Troy Minerals Inc.
Troy Minerals Inc., a mineral exploration company, engages in the identification, acquisition, evaluation, and exploration of mineral properties. The company explores for vanadium, titanium, gold, iron ore, silica, and rare earth mineral deposits. Troy Minerals Inc. was incorporated in 2018 and is based in Vancouver, Canada.
Troy Minerals Inc. (TROYF) - Total Assets
Latest total assets as of August 2025: $7.34 Million USD
Based on the latest financial reports, Troy Minerals Inc. (TROYF) holds total assets worth $7.34 Million USD as of August 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.
Troy Minerals Inc. - Total Assets Trend (2022–2024)
This chart illustrates how Troy Minerals Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Troy Minerals Inc. - Asset Composition Analysis
Current Asset Composition (May 2024)
Troy Minerals Inc.'s total assets of $7.34 Million consist of 70.3% current assets and 29.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 65.5% |
| 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 (2022–2024)
This chart illustrates how Troy Minerals 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: Troy Minerals Inc.'s current assets represent 70.3% of total assets in 2024, a decrease from 95.5% in 2022.
- Cash Position: Cash and equivalents constituted 65.5% of total assets in 2024, down from 95.4% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Troy Minerals Inc. Competitors by Total Assets
Key competitors of Troy Minerals 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 |
Troy Minerals 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 - Troy Minerals 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 - Troy Minerals Inc. is currently not profitable relative to its asset base.
Troy Minerals 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 | 7.76 | 5.40 | 9.66 |
| Quick Ratio | 7.76 | 5.40 | 9.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.73 Million | $ 2.59 Million | $ 485.11K |
Troy Minerals Inc. - Advanced Valuation Insights
This section examines the relationship between Troy Minerals 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 | 1.71 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 466.9% |
| Total Assets | $3.60 Million |
| Market Capitalization | $808.97 USD |
Valuation Analysis
Below Book Valuation: The market values Troy Minerals Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Troy Minerals Inc.'s assets grew by 466.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Troy Minerals Inc. (2022–2024)
The table below shows the annual total assets of Troy Minerals Inc. from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-05-31 | $3.60 Million | +466.95% |
| 2023-05-31 | $635.47K | -1.03% |
| 2022-05-31 | $642.05K | -- |