Pasinex Resources Limited
Pasinex Resources Limited, through its subsidiary, engages in the acquisition, exploration, and development of mineral properties. It explores for zinc, lead, and silver deposits. The company holds 100% interest in the Pinargozu zinc mine; and the Akkaya property located in Adana Province, Turkey. It also holds 51% interest, with an option to increase to an 80% interest in the Gunman project loca… Read more
Pasinex Resources Limited (PSXRF) - Total Assets
Latest total assets as of September 2024: $3.70 Million USD
Based on the latest financial reports, Pasinex Resources Limited (PSXRF) holds total assets worth $3.70 Million USD as of September 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.
Pasinex Resources Limited - Total Assets Trend (2013–2023)
This chart illustrates how Pasinex Resources Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pasinex Resources Limited - Asset Composition Analysis
Current Asset Composition (December 2023)
Pasinex Resources Limited's total assets of $3.70 Million consist of 11.0% current assets and 89.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.9% |
| Accounts Receivable | $11.59K | 0.4% |
| 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 (2013–2023)
This chart illustrates how Pasinex Resources 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: Pasinex Resources Limited's current assets represent 11.0% of total assets in 2023, a decrease from 17.8% in 2013.
- Cash Position: Cash and equivalents constituted 5.9% of total assets in 2023, up from 4.2% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Pasinex Resources Limited Competitors by Total Assets
Key competitors of Pasinex Resources 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 |
Pasinex Resources 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 - Pasinex Resources 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 - Pasinex Resources Limited is currently not profitable relative to its asset base.
Pasinex Resources 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 | 0.03 | 0.21 | 0.04 |
| Quick Ratio | 0.03 | 0.25 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.79 Million | $ -2.23 Million | $ -2.13 Million |
Pasinex Resources Limited - Advanced Valuation Insights
This section examines the relationship between Pasinex Resources 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 | 0.76 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -25.9% |
| Total Assets | $3.02 Million |
| Market Capitalization | $511.30K USD |
Valuation Analysis
Below Book Valuation: The market values Pasinex Resources Limited's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Pasinex Resources Limited's assets decreased by 25.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Pasinex Resources Limited (2013–2023)
The table below shows the annual total assets of Pasinex Resources Limited from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $3.02 Million | -25.90% |
| 2022-12-31 | $4.08 Million | +42.15% |
| 2021-12-31 | $2.87 Million | +35.84% |
| 2020-12-31 | $2.11 Million | -2.35% |
| 2019-12-31 | $2.17 Million | -5.08% |
| 2018-12-31 | $2.28 Million | -80.38% |
| 2017-12-31 | $11.62 Million | +185.87% |
| 2016-12-31 | $4.07 Million | +71.63% |
| 2015-12-31 | $2.37 Million | +32.97% |
| 2014-12-31 | $1.78 Million | +61.06% |
| 2013-12-31 | $1.11 Million | -- |