Group Eleven Resources Corp
Group Eleven Resources Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Ireland. It primarily explores for zinc, lead, and silver deposits. The company owns 100% interest in the Silvermines project comprising two prospecting licenses (PLs) covering an area of 43.0 square kilometers located in the western Ireland; the PG West pr… Read more
Group Eleven Resources Corp (GRLVF) - Total Assets
Latest total assets as of December 2024: $10.73 Million USD
Based on the latest financial reports, Group Eleven Resources Corp (GRLVF) holds total assets worth $10.73 Million USD as of December 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.
Group Eleven Resources Corp - Total Assets Trend (2015–2024)
This chart illustrates how Group Eleven Resources Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Group Eleven Resources Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Group Eleven Resources Corp's total assets of $10.73 Million consist of 16.9% current assets and 83.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.9% |
| Accounts Receivable | $71.14K | 0.7% |
| 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 (2015–2024)
This chart illustrates how Group Eleven Resources Corp'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: Group Eleven Resources Corp's current assets represent 16.9% of total assets in 2024, a decrease from 83.1% in 2015.
- Cash Position: Cash and equivalents constituted 15.9% of total assets in 2024, down from 82.7% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 4.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Group Eleven Resources Corp Competitors by Total Assets
Key competitors of Group Eleven Resources Corp 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 |
Group Eleven Resources Corp - 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 - Group Eleven Resources Corp 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 - Group Eleven Resources Corp is currently not profitable relative to its asset base.
Group Eleven Resources Corp - 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 | 2.38 | 3.82 | 0.68 |
| Quick Ratio | 2.38 | 3.79 | 0.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.05 Million | $ 2.53 Million | $ -249.83K |
Group Eleven Resources Corp - Advanced Valuation Insights
This section examines the relationship between Group Eleven Resources Corp'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 | 8.37 |
| Latest Market Cap to Assets Ratio | 1.60 |
| Asset Growth Rate (YoY) | -13.1% |
| Total Assets | $10.73 Million |
| Market Capitalization | $17.13 Million USD |
Valuation Analysis
Above Book Valuation: The market values Group Eleven Resources Corp's assets above their book value (1.60 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Group Eleven Resources Corp's assets decreased by 13.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Group Eleven Resources Corp (2015–2024)
The table below shows the annual total assets of Group Eleven Resources Corp from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $10.73 Million | -13.08% |
| 2023-12-31 | $12.34 Million | +22.09% |
| 2022-12-31 | $10.11 Million | +1.83% |
| 2021-12-31 | $9.93 Million | -12.34% |
| 2020-12-31 | $11.32 Million | +14.28% |
| 2019-12-31 | $9.91 Million | -10.16% |
| 2018-12-31 | $11.03 Million | -22.29% |
| 2017-12-31 | $14.19 Million | +634.98% |
| 2016-12-31 | $1.93 Million | +1514.95% |
| 2015-12-31 | $119.59K | -- |