Sipa Resources Ltd (SRI) - Total Assets
Based on the latest financial reports, Sipa Resources Ltd (SRI) holds total assets worth AU$1.87 Million AUD (≈ $1.32 Million USD) 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.
Sipa Resources Ltd - Total Assets Trend (1989–2024)
This chart illustrates how Sipa Resources Ltd's total assets have evolved over time, based on quarterly financial data. Also see SRI stock market capitalisation for the company's overall valuation and market capitalisation.
Sipa Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Sipa Resources Ltd's total assets of AU$1.87 Million consist of 97.4% current assets and 2.6% non-current assets. Review SRI total debt and obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$1.87 Million | 75.6% |
| Accounts Receivable | AU$87.27K | 3.5% |
| Inventory | AU$-35.81K | -1.5% |
| Property, Plant & Equipment | AU$64.02K | 2.6% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (1989–2024)
This chart illustrates how Sipa 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. See SRI stock price and chart for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sipa Resources Ltd's current assets represent 97.4% of total assets in 2024, an increase from 23.9% in 1989.
- Cash Position: Cash and equivalents constituted 75.6% of total assets in 2024, up from 23.8% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
- Asset Diversification: The largest asset category is cash and equivalents at 75.6% of total assets.
Sipa Resources Ltd Competitors by Total Assets
Key competitors of Sipa Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Asante Gold Corporation
F:1A9
|
Germany | €913.08 Million |
|
Newmont Goldcorp Corp
NYSE:NEM
|
USA | $57.64 Billion |
|
Agnico Eagle Mines Limited
TO:AEM
|
Canada | CA$37.73 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥24.68 Billion |
|
Evolution Mining Ltd
AU:EVN
|
Australia | AU$10.02 Billion |
|
Dpm Metals Inc.
AU:DPM
|
Australia | AU$3.08 Billion |
|
Montage Gold Corp.
TO:MAU
|
Canada | CA$1.30 Billion |
|
Centerra Gold Inc
TO:CG
|
Canada | CA$3.08 Billion |
Sipa 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 | 3.29 | 5.80 | 3.86 |
| Quick Ratio | 3.29 | 6.11 | 3.86 |
| Cash Ratio | 2.98 | 4.29 | 3.60 |
| Working Capital | AU$1.24 Million | AU$2.80 Million | AU$1.58 Million |
Sipa Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Sipa 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 | 7.41 |
| Latest Market Cap to Assets Ratio | 2.75 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | AU$2.47 Million |
| Market Capitalization | $6.81 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Sipa Resources Ltd's assets at a significant premium (2.75x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: Sipa Resources Ltd's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Sipa Resources Ltd (1989–2024)
The table below shows the annual total assets of Sipa Resources Ltd from 1989 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$2.47 Million ≈ $1.75 Million |
-0.01% |
| 2023-06-30 | AU$2.47 Million ≈ $1.75 Million |
-44.59% |
| 2022-06-30 | AU$4.46 Million ≈ $3.16 Million |
-9.62% |
| 2021-06-30 | AU$4.94 Million ≈ $3.49 Million |
+8.66% |
| 2020-06-30 | AU$4.55 Million ≈ $3.22 Million |
-4.98% |
| 2019-06-30 | AU$4.78 Million ≈ $3.38 Million |
+53.61% |
| 2018-06-30 | AU$3.11 Million ≈ $2.20 Million |
-6.11% |
| 2017-06-30 | AU$3.32 Million ≈ $2.35 Million |
+33.99% |
| 2016-06-30 | AU$2.48 Million ≈ $1.75 Million |
-65.48% |
| 2015-06-30 | AU$7.17 Million ≈ $5.07 Million |
+50.90% |
| 2014-06-30 | AU$4.75 Million ≈ $3.36 Million |
-2.01% |
| 2013-06-30 | AU$4.85 Million ≈ $3.43 Million |
-45.62% |
| 2012-06-30 | AU$8.92 Million ≈ $6.31 Million |
+103.45% |
| 2011-06-30 | AU$4.38 Million ≈ $3.10 Million |
-55.65% |
| 2010-06-30 | AU$9.88 Million ≈ $6.99 Million |
+67.54% |
| 2009-06-30 | AU$5.90 Million ≈ $4.17 Million |
-24.33% |
| 2008-06-30 | AU$7.79 Million ≈ $5.52 Million |
-21.77% |
| 2007-06-30 | AU$9.96 Million ≈ $7.05 Million |
+75.28% |
| 2006-06-30 | AU$5.68 Million ≈ $4.02 Million |
-22.54% |
| 2005-06-30 | AU$7.34 Million ≈ $5.19 Million |
-1.02% |
| 2004-06-30 | AU$7.41 Million ≈ $5.25 Million |
-67.44% |
| 2003-06-30 | AU$22.77 Million ≈ $16.11 Million |
-3.77% |
| 2002-06-30 | AU$23.66 Million ≈ $16.74 Million |
+54.42% |
| 2001-06-30 | AU$15.32 Million ≈ $10.84 Million |
+30.67% |
| 2000-06-30 | AU$11.73 Million ≈ $8.30 Million |
-30.00% |
| 1999-06-30 | AU$16.75 Million ≈ $11.85 Million |
-8.77% |
| 1998-06-30 | AU$18.36 Million ≈ $12.99 Million |
-25.46% |
| 1997-06-30 | AU$24.63 Million ≈ $17.43 Million |
+173.89% |
| 1996-06-30 | AU$8.99 Million ≈ $6.36 Million |
+18.04% |
| 1995-06-30 | AU$7.62 Million ≈ $5.39 Million |
-15.81% |
| 1994-06-30 | AU$9.05 Million ≈ $6.40 Million |
+39.57% |
| 1993-06-30 | AU$6.48 Million ≈ $4.59 Million |
+66.09% |
| 1992-06-30 | AU$3.90 Million ≈ $2.76 Million |
+99.39% |
| 1991-06-30 | AU$1.96 Million ≈ $1.39 Million |
-37.08% |
| 1990-06-30 | AU$3.11 Million ≈ $2.20 Million |
-45.08% |
| 1989-06-30 | AU$5.67 Million ≈ $4.01 Million |
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About Sipa Resources Ltd
Auravelle Metals Limited operates as a mineral exploration company in Australia. The company primarily explores for nickel, copper, gold, silver, zinc, lead, and other mineral deposits. The company was formerly known as Sipa Resources Limited and changed its name to Auravelle Metals Limited in September 2025. Auravelle Metals Limited was incorporated in 1990 and is based in Subiaco, Australia.