Progressive Planet Solutions Inc
Progressive Planet Solutions Inc., together with its subsidiaries, primarily engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for natural pozzolan deposits. It holds 100% interest in the Z1 Zeolite property located 3 kms northeast of Cache Creek, British Columbia. The company also has an option agreement to acquire 100% interes… Read more
Progressive Planet Solutions Inc (ASHXF) - Total Assets
Latest total assets as of October 2025: $28.24 Million USD
Based on the latest financial reports, Progressive Planet Solutions Inc (ASHXF) holds total assets worth $28.24 Million USD as of October 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.
Progressive Planet Solutions Inc - Total Assets Trend (2014–2025)
This chart illustrates how Progressive Planet Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Progressive Planet Solutions Inc - Asset Composition Analysis
Current Asset Composition (April 2025)
Progressive Planet Solutions Inc's total assets of $28.24 Million consist of 35.7% current assets and 64.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 19.4% |
| Accounts Receivable | $1.30 Million | 4.7% |
| Inventory | $2.59 Million | 9.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2025)
This chart illustrates how Progressive Planet Solutions 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Progressive Planet Solutions Inc's current assets represent 35.7% of total assets in 2025, an increase from 14.0% in 2014.
- Cash Position: Cash and equivalents constituted 19.4% of total assets in 2025, up from 0.7% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 9.3% of total assets.
Progressive Planet Solutions Inc Competitors by Total Assets
Key competitors of Progressive Planet Solutions Inc 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 |
Progressive Planet Solutions Inc - 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
Moderate asset utilization - Progressive Planet Solutions Inc generates 0.70x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Progressive Planet Solutions Inc generates $5.97 in net profit.
Progressive Planet Solutions 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 | 2.52 | 3.41 | 4.26 |
| Quick Ratio | 1.58 | 2.19 | 4.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.19 Million | $ 5.36 Million | $ 810.25K |
Progressive Planet Solutions Inc - Advanced Valuation Insights
This section examines the relationship between Progressive Planet Solutions 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 | 2.32 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 6.4% |
| Total Assets | $27.98 Million |
| Market Capitalization | $7.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values Progressive Planet Solutions Inc's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Progressive Planet Solutions Inc's assets grew by 6.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Progressive Planet Solutions Inc (2014–2025)
The table below shows the annual total assets of Progressive Planet Solutions Inc from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-04-30 | $27.98 Million | +6.36% |
| 2024-04-30 | $26.31 Million | -1.94% |
| 2023-04-30 | $26.83 Million | -5.19% |
| 2022-04-30 | $28.30 Million | +564.69% |
| 2021-04-30 | $4.26 Million | +134.32% |
| 2020-04-30 | $1.82 Million | -38.01% |
| 2019-04-30 | $2.93 Million | +12.00% |
| 2018-04-30 | $2.62 Million | +16.99% |
| 2017-04-30 | $2.24 Million | +427.96% |
| 2016-04-30 | $423.66K | +110.41% |
| 2015-04-30 | $201.35K | -28.98% |
| 2014-04-30 | $283.50K | -- |