Evolution Mining Limited
Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. It also explores for copper and silver deposits. The company was formerly known as Catalpa Resources Limited and changed its name to Evolution Mining Limited in November 2011. Evolution Mining Limited was incorporated in 1998 and is based in S… Read more
Evolution Mining Limited (EVMNY) - Total Assets
Latest total assets as of June 2024: $8.82 Billion USD
Based on the latest financial reports, Evolution Mining Limited (EVMNY) holds total assets worth $8.82 Billion USD as of June 2024.
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.
Evolution Mining Limited - Total Assets Trend (2021–2024)
This chart illustrates how Evolution Mining Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Evolution Mining Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Evolution Mining Limited's total assets of $8.82 Billion consist of 12.1% current assets and 87.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.6% |
| Accounts Receivable | $116.69 Million | 1.3% |
| Inventory | $399.10 Million | 4.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Evolution Mining Limited'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: Evolution Mining Limited's current assets represent 12.1% of total assets in 2024, an increase from 11.7% in 2021.
- Cash Position: Cash and equivalents constituted 4.6% of total assets in 2024, up from 4.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 4.5% of total assets.
Evolution Mining Limited Competitors by Total Assets
Key competitors of Evolution Mining Limited 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 |
Evolution Mining Limited - 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 - Evolution Mining Limited generates 0.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Evolution Mining Limited generates $ 4.79 in net profit.
Evolution Mining Limited - 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 | 1.09 | 0.57 | - |
| Quick Ratio | 0.69 | 0.20 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | $90.98 Million | $ -392.45 Million | - |
Evolution Mining Limited - Advanced Valuation Insights
This section examines the relationship between Evolution Mining Limited'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 | 5.65 |
| Latest Market Cap to Assets Ratio | 2.63 |
| Asset Growth Rate (YoY) | 30.6% |
| Total Assets | $8.82 Billion |
| Market Capitalization | $23.20 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Evolution Mining Limited's assets at a significant premium ( 2.63x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Evolution Mining Limited's assets grew by 30.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Evolution Mining Limited (2021–2024)
The table below shows the annual total assets of Evolution Mining Limited from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $8.82 Billion | +30.60% |
| 2023-06-30 | $6.75 Billion | +1.84% |
| 2022-06-30 | $6.63 Billion | +67.55% |
| 2021-06-30 | $3.96 Billion | -- |