True North Copper Ltd
True North Copper Limited engages in mineral exploration and development activities in Australia. The company primarily explores for copper, cobalt, gold, and silver deposits. It holds 100% interests in the Cloncurry project located near Cloncurry, Northwest Queensland; and Mount Oxide project located in North-West Queensland, as well as the Bundarra project located in Central Queensland. The com… Read more
True North Copper Ltd (TNC) - Total Assets
Latest total assets as of June 2025: AU$98.69 Million AUD
Based on the latest financial reports, True North Copper Ltd (TNC) holds total assets worth AU$98.69 Million AUD 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.
True North Copper Ltd - Total Assets Trend (2019–2025)
This chart illustrates how True North Copper Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
True North Copper Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
True North Copper Ltd's total assets of AU$98.69 Million consist of 15.7% current assets and 84.3% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 13.0% |
| Accounts Receivable | AU$440.00K | 0.5% |
| Inventory | AU$221.00K | 0.2% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how True North Copper 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: True North Copper Ltd's current assets represent 15.7% of total assets in 2025, a decrease from 63.6% in 2019.
- Cash Position: Cash and equivalents constituted 13.0% of total assets in 2025, down from 61.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 34.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
True North Copper Ltd Competitors by Total Assets
Key competitors of True North Copper Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
|
China | CN¥91.90 Billion |
|
North Copper Shanxi Co Ltd
SHE:000737
|
China | CN¥19.47 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
China | CN¥54.36 Billion |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
China | CN¥47.86 Billion |
|
Poongsan Holdi
KO:005810
|
Korea | ₩1.35 Trillion |
|
First Copper Technology Co Ltd
TW:2009
|
Taiwan | NT$10.15 Billion |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
|
China | CN¥9.38 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.21 Billion |
True North Copper 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 - True North Copper 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 - True North Copper Ltd is currently not profitable relative to its asset base.
True North Copper 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 | 8.76 | 0.65 | 17.58 |
| Quick Ratio | 8.64 | 0.63 | 17.58 |
| Cash Ratio | 7.26 | 0.58 | 0.00 |
| Working Capital | AU$13.71 Million | AU$ -9.41 Million | AU$ 7.12 Million |
True North Copper Ltd - Advanced Valuation Insights
This section examines the relationship between True North Copper 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 | 0.96 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -11.6% |
| Total Assets | AU$98.69 Million |
| Market Capitalization | $14.69 Million USD |
Valuation Analysis
Below Book Valuation: The market values True North Copper Ltd's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: True North Copper Ltd's assets decreased by 11.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for True North Copper Ltd (2019–2025)
The table below shows the annual total assets of True North Copper Ltd from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$98.69 Million | -11.64% |
| 2024-06-30 | AU$111.69 Million | +48.33% |
| 2023-06-30 | AU$75.30 Million | +299.48% |
| 2022-06-30 | AU$18.85 Million | +11.27% |
| 2021-06-30 | AU$16.94 Million | +69.39% |
| 2020-06-30 | AU$10.00 Million | +779.19% |
| 2019-06-30 | AU$1.14 Million | -- |