Spartan Resources Limited
Spartan Resources Limited engages in the exploration, evaluation, and development of gold projects in Australia. The company's flagship project is the Dalgaranga gold project, which covers an area of 500 square kilometers located to the north-west of Mt Magnet in Western Australia. The company was formerly known as Gascoyne Resources Limited and changed its name to Spartan Resources Limited in Au… Read more
Spartan Resources Limited (GYYSF) - Total Assets
Latest total assets as of June 2024: $260.22 Million USD
Based on the latest financial reports, Spartan Resources Limited (GYYSF) holds total assets worth $260.22 Million 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.
Spartan Resources Limited - Total Assets Trend (2020–2024)
This chart illustrates how Spartan Resources Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spartan Resources Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Spartan Resources Limited's total assets of $260.22 Million consist of 38.2% current assets and 61.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 35.8% |
| Accounts Receivable | $16.00K | 0.0% |
| Inventory | $4.56 Million | 1.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Spartan Resources 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: Spartan Resources Limited's current assets represent 38.2% of total assets in 2024, an increase from 11.4% in 2020.
- Cash Position: Cash and equivalents constituted 35.8% of total assets in 2024, up from 2.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 1.8% of total assets.
Spartan Resources Limited Competitors by Total Assets
Key competitors of Spartan Resources 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 |
Spartan Resources 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 - Spartan Resources Limited generates 0.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Spartan Resources Limited is currently not profitable relative to its asset base.
Spartan Resources 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 | 20.23 | 6.41 | - |
| Quick Ratio | 19.30 | 5.69 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | $94.38 Million | $ 35.05 Million | - |
Spartan Resources Limited - Advanced Valuation Insights
This section examines the relationship between Spartan Resources 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 | 8.51 |
| Latest Market Cap to Assets Ratio | 4.14 |
| Asset Growth Rate (YoY) | 52.4% |
| Total Assets | $260.22 Million |
| Market Capitalization | $1.08 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Spartan Resources Limited's assets at a significant premium ( 4.14x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Spartan Resources Limited's assets grew by 52.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Spartan Resources Limited (2020–2024)
The table below shows the annual total assets of Spartan Resources Limited from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $260.22 Million | +52.37% |
| 2023-06-30 | $170.78 Million | +0.49% |
| 2022-06-30 | $169.94 Million | -10.34% |
| 2021-06-30 | $189.54 Million | -20.14% |
| 2020-06-30 | $237.34 Million | -- |