Finlay Minerals Ltd
Finlay Minerals Ltd. engages in the acquisition and exploration of base and precious metal deposits in northern British Columbia, Canada. It focuses on the exploration for gold-rich copper porphyry, epithermal gold, mesothermal silver-copper, copper, silver, and molybdenum-copper deposits. Finlay Minerals Ltd. was incorporated in 1999 and is based in Vancouver, Canada.
Finlay Minerals Ltd (FYMNF) - Total Assets
Latest total assets as of September 2025: $15.65 Million USD
Based on the latest financial reports, Finlay Minerals Ltd (FYMNF) holds total assets worth $15.65 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.
Finlay Minerals Ltd - Total Assets Trend (2015–2024)
This chart illustrates how Finlay Minerals Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Finlay Minerals Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Finlay Minerals Ltd's total assets of $15.65 Million consist of 2.9% current assets and 97.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.8% |
| 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 (2015–2024)
This chart illustrates how Finlay Minerals 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: Finlay Minerals Ltd's current assets represent 2.9% of total assets in 2024, an increase from 0.8% in 2015.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2024, up from 0.7% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Finlay Minerals Ltd Competitors by Total Assets
Key competitors of Finlay Minerals Ltd 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 |
Finlay Minerals 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 - Finlay Minerals 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 - Finlay Minerals Ltd is currently not profitable relative to its asset base.
Finlay Minerals 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 | 1.31 | 3.43 | 20.76 |
| Quick Ratio | 1.31 | 3.43 | 20.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $726.51K | $ 256.83K | $ 309.69K |
Finlay Minerals Ltd - Advanced Valuation Insights
This section examines the relationship between Finlay Minerals 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 | 1.72 |
| Latest Market Cap to Assets Ratio | 0.41 |
| Asset Growth Rate (YoY) | -1.6% |
| Total Assets | $11.73 Million |
| Market Capitalization | $4.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Finlay Minerals Ltd's assets below their book value (0.41 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Finlay Minerals Ltd's assets decreased by 1.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Finlay Minerals Ltd (2015–2024)
The table below shows the annual total assets of Finlay Minerals Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $11.73 Million | -1.56% |
| 2023-12-31 | $11.91 Million | +2.41% |
| 2022-12-31 | $11.63 Million | -3.22% |
| 2021-12-31 | $12.02 Million | +30.08% |
| 2020-12-31 | $9.24 Million | -0.93% |
| 2019-12-31 | $9.33 Million | +10.09% |
| 2018-12-31 | $8.47 Million | +0.64% |
| 2017-12-31 | $8.42 Million | +3.80% |
| 2016-12-31 | $8.11 Million | +1.74% |
| 2015-12-31 | $7.97 Million | -- |