NextSource Materials Inc
NextSource Materials Inc. explores for, develops, and evaluates mineral properties in Madagascar and Canada. It operates through Mine Development and Battery Anode Facilities (BAF) Development segments. The company explores for graphite and vanadium deposits. It holds interests in the Molo graphite mine located in the Province of Toliara in Southern Madagascar; the Green Giant Vanadium Project lo… Read more
NextSource Materials Inc (NSRCF) - Total Assets
Latest total assets as of September 2025: $83.56 Million USD
Based on the latest financial reports, NextSource Materials Inc (NSRCF) holds total assets worth $83.56 Million USD as of September 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.
NextSource Materials Inc - Total Assets Trend (2009–2024)
This chart illustrates how NextSource Materials Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NextSource Materials Inc - Asset Composition Analysis
Current Asset Composition (June 2024)
NextSource Materials Inc's total assets of $83.56 Million consist of 14.6% current assets and 85.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.6% |
| Accounts Receivable | $427.98K | 0.5% |
| Inventory | $1.00 Million | 1.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how NextSource Materials 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: NextSource Materials Inc's current assets represent 14.6% of total assets in 2024, an increase from 0.0% in 2009.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2024, down from 83.4% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 1.1% of total assets.
NextSource Materials Inc Competitors by Total Assets
Key competitors of NextSource Materials Inc 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 |
NextSource Materials 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 - NextSource Materials 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 - NextSource Materials Inc is currently not profitable relative to its asset base.
NextSource Materials 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 | 0.40 | 0.47 | 0.80 |
| Quick Ratio | 0.19 | 0.34 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-18.02 Million | $ -8.00 Million | $ -269.77K |
NextSource Materials Inc - Advanced Valuation Insights
This section examines the relationship between NextSource Materials 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 | 1.57 |
| Latest Market Cap to Assets Ratio | 0.43 |
| Asset Growth Rate (YoY) | 75.3% |
| Total Assets | $92.85 Million |
| Market Capitalization | $40.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values NextSource Materials Inc's assets below their book value (0.43 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: NextSource Materials Inc's assets grew by 75.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for NextSource Materials Inc (2009–2024)
The table below shows the annual total assets of NextSource Materials Inc from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $92.85 Million | +75.26% |
| 2023-06-30 | $52.98 Million | +80.82% |
| 2022-06-30 | $29.30 Million | +8.83% |
| 2021-06-30 | $26.92 Million | +9744.82% |
| 2020-06-30 | $273.44K | -55.42% |
| 2019-06-30 | $613.40K | +55.50% |
| 2018-06-30 | $394.48K | -80.95% |
| 2017-06-30 | $2.07 Million | +249.75% |
| 2016-06-30 | $592.22K | -41.20% |
| 2015-06-30 | $1.01 Million | -48.92% |
| 2014-06-30 | $1.97 Million | +61.64% |
| 2013-06-30 | $1.22 Million | -71.27% |
| 2012-06-30 | $4.25 Million | -66.72% |
| 2011-06-30 | $12.76 Million | +345.76% |
| 2010-06-30 | $2.86 Million | -13.97% |
| 2009-06-30 | $3.33 Million | -- |