Minnova Corp
Minnova Corp., together with its subsidiary, Minnova Renewable Energy, engages in the exploration and development of mineral properties in Canada. It primarily explores for gold. The company holds 100% interests in the PL Gold mine and the Nokomis property located in Manitoba. It also engages in the research and development of biomass gasification technology activities. The company was formerly k… Read more
Minnova Corp (AGRDF) - Total Assets
Latest total assets as of September 2025: $248.98K USD
Based on the latest financial reports, Minnova Corp (AGRDF) holds total assets worth $248.98K 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.
Minnova Corp - Total Assets Trend (2008–2025)
This chart illustrates how Minnova Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Minnova Corp - Asset Composition Analysis
Current Asset Composition (March 2025)
Minnova Corp's total assets of $248.98K consist of 14.2% current assets and 85.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.7% |
| Accounts Receivable | $26.40K | 12.6% |
| 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 (2008–2025)
This chart illustrates how Minnova Corp'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: Minnova Corp's current assets represent 14.2% of total assets in 2025, a decrease from 79.5% in 2008.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2025, down from 69.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 12.6% of total assets.
Minnova Corp Competitors by Total Assets
Key competitors of Minnova Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Minnova Corp - 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 - Minnova Corp 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 - Minnova Corp is currently not profitable relative to its asset base.
Minnova Corp - 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 | 0.07 | 0.02 | 0.08 |
| Quick Ratio | 0.07 | 0.02 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-962.89K | $ -1.52 Million | $ -1.34 Million |
Minnova Corp - Advanced Valuation Insights
This section examines the relationship between Minnova Corp'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 | 0.08 |
| Latest Market Cap to Assets Ratio | 9.09 |
| Asset Growth Rate (YoY) | -5.3% |
| Total Assets | $210.41K |
| Market Capitalization | $1.91 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Minnova Corp's assets at a significant premium ( 9.09x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Minnova Corp's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Minnova Corp (2008–2025)
The table below shows the annual total assets of Minnova Corp from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $210.41K | -5.26% |
| 2024-03-31 | $222.10K | -42.03% |
| 2023-03-31 | $383.14K | -98.19% |
| 2022-03-31 | $21.19 Million | +1.19% |
| 2021-03-31 | $20.94 Million | +7.99% |
| 2020-03-31 | $19.39 Million | +0.92% |
| 2019-03-31 | $19.21 Million | +2.12% |
| 2018-03-31 | $18.81 Million | +4.81% |
| 2017-03-31 | $17.95 Million | +18.59% |
| 2016-03-31 | $15.14 Million | +1.16% |
| 2015-03-31 | $14.96 Million | +5.71% |
| 2014-03-31 | $14.16 Million | +3.80% |
| 2013-03-31 | $13.64 Million | -13.12% |
| 2012-03-31 | $15.70 Million | +102.35% |
| 2011-03-31 | $7.76 Million | +1230.84% |
| 2010-03-31 | $582.89K | +148.98% |
| 2009-03-31 | $234.10K | +351.80% |
| 2008-03-31 | $51.82K | -- |