Nortec Minerals Corp
Nortec Minerals Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Canada, Ecuador, and Finland. The company explores for gold, zinc, copper, lead, silver, base metal, and lithium deposits. Nortec Minerals Corp. is headquartered in Vancouver, Canada.
Nortec Minerals Corp (NMNZF) - Total Assets
Latest total assets as of September 2025: $173.13K USD
Based on the latest financial reports, Nortec Minerals Corp (NMNZF) holds total assets worth $173.13K 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.
Nortec Minerals Corp - Total Assets Trend (2000–2024)
This chart illustrates how Nortec Minerals Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nortec Minerals Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Nortec Minerals Corp's total assets of $173.13K consist of 98.8% current assets and 1.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 80.3% |
| Accounts Receivable | $89.71K | 17.7% |
| 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 (2000–2024)
This chart illustrates how Nortec Minerals 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: Nortec Minerals Corp's current assets represent 98.8% of total assets in 2024, an increase from 53.6% in 2000.
- Cash Position: Cash and equivalents constituted 80.3% of total assets in 2024, up from 53.6% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 17.7% of total assets.
Nortec Minerals Corp Competitors by Total Assets
Key competitors of Nortec Minerals Corp 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 |
Nortec Minerals 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 - Nortec Minerals 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
Excellent ROA - For every $100 in assets, Nortec Minerals Corp generates $ 30.47 in net profit.
Nortec Minerals 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 | 0.75 | 0.88 | 0.12 |
| Quick Ratio | 0.75 | 0.88 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-52.77K | $ -60.56K | $ -750.68K |
Nortec Minerals Corp - Advanced Valuation Insights
This section examines the relationship between Nortec Minerals 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 | 1.67 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 45.3% |
| Total Assets | $506.32K |
| Market Capitalization | $56.78K USD |
Valuation Analysis
Below Book Valuation: The market values Nortec Minerals Corp's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Nortec Minerals Corp's assets grew by 45.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nortec Minerals Corp (2000–2024)
The table below shows the annual total assets of Nortec Minerals Corp from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $506.32K | +45.25% |
| 2023-12-31 | $348.58K | -40.99% |
| 2022-12-31 | $590.68K | +184.63% |
| 2021-12-31 | $207.52K | -93.67% |
| 2020-12-31 | $3.28 Million | +1.23% |
| 2019-12-31 | $3.24 Million | +78.56% |
| 2018-12-31 | $1.81 Million | +38.30% |
| 2017-12-31 | $1.31 Million | +54.30% |
| 2016-12-31 | $850.51K | +148.37% |
| 2015-12-31 | $342.44K | -95.43% |
| 2014-12-31 | $7.49 Million | -17.64% |
| 2013-12-31 | $9.09 Million | -0.89% |
| 2012-12-31 | $9.17 Million | -21.91% |
| 2011-12-31 | $11.74 Million | +20.86% |
| 2010-12-31 | $9.72 Million | +6.66% |
| 2009-12-31 | $9.11 Million | +26.63% |
| 2008-12-31 | $7.20 Million | +10.79% |
| 2007-12-31 | $6.49 Million | +137.85% |
| 2006-12-31 | $2.73 Million | +48.76% |
| 2005-12-31 | $1.84 Million | +207.39% |
| 2004-12-31 | $597.09K | +438.23% |
| 2003-12-31 | $110.94K | +3897.66% |
| 2002-12-31 | $2.77K | -98.27% |
| 2001-12-31 | $160.40K | +42.37% |
| 2000-12-31 | $112.67K | -- |