S2 Minerals Inc
FNX Inc. engages in the exploration of mineral properties in Canada. The company holds interest in the Sandy Lake property consisting of 3,225 contiguous mining cell claims that covers an area of approximately 67,604 hectares located in the north of Red Lake, northwestern Ontario. It also holds an option to acquire 100% interest in the Fort Hope project comprising 1,697 single cell mining claims … Read more
S2 Minerals Inc (SMNRF) - Total Assets
Latest total assets as of November 2025: $512.78K USD
Based on the latest financial reports, S2 Minerals Inc (SMNRF) holds total assets worth $512.78K USD as of November 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.
S2 Minerals Inc - Total Assets Trend (2021–2025)
This chart illustrates how S2 Minerals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
S2 Minerals Inc - Asset Composition Analysis
Current Asset Composition (May 2025)
S2 Minerals Inc's total assets of $512.78K consist of 15.7% current assets and 84.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.5% |
| Accounts Receivable | $5.23K | 2.7% |
| 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 (2021–2025)
This chart illustrates how S2 Minerals 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: S2 Minerals Inc's current assets represent 15.7% of total assets in 2025, a decrease from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2025, down from 98.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 2.7% of total assets.
S2 Minerals Inc Competitors by Total Assets
Key competitors of S2 Minerals Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
S2 Minerals 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 - S2 Minerals 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 - S2 Minerals Inc is currently not profitable relative to its asset base.
S2 Minerals 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 | 5.46 | 7.81 | 0.00 |
| Quick Ratio | 5.46 | 7.81 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $293.36K | $ 155.65K | $ -135.41K |
S2 Minerals Inc - Advanced Valuation Insights
This section examines the relationship between S2 Minerals 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 | 5.70 |
| Latest Market Cap to Assets Ratio | 5.42 |
| Asset Growth Rate (YoY) | -65.7% |
| Total Assets | $195.63K |
| Market Capitalization | $1.06 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values S2 Minerals Inc's assets at a significant premium ( 5.42x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: S2 Minerals Inc's assets decreased by 65.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for S2 Minerals Inc (2021–2025)
The table below shows the annual total assets of S2 Minerals Inc from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | $195.63K | -65.67% |
| 2024-05-31 | $569.92K | -53.68% |
| 2023-05-31 | $1.23 Million | -33.05% |
| 2022-05-31 | $1.84 Million | +51.17% |
| 2021-05-31 | $1.22 Million | -- |