Portex Minerals Inc
Portex Minerals Inc. focuses on the procurement of platinum grade metals through the processing of catalytic converters. The company was formerly known as Strategic Resource Acquisition Corporation and changed its name to Portex Minerals Inc. in April 2011. Portex Minerals Inc. was incorporated in 2006 and is headquartered in Toronto, Canada.
Portex Minerals Inc (STACF) - Total Assets
Latest total assets as of March 2016: $42.06K USD
Based on the latest financial reports, Portex Minerals Inc (STACF) holds total assets worth $42.06K USD as of March 2016.
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.
Portex Minerals Inc - Total Assets Trend (2007–2015)
This chart illustrates how Portex Minerals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Portex Minerals Inc - Asset Composition Analysis
Current Asset Composition (September 2015)
Portex Minerals Inc's total assets of $42.06K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 72.7% |
| Accounts Receivable | $37.62K | 22.6% |
| 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 (2007–2015)
This chart illustrates how Portex 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: Portex Minerals Inc's current assets represent 100.0% of total assets in 2015, an increase from 0.0% in 2007.
- Cash Position: Cash and equivalents constituted 72.7% of total assets in 2015, up from 49.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 22.6% of total assets.
Portex Minerals Inc Competitors by Total Assets
Key competitors of Portex Minerals Inc 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 |
Portex 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 - Portex 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 - Portex Minerals Inc is currently not profitable relative to its asset base.
Portex 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 | 0.08 | 0.00 | 0.00 |
| Quick Ratio | 0.08 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-476.50K | $ -1.71 Million | $ -345.65K |
Portex Minerals Inc - Advanced Valuation Insights
This section examines the relationship between Portex 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -92.8% |
| Total Assets | $166.56K |
| Market Capitalization | $0.96 USD |
Valuation Analysis
Below Book Valuation: The market values Portex Minerals Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Portex Minerals Inc's assets decreased by 92.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Portex Minerals Inc (2007–2015)
The table below shows the annual total assets of Portex Minerals Inc from 2007 to 2015.
| Year | Total Assets | Change |
|---|---|---|
| 2015-09-30 | $166.56K | -92.81% |
| 2014-09-30 | $2.32 Million | +73.63% |
| 2013-09-30 | $1.33 Million | -30.98% |
| 2012-09-30 | $1.93 Million | +85.87% |
| 2011-09-30 | $1.04 Million | +97.81% |
| 2010-09-30 | $525.70K | +23.81% |
| 2009-09-30 | $424.62K | -98.94% |
| 2008-09-30 | $40.14 Million | -71.18% |
| 2007-09-30 | $139.26 Million | -- |