Silver Spruce Resources Inc
Silver Spruce Resources Inc., an exploration stage company, engages in the exploration of precious and base minerals. The company primarily explores for silver, lead, zinc, copper, gold, and base and rare earth elements. The company was formerly known as First Labrador Acquisitions Inc. and changed its name to Silver Spruce Resources Inc. in October 2004. Silver Spruce Resources Inc. was incorpor… Read more
Silver Spruce Resources Inc (SSEBF) - Total Assets
Latest total assets as of July 2025: $80.89K USD
Based on the latest financial reports, Silver Spruce Resources Inc (SSEBF) holds total assets worth $80.89K USD as of July 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.
Silver Spruce Resources Inc - Total Assets Trend (1998–2024)
This chart illustrates how Silver Spruce Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Silver Spruce Resources Inc - Asset Composition Analysis
Current Asset Composition (October 2024)
Silver Spruce Resources Inc's total assets of $80.89K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.0% |
| Accounts Receivable | $10.07K | 9.0% |
| 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 (1998–2024)
This chart illustrates how Silver Spruce 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: Silver Spruce Resources Inc's current assets represent 100.0% of total assets in 2024, an increase from 46.8% in 1998.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2024, down from 6.4% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is accounts receivable at 9.0% of total assets.
Silver Spruce Resources Inc Competitors by Total Assets
Key competitors of Silver Spruce 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 |
Silver Spruce 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 - Silver Spruce 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 - Silver Spruce Resources Inc is currently not profitable relative to its asset base.
Silver Spruce 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 | 0.14 | 0.61 | 16.89 |
| Quick Ratio | 0.14 | 0.61 | 15.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-515.62K | $ -122.79K | $ 1.34 Million |
Silver Spruce Resources Inc - Advanced Valuation Insights
This section examines the relationship between Silver Spruce 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 | 23.41 |
| Latest Market Cap to Assets Ratio | 0.83 |
| Asset Growth Rate (YoY) | -72.7% |
| Total Assets | $112.06K |
| Market Capitalization | $92.67K USD |
Valuation Analysis
Near Book Valuation: The market values Silver Spruce Resources Inc's assets close to their book value ( 0.83x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Silver Spruce Resources Inc's assets decreased by 72.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Silver Spruce Resources Inc (1998–2024)
The table below shows the annual total assets of Silver Spruce Resources Inc from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | $112.06K | -72.72% |
| 2023-10-31 | $410.71K | +6.62% |
| 2022-10-31 | $385.22K | -73.84% |
| 2021-10-31 | $1.47 Million | +3.59% |
| 2020-10-31 | $1.42 Million | +423.84% |
| 2019-10-31 | $271.41K | -73.95% |
| 2018-10-31 | $1.04 Million | -15.89% |
| 2017-10-31 | $1.24 Million | +642.34% |
| 2016-10-31 | $166.85K | +459.54% |
| 2015-10-31 | $29.82K | -85.33% |
| 2014-10-31 | $203.25K | -78.75% |
| 2013-10-31 | $956.39K | -54.77% |
| 2012-10-31 | $2.11 Million | -59.86% |
| 2011-10-31 | $5.27 Million | +47.55% |
| 2010-10-31 | $3.57 Million | -49.70% |
| 2009-10-31 | $7.10 Million | -55.98% |
| 2008-10-31 | $16.12 Million | +34.45% |
| 2007-10-31 | $11.99 Million | +87.68% |
| 2006-10-31 | $6.39 Million | +1042.07% |
| 2005-10-31 | $559.41K | +131.07% |
| 2004-10-31 | $242.09K | +46.51% |
| 2003-10-31 | $165.24K | -0.04% |
| 2002-10-31 | $165.31K | -0.96% |
| 2001-10-31 | $166.91K | -4.79% |
| 2000-10-31 | $175.32K | -12.31% |
| 1999-10-31 | $199.93K | -6.39% |
| 1998-10-31 | $213.58K | -- |