Equatorial Resources Limited
Equatorial Resources Limited engages in mineral exploration activities in the Republic of Congo and the Republic of Guinea. Its flagship is the Nimba Alliance iron ore project covering an area of approximately 198 square kilometers for the Nimba West permit and approximately 107 square kilometers for the Nimba North permit located in Guinea, West Africa. Equatorial Resources Limited was incorpora… Read more
Equatorial Resources Limited (PBU) - Total Assets
Latest total assets as of June 2024: €15.90 Million EUR
Based on the latest financial reports, Equatorial Resources Limited (PBU) holds total assets worth €15.90 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.
Equatorial Resources Limited - Total Assets Trend (2017–2024)
This chart illustrates how Equatorial Resources Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Equatorial Resources Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Equatorial Resources Limited's total assets of €15.90 Million consist of 87.5% current assets and 12.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 86.9% |
| 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 (2017–2024)
This chart illustrates how Equatorial Resources 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Equatorial Resources Limited's current assets represent 87.5% of total assets in 2024, a decrease from 94.9% in 2017.
- Cash Position: Cash and equivalents constituted 86.9% of total assets in 2024, down from 94.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Equatorial Resources Limited Competitors by Total Assets
Key competitors of Equatorial Resources Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Equatorial Resources Limited - 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 - Equatorial Resources Limited 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 - Equatorial Resources Limited is currently not profitable relative to its asset base.
Equatorial Resources 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 | 7.53 | 6.71 | 337.23 |
| Quick Ratio | 7.53 | 6.71 | 337.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €12.06 Million | € 14.21 Million | € 40.42 Million |
Equatorial Resources Limited - Advanced Valuation Insights
This section examines the relationship between Equatorial Resources 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 | 2.39 |
| Latest Market Cap to Assets Ratio | 0.59 |
| Asset Growth Rate (YoY) | -4.8% |
| Total Assets | €15.90 Million |
| Market Capitalization | $9.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Equatorial Resources Limited's assets below their book value (0.59 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Equatorial Resources Limited's assets decreased by 4.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Equatorial Resources Limited (2017–2024)
The table below shows the annual total assets of Equatorial Resources Limited from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | €15.90 Million | -4.79% |
| 2023-06-30 | €16.69 Million | -9.75% |
| 2022-06-30 | €18.50 Million | -47.53% |
| 2021-06-30 | €35.25 Million | -17.11% |
| 2020-06-30 | €42.53 Million | -0.26% |
| 2019-06-30 | €42.64 Million | +0.73% |
| 2018-06-30 | €42.33 Million | -0.29% |
| 2017-06-30 | €42.46 Million | -- |