SUREFIRE RES
Surefire Resources NL, together with its subsidiaries, explores for and reviews mineral tenement holdings in Western Australia. The company explores for critical mineral, gold, titanium, aluminium, copper, lead, silver, vanadium, iron ore, nickel, and platinum group element deposits. Its flagship project is the Victory Bore vanadium-titanium-iron project, which consists of the Victory Bore and Un… Read more
SUREFIRE RES (GBL) - Total Assets
Latest total assets as of June 2024: €14.54 Million EUR
Based on the latest financial reports, SUREFIRE RES (GBL) holds total assets worth €14.54 Million EUR 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.
SUREFIRE RES - Total Assets Trend (2020–2024)
This chart illustrates how SUREFIRE RES’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SUREFIRE RES - Asset Composition Analysis
Current Asset Composition (June 2024)
SUREFIRE RES's total assets of €14.54 Million consist of 11.7% current assets and 88.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 10.2% |
| 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 (2020–2024)
This chart illustrates how SUREFIRE RES'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: SUREFIRE RES's current assets represent 11.7% of total assets in 2024, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 10.2% of total assets in 2024, down from 71.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
SUREFIRE RES Competitors by Total Assets
Key competitors of SUREFIRE RES based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
SUREFIRE RES - 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 - SUREFIRE RES 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 - SUREFIRE RES is currently not profitable relative to its asset base.
SUREFIRE RES - 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 | 0.14 | 0.40 | - |
| Quick Ratio | 0.14 | 0.40 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | €-10.58 Million | € -2.33 Million | - |
SUREFIRE RES - Advanced Valuation Insights
This section examines the relationship between SUREFIRE RES'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 | 1.12 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 162.5% |
| Total Assets | €14.54 Million |
| Market Capitalization | $1.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values SUREFIRE RES's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: SUREFIRE RES's assets grew by 162.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SUREFIRE RES (2020–2024)
The table below shows the annual total assets of SUREFIRE RES from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | €14.54 Million | +162.54% |
| 2023-06-30 | €5.54 Million | +5.22% |
| 2022-06-30 | €5.26 Million | +50.46% |
| 2021-06-30 | €3.50 Million | +1194.87% |
| 2020-06-30 | €270.16K | -- |