NORTHERN SHIELD RES INC. Total Assets
NORTHERN SHIELD RES INC. total assets. Based on the latest financial reports, NORTHERN SHIELD RES INC. (N9SA) holds total assets worth €4.88 Million EUR (≈ $5.70 Million USD) as of June 2026. 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 how much is NORTHERN SHIELD RES INC. worth for the company's overall valuation and market capitalisation.
Total Assets of NORTHERN SHIELD RES INC. (2021–2025)
Total assets of NORTHERN SHIELD RES INC. from 2021 to 2025. This chart illustrates how NORTHERN SHIELD RES INC.'s total assets have evolved over time, based on quarterly financial data. See NORTHERN SHIELD RES INC. (N9SA) stock price for real-time trading data and today's change.
NORTHERN SHIELD RES INC. - Asset Composition Analysis
NORTHERN SHIELD RES INC. Total Assets Breakdown (December 2025)
NORTHERN SHIELD RES INC. total assets breakdown as of December 2025. NORTHERN SHIELD RES INC.'s total assets of €4.88 Million consist of 24.3% current assets and 75.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 18.7% |
| Accounts Receivable | €50.27K | 1.2% |
| 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 (2021–2025)
This chart illustrates how NORTHERN SHIELD RES 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. Explore N9SA current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NORTHERN SHIELD RES INC.'s current assets represent 24.3% of total assets in 2025, an increase from 9.3% in 2021.
- Cash Position: Cash and equivalents constituted 18.7% of total assets in 2025, up from 5.3% 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 accounts receivable at 1.2% of total assets.
NORTHERN SHIELD RES INC. Competitors by Total Assets
Key competitors of NORTHERN SHIELD RES INC. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Western Mining Co Ltd
SHG:601168
|
China | CN¥66.82 Billion |
|
JCHX Mining Management Co Ltd
SHG:603979
|
China | CN¥19.62 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$605.62 Million |
|
Altius Minerals Corporation
TO:ALS
|
Canada | CA$1.47 Billion |
|
Iluka Resources Ltd
AU:ILU
|
Australia | AU$4.23 Billion |
|
Deterra Royalties Ltd
AU:DRR
|
Australia | AU$375.00 Million |
|
Americas Silver Corp
TO:USA
|
Canada | CA$431.61 Million |
NORTHERN SHIELD RES 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 | 2.07 | 1.36 | 0.46 |
| Quick Ratio | 2.07 | 1.36 | 0.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €483.55K | €238.31K | €-237.21K |
NORTHERN SHIELD RES INC. - Advanced Valuation Insights
This section examines the relationship between NORTHERN SHIELD RES 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 | 1.09 |
| Latest Market Cap to Assets Ratio | 0.68 |
| Asset Growth Rate (YoY) | 41.3% |
| Total Assets | €4.20 Million |
| Market Capitalization | $2.87 Million USD |
Valuation Analysis
Below Book Valuation: The market values NORTHERN SHIELD RES INC.'s assets below their book value (0.68x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: NORTHERN SHIELD RES INC.'s assets grew by 41.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for NORTHERN SHIELD RES INC. (2021–2025)
The table below shows the annual total assets of NORTHERN SHIELD RES INC. from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €4.20 Million ≈ $4.92 Million |
+41.31% |
| 2024-12-31 | €2.98 Million ≈ $3.48 Million |
-50.56% |
| 2023-12-31 | €6.02 Million ≈ $7.04 Million |
+4.35% |
| 2022-12-31 | €5.77 Million ≈ $6.74 Million |
+1.01% |
| 2021-12-31 | €5.71 Million ≈ $6.68 Million |
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About NORTHERN SHIELD RES INC.
Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. The company explores for nickel, copper, gold, silver, and tellurium deposits, as well as platinum group metals. Its flagship property is the Root & Cellar Au-Ag-Te-(Cu) property that consists of 16 mineral licenses covering an area of approx… Read more