Fortune Minerals Limited (FT) - Total Assets
Based on the latest financial reports, Fortune Minerals Limited (FT) holds total assets worth CA$6.97 Million CAD (≈ $5.04 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. Check cash flow reinvestment rate of Fortune Minerals Limited to assess the company's total reinvestment commitment from operating cash flow.
Fortune Minerals Limited - Total Assets Trend (1996–2024)
This chart illustrates how Fortune Minerals Limited's total assets have evolved over time, based on quarterly financial data. Check cash flow quality index of Fortune Minerals Limited to evaluate the quality of earnings relative to operating cash generation.
Fortune Minerals Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Fortune Minerals Limited's total assets of CA$6.97 Million consist of 51.4% current assets and 48.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$1.59 Million | 33.1% |
| Accounts Receivable | CA$730.28K | 15.2% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$200.88K | 4.2% |
| Intangible Assets | CA$2.56K | 0.1% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (1996–2024)
This chart illustrates how Fortune Minerals Limited'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 market value of Fortune Minerals Limited.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fortune Minerals Limited's current assets represent 51.4% of total assets in 2024, a decrease from 85.5% in 1996.
- Cash Position: Cash and equivalents constituted 33.1% of total assets in 2024, down from 41.8% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is cash and equivalents at 33.1% of total assets.
Fortune Minerals Limited Competitors by Total Assets
Key competitors of Fortune Minerals Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €30.52 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥27.26 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Liontown Resources Limited
F:LIS
|
Germany | €1.56 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
|
BaoJi Titanium Industry Co Ltd
SHG:600456
|
China | CN¥15.50 Billion |
|
Americas Silver Corp
TO:USA
|
Canada | CA$234.70 Million |
|
Deterra Royalties Ltd
AU:DRR
|
Australia | AU$375.00 Million |
Fortune Minerals Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.22 | 0.39 | 2.46 |
| Quick Ratio | 0.22 | 0.39 | 2.46 |
| Cash Ratio | 0.16 | 0.31 | 0.00 |
| Working Capital | CA$-13.76 Million | CA$-1.71 Million | CA$728.51K |
Fortune Minerals Limited - Advanced Valuation Insights
This section examines the relationship between Fortune Minerals Limited'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 | 0.54 |
| Latest Market Cap to Assets Ratio | 13.18 |
| Asset Growth Rate (YoY) | 208.5% |
| Total Assets | CA$4.82 Million |
| Market Capitalization | $63.47 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Fortune Minerals Limited's assets at a significant premium (13.18x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Fortune Minerals Limited's assets grew by 208.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Fortune Minerals Limited (1996–2024)
The table below shows the annual total assets of Fortune Minerals Limited from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$4.82 Million ≈ $3.48 Million |
+208.49% |
| 2023-12-31 | CA$1.56 Million ≈ $1.13 Million |
-96.64% |
| 2022-12-31 | CA$46.45 Million ≈ $33.60 Million |
-40.91% |
| 2021-12-31 | CA$78.61 Million ≈ $56.86 Million |
+2.97% |
| 2020-12-31 | CA$76.34 Million ≈ $55.22 Million |
-0.62% |
| 2019-12-31 | CA$76.81 Million ≈ $55.57 Million |
-1.93% |
| 2018-12-31 | CA$78.33 Million ≈ $56.66 Million |
-1.60% |
| 2017-12-31 | CA$79.60 Million ≈ $57.58 Million |
+15.14% |
| 2016-12-31 | CA$69.13 Million ≈ $50.01 Million |
+1.73% |
| 2015-12-31 | CA$67.96 Million ≈ $49.16 Million |
-62.64% |
| 2014-12-31 | CA$181.91 Million ≈ $131.59 Million |
+58.89% |
| 2013-12-31 | CA$114.49 Million ≈ $82.82 Million |
-23.45% |
| 2012-12-31 | CA$149.57 Million ≈ $108.20 Million |
-4.15% |
| 2011-12-31 | CA$156.05 Million ≈ $112.88 Million |
+21.99% |
| 2010-12-31 | CA$127.92 Million ≈ $92.53 Million |
+3.39% |
| 2009-12-31 | CA$123.73 Million ≈ $89.50 Million |
+24.62% |
| 2008-12-31 | CA$99.29 Million ≈ $71.82 Million |
+9.89% |
| 2007-12-31 | CA$90.35 Million ≈ $65.36 Million |
+50.00% |
| 2006-12-31 | CA$60.24 Million ≈ $43.57 Million |
+25.88% |
| 2005-12-31 | CA$47.85 Million ≈ $34.62 Million |
+18.30% |
| 2004-12-31 | CA$40.45 Million ≈ $29.26 Million |
+129.01% |
| 2003-12-31 | CA$17.66 Million ≈ $12.78 Million |
+39.59% |
| 2002-12-31 | CA$12.65 Million ≈ $9.15 Million |
+8.56% |
| 2001-12-31 | CA$11.66 Million ≈ $8.43 Million |
-2.68% |
| 2000-12-31 | CA$11.98 Million ≈ $8.66 Million |
-2.62% |
| 1999-12-31 | CA$12.30 Million ≈ $8.90 Million |
+7.89% |
| 1998-12-31 | CA$11.40 Million ≈ $8.25 Million |
+35.71% |
| 1997-12-31 | CA$8.40 Million ≈ $6.08 Million |
+52.73% |
| 1996-12-31 | CA$5.50 Million ≈ $3.98 Million |
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About Fortune Minerals Limited
Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories and Lamont County consists of 76.78 acre… Read more