New World Resources Ltd
New World Resources Limited engages in the exploration and development of mineral properties in North America. The company explores for copper, zinc, silver, gold, and lead deposits. It holds 100% interest in the Antler copper project situated near the east of Yucca in northwestern Arizona; the Javelin VMS project covering approximately 4,000 acres located near Antler project in Arizona; and the … Read more
New World Resources Ltd (NWC) - Total Assets
Latest total assets as of December 2024: AU$78.59 Million AUD
Based on the latest financial reports, New World Resources Ltd (NWC) holds total assets worth AU$78.59 Million AUD as of December 2024.
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.
New World Resources Ltd - Total Assets Trend (2005–2024)
This chart illustrates how New World Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New World Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
New World Resources Ltd's total assets of AU$78.59 Million consist of 24.9% current assets and 75.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 23.1% |
| Accounts Receivable | AU$575.46K | 0.8% |
| Inventory | AU$230.84K | 0.3% |
| Property, Plant & Equipment | AU$56.46 Million | 75.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how New World Resources 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: New World Resources Ltd's current assets represent 24.9% of total assets in 2024, a decrease from 43.8% in 2005.
- Cash Position: Cash and equivalents constituted 23.1% of total assets in 2024, down from 43.8% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 75.0% of total assets.
New World Resources Ltd Competitors by Total Assets
Key competitors of New World Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
New World Resources 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 - New World Resources Ltd generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - New World Resources Ltd is currently not profitable relative to its asset base.
New World Resources 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 | 4.23 | 3.53 | 15.53 |
| Quick Ratio | 4.23 | 3.53 | 16.23 |
| Cash Ratio | 0.00 | 0.00 | 14.83 |
| Working Capital | AU$5.63 Million | AU$ 6.56 Million | AU$ 1.97 Million |
New World Resources Ltd - Advanced Valuation Insights
This section examines the relationship between New World Resources 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 | 3.17 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 41.3% |
| Total Assets | AU$75.32 Million |
| Market Capitalization | $1.07 Million USD |
Valuation Analysis
Below Book Valuation: The market values New World Resources Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: New World Resources Ltd's assets grew by 41.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for New World Resources Ltd (2005–2024)
The table below shows the annual total assets of New World Resources Ltd from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$75.32 Million | +41.29% |
| 2023-06-30 | AU$53.31 Million | +17.44% |
| 2022-06-30 | AU$45.39 Million | -8.95% |
| 2021-06-30 | AU$49.85 Million | +166.15% |
| 2020-06-30 | AU$18.73 Million | +13.63% |
| 2019-06-30 | AU$16.48 Million | -8.49% |
| 2018-06-30 | AU$18.02 Million | +70.42% |
| 2017-06-30 | AU$10.57 Million | +81.69% |
| 2016-06-30 | AU$5.82 Million | -13.29% |
| 2015-06-30 | AU$6.71 Million | +25.30% |
| 2014-06-30 | AU$5.35 Million | -2.51% |
| 2013-06-30 | AU$5.49 Million | -67.80% |
| 2012-06-30 | AU$17.06 Million | +3.04% |
| 2011-06-30 | AU$16.55 Million | +1629.30% |
| 2010-06-30 | AU$957.26K | +28.34% |
| 2009-06-30 | AU$745.88K | -96.04% |
| 2008-06-30 | AU$18.83 Million | +41.61% |
| 2007-06-30 | AU$13.30 Million | +118.63% |
| 2006-06-30 | AU$6.08 Million | +2.32% |
| 2005-06-30 | AU$5.95 Million | -- |