TG Metals Ltd (TG6) - Total Assets
Based on the latest financial reports, TG Metals Ltd (TG6) holds total assets worth AU$13.80 Million AUD (≈ $9.76 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 TG6 equity financing ratio to measure how much of total assets are equity-financed.
TG Metals Ltd - Total Assets Trend (2020–2024)
This chart illustrates how TG Metals Ltd's total assets have evolved over time, based on quarterly financial data. Check tangible equity quality of TG Metals Ltd to evaluate the tangible quality of the company's equity base.
TG Metals Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
TG Metals Ltd's total assets of AU$13.80 Million consist of 12.8% current assets and 87.2% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 5.3% |
| Accounts Receivable | AU$0.00 | 0.0% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$12.03 Million | 87.2% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how TG Metals 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 TG6 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TG Metals Ltd's current assets represent 12.8% of total assets in 2024, a decrease from 40.7% in 2020.
- Cash Position: Cash and equivalents constituted 5.3% of total assets in 2024, down from 40.5% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is property, plant & equipment at 87.2% of total assets.
TG Metals Ltd Competitors by Total Assets
Key competitors of TG Metals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hecla Mining Company
NYSE:HL
|
USA | $3.38 Billion |
|
Triple Flag Precious Metals Corp
TO:TFPM
|
Canada | CA$2.11 Billion |
|
Sibanye Stillwater Limited
F:47VS
|
Germany | €149.74 Billion |
|
Minerals 260 Ltd
AU:MI6
|
Australia | AU$238.76 Million |
|
Santana Minerals Ltd
AU:SMI
|
Australia | AU$163.27 Million |
|
PPX Mining Corp
V:PPX
|
Canada | CA$62.04 Million |
|
Bougainville Copper Ltd
AU:BOC
|
Australia | AU$90.94 Million |
|
Many Peaks Minerals Ltd
AU:MPK
|
Australia | AU$31.36 Million |
TG Metals 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 | 1.66 | 8.55 | 0.33 |
| Quick Ratio | 1.66 | 8.90 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$703.99K | AU$7.41 Million | AU$-377.68K |
TG Metals Ltd - Advanced Valuation Insights
This section examines the relationship between TG Metals 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 | 1.41 |
| Latest Market Cap to Assets Ratio | 1.17 |
| Asset Growth Rate (YoY) | -1.5% |
| Total Assets | AU$13.80 Million |
| Market Capitalization | $16.20 Million USD |
Valuation Analysis
Above Book Valuation: The market values TG Metals Ltd's assets above their book value (1.17x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: TG Metals Ltd's assets decreased by 1.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for TG Metals Ltd (2020–2024)
The table below shows the annual total assets of TG Metals Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$13.80 Million ≈ $9.76 Million |
-1.51% |
| 2023-12-31 | AU$14.01 Million ≈ $9.91 Million |
+165.51% |
| 2022-12-31 | AU$5.28 Million ≈ $3.73 Million |
-14.96% |
| 2021-12-31 | AU$6.20 Million ≈ $4.39 Million |
+1259.57% |
| 2020-12-31 | AU$456.33K ≈ $322.89K |
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About TG Metals Ltd
TG Metals Limited engages in the discovery, exploration, and development of mineral deposits in Western Australia. The company explores for lithium and gold deposits. Its flagship project comprises the Lake Johnston project that includes a tenement area of approximately 414 square kilometers located in the Goldfields-Esperance region of Western Australia. TG Metals Limited was incorporated in 202… Read more