M3 Mining Ltd
M3 Mining Limited engages in the exploration and evaluation of mineral resources in Australia. It primarily explores for copper and gold deposits. The company holds 100% interest in the Edjudina located approximately 150 km north east of the of Kalgoorlie in Western Australia; and the Victoria Bore project located in south east of Exmouth in Western Australia. M3 Mining Limited was incorporated i… Read more
M3 Mining Ltd (M3M) - Total Assets
Latest total assets as of December 2025: AU$2.05 Million AUD
Based on the latest financial reports, M3 Mining Ltd (M3M) holds total assets worth AU$2.05 Million AUD as of December 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.
M3 Mining Ltd - Total Assets Trend (2020–2024)
This chart illustrates how M3 Mining Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
M3 Mining Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
M3 Mining Ltd's total assets of AU$2.05 Million consist of 88.3% current assets and 11.7% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 81.9% |
| Accounts Receivable | AU$22.83K | 2.2% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$119.19K | 11.7% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how M3 Mining 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: M3 Mining Ltd's current assets represent 88.3% of total assets in 2024, a decrease from 99.2% in 2020.
- Cash Position: Cash and equivalents constituted 81.9% of total assets in 2024, down from 99.0% 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 11.7% of total assets.
M3 Mining Ltd Competitors by Total Assets
Key competitors of M3 Mining Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
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 |
M3 Mining 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 - M3 Mining Ltd generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - M3 Mining Ltd is currently not profitable relative to its asset base.
M3 Mining 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 | 45.39 | 28.27 | 15.90 |
| Quick Ratio | 45.39 | 28.27 | 15.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$1.89 Million | AU$ 1.88 Million | AU$ 338.90K |
M3 Mining Ltd - Advanced Valuation Insights
This section examines the relationship between M3 Mining 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 | 2.91 |
| Latest Market Cap to Assets Ratio | 2.89 |
| Asset Growth Rate (YoY) | -51.8% |
| Total Assets | AU$1.02 Million |
| Market Capitalization | $2.95 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values M3 Mining Ltd's assets at a significant premium ( 2.89x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: M3 Mining Ltd's assets decreased by 51.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for M3 Mining Ltd (2020–2024)
The table below shows the annual total assets of M3 Mining Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$1.02 Million | -51.75% |
| 2023-12-31 | AU$2.12 Million | -29.96% |
| 2022-12-31 | AU$3.02 Million | -17.75% |
| 2021-12-31 | AU$3.67 Million | +85.97% |
| 2020-12-31 | AU$1.98 Million | -- |