Abacus Mining & Exploration Corporation
Abacus Mining & Exploration Corporation engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company holds a 100% interest in the Willow copper-molybdenum porphyry property and Nev-Lorraine claims located in Yerington, Nevada. It also has a 20% interest in the Ajax copper-gold porphyry project located in the southwest side of Kamloops… Read more
Abacus Mining & Exploration Corporation (ABCFF) - Total Assets
Latest total assets as of September 2025: $8.44 Million USD
Based on the latest financial reports, Abacus Mining & Exploration Corporation (ABCFF) holds total assets worth $8.44 Million USD as of September 2025.
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.
Abacus Mining & Exploration Corporation - Total Assets Trend (1996–2024)
This chart illustrates how Abacus Mining & Exploration Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Abacus Mining & Exploration Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Abacus Mining & Exploration Corporation's total assets of $8.44 Million consist of 0.9% current assets and 99.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.6% |
| Accounts Receivable | $7.49K | 0.1% |
| 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 (1996–2024)
This chart illustrates how Abacus Mining & Exploration 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: Abacus Mining & Exploration Corporation's current assets represent 0.9% of total assets in 2024, a decrease from 21.3% in 1996.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2024, down from 20.2% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
Abacus Mining & Exploration Corporation Competitors by Total Assets
Key competitors of Abacus Mining & Exploration Corporation 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 |
Abacus Mining & Exploration 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 - Abacus Mining & Exploration Corporation 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 - Abacus Mining & Exploration Corporation is currently not profitable relative to its asset base.
Abacus Mining & Exploration 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 | 0.00 | 0.00 | 0.03 |
| Quick Ratio | 0.00 | 0.00 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-24.79 Million | $ -30.25 Million | $ -18.78 Million |
Abacus Mining & Exploration Corporation - Advanced Valuation Insights
This section examines the relationship between Abacus Mining & Exploration 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 | 0.95 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | 7.5% |
| Total Assets | $8.48 Million |
| Market Capitalization | $1.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Abacus Mining & Exploration Corporation's assets below their book value (0.23 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Abacus Mining & Exploration Corporation's assets grew by 7.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Abacus Mining & Exploration Corporation (1996–2024)
The table below shows the annual total assets of Abacus Mining & Exploration Corporation from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.48 Million | +7.46% |
| 2023-12-31 | $7.89 Million | +40.45% |
| 2022-12-31 | $5.62 Million | -2.56% |
| 2021-12-31 | $5.77 Million | -11.76% |
| 2020-12-31 | $6.54 Million | +2.92% |
| 2019-12-31 | $6.35 Million | -2.32% |
| 2018-12-31 | $6.50 Million | -7.35% |
| 2017-12-31 | $7.02 Million | -69.64% |
| 2016-12-31 | $23.11 Million | -52.59% |
| 2015-12-31 | $48.75 Million | +9.59% |
| 2014-12-31 | $44.49 Million | -1.61% |
| 2013-12-31 | $45.21 Million | -1.84% |
| 2012-12-31 | $46.06 Million | +23.89% |
| 2011-12-31 | $37.18 Million | -12.96% |
| 2010-12-31 | $42.71 Million | -20.72% |
| 2009-12-31 | $53.87 Million | +0.57% |
| 2008-12-31 | $53.57 Million | +3.18% |
| 2007-12-31 | $51.91 Million | +54.45% |
| 2006-12-31 | $33.61 Million | +120.85% |
| 2005-12-31 | $15.22 Million | +178.19% |
| 2004-12-31 | $5.47 Million | +136.28% |
| 2003-12-31 | $2.32 Million | +287.73% |
| 2002-12-31 | $597.18K | +730.25% |
| 2001-12-31 | $71.93K | -99.36% |
| 2000-12-31 | $11.19 Million | -15.21% |
| 1999-12-31 | $13.20 Million | +3.94% |
| 1998-12-31 | $12.70 Million | +6.72% |
| 1997-12-31 | $11.90 Million | +26.60% |
| 1996-12-31 | $9.40 Million | -- |