First Energy Metals Ltd
Linear Minerals Corp., a junior resource company, engages in the exploration and development of mineral properties in Canada. The company explores for lithium deposits. Its flagship property is the Augustus Lithium property that includes 21 mineral claims covering an area of approximately 900 hectares located in the Abitibi area of Western Quebec. The company was formerly known as FE Battery Meta… Read more
First Energy Metals Ltd (FEMFF) - Total Assets
Latest total assets as of December 2024: $8.50 Million USD
Based on the latest financial reports, First Energy Metals Ltd (FEMFF) holds total assets worth $8.50 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.
First Energy Metals Ltd - Total Assets Trend (2018–2024)
This chart illustrates how First Energy Metals Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Energy Metals Ltd - Asset Composition Analysis
Current Asset Composition (March 2024)
First Energy Metals Ltd's total assets of $8.50 Million consist of 25.1% current assets and 75.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.3% |
| 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 (2018–2024)
This chart illustrates how First Energy Metals Ltd'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: First Energy Metals Ltd's current assets represent 25.1% of total assets in 2024, a decrease from 94.9% in 2018.
- Cash Position: Cash and equivalents constituted 18.3% of total assets in 2024, down from 91.1% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
First Energy Metals Ltd Competitors by Total Assets
Key competitors of First Energy Metals Ltd 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 |
First Energy Metals Ltd - 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 - First Energy Metals Ltd 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 - First Energy Metals Ltd is currently not profitable relative to its asset base.
First Energy Metals Ltd - 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 | 1.99 | 3.38 | 1.02 |
| Quick Ratio | 1.99 | 3.38 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $762.19K | $ 2.17 Million | $ 4.30K |
First Energy Metals Ltd - Advanced Valuation Insights
This section examines the relationship between First Energy Metals Ltd'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 | 0.16 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -28.5% |
| Total Assets | $9.30 Million |
| Market Capitalization | $713.72K USD |
Valuation Analysis
Below Book Valuation: The market values First Energy Metals Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: First Energy Metals Ltd's assets decreased by 28.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for First Energy Metals Ltd (2018–2024)
The table below shows the annual total assets of First Energy Metals Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $9.30 Million | -28.54% |
| 2023-03-31 | $13.01 Million | +88.47% |
| 2022-03-31 | $6.90 Million | +117.12% |
| 2021-03-31 | $3.18 Million | +754.12% |
| 2020-03-31 | $372.28K | +13.90% |
| 2019-03-31 | $326.86K | -20.89% |
| 2018-03-31 | $413.19K | -- |