USA Rare Earth, Inc. (USAR) - Total Assets
Based on the latest financial reports, USA Rare Earth, Inc. (USAR) holds total assets worth $695.00 Million USD as of December 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. See USA Rare Earth, Inc. balance sheet quality to measure how much of total assets are equity-financed.
USA Rare Earth, Inc. - Total Assets Trend (2022–2025)
This chart illustrates how USA Rare Earth, Inc.'s total assets have evolved over time, based on quarterly financial data. Explore USAR long-term investment intensity to see how much of total assets are deployed in long-term investments.
USA Rare Earth, Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
USA Rare Earth, Inc.'s total assets of $695.00 Million consist of 55.5% current assets and 44.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 51.8% |
| Accounts Receivable | $3.76 Million | 0.5% |
| Inventory | $18.54 Million | 2.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $68.61 Million | 9.9% |
| Goodwill | $134.85 Million | 19.4% |
Asset Composition Trend (2022–2025)
This chart illustrates how USA Rare Earth, 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. For live market cap, price, and company overview, see USA Rare Earth, Inc. (USAR) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: USA Rare Earth, Inc.'s current assets represent 55.5% of total assets in 2025, an increase from 1.5% in 2022.
- Cash Position: Cash and equivalents constituted 51.8% of total assets in 2025, up from 0.5% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 28.0% of total assets, an increase from 22.0% in 2022.
- Asset Diversification: The largest asset category is goodwill at 19.4% of total assets.
USA Rare Earth, Inc. Competitors by Total Assets
Key competitors of USA Rare Earth, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €30.52 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
Nickel Industries Ltd
AU:NIC
|
Australia | AU$4.27 Billion |
|
Vale Indonesia Tbk
JK:INCO
|
Indonesia | Rp3.34 Billion |
|
Shandong Humon Smelting Co Ltd
SHE:002237
|
China | CN¥39.03 Billion |
|
Guangdong Xianglu Tungsten Co Ltd
SHE:002842
|
China | CN¥3.89 Billion |
|
Lithium Americas Corp
TO:LAC
|
Canada | CA$2.57 Billion |
USA Rare Earth, 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 | 10.17 | 0.02 | 7.19 |
| Quick Ratio | 9.68 | 0.02 | 7.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $347.46 Million | $-3.88 Million | $928.27K |
USA Rare Earth, Inc. - Advanced Valuation Insights
This section examines the relationship between USA Rare Earth, 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 | 11.93 |
| Latest Market Cap to Assets Ratio | 7.39 |
| Asset Growth Rate (YoY) | 2779.5% |
| Total Assets | $695.00 Million |
| Market Capitalization | $5.13 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values USA Rare Earth, Inc.'s assets at a significant premium (7.39x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: USA Rare Earth, Inc.'s assets grew by 2779.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for USA Rare Earth, Inc. (2022–2025)
The table below shows the annual total assets of USA Rare Earth, Inc. from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $695.00 Million | +2779.52% |
| 2024-12-31 | $24.14 Million | -90.70% |
| 2023-12-31 | $259.47 Million | -95.52% |
| 2022-12-31 | $5.79 Billion | -- |
About USA Rare Earth, Inc.
USA Rare Earth, Inc. engages in mining, processing, and supplying rare earths and other critical minerals in the United States, Europe, and Asia. It primarily explores neodymium, dysprosium, terbium, yttrium, gallium, hafnium, praseodymium, samarium, and other critical minerals. The company holds interests in the Round Top Mountain located near Sierra Blanca, Texas. It products are used in aerosp… Read more