Trinex Minerals Ltd (TX3) - Total Assets
Based on the latest financial reports, Trinex Minerals Ltd (TX3) holds total assets worth AU$9.71 Million AUD (≈ $6.87 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. See Trinex Minerals Ltd net assets for net asset value and shareholders' equity analysis.
Trinex Minerals Ltd - Total Assets Trend (2021–2024)
This chart illustrates how Trinex Minerals Ltd's total assets have evolved over time, based on quarterly financial data.
Trinex Minerals Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Trinex Minerals Ltd's total assets of AU$9.71 Million consist of 19.7% current assets and 80.3% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 16.7% |
| Accounts Receivable | AU$0.00 | 0.0% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$13.38 Million | 79.7% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Trinex 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. For live market cap, price, and company overview, see Trinex Minerals Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Trinex Minerals Ltd's current assets represent 19.7% of total assets in 2024, a decrease from 53.8% in 2021.
- Cash Position: Cash and equivalents constituted 16.7% of total assets in 2024, down from 49.4% 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 79.7% of total assets.
Trinex Minerals Ltd Competitors by Total Assets
Key competitors of Trinex Minerals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$44.55 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥25.91 Billion |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.56 Billion |
|
Evolution Metals & Technologies Corp. Common Stock
NASDAQ:EMAT
|
USA | $6.57 Million |
|
Tibet Summit Resources Co Ltd
SHG:600338
|
China | CN¥6.67 Billion |
Trinex 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 | 2.05 | 6.60 | 6.60 |
| Quick Ratio | 2.05 | 6.60 | 6.60 |
| Cash Ratio | 1.30 | 5.88 | 5.88 |
| Working Capital | AU$629.58K | AU$3.15 Million | AU$3.15 Million |
Trinex Minerals Ltd - Advanced Valuation Insights
This section examines the relationship between Trinex 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 | 1.02 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | 80.0% |
| Total Assets | AU$16.79 Million |
| Market Capitalization | $5.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Trinex Minerals Ltd's assets below their book value (0.35x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Trinex Minerals Ltd's assets grew by 80.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Trinex Minerals Ltd (2021–2024)
The table below shows the annual total assets of Trinex Minerals Ltd from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$16.79 Million ≈ $11.88 Million |
+79.95% |
| 2023-06-30 | AU$9.33 Million ≈ $6.60 Million |
-15.11% |
| 2022-06-30 | AU$10.99 Million ≈ $7.78 Million |
-18.40% |
| 2021-06-30 | AU$13.47 Million ≈ $9.53 Million |
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About Trinex Minerals Ltd
Trinex Minerals Limited engages in exploration and evaluation of mineral resources in Australia and Canada. The company explores for gold, uranium, lithium, copper, zinc, lead, nickel, base, and precious metals deposits. It holds interest in the Halo-Yuri lithium project comprising of 37 contiguous claims and covers an area of 450 square kilometers located near northeast of Yellowknife; the Ross … Read more