Mindax Ltd (MDX) - Total Assets
Based on the latest financial reports, Mindax Ltd (MDX) holds total assets worth AU$30.14 Million AUD (≈ $21.33 Million USD) 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. See how leveraged is Mindax Ltd's balance sheet to measure how much of total assets are equity-financed.
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 how much of Mindax Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Mindax Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Mindax Ltd's total assets of AU$30.14 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. For live market cap, price, and company overview, see MDX market cap overview.
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 |
|---|---|---|
|
Viromed Medical AG
DU:Q11
|
Germany | €339.03 Million |
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$51.48 Billion |
|
Barrick Mining Corporation
NYSE:B
|
USA | $52.76 Billion |
|
Gold Fields Ltd ADR
NYSE:GFI
|
USA | $15.23 Billion |
|
Gold Fields Ltd DRC
BA:GFI
|
Argentina | AR$15.23 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Northern Star Resources Ltd
AU:NST
|
Australia | AU$20.70 Billion |
|
Evolution Mining Ltd
AU:EVN
|
Australia | AU$10.02 Billion |
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 | 1.29 | 0.38 | 0.04 |
| Quick Ratio | 1.29 | 0.38 | 0.04 |
| Cash Ratio | 0.10 | 0.32 | 0.00 |
| Working Capital | AU$425.17K | AU$-1.16 Million | AU$-1.34 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 | 1.97 |
| Latest Market Cap to Assets Ratio | 0.99 |
| Asset Growth Rate (YoY) | 26.9% |
| Total Assets | AU$33.93 Million |
| Market Capitalization | $33.44 Million USD |
Valuation Analysis
Near Book Valuation: The market values Mindax Ltd's assets close to their book value (0.99x), suggesting investors view the company's assets at approximately fair value.
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 ≈ $24.00 Million |
+26.93% |
| 2024-06-30 | AU$26.73 Million ≈ $18.91 Million |
+38.32% |
| 2023-06-30 | AU$19.32 Million ≈ $13.67 Million |
+1.82% |
| 2022-06-30 | AU$18.98 Million ≈ $13.43 Million |
+346.47% |
| 2021-06-30 | AU$4.25 Million ≈ $3.01 Million |
+62.31% |
| 2020-06-30 | AU$2.62 Million ≈ $1.85 Million |
+17.86% |
| 2019-06-30 | AU$2.22 Million ≈ $1.57 Million |
+1.16% |
| 2018-06-30 | AU$2.20 Million ≈ $1.55 Million |
+22.08% |
| 2017-06-30 | AU$1.80 Million ≈ $1.27 Million |
+13.93% |
| 2016-06-30 | AU$1.58 Million ≈ $1.12 Million |
-9.78% |
| 2015-06-30 | AU$1.75 Million ≈ $1.24 Million |
-92.31% |
| 2014-06-30 | AU$22.78 Million ≈ $16.12 Million |
-19.29% |
| 2013-06-30 | AU$28.22 Million ≈ $19.97 Million |
+20.56% |
| 2012-06-30 | AU$23.41 Million ≈ $16.56 Million |
+17.19% |
| 2011-06-30 | AU$19.97 Million ≈ $14.13 Million |
+0.11% |
| 2010-06-30 | AU$19.95 Million ≈ $14.12 Million |
+44.80% |
| 2009-06-30 | AU$13.78 Million ≈ $9.75 Million |
-2.54% |
| 2008-06-30 | AU$14.14 Million ≈ $10.00 Million |
+196.38% |
| 2007-06-30 | AU$4.77 Million ≈ $3.38 Million |
-12.57% |
| 2006-06-30 | AU$5.46 Million ≈ $3.86 Million |
+12.16% |
| 2005-06-30 | AU$4.86 Million ≈ $3.44 Million |
+482.58% |
| 2004-06-30 | AU$835.00K ≈ $590.82K |
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About 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