Sparton Resources Inc
Sparton Resources Inc., an exploration and development stage company, engages in the exploration and evaluation of properties in Canada. It explores for gold and base metal properties. The company also engages in the development of the vanadium redox flow battery. Sparton Resources Inc. was incorporated in 1982 and is headquartered in Toronto, Canada.
Sparton Resources Inc (SPNRF) - Total Assets
Latest total assets as of September 2025: $1.80 Million USD
Based on the latest financial reports, Sparton Resources Inc (SPNRF) holds total assets worth $1.80 Million USD as of September 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.
Sparton Resources Inc - Total Assets Trend (2001–2024)
This chart illustrates how Sparton Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sparton Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Sparton Resources Inc's total assets of $1.80 Million consist of 10.9% current assets and 89.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $192.89K | 10.1% |
| 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 (2001–2024)
This chart illustrates how Sparton 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: Sparton Resources Inc's current assets represent 10.9% of total assets in 2024, an increase from 6.4% in 2001.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, down from 6.2% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 10.1% of total assets.
Sparton Resources Inc Competitors by Total Assets
Key competitors of Sparton 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 |
Sparton 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 - Sparton 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 - Sparton Resources Inc is currently not profitable relative to its asset base.
Sparton 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 | 0.34 | 0.40 | 0.19 |
| Quick Ratio | 0.34 | 0.40 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-315.40K | $ -301.61K | $ -473.35K |
Sparton Resources Inc - Advanced Valuation Insights
This section examines the relationship between Sparton 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 | 3.68 |
| Latest Market Cap to Assets Ratio | 0.84 |
| Asset Growth Rate (YoY) | -14.4% |
| Total Assets | $1.91 Million |
| Market Capitalization | $1.62 Million USD |
Valuation Analysis
Near Book Valuation: The market values Sparton Resources Inc's assets close to their book value ( 0.84x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Sparton Resources Inc's assets decreased by 14.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sparton Resources Inc (2001–2024)
The table below shows the annual total assets of Sparton Resources Inc from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.91 Million | -14.43% |
| 2023-12-31 | $2.24 Million | +15.07% |
| 2022-12-31 | $1.94 Million | +1.03% |
| 2021-12-31 | $1.92 Million | +19.21% |
| 2020-12-31 | $1.61 Million | +3.72% |
| 2019-12-31 | $1.56 Million | -1.33% |
| 2018-12-31 | $1.58 Million | -9.19% |
| 2017-12-31 | $1.74 Million | -51.75% |
| 2016-12-31 | $3.60 Million | +3481.14% |
| 2015-12-31 | $100.48K | -77.70% |
| 2014-12-31 | $450.51K | +101.99% |
| 2013-12-31 | $223.03K | -96.01% |
| 2012-12-31 | $5.59 Million | -41.45% |
| 2011-12-31 | $9.54 Million | -5.58% |
| 2010-12-31 | $10.10 Million | -12.63% |
| 2009-12-31 | $11.57 Million | -0.12% |
| 2008-12-31 | $11.58 Million | +28.44% |
| 2007-12-31 | $9.02 Million | +14.32% |
| 2006-12-31 | $7.89 Million | +11.77% |
| 2005-12-31 | $7.06 Million | +18.05% |
| 2004-12-31 | $5.98 Million | +2.40% |
| 2003-12-31 | $5.84 Million | +221.23% |
| 2002-12-31 | $1.82 Million | +86.64% |
| 2001-12-31 | $973.40K | -- |