Spearmint Resources Inc
Spearmint Resources Inc., an exploration stage company, engages in the identification, acquisition, and exploration of mineral properties in Canada and the United States. The company explores for antimony, tungsten, and lithium deposits. The company was formerly known as Indefinitely Capital Corp. and changed its name to Spearmint Resources Inc. in February 2012. Spearmint Resources Inc. was inco… Read more
Spearmint Resources Inc (SPMTF) - Total Assets
Latest total assets as of January 2025: $2.19 Million USD
Based on the latest financial reports, Spearmint Resources Inc (SPMTF) holds total assets worth $2.19 Million USD as of January 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.
Spearmint Resources Inc - Total Assets Trend (2010–2025)
This chart illustrates how Spearmint Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spearmint Resources Inc - Asset Composition Analysis
Current Asset Composition (January 2025)
Spearmint Resources Inc's total assets of $2.19 Million consist of 8.8% current assets and 91.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.7% |
| Accounts Receivable | $5.55K | 0.3% |
| 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 (2010–2025)
This chart illustrates how Spearmint Resources 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: Spearmint Resources Inc's current assets represent 8.8% of total assets in 2025, a decrease from 100.0% in 2010.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2025, down from 94.7% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
Spearmint Resources Inc Competitors by Total Assets
Key competitors of Spearmint Resources Inc 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 |
Spearmint Resources 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 - Spearmint Resources 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 - Spearmint Resources Inc is currently not profitable relative to its asset base.
Spearmint Resources 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 | 0.79 | 3.77 | 0.25 |
| Quick Ratio | 0.79 | 4.04 | 0.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-50.94K | $ 149.26K | $ -390.76K |
Spearmint Resources Inc - Advanced Valuation Insights
This section examines the relationship between Spearmint Resources 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 | 11.95 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -44.4% |
| Total Assets | $2.19 Million |
| Market Capitalization | $388.16K USD |
Valuation Analysis
Below Book Valuation: The market values Spearmint Resources Inc's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Spearmint Resources Inc's assets decreased by 44.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Spearmint Resources Inc (2010–2025)
The table below shows the annual total assets of Spearmint Resources Inc from 2010 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-01-31 | $2.19 Million | -44.43% |
| 2024-01-31 | $3.95 Million | -8.52% |
| 2023-01-31 | $4.32 Million | -22.15% |
| 2022-01-31 | $5.54 Million | +39.22% |
| 2021-01-31 | $3.98 Million | +132.50% |
| 2020-01-31 | $1.71 Million | -9.47% |
| 2019-01-31 | $1.89 Million | +22.35% |
| 2018-01-31 | $1.55 Million | +74.84% |
| 2017-01-31 | $884.25K | +932.45% |
| 2016-01-31 | $85.65K | -61.94% |
| 2015-01-31 | $225.04K | -9.66% |
| 2014-01-31 | $249.10K | -13.95% |
| 2013-01-31 | $289.49K | +2.17% |
| 2012-01-31 | $283.34K | +56.22% |
| 2011-01-31 | $181.38K | +179.88% |
| 2010-01-31 | $64.81K | -- |