Largo Resources Ltd (LGO) - Total Assets

Latest as of September 2025: CA$321.99 Million CAD ≈ $232.92 Million USD

Based on the latest financial reports, Largo Resources Ltd (LGO) holds total assets worth CA$321.99 Million CAD (≈ $232.92 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. See Largo Resources Ltd net assets for net asset value and shareholders' equity analysis.

Largo Resources Ltd - Total Assets Trend (2001–2024)

This chart illustrates how Largo Resources Ltd's total assets have evolved over time, based on quarterly financial data.

Largo Resources Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Largo Resources Ltd's total assets of CA$321.99 Million consist of 29.3% current assets and 70.7% non-current assets.

Asset Category	Amount (CAD)	% of Total Assets
Cash & Equivalents	CA$0.00	6.9%
Accounts Receivable	CA$9.74 Million	3.1%
Inventory	CA$47.54 Million	14.9%
Property, Plant & Equipment	CA$170.76 Million	53.6%
Intangible Assets	CA$2.25 Million	0.7%
Goodwill	CA$0.00	0.0%

Asset Composition Trend (2001–2024)

This chart illustrates how Largo Resources Ltd'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 Largo Resources Ltd (LGO) total market value.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Largo Resources Ltd's current assets represent 29.3% of total assets in 2024, a decrease from 100.0% in 2001.
Cash Position: Cash and equivalents constituted 6.9% of total assets in 2024, up from 3.8% 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 property, plant & equipment at 53.6% of total assets.

Largo Resources Ltd Competitors by Total Assets

Key competitors of Largo Resources Ltd based on total assets are shown below.

Company	Country	Total Assets
Teck Resources Limited TO:TECK-B	Canada	CA$44.55 Billion
Pilbara Minerals Ltd AU:PLS	Australia	AU$4.70 Billion
SOUTH32 Ltd AU:S32	Australia	AU$13.80 Billion
Inner Mongolia Xingye Mining Co Ltd SHE:000426	China	CN¥17.51 Billion
Yunnan Chihong Zinc&Germanium Co Ltd SHG:600497	China	CN¥25.91 Billion
Liontown Resources Ltd AU:LTR	Australia	AU$1.56 Billion
Evolution Metals & Technologies Corp. Common Stock NASDAQ:EMAT	USA	$6.57 Million
Tibet Summit Resources Co Ltd SHG:600338	China	CN¥6.67 Billion

Largo Resources Ltd - 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	0.50	1.67	3.10
Quick Ratio	0.20	0.81	2.30
Cash Ratio	0.00	0.00	0.00
Working Capital	CA$-78.83 Million	CA$46.71 Million	CA$92.95 Million

Largo Resources Ltd - Advanced Valuation Insights

This section examines the relationship between Largo Resources Ltd'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	0.97
Latest Market Cap to Assets Ratio	0.30
Asset Growth Rate (YoY)	-16.5%
Total Assets	CA$318.67 Million
Market Capitalization	$95.03 Million USD

Valuation Analysis

Below Book Valuation: The market values Largo Resources Ltd's assets below their book value (0.30x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Largo Resources Ltd's assets decreased by 16.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Largo Resources Ltd (2001–2024)

The table below shows the annual total assets of Largo Resources Ltd from 2001 to 2024.

Year	Total Assets	Change
2024-12-31	CA$318.67 Million ≈ $230.52 Million	-16.50%
2023-12-31	CA$381.62 Million ≈ $276.06 Million	+7.27%
2022-12-31	CA$355.75 Million ≈ $257.34 Million	+13.33%
2021-12-31	CA$313.91 Million ≈ $227.08 Million	+5.41%
2020-12-31	CA$297.81 Million ≈ $215.43 Million	-16.54%
2019-12-31	CA$356.83 Million ≈ $258.13 Million	-12.09%
2018-12-31	CA$405.88 Million ≈ $293.61 Million	+37.46%
2017-12-31	CA$295.28 Million ≈ $213.60 Million	+12.34%
2016-12-31	CA$262.85 Million ≈ $190.14 Million	+15.52%
2015-12-31	CA$227.54 Million ≈ $164.60 Million	-36.78%
2014-12-31	CA$359.93 Million ≈ $260.37 Million	+3.94%
2013-12-31	CA$346.29 Million ≈ $250.50 Million	+42.41%
2012-12-31	CA$243.17 Million ≈ $175.91 Million	+37.26%
2011-12-31	CA$177.17 Million ≈ $128.16 Million	+172.09%
2010-12-31	CA$65.11 Million ≈ $47.10 Million	+45.40%
2009-12-31	CA$44.78 Million ≈ $32.39 Million	+23.33%
2008-12-31	CA$36.31 Million ≈ $26.27 Million	+67.12%
2007-12-31	CA$21.73 Million ≈ $15.72 Million	+238.12%
2006-12-31	CA$6.43 Million ≈ $4.65 Million	+48.76%
2005-12-31	CA$4.32 Million ≈ $3.12 Million	+44.29%
2004-12-31	CA$2.99 Million ≈ $2.17 Million	+844.74%
2003-12-31	CA$316.87K ≈ $229.22K	+256.91%
2002-12-31	CA$88.78K ≈ $64.22K	+1909.08%
2001-12-31	CA$4.42K ≈ $3.20K	--

About Largo Resources Ltd

TO:LGO Canada Other Industrial Metals & Mining

Market Cap

$95.03 Million

CA$131.37 Million CAD

Market Cap Rank

#19377 Global

#652 in Canada

Share Price

CA$1.57

Change (1 day)

-3.68%

52-Week Range

CA$1.26 - CA$3.52

All Time High

CA$46.00