Northern Shield Resources Inc
Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. The company explores for nickel, copper, gold, silver, and tellurium deposits, as well as platinum group metals. Its flagship property is the Root & Cellar Au-Ag-Te-(Cu) property that consists of 16 mineral licenses covering an area of approx… Read more
Northern Shield Resources Inc (NSHRF) - Total Assets
Latest total assets as of September 2025: $3.43 Million USD
Based on the latest financial reports, Northern Shield Resources Inc (NSHRF) holds total assets worth $3.43 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.
Northern Shield Resources Inc - Total Assets Trend (2002–2024)
This chart illustrates how Northern Shield Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Northern Shield Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Northern Shield Resources Inc's total assets of $3.43 Million consist of 16.9% current assets and 83.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.0% |
| Accounts Receivable | $46.82K | 1.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $217.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Northern Shield Resources Inc'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 Shield Resources Inc's current assets represent 16.9% of total assets in 2024, a decrease from 97.0% in 2002.
- Cash Position: Cash and equivalents constituted 13.0% of total assets in 2024, down from 87.5% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 1.6% of total assets.
Northern Shield Resources Inc Competitors by Total Assets
Key competitors of Northern Shield Resources Inc 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 |
Northern Shield Resources Inc - 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 Shield Resources Inc 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 Shield Resources Inc is currently not profitable relative to its asset base.
Northern Shield Resources Inc - 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 | 0.67 | 0.46 | 4.03 |
| Quick Ratio | 0.67 | 0.46 | 3.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-174.71K | $ -237.21K | $ 1.47 Million |
Northern Shield Resources Inc - Advanced Valuation Insights
This section examines the relationship between Northern Shield Resources Inc'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 | 6.99 |
| Latest Market Cap to Assets Ratio | 0.27 |
| Asset Growth Rate (YoY) | -50.6% |
| Total Assets | $2.98 Million |
| Market Capitalization | $799.43K USD |
Valuation Analysis
Below Book Valuation: The market values Northern Shield Resources Inc's assets below their book value (0.27 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Northern Shield Resources Inc's assets decreased by 50.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Northern Shield Resources Inc (2002–2024)
The table below shows the annual total assets of Northern Shield Resources Inc from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.98 Million | -50.56% |
| 2023-12-31 | $6.02 Million | +4.35% |
| 2022-12-31 | $5.77 Million | +1.01% |
| 2021-12-31 | $5.71 Million | +3.86% |
| 2020-12-31 | $5.50 Million | +95.88% |
| 2019-12-31 | $2.81 Million | +52.23% |
| 2018-12-31 | $1.84 Million | -35.86% |
| 2017-12-31 | $2.87 Million | -25.58% |
| 2016-12-31 | $3.86 Million | +559.58% |
| 2015-12-31 | $585.57K | -85.68% |
| 2014-12-31 | $4.09 Million | -54.83% |
| 2013-12-31 | $9.05 Million | -12.70% |
| 2012-12-31 | $10.37 Million | +39.23% |
| 2011-12-31 | $7.45 Million | +33.43% |
| 2010-12-31 | $5.58 Million | +21.69% |
| 2009-12-31 | $4.59 Million | -6.09% |
| 2008-12-31 | $4.89 Million | +66.50% |
| 2007-12-31 | $2.93 Million | -6.35% |
| 2006-12-31 | $3.13 Million | +13.48% |
| 2005-12-31 | $2.76 Million | +13.87% |
| 2004-12-31 | $2.42 Million | +82.83% |
| 2003-12-31 | $1.33 Million | +625.70% |
| 2002-12-31 | $182.74K | -- |