JNC Resources Inc
Metalite Resources Inc., a junior exploration company, engages in the exploration for mineral resources in Canada and Australia. The company explores for gold and silver. Its primary project is the Arthurs Seat project covering an area of 42 square kms located in the northwestern region of the New England Orogenic Terrane. The company was formerly known as RooGold Inc. and changed its name to Met… Read more
JNC Resources Inc (JNCCF) - Total Assets
Latest total assets as of June 2025: $88.20K USD
Based on the latest financial reports, JNC Resources Inc (JNCCF) holds total assets worth $88.20K USD as of June 2025.
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.
JNC Resources Inc - Total Assets Trend (2019–2024)
This chart illustrates how JNC Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
JNC Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
JNC Resources Inc's total assets of $88.20K consist of 37.1% current assets and 62.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.1% |
| Accounts Receivable | $12.16K | 12.9% |
| 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 (2019–2024)
This chart illustrates how JNC 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: JNC Resources Inc's current assets represent 37.1% of total assets in 2024, a decrease from 79.3% in 2019.
- Cash Position: Cash and equivalents constituted 12.1% of total assets in 2024, down from 70.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 12.9% of total assets.
JNC Resources Inc Competitors by Total Assets
Key competitors of JNC Resources Inc 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 |
JNC 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 - JNC 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 - JNC Resources Inc is currently not profitable relative to its asset base.
JNC 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 | 0.05 | 0.04 | 176.32 |
| Quick Ratio | 0.05 | 0.06 | 184.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-716.66K | $ -537.77K | $ 154.28K |
JNC Resources Inc - Advanced Valuation Insights
This section examines the relationship between JNC 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 | 2.61 |
| Latest Market Cap to Assets Ratio | 2.68 |
| Asset Growth Rate (YoY) | -19.7% |
| Total Assets | $94.15K |
| Market Capitalization | $252.75K USD |
Valuation Analysis
Premium Asset Valuation: The market values JNC Resources Inc's assets at a significant premium ( 2.68x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: JNC Resources Inc's assets decreased by 19.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for JNC Resources Inc (2019–2024)
The table below shows the annual total assets of JNC Resources Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $94.15K | -19.71% |
| 2023-12-31 | $117.26K | -84.06% |
| 2022-12-31 | $735.66K | -72.25% |
| 2021-12-31 | $2.65 Million | +1145.93% |
| 2020-12-31 | $212.81K | +13.70% |
| 2019-12-31 | $187.16K | -- |