Polarx Ltd (PXX) - Total Assets
Based on the latest financial reports, Polarx Ltd (PXX) holds total assets worth AU$40.12 Million AUD (≈ $28.39 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 asset quality index of Polarx Ltd to measure how much of total assets are equity-financed.
Polarx Ltd - Total Assets Trend (2013–2025)
This chart illustrates how Polarx Ltd's total assets have evolved over time, based on quarterly financial data. Check PXX cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Polarx Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Polarx Ltd's total assets of AU$40.12 Million consist of 8.3% current assets and 91.7% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$2.86 Million | 7.1% |
| Accounts Receivable | AU$38.14K | 0.1% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$36.79 Million | 91.7% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how Polarx 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 market value of Polarx Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Polarx Ltd's current assets represent 8.3% of total assets in 2025, a decrease from 8.9% in 2013.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2025, down from 8.7% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is property, plant & equipment at 91.7% of total assets.
Polarx Ltd Competitors by Total Assets
Key competitors of Polarx Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥174.67 Billion |
|
Lynas Rare EARTHS Ltd
AU:LYC
|
Australia | AU$2.94 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥19.69 Billion |
|
Cufe Ltd
AU:CUF
|
Australia | AU$19.23 Million |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.86 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
Polarx 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 | 1.04 | 1.86 | 8.36 |
| Quick Ratio | 1.04 | 1.37 | 8.36 |
| Cash Ratio | 0.89 | 1.30 | 0.00 |
| Working Capital | AU$131.85K | AU$1.03 Million | AU$706.74K |
Polarx Ltd - Advanced Valuation Insights
This section examines the relationship between Polarx 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 | 1.48 |
| Latest Market Cap to Assets Ratio | 0.72 |
| Asset Growth Rate (YoY) | 10.4% |
| Total Assets | AU$40.12 Million |
| Market Capitalization | $28.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Polarx Ltd's assets below their book value (0.72x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Polarx Ltd's assets grew by 10.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Polarx Ltd (2013–2025)
The table below shows the annual total assets of Polarx Ltd from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$40.12 Million ≈ $28.39 Million |
+10.43% |
| 2024-06-30 | AU$36.33 Million ≈ $25.71 Million |
-10.14% |
| 2023-06-30 | AU$40.43 Million ≈ $28.61 Million |
+7.42% |
| 2022-06-30 | AU$37.64 Million ≈ $26.63 Million |
+17.96% |
| 2021-06-30 | AU$31.91 Million ≈ $22.58 Million |
+10.38% |
| 2020-06-30 | AU$28.91 Million ≈ $20.45 Million |
-4.83% |
| 2019-06-30 | AU$30.38 Million ≈ $21.49 Million |
+38.43% |
| 2018-06-30 | AU$21.94 Million ≈ $15.53 Million |
+257.72% |
| 2017-06-30 | AU$6.13 Million ≈ $4.34 Million |
-1.27% |
| 2016-06-30 | AU$6.21 Million ≈ $4.40 Million |
+166.75% |
| 2015-06-30 | AU$2.33 Million ≈ $1.65 Million |
+181.63% |
| 2014-06-30 | AU$827.00K ≈ $585.15K |
-97.56% |
| 2013-06-30 | AU$33.87 Million ≈ $23.97 Million |
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About Polarx Ltd
PolarX Limited engages in the exploration and development of mineral properties in the United States. The company primarily explores for copper, gold, and silver deposits. Its flagship property is the Alaska Range project comprising the Stellar Gold Copper property with 231 contiguous state mining claims; Caribou Dome Copper property with 216 contiguous state mining claims; and the Senator Copper… Read more