Commerce Resources Corp
Mont Royal Resources Limited engages in the development and exploration of minerals properties in Canada. It owns a 100% interest in the Ashram rare earth and fluorspar deposit in Québec, Canada; and a 75% interest in the Northern Lights project that covers an area of 536km2 located in the Upper Eastmain Greenstone belt. Mont Royal Resources Limited is based in Sydney, Australia.
Commerce Resources Corp (CMRZF) - Total Assets
Latest total assets as of April 2025: $53.64 Million USD
Based on the latest financial reports, Commerce Resources Corp (CMRZF) holds total assets worth $53.64 Million USD as of April 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.
Commerce Resources Corp - Total Assets Trend (2012–2024)
This chart illustrates how Commerce Resources Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Commerce Resources Corp - Asset Composition Analysis
Current Asset Composition (October 2024)
Commerce Resources Corp's total assets of $53.64 Million consist of 7.3% current assets and 92.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.5% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2012–2024)
This chart illustrates how Commerce Resources Corp'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: Commerce Resources Corp's current assets represent 7.3% of total assets in 2024, an increase from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2024, up from 0.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Commerce Resources Corp Competitors by Total Assets
Key competitors of Commerce Resources Corp 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 |
Commerce Resources Corp - 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 - Commerce Resources Corp 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 - Commerce Resources Corp is currently not profitable relative to its asset base.
Commerce Resources Corp - 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 | 0.50 | 6.73 | 1.36 |
| Quick Ratio | 0.50 | 6.73 | 1.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.26 Million | $ 2.68 Million | $ 357.20K |
Commerce Resources Corp - Advanced Valuation Insights
This section examines the relationship between Commerce Resources Corp'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 | 0.54 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -29.2% |
| Total Assets | $54.74 Million |
| Market Capitalization | $8.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values Commerce Resources Corp's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Commerce Resources Corp's assets decreased by 29.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Commerce Resources Corp (2012–2024)
The table below shows the annual total assets of Commerce Resources Corp from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | $54.74 Million | -29.17% |
| 2023-10-31 | $77.29 Million | +5.60% |
| 2022-10-31 | $73.19 Million | +2.79% |
| 2021-10-31 | $71.20 Million | +11.54% |
| 2020-10-31 | $63.83 Million | +1.37% |
| 2019-10-31 | $62.97 Million | +1.48% |
| 2018-10-31 | $62.06 Million | -0.07% |
| 2017-10-31 | $62.10 Million | +1.14% |
| 2016-10-31 | $61.40 Million | +2.76% |
| 2015-10-31 | $59.75 Million | +15.84% |
| 2014-10-31 | $51.58 Million | +2.78% |
| 2013-10-31 | $50.18 Million | -3.33% |
| 2012-10-31 | $51.92 Million | -- |