Wealth Minerals Ltd
Wealth Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada, Chile, Peru, and Mexico. The company primarily explores for lithium, precious metals, and copper deposits. Its flagship property comprises the 100% owned Yapuckuta project, which consists of 144 exploration concessions covering an area of approximately 46,200 hectares located in the nort… Read more
Wealth Minerals Ltd (WMLLF) - Total Assets
Latest total assets as of May 2025: $4.13 Million USD
Based on the latest financial reports, Wealth Minerals Ltd (WMLLF) holds total assets worth $4.13 Million USD as of May 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.
Wealth Minerals Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Wealth Minerals Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wealth Minerals Ltd - Asset Composition Analysis
Current Asset Composition (November 2024)
Wealth Minerals Ltd's total assets of $4.13 Million consist of 59.8% current assets and 40.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 22.8% |
| Accounts Receivable | $16.46K | 0.3% |
| 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 Wealth 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: Wealth Minerals Ltd's current assets represent 59.8% of total assets in 2024, a decrease from 98.2% in 2013.
- Cash Position: Cash and equivalents constituted 22.8% of total assets in 2024, up from 1.6% 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 0.3% of total assets.
Wealth Minerals Ltd Competitors by Total Assets
Key competitors of Wealth Minerals Ltd 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 |
Wealth 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 - Wealth 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 - Wealth Minerals Ltd is currently not profitable relative to its asset base.
Wealth 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 | 2.87 | 15.96 | 0.08 |
| Quick Ratio | 2.87 | 15.96 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $834.96K | $ 8.37 Million | $ -4.29 Million |
Wealth Minerals Ltd - Advanced Valuation Insights
This section examines the relationship between Wealth 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 | 8.92 |
| Latest Market Cap to Assets Ratio | 2.13 |
| Asset Growth Rate (YoY) | -88.8% |
| Total Assets | $6.20 Million |
| Market Capitalization | $13.19 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Wealth Minerals Ltd's assets at a significant premium ( 2.13x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Wealth Minerals Ltd's assets decreased by 88.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Wealth Minerals Ltd (2013–2024)
The table below shows the annual total assets of Wealth Minerals Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | $6.20 Million | -88.79% |
| 2023-11-30 | $55.33 Million | -0.14% |
| 2022-11-30 | $55.41 Million | +7.88% |
| 2021-11-30 | $51.36 Million | +36.54% |
| 2020-11-30 | $37.62 Million | -11.44% |
| 2019-11-30 | $42.48 Million | +2.75% |
| 2018-11-30 | $41.34 Million | +14.10% |
| 2017-11-30 | $36.23 Million | +204.16% |
| 2016-11-30 | $11.91 Million | +1832.88% |
| 2015-11-30 | $616.32K | +1423918.02% |
| 2014-11-30 | $43.28 | -99.99% |
| 2013-11-30 | $433.14K | -- |