Metals X Limited
Metals X Limited engages in the production of tin in Australia. The company holds a 50% interest in the Renison tin project located on the Northwest Tasmania. It also invests in companies undertaking exploration and development of tin, gold, and base metals projects. Metals X Limited was incorporated in 2004 and is based in South Perth, Australia.
Metals X Limited (MLXEF) - Total Assets
Latest total assets as of June 2025: $366.07 Million USD
Based on the latest financial reports, Metals X Limited (MLXEF) holds total assets worth $366.07 Million 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.
Metals X Limited - Total Assets Trend (2005–2024)
This chart illustrates how Metals X Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Metals X Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Metals X Limited's total assets of $366.07 Million consist of 53.8% current assets and 46.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 43.7% |
| Accounts Receivable | $8.67 Million | 1.7% |
| Inventory | $37.57 Million | 7.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Metals X 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: Metals X Limited's current assets represent 53.8% of total assets in 2024, an increase from 11.4% in 2005.
- Cash Position: Cash and equivalents constituted 43.7% of total assets in 2024, up from 7.6% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 7.4% of total assets.
Metals X Limited Competitors by Total Assets
Key competitors of Metals X 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 |
Metals X 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
Moderate asset utilization - Metals X Limited generates 0.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Metals X Limited generates $ 20.27 in net profit.
Metals X 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 | 7.50 | 6.25 | 0.97 |
| Quick Ratio | 6.89 | 5.44 | 0.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $178.21 Million | $ 129.84 Million | $ -1.31 Million |
Metals X Limited - Advanced Valuation Insights
This section examines the relationship between Metals X 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 | 2.23 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | 22.0% |
| Total Assets | $505.03 Million |
| Market Capitalization | $213.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Metals X Limited's assets below their book value (0.42 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Metals X Limited's assets grew by 22.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Metals X Limited (2005–2024)
The table below shows the annual total assets of Metals X Limited from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $505.03 Million | +22.03% |
| 2023-12-31 | $413.86 Million | +16.52% |
| 2022-12-31 | $355.20 Million | +1.00% |
| 2021-12-31 | $351.68 Million | +91.76% |
| 2020-12-31 | $183.40 Million | +22.30% |
| 2019-12-31 | $149.96 Million | -19.58% |
| 2018-12-31 | $186.48 Million | -28.63% |
| 2017-12-31 | $261.29 Million | -7.69% |
| 2016-12-31 | $283.05 Million | -52.75% |
| 2015-12-31 | $598.99 Million | +22.91% |
| 2014-12-31 | $487.34 Million | +13.03% |
| 2013-12-31 | $431.16 Million | +47.04% |
| 2012-12-31 | $293.22 Million | +27.53% |
| 2011-12-31 | $229.92 Million | -16.40% |
| 2010-12-31 | $275.03 Million | +25.77% |
| 2009-12-31 | $218.68 Million | +5.21% |
| 2008-12-31 | $207.84 Million | -20.44% |
| 2007-12-31 | $261.24 Million | +32.48% |
| 2006-12-31 | $197.19 Million | +161.65% |
| 2005-12-31 | $75.36 Million | -- |