Nevada Zinc Corporation
Nevada Zinc Corporation, a mineral exploration company, explores for and develops mineral properties in the United States and Canada. The company primarily explores for zinc and lead. Its principal property is the 100% owned Lone Mountain zinc project comprising 202 unpatented lode mining claims covering an area of approximately 4,000 acres located in Eureka County, Nevada. The company was former… Read more
Nevada Zinc Corporation (GDSKF) - Total Assets
Latest total assets as of September 2023: $34.60K USD
Based on the latest financial reports, Nevada Zinc Corporation (GDSKF) holds total assets worth $34.60K 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.
Nevada Zinc Corporation - Total Assets Trend (2011–2022)
This chart illustrates how Nevada Zinc Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nevada Zinc Corporation - Asset Composition Analysis
Current Asset Composition (December 2022)
Nevada Zinc Corporation's total assets of $34.60K consist of 79.4% current assets and 20.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 75.9% |
| Accounts Receivable | $3.47K | 3.4% |
| Inventory | $-3.47 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2011–2022)
This chart illustrates how Nevada Zinc 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: Nevada Zinc Corporation's current assets represent 79.4% of total assets in 2022, a decrease from 100.0% in 2011.
- Cash Position: Cash and equivalents constituted 75.9% of total assets in 2022, down from 83.0% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 3.4% of total assets.
Nevada Zinc Corporation Competitors by Total Assets
Key competitors of Nevada Zinc 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 |
Nevada Zinc 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 - Nevada Zinc 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 - Nevada Zinc Corporation is currently not profitable relative to its asset base.
Nevada Zinc 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 | 0.02 | 0.28 | 0.59 |
| Quick Ratio | 0.02 | 0.28 | 0.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-617.50K | $ -363.86K | $ -86.51K |
Nevada Zinc Corporation - Advanced Valuation Insights
This section examines the relationship between Nevada Zinc 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 | 32.20 |
| Latest Market Cap to Assets Ratio | 1.90 |
| Asset Growth Rate (YoY) | 78.0% |
| Total Assets | $103.64K |
| Market Capitalization | $197.19K USD |
Valuation Analysis
Above Book Valuation: The market values Nevada Zinc Corporation's assets above their book value (1.90 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Nevada Zinc Corporation's assets grew by 78.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nevada Zinc Corporation (2011–2022)
The table below shows the annual total assets of Nevada Zinc Corporation from 2011 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $103.64K | +77.98% |
| 2021-12-31 | $58.23K | +65.67% |
| 2020-12-31 | $35.15K | -63.18% |
| 2019-12-31 | $95.47K | -23.64% |
| 2018-12-31 | $125.02K | -92.81% |
| 2017-12-31 | $1.74 Million | +142.54% |
| 2016-12-31 | $716.43K | +144.77% |
| 2015-12-31 | $292.70K | -50.54% |
| 2014-12-31 | $591.85K | +398.07% |
| 2013-12-31 | $118.83K | -75.08% |
| 2012-12-31 | $476.75K | -67.07% |
| 2011-12-31 | $1.45 Million | -- |