Filo Mining Corp
Filo Corp., together with its subsidiaries, engages in the identification, acquisition, exploration, evaluation, and development of mineral properties in Chile and Argentina. Its flagship property is the 100% owned Filo del Sol copper-gold-silver deposit located in the San Juan province of Argentina and the adjacent Atacama Region of Northern Chile. The company was formerly known as Filo Mining C… Read more
Filo Mining Corp (FLMMF) - Total Assets
Latest total assets as of September 2024: $114.97 Million USD
Based on the latest financial reports, Filo Mining Corp (FLMMF) holds total assets worth $114.97 Million USD as of September 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.
Filo Mining Corp - Total Assets Trend (2015–2023)
This chart illustrates how Filo Mining Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Filo Mining Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Filo Mining Corp's total assets of $114.97 Million consist of 88.0% current assets and 12.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 86.9% |
| 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 (2015–2023)
This chart illustrates how Filo Mining 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: Filo Mining Corp's current assets represent 88.0% of total assets in 2023, an increase from 6.4% in 2015.
- Cash Position: Cash and equivalents constituted 86.9% of total assets in 2023, up from 4.3% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Filo Mining Corp Competitors by Total Assets
Key competitors of Filo Mining Corp 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 |
Filo Mining 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 - Filo Mining Corp 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 - Filo Mining Corp is currently not profitable relative to its asset base.
Filo Mining 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 | 6.47 | 8.78 | 4.52 |
| Quick Ratio | 6.47 | 8.78 | 4.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $85.53 Million | $ 88.00 Million | $ 12.74 Million |
Filo Mining Corp - Advanced Valuation Insights
This section examines the relationship between Filo Mining 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 | 30.10 |
| Latest Market Cap to Assets Ratio | 22.07 |
| Asset Growth Rate (YoY) | 9.1% |
| Total Assets | $93.77 Million |
| Market Capitalization | $2.07 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Filo Mining Corp's assets at a significant premium ( 22.07x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Filo Mining Corp's assets grew by 9.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Filo Mining Corp (2015–2023)
The table below shows the annual total assets of Filo Mining Corp from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $93.77 Million | +9.08% |
| 2022-12-31 | $85.96 Million | +180.38% |
| 2021-12-31 | $30.66 Million | -35.67% |
| 2020-12-31 | $47.66 Million | +100.68% |
| 2019-12-31 | $23.75 Million | +98.95% |
| 2018-12-31 | $11.94 Million | +17.12% |
| 2017-12-31 | $10.19 Million | -61.02% |
| 2016-12-31 | $26.15 Million | +311.54% |
| 2015-12-31 | $6.35 Million | -- |