Mindax Ltd
Mindax Limited engages in the exploration and development of mineral properties in Australia. The company operates in two segments, Gold and Iron Ore. Its flagship property is the 65% owned Mt Forrest Iron project, including seven mining leases covering an area of approximately 53 square kilometers situated in the Yilgarn province of Western Australia's Mid-West region. The company was incorporat… Read more
Mindax Ltd (MDX) - Total Assets
Latest total assets as of June 2025: AU$33.93 Million AUD
Based on the latest financial reports, Mindax Ltd (MDX) holds total assets worth AU$33.93 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.
Mindax Ltd - Total Assets Trend (2004–2025)
This chart illustrates how Mindax Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mindax Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Mindax Ltd's total assets of AU$33.93 Million consist of 4.6% current assets and 95.4% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$1.32 Million | 3.9% |
| Accounts Receivable | AU$65.11K | 0.2% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$25.44 Million | 75.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2004–2025)
This chart illustrates how Mindax 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: Mindax Ltd's current assets represent 4.6% of total assets in 2025, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 3.9% of total assets in 2025, down from 28.1% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is property, plant & equipment at 75.0% of total assets.
Mindax Ltd Competitors by Total Assets
Key competitors of Mindax 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 |
Mindax 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 - Mindax 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 - Mindax Ltd is currently not profitable relative to its asset base.
Mindax 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 | 1.06 | 0.36 | 0.13 |
| Quick Ratio | 1.06 | 0.36 | 0.13 |
| Cash Ratio | 0.90 | 0.32 | 0.00 |
| Working Capital | AU$93.27K | AU$ -1.06 Million | AU$ -1.29 Million |
Mindax Ltd - Advanced Valuation Insights
This section examines the relationship between Mindax 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 | 3.93 |
| Latest Market Cap to Assets Ratio | 0.79 |
| Asset Growth Rate (YoY) | 26.9% |
| Total Assets | AU$33.93 Million |
| Market Capitalization | $26.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mindax Ltd's assets below their book value (0.79 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Mindax Ltd's assets grew by 26.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mindax Ltd (2004–2025)
The table below shows the annual total assets of Mindax Ltd from 2004 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$33.93 Million | +26.93% |
| 2024-06-30 | AU$26.73 Million | +38.32% |
| 2023-06-30 | AU$19.32 Million | +1.82% |
| 2022-06-30 | AU$18.98 Million | +346.47% |
| 2021-06-30 | AU$4.25 Million | +62.31% |
| 2020-06-30 | AU$2.62 Million | +17.86% |
| 2019-06-30 | AU$2.22 Million | +1.16% |
| 2018-06-30 | AU$2.20 Million | +22.08% |
| 2017-06-30 | AU$1.80 Million | +13.93% |
| 2016-06-30 | AU$1.58 Million | -9.78% |
| 2015-06-30 | AU$1.75 Million | -92.31% |
| 2014-06-30 | AU$22.78 Million | -19.29% |
| 2013-06-30 | AU$28.22 Million | +20.56% |
| 2012-06-30 | AU$23.41 Million | +17.19% |
| 2011-06-30 | AU$19.97 Million | +0.11% |
| 2010-06-30 | AU$19.95 Million | +44.80% |
| 2009-06-30 | AU$13.78 Million | -2.54% |
| 2008-06-30 | AU$14.14 Million | +196.38% |
| 2007-06-30 | AU$4.77 Million | -12.57% |
| 2006-06-30 | AU$5.46 Million | +12.16% |
| 2005-06-30 | AU$4.86 Million | +482.58% |
| 2004-06-30 | AU$835.00K | -- |