EDM Resources Inc
EDM Resources Inc. engages in the exploration and evaluation of mineral properties. The company explores for zinc, lead, and gypsum deposits. It owns 100% interest in the Scotia Mine and various other mineral resource prospects in Nova Scotia, Canada. The company was formerly known as ScoZinc Mining Ltd. and changed its name to EDM Resources Inc. in January 2022. EDM Resources Inc. was incorporat… Read more
EDM Resources Inc (SWNLF) - Total Assets
Latest total assets as of September 2025: $27.72 Million USD
Based on the latest financial reports, EDM Resources Inc (SWNLF) holds total assets worth $27.72 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.
EDM Resources Inc - Total Assets Trend (2012–2024)
This chart illustrates how EDM Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
EDM Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
EDM Resources Inc's total assets of $27.72 Million consist of 3.1% current assets and 96.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.8% |
| Accounts Receivable | $174.54K | 0.7% |
| 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 (2012–2024)
This chart illustrates how EDM 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: EDM Resources Inc's current assets represent 3.1% of total assets in 2024, an increase from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2024, down from 5.5% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
EDM Resources Inc Competitors by Total Assets
Key competitors of EDM 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 |
EDM 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 - EDM 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 - EDM Resources Inc is currently not profitable relative to its asset base.
EDM 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 | 0.42 | 0.19 | 0.86 |
| Quick Ratio | 0.42 | 0.19 | 0.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-472.08K | $ -811.10K | $ -47.99K |
EDM Resources Inc - Advanced Valuation Insights
This section examines the relationship between EDM 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 | 1.95 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 8.0% |
| Total Assets | $26.98 Million |
| Market Capitalization | $3.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values EDM Resources Inc's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: EDM Resources Inc's assets grew by 8.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for EDM Resources Inc (2012–2024)
The table below shows the annual total assets of EDM Resources Inc from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $26.98 Million | +7.99% |
| 2023-12-31 | $24.98 Million | +5.03% |
| 2022-12-31 | $23.78 Million | +20.38% |
| 2021-12-31 | $19.76 Million | +14.92% |
| 2020-12-31 | $17.19 Million | +17.24% |
| 2019-12-31 | $14.66 Million | +7.33% |
| 2018-12-31 | $13.66 Million | -5.68% |
| 2017-12-31 | $14.48 Million | +0.75% |
| 2016-12-31 | $14.38 Million | -1.55% |
| 2015-12-31 | $14.60 Million | -22.31% |
| 2014-12-31 | $18.80 Million | -15.39% |
| 2013-12-31 | $22.22 Million | -69.72% |
| 2012-12-31 | $73.37 Million | -- |