Premier African Minerals Limited
Premier African Minerals Limited, together with its subsidiaries, engages in the investment, mining, exploration, evaluation, and development of natural resource properties on the African continent. It explores for tungsten, lithium, tantalum, fluorspar, rare earth elements, and gold deposits. The company was formerly known as G&B African Resources Limited and changed its name to Premier African … Read more
Premier African Minerals Limited (PRMMF) - Total Assets
Latest total assets as of December 2024: $66.39 Million USD
Based on the latest financial reports, Premier African Minerals Limited (PRMMF) holds total assets worth $66.39 Million USD as of December 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.
Premier African Minerals Limited - Total Assets Trend (2019–2024)
This chart illustrates how Premier African Minerals Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Premier African Minerals Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Premier African Minerals Limited's total assets of $66.39 Million consist of 8.8% current assets and 91.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $628.00K | 1.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Premier African Minerals Limited'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: Premier African Minerals Limited's current assets represent 8.8% of total assets in 2024, an increase from 0.8% in 2019.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 0.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 1.0% of total assets.
Premier African Minerals Limited Competitors by Total Assets
Key competitors of Premier African Minerals Limited 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 |
Premier African Minerals Limited - 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 - Premier African Minerals Limited 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 - Premier African Minerals Limited is currently not profitable relative to its asset base.
Premier African Minerals Limited - 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 | 0.10 | 0.13 | 1.76 |
| Quick Ratio | 0.09 | 0.11 | 1.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-52.76 Million | $ -43.76 Million | $ 583.00K |
Premier African Minerals Limited - Advanced Valuation Insights
This section examines the relationship between Premier African Minerals Limited'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 | 0.49 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 1.9% |
| Total Assets | $66.39 Million |
| Market Capitalization | $1.86 Million USD |
Valuation Analysis
Below Book Valuation: The market values Premier African Minerals Limited's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Premier African Minerals Limited's assets grew by 1.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Premier African Minerals Limited (2019–2024)
The table below shows the annual total assets of Premier African Minerals Limited from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $66.39 Million | +1.93% |
| 2023-12-31 | $65.13 Million | +27.57% |
| 2022-12-31 | $51.05 Million | +232.07% |
| 2021-12-31 | $15.38 Million | +67.17% |
| 2020-12-31 | $9.20 Million | +22.56% |
| 2019-12-31 | $7.50 Million | -- |