Millennial Potash Corp.
Millennial Potash Corp. engages in the acquisition, exploration, and development of mineral properties with a primary focus on potash deposits. It holds an option to acquire a 100% interest in the Banio Potash project located on the Atlantic coast of Gabon, Western Africa. The company was formerly known as Black Mountain Gold USA Corp. and changed its name to Millennial Potash Corp. in January 20… Read more
Millennial Potash Corp. (MLPNF) - Total Assets
Latest total assets as of August 2025: $33.62 Million USD
Based on the latest financial reports, Millennial Potash Corp. (MLPNF) holds total assets worth $33.62 Million USD as of August 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.
Millennial Potash Corp. - Total Assets Trend (2019–2025)
This chart illustrates how Millennial Potash Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Millennial Potash Corp. - Asset Composition Analysis
Current Asset Composition (August 2025)
Millennial Potash Corp.'s total assets of $33.62 Million consist of 54.2% current assets and 45.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 52.0% |
| Accounts Receivable | $162.10K | 0.5% |
| 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 (2019–2025)
This chart illustrates how Millennial Potash Corp.'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: Millennial Potash Corp.'s current assets represent 54.2% of total assets in 2025, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 52.0% of total assets in 2025, down from 99.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Millennial Potash Corp. Competitors by Total Assets
Key competitors of Millennial Potash Corp. 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 |
Millennial Potash Corp. - 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 - Millennial Potash Corp. 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 - Millennial Potash Corp. is currently not profitable relative to its asset base.
Millennial Potash Corp. - 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 | 24.71 | 3.88 | 26.60 |
| Quick Ratio | 24.71 | 3.88 | 26.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $17.49 Million | $ 1.71 Million | $ 3.84 Million |
Millennial Potash Corp. - Advanced Valuation Insights
This section examines the relationship between Millennial Potash Corp.'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 | 11.05 |
| Latest Market Cap to Assets Ratio | 0.86 |
| Asset Growth Rate (YoY) | 174.1% |
| Total Assets | $33.62 Million |
| Market Capitalization | $28.80 Million USD |
Valuation Analysis
Near Book Valuation: The market values Millennial Potash Corp.'s assets close to their book value ( 0.86x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Millennial Potash Corp.'s assets grew by 174.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Millennial Potash Corp. (2019–2025)
The table below shows the annual total assets of Millennial Potash Corp. from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | $33.62 Million | +174.09% |
| 2024-08-31 | $12.27 Million | +77.13% |
| 2023-08-31 | $6.92 Million | +38.86% |
| 2022-08-31 | $4.99 Million | +1.47% |
| 2021-08-31 | $4.91 Million | +515.34% |
| 2020-08-31 | $798.66K | +409.33% |
| 2019-08-31 | $156.81K | -- |