Velocity Minerals Ltd
Velocity Minerals Ltd. engages in the acquiring, exploring, and evaluating mineral resource properties in Bulgaria and Greece. It explores for gold, silver, and copper deposits. Velocity Minerals Ltd. is headquartered in Vancouver, Canada.
Velocity Minerals Ltd (VLCJF) - Total Assets
Latest total assets as of September 2025: $52.73 Million USD
Based on the latest financial reports, Velocity Minerals Ltd (VLCJF) holds total assets worth $52.73 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.
Velocity Minerals Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Velocity Minerals Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Velocity Minerals Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Velocity Minerals Ltd's total assets of $52.73 Million consist of 5.0% current assets and 95.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.4% |
| Accounts Receivable | $15.69K | 0.1% |
| 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 (2013–2024)
This chart illustrates how Velocity Minerals Ltd'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: Velocity Minerals Ltd's current assets represent 5.0% of total assets in 2024, an increase from 3.2% in 2013.
- Cash Position: Cash and equivalents constituted 4.4% of total assets in 2024, up from 0.9% 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 accounts receivable at 0.1% of total assets.
Velocity Minerals Ltd Competitors by Total Assets
Key competitors of Velocity Minerals Ltd 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 |
Velocity Minerals Ltd - 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 - Velocity Minerals Ltd 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 - Velocity Minerals Ltd is currently not profitable relative to its asset base.
Velocity Minerals Ltd - 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 | 0.94 | 2.88 | 11.78 |
| Quick Ratio | 0.94 | 2.88 | 11.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-230.14K | $ 1.02 Million | $ 10.03 Million |
Velocity Minerals Ltd - Advanced Valuation Insights
This section examines the relationship between Velocity Minerals Ltd'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 | 1.81 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | -5.0% |
| Total Assets | $28.37 Million |
| Market Capitalization | $12.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Velocity Minerals Ltd's assets below their book value (0.42 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Velocity Minerals Ltd's assets decreased by 5.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Velocity Minerals Ltd (2013–2024)
The table below shows the annual total assets of Velocity Minerals Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $28.37 Million | -5.02% |
| 2023-12-31 | $29.86 Million | +12.66% |
| 2022-12-31 | $26.51 Million | -6.93% |
| 2021-12-31 | $28.48 Million | -1.83% |
| 2020-12-31 | $29.01 Million | +106.85% |
| 2019-12-31 | $14.03 Million | +301.32% |
| 2018-12-31 | $3.49 Million | +114.39% |
| 2016-12-31 | $1.63 Million | +50149.23% |
| 2015-12-31 | $3.24K | -89.91% |
| 2014-12-31 | $32.16K | -93.31% |
| 2013-12-31 | $481.05K | -- |