Erdene Resource Development Corporation
Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May 2008. Erdene Resource Development Corporation was incorporate… Read more
Erdene Resource Development Corporation (ERDCF) - Total Assets
Latest total assets as of September 2025: $55.96 Million USD
Based on the latest financial reports, Erdene Resource Development Corporation (ERDCF) holds total assets worth $55.96 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.
Erdene Resource Development Corporation - Total Assets Trend (2001–2024)
This chart illustrates how Erdene Resource Development Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Erdene Resource Development Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Erdene Resource Development Corporation's total assets of $55.96 Million consist of 11.7% current assets and 88.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.6% |
| Accounts Receivable | $14.91K | 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 (2001–2024)
This chart illustrates how Erdene Resource Development Corporation'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: Erdene Resource Development Corporation's current assets represent 11.7% of total assets in 2024, an increase from 0.0% in 2001.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2024, up from 0.0% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.
Erdene Resource Development Corporation Competitors by Total Assets
Key competitors of Erdene Resource Development Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Erdene Resource Development Corporation - 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 - Erdene Resource Development Corporation 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 - Erdene Resource Development Corporation is currently not profitable relative to its asset base.
Erdene Resource Development Corporation - 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 | 4.16 | 6.10 | 21.47 |
| Quick Ratio | 4.16 | 6.10 | 21.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.69 Million | $ 2.24 Million | $ 12.49 Million |
Erdene Resource Development Corporation - Advanced Valuation Insights
This section examines the relationship between Erdene Resource Development Corporation'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 | 9.95 |
| Latest Market Cap to Assets Ratio | 0.37 |
| Asset Growth Rate (YoY) | 6.7% |
| Total Assets | $63.00 Million |
| Market Capitalization | $23.36 Million USD |
Valuation Analysis
Below Book Valuation: The market values Erdene Resource Development Corporation's assets below their book value (0.37 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Erdene Resource Development Corporation's assets grew by 6.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Erdene Resource Development Corporation (2001–2024)
The table below shows the annual total assets of Erdene Resource Development Corporation from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $63.00 Million | +6.67% |
| 2023-12-31 | $59.06 Million | +12.43% |
| 2022-12-31 | $52.53 Million | +12.87% |
| 2021-12-31 | $46.54 Million | +8.71% |
| 2020-12-31 | $42.81 Million | +58.73% |
| 2019-12-31 | $26.97 Million | +52.31% |
| 2018-12-31 | $17.71 Million | +18.49% |
| 2017-12-31 | $14.95 Million | +248.11% |
| 2016-12-31 | $4.29 Million | +70.24% |
| 2015-12-31 | $2.52 Million | -76.89% |
| 2014-12-31 | $10.91 Million | -5.82% |
| 2013-12-31 | $11.59 Million | -12.98% |
| 2012-12-31 | $13.31 Million | -71.54% |
| 2011-12-31 | $46.78 Million | -16.45% |
| 2010-12-31 | $55.99 Million | -4.52% |
| 2009-12-31 | $58.65 Million | -3.22% |
| 2008-12-31 | $60.60 Million | +28.89% |
| 2007-12-31 | $47.02 Million | +37.56% |
| 2006-12-31 | $34.18 Million | +414.05% |
| 2005-12-31 | $6.65 Million | -29.47% |
| 2004-12-31 | $9.43 Million | +126.52% |
| 2003-12-31 | $4.16 Million | +834.77% |
| 2002-12-31 | $445.18K | +337.65% |
| 2001-12-31 | $101.72K | -- |