New Energy Metals Corp.
New Energy Metals Corp., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for copper and lithium deposits. The company has an option to acquire 100% interest in the Troitsa Kate copper property that comprise 26 mineral claims covering an area of approximately 7,000 hectares located in the Omineca … Read more
New Energy Metals Corp. (NRGYF) - Total Assets
Latest total assets as of December 2024: $286.60K USD
Based on the latest financial reports, New Energy Metals Corp. (NRGYF) holds total assets worth $286.60K USD as of December 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.
New Energy Metals Corp. - Total Assets Trend (2019–2024)
This chart illustrates how New Energy Metals Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New Energy Metals Corp. - Asset Composition Analysis
Current Asset Composition (June 2024)
New Energy Metals Corp.'s total assets of $286.60K consist of 34.7% current assets and 65.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 23.5% |
| 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 (2019–2024)
This chart illustrates how New Energy Metals 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: New Energy Metals Corp.'s current assets represent 34.7% of total assets in 2024, an increase from 23.5% in 2019.
- Cash Position: Cash and equivalents constituted 23.5% of total assets in 2024, up from 22.2% 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 goodwill at 0.0% of total assets.
New Energy Metals Corp. Competitors by Total Assets
Key competitors of New Energy Metals Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 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 |
New Energy Metals 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 - New Energy Metals 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 - New Energy Metals Corp. is currently not profitable relative to its asset base.
New Energy Metals 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 | 0.38 | 1.09 | 0.04 |
| Quick Ratio | 0.38 | 1.09 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-137.58K | $ 12.52K | $ -411.34K |
New Energy Metals Corp. - Advanced Valuation Insights
This section examines the relationship between New Energy Metals 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 | 7.54 |
| Latest Market Cap to Assets Ratio | 2.61 |
| Asset Growth Rate (YoY) | -78.2% |
| Total Assets | $297.95K |
| Market Capitalization | $778.42K USD |
Valuation Analysis
Premium Asset Valuation: The market values New Energy Metals Corp.'s assets at a significant premium ( 2.61x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: New Energy Metals Corp.'s assets decreased by 78.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for New Energy Metals Corp. (2019–2024)
The table below shows the annual total assets of New Energy Metals Corp. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $297.95K | -78.19% |
| 2023-06-30 | $1.37 Million | +20770.03% |
| 2022-06-30 | $6.55K | -96.17% |
| 2021-06-30 | $171.02K | +28.64% |
| 2020-06-30 | $132.94K | -91.78% |
| 2019-06-30 | $1.62 Million | -- |