Azimut Exploration Inc

OTCQX:AZMTF USA Other Industrial Metals & Mining
Market Cap
$34.25 Million
Market Cap Rank
#23826 Global
#8289 in USA
Share Price
$0.34
Change (1 day)
-2.86%
52-Week Range
$0.34 - $0.40
All Time High
$2.19
About

Azimut Exploration Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold, copper, nickel, antimony, and lithium. The company holds 100% interest in its flagship Elmer gold project, covering an area of 34,660 hectares located in the James Bay region. Azimut Exploration Inc. was incorporated in 1986 and is based in Longueuil, Ca… Read more

Azimut Exploration Inc (AZMTF) - Total Assets

Latest total assets as of November 2025: $64.58 Million USD

Based on the latest financial reports, Azimut Exploration Inc (AZMTF) holds total assets worth $64.58 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.

Azimut Exploration Inc - Total Assets Trend (2007–2025)

This chart illustrates how Azimut Exploration Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Azimut Exploration Inc - Asset Composition Analysis

Current Asset Composition (August 2025)

Azimut Exploration Inc's total assets of $64.58 Million consist of 29.4% current assets and 70.6% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 20.7%
Accounts Receivable $25.90K 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 (2007–2025)

This chart illustrates how Azimut Exploration 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: Azimut Exploration Inc's current assets represent 29.4% of total assets in 2025, an increase from 0.0% in 2007.
  • Cash Position: Cash and equivalents constituted 20.7% of total assets in 2025, down from 35.9% in 2007.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
  • Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.

Azimut Exploration Inc Competitors by Total Assets

Key competitors of Azimut Exploration Inc based on total assets are shown below.

Azimut Exploration 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

Historical Range: 0.00 - 0.04

Lower asset utilization - Azimut Exploration Inc generates 0.01x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -25.53% - 2.98%

Negative ROA - Azimut Exploration Inc is currently not profitable relative to its asset base.

Azimut Exploration 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 2.83 3.17 4.51
Quick Ratio 2.83 3.17 4.51
Cash Ratio 0.00 0.00 0.00
Working Capital $7.76 Million $ 7.69 Million $ 6.82 Million

Azimut Exploration Inc - Advanced Valuation Insights

This section examines the relationship between Azimut Exploration 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 1.36
Latest Market Cap to Assets Ratio 0.44
Asset Growth Rate (YoY) 14.3%
Total Assets $65.89 Million
Market Capitalization $28.72 Million USD

Valuation Analysis

Below Book Valuation: The market values Azimut Exploration Inc's assets below their book value (0.44 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Azimut Exploration Inc's assets grew by 14.3% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Azimut Exploration Inc (2007–2025)

The table below shows the annual total assets of Azimut Exploration Inc from 2007 to 2025.

Year Total Assets Change
2025-08-31 $65.89 Million +14.26%
2024-08-31 $57.66 Million +23.55%
2023-08-31 $46.67 Million -13.90%
2022-08-31 $54.21 Million +4.52%
2021-08-31 $51.86 Million +183.30%
2020-08-31 $18.31 Million +95.45%
2019-08-31 $9.37 Million +17.52%
2018-08-31 $7.97 Million +3.77%
2017-08-31 $7.68 Million +2.13%
2016-08-31 $7.52 Million +64.42%
2015-08-31 $4.57 Million -37.37%
2014-08-31 $7.30 Million -24.26%
2013-08-31 $9.64 Million -28.33%
2012-08-31 $13.45 Million -8.70%
2011-08-31 $14.74 Million +87.64%
2010-08-31 $7.85 Million +91.25%
2009-08-31 $4.11 Million -22.29%
2008-08-31 $5.28 Million +47.89%
2007-08-31 $3.57 Million --