Nevada Exploration Inc
URZ3 Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. It primarily explores in gold. The company holds 100% interest in the 35,467-mineral claims in Saskatchewan. URZ3 Energy Corp. is based in Vancouver, Canada.
Nevada Exploration Inc (NVDEF) - Total Assets
Latest total assets as of October 2024: $954.33K USD
Based on the latest financial reports, Nevada Exploration Inc (NVDEF) holds total assets worth $954.33K USD as of October 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.
Nevada Exploration Inc - Total Assets Trend (2014–2024)
This chart illustrates how Nevada Exploration Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nevada Exploration Inc - Asset Composition Analysis
Current Asset Composition (April 2024)
Nevada Exploration Inc's total assets of $954.33K consist of 79.5% current assets and 20.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 72.3% |
| 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 (2014–2024)
This chart illustrates how Nevada 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: Nevada Exploration Inc's current assets represent 79.5% of total assets in 2024, an increase from 1.0% in 2014.
- Cash Position: Cash and equivalents constituted 72.3% of total assets in 2024, up from 0.5% 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.
Nevada Exploration Inc Competitors by Total Assets
Key competitors of Nevada Exploration Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Nevada 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 - Nevada 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 - Nevada Exploration Inc is currently not profitable relative to its asset base.
Nevada 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 | 1.88 | 0.51 | 3.67 |
| Quick Ratio | 1.88 | 0.51 | 3.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $406.37K | $ -230.00K | $ 378.33K |
Nevada Exploration Inc - Advanced Valuation Insights
This section examines the relationship between Nevada 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 | 9.06 |
| Latest Market Cap to Assets Ratio | 4.63 |
| Asset Growth Rate (YoY) | 85.0% |
| Total Assets | $425.44K |
| Market Capitalization | $1.97 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Nevada Exploration Inc's assets at a significant premium ( 4.63x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Nevada Exploration Inc's assets grew by 85.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nevada Exploration Inc (2014–2024)
The table below shows the annual total assets of Nevada Exploration Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-04-30 | $425.44K | +85.02% |
| 2023-04-30 | $229.95K | -91.05% |
| 2022-04-30 | $2.57 Million | +55.70% |
| 2021-04-30 | $1.65 Million | +267.89% |
| 2020-04-30 | $448.51K | -79.30% |
| 2019-04-30 | $2.17 Million | +202.88% |
| 2018-04-30 | $715.42K | -29.00% |
| 2017-04-30 | $1.01 Million | +396.61% |
| 2016-04-30 | $202.90K | -5.59% |
| 2015-04-30 | $214.91K | -95.37% |
| 2014-04-30 | $4.64 Million | -- |