AXMIN Inc
AXMIN Inc., a gold exploration company, engages in the exploration and development of mineral properties in central and West Africa. Its primary asset is the Passendro gold project located in the Central African Republic. AXMIN Inc. is based in Vancouver, Canada.
AXMIN Inc (AXMIF) - Total Assets
Latest total assets as of September 2023: $107.05K USD
Based on the latest financial reports, AXMIN Inc (AXMIF) holds total assets worth $107.05K 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.
AXMIN Inc - Total Assets Trend (2000–2022)
This chart illustrates how AXMIN Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
AXMIN Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
AXMIN Inc's total assets of $107.05K consist of 14.1% current assets and 85.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.1% |
| Accounts Receivable | $6.64K | 4.5% |
| Inventory | $3.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2022)
This chart illustrates how AXMIN 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: AXMIN Inc's current assets represent 14.1% of total assets in 2022, an increase from 4.9% in 2000.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2022, up from 0.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 4.5% of total assets.
AXMIN Inc Competitors by Total Assets
Key competitors of AXMIN Inc 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 |
AXMIN 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 - AXMIN Inc generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - AXMIN Inc is currently not profitable relative to its asset base.
AXMIN 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 | 0.02 | 0.13 | 3.10 |
| Quick Ratio | 0.02 | 0.13 | 3.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-893.99K | $ -458.71K | $ 935.82K |
AXMIN Inc - Advanced Valuation Insights
This section examines the relationship between AXMIN 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 | 774.95 |
| Latest Market Cap to Assets Ratio | 15.58 |
| Asset Growth Rate (YoY) | -65.5% |
| Total Assets | $147.10K |
| Market Capitalization | $2.29 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values AXMIN Inc's assets at a significant premium ( 15.58x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: AXMIN Inc's assets decreased by 65.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for AXMIN Inc (2000–2022)
The table below shows the annual total assets of AXMIN Inc from 2000 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $147.10K | -65.49% |
| 2021-12-31 | $426.26K | -53.81% |
| 2020-12-31 | $922.91K | -41.26% |
| 2019-12-31 | $1.57 Million | +13.80% |
| 2018-12-31 | $1.38 Million | -20.60% |
| 2017-12-31 | $1.74 Million | +236.89% |
| 2016-12-31 | $516.12K | +48.52% |
| 2015-12-31 | $347.50K | +466.02% |
| 2014-12-31 | $61.39K | -89.19% |
| 2013-12-31 | $568.00K | -98.56% |
| 2012-12-31 | $39.47 Million | -15.12% |
| 2011-12-31 | $46.50 Million | -34.54% |
| 2010-12-31 | $71.04 Million | +97.39% |
| 2009-12-31 | $35.99 Million | -57.89% |
| 2008-12-31 | $85.46 Million | +7.88% |
| 2007-12-31 | $79.22 Million | -1.01% |
| 2006-12-31 | $80.03 Million | +81.67% |
| 2005-12-31 | $44.05 Million | +102.70% |
| 2004-12-31 | $21.73 Million | +3.07% |
| 2003-12-31 | $21.08 Million | +119.79% |
| 2002-12-31 | $9.59 Million | +7.12% |
| 2001-12-31 | $8.96 Million | +32.65% |
| 2000-12-31 | $6.75 Million | -- |