Corsa Coal Corp
Corsa Coal Corp. mines, processes, and sells metallurgical coal in the Asia, North America, South America, and Europe. The company is involved in the exploring, acquiring, and developing coal resource properties. Its flagship mine is the Casselman Mine property with approximately 6.2 million tons of clean coking coal located in the Maryland, United States. It produces thermal coal. The company se… Read more
Corsa Coal Corp (CRSXF) - Total Assets
Latest total assets as of June 2024: $179.25 Million USD
Based on the latest financial reports, Corsa Coal Corp (CRSXF) holds total assets worth $179.25 Million USD as of June 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.
Corsa Coal Corp - Total Assets Trend (2012–2023)
This chart illustrates how Corsa Coal Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Corsa Coal Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Corsa Coal Corp's total assets of $179.25 Million consist of 18.8% current assets and 81.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.9% |
| Accounts Receivable | $14.04 Million | 7.3% |
| Inventory | $7.45 Million | 3.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2023)
This chart illustrates how Corsa Coal 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: Corsa Coal Corp's current assets represent 18.8% of total assets in 2023, an increase from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 5.9% of total assets in 2023, down from 9.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 7.3% of total assets.
Corsa Coal Corp Competitors by Total Assets
Key competitors of Corsa Coal Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Jinling Mining Co Ltd
SHE:000655
|
China | CN¥4.04 Billion |
|
Shanxi Meijin Energy Co Ltd
SHE:000723
|
China | CN¥44.36 Billion |
|
5R02
F:5R02
|
Germany | €849.65 Million |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
China | CN¥800.48 Million |
|
Shanxi Antai Group Co Ltd
SHG:600408
|
China | CN¥4.36 Billion |
|
Fujian Oriental Silver Star Investment Co Ltd
SHG:600753
|
China | CN¥282.76 Million |
|
Yunnan Coal & Energy Co Ltd
SHG:600792
|
China | CN¥8.59 Billion |
|
Kailuan Energy Chemical Co Ltd
SHG:600997
|
China | CN¥26.44 Billion |
Corsa Coal 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
Strong asset utilization - Corsa Coal Corp generates 1.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Corsa Coal Corp generates $ 12.31 in net profit.
Corsa Coal 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 | 0.70 | 0.99 | 1.26 |
| Quick Ratio | 0.41 | 0.67 | 0.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-10.93 Million | $ -191.00K | $ 10.36 Million |
Corsa Coal Corp - Advanced Valuation Insights
This section examines the relationship between Corsa Coal 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 | 0.25 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -0.7% |
| Total Assets | $191.28 Million |
| Market Capitalization | $13.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values Corsa Coal Corp's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Corsa Coal Corp's assets decreased by 0.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Corsa Coal Corp (2012–2023)
The table below shows the annual total assets of Corsa Coal Corp from 2012 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $191.28 Million | -0.70% |
| 2022-12-31 | $192.64 Million | -10.61% |
| 2021-12-31 | $215.50 Million | +2.54% |
| 2020-12-31 | $210.15 Million | -21.97% |
| 2019-12-31 | $269.33 Million | -4.93% |
| 2018-12-31 | $283.30 Million | -7.88% |
| 2017-12-31 | $307.53 Million | +53.02% |
| 2016-12-31 | $200.97 Million | -0.93% |
| 2015-12-31 | $202.86 Million | -44.26% |
| 2014-12-31 | $363.95 Million | +79.53% |
| 2013-12-31 | $202.72 Million | +267.47% |
| 2012-12-31 | $55.17 Million | -- |