Minerals 260 Ltd
Minerals 260 Limited engages in the exploration and evaluation of mineral resources in Australia. The company explores for gold, palladium, nickel, copper, and rare earths elements, as well as precious and battery-related metals. The company holds 100% interest in the Bullabulling Gold Project located in south-west of Kalgoorlie, Western Australian in the Eastern Goldfields; and the Moora project… Read more
Minerals 260 Ltd (MI6) - Total Assets
Latest total assets as of June 2025: AU$238.76 Million AUD
Based on the latest financial reports, Minerals 260 Ltd (MI6) holds total assets worth AU$238.76 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.
Minerals 260 Ltd - Total Assets Trend (2021–2025)
This chart illustrates how Minerals 260 Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Minerals 260 Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Minerals 260 Ltd's total assets of AU$238.76 Million consist of 23.5% current assets and 76.5% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 22.8% |
| Accounts Receivable | AU$3.66K | 0.0% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$182.59 Million | 76.5% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how Minerals 260 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: Minerals 260 Ltd's current assets represent 23.5% of total assets in 2025, a decrease from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 22.8% of total assets in 2025, down from 100.0% 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 property, plant & equipment at 76.5% of total assets.
Minerals 260 Ltd Competitors by Total Assets
Key competitors of Minerals 260 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 |
Minerals 260 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 - Minerals 260 Ltd generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Minerals 260 Ltd is currently not profitable relative to its asset base.
Minerals 260 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 | 4.42 | 17.21 | 28.51 |
| Quick Ratio | 4.42 | 17.15 | 28.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$43.41 Million | AU$ 10.64 Million | AU$ 26.67 Million |
Minerals 260 Ltd - Advanced Valuation Insights
This section examines the relationship between Minerals 260 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 | 3.83 |
| Latest Market Cap to Assets Ratio | 2.29 |
| Asset Growth Rate (YoY) | 1882.2% |
| Total Assets | AU$238.76 Million |
| Market Capitalization | $546.20 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Minerals 260 Ltd's assets at a significant premium ( 2.29x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Minerals 260 Ltd's assets grew by 1882.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Minerals 260 Ltd (2021–2025)
The table below shows the annual total assets of Minerals 260 Ltd from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$238.76 Million | +1882.18% |
| 2024-06-30 | AU$12.05 Million | -31.26% |
| 2023-06-30 | AU$17.52 Million | -26.15% |
| 2022-06-30 | AU$23.73 Million | -14.58% |
| 2021-06-30 | AU$27.78 Million | -- |