Tolu Minerals Ltd
Tolu Minerals Limited engages in the exploration and development of mineral properties in Papua New Guinea. The company primarily explores for gold, silver, and copper deposits. It holds interests in the Tolukuma Gold Mine project that covers an area of approximately 1,800 square kilometers located in the Goilala District of Central Province of Papua New Guinea; and the Mt. Penck exploration proj… Read more
Tolu Minerals Ltd (TOK) - Total Assets
Latest total assets as of June 2025: AU$74.92 Million AUD
Based on the latest financial reports, Tolu Minerals Ltd (TOK) holds total assets worth AU$74.92 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.
Tolu Minerals Ltd - Total Assets Trend (2021–2024)
This chart illustrates how Tolu Minerals Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tolu Minerals Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tolu Minerals Ltd's total assets of AU$74.92 Million consist of 35.7% current assets and 64.3% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 30.7% |
| Accounts Receivable | AU$2.22 Million | 4.1% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$34.99 Million | 64.2% |
| Intangible Assets | AU$17.93K | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Tolu Minerals 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: Tolu Minerals Ltd's current assets represent 35.7% of total assets in 2024, a decrease from 85.5% in 2021.
- Cash Position: Cash and equivalents constituted 30.7% of total assets in 2024, down from 82.8% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is property, plant & equipment at 64.2% of total assets.
Tolu Minerals Ltd Competitors by Total Assets
Key competitors of Tolu Minerals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
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 |
Tolu Minerals 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 - Tolu Minerals Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tolu Minerals Ltd is currently not profitable relative to its asset base.
Tolu Minerals 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 | 4.73 | 4.08 | 0.30 |
| Quick Ratio | 4.73 | 4.08 | 0.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$19.46 Million | AU$ 9.42 Million | AU$ -717.95K |
Tolu Minerals Ltd - Advanced Valuation Insights
This section examines the relationship between Tolu Minerals 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 | 5.24 |
| Latest Market Cap to Assets Ratio | 1.88 |
| Asset Growth Rate (YoY) | 129.5% |
| Total Assets | AU$54.53 Million |
| Market Capitalization | $102.35 Million USD |
Valuation Analysis
Above Book Valuation: The market values Tolu Minerals Ltd's assets above their book value (1.88 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Tolu Minerals Ltd's assets grew by 129.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tolu Minerals Ltd (2021–2024)
The table below shows the annual total assets of Tolu Minerals Ltd from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$54.53 Million | +129.55% |
| 2023-12-31 | AU$23.76 Million | -24.27% |
| 2022-12-31 | AU$31.37 Million | +2082.82% |
| 2021-12-31 | AU$1.44 Million | -- |