Trigg Minerals Limited
American Tungsten and Antimony Ltd engages in the exploration, evaluation, and development of mineral resources in Australia. The company explores for antimony, tungsten, and gold. Its flagship project is the Antimony Canyon Project located in Utah, the United States. The company was formerly known as Trigg Minerals Limited and changed its name to American Tungsten and Antimony Ltd in December 20… Read more
Trigg Minerals Limited (TMGLF) - Total Assets
Latest total assets as of June 2024: $1.74 Million USD
Based on the latest financial reports, Trigg Minerals Limited (TMGLF) holds total assets worth $1.74 Million USD as of June 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.
Trigg Minerals Limited - Total Assets Trend (2020–2024)
This chart illustrates how Trigg Minerals Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Trigg Minerals Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Trigg Minerals Limited's total assets of $1.74 Million consist of 95.0% current assets and 5.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 88.3% |
| 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 (2020–2024)
This chart illustrates how Trigg Minerals Limited'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: Trigg Minerals Limited's current assets represent 95.0% of total assets in 2024, a decrease from 97.0% in 2020.
- Cash Position: Cash and equivalents constituted 88.3% of total assets in 2024, down from 95.3% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Trigg Minerals Limited Competitors by Total Assets
Key competitors of Trigg Minerals Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Trigg Minerals Limited - 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 - Trigg Minerals Limited 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 - Trigg Minerals Limited is currently not profitable relative to its asset base.
Trigg Minerals Limited - 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 | 2.18 | 6.20 | 4.10 |
| Quick Ratio | 2.18 | 6.20 | 4.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $896.65K | $ 1.09 Million | $ 2.50 Million |
Trigg Minerals Limited - Advanced Valuation Insights
This section examines the relationship between Trigg Minerals Limited'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 | 42.34 |
| Latest Market Cap to Assets Ratio | 9.58 |
| Asset Growth Rate (YoY) | 24.8% |
| Total Assets | $1.74 Million |
| Market Capitalization | $16.72 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Trigg Minerals Limited's assets at a significant premium ( 9.58x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Trigg Minerals Limited's assets grew by 24.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Trigg Minerals Limited (2020–2024)
The table below shows the annual total assets of Trigg Minerals Limited from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $1.74 Million | +24.81% |
| 2023-06-30 | $1.40 Million | -93.71% |
| 2022-06-30 | $22.21 Million | +399.16% |
| 2021-06-30 | $4.45 Million | +130.07% |
| 2020-06-30 | $1.93 Million | -- |