Elemental Royalties Corp
Elemental Royalty Corporation engages in the acquisition and generation of precious metal royalties. The company holds royalties in gold, silver, and copper projects. It operates in North America; South America; Australia; Africa; and internationally. The company was formerly known as Elemental Altus Royalties Corp. and changed its name to Elemental Royalty Corporation in November 2025. The compa… Read more
Elemental Royalties Corp (ELEMF) - Total Assets
Latest total assets as of September 2025: $209.57 Million USD
Based on the latest financial reports, Elemental Royalties Corp (ELEMF) holds total assets worth $209.57 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.
Elemental Royalties Corp - Total Assets Trend (2019–2024)
This chart illustrates how Elemental Royalties Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Elemental Royalties Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Elemental Royalties Corp's total assets of $209.57 Million consist of 10.3% current assets and 89.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.2% |
| Accounts Receivable | $11.21 Million | 5.5% |
| 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 (2019–2024)
This chart illustrates how Elemental Royalties 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: Elemental Royalties Corp's current assets represent 10.3% of total assets in 2024, a decrease from 19.6% in 2019.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2024, down from 12.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 5.5% of total assets.
Elemental Royalties Corp Competitors by Total Assets
Key competitors of Elemental Royalties Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Elemental Royalties 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
Lower asset utilization - Elemental Royalties Corp generates 0.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Elemental Royalties Corp is currently not profitable relative to its asset base.
Elemental Royalties 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 | 10.33 | 8.95 | 10.69 |
| Quick Ratio | 10.33 | 8.95 | 10.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $21.38 Million | $ 18.77 Million | $ 11.00 Million |
Elemental Royalties Corp - Advanced Valuation Insights
This section examines the relationship between Elemental Royalties 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 | 5.96 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 8.1% |
| Total Assets | $204.17 Million |
| Market Capitalization | $2.79 Million USD |
Valuation Analysis
Below Book Valuation: The market values Elemental Royalties Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Elemental Royalties Corp's assets grew by 8.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Elemental Royalties Corp (2019–2024)
The table below shows the annual total assets of Elemental Royalties Corp from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $204.17 Million | +8.07% |
| 2023-12-31 | $188.92 Million | +1.61% |
| 2022-12-31 | $185.93 Million | +143.06% |
| 2021-12-31 | $76.50 Million | +172.76% |
| 2020-12-31 | $28.04 Million | +320.69% |
| 2019-12-31 | $6.67 Million | -- |