Elevate Uranium Ltd
Elevate Uranium Ltd engages in the exploration and evaluation of uranium deposits in Namibia and Australia. Its flagship project is the 100% owned Koppies project located in the Namib Desert region, Namibia. The company was formerly known as Marenica Energy Limited and changed its name to Elevate Uranium Ltd in May 2021. Elevate Uranium Ltd was incorporated in 1978 and is based in West Perth, Aus… Read more
Elevate Uranium Ltd (ELVUF) - Total Assets
Latest total assets as of June 2024: $13.26 Million USD
Based on the latest financial reports, Elevate Uranium Ltd (ELVUF) holds total assets worth $13.26 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.
Elevate Uranium Ltd - Total Assets Trend (2018–2024)
This chart illustrates how Elevate Uranium Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Elevate Uranium Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Elevate Uranium Ltd's total assets of $13.26 Million consist of 82.4% current assets and 17.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 81.7% |
| Accounts Receivable | $0.00 | 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 (2018–2024)
This chart illustrates how Elevate Uranium 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: Elevate Uranium Ltd's current assets represent 82.4% of total assets in 2024, a decrease from 98.5% in 2018.
- Cash Position: Cash and equivalents constituted 81.7% of total assets in 2024, down from 97.1% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Elevate Uranium Ltd Competitors by Total Assets
Key competitors of Elevate Uranium Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Basin Energy Ltd
AU:BSN
|
Australia | AU$11.13 Million |
|
China National Uranium Co Ltd
SHE:001280
|
China | CN¥27.86 Billion |
|
Aurora Energy Metals Ltd
AU:1AE
|
Australia | AU$2.16 Million |
|
Adavale Resources Ltd
AU:ADD
|
Australia | AU$286.52K |
|
Anfield Energy Inc.
NASDAQ:AEC
|
USA | $87.89 Million |
|
Aura Energy Ltd
AU:AEE
|
Australia | AU$63.19 Million |
|
AEMLF
PINK:AEMLF
|
USA | $2.27 Million |
|
Atomic Eagle Limited
AU:AEU
|
Australia | AU$12.82 Million |
Elevate Uranium 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 - Elevate Uranium 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 - Elevate Uranium Ltd is currently not profitable relative to its asset base.
Elevate Uranium 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 | 7.58 | 10.69 | 12.33 |
| Quick Ratio | 7.58 | 10.69 | 12.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.48 Million | $ 9.19 Million | $ 4.45 Million |
Elevate Uranium Ltd - Advanced Valuation Insights
This section examines the relationship between Elevate Uranium 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 | 6.01 |
| Latest Market Cap to Assets Ratio | 4.64 |
| Asset Growth Rate (YoY) | 5.7% |
| Total Assets | $13.26 Million |
| Market Capitalization | $61.46 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Elevate Uranium Ltd's assets at a significant premium ( 4.64x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Elevate Uranium Ltd's assets grew by 5.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Elevate Uranium Ltd (2018–2024)
The table below shows the annual total assets of Elevate Uranium Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $13.26 Million | +5.75% |
| 2023-06-30 | $12.54 Million | -35.14% |
| 2022-06-30 | $19.33 Million | +94.16% |
| 2021-06-30 | $9.96 Million | +128.40% |
| 2020-06-30 | $4.36 Million | +445.55% |
| 2019-06-30 | $799.06K | -8.50% |
| 2018-06-30 | $873.25K | -- |