Xmet Inc
Xmet Inc., a mineral exploration company, acquires, explores, and develops mineral properties in Canada. It focuses on exploration of gold and graphite deposits in Quebec and Ontario. It holds interests in the Blackflake property located in northern Ontario, Canada; and Grasset gold, copper, and zinc property, which consists of 114 contiguous exploration licenses totaling an area of 7,040 hectare… Read more
Xmet Inc (XMTTF) - Total Assets
Latest total assets as of September 2016: $1.85 Million USD
Based on the latest financial reports, Xmet Inc (XMTTF) holds total assets worth $1.85 Million USD as of September 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.
Xmet Inc - Total Assets Trend (2010–2015)
This chart illustrates how Xmet Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xmet Inc - Asset Composition Analysis
Current Asset Composition (December 2015)
Xmet Inc's total assets of $1.85 Million consist of 12.3% current assets and 87.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $294.64K | 16.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $2.17 Million | 121.9% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2015)
This chart illustrates how Xmet 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: Xmet Inc's current assets represent 12.3% of total assets in 2015, a decrease from 78.7% in 2010.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2015, down from 64.7% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is property, plant & equipment at 121.9% of total assets.
Xmet Inc Competitors by Total Assets
Key competitors of Xmet Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Xmet 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 - Xmet 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 - Xmet Inc is currently not profitable relative to its asset base.
Xmet 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 | 0.34 | 3.48 | 5.56 |
| Quick Ratio | 0.34 | 3.48 | 5.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-405.54K | $ 519.57K | $ 1.15 Million |
Xmet Inc - Advanced Valuation Insights
This section examines the relationship between Xmet 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 | 0.09 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -29.7% |
| Total Assets | $1.78 Million |
| Market Capitalization | $15.43 USD |
Valuation Analysis
Below Book Valuation: The market values Xmet Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Xmet Inc's assets decreased by 29.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Xmet Inc (2010–2015)
The table below shows the annual total assets of Xmet Inc from 2010 to 2015.
| Year | Total Assets | Change |
|---|---|---|
| 2015-12-31 | $1.78 Million | -29.66% |
| 2014-12-31 | $2.53 Million | +80.50% |
| 2013-12-31 | $1.40 Million | -73.07% |
| 2012-12-31 | $5.20 Million | -12.42% |
| 2011-12-31 | $5.94 Million | +24.68% |
| 2010-12-31 | $4.76 Million | -- |