Platinex Inc
PTX Metals Inc., together with its subsidiaries, explores for and evaluates mineral properties in Canada. It explores for gold, chromite, copper, nickel, and platinum group element deposits, as well as base metals deposits. The company was formerly known as Platinex Inc. and changed its name to PTX Metals Inc. in February 2024. PTX Metals Inc. was incorporated in 1998 and is based in Toronto, Can… Read more
Platinex Inc (9PX) - Total Assets
Latest total assets as of September 2025: €14.20 Million EUR
Based on the latest financial reports, Platinex Inc (9PX) holds total assets worth €14.20 Million EUR as of September 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.
Platinex Inc - Total Assets Trend (2013–2024)
This chart illustrates how Platinex Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Platinex Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Platinex Inc's total assets of €14.20 Million consist of 29.9% current assets and 70.1% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 23.6% |
| Accounts Receivable | €267.64K | 2.3% |
| 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 (2013–2024)
This chart illustrates how Platinex Inc'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: Platinex Inc's current assets represent 29.9% of total assets in 2024, an increase from 0.6% in 2013.
- Cash Position: Cash and equivalents constituted 23.6% of total assets in 2024, up from 0.6% 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 2.3% of total assets.
Platinex Inc Competitors by Total Assets
Key competitors of Platinex Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Platinex Inc - 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 - Platinex Inc 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 - Platinex Inc is currently not profitable relative to its asset base.
Platinex Inc - 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 | 2.51 | 0.71 | 6.09 |
| Quick Ratio | 2.51 | 0.71 | 6.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €2.88 Million | € -274.05K | € 1.26 Million |
Platinex Inc - Advanced Valuation Insights
This section examines the relationship between Platinex Inc'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 | 1.98 |
| Latest Market Cap to Assets Ratio | 0.96 |
| Asset Growth Rate (YoY) | 32.8% |
| Total Assets | €11.63 Million |
| Market Capitalization | $11.16 Million USD |
Valuation Analysis
Near Book Valuation: The market values Platinex Inc's assets close to their book value ( 0.96x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Platinex Inc's assets grew by 32.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Platinex Inc (2013–2024)
The table below shows the annual total assets of Platinex Inc from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €11.63 Million | +32.82% |
| 2023-12-31 | €8.75 Million | +151.02% |
| 2022-12-31 | €3.49 Million | +45.76% |
| 2021-12-31 | €2.39 Million | -10.84% |
| 2020-12-31 | €2.68 Million | +3981.52% |
| 2019-12-31 | €65.74K | -38.11% |
| 2018-12-31 | €106.22K | -96.10% |
| 2017-12-31 | €2.72 Million | +21.53% |
| 2016-12-31 | €2.24 Million | +29.29% |
| 2015-12-31 | €1.73 Million | -1.19% |
| 2014-12-31 | €1.75 Million | +0.95% |
| 2013-12-31 | €1.74 Million | -- |