Thunderbird Resources Ltd
Thunderbird Resources Limited, together with its subsidiaries, engages in the acquisition and exploration of mineral resource properties in Peru and Canada. The company explores for uranium, lithium, copper, silver, and rare earth element deposits. The company was formerly known as Valor Resources Limited and changed its name to Thunderbird Resources Limited in April 2024. Thunderbird Resources L… Read more
Thunderbird Resources Ltd (THB) - Total Assets
Latest total assets as of June 2024: AU$17.23 Million AUD
Based on the latest financial reports, Thunderbird Resources Ltd (THB) holds total assets worth AU$17.23 Million AUD as of June 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.
Thunderbird Resources Ltd - Total Assets Trend (1997–2024)
This chart illustrates how Thunderbird Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thunderbird Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Thunderbird Resources Ltd's total assets of AU$17.23 Million consist of 8.7% current assets and 91.3% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 4.2% |
| Accounts Receivable | AU$0.00 | 0.0% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (1997–2024)
This chart illustrates how Thunderbird 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: Thunderbird Resources Ltd's current assets represent 8.7% of total assets in 2024, an increase from 4.7% in 1997.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2024, up from 3.7% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1997.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Thunderbird Resources Ltd Competitors by Total Assets
Key competitors of Thunderbird Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
5YY0
F:5YY0
|
Germany | €11.52 Million |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
|
China Silver Group Limited
F:2CS
|
Germany | €2.12 Billion |
Thunderbird 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 - Thunderbird Resources Ltd generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Thunderbird Resources Ltd is currently not profitable relative to its asset base.
Thunderbird 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 | 1.49 | 4.03 | 0.48 |
| Quick Ratio | 1.49 | 4.03 | 0.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$496.51K | AU$ 2.65 Million | AU$ -1.32 Million |
Thunderbird Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Thunderbird 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 | 2.01 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 14.3% |
| Total Assets | AU$17.23 Million |
| Market Capitalization | $4.88 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thunderbird Resources Ltd's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Thunderbird Resources Ltd's assets grew by 14.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Thunderbird Resources Ltd (1997–2024)
The table below shows the annual total assets of Thunderbird Resources Ltd from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$17.23 Million | +14.27% |
| 2023-06-30 | AU$15.07 Million | -4.32% |
| 2022-06-30 | AU$15.76 Million | +123.38% |
| 2021-06-30 | AU$7.05 Million | -55.79% |
| 2020-06-30 | AU$15.95 Million | -11.77% |
| 2019-06-30 | AU$18.08 Million | +9.43% |
| 2018-06-30 | AU$16.52 Million | +8.73% |
| 2017-06-30 | AU$15.20 Million | +11092.80% |
| 2016-06-30 | AU$135.76K | -87.48% |
| 2015-06-30 | AU$1.08 Million | -71.83% |
| 2014-06-30 | AU$3.85 Million | -89.13% |
| 2013-06-30 | AU$35.39 Million | +21.52% |
| 2012-06-30 | AU$29.12 Million | +77.70% |
| 2011-06-30 | AU$16.39 Million | +350.25% |
| 2010-06-30 | AU$3.64 Million | +2501.93% |
| 2009-06-30 | AU$139.90K | +3491.66% |
| 2008-06-30 | AU$3.90K | -100.00% |
| 2007-06-30 | AU$123.79 Million | +17.54% |
| 2006-06-30 | AU$105.32 Million | +27.97% |
| 2005-06-30 | AU$82.29 Million | +150.44% |
| 2004-06-30 | AU$32.86 Million | +61.41% |
| 2003-06-30 | AU$20.36 Million | +28.81% |
| 2002-06-30 | AU$15.81 Million | +6.88% |
| 2001-06-30 | AU$14.79 Million | +20.10% |
| 2000-06-30 | AU$12.31 Million | +49.37% |
| 1999-06-30 | AU$8.24 Million | -0.35% |
| 1998-06-30 | AU$8.27 Million | +80.71% |
| 1997-06-30 | AU$4.58 Million | -- |