Novo Resources Corp (NVO) - Total Assets
Based on the latest financial reports, Novo Resources Corp (NVO) holds total assets worth AU$86.42 Million AUD as of September 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.
Novo Resources Corp - Total Assets Trend (2010–2024)
This chart illustrates how Novo Resources Corp's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Novo Resources Corp - Asset Composition Analysis
Current Asset Composition (September 2024)
Novo Resources Corp's total assets of AU$86.42 Million consist of 13.4% current assets and 86.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 12.5% |
| Accounts Receivable | AU$0.00 | 0.0% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$41.80 Million | 49.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Novo Resources Corp'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: Novo Resources Corp's current assets represent 13.4% of total assets in 2024, a decrease from 79.1% in 2010.
- Cash Position: Cash and equivalents constituted 12.5% of total assets in 2024, down from 78.9% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is property, plant & equipment at 49.0% of total assets.
Novo Resources Corp Competitors by Total Assets
Key competitors of Novo Resources Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Asante Gold Corporation
F:1A9
|
Germany | €913.08 Million |
|
Yukon Metals Corp.
F:E770
|
Germany | €28.43 Million |
|
Alamos Gold Inc
NYSE:AGI
|
USA | $5.98 Billion |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
AMIGO HLDGS PLC. LS-0025
F:0VG
|
Germany | €46.30 Million |
|
American Pacific Mining Corp
F:1QC1
|
Germany | €39.92 Million |
Novo Resources Corp - 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 | 3.04 | 1.08 | 42.10 |
| Quick Ratio | 3.04 | 1.08 | 42.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$8.24 Million | AU$517.00K | AU$1.52 Million |
Novo Resources Corp - Advanced Valuation Insights
This section examines the relationship between Novo Resources Corp'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 | 0.64 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | -19.9% |
| Total Assets | AU$85.27 Million |
| Market Capitalization | $17.56 Million USD |
Valuation Analysis
Below Book Valuation: The market values Novo Resources Corp's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Novo Resources Corp's assets decreased by 19.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Novo Resources Corp (2010–2024)
The table below shows the annual total assets of Novo Resources Corp from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | AU$85.27 Million | -19.89% |
| 2023-09-30 | AU$106.45 Million | -58.44% |
| 2022-09-30 | AU$256.16 Million | -44.64% |
| 2021-09-30 | AU$462.68 Million | +6858.58% |
| 2020-09-30 | AU$6.65 Million | +278.81% |
| 2019-09-30 | AU$1.76 Million | +11.41% |
| 2018-09-30 | AU$1.58 Million | -62.92% |
| 2017-09-30 | AU$4.25 Million | -55.90% |
| 2016-09-30 | AU$9.63 Million | +231.53% |
| 2015-09-30 | AU$2.91 Million | +57.30% |
| 2014-09-30 | AU$1.85 Million | -14.94% |
| 2013-09-30 | AU$2.17 Million | -22.67% |
| 2012-09-30 | AU$2.81 Million | -27.06% |
| 2011-09-30 | AU$3.85 Million | +12.74% |
| 2010-09-30 | AU$3.42 Million | -- |
About Novo Resources Corp
Novo Resources Corp., together with its subsidiaries, engages in evaluating, acquiring, exploring, and developing natural resource properties in Australia. It primarily explores for gold and copper deposits. The company holds flagship Becher Project located in the Western Australia. The company was formerly known as Galliard Resources Corp. and changed its name to Novo Resources Corp. in June 201… Read more