Hummingbird Resources PLC
Hummingbird Resources PLC engages in the exploration, evaluation, and development of mineral properties in Liberia, Mali, and Guinea. The company primarily explores for gold ores. Its flagship properties include the Yanfolila Gold Mine located in Mali, and the Kouroussa Gold Mine located in Guinea. Hummingbird Resources PLC was incorporated in 2005 and is headquartered in Birmingham, the United K… Read more
Hummingbird Resources PLC (HUMRF) - Total Assets
Latest total assets as of June 2024: $610.17 Million USD
Based on the latest financial reports, Hummingbird Resources PLC (HUMRF) holds total assets worth $610.17 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.
Hummingbird Resources PLC - Total Assets Trend (2007–2023)
This chart illustrates how Hummingbird Resources PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hummingbird Resources PLC - Asset Composition Analysis
Current Asset Composition (December 2023)
Hummingbird Resources PLC's total assets of $610.17 Million consist of 10.7% current assets and 89.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.9% |
| Accounts Receivable | $30.79 Million | 5.1% |
| Inventory | $16.01 Million | 2.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $392.44K | 0.1% |
| Goodwill | $120.56 Million | 20.1% |
Asset Composition Trend (2007–2023)
This chart illustrates how Hummingbird Resources PLC'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: Hummingbird Resources PLC's current assets represent 10.7% of total assets in 2023, a decrease from 13.2% in 2007.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2023, down from 7.9% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 20.0% of total assets, a decrease from 81.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 20.1% of total assets.
Hummingbird Resources PLC Competitors by Total Assets
Key competitors of Hummingbird Resources PLC 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 |
Hummingbird Resources PLC - 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 - Hummingbird Resources PLC generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hummingbird Resources PLC is currently not profitable relative to its asset base.
Hummingbird Resources PLC - 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 | 0.21 | 0.47 | 0.41 |
| Quick Ratio | 0.17 | 0.36 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-235.22 Million | $ -98.00 Million | $ -55.43 Million |
Hummingbird Resources PLC - Advanced Valuation Insights
This section examines the relationship between Hummingbird Resources PLC'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 | 0.50 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 35.6% |
| Total Assets | $600.12 Million |
| Market Capitalization | $3.57 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hummingbird Resources PLC's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hummingbird Resources PLC's assets grew by 35.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hummingbird Resources PLC (2007–2023)
The table below shows the annual total assets of Hummingbird Resources PLC from 2007 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $600.12 Million | +35.65% |
| 2022-12-31 | $442.40 Million | +24.74% |
| 2021-12-31 | $354.67 Million | +21.23% |
| 2020-12-31 | $292.55 Million | +12.01% |
| 2019-12-31 | $261.19 Million | +0.38% |
| 2018-12-31 | $260.19 Million | +2.35% |
| 2017-12-31 | $254.22 Million | +43.20% |
| 2016-12-31 | $177.53 Million | +61.99% |
| 2015-12-31 | $109.59 Million | +12.94% |
| 2014-12-31 | $97.04 Million | +50.23% |
| 2013-12-31 | $64.59 Million | +3.59% |
| 2012-12-31 | $62.35 Million | +21.76% |
| 2011-12-31 | $51.21 Million | -1.81% |
| 2010-12-31 | $52.15 Million | +241.83% |
| 2009-12-31 | $15.26 Million | +208.88% |
| 2008-12-31 | $4.94 Million | +61.30% |
| 2007-12-31 | $3.06 Million | -- |