Discovery Minerals
Discovery Minerals Ltd. operates as an acquisition and development company that targets natural resource properties. It focuses on gold mining projects. Discovery Minerals Ltd. was formerly known as Dhanoa Minerals Ltd. and changed its name to Discovery Minerals Ltd. in August 2012. The company was incorporated in 2005 and is based in Reno, Nevada.
Discovery Minerals (DSCR) - Total Assets
Latest total assets as of September 2022: $7.69K USD
Based on the latest financial reports, Discovery Minerals (DSCR) holds total assets worth $7.69K USD as of September 2022.
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.
Discovery Minerals - Total Assets Trend (2005–2022)
This chart illustrates how Discovery Minerals’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Discovery Minerals - Asset Composition Analysis
Current Asset Composition (September 2022)
Discovery Minerals's total assets of $7.69K consist of 2.5% current assets and 97.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.5% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2005–2022)
This chart illustrates how Discovery Minerals'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: Discovery Minerals's current assets represent 2.5% of total assets in 2022, a decrease from 95.1% in 2005.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2022, down from 95.1% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Discovery Minerals Competitors by Total Assets
Key competitors of Discovery Minerals 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 |
Discovery Minerals - 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 - Discovery Minerals 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 - Discovery Minerals is currently not profitable relative to its asset base.
Discovery Minerals - 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 | 0.00 | 0.16 | 0.44 |
| Quick Ratio | 0.00 | 0.16 | 0.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-959.23K | $ -713.12K | $ -12.61K |
Discovery Minerals - Advanced Valuation Insights
This section examines the relationship between Discovery Minerals'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 | 0.00 |
| Asset Growth Rate (YoY) | -94.9% |
| Total Assets | $7.69K |
| Market Capitalization | $0.96 USD |
Valuation Analysis
Below Book Valuation: The market values Discovery Minerals's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Discovery Minerals's assets decreased by 94.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Discovery Minerals (2005–2022)
The table below shows the annual total assets of Discovery Minerals from 2005 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-09-30 | $7.69K | -94.91% |
| 2021-09-30 | $150.92K | +104.15% |
| 2020-09-30 | $73.93K | -11.42% |
| 2019-09-30 | $83.46K | -67.51% |
| 2018-09-30 | $256.86K | +25585.50% |
| 2017-09-30 | $1.00K | 0.00% |
| 2016-09-30 | $1.00K | -31.51% |
| 2015-09-30 | $1.46K | +32.37% |
| 2014-09-30 | $1.10K | -92.62% |
| 2013-09-30 | $14.95K | +48.06% |
| 2006-09-30 | $10.09K | -80.20% |
| 2005-09-30 | $50.98K | -- |