Northern Lights Resources Corp
Northern Lights Resources Corp. engages in the acquisition, evaluation, and exploration of mineral resource properties in the United States. The company explores for copper, gold, silver, zinc, and lead deposits. It holds a 100% interest in the Secret Pass Gold project covering an area of 868 hectares located in northwestern Arizona; the Horetzky Copper Project covering an area of 5057 hectares l… Read more
Northern Lights Resources Corp (NLRCF) - Total Assets
Latest total assets as of October 2025: $1.27 Million USD
Based on the latest financial reports, Northern Lights Resources Corp (NLRCF) holds total assets worth $1.27 Million USD as of October 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.
Northern Lights Resources Corp - Total Assets Trend (2011–2025)
This chart illustrates how Northern Lights Resources Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Northern Lights Resources Corp - Asset Composition Analysis
Current Asset Composition (April 2025)
Northern Lights Resources Corp's total assets of $1.27 Million consist of 0.9% current assets and 99.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $2.60K | 0.4% |
| 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 (2011–2025)
This chart illustrates how Northern Lights Resources 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: Northern Lights Resources Corp's current assets represent 0.9% of total assets in 2025, an increase from 0.4% in 2011.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2025, up from 0.1% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Northern Lights Resources Corp Competitors by Total Assets
Key competitors of Northern Lights Resources 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 |
Northern Lights Resources 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 - Northern Lights Resources 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
Negative ROA - Northern Lights Resources Corp is currently not profitable relative to its asset base.
Northern Lights Resources 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 | 0.35 | 0.29 | 5.97 |
| Quick Ratio | 0.35 | 0.29 | 6.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-667.19K | $ -715.75K | $ 701.70K |
Northern Lights Resources Corp - Advanced Valuation Insights
This section examines the relationship between Northern Lights Resources 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 | 26.10 |
| Latest Market Cap to Assets Ratio | 2.34 |
| Asset Growth Rate (YoY) | -74.7% |
| Total Assets | $658.41K |
| Market Capitalization | $1.54 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Northern Lights Resources Corp's assets at a significant premium ( 2.34x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Northern Lights Resources Corp's assets decreased by 74.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Northern Lights Resources Corp (2011–2025)
The table below shows the annual total assets of Northern Lights Resources Corp from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-04-30 | $658.41K | -74.74% |
| 2024-04-30 | $2.61 Million | -30.54% |
| 2023-04-30 | $3.75 Million | +37.44% |
| 2022-04-30 | $2.73 Million | +29.27% |
| 2021-04-30 | $2.11 Million | +117.38% |
| 2020-04-30 | $971.49K | +203.69% |
| 2019-04-30 | $319.89K | +187.71% |
| 2018-04-30 | $111.19K | +2512.50% |
| 2017-04-30 | $4.26K | +79.88% |
| 2016-04-30 | $2.37K | -67.54% |
| 2015-04-30 | $7.29K | +58.48% |
| 2014-04-30 | $4.60K | -92.29% |
| 2013-04-30 | $59.69K | -97.18% |
| 2012-04-30 | $2.12 Million | +0.52% |
| 2011-04-30 | $2.11 Million | -- |