King's Bay Resources Corp
Lion Rock Resources Inc. engages in acquiring, exploring, developing, and evaluating mineral resource properties in Canada. The company explores for lithium, tantalum, and tin minerals. It holds 100% interest in the Maybrun property, a gold-copper project located in southeast of Kenora, Ontario. The company holds 100% interest in the Revell Property comprising of 112 claims covering 2,350 hectare… Read more
King's Bay Resources Corp (KBGCF) - Total Assets
Latest total assets as of December 2024: $901.35K USD
Based on the latest financial reports, King's Bay Resources Corp (KBGCF) holds total assets worth $901.35K 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.
King's Bay Resources Corp - Total Assets Trend (2001–2024)
This chart illustrates how King's Bay Resources Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
King's Bay Resources Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
King's Bay Resources Corp's total assets of $901.35K consist of 34.3% current assets and 65.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 21.4% |
| Accounts Receivable | $15.72K | 1.7% |
| 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 (2001–2024)
This chart illustrates how King's Bay 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: King's Bay Resources Corp's current assets represent 34.3% of total assets in 2024, a decrease from 64.9% in 2001.
- Cash Position: Cash and equivalents constituted 21.4% of total assets in 2024, down from 62.7% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 1.7% of total assets.
King's Bay Resources Corp Competitors by Total Assets
Key competitors of King's Bay 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 |
King's Bay 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 - King's Bay 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 - King's Bay Resources Corp is currently not profitable relative to its asset base.
King's Bay 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 | 0.38 | 1.72 | 0.01 |
| Quick Ratio | 0.38 | 1.72 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-507.72K | $ 151.97K | $ -411.43K |
King's Bay Resources Corp - Advanced Valuation Insights
This section examines the relationship between King's Bay 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 | 2.60 |
| Latest Market Cap to Assets Ratio | 6.27 |
| Asset Growth Rate (YoY) | -16.8% |
| Total Assets | $901.35K |
| Market Capitalization | $5.65 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values King's Bay Resources Corp's assets at a significant premium ( 6.27x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: King's Bay Resources Corp's assets decreased by 16.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for King's Bay Resources Corp (2001–2024)
The table below shows the annual total assets of King's Bay Resources Corp from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $901.35K | -16.83% |
| 2023-12-31 | $1.08 Million | -56.16% |
| 2022-12-31 | $2.47 Million | +1381.54% |
| 2021-12-31 | $166.86K | +3427.98% |
| 2020-12-31 | $4.73K | +105.18% |
| 2019-12-31 | $2.31K | -99.31% |
| 2018-12-31 | $336.14K | -43.54% |
| 2017-12-31 | $595.39K | -1.72% |
| 2016-12-31 | $605.79K | +408.06% |
| 2015-12-31 | $119.24K | -94.92% |
| 2014-12-31 | $2.34 Million | -3.94% |
| 2013-12-31 | $2.44 Million | -21.01% |
| 2012-12-31 | $3.09 Million | -9.99% |
| 2011-12-31 | $3.43 Million | -4.74% |
| 2010-12-31 | $3.60 Million | -24.04% |
| 2009-12-31 | $4.75 Million | -21.77% |
| 2008-12-31 | $6.07 Million | +7.03% |
| 2007-12-31 | $5.67 Million | +42.41% |
| 2006-12-31 | $3.98 Million | +38.94% |
| 2005-12-31 | $2.86 Million | -27.25% |
| 2004-12-31 | $3.94 Million | +66.75% |
| 2003-12-31 | $2.36 Million | +71.24% |
| 2002-12-31 | $1.38 Million | +107.13% |
| 2001-12-31 | $665.62K | -- |