Lucky Minerals Inc
Lucky Minerals Inc. engages in the acquisition, exploration, and evaluation of mineral properties. The company explores for gold, copper, and molybdenum deposits. It holds a 100% interest in the Fortuna project comprises 12 contiguous mining concessions covering an area of approximately 55,000 hectares in a prolific mineralized zone in southern Ecuador. The company was incorporated in 2007 and is… Read more
Lucky Minerals Inc (LKMNF) - Total Assets
Latest total assets as of July 2024: $43.36K USD
Based on the latest financial reports, Lucky Minerals Inc (LKMNF) holds total assets worth $43.36K USD as of July 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.
Lucky Minerals Inc - Total Assets Trend (2014–2023)
This chart illustrates how Lucky Minerals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lucky Minerals Inc - Asset Composition Analysis
Current Asset Composition (October 2023)
Lucky Minerals Inc's total assets of $43.36K consist of 6.2% current assets and 93.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.5% |
| 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 (2014–2023)
This chart illustrates how Lucky Minerals 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: Lucky Minerals Inc's current assets represent 6.2% of total assets in 2023, a decrease from 84.4% in 2014.
- Cash Position: Cash and equivalents constituted 0.5% of total assets in 2023, down from 74.7% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Lucky Minerals Inc Competitors by Total Assets
Key competitors of Lucky Minerals 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 |
Lucky Minerals 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 - Lucky Minerals 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 - Lucky Minerals Inc is currently not profitable relative to its asset base.
Lucky Minerals 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 | 0.01 | 0.04 | 0.13 |
| Quick Ratio | 0.01 | 0.04 | 0.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.42 Million | $ -2.52 Million | $ -2.03 Million |
Lucky Minerals Inc - Advanced Valuation Insights
This section examines the relationship between Lucky Minerals 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 | 0.38 |
| Latest Market Cap to Assets Ratio | 0.87 |
| Asset Growth Rate (YoY) | -86.5% |
| Total Assets | $1.07 Million |
| Market Capitalization | $930.00K USD |
Valuation Analysis
Near Book Valuation: The market values Lucky Minerals Inc's assets close to their book value ( 0.87x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Lucky Minerals Inc's assets decreased by 86.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Lucky Minerals Inc (2014–2023)
The table below shows the annual total assets of Lucky Minerals Inc from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-10-31 | $1.07 Million | -86.49% |
| 2022-10-31 | $7.93 Million | -3.66% |
| 2021-10-31 | $8.23 Million | +54.46% |
| 2020-10-31 | $5.33 Million | -7.39% |
| 2019-10-31 | $5.75 Million | +141.07% |
| 2018-10-31 | $2.39 Million | +211.23% |
| 2017-10-31 | $766.97K | +30.00% |
| 2016-10-31 | $589.97K | -25.30% |
| 2015-10-31 | $789.79K | -20.54% |
| 2014-10-31 | $994.01K | -- |