Magnum Mining and Exploration Limited
Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties in Australia and the United States. The company's flagship project includes the Buena Vista magnetite iron ore project located in Nevada, United States. Magnum Mining and Exploration Limited was incorporated in 1986 and is based in Melbourne, Australia.
Magnum Mining and Exploration Limited (MGUFF) - Total Assets
Latest total assets as of December 2024: $10.75 Million USD
Based on the latest financial reports, Magnum Mining and Exploration Limited (MGUFF) holds total assets worth $10.75 Million 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.
Magnum Mining and Exploration Limited - Total Assets Trend (2020–2024)
This chart illustrates how Magnum Mining and Exploration Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Magnum Mining and Exploration Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Magnum Mining and Exploration Limited's total assets of $10.75 Million consist of 4.9% current assets and 95.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.3% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2020–2024)
This chart illustrates how Magnum Mining and Exploration Limited'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: Magnum Mining and Exploration Limited's current assets represent 4.9% of total assets in 2024, a decrease from 16.4% in 2020.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2024, down from 7.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Magnum Mining and Exploration Limited Competitors by Total Assets
Key competitors of Magnum Mining and Exploration Limited 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 |
Magnum Mining and Exploration Limited - 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 - Magnum Mining and Exploration Limited generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Magnum Mining and Exploration Limited is currently not profitable relative to its asset base.
Magnum Mining and Exploration Limited - 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 | 1.39 | 8.27 | 4.21 |
| Quick Ratio | 1.39 | 8.27 | 4.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $146.42K | $ 2.56 Million | $ 4.03 Million |
Magnum Mining and Exploration Limited - Advanced Valuation Insights
This section examines the relationship between Magnum Mining and Exploration Limited'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 | 3.07 |
| Latest Market Cap to Assets Ratio | 0.77 |
| Asset Growth Rate (YoY) | -14.4% |
| Total Assets | $10.75 Million |
| Market Capitalization | $8.32 Million USD |
Valuation Analysis
Below Book Valuation: The market values Magnum Mining and Exploration Limited's assets below their book value (0.77 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Magnum Mining and Exploration Limited's assets decreased by 14.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Magnum Mining and Exploration Limited (2020–2024)
The table below shows the annual total assets of Magnum Mining and Exploration Limited from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $10.75 Million | -14.35% |
| 2023-12-31 | $12.55 Million | -0.17% |
| 2022-12-31 | $12.57 Million | +21.16% |
| 2021-12-31 | $10.38 Million | +292.13% |
| 2020-12-31 | $2.65 Million | -- |