Makara Mining Corp
Hardcore Discoveries Ltd., a mineral exploration company, focuses on the acquisition, exploration, and development of mineral properties. The company was formerly known as Makara Mining Corp. and changed its name to Hardcore Discoveries Ltd. in December 2023. Hardcore Discoveries Ltd. was incorporated in 2019 and is headquartered in Vancouver, Canada.
Makara Mining Corp (MAKAF) - Total Assets
Latest total assets as of September 2025: $320.23K USD
Based on the latest financial reports, Makara Mining Corp (MAKAF) holds total assets worth $320.23K 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.
Makara Mining Corp - Total Assets Trend (2019–2024)
This chart illustrates how Makara Mining Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Makara Mining Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Makara Mining Corp's total assets of $320.23K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 32.8% |
| Accounts Receivable | $268.04K | 67.2% |
| 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 Makara Mining 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: Makara Mining Corp's current assets represent 100.0% of total assets in 2024, an increase from 89.5% in 2019.
- Cash Position: Cash and equivalents constituted 32.8% of total assets in 2024, down from 89.2% 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 67.2% of total assets.
Makara Mining Corp Competitors by Total Assets
Key competitors of Makara Mining Corp 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 |
Makara Mining 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 - Makara Mining 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
Moderate ROA - For every $100 in assets, Makara Mining Corp generates $ 0.04 in net profit.
Makara Mining 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 | 0.05 | 0.02 | 15.78 |
| Quick Ratio | 0.05 | 0.02 | 17.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-986.25K | $ -1.53 Million | $ 492.16K |
Makara Mining Corp - Advanced Valuation Insights
This section examines the relationship between Makara Mining 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 | 2.06 |
| Latest Market Cap to Assets Ratio | 2.42 |
| Asset Growth Rate (YoY) | 1703.7% |
| Total Assets | $399.03K |
| Market Capitalization | $966.06K USD |
Valuation Analysis
Premium Asset Valuation: The market values Makara Mining Corp's assets at a significant premium ( 2.42x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Makara Mining Corp's assets grew by 1703.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Makara Mining Corp (2019–2024)
The table below shows the annual total assets of Makara Mining Corp from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $399.03K | +1703.70% |
| 2023-12-31 | $22.12K | -89.48% |
| 2022-12-31 | $210.33K | -73.40% |
| 2021-12-31 | $790.70K | -8.32% |
| 2020-12-31 | $862.47K | +126.82% |
| 2019-12-31 | $380.24K | -- |