GBMID
Green Battery Minerals Inc. engages in the acquisition, exploration, and development of natural resource properties in Canada. The company explores for gold, lithium, and graphite. Its flagship project is the 100% owned Berkwood graphite project consisting of 74 claims totaling 5,714 hectares. The company was formerly known as Goldcore Resources Ltd. and changed its name to Green Battery Minerals… Read more
GBMID (GBMID) - Total Assets
Latest total assets as of August 2024: $1.93 Million USD
Based on the latest financial reports, GBMID (GBMID) holds total assets worth $1.93 Million USD as of August 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.
GBMID - Total Assets Trend (2021–2024)
This chart illustrates how GBMID’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GBMID - Asset Composition Analysis
Current Asset Composition (February 2024)
GBMID's total assets of $1.93 Million consist of 12.7% current assets and 87.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.6% |
| Accounts Receivable | $7.57K | 0.4% |
| 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 (2021–2024)
This chart illustrates how GBMID'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: GBMID's current assets represent 12.7% of total assets in 2024, a decrease from 38.7% in 2021.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2024, down from 31.8% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
GBMID Competitors by Total Assets
Key competitors of GBMID 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 |
GBMID - 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 - GBMID 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 - GBMID is currently not profitable relative to its asset base.
GBMID - 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 | 0.21 | 2.55 | 2.55 |
| Quick Ratio | 0.21 | 2.55 | 2.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-461.07K | $ 420.59K | $ 420.59K |
GBMID - Advanced Valuation Insights
This section examines the relationship between GBMID'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -20.5% |
| Total Assets | $2.07 Million |
| Market Capitalization | $480.19 USD |
Valuation Analysis
Below Book Valuation: The market values GBMID's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: GBMID's assets decreased by 20.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for GBMID (2021–2024)
The table below shows the annual total assets of GBMID from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-02-29 | $2.07 Million | -20.51% |
| 2023-02-28 | $2.60 Million | -51.75% |
| 2022-02-28 | $5.39 Million | +95.93% |
| 2021-02-28 | $2.75 Million | -- |