Orefinders Resources Inc
Orecap Invest Corp. engages in the investment in the natural resources sector. The company invests in precious and critical metal assets and businesses. It owns a portfolio of land packages that focus on gold, copper, and zinc. The company owns 100% interests in McGarry Project tenure located in Virginia town, Ontario. The company was formerly known as Orefinders Resources Inc. and changed its na… Read more
Orefinders Resources Inc (ORFDF) - Total Assets
Latest total assets as of April 2025: $16.11 Million USD
Based on the latest financial reports, Orefinders Resources Inc (ORFDF) holds total assets worth $16.11 Million USD as of April 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.
Orefinders Resources Inc - Total Assets Trend (2014–2024)
This chart illustrates how Orefinders Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Orefinders Resources Inc - Asset Composition Analysis
Current Asset Composition (October 2024)
Orefinders Resources Inc's total assets of $16.11 Million consist of 99.8% current assets and 0.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.2% |
| Accounts Receivable | $66.14K | 0.4% |
| 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 Orefinders Resources 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: Orefinders Resources Inc's current assets represent 99.8% of total assets in 2024, an increase from 9.1% in 2014.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2024, up from 1.1% 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 accounts receivable at 0.4% of total assets.
Orefinders Resources Inc Competitors by Total Assets
Key competitors of Orefinders Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Orefinders Resources 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 - Orefinders Resources 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
Excellent ROA - For every $100 in assets, Orefinders Resources Inc generates $ 57.69 in net profit.
Orefinders Resources 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 | 20.98 | 5.49 | 2.30 |
| Quick Ratio | 20.98 | 5.49 | 2.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $15.32 Million | $ 15.93 Million | $ 1.13 Million |
Orefinders Resources Inc - Advanced Valuation Insights
This section examines the relationship between Orefinders Resources 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 | 1.91 |
| Latest Market Cap to Assets Ratio | 0.61 |
| Asset Growth Rate (YoY) | 181.7% |
| Total Assets | $16.73 Million |
| Market Capitalization | $10.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Orefinders Resources Inc's assets below their book value (0.61 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Orefinders Resources Inc's assets grew by 181.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Orefinders Resources Inc (2014–2024)
The table below shows the annual total assets of Orefinders Resources Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | $16.73 Million | +181.75% |
| 2023-10-31 | $5.94 Million | -36.76% |
| 2022-10-31 | $9.39 Million | -18.07% |
| 2021-10-31 | $11.46 Million | +18.53% |
| 2020-10-31 | $9.67 Million | +389.99% |
| 2019-10-31 | $1.97 Million | -79.69% |
| 2018-10-31 | $9.71 Million | +36.35% |
| 2017-10-31 | $7.12 Million | -25.13% |
| 2016-10-31 | $9.52 Million | +13.86% |
| 2015-10-31 | $8.36 Million | -1.61% |
| 2014-10-31 | $8.49 Million | -- |