Sorrento Resources Ltd.
Sorrento Resources Ltd. engages in the acquisition, development, and exploration of mineral resource properties in Canada. It explores for gold, copper, and silver deposits. The company holds an option to acquire a 100% interest in the Wing Pond property with 462 mineral claims covering an area of approximately 11,550 hectares located in the Province of Newfoundland and Labrador; Harmsworth prope… Read more
Sorrento Resources Ltd. (SRSLF) - Total Assets
Latest total assets as of September 2025: $1.59 Million USD
Based on the latest financial reports, Sorrento Resources Ltd. (SRSLF) holds total assets worth $1.59 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.
Sorrento Resources Ltd. - Total Assets Trend (2022–2025)
This chart illustrates how Sorrento Resources Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sorrento Resources Ltd. - Asset Composition Analysis
Current Asset Composition (June 2025)
Sorrento Resources Ltd.'s total assets of $1.59 Million consist of 9.8% current assets and 90.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.2% |
| Accounts Receivable | $51.77K | 2.4% |
| 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 (2022–2025)
This chart illustrates how Sorrento Resources Ltd.'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: Sorrento Resources Ltd.'s current assets represent 9.8% of total assets in 2025, a decrease from 79.9% in 2022.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2025, down from 76.9% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 2.4% of total assets.
Sorrento Resources Ltd. Competitors by Total Assets
Key competitors of Sorrento Resources Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 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 |
Sorrento Resources Ltd. - 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 - Sorrento Resources Ltd. 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 - Sorrento Resources Ltd. is currently not profitable relative to its asset base.
Sorrento Resources Ltd. - 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 | 0.25 | 0.28 | 1.98 |
| Quick Ratio | 0.25 | 0.28 | 1.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-380.62K | $ -265.74K | $ 95.13K |
Sorrento Resources Ltd. - Advanced Valuation Insights
This section examines the relationship between Sorrento Resources Ltd.'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 | 13.45 |
| Latest Market Cap to Assets Ratio | 1.34 |
| Asset Growth Rate (YoY) | 148.6% |
| Total Assets | $2.19 Million |
| Market Capitalization | $2.93 Million USD |
Valuation Analysis
Above Book Valuation: The market values Sorrento Resources Ltd.'s assets above their book value (1.34 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Sorrento Resources Ltd.'s assets grew by 148.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sorrento Resources Ltd. (2022–2025)
The table below shows the annual total assets of Sorrento Resources Ltd. from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $2.19 Million | +148.63% |
| 2024-06-30 | $880.20K | -17.10% |
| 2023-06-30 | $1.06 Million | +211.41% |
| 2022-06-30 | $340.93K | -- |