Taruga Minerals Limited
Taruga Minerals Limited engages in the mineral exploration and development activities in Australia. The company primarily explores for gold, copper, silver, cobalt, zinc, lead, base, and rare earth element metals deposits. It holds 100% interests in the Mt Craig Copper, Torrens, Curnamona, Flinders, and Martins Well projects located in South Australia. It also holds 100% interests in the Manjimup… Read more
Taruga Minerals Limited (TGGRF) - Total Assets
Latest total assets as of June 2024: $2.65 Million USD
Based on the latest financial reports, Taruga Minerals Limited (TGGRF) holds total assets worth $2.65 Million USD as of June 2024.
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.
Taruga Minerals Limited - Total Assets Trend (2020–2024)
This chart illustrates how Taruga Minerals Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Taruga Minerals Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Taruga Minerals Limited's total assets of $2.65 Million consist of 89.8% current assets and 10.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 88.0% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2020–2024)
This chart illustrates how Taruga Minerals Limited'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: Taruga Minerals Limited's current assets represent 89.8% of total assets in 2024, a decrease from 97.0% in 2020.
- Cash Position: Cash and equivalents constituted 88.0% of total assets in 2024, down from 94.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Taruga Minerals Limited Competitors by Total Assets
Key competitors of Taruga Minerals Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Taruga Minerals Limited - 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 - Taruga Minerals Limited generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Taruga Minerals Limited is currently not profitable relative to its asset base.
Taruga Minerals Limited - 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 | 10.00 | 16.21 | - |
| Quick Ratio | 10.00 | 16.21 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | $2.14 Million | $ 3.05 Million | - |
Taruga Minerals Limited - Advanced Valuation Insights
This section examines the relationship between Taruga Minerals Limited'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 | 0.87 |
| Latest Market Cap to Assets Ratio | 1.61 |
| Asset Growth Rate (YoY) | -79.5% |
| Total Assets | $2.65 Million |
| Market Capitalization | $4.28 Million USD |
Valuation Analysis
Above Book Valuation: The market values Taruga Minerals Limited's assets above their book value (1.61 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Taruga Minerals Limited's assets decreased by 79.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Taruga Minerals Limited (2020–2024)
The table below shows the annual total assets of Taruga Minerals Limited from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $2.65 Million | -79.48% |
| 2023-06-30 | $12.91 Million | +22.15% |
| 2022-06-30 | $10.57 Million | +12.72% |
| 2021-06-30 | $9.38 Million | +339.06% |
| 2020-06-30 | $2.14 Million | -- |