Largo Resources Ltd
Largo Inc. engages in the development and sale of vanadium-based energy storage systems in Canada. The company operates through six segments: Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Clean Energy and Largo Physical Vanadium. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE … Read more
Largo Resources Ltd (LGO) - Total Assets
Latest total assets as of September 2025: $321.99 Million USD
Based on the latest financial reports, Largo Resources Ltd (LGO) holds total assets worth $321.99 Million USD 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.
Largo Resources Ltd - Total Assets Trend (2001–2024)
This chart illustrates how Largo Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Largo Resources Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Largo Resources Ltd's total assets of $321.99 Million consist of 29.3% current assets and 70.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.9% |
| Accounts Receivable | $9.74 Million | 3.1% |
| Inventory | $47.54 Million | 14.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.25 Million | 0.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2001–2024)
This chart illustrates how Largo Resources 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Largo Resources Ltd's current assets represent 29.3% of total assets in 2024, a decrease from 100.0% in 2001.
- Cash Position: Cash and equivalents constituted 6.9% of total assets in 2024, up from 3.8% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is inventory at 14.9% of total assets.
Largo Resources Ltd Competitors by Total Assets
Key competitors of Largo Resources Ltd 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 |
Largo Resources Ltd - 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 - Largo Resources Ltd generates 0.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Largo Resources Ltd is currently not profitable relative to its asset base.
Largo Resources 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 | 0.50 | 1.67 | 3.10 |
| Quick Ratio | 0.20 | 0.81 | 2.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-78.83 Million | $ 46.71 Million | $ 92.95 Million |
Largo Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Largo Resources 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 | 1.01 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | -19.6% |
| Total Assets | $318.67 Million |
| Market Capitalization | $60.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Largo Resources Ltd's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Largo Resources Ltd's assets decreased by 19.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Largo Resources Ltd (2001–2024)
The table below shows the annual total assets of Largo Resources Ltd from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $318.67 Million | -19.61% |
| 2023-12-31 | $396.39 Million | +11.42% |
| 2022-12-31 | $355.75 Million | +13.33% |
| 2021-12-31 | $313.91 Million | +5.41% |
| 2020-12-31 | $297.81 Million | -19.88% |
| 2019-12-31 | $371.72 Million | -8.42% |
| 2018-12-31 | $405.88 Million | +37.46% |
| 2017-12-31 | $295.28 Million | +12.34% |
| 2016-12-31 | $262.85 Million | +15.52% |
| 2015-12-31 | $227.54 Million | -36.78% |
| 2014-12-31 | $359.93 Million | +3.94% |
| 2013-12-31 | $346.29 Million | +42.41% |
| 2012-12-31 | $243.17 Million | +37.26% |
| 2011-12-31 | $177.17 Million | +172.09% |
| 2010-12-31 | $65.11 Million | +45.40% |
| 2009-12-31 | $44.78 Million | +23.33% |
| 2008-12-31 | $36.31 Million | +67.12% |
| 2007-12-31 | $21.73 Million | +238.12% |
| 2006-12-31 | $6.43 Million | +48.76% |
| 2005-12-31 | $4.32 Million | +44.29% |
| 2004-12-31 | $2.99 Million | +844.74% |
| 2003-12-31 | $316.87K | +256.91% |
| 2002-12-31 | $88.78K | +1909.08% |
| 2001-12-31 | $4.42K | -- |