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. Check Nova Minerals Limited investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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. Explore NVA strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
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.
| 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. For live market cap, price, and company overview, see NVA market cap overview.
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 |
|---|---|---|
|
Glencore plc
MX:GLENN
|
Mexico | MX$142.20 Billion |
|
Fortescue Ltd
AU:FMG
|
Australia | AU$31.37 Billion |
|
Lynas Rare EARTHS Ltd
AU:LYC
|
Australia | AU$2.94 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥174.67 Billion |
|
Jinhui Mining Co Ltd
SHG:603132
|
China | CN¥7.49 Billion |
|
Petrosea Tbk
JK:PTRO
|
Indonesia | Rp1.21 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 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