Tower Resources Ltd
Tower Resources Ltd. engages in the acquisition, evaluation, and exploration of mineral properties in Canada. The company primarily explores for gold, silver, and copper deposits. Its properties include the Rabbit North project that comprises 34 mineral tenures covering an area of 16,400 hectares located in the Kamloops mining division of British Columbia; the Nechako gold project, which includes… Read more
Tower Resources Ltd (TWRFF) - Total Assets
Latest total assets as of April 2025: $9.79 Million USD
Based on the latest financial reports, Tower Resources Ltd (TWRFF) holds total assets worth $9.79 Million USD as of April 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.
Tower Resources Ltd - Total Assets Trend (2001–2024)
This chart illustrates how Tower Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tower Resources Ltd - Asset Composition Analysis
Current Asset Composition (October 2024)
Tower Resources Ltd's total assets of $9.79 Million consist of 7.6% current assets and 92.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.0% |
| Accounts Receivable | $27.08K | 0.3% |
| 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 (2001–2024)
This chart illustrates how Tower Resources Ltd'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: Tower Resources Ltd's current assets represent 7.6% of total assets in 2024, a decrease from 29.0% in 2001.
- Cash Position: Cash and equivalents constituted 7.0% of total assets in 2024, down from 27.1% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
Tower Resources Ltd Competitors by Total Assets
Key competitors of Tower Resources Ltd 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 |
Tower Resources Ltd - 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 - Tower Resources Ltd 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 - Tower Resources Ltd is currently not profitable relative to its asset base.
Tower Resources Ltd - 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 | 3.64 | 5.79 | 12.83 |
| Quick Ratio | 3.64 | 5.79 | 13.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $596.77K | $ 312.43K | $ 626.10K |
Tower Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Tower Resources Ltd'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 | 3.63 |
| Latest Market Cap to Assets Ratio | 1.10 |
| Asset Growth Rate (YoY) | 9.1% |
| Total Assets | $9.58 Million |
| Market Capitalization | $10.55 Million USD |
Valuation Analysis
Above Book Valuation: The market values Tower Resources Ltd's assets above their book value (1.10 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Tower Resources Ltd's assets grew by 9.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tower Resources Ltd (2001–2024)
The table below shows the annual total assets of Tower Resources Ltd from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | $9.58 Million | +9.11% |
| 2023-10-31 | $8.78 Million | +8.17% |
| 2022-10-31 | $8.12 Million | +13.90% |
| 2021-10-31 | $7.12 Million | +36.65% |
| 2020-10-31 | $5.21 Million | +7.95% |
| 2019-10-31 | $4.83 Million | -1.69% |
| 2018-10-31 | $4.91 Million | -8.74% |
| 2017-10-31 | $5.38 Million | +94.54% |
| 2016-10-31 | $2.77 Million | -31.77% |
| 2015-10-31 | $4.06 Million | -7.69% |
| 2014-10-31 | $4.39 Million | -9.55% |
| 2013-10-31 | $4.86 Million | +32.19% |
| 2012-10-31 | $3.68 Million | +60.65% |
| 2011-10-31 | $2.29 Million | +91.00% |
| 2010-10-31 | $1.20 Million | +21.97% |
| 2009-10-31 | $982.02K | -17.78% |
| 2008-10-31 | $1.19 Million | -37.13% |
| 2007-10-31 | $1.90 Million | -19.95% |
| 2006-10-31 | $2.37 Million | +41.03% |
| 2005-10-31 | $1.68 Million | +451.74% |
| 2004-10-31 | $304.99K | +194.80% |
| 2003-10-31 | $103.46K | -89.65% |
| 2002-10-31 | $999.38K | +345.03% |
| 2001-10-31 | $224.57K | -- |