Equity Metals Corporation
Equity Metals Corporation engages in the acquisition, exploration, and development of mineral and diamond properties in British Columbia, Saskatchewan, and the Northwest Territories. It explores for gold, silver, copper, silica, and diamond ores. The company was formerly known as New Nadina Explorations Limited and changed its name to Equity Metals Corporation in September 2019. Equity Metals Cor… Read more
Equity Metals Corporation (EQMEF) - Total Assets
Latest total assets as of November 2025: $2.76 Million USD
Based on the latest financial reports, Equity Metals Corporation (EQMEF) holds total assets worth $2.76 Million USD as of November 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.
Equity Metals Corporation - Total Assets Trend (2016–2025)
This chart illustrates how Equity Metals Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Equity Metals Corporation - Asset Composition Analysis
Current Asset Composition (August 2025)
Equity Metals Corporation's total assets of $2.76 Million consist of 86.0% current assets and 14.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 75.0% |
| Accounts Receivable | $409.13K | 11.0% |
| 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 (2016–2025)
This chart illustrates how Equity Metals Corporation'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: Equity Metals Corporation's current assets represent 86.0% of total assets in 2025, an increase from 7.3% in 2016.
- Cash Position: Cash and equivalents constituted 75.0% of total assets in 2025, up from 3.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 11.0% of total assets.
Equity Metals Corporation Competitors by Total Assets
Key competitors of Equity Metals Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Equity Metals Corporation - 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 - Equity Metals Corporation 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 - Equity Metals Corporation is currently not profitable relative to its asset base.
Equity Metals Corporation - 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 | 4.72 | 3.48 | 8.60 |
| Quick Ratio | 4.72 | 3.48 | 8.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.76 Million | $ 3.41 Million | $ 2.93 Million |
Equity Metals Corporation - Advanced Valuation Insights
This section examines the relationship between Equity Metals Corporation'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 | 34.56 |
| Latest Market Cap to Assets Ratio | 7.66 |
| Asset Growth Rate (YoY) | -32.1% |
| Total Assets | $3.73 Million |
| Market Capitalization | $28.61 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Equity Metals Corporation's assets at a significant premium ( 7.66x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Equity Metals Corporation's assets decreased by 32.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Equity Metals Corporation (2016–2025)
The table below shows the annual total assets of Equity Metals Corporation from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | $3.73 Million | -32.08% |
| 2024-08-31 | $5.50 Million | +64.38% |
| 2023-08-31 | $3.34 Million | +316.82% |
| 2022-08-31 | $802.49K | -63.05% |
| 2021-08-31 | $2.17 Million | -4.30% |
| 2020-08-31 | $2.27 Million | +611.90% |
| 2019-08-31 | $318.78K | -63.35% |
| 2018-08-31 | $869.73K | -12.77% |
| 2017-08-31 | $997.06K | +358.78% |
| 2016-08-31 | $217.33K | -- |