Lundin Mining Corporation
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, nickel, and gold, as well as molybdenum, silver, platinum group metals, and other metals. The company was formerly known as South Atlantic Ventures Lt… Read more
Lundin Mining Corporation (LUNMF) - Total Assets
Latest total assets as of September 2025: $10.02 Billion USD
Based on the latest financial reports, Lundin Mining Corporation (LUNMF) holds total assets worth $10.02 Billion USD as of September 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.
Lundin Mining Corporation - Total Assets Trend (2001–2024)
This chart illustrates how Lundin Mining Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lundin Mining Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Lundin Mining Corporation's total assets of $10.02 Billion consist of 28.2% current assets and 71.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.4% |
| Accounts Receivable | $482.75 Million | 4.6% |
| Inventory | $590.68 Million | 5.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $35.39 Million | 0.3% |
| Goodwill | $134.28 Million | 1.3% |
Asset Composition Trend (2001–2024)
This chart illustrates how Lundin Mining Corporation'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: Lundin Mining Corporation's current assets represent 28.2% of total assets in 2024, an increase from 8.5% in 2001.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2024, up from 1.2% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is inventory at 5.7% of total assets.
Lundin Mining Corporation Competitors by Total Assets
Key competitors of Lundin Mining Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
|
China | CN¥91.90 Billion |
|
North Copper Shanxi Co Ltd
SHE:000737
|
China | CN¥19.47 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
China | CN¥54.36 Billion |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
China | CN¥47.86 Billion |
|
Poongsan Holdi
KO:005810
|
Korea | ₩1.35 Trillion |
|
First Copper Technology Co Ltd
TW:2009
|
Taiwan | NT$10.15 Billion |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
|
China | CN¥9.38 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.21 Billion |
Lundin Mining Corporation - 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 - Lundin Mining Corporation generates 0.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Lundin Mining Corporation is currently not profitable relative to its asset base.
Lundin Mining Corporation - 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 | 1.51 | 1.40 | 1.43 |
| Quick Ratio | 0.96 | 0.96 | 0.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $558.75 Million | $ 546.56 Million | $ 250.54 Million |
Lundin Mining Corporation - Advanced Valuation Insights
This section examines the relationship between Lundin Mining Corporation'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 | 3.69 |
| Latest Market Cap to Assets Ratio | 0.43 |
| Asset Growth Rate (YoY) | -4.2% |
| Total Assets | $10.41 Billion |
| Market Capitalization | $4.52 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Lundin Mining Corporation's assets below their book value (0.43 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Lundin Mining Corporation's assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Lundin Mining Corporation (2001–2024)
The table below shows the annual total assets of Lundin Mining Corporation from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $10.41 Billion | -4.18% |
| 2023-12-31 | $10.86 Billion | +32.89% |
| 2022-12-31 | $8.17 Billion | +7.02% |
| 2021-12-31 | $7.64 Billion | +8.19% |
| 2020-12-31 | $7.06 Billion | +2.04% |
| 2019-12-31 | $6.92 Billion | +16.55% |
| 2018-12-31 | $5.93 Billion | -5.59% |
| 2017-12-31 | $6.29 Billion | +2.34% |
| 2016-12-31 | $6.14 Billion | -9.40% |
| 2015-12-31 | $6.78 Billion | -7.46% |
| 2014-12-31 | $7.33 Billion | +65.31% |
| 2013-12-31 | $4.43 Billion | +11.07% |
| 2012-12-31 | $3.99 Billion | +3.26% |
| 2011-12-31 | $3.86 Billion | +0.81% |
| 2010-12-31 | $3.83 Billion | +2.49% |
| 2009-12-31 | $3.74 Billion | +0.96% |
| 2008-12-31 | $3.70 Billion | -21.37% |
| 2007-12-31 | $4.71 Billion | +66.48% |
| 2006-12-31 | $2.83 Billion | +595.59% |
| 2005-12-31 | $406.81 Million | +23.42% |
| 2004-12-31 | $329.61 Million | +2040.71% |
| 2003-12-31 | $15.40 Million | +110.27% |
| 2002-12-31 | $7.32 Million | +64.77% |
| 2001-12-31 | $4.44 Million | -- |