Nova Minerals Limited (NVA) - Total Assets
Based on the latest financial reports, Nova Minerals Limited (NVA) holds total assets worth $3.34 Billion USD as of September 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. Explore Nova Minerals Limited (NVA) liquidity to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Nova Minerals Limited - Total Assets Trend (1989–2024)
This chart illustrates how Nova Minerals Limited's total assets have evolved over time, based on quarterly financial data.
Nova Minerals Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Nova Minerals Limited's total assets of $3.34 Billion consist of 6.5% current assets and 93.5% non-current assets. Also see Nova Minerals Limited (NVA) market capitalisation for the company's overall valuation and market capitalisation.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $39.81K | 0.0% |
| Inventory | $20.70 Million | 0.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1989–2024)
This chart illustrates how Nova Minerals 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. See latest Nova Minerals Limited stock price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nova Minerals Limited's current assets represent 6.5% of total assets in 2024, an increase from 2.3% in 1989.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 1.4% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
- Asset Diversification: The largest asset category is inventory at 0.7% of total assets.
Nova Minerals Limited Competitors by Total Assets
Key competitors of Nova Minerals Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Rio Tinto Group
F:RIOA
|
Germany | €128.10 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
Lynas Rare EARTHS Ltd
AU:LYC
|
Australia | AU$2.94 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.86 Billion |
|
Nickel Industries Ltd
AU:NIC
|
Australia | AU$4.27 Billion |
|
Nova Minerals Ltd
AU:NVA
|
Australia | AU$185.70 Million |
|
Jinzhou Jixiang Molybdenum Co Ltd
SHG:603399
|
China | CN¥3.56 Billion |
Nova Minerals 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 | 0.87 | 1.10 | 0.67 |
| Quick Ratio | 0.82 | 0.47 | -0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-27.54 Million | $19.08 Million | $-41.43 Million |
Nova Minerals Limited - Advanced Valuation Insights
This section examines the relationship between Nova Minerals 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 | 1.30 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 8.4% |
| Total Assets | $3.06 Billion |
| Market Capitalization | $83.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nova Minerals Limited's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Nova Minerals Limited's assets grew by 8.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Nova Minerals Limited (1989–2024)
The table below shows the annual total assets of Nova Minerals Limited from 1989 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $3.06 Billion | +8.38% |
| 2023-06-30 | $2.82 Billion | +17.96% |
| 2022-06-30 | $2.39 Billion | +10.85% |
| 2021-06-30 | $2.16 Billion | -7.44% |
| 2020-06-30 | $2.33 Billion | +6.90% |
| 2019-06-30 | $2.18 Billion | +83.82% |
| 2018-06-30 | $1.19 Billion | +23.43% |
| 2017-06-30 | $961.24 Million | -2.08% |
| 2016-06-30 | $981.64 Million | -4.14% |
| 2015-06-30 | $1.02 Billion | +13.07% |
| 2014-06-30 | $905.71 Million | +3.14% |
| 2013-06-30 | $878.17 Million | -36.07% |
| 2012-06-30 | $1.37 Billion | -13.99% |
| 2011-06-30 | $1.60 Billion | +2.66% |
| 2010-06-30 | $1.56 Billion | +10.55% |
| 2009-06-30 | $1.41 Billion | +106.00% |
| 2008-06-30 | $683.16 Million | +15.77% |
| 2007-06-30 | $590.08 Million | +36.46% |
| 2006-06-30 | $432.43 Million | +149.20% |
| 2005-06-30 | $173.53 Million | +89.29% |
| 2004-06-30 | $91.67 Million | +18160.77% |
| 2003-06-30 | $502.03K | -10.35% |
| 2002-06-30 | $559.96K | -64.16% |
| 2001-06-30 | $1.56 Million | -36.57% |
| 2000-06-30 | $2.46 Million | -58.80% |
| 1999-06-30 | $5.98 Million | -59.54% |
| 1998-06-30 | $14.78 Million | -22.21% |
| 1997-06-30 | $19.00 Million | +23.16% |
| 1996-06-30 | $15.43 Million | +52.41% |
| 1995-06-30 | $10.12 Million | +163.98% |
| 1994-06-30 | $3.83 Million | +42.47% |
| 1993-06-30 | $2.69 Million | +8.42% |
| 1992-06-30 | $2.48 Million | +97.61% |
| 1991-06-30 | $1.26 Million | -74.16% |
| 1990-06-30 | $4.86 Million | -34.82% |
| 1989-06-30 | $7.46 Million | -- |
About Nova Minerals Limited
Nova Minerals Limited engages in the exploration of mineral properties in Australia and the United States. The company explores for gold, antimony, and critical minerals. Its flagship project is the Estelle Gold project comprising 803 mining claims covering an area of 514 square kilometers located in the State of Alaska. The company was formerly known as Quantum Resources Limited and changed its … Read more