Erdene Resource Development Corp (ERD) - Total Assets
Based on the latest financial reports, Erdene Resource Development Corp (ERD) holds total assets worth CA$55.88 Million CAD (≈ $40.42 Million USD) as of September 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.
Erdene Resource Development Corp - Total Assets Trend (2001–2024)
This chart illustrates how Erdene Resource Development Corp's total assets have evolved over time, based on quarterly financial data. Also see Erdene Resource Development Corp market cap and net worth for the company's overall valuation and market capitalisation.
Erdene Resource Development Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Erdene Resource Development Corp's total assets of CA$55.88 Million consist of 11.7% current assets and 88.3% non-current assets. Review total liabilities of Erdene Resource Development Corp to assess the company's total debt and financial obligations.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 11.6% |
| Accounts Receivable | CA$14.91K | 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 (2001–2024)
This chart illustrates how Erdene Resource Development Corp'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. See Erdene Resource Development Corp (ERD) share price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Erdene Resource Development Corp's current assets represent 11.7% of total assets in 2024, an increase from 0.0% in 2001.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2024, up from 0.0% 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 0.0% of total assets.
Erdene Resource Development Corp Competitors by Total Assets
Key competitors of Erdene Resource Development Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €30.52 Billion |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.40 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.08 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Tibet Huayu Mining Co Ltd
SHG:601020
|
China | CN¥10.55 Billion |
|
Americas Silver Corp
TO:USA
|
Canada | CA$234.70 Million |
|
Vizsla Silver Corp.
TO:VZLA
|
Canada | CA$1.02 Billion |
|
Santacruz Silver Mining Ltd.
V:SCZ
|
Canada | CA$446.99 Million |
Erdene Resource Development Corp - 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 | 4.16 | 6.10 | 21.47 |
| Quick Ratio | 4.16 | 6.10 | 21.47 |
| Cash Ratio | 3.62 | 5.78 | 0.00 |
| Working Capital | CA$4.69 Million | CA$2.24 Million | CA$12.49 Million |
Erdene Resource Development Corp - Advanced Valuation Insights
This section examines the relationship between Erdene Resource Development Corp'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 | 9.87 |
| Latest Market Cap to Assets Ratio | 4.87 |
| Asset Growth Rate (YoY) | 6.7% |
| Total Assets | CA$63.00 Million |
| Market Capitalization | $306.85 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Erdene Resource Development Corp's assets at a significant premium (4.87x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Erdene Resource Development Corp's assets grew by 6.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Erdene Resource Development Corp (2001–2024)
The table below shows the annual total assets of Erdene Resource Development Corp from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$63.00 Million ≈ $45.57 Million |
+6.67% |
| 2023-12-31 | CA$59.06 Million ≈ $42.73 Million |
+12.43% |
| 2022-12-31 | CA$52.53 Million ≈ $38.00 Million |
+12.87% |
| 2021-12-31 | CA$46.54 Million ≈ $33.67 Million |
+8.71% |
| 2020-12-31 | CA$42.81 Million ≈ $30.97 Million |
+58.73% |
| 2019-12-31 | CA$26.97 Million ≈ $19.51 Million |
+52.31% |
| 2018-12-31 | CA$17.71 Million ≈ $12.81 Million |
+18.49% |
| 2017-12-31 | CA$14.95 Million ≈ $10.81 Million |
+248.11% |
| 2016-12-31 | CA$4.29 Million ≈ $3.11 Million |
+70.24% |
| 2015-12-31 | CA$2.52 Million ≈ $1.82 Million |
-76.89% |
| 2014-12-31 | CA$10.91 Million ≈ $7.89 Million |
-5.82% |
| 2013-12-31 | CA$11.59 Million ≈ $8.38 Million |
-12.98% |
| 2012-12-31 | CA$13.31 Million ≈ $9.63 Million |
-71.54% |
| 2011-12-31 | CA$46.78 Million ≈ $33.84 Million |
-16.45% |
| 2010-12-31 | CA$55.99 Million ≈ $40.51 Million |
-4.52% |
| 2009-12-31 | CA$58.65 Million ≈ $42.42 Million |
-3.22% |
| 2008-12-31 | CA$60.60 Million ≈ $43.83 Million |
+28.89% |
| 2007-12-31 | CA$47.02 Million ≈ $34.01 Million |
+37.56% |
| 2006-12-31 | CA$34.18 Million ≈ $24.72 Million |
+414.05% |
| 2005-12-31 | CA$6.65 Million ≈ $4.81 Million |
-29.47% |
| 2004-12-31 | CA$9.43 Million ≈ $6.82 Million |
+126.52% |
| 2003-12-31 | CA$4.16 Million ≈ $3.01 Million |
+834.77% |
| 2002-12-31 | CA$445.18K ≈ $322.04K |
+337.65% |
| 2001-12-31 | CA$101.72K ≈ $73.58K |
-- |
About Erdene Resource Development Corp
Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May 2008. Erdene Resource Development Corporation was incorporate… Read more