Adex Mining Inc
Adex Mining Inc. engages in exploring and developing mineral properties in Canada. The company primarily explores for tin, indium, zinc, molybdenum, and tungsten deposits. It holds 100% of the subsurface mineral rights to approximately 1,600 hectares comprising the Mount Pleasant mine area of New Brunswick, Canada. The company was founded in 1992 and is based in Toronto, Canada.
Adex Mining Inc (ADXDF) - Total Assets
Latest total assets as of September 2025: $1.40 Million USD
Based on the latest financial reports, Adex Mining Inc (ADXDF) holds total assets worth $1.40 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.
Adex Mining Inc - Total Assets Trend (2006–2024)
This chart illustrates how Adex Mining Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Adex Mining Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Adex Mining Inc's total assets of $1.40 Million consist of 13.7% current assets and 86.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.4% |
| Accounts Receivable | $6.75K | 0.4% |
| 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 (2006–2024)
This chart illustrates how Adex 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: Adex Mining Inc's current assets represent 13.7% of total assets in 2024, a decrease from 19.3% in 2006.
- Cash Position: Cash and equivalents constituted 10.4% of total assets in 2024, up from 4.9% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Adex Mining Inc Competitors by Total Assets
Key competitors of Adex Mining Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 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 |
Adex 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 - Adex 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 - Adex Mining Inc is currently not profitable relative to its asset base.
Adex 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 | 2.07 | 0.03 | 0.40 |
| Quick Ratio | 2.07 | 0.03 | 0.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $108.00K | $ -7.78 Million | $ -133.25K |
Adex Mining Inc - Advanced Valuation Insights
This section examines the relationship between Adex 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 | - |
| Latest Market Cap to Assets Ratio | 0.38 |
| Asset Growth Rate (YoY) | 4.8% |
| Total Assets | $1.93 Million |
| Market Capitalization | $736.47K USD |
Valuation Analysis
Below Book Valuation: The market values Adex Mining Inc's assets below their book value (0.38 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Adex Mining Inc's assets grew by 4.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Adex Mining Inc (2006–2024)
The table below shows the annual total assets of Adex Mining Inc from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.93 Million | +4.75% |
| 2023-12-31 | $1.85 Million | +3.86% |
| 2022-12-31 | $1.78 Million | -2.27% |
| 2021-12-31 | $1.82 Million | +1.17% |
| 2020-12-31 | $1.80 Million | -3.10% |
| 2019-12-31 | $1.86 Million | -4.68% |
| 2018-12-31 | $1.95 Million | -2.14% |
| 2017-12-31 | $1.99 Million | -1.79% |
| 2016-12-31 | $2.03 Million | -87.10% |
| 2015-12-31 | $15.70 Million | +4.35% |
| 2014-12-31 | $15.05 Million | +3.33% |
| 2013-12-31 | $14.57 Million | -7.16% |
| 2012-12-31 | $15.69 Million | -11.96% |
| 2011-12-31 | $17.82 Million | +33.31% |
| 2010-12-31 | $13.37 Million | +29.86% |
| 2009-12-31 | $10.29 Million | -2.05% |
| 2008-12-31 | $10.51 Million | +0.85% |
| 2007-12-31 | $10.42 Million | +665.23% |
| 2006-12-31 | $1.36 Million | -- |