AfriTin Mining Limited
Andrada Mining Limited, together with its subsidiaries, engages in the exploration and development of projects in Namibia and South Africa. Its flagship asset is the Uis brownfield tin mine located in the Erongo region, Namibia. The company was formerly known as AfriTin Mining Limited and changed its name to Andrada Mining Limited in January 2023. Andrada Mining Limited was incorporated in 2017 a… Read more
AfriTin Mining Limited (AFTTF) - Total Assets
Latest total assets as of August 2024: $66.92 Million USD
Based on the latest financial reports, AfriTin Mining Limited (AFTTF) holds total assets worth $66.92 Million USD as of August 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.
AfriTin Mining Limited - Total Assets Trend (2015–2024)
This chart illustrates how AfriTin Mining Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
AfriTin Mining Limited - Asset Composition Analysis
Current Asset Composition (February 2024)
AfriTin Mining Limited's total assets of $66.92 Million consist of 35.5% current assets and 64.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 21.9% |
| Accounts Receivable | $678.06K | 1.0% |
| Inventory | $2.95 Million | 4.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $85.25K | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how AfriTin Mining Limited'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: AfriTin Mining Limited's current assets represent 35.5% of total assets in 2024, a decrease from 59.0% in 2015.
- Cash Position: Cash and equivalents constituted 21.9% of total assets in 2024, up from 0.7% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 40.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 4.5% of total assets.
AfriTin Mining Limited Competitors by Total Assets
Key competitors of AfriTin Mining Limited 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 |
AfriTin Mining Limited - 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 - AfriTin Mining Limited generates 0.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - AfriTin Mining Limited is currently not profitable relative to its asset base.
AfriTin Mining Limited - 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 | 1.93 | 1.37 | 1.35 |
| Quick Ratio | 1.25 | 1.03 | 1.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.82 Million | $ 3.42 Million | $ 300.69K |
AfriTin Mining Limited - Advanced Valuation Insights
This section examines the relationship between AfriTin Mining Limited'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 | 1.33 |
| Latest Market Cap to Assets Ratio | 0.48 |
| Asset Growth Rate (YoY) | 39.5% |
| Total Assets | $66.20 Million |
| Market Capitalization | $31.63 Million USD |
Valuation Analysis
Below Book Valuation: The market values AfriTin Mining Limited's assets below their book value (0.48 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: AfriTin Mining Limited's assets grew by 39.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for AfriTin Mining Limited (2015–2024)
The table below shows the annual total assets of AfriTin Mining Limited from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-02-29 | $66.20 Million | +39.45% |
| 2023-02-28 | $47.47 Million | +28.06% |
| 2022-02-28 | $37.07 Million | +65.40% |
| 2021-02-28 | $22.41 Million | +4.83% |
| 2020-02-29 | $21.38 Million | +41.78% |
| 2019-02-28 | $15.08 Million | +52.84% |
| 2018-02-28 | $9.87 Million | +25.36% |
| 2017-02-28 | $7.87 Million | +54.54% |
| 2016-02-29 | $5.09 Million | +13.80% |
| 2015-02-28 | $4.47 Million | -- |