Texas Rare Earth Resources Corp
Texas Mineral Resources Corp. acquires, explores, and develops mineral properties in the United States. Its flagship project is the Round Top rare earths project covering an area of 950 acres and prospecting permits covering 9,345 acres located in Hudspeth County, Texas. The company was formerly known as Texas Rare Earth Resources Corp. and changed its name to Texas Mineral Resources Corp. in Mar… Read more
Texas Rare Earth Resources Corp (TMRC) - Total Assets
Latest total assets as of November 2025: $1.68 Million USD
Based on the latest financial reports, Texas Rare Earth Resources Corp (TMRC) holds total assets worth $1.68 Million USD as of November 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.
Texas Rare Earth Resources Corp - Total Assets Trend (2013–2025)
This chart illustrates how Texas Rare Earth Resources Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Texas Rare Earth Resources Corp - Asset Composition Analysis
Current Asset Composition (August 2025)
Texas Rare Earth Resources Corp's total assets of $1.68 Million consist of 54.4% current assets and 45.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 50.8% |
| 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 (2013–2025)
This chart illustrates how Texas Rare Earth Resources 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: Texas Rare Earth Resources Corp's current assets represent 54.4% of total assets in 2025, an increase from 0.0% in 2013.
- Cash Position: Cash and equivalents constituted 50.8% of total assets in 2025, down from 53.8% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Texas Rare Earth Resources Corp Competitors by Total Assets
Key competitors of Texas Rare Earth Resources Corp 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 |
Texas Rare Earth Resources 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 - Texas Rare Earth Resources 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 - Texas Rare Earth Resources Corp is currently not profitable relative to its asset base.
Texas Rare Earth Resources 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 | 6.67 | 4.07 | 2.82 |
| Quick Ratio | 6.67 | 4.07 | 2.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $977.62K | $ 217.76K | $ 1.48 Million |
Texas Rare Earth Resources Corp - Advanced Valuation Insights
This section examines the relationship between Texas Rare Earth Resources 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 | 51.17 |
| Latest Market Cap to Assets Ratio | 24.27 |
| Asset Growth Rate (YoY) | 28.1% |
| Total Assets | $1.16 Million |
| Market Capitalization | $28.19 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Texas Rare Earth Resources Corp's assets at a significant premium ( 24.27x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Texas Rare Earth Resources Corp's assets grew by 28.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Texas Rare Earth Resources Corp (2013–2025)
The table below shows the annual total assets of Texas Rare Earth Resources Corp from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | $1.16 Million | +28.10% |
| 2024-08-31 | $906.49K | -40.93% |
| 2023-08-31 | $1.53 Million | -50.24% |
| 2022-08-31 | $3.08 Million | -42.94% |
| 2021-08-31 | $5.40 Million | +64.21% |
| 2020-08-31 | $3.29 Million | +50.76% |
| 2019-08-31 | $2.18 Million | +455.31% |
| 2018-08-31 | $393.16K | -0.66% |
| 2017-08-31 | $395.76K | -78.14% |
| 2016-08-31 | $1.81 Million | -1.91% |
| 2015-08-31 | $1.85 Million | -19.58% |
| 2014-08-31 | $2.30 Million | -48.00% |
| 2013-08-31 | $4.41 Million | -- |