Minerals 260 Ltd (MI6) - Total Assets
Based on the latest financial reports, Minerals 260 Ltd (MI6) holds total assets worth AU$238.76 Million AUD (≈ $168.94 Million USD) 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. See net assets of Minerals 260 Ltd for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see MI6 company net worth.
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 |
|---|---|---|
|
Avino Silver & Gold Mines Ltd
TO:ASM
|
Canada | CA$221.86 Million |
|
GoGold Resources Inc.
TO:GGD
|
Canada | CA$516.03 Million |
|
Aic Mines Ltd
AU:A1M
|
Australia | AU$376.92 Million |
|
Forrestania Resources Ltd
AU:FRS
|
Australia | AU$7.48 Million |
|
Patagonia Gold Corp
V:PGDC
|
Canada | CA$54.32 Million |
|
Dynacor Gold Mines Inc.
TO:DNG
|
Canada | CA$181.13 Million |
|
Alicanto Minerals Ltd
AU:AQI
|
Australia | AU$4.98 Million |
|
Scottie Resources Corp
V:SCOT
|
Canada | CA$11.92 Million |
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 | 3.69 |
| Asset Growth Rate (YoY) | 1882.2% |
| Total Assets | AU$238.76 Million |
| Market Capitalization | $882.12 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Minerals 260 Ltd's assets at a significant premium (3.69x), 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 ≈ $168.94 Million |
+1882.18% |
| 2024-06-30 | AU$12.05 Million ≈ $8.52 Million |
-31.26% |
| 2023-06-30 | AU$17.52 Million ≈ $12.40 Million |
-26.15% |
| 2022-06-30 | AU$23.73 Million ≈ $16.79 Million |
-14.58% |
| 2021-06-30 | AU$27.78 Million ≈ $19.66 Million |
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About 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