NexGen Mining Incorporated
NexGen Mining Incorporated, a junior mining company, engages in the exploration, mining, and production of precious metals. The company primarily explores for gold, silver, copper, lead, zinc, and other precious and base metals. It holds interests in the Old Dominion mine situated north of Reno, Nevada; the Koegel Hills property that consists of 10 unpatented claims encompassing 200 acres located… Read more
NexGen Mining Incorporated (NXGM) - Total Assets
Latest total assets as of March 2024: $21.40K USD
Based on the latest financial reports, NexGen Mining Incorporated (NXGM) holds total assets worth $21.40K USD as of March 2024.
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.
NexGen Mining Incorporated - Total Assets Trend (2011–2023)
This chart illustrates how NexGen Mining Incorporated’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NexGen Mining Incorporated - Asset Composition Analysis
Current Asset Composition (December 2023)
NexGen Mining Incorporated's total assets of $21.40K consist of 94.5% current assets and 5.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 19.3% |
| 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 (2011–2023)
This chart illustrates how NexGen Mining Incorporated'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: NexGen Mining Incorporated's current assets represent 94.5% of total assets in 2023, an increase from 93.4% in 2011.
- Cash Position: Cash and equivalents constituted 19.3% of total assets in 2023, up from 6.0% 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 goodwill at 0.0% of total assets.
NexGen Mining Incorporated Competitors by Total Assets
Key competitors of NexGen Mining Incorporated 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 |
NexGen Mining Incorporated - 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 - NexGen Mining Incorporated 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 - NexGen Mining Incorporated is currently not profitable relative to its asset base.
NexGen Mining Incorporated - 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 | 0.02 | 0.01 | 0.37 |
| Quick Ratio | 0.02 | 0.01 | 0.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.17 Million | $ -848.75K | $ -637.89K |
NexGen Mining Incorporated - Advanced Valuation Insights
This section examines the relationship between NexGen Mining Incorporated'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 | 0.85 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -22.8% |
| Total Assets | $11.16K |
| Market Capitalization | $1.87K USD |
Valuation Analysis
Below Book Valuation: The market values NexGen Mining Incorporated's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: NexGen Mining Incorporated's assets decreased by 22.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NexGen Mining Incorporated (2011–2023)
The table below shows the annual total assets of NexGen Mining Incorporated from 2011 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $11.16K | -22.84% |
| 2022-12-31 | $14.46K | -90.66% |
| 2021-12-31 | $154.80K | -2.41% |
| 2020-12-31 | $158.63K | -48.64% |
| 2019-12-31 | $308.86K | -55.07% |
| 2018-12-31 | $687.47K | -69.66% |
| 2017-12-31 | $2.27 Million | +5.70% |
| 2016-12-31 | $2.14 Million | +5.87% |
| 2015-12-31 | $2.03 Million | -40.13% |
| 2014-12-31 | $3.38 Million | +24.30% |
| 2013-12-31 | $2.72 Million | -42.05% |
| 2011-12-31 | $4.70 Million | -- |