Tectonic Metals Inc
Tectonic Metals Inc. engages in the acquisition, exploration, and development of mineral resources in the United States. The company primarily explores for gold deposits. It holds interests in the Tibbs project located in Fairbanks Recording District, Alaska; the Flat project situated in the Kuskokwim Mineral Belt, Alaska; and the Porterfield project located in Mt. McKinley Recording District, Al… Read more
Tectonic Metals Inc (TETOF) - Total Assets
Latest total assets as of September 2025: $22.86 Million USD
Based on the latest financial reports, Tectonic Metals Inc (TETOF) holds total assets worth $22.86 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.
Tectonic Metals Inc - Total Assets Trend (2018–2024)
This chart illustrates how Tectonic Metals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tectonic Metals Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Tectonic Metals Inc's total assets of $22.86 Million consist of 69.2% current assets and 30.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 52.2% |
| Accounts Receivable | $12.90K | 0.3% |
| 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 (2018–2024)
This chart illustrates how Tectonic Metals 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: Tectonic Metals Inc's current assets represent 69.2% of total assets in 2024, a decrease from 84.7% in 2018.
- Cash Position: Cash and equivalents constituted 52.2% of total assets in 2024, down from 81.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
Tectonic Metals Inc Competitors by Total Assets
Key competitors of Tectonic Metals 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 |
Tectonic Metals 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 - Tectonic Metals 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 - Tectonic Metals Inc is currently not profitable relative to its asset base.
Tectonic Metals 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 | 6.78 | 2.28 | 13.16 |
| Quick Ratio | 6.78 | 2.28 | 13.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $18.41 Million | $ 1.20 Million | $ 3.26 Million |
Tectonic Metals Inc - Advanced Valuation Insights
This section examines the relationship between Tectonic Metals 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 | 11.55 |
| Latest Market Cap to Assets Ratio | 0.51 |
| Asset Growth Rate (YoY) | 0.9% |
| Total Assets | $3.78 Million |
| Market Capitalization | $1.91 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tectonic Metals Inc's assets below their book value (0.51 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tectonic Metals Inc's assets grew by 0.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tectonic Metals Inc (2018–2024)
The table below shows the annual total assets of Tectonic Metals Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.78 Million | +0.90% |
| 2023-12-31 | $3.75 Million | +11.16% |
| 2022-12-31 | $3.37 Million | +76.63% |
| 2021-12-31 | $1.91 Million | -54.07% |
| 2020-12-31 | $4.15 Million | +67.90% |
| 2019-12-31 | $2.47 Million | -3.63% |
| 2018-12-31 | $2.57 Million | -- |