Loncor Resources Inc Total Assets
Loncor Resources Inc total assets. Based on the latest financial reports, Loncor Resources Inc (LN) holds total assets worth CA$35.71 Million CAD (≈ $25.83 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. Also see Loncor Resources Inc (LN) total market value for the company's overall valuation and market capitalisation.
Total Assets of Loncor Resources Inc (2001–2024)
Total assets of Loncor Resources Inc from 2001 to 2024. This chart illustrates how Loncor Resources Inc's total assets have evolved over time, based on quarterly financial data. See Loncor Resources Inc stock quote for real-time trading data and today's change.
Loncor Resources Inc - Asset Composition Analysis
Loncor Resources Inc Total Assets Breakdown (December 2024)
Loncor Resources Inc total assets breakdown as of December 2024. Loncor Resources Inc's total assets of CA$35.71 Million consist of 13.6% current assets and 86.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$1.50 Million | 7.7% |
| Accounts Receivable | CA$841.63K | 4.3% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$16.88 Million | 86.4% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2001–2024)
This chart illustrates how Loncor 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. Explore Loncor Resources Inc (LN) liquidity to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Loncor Resources Inc's current assets represent 13.6% of total assets in 2024, a decrease from 29.7% in 2001.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2024, up from 5.6% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 65.0% in 2001.
- Asset Diversification: The largest asset category is property, plant & equipment at 86.4% of total assets.
Loncor Resources Inc Competitors by Total Assets
Key competitors of Loncor Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Newmont Corporation
AU:NEM
|
Australia | AU$57.67 Billion |
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$52.26 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$12.16 Billion |
|
Evolution Mining Ltd
AU:EVN
|
Australia | AU$10.02 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
|
Dundee Precious Metals Inc
TO:DPM
|
Canada | CA$3.20 Billion |
|
Perseus Mining Ltd
AU:PRU
|
Australia | AU$2.93 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$3.60 Billion |
Loncor 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 | 3.42 | 1.73 | 0.32 |
| Quick Ratio | 3.42 | 1.73 | 0.32 |
| Cash Ratio | 1.57 | 0.15 | 0.00 |
| Working Capital | CA$3.70 Million | CA$5.27 Million | CA$-1.09 Million |
Loncor Resources Inc - Advanced Valuation Insights
This section examines the relationship between Loncor 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 | 6.16 |
| Latest Market Cap to Assets Ratio | 9.38 |
| Asset Growth Rate (YoY) | -19.8% |
| Total Assets | CA$19.54 Million |
| Market Capitalization | $183.34 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Loncor Resources Inc's assets at a significant premium (9.38x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Loncor Resources Inc's assets decreased by 19.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Loncor Resources Inc (2001–2024)
The table below shows the annual total assets of Loncor Resources Inc from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$19.54 Million ≈ $14.14 Million |
-19.80% |
| 2023-12-31 | CA$24.37 Million ≈ $17.63 Million |
-43.19% |
| 2022-12-31 | CA$42.89 Million ≈ $31.03 Million |
+6.36% |
| 2021-12-31 | CA$40.33 Million ≈ $29.17 Million |
+23.43% |
| 2020-12-31 | CA$32.67 Million ≈ $23.63 Million |
+10.10% |
| 2019-12-31 | CA$29.67 Million ≈ $21.47 Million |
+2.09% |
| 2018-12-31 | CA$29.07 Million ≈ $21.03 Million |
+4.11% |
| 2017-12-31 | CA$27.92 Million ≈ $20.20 Million |
-0.58% |
| 2016-12-31 | CA$28.08 Million ≈ $20.31 Million |
+0.11% |
| 2015-12-31 | CA$28.05 Million ≈ $20.29 Million |
-6.35% |
| 2014-12-31 | CA$29.95 Million ≈ $21.67 Million |
-6.93% |
| 2013-12-31 | CA$32.18 Million ≈ $23.28 Million |
-46.61% |
| 2012-12-31 | CA$60.27 Million ≈ $43.60 Million |
+31.60% |
| 2011-12-31 | CA$45.80 Million ≈ $33.13 Million |
+94.18% |
| 2010-12-31 | CA$23.59 Million ≈ $17.06 Million |
+256.30% |
| 2009-12-31 | CA$6.62 Million ≈ $4.79 Million |
+14.07% |
| 2008-12-31 | CA$5.80 Million ≈ $4.20 Million |
+192.67% |
| 2007-12-31 | CA$1.98 Million ≈ $1.43 Million |
+3.67% |
| 2006-12-31 | CA$1.91 Million ≈ $1.38 Million |
-9.96% |
| 2005-12-31 | CA$2.12 Million ≈ $1.54 Million |
-38.99% |
| 2004-12-31 | CA$3.48 Million ≈ $2.52 Million |
+22.81% |
| 2003-12-31 | CA$2.83 Million ≈ $2.05 Million |
-11.07% |
| 2002-12-31 | CA$3.19 Million ≈ $2.31 Million |
+9.08% |
| 2001-12-31 | CA$2.92 Million ≈ $2.11 Million |
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About Loncor Resources Inc
Loncor Gold Inc., a gold exploration company, engages in the acquisition, exploration, and development of precious metal projects in the Democratic Republic of the Congo. It explores for gold and platinum deposits. The company's flagship project is the 84.68% owned Adumbi project that consist of one mining license covering an area of 122 square kilometers located within the Ngayu Archaean Greenst… Read more