Rover Metals Corp
Rover Critical Minerals Corp., a junior mining company, engages in the acquisition, exploitation, exploration, evaluation, and development of mineral properties in North America. It primarily explores for lithium, gold, silver, and copper deposits. The company holds 100% interests in the Cabin Gold project, a gold-in-iron formation property covering an area of approximately 1,503 hectares located… Read more
Rover Metals Corp (ROVMF) - Total Assets
Latest total assets as of September 2024: $5.24 Million USD
Based on the latest financial reports, Rover Metals Corp (ROVMF) holds total assets worth $5.24 Million USD as of September 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.
Rover Metals Corp - Total Assets Trend (2015–2023)
This chart illustrates how Rover Metals Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rover Metals Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Rover Metals Corp's total assets of $5.24 Million consist of 5.9% current assets and 94.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.9% |
| 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 (2015–2023)
This chart illustrates how Rover 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: Rover Metals Corp's current assets represent 5.9% of total assets in 2023, a decrease from 100.0% in 2015.
- Cash Position: Cash and equivalents constituted 3.9% of total assets in 2023, down from 90.2% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Rover Metals Corp Competitors by Total Assets
Key competitors of Rover Metals Corp 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 |
Rover 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 - Rover 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 - Rover Metals Corp is currently not profitable relative to its asset base.
Rover 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 | 0.16 | 2.29 | 1.42 |
| Quick Ratio | 0.16 | 2.29 | 1.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-577.14K | $ 333.14K | $ 70.55K |
Rover Metals Corp - Advanced Valuation Insights
This section examines the relationship between Rover 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 | 0.22 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | 0.5% |
| Total Assets | $5.11 Million |
| Market Capitalization | $708.42K USD |
Valuation Analysis
Below Book Valuation: The market values Rover Metals Corp's assets below their book value (0.14 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Rover Metals Corp's assets grew by 0.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Rover Metals Corp (2015–2023)
The table below shows the annual total assets of Rover Metals Corp from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $5.11 Million | +0.51% |
| 2022-12-31 | $5.08 Million | +15.00% |
| 2021-12-31 | $4.42 Million | +130.90% |
| 2020-12-31 | $1.91 Million | +82.28% |
| 2019-12-31 | $1.05 Million | -25.55% |
| 2018-12-31 | $1.41 Million | +1392.61% |
| 2017-12-31 | $94.52K | -32.67% |
| 2016-12-31 | $140.39K | +1291.95% |
| 2015-12-31 | $10.09K | -- |