Cartier Resources Inc
Cartier Resources Inc. engages in the acquisition and exploration of mining properties in Canada. The company explores for gold deposits. Its flagship project is the Cadillac project located to the east of Val-d'Or, Quebec. The company was incorporated in 2006 and is headquartered in Val-D'or, Canada.
Cartier Resources Inc (ECRFF) - Total Assets
Latest total assets as of September 2025: $44.82 Million USD
Based on the latest financial reports, Cartier Resources Inc (ECRFF) holds total assets worth $44.82 Million 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.
Cartier Resources Inc - Total Assets Trend (2007–2024)
This chart illustrates how Cartier Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cartier Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Cartier Resources Inc's total assets of $44.82 Million consist of 6.3% current assets and 93.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.3% |
| Accounts Receivable | $973.78K | 2.6% |
| 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 (2007–2024)
This chart illustrates how Cartier Resources 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: Cartier Resources Inc's current assets represent 6.3% of total assets in 2024, a decrease from 63.2% in 2007.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2024, down from 52.8% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 2.6% of total assets.
Cartier Resources Inc Competitors by Total Assets
Key competitors of Cartier Resources 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 |
Cartier Resources 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 - Cartier Resources Inc 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 - Cartier Resources Inc is currently not profitable relative to its asset base.
Cartier Resources 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 | 6.01 | 4.55 | 4.36 |
| Quick Ratio | 6.01 | 4.55 | 4.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.40 Million | $ 1.86 Million | $ 11.08 Million |
Cartier Resources Inc - Advanced Valuation Insights
This section examines the relationship between Cartier Resources 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 | 3.51 |
| Latest Market Cap to Assets Ratio | 0.64 |
| Asset Growth Rate (YoY) | -20.0% |
| Total Assets | $37.81 Million |
| Market Capitalization | $24.37 Million USD |
Valuation Analysis
Below Book Valuation: The market values Cartier Resources Inc's assets below their book value (0.64 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Cartier Resources Inc's assets decreased by 20.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Cartier Resources Inc (2007–2024)
The table below shows the annual total assets of Cartier Resources Inc from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $37.81 Million | -20.00% |
| 2023-12-31 | $47.26 Million | +4.71% |
| 2022-12-31 | $45.14 Million | +35.54% |
| 2021-12-31 | $33.30 Million | -1.35% |
| 2020-12-31 | $33.76 Million | +32.43% |
| 2019-12-31 | $25.49 Million | +9.66% |
| 2018-12-31 | $23.24 Million | -21.38% |
| 2017-12-31 | $29.56 Million | +87.35% |
| 2016-12-31 | $15.78 Million | +55.45% |
| 2015-12-31 | $10.15 Million | -13.34% |
| 2014-12-31 | $11.71 Million | -5.90% |
| 2013-12-31 | $12.45 Million | -6.14% |
| 2012-12-31 | $13.26 Million | -3.23% |
| 2011-12-31 | $13.70 Million | +21.83% |
| 2010-12-31 | $11.25 Million | +63.74% |
| 2009-12-31 | $6.87 Million | +11.91% |
| 2008-12-31 | $6.14 Million | +0.33% |
| 2007-12-31 | $6.12 Million | -- |