Hi Ho Silver Resources Inc
Hi Ho Silver Resources Inc., a mineral exploration company, explores for and develops mineral properties in Canada. The company holds a 100% interest in the Illite Clay- Kootenay Clay project; and an option to acquire a 100% interest in the Fairview South Okanagan property located in British Columbia. It also has interests in the Isle silver property that consists of 6 units totaling 123.97 hecta… Read more
Hi Ho Silver Resources Inc (HHSRF) - Total Assets
Latest total assets as of April 2021: $846.25K USD
Based on the latest financial reports, Hi Ho Silver Resources Inc (HHSRF) holds total assets worth $846.25K USD as of April 2021.
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.
Hi Ho Silver Resources Inc - Total Assets Trend (2008–2020)
This chart illustrates how Hi Ho Silver Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hi Ho Silver Resources Inc - Asset Composition Analysis
Current Asset Composition (July 2020)
Hi Ho Silver Resources Inc's total assets of $846.25K consist of 2.9% current assets and 97.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.6% |
| Accounts Receivable | $8.04K | 0.9% |
| Inventory | $-8.04K | -0.9% |
| Property, Plant & Equipment | $852.25K | 97.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2020)
This chart illustrates how Hi Ho Silver Resources Inc'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: Hi Ho Silver Resources Inc's current assets represent 2.9% of total assets in 2020, a decrease from 13.7% in 2008.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2020, down from 12.5% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is property, plant & equipment at 97.2% of total assets.
Hi Ho Silver Resources Inc Competitors by Total Assets
Key competitors of Hi Ho Silver Resources Inc 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 |
Hi Ho Silver Resources Inc - 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 - Hi Ho Silver Resources Inc 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 - Hi Ho Silver Resources Inc is currently not profitable relative to its asset base.
Hi Ho Silver Resources Inc - 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 | 0.01 | 0.02 | 0.01 |
| Quick Ratio | 0.01 | 0.02 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-928.82K | $ -1.14 Million | $ -2.01 Million |
Hi Ho Silver Resources Inc - Advanced Valuation Insights
This section examines the relationship between Hi Ho Silver Resources Inc'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 | 2.63 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | $877.24K |
| Market Capitalization | $23.73K USD |
Valuation Analysis
Below Book Valuation: The market values Hi Ho Silver Resources Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Hi Ho Silver Resources Inc's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Hi Ho Silver Resources Inc (2008–2020)
The table below shows the annual total assets of Hi Ho Silver Resources Inc from 2008 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-07-31 | $877.24K | -5.42% |
| 2019-07-31 | $927.48K | -36.00% |
| 2018-07-31 | $1.45 Million | +102.46% |
| 2017-07-31 | $715.79K | +10.93% |
| 2016-07-31 | $645.29K | +6.69% |
| 2015-07-31 | $604.83K | -15.32% |
| 2014-07-31 | $714.27K | -29.60% |
| 2013-07-31 | $1.01 Million | +10.67% |
| 2012-07-31 | $916.71K | -13.04% |
| 2011-07-31 | $1.05 Million | -51.67% |
| 2010-07-31 | $2.18 Million | -35.33% |
| 2009-07-31 | $3.37 Million | -21.47% |
| 2008-07-31 | $4.29 Million | -- |