Norra Metals Corp
Norra Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of resource properties in Norway and Canada. It explores for copper, zinc, silver, gold, and lead deposits. The company holds a 100% interest in the Pyramid copper property located in northern British Columbia, Canada. It also has an option to acquire 100% interests in the Bleikvassli projec… Read more
Norra Metals Corp (NRRMF) - Total Assets
Latest total assets as of August 2022: $155.67K USD
Based on the latest financial reports, Norra Metals Corp (NRRMF) holds total assets worth $155.67K USD as of August 2022.
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.
Norra Metals Corp - Total Assets Trend (2008–2021)
This chart illustrates how Norra Metals Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Norra Metals Corp - Asset Composition Analysis
Current Asset Composition (November 2021)
Norra Metals Corp's total assets of $155.67K consist of 63.6% current assets and 36.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 57.3% |
| 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 (2008–2021)
This chart illustrates how Norra Metals 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: Norra Metals Corp's current assets represent 63.6% of total assets in 2021, a decrease from 100.0% in 2008.
- Cash Position: Cash and equivalents constituted 57.3% of total assets in 2021, down from 97.4% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Norra Metals Corp Competitors by Total Assets
Key competitors of Norra Metals 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 |
Norra Metals 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 - Norra Metals 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 - Norra Metals Corp is currently not profitable relative to its asset base.
Norra Metals 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 | 0.20 | 0.34 | 3.08 |
| Quick Ratio | 0.20 | 0.34 | 3.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-567.68K | $ -311.56K | $ 309.59K |
Norra Metals Corp - Advanced Valuation Insights
This section examines the relationship between Norra Metals 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 | 31.94 |
| Latest Market Cap to Assets Ratio | 19.97 |
| Asset Growth Rate (YoY) | -93.3% |
| Total Assets | $48.13K |
| Market Capitalization | $961.07K USD |
Valuation Analysis
Premium Asset Valuation: The market values Norra Metals Corp's assets at a significant premium ( 19.97x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Norra Metals Corp's assets decreased by 93.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Norra Metals Corp (2008–2021)
The table below shows the annual total assets of Norra Metals Corp from 2008 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-11-30 | $48.13K | -93.35% |
| 2020-11-30 | $723.43K | +157.87% |
| 2019-11-30 | $280.54K | -19.59% |
| 2018-11-30 | $348.89K | -27.20% |
| 2017-11-30 | $479.24K | -46.96% |
| 2016-11-30 | $903.56K | -36.95% |
| 2015-11-30 | $1.43 Million | +62.04% |
| 2014-11-30 | $884.43K | +5.62% |
| 2013-11-30 | $837.40K | +238.65% |
| 2012-11-30 | $247.28K | -27.95% |
| 2011-11-30 | $343.22K | -35.45% |
| 2010-11-30 | $531.73K | -4.53% |
| 2009-11-30 | $556.93K | -3.58% |
| 2008-11-30 | $577.59K | -- |