Trio Resources Inc
Trio Resources, Inc., an exploration stage and small-scale processing company, engages in the acquisition, development, drilling, and exploration of mineral properties. The company explores for silver, cobalt, and nickel. It holds 100% interest in the 94-acre Duncan Kerr property located near the town of Cobalt, Ontario. The company was founded in 2012 and is based in Toronto, Canada.
Trio Resources Inc (TRII) - Total Assets
Latest total assets as of March 2018: $317.83 Million USD
Based on the latest financial reports, Trio Resources Inc (TRII) holds total assets worth $317.83 Million USD as of March 2018.
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.
Trio Resources Inc - Total Assets Trend (2011–2017)
This chart illustrates how Trio Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Trio Resources Inc - Asset Composition Analysis
Current Asset Composition (September 2017)
Trio Resources Inc's total assets of $317.83 Million consist of 45.2% current assets and 54.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 44.2% |
| Accounts Receivable | $153.00K | 0.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $61.92 Million | 20.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2011–2017)
This chart illustrates how Trio 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: Trio Resources Inc's current assets represent 45.2% of total assets in 2017, a decrease from 100.0% in 2011.
- Cash Position: Cash and equivalents constituted 44.2% of total assets in 2017, down from 100.0% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 20.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is intangible assets at 20.1% of total assets.
Trio Resources Inc Competitors by Total Assets
Key competitors of Trio Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Trio 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 - Trio Resources Inc generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Trio Resources Inc generates $7.18 in net profit.
Trio 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 | 3.84 | 11.47 | 0.77 |
| Quick Ratio | 3.84 | 11.47 | 0.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $139.23 Million | $ 154.89 Million | $ -124.80K |
Trio Resources Inc - Advanced Valuation Insights
This section examines the relationship between Trio 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 4.3% |
| Total Assets | $308.77 Million |
| Market Capitalization | $22.73 USD |
Valuation Analysis
Below Book Valuation: The market values Trio Resources Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Trio Resources Inc's assets grew by 4.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Trio Resources Inc (2011–2017)
The table below shows the annual total assets of Trio Resources Inc from 2011 to 2017.
| Year | Total Assets | Change |
|---|---|---|
| 2017-09-30 | $308.77 Million | +4.31% |
| 2016-12-31 | $296.00 Million | +87853.47% |
| 2016-09-30 | $336.55K | -99.90% |
| 2015-12-31 | $347.90 Million | +98609.04% |
| 2015-09-30 | $352.45K | -25.82% |
| 2014-09-30 | $475.14K | +8.63% |
| 2013-09-30 | $437.38K | +7993.62% |
| 2012-09-30 | $5.40K | +237.75% |
| 2011-09-30 | $1.60K | -- |