O3 Mining Inc
O3 Mining Inc. engages in the acquisition, exploration, and development of precious metal resource properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Marban Alliance property with 65 mining claims covering 2,189 hectares located in the western portion of the province of Québec, Canada. The company is headquartered in Toronto, Canada. As of March 1… Read more
O3 Mining Inc (OIIIF) - Total Assets
Latest total assets as of September 2024: $272.14 Million USD
Based on the latest financial reports, O3 Mining Inc (OIIIF) holds total assets worth $272.14 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.
O3 Mining Inc - Total Assets Trend (2017–2023)
This chart illustrates how O3 Mining Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
O3 Mining Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
O3 Mining Inc's total assets of $272.14 Million consist of 12.1% current assets and 87.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.0% |
| 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 (2017–2023)
This chart illustrates how O3 Mining Inc'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: O3 Mining Inc's current assets represent 12.1% of total assets in 2023, a decrease from 67842.3% in 2017.
- Cash Position: Cash and equivalents constituted 9.0% of total assets in 2023, down from 27.3% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
O3 Mining Inc Competitors by Total Assets
Key competitors of O3 Mining Inc 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 |
O3 Mining Inc - 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 - O3 Mining Inc 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 - O3 Mining Inc is currently not profitable relative to its asset base.
O3 Mining Inc - 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 | 13.27 | 4.81 | 9.27 |
| Quick Ratio | 13.27 | 4.81 | 9.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $45.50 Million | $ 16.16 Million | $ 27.38 Million |
O3 Mining Inc - Advanced Valuation Insights
This section examines the relationship between O3 Mining Inc'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 | 0.82 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | -2.8% |
| Total Assets | $261.89 Million |
| Market Capitalization | $64.22 Million USD |
Valuation Analysis
Below Book Valuation: The market values O3 Mining Inc's assets below their book value (0.25 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: O3 Mining Inc's assets decreased by 2.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for O3 Mining Inc (2017–2023)
The table below shows the annual total assets of O3 Mining Inc from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $261.89 Million | -2.84% |
| 2022-12-31 | $269.54 Million | +2.88% |
| 2021-12-31 | $261.99 Million | +24.13% |
| 2020-12-31 | $211.05 Million | +25.59% |
| 2019-12-31 | $168.04 Million | +162239.39% |
| 2018-12-31 | $103.51K | +211.77% |
| 2017-12-31 | $33.20K | -- |