Noronex Ltd (NRX) - Total Assets
Based on the latest financial reports, Noronex Ltd (NRX) holds total assets worth AU$2.44 Million AUD (≈ $1.73 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 NRX book value for net asset value and shareholders' equity analysis.
Noronex Ltd - Total Assets Trend (2016–2025)
This chart illustrates how Noronex Ltd's total assets have evolved over time, based on quarterly financial data.
Noronex Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Noronex Ltd's total assets of AU$2.44 Million consist of 67.1% current assets and 32.9% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$1.01 Million | 46.0% |
| Accounts Receivable | AU$160.58K | 7.3% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$723.77K | 32.9% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2016–2025)
This chart illustrates how Noronex 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 how much is Noronex Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Noronex Ltd's current assets represent 67.1% of total assets in 2025, a decrease from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 46.0% of total assets in 2025, up from 0.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is cash and equivalents at 46.0% of total assets.
Noronex Ltd Competitors by Total Assets
Key competitors of Noronex Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
First Quantum Minerals Ltd
TO:FM
|
Canada | CA$25.24 Billion |
|
HudBay Minerals Inc
TO:HBM
|
Canada | CA$6.21 Billion |
|
Capstone Mining Corp
TO:CS
|
Canada | CA$6.96 Billion |
|
Taseko Mines Ltd
TO:TKO
|
Canada | CA$2.33 Billion |
|
Sandfire Resources Ltd
AU:SFR
|
Australia | AU$2.87 Billion |
|
Amerigo Resources Ltd.
TO:ARG
|
Canada | CA$191.00 Million |
|
Faraday Copper Corp.
TO:FDY
|
Canada | CA$69.15 Million |
|
Los Andes Copper Limited
V:LA
|
Canada | CA$104.16 Million |
Noronex 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 | 1.65 | 1.22 | 12.87 |
| Quick Ratio | 1.65 | 1.22 | 12.87 |
| Cash Ratio | 1.10 | 0.64 | 12.69 |
| Working Capital | AU$669.73K | AU$173.93K | AU$3.77 Million |
Noronex Ltd - Advanced Valuation Insights
This section examines the relationship between Noronex 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 | 4.18 |
| Latest Market Cap to Assets Ratio | 2.05 |
| Asset Growth Rate (YoY) | -42.2% |
| Total Assets | AU$2.20 Million |
| Market Capitalization | $4.51 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Noronex Ltd's assets at a significant premium (2.05x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Noronex Ltd's assets decreased by 42.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Noronex Ltd (2016–2025)
The table below shows the annual total assets of Noronex Ltd from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$2.20 Million ≈ $1.56 Million |
-42.21% |
| 2024-06-30 | AU$3.81 Million ≈ $2.70 Million |
+14.62% |
| 2023-06-30 | AU$3.32 Million ≈ $2.35 Million |
-34.12% |
| 2022-06-30 | AU$5.05 Million ≈ $3.57 Million |
-11.77% |
| 2021-06-30 | AU$5.72 Million ≈ $4.05 Million |
+277.59% |
| 2020-06-30 | AU$1.51 Million ≈ $1.07 Million |
-28.50% |
| 2019-06-30 | AU$2.12 Million ≈ $1.50 Million |
-38.56% |
| 2018-06-30 | AU$3.45 Million ≈ $2.44 Million |
+1197.45% |
| 2017-06-30 | AU$265.73K ≈ $188.02K |
+664225.00% |
| 2016-06-30 | AU$40.00 ≈ $28.30 |
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About Noronex Ltd
Noronex Limited engages in the mineral exploration in Australia, Namibia, and Canada. It primarily explores for uranium and copper deposits. The company's flagship project is the Witvlei Copper project in Namibia. The company was formerly known as Lustrum Minerals Limited and changed its name to Noronex Limited in November 2020. Noronex Limited was incorporated in 2015 and is based in Subiaco, Au… Read more