North Bay Resources
North Bay Resources Inc. operates as a natural resources exploration company in North America. The company explores for gold, silver, copper, platinum, palladium, rhodium, iridium, osmium, and wollastonite deposits, as well as vanadium, crystalline flake graphite, and rare earth elements. It holds 100% interest in the Mount Washington project located in Vancouver Island; and the Tulameen platinum… Read more
North Bay Resources (NBRI) - Total Assets
Latest total assets as of September 2025: $1.08 Million USD
Based on the latest financial reports, North Bay Resources (NBRI) holds total assets worth $1.08 Million 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.
North Bay Resources - Total Assets Trend (2009–2024)
This chart illustrates how North Bay Resources’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
North Bay Resources - Asset Composition Analysis
Current Asset Composition (December 2024)
North Bay Resources's total assets of $1.08 Million consist of 64.9% current assets and 35.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.2% |
| 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 (2009–2024)
This chart illustrates how North Bay Resources'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: North Bay Resources's current assets represent 64.9% of total assets in 2024, a decrease from 100.0% in 2009.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2024, down from 71.5% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
North Bay Resources Competitors by Total Assets
Key competitors of North Bay Resources based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
North Bay Resources - 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 - North Bay Resources 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 - North Bay Resources is currently not profitable relative to its asset base.
North Bay Resources - 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 | 0.16 | 0.12 | 0.00 |
| Quick Ratio | 0.16 | 0.12 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.45 Million | $ -4.03 Million | $ -3.14 Million |
North Bay Resources - Advanced Valuation Insights
This section examines the relationship between North Bay Resources'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 9179.6% |
| Total Assets | $719.82K |
| Market Capitalization | $7.87 USD |
Valuation Analysis
Below Book Valuation: The market values North Bay Resources's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: North Bay Resources's assets grew by 9179.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for North Bay Resources (2009–2024)
The table below shows the annual total assets of North Bay Resources from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $719.82K | +9179.63% |
| 2023-12-31 | $7.76K | +31.54% |
| 2022-12-31 | $5.90K | -37.47% |
| 2021-12-31 | $9.43K | -58.98% |
| 2020-12-31 | $22.99K | +22.43% |
| 2019-12-31 | $18.78K | -45.72% |
| 2018-12-31 | $34.60K | -6.49% |
| 2017-12-31 | $37.00K | -13.25% |
| 2016-12-31 | $42.65K | -98.30% |
| 2015-12-31 | $2.51 Million | -4.24% |
| 2014-12-31 | $2.62 Million | -7.23% |
| 2013-12-31 | $2.82 Million | +5.38% |
| 2012-12-31 | $2.68 Million | -8.90% |
| 2011-12-31 | $2.94 Million | +551.56% |
| 2010-12-31 | $450.89K | +684.39% |
| 2009-12-31 | $57.48K | -- |