Pershing Resources Company Inc
Pershing Resources Company, Inc. explores for and develops precious and base metals in Arizona and Nevada. It primarily explores for gold, copper, and silver deposits. The company focuses on the development of its 100% owned New Enterprise project located in Kingman, Arizona. It also holds interest in other exploration properties located in Arizona and Nevada. The company was formerly known as Xe… Read more
Pershing Resources Company Inc (PSGR) - Total Assets
Latest total assets as of December 2024: $560.92K USD
Based on the latest financial reports, Pershing Resources Company Inc (PSGR) holds total assets worth $560.92K 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.
Pershing Resources Company Inc - Total Assets Trend (2013–2024)
This chart illustrates how Pershing Resources Company Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pershing Resources Company Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Pershing Resources Company Inc's total assets of $560.92K consist of 5.8% current assets and 94.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| 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 | $177.51K | 31.7% |
Asset Composition Trend (2013–2024)
This chart illustrates how Pershing Resources Company 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: Pershing Resources Company Inc's current assets represent 5.8% of total assets in 2024, an increase from 1.0% in 2013.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 1.0% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 31.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is goodwill at 31.7% of total assets.
Pershing Resources Company Inc Competitors by Total Assets
Key competitors of Pershing Resources Company Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
|
China | CN¥91.90 Billion |
|
North Copper Shanxi Co Ltd
SHE:000737
|
China | CN¥19.47 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
China | CN¥54.36 Billion |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
China | CN¥47.86 Billion |
|
Poongsan Holdi
KO:005810
|
Korea | ₩1.35 Trillion |
|
First Copper Technology Co Ltd
TW:2009
|
Taiwan | NT$10.15 Billion |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
|
China | CN¥9.38 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.21 Billion |
Pershing Resources Company 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 - Pershing Resources Company 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 - Pershing Resources Company Inc is currently not profitable relative to its asset base.
Pershing Resources Company 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 | 0.04 | 0.06 | 0.26 |
| Quick Ratio | 0.04 | 0.06 | 0.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-811.55K | $ -558.87K | $ -101.15K |
Pershing Resources Company Inc - Advanced Valuation Insights
This section examines the relationship between Pershing Resources Company 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 | - |
| Latest Market Cap to Assets Ratio | 5.55 |
| Asset Growth Rate (YoY) | 44.0% |
| Total Assets | $560.92K |
| Market Capitalization | $3.11 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Pershing Resources Company Inc's assets at a significant premium ( 5.55x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Pershing Resources Company Inc's assets grew by 44.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Pershing Resources Company Inc (2013–2024)
The table below shows the annual total assets of Pershing Resources Company Inc from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $560.92K | +44.05% |
| 2023-12-31 | $389.40K | -2.51% |
| 2022-12-31 | $399.42K | +0.08% |
| 2021-12-31 | $399.10K | -2.06% |
| 2020-12-31 | $407.51K | -41.09% |
| 2019-12-31 | $691.81K | -5.80% |
| 2018-12-31 | $734.40K | +102.57% |
| 2017-12-31 | $362.54K | -93.47% |
| 2016-12-31 | $5.55 Million | +876.44% |
| 2015-12-31 | $568.63K | +388.46% |
| 2014-12-31 | $116.41K | +9.93% |
| 2013-12-31 | $105.90K | -- |