Traction Uranium Corp.
Traction Uranium Corp. engages in the acquisition, exploration, and evaluation of resource properties in Canada. It explores for uranium, rare earths, nickel, and cobalt deposits. It holds an option agreement to acquire 70% interest in the Hearty Bay property and Lazy Edward property located in Saskatchewan; 75% interest to acquire the Key Lake South property consisting of 1,794 hectares located … Read more
Traction Uranium Corp. (TRCTD) - Total Assets
Latest total assets as of March 2024: $4.09 Million USD
Based on the latest financial reports, Traction Uranium Corp. (TRCTD) holds total assets worth $4.09 Million USD as of March 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.
Traction Uranium Corp. - Total Assets Trend (2020–2023)
This chart illustrates how Traction Uranium Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Traction Uranium Corp. - Asset Composition Analysis
Current Asset Composition (September 2023)
Traction Uranium Corp.'s total assets of $4.09 Million consist of 46.3% current assets and 53.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 35.1% |
| Accounts Receivable | $371.76K | 7.0% |
| 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 (2020–2023)
This chart illustrates how Traction Uranium 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: Traction Uranium Corp.'s current assets represent 46.3% of total assets in 2023, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 35.1% of total assets in 2023, down from 83.2% 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 accounts receivable at 7.0% of total assets.
Traction Uranium Corp. Competitors by Total Assets
Key competitors of Traction Uranium 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 |
Traction Uranium 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 - Traction Uranium 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 - Traction Uranium Corp. is currently not profitable relative to its asset base.
Traction Uranium 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 | 16.63 | 13.77 | 13.77 |
| Quick Ratio | 16.63 | 13.77 | 13.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.09 Million | $ 2.15 Million | $ 2.15 Million |
Traction Uranium Corp. - Advanced Valuation Insights
This section examines the relationship between Traction Uranium 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 37.9% |
| Total Assets | $5.30 Million |
| Market Capitalization | $2.11K USD |
Valuation Analysis
Below Book Valuation: The market values Traction Uranium Corp.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Traction Uranium Corp.'s assets grew by 37.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Traction Uranium Corp. (2020–2023)
The table below shows the annual total assets of Traction Uranium Corp. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $5.30 Million | +37.93% |
| 2022-09-30 | $3.84 Million | +462.35% |
| 2021-09-30 | $683.10K | +182.32% |
| 2020-09-30 | $241.96K | -- |