Metro Mining Limited (6ME) - Total Assets
Based on the latest financial reports, Metro Mining Limited (6ME) holds total assets worth €243.21 Million EUR (≈ $284.33 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 net assets of Metro Mining Limited for net asset value and shareholders' equity analysis.
Metro Mining Limited - Total Assets Trend (2013–2024)
This chart illustrates how Metro Mining Limited's total assets have evolved over time, based on quarterly financial data.
Metro Mining Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Metro Mining Limited's total assets of €243.21 Million consist of 23.2% current assets and 76.8% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 12.8% |
| Accounts Receivable | €5.22 Million | 2.2% |
| Inventory | €5.05 Million | 2.1% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Metro Mining Limited'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 Metro Mining Limited market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Metro Mining Limited's current assets represent 23.2% of total assets in 2024, a decrease from 43.2% in 2013.
- Cash Position: Cash and equivalents constituted 12.8% of total assets in 2024, down from 42.7% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 2.2% of total assets.
Metro Mining Limited Competitors by Total Assets
Key competitors of Metro Mining Limited 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 |
Metro Mining Limited - 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 | 0.56 | 0.41 | 1.95 |
| Quick Ratio | 0.51 | 0.37 | 1.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-44.76 Million | €-52.87 Million | €26.65 Million |
Metro Mining Limited - Advanced Valuation Insights
This section examines the relationship between Metro Mining Limited'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 | 2.21 |
| Latest Market Cap to Assets Ratio | 1.01 |
| Asset Growth Rate (YoY) | 43.9% |
| Total Assets | €243.21 Million |
| Market Capitalization | $246.37 Million USD |
Valuation Analysis
Above Book Valuation: The market values Metro Mining Limited's assets above their book value (1.01x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Metro Mining Limited's assets grew by 43.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Metro Mining Limited (2013–2024)
The table below shows the annual total assets of Metro Mining Limited from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €243.21 Million ≈ $284.33 Million |
+43.91% |
| 2023-12-31 | €169.00 Million ≈ $197.58 Million |
+30.47% |
| 2022-12-31 | €129.53 Million ≈ $151.43 Million |
-14.93% |
| 2021-12-31 | €152.27 Million ≈ $178.01 Million |
-24.62% |
| 2020-12-31 | €202.01 Million ≈ $236.17 Million |
-7.21% |
| 2019-12-31 | €217.70 Million ≈ $254.51 Million |
+8.38% |
| 2018-12-31 | €200.87 Million ≈ $234.83 Million |
+9.27% |
| 2017-12-31 | €183.83 Million ≈ $214.92 Million |
+79.75% |
| 2016-12-31 | €102.27 Million ≈ $119.57 Million |
+480.03% |
| 2015-12-31 | €17.63 Million ≈ $20.61 Million |
+14.82% |
| 2014-12-31 | €15.36 Million ≈ $17.95 Million |
-12.85% |
| 2013-12-31 | €17.62 Million ≈ $20.60 Million |
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About Metro Mining Limited
Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company. The company explores for bauxite. Its flagship project is the Bauxite Hills Mine property that covers an area of approximately 1,900 square kilometers located on Western Cape York. The company sells bauxite to its customers in China and United Arab Emirates. The company was formerly known as Metro… Read more