Ascendant Resources Inc (ASND) - Total Assets
Based on the latest financial reports, Ascendant Resources Inc (ASND) holds total assets worth CA$16.74 Million CAD (≈ $12.11 Million USD) as of December 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. See Ascendant Resources Inc shareholders equity for net asset value and shareholders' equity analysis.
Ascendant Resources Inc - Total Assets Trend (2007–2024)
This chart illustrates how Ascendant Resources Inc's total assets have evolved over time, based on quarterly financial data.
Ascendant Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Ascendant Resources Inc's total assets of CA$16.74 Million consist of 4.2% current assets and 95.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 2.3% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Ascendant 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. For live market cap, price, and company overview, see Ascendant Resources Inc market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ascendant Resources Inc's current assets represent 4.2% of total assets in 2024, a decrease from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2024, down from 100.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Ascendant Resources Inc Competitors by Total Assets
Key competitors of Ascendant Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.36 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.11 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥25.91 Billion |
|
Sichuan Yahua Industrial Group Co Ltd
SHE:002497
|
China | CN¥14.48 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$647.20 Million |
Ascendant Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.08 | 0.39 | 1.01 |
| Quick Ratio | 0.08 | 0.14 | 1.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-7.81 Million | CA$-4.67 Million | CA$372.00K |
Ascendant Resources Inc - Advanced Valuation Insights
This section examines the relationship between Ascendant 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 | 6.10 |
| Latest Market Cap to Assets Ratio | 0.65 |
| Asset Growth Rate (YoY) | -9.7% |
| Total Assets | CA$16.74 Million |
| Market Capitalization | $10.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ascendant Resources Inc's assets below their book value (0.65x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ascendant Resources Inc's assets decreased by 9.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ascendant Resources Inc (2007–2024)
The table below shows the annual total assets of Ascendant Resources Inc from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$16.74 Million ≈ $12.11 Million |
-9.69% |
| 2023-12-31 | CA$18.54 Million ≈ $13.41 Million |
+34.53% |
| 2022-12-31 | CA$13.78 Million ≈ $9.97 Million |
+74.22% |
| 2021-12-31 | CA$7.91 Million ≈ $5.72 Million |
+22.64% |
| 2020-12-31 | CA$6.45 Million ≈ $4.67 Million |
-91.45% |
| 2019-12-31 | CA$75.42 Million ≈ $54.56 Million |
+14.16% |
| 2018-12-31 | CA$66.07 Million ≈ $47.79 Million |
+27.17% |
| 2017-12-31 | CA$51.96 Million ≈ $37.58 Million |
+32.61% |
| 2016-12-31 | CA$39.18 Million ≈ $28.34 Million |
+20523.53% |
| 2015-12-31 | CA$189.97K ≈ $137.43K |
-62.88% |
| 2014-12-31 | CA$511.80K ≈ $370.23K |
-63.49% |
| 2013-12-31 | CA$1.40 Million ≈ $1.01 Million |
-73.33% |
| 2012-12-31 | CA$5.26 Million ≈ $3.80 Million |
-13.64% |
| 2011-12-31 | CA$6.08 Million ≈ $4.40 Million |
+275.19% |
| 2010-12-31 | CA$1.62 Million ≈ $1.17 Million |
+698.88% |
| 2009-12-31 | CA$203.01K ≈ $146.85K |
-14.33% |
| 2008-12-31 | CA$236.97K ≈ $171.42K |
+152.23% |
| 2007-12-31 | CA$93.95K ≈ $67.96K |
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About Ascendant Resources Inc
Ascendant Resources Inc. explores and develops mineral properties in Portugal. The company explores for silver, gold, zinc, copper, lead, and tin. It holds 80% interest in the Lagoa Salgada volcanogenic massive sulphide project covering an an area of 7,209 hectares located on the Iberian Pyrite Belt in Portugal. The company was formerly known as Morumbi Resources Inc. and changed its name to Asce… Read more