Cygnus Metals Limited
Cygnus Metals Limited engages in the exploration of mineral properties in Canada and Western Australia. The company explores for lithium, gold, nickel, and copper deposits, as well as rare earth elements and platinum group elements. Its flagship projects include the Corner Bay and Devlin projects located on south of Chibougamau, Québec. The company was formerly known as Cygnus Gold Limited and ch… Read more
Cygnus Metals Limited (CYGGF) - Total Assets
Latest total assets as of December 2024: $78.88 Million USD
Based on the latest financial reports, Cygnus Metals Limited (CYGGF) holds total assets worth $78.88 Million USD as of December 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.
Cygnus Metals Limited - Total Assets Trend (2019–2024)
This chart illustrates how Cygnus Metals Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cygnus Metals Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Cygnus Metals Limited's total assets of $78.88 Million consist of 20.4% current assets and 79.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.9% |
| Accounts Receivable | $903.51K | 1.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Cygnus Metals 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cygnus Metals Limited's current assets represent 20.4% of total assets in 2024, a decrease from 35.5% in 2019.
- Cash Position: Cash and equivalents constituted 18.9% of total assets in 2024, down from 32.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.
Cygnus Metals Limited Competitors by Total Assets
Key competitors of Cygnus Metals Limited 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 |
Cygnus Metals Limited - 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 - Cygnus Metals Limited generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Cygnus Metals Limited is currently not profitable relative to its asset base.
Cygnus Metals 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 | 4.48 | 1.94 | 4.30 |
| Quick Ratio | 4.48 | 1.94 | 4.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $12.53 Million | $ 5.32 Million | $ 11.75 Million |
Cygnus Metals Limited - Advanced Valuation Insights
This section examines the relationship between Cygnus Metals 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 | 2.94 |
| Latest Market Cap to Assets Ratio | 0.59 |
| Asset Growth Rate (YoY) | 124.8% |
| Total Assets | $78.88 Million |
| Market Capitalization | $46.27 Million USD |
Valuation Analysis
Below Book Valuation: The market values Cygnus Metals Limited's assets below their book value (0.59 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Cygnus Metals Limited's assets grew by 124.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Cygnus Metals Limited (2019–2024)
The table below shows the annual total assets of Cygnus Metals Limited from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $78.88 Million | +124.81% |
| 2023-12-31 | $35.09 Million | +63.94% |
| 2022-12-31 | $21.40 Million | +511.58% |
| 2021-12-31 | $3.50 Million | -1.32% |
| 2020-12-31 | $3.55 Million | -34.93% |
| 2019-12-31 | $5.45 Million | -- |