Noble Mineral Exploration Inc
Noble Mineral Exploration Inc., a junior exploration company, engages in the exploration and evaluation of mineral properties in Canada. It primarily explores for uranium, thorium, yttrium, zirconium, rare earth, phosphorus, silver, nickel, cobalt, gold, copper, VMS, and PGM deposits. The company was formerly known as Ring of Fire Resources Inc. and changed its name to Noble Mineral Exploration I… Read more
Noble Mineral Exploration Inc (NLPXF) - Total Assets
Latest total assets as of November 2025: $10.61 Million USD
Based on the latest financial reports, Noble Mineral Exploration Inc (NLPXF) holds total assets worth $10.61 Million USD as of November 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.
Noble Mineral Exploration Inc - Total Assets Trend (2014–2025)
This chart illustrates how Noble Mineral Exploration Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Noble Mineral Exploration Inc - Asset Composition Analysis
Current Asset Composition (August 2025)
Noble Mineral Exploration Inc's total assets of $10.61 Million consist of 38.1% current assets and 61.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| 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 (2014–2025)
This chart illustrates how Noble Mineral Exploration 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: Noble Mineral Exploration Inc's current assets represent 38.1% of total assets in 2025, an increase from 11.1% in 2014.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2025, down from 1.8% 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.
Noble Mineral Exploration Inc Competitors by Total Assets
Key competitors of Noble Mineral Exploration 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 |
Noble Mineral Exploration 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 - Noble Mineral Exploration 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 - Noble Mineral Exploration Inc is currently not profitable relative to its asset base.
Noble Mineral Exploration 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 | 8.35 | 4.57 | 8.85 |
| Quick Ratio | 8.35 | 4.57 | 8.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.51 Million | $ 2.43 Million | $ 5.45 Million |
Noble Mineral Exploration Inc - Advanced Valuation Insights
This section examines the relationship between Noble Mineral Exploration 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 | 3.21 |
| Latest Market Cap to Assets Ratio | 1.31 |
| Asset Growth Rate (YoY) | -4.2% |
| Total Assets | $9.08 Million |
| Market Capitalization | $11.92 Million USD |
Valuation Analysis
Above Book Valuation: The market values Noble Mineral Exploration Inc's assets above their book value (1.31 x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Noble Mineral Exploration Inc's assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Noble Mineral Exploration Inc (2014–2025)
The table below shows the annual total assets of Noble Mineral Exploration Inc from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | $9.08 Million | -4.18% |
| 2024-08-31 | $9.48 Million | -2.67% |
| 2023-08-31 | $9.74 Million | -16.11% |
| 2022-08-31 | $11.61 Million | -20.60% |
| 2021-08-31 | $14.62 Million | +50.59% |
| 2020-08-31 | $9.71 Million | +109.17% |
| 2019-08-31 | $4.64 Million | +8.28% |
| 2018-08-31 | $4.29 Million | -9.73% |
| 2017-08-31 | $4.75 Million | +279.28% |
| 2016-08-31 | $1.25 Million | +53.18% |
| 2015-08-31 | $817.20K | -81.92% |
| 2014-08-31 | $4.52 Million | -- |