Monarch Mining Corporation
Monarch Mining Corporation, a gold mining company, engages in the exploration and development of mining properties in Canada. It owns 143 square kilometers of mining assets, including the Beaufor mine, McKenzie property, Swanson property, and Beacon Mill. The company was incorporated in 2020 and is headquartered in Saint-Sauveur, Canada.
Monarch Mining Corporation (GBARF) - Total Assets
Latest total assets as of September 2023: $39.37 Million USD
Based on the latest financial reports, Monarch Mining Corporation (GBARF) holds total assets worth $39.37 Million USD as of September 2023.
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.
Monarch Mining Corporation - Total Assets Trend (2021–2023)
This chart illustrates how Monarch Mining Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Monarch Mining Corporation - Asset Composition Analysis
Current Asset Composition (June 2023)
Monarch Mining Corporation's total assets of $39.37 Million consist of 17.6% current assets and 82.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.5% |
| Accounts Receivable | $75.30K | 0.2% |
| Inventory | $785.76K | 1.7% |
| Property, Plant & Equipment | $36.43 Million | 79.8% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how Monarch Mining Corporation'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: Monarch Mining Corporation's current assets represent 17.6% of total assets in 2023, a decrease from 35.3% in 2021.
- Cash Position: Cash and equivalents constituted 0.5% of total assets in 2023, down from 31.8% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is property, plant & equipment at 79.8% of total assets.
Monarch Mining Corporation Competitors by Total Assets
Key competitors of Monarch Mining Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Monarch Mining Corporation - 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 - Monarch Mining Corporation generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Monarch Mining Corporation is currently not profitable relative to its asset base.
Monarch Mining Corporation - 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 | 0.09 | 0.25 | 2.68 |
| Quick Ratio | 0.06 | 0.18 | 2.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-21.19 Million | $ -22.31 Million | $ 2.97 Million |
Monarch Mining Corporation - Advanced Valuation Insights
This section examines the relationship between Monarch Mining Corporation'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 | 0.14 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -51.4% |
| Total Assets | $45.68 Million |
| Market Capitalization | $748.95K USD |
Valuation Analysis
Below Book Valuation: The market values Monarch Mining Corporation's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Monarch Mining Corporation's assets decreased by 51.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Monarch Mining Corporation (2021–2023)
The table below shows the annual total assets of Monarch Mining Corporation from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | $45.68 Million | -51.35% |
| 2022-06-30 | $93.90 Million | +45.74% |
| 2021-06-30 | $64.42 Million | -- |