QMINES LTD Total Assets
QMINES LTD total assets. Based on the latest financial reports, QMINES LTD (81V) holds total assets worth €21.50 Million EUR (≈ $25.14 Million USD) 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. Also see QMINES LTD (81V) market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of QMINES LTD (2022–2024)
Total assets of QMINES LTD from 2022 to 2024. This chart illustrates how QMINES LTD's total assets have evolved over time, based on quarterly financial data. See latest QMINES LTD stock price today for real-time trading data and today's change.
QMINES LTD - Asset Composition Analysis
QMINES LTD Total Assets Breakdown (June 2024)
QMINES LTD total assets breakdown as of June 2024. QMINES LTD's total assets of €21.50 Million consist of 3.7% current assets and 96.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 2.8% |
| Accounts Receivable | €0.00 | 0.0% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how QMINES 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. Explore 81V working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: QMINES LTD's current assets represent 3.7% of total assets in 2024, a decrease from 9.2% in 2022.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2024, down from 8.1% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
QMINES LTD Competitors by Total Assets
Key competitors of QMINES LTD based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$48.05 Billion |
|
Capstone Mining Corp
TO:CS
|
Canada | CA$6.96 Billion |
|
Sociedad Punta del Cobre S.A
SN:PUCOBRE
|
Chile | CL$1.26 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.66 Billion |
|
Kincora Copper Ltd
V:KCC
|
Canada | CA$21.23 Million |
|
Kincora Copper Ltd
AU:KCC
|
Australia | AU$21.23 Million |
|
Culpeo Minerals Ltd
AU:CPO
|
Australia | AU$9.19 Million |
|
Marimaca Copper Corp.
AU:MC2
|
Australia | AU$268.22 Million |
QMINES 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 | 0.24 | - | - |
| Quick Ratio | 0.24 | - | - |
| Cash Ratio | 0.00 | - | - |
| Working Capital | €-2.61 Million | - | - |
QMINES LTD - Advanced Valuation Insights
This section examines the relationship between QMINES 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 | 1.48 |
| Latest Market Cap to Assets Ratio | 1.43 |
| Asset Growth Rate (YoY) | 31.2% |
| Total Assets | €21.50 Million |
| Market Capitalization | $30.69 Million USD |
Valuation Analysis
Above Book Valuation: The market values QMINES LTD's assets above their book value (1.43x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: QMINES LTD's assets grew by 31.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for QMINES LTD (2022–2024)
The table below shows the annual total assets of QMINES LTD from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | €21.50 Million ≈ $25.14 Million |
+31.16% |
| 2023-06-30 | €16.39 Million ≈ $19.17 Million |
+28.22% |
| 2022-06-30 | €12.79 Million ≈ $14.95 Million |
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About QMINES LTD
QMines Limited explores and develops mineral properties in Australia. The company explores for gold, copper, zinc, and silver deposits. Its flagship project is the 100% owned Mount Chalmers project, which consists of five minerals exploration permits covering an area of 334 square kilometers located North-East of Rockhampton, Queensland. QMines Limited was incorporated in 2020 and is headquartere… Read more