USA Rare Earth, Inc. (USAR) - Total Assets
Based on the latest financial reports, USA Rare Earth, Inc. (USAR) holds total assets worth $2.13 Billion USD as of March 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.
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. Also see USAR market cap overview for the company's overall valuation and market capitalisation.
USA Rare Earth, Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
USA Rare Earth, Inc.'s total assets of $2.13 Billion consist of 55.5% current assets and 44.6% non-current assets. Review USAR current and long-term liabilities to assess the company's total debt and financial obligations.
| 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. See USA Rare Earth, Inc. (USAR) stock price for real-time trading data and today's change.
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 |
|---|---|---|
|
RIO Tinto Ltd
AU:RIO
|
Australia | AU$128.19 Billion |
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €31.58 Billion |
|
Fortescue Ltd
AU:FMG
|
Australia | AU$31.37 Billion |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
|
China | CN¥3.58 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Chengtun Mining Group Co Ltd
SHG:600711
|
China | CN¥50.58 Billion |
|
JCHX Mining Management Co Ltd
SHG:603979
|
China | CN¥19.62 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 | 36.29 | 3.52 | 7.19 |
| Quick Ratio | 35.71 | 3.52 | 7.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.74 Billion | $18.45 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 | 2.52 |
| Latest Market Cap to Assets Ratio | 5.50 |
| Asset Growth Rate (YoY) | 906.2% |
| Total Assets | $695.00 Million |
| Market Capitalization | $3.82 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values USA Rare Earth, Inc.'s assets at a significant premium (5.50x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: USA Rare Earth, Inc.'s assets grew by 906.2% 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 | +906.24% |
| 2024-12-31 | $69.07 Million | -73.38% |
| 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