TOLUF
Tolu Minerals Limited engages in the exploration and development of mineral properties in Papua New Guinea. The company primarily explores for gold, silver, and copper deposits. It holds interests in the Tolukuma Gold Mine project that covers an area of approximately 1,800 square kilometers located in the Goilala District of Central Province of Papua New Guinea; and the Mt. Penck exploration proj… Read more
TOLUF (TOLUF) - Total Assets
Latest total assets as of December 2024: $54.53 Million USD
Based on the latest financial reports, TOLUF (TOLUF) holds total assets worth $54.53 Million USD as of December 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.
TOLUF - Total Assets Trend (2021–2024)
This chart illustrates how TOLUF’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TOLUF - Asset Composition Analysis
Current Asset Composition (December 2024)
TOLUF's total assets of $54.53 Million consist of 35.7% current assets and 64.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 30.7% |
| Accounts Receivable | $2.22 Million | 4.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $17.93K | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how TOLUF'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: TOLUF's current assets represent 35.7% of total assets in 2024, an increase from 0.0% in 2021.
- Cash Position: Cash and equivalents constituted 30.7% of total assets in 2024, up from 0.0% 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 accounts receivable at 4.1% of total assets.
TOLUF Competitors by Total Assets
Key competitors of TOLUF 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 |
TOLUF - 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 - TOLUF 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 - TOLUF is currently not profitable relative to its asset base.
TOLUF - 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 | 4.62 | - | - |
| Quick Ratio | 4.62 | - | - |
| Cash Ratio | 0.00 | - | - |
| Working Capital | $15.24 Million | - | - |
TOLUF - Advanced Valuation Insights
This section examines the relationship between TOLUF'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 | 5.43 |
| Latest Market Cap to Assets Ratio | 1.45 |
| Asset Growth Rate (YoY) | 129.5% |
| Total Assets | $54.53 Million |
| Market Capitalization | $79.29 Million USD |
Valuation Analysis
Above Book Valuation: The market values TOLUF's assets above their book value (1.45 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: TOLUF's assets grew by 129.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TOLUF (2021–2024)
The table below shows the annual total assets of TOLUF from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $54.53 Million | +129.55% |
| 2023-12-31 | $23.76 Million | -24.27% |
| 2022-12-31 | $31.37 Million | -- |
| 2021-12-31 | $0.00 | -- |