Fortune Minerals Limited (FT) - Total Assets
Based on the latest financial reports, Fortune Minerals Limited (FT) holds total assets worth CA$9.41 Million CAD (≈ $6.81 Million USD) as of June 2026. 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.
Fortune Minerals Limited - Total Assets Trend (1996–2025)
This chart illustrates how Fortune Minerals Limited's total assets have evolved over time, based on quarterly financial data. Also see FT market cap overview for the company's overall valuation and market capitalisation.
Fortune Minerals Limited - Asset Composition Analysis
Current Asset Composition (December 2025)
Fortune Minerals Limited's total assets of CA$9.41 Million consist of 38.2% current assets and 61.8% non-current assets. Review Fortune Minerals Limited total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$2.26 Million | 21.9% |
| Accounts Receivable | CA$1.53 Million | 14.9% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$6.15 Million | 59.8% |
| Intangible Assets | CA$1.67K | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (1996–2025)
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. See current stock price of Fortune Minerals Limited for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fortune Minerals Limited's current assets represent 38.2% of total assets in 2025, a decrease from 85.5% in 1996.
- Cash Position: Cash and equivalents constituted 21.9% of total assets in 2025, 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 property, plant & equipment at 59.8% 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 |
|---|---|---|
|
RIO Tinto Ltd
AU:RIO
|
Australia | AU$128.19 Billion |
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €31.58 Billion |
|
Fortescue Ltd
AU:FMG
|
Australia | AU$31.37 Billion |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
|
China | CN¥3.58 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Chengtun Mining Group Co Ltd
SHG:600711
|
China | CN¥50.58 Billion |
|
JCHX Mining Management Co Ltd
SHG:603979
|
China | CN¥19.62 Billion |
Fortune Minerals Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.21 | 0.06 | 0.21 |
| Quick Ratio | 0.21 | 0.06 | 0.21 |
| Cash Ratio | 0.00 | 0.03 | 0.19 |
| Working Capital | CA$-11.89 Million | CA$-14.45 Million | CA$-9.21 Million |
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 | 0.47 |
| Latest Market Cap to Assets Ratio | 6.59 |
| Asset Growth Rate (YoY) | 113.8% |
| Total Assets | CA$10.29 Million |
| Market Capitalization | $67.87 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Fortune Minerals Limited's assets at a significant premium (6.59x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Fortune Minerals Limited's assets grew by 113.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Fortune Minerals Limited (1996–2025)
The table below shows the annual total assets of Fortune Minerals Limited from 1996 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$10.29 Million ≈ $7.45 Million |
+113.78% |
| 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 is involved 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 … Read more