cash Position: Cash and equivalents constituted 64.6% of total assets in 2024, down from 93.5% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Lycaon Resources Ltd Competitors by Total Assets
Key competitors of Lycaon Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
5YY0
F:5YY0
|
Germany | €11.52 Million |
|
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 |
|
China Silver Group Limited
F:2CS
|
Germany | €2.12 Billion |
Lycaon 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 - Lycaon 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 - Lycaon Resources Ltd is currently not profitable relative to its asset base.
Lycaon 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 | 48.58 | 36.26 | 9868.42 |
| Quick Ratio | 48.58 | 36.08 | 9911.12 |
| Cash Ratio | 0.00 | 23.46 | 0.00 |
| Working Capital | AU$4.62 Million | AU$ 3.72 Million | AU$ 4.50 Million |
Lycaon Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Lycaon 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 | 1.09 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | 70.4% |
| Total Assets | AU$7.21 Million |
| Market Capitalization | $2.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Lycaon Resources Ltd's assets below their book value (0.34 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Lycaon Resources Ltd's assets grew by 70.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Lycaon Resources Ltd (2021–2024)
The table below shows the annual total assets of Lycaon Resources Ltd from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$7.21 Million | +70.40% |
| 2023-06-30 | AU$4.23 Million | -24.53% |
| 2022-06-30 | AU$5.61 Million | +16.53% |
| 2021-06-30 | AU$4.81 Million | -- |