Auxico Resources Canada Inc
Auxico Resources Canada Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of silver-gold properties in Canada, Mexico, Bolivia, Colombia, Brazil, and the Democratic Republic of the Congo. The company also holds an 100% interest in the Zamora silver-gold property located in Mexico. Auxico Resources Canada Inc. was incorporated in 2014 and is based in Mo… Read more
Auxico Resources Canada Inc (AUXIF) - Total Assets
Latest total assets as of September 2023: $2.12 Million USD
Based on the latest financial reports, Auxico Resources Canada Inc (AUXIF) holds total assets worth $2.12 Million USD as of September 2023.
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.
Auxico Resources Canada Inc - Total Assets Trend (2014–2023)
This chart illustrates how Auxico Resources Canada Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Auxico Resources Canada Inc - Asset Composition Analysis
Current Asset Composition (September 2023)
Auxico Resources Canada Inc's total assets of $2.12 Million consist of 22.2% current assets and 77.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $199.71K | 9.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $863.05K | 40.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how Auxico Resources Canada 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: Auxico Resources Canada Inc's current assets represent 22.2% of total assets in 2023, an increase from 9.9% in 2014.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2023, down from 0.3% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 40.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 40.7% of total assets.
Auxico Resources Canada Inc Competitors by Total Assets
Key competitors of Auxico Resources Canada Inc 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 |
Auxico Resources Canada 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 - Auxico Resources Canada Inc generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Auxico Resources Canada Inc generates $ 546.94 in net profit.
Auxico Resources Canada 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 | 0.05 | 0.15 | 0.41 |
| Quick Ratio | 0.05 | 0.15 | 0.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.90 Million | $ -20.09 Million | $ -245.26K |
Auxico Resources Canada Inc - Advanced Valuation Insights
This section examines the relationship between Auxico Resources Canada 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 | 1.83 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | -65.0% |
| Total Assets | $2.12 Million |
| Market Capitalization | $510.69K USD |
Valuation Analysis
Below Book Valuation: The market values Auxico Resources Canada Inc's assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Auxico Resources Canada Inc's assets decreased by 65.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Auxico Resources Canada Inc (2014–2023)
The table below shows the annual total assets of Auxico Resources Canada Inc from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $2.12 Million | -65.02% |
| 2022-09-30 | $6.06 Million | +21.35% |
| 2021-09-30 | $5.00 Million | +457.34% |
| 2020-09-30 | $896.26K | +1018.81% |
| 2019-09-30 | $80.11K | -94.25% |
| 2018-09-30 | $1.39 Million | -40.40% |
| 2017-09-30 | $2.34 Million | +243.85% |
| 2016-09-30 | $679.74K | +37.07% |
| 2015-09-30 | $495.90K | +9.99% |
| 2014-09-30 | $450.88K | -- |