Secova Metals Corp
ESGold Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold and silver deposits. The company primarily holds a 100% interest in the Eagle River project that includes various claims located in the Windfall Lake gold district, Quebec. It also holds interest in the Montauban project located in the… Read more
Secova Metals Corp (SEKZF) - Total Assets
Latest total assets as of March 2025: $9.79 Million USD
Based on the latest financial reports, Secova Metals Corp (SEKZF) holds total assets worth $9.79 Million USD as of March 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.
Secova Metals Corp - Total Assets Trend (2005–2024)
This chart illustrates how Secova Metals Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Secova Metals Corp - Asset Composition Analysis
Current Asset Composition (June 2024)
Secova Metals Corp's total assets of $9.79 Million consist of 2.1% current assets and 97.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.9% |
| Accounts Receivable | $1.22K | 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 (2005–2024)
This chart illustrates how Secova 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: Secova Metals Corp's current assets represent 2.1% of total assets in 2024, a decrease from 43.4% in 2005.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2024, down from 40.4% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.
Secova Metals Corp Competitors by Total Assets
Key competitors of Secova Metals Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Secova 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 - Secova 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 - Secova Metals Corp is currently not profitable relative to its asset base.
Secova 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 | 2.10 | 0.02 | 0.05 |
| Quick Ratio | 2.10 | 0.02 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.44 Million | $ -1.32 Million | $ -724.39K |
Secova Metals Corp - Advanced Valuation Insights
This section examines the relationship between Secova 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 | 11.29 |
| Latest Market Cap to Assets Ratio | 1.53 |
| Asset Growth Rate (YoY) | -21.9% |
| Total Assets | $7.11 Million |
| Market Capitalization | $10.85 Million USD |
Valuation Analysis
Above Book Valuation: The market values Secova Metals Corp's assets above their book value (1.53 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Secova Metals Corp's assets decreased by 21.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Secova Metals Corp (2005–2024)
The table below shows the annual total assets of Secova Metals Corp from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $7.11 Million | -21.86% |
| 2023-06-30 | $9.10 Million | +3.87% |
| 2022-06-30 | $8.77 Million | +177.36% |
| 2021-06-30 | $3.16 Million | +26.30% |
| 2020-06-30 | $2.50 Million | -3.83% |
| 2019-06-30 | $2.60 Million | -52.69% |
| 2018-06-30 | $5.50 Million | +8.24% |
| 2017-06-30 | $5.08 Million | +462.15% |
| 2016-06-30 | $903.79K | +567.80% |
| 2015-06-30 | $135.34K | -61.11% |
| 2014-06-30 | $347.96K | -6.88% |
| 2013-06-30 | $373.69K | -20.71% |
| 2012-06-30 | $471.32K | -64.77% |
| 2011-06-30 | $1.34 Million | -28.02% |
| 2010-06-30 | $1.86 Million | -41.45% |
| 2009-06-30 | $3.17 Million | +77.36% |
| 2008-06-30 | $1.79 Million | -67.24% |
| 2007-06-30 | $5.46 Million | +28.13% |
| 2006-06-30 | $4.26 Million | +705.47% |
| 2005-06-30 | $529.44K | -- |