Element 29 Resources Inc
Element 29 Resources Inc. engages in the exploration and development of mineral resource properties in Peru. The company explores for copper, molybdenum, gold, silver, lead, and zinc. Its flagship properties are Elida copper project that includes 29 mining concessions covering an area of approximately 19,749 hectares located in the province of Ocros; Flor de Cobre copper project comprising 11 min… Read more
Element 29 Resources Inc (EMTRF) - Total Assets
Latest total assets as of September 2025: $23.67 Million USD
Based on the latest financial reports, Element 29 Resources Inc (EMTRF) holds total assets worth $23.67 Million USD as of September 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.
Element 29 Resources Inc - Total Assets Trend (2019–2024)
This chart illustrates how Element 29 Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Element 29 Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Element 29 Resources Inc's total assets of $23.67 Million consist of 10.0% current assets and 90.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.0% |
| Accounts Receivable | $31.83K | 0.2% |
| 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 Element 29 Resources 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: Element 29 Resources Inc's current assets represent 10.0% of total assets in 2024, an increase from 7.5% in 2019.
- Cash Position: Cash and equivalents constituted 9.0% of total assets in 2024, up from 6.6% 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 0.2% of total assets.
Element 29 Resources Inc Competitors by Total Assets
Key competitors of Element 29 Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
|
China | CN¥91.90 Billion |
|
North Copper Shanxi Co Ltd
SHE:000737
|
China | CN¥19.47 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
China | CN¥54.36 Billion |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
China | CN¥47.86 Billion |
|
Poongsan Holdi
KO:005810
|
Korea | ₩1.35 Trillion |
|
First Copper Technology Co Ltd
TW:2009
|
Taiwan | NT$10.15 Billion |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
|
China | CN¥9.38 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.21 Billion |
Element 29 Resources 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
Lower asset utilization - Element 29 Resources Inc 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 - Element 29 Resources Inc is currently not profitable relative to its asset base.
Element 29 Resources 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 | 49.78 | 11.74 | 31.36 |
| Quick Ratio | 49.78 | 11.74 | 31.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.77 Million | $ 2.44 Million | $ 6.10 Million |
Element 29 Resources Inc - Advanced Valuation Insights
This section examines the relationship between Element 29 Resources 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 | 7.64 |
| Latest Market Cap to Assets Ratio | 2.82 |
| Asset Growth Rate (YoY) | -16.5% |
| Total Assets | $13.30 Million |
| Market Capitalization | $37.55 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Element 29 Resources Inc's assets at a significant premium ( 2.82x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Element 29 Resources Inc's assets decreased by 16.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Element 29 Resources Inc (2019–2024)
The table below shows the annual total assets of Element 29 Resources Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.30 Million | -16.50% |
| 2023-12-31 | $15.93 Million | +9.52% |
| 2022-12-31 | $14.54 Million | -18.31% |
| 2021-12-31 | $17.80 Million | +42.46% |
| 2020-12-31 | $12.50 Million | +93.49% |
| 2019-12-31 | $6.46 Million | -- |