Fuse Cobalt Inc
Fuse Battery Metals Inc. engages in the acquisition, exploration, and development of energy metals projects. It explores for cobalt and lithium. The company holds interests in resource properties in the province of Ontario, Canada and the state of Nevada, the United States. The company was formerly known as Fuse Cobalt Inc. and changed its name to Fuse Battery Metals Inc. in January 2023. Fuse Ba… Read more
Fuse Cobalt Inc (FUSEF) - Total Assets
Latest total assets as of March 2025: $802.56K USD
Based on the latest financial reports, Fuse Cobalt Inc (FUSEF) holds total assets worth $802.56K USD as of March 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.
Fuse Cobalt Inc - Total Assets Trend (2016–2024)
This chart illustrates how Fuse Cobalt Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fuse Cobalt Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Fuse Cobalt Inc's total assets of $802.56K consist of 29.3% current assets and 70.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 25.8% |
| Accounts Receivable | $10.22K | 1.1% |
| 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 (2016–2024)
This chart illustrates how Fuse Cobalt 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: Fuse Cobalt Inc's current assets represent 29.3% of total assets in 2024, a decrease from 51.1% in 2016.
- Cash Position: Cash and equivalents constituted 25.8% of total assets in 2024, down from 43.5% 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 1.1% of total assets.
Fuse Cobalt Inc Competitors by Total Assets
Key competitors of Fuse Cobalt 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 |
Fuse Cobalt 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 - Fuse Cobalt 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 - Fuse Cobalt Inc is currently not profitable relative to its asset base.
Fuse Cobalt 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 | 10.35 | 34.58 | 17.19 |
| Quick Ratio | 10.35 | 34.58 | 17.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $117.64K | $ 947.11K | $ 515.36K |
Fuse Cobalt Inc - Advanced Valuation Insights
This section examines the relationship between Fuse Cobalt 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 | 2.05 |
| Latest Market Cap to Assets Ratio | 1.16 |
| Asset Growth Rate (YoY) | -83.4% |
| Total Assets | $950.36K |
| Market Capitalization | $1.10 Million USD |
Valuation Analysis
Above Book Valuation: The market values Fuse Cobalt Inc's assets above their book value (1.16 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Fuse Cobalt Inc's assets decreased by 83.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Fuse Cobalt Inc (2016–2024)
The table below shows the annual total assets of Fuse Cobalt Inc from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $950.36K | -83.38% |
| 2023-12-31 | $5.72 Million | -10.66% |
| 2022-12-31 | $6.40 Million | +44.77% |
| 2021-12-31 | $4.42 Million | +9.79% |
| 2020-12-31 | $4.03 Million | +15.08% |
| 2019-12-31 | $3.50 Million | -21.68% |
| 2018-12-31 | $4.47 Million | -13.65% |
| 2017-12-31 | $5.17 Million | +96.66% |
| 2016-12-31 | $2.63 Million | -- |