NextSource Materials Inc (NEXT) - Total Assets
Based on the latest financial reports, NextSource Materials Inc (NEXT) holds total assets worth CA$81.07 Million CAD (≈ $58.64 Million USD) as of December 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 what is NextSource Materials Inc's book value for net asset value and shareholders' equity analysis.
NextSource Materials Inc - Total Assets Trend (2005–2025)
This chart illustrates how NextSource Materials Inc's total assets have evolved over time, based on quarterly financial data.
NextSource Materials Inc - Asset Composition Analysis
Current Asset Composition (June 2025)
NextSource Materials Inc's total assets of CA$81.07 Million consist of 17.3% current assets and 82.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$3.28 Million | 5.3% |
| Accounts Receivable | CA$659.67K | 0.8% |
| Inventory | CA$8.20 Million | 9.8% |
| Property, Plant & Equipment | CA$72.66 Million | 86.3% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2005–2025)
This chart illustrates how NextSource Materials 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. For live market cap, price, and company overview, see NextSource Materials Inc (NEXT) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NextSource Materials Inc's current assets represent 17.3% of total assets in 2025, a decrease from 100.0% in 2005.
- Cash Position: Cash and equivalents constituted 5.3% of total assets in 2025, down from 96.1% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 86.3% of total assets.
NextSource Materials Inc Competitors by Total Assets
Key competitors of NextSource Materials Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥53.18 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961
|
China | CN¥8.95 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Shandong Humon Smelting Co Ltd
SHE:002237
|
China | CN¥36.97 Billion |
NextSource Materials Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.28 | 0.98 | 0.64 |
| Quick Ratio | 0.14 | 0.50 | 0.64 |
| Cash Ratio | 0.08 | 0.29 | 0.64 |
| Working Capital | CA$-28.09 Million | CA$-215.58K | CA$-3.95 Million |
NextSource Materials Inc - Advanced Valuation Insights
This section examines the relationship between NextSource Materials 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 | 2.26 |
| Latest Market Cap to Assets Ratio | 0.67 |
| Asset Growth Rate (YoY) | -9.3% |
| Total Assets | CA$84.20 Million |
| Market Capitalization | $56.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values NextSource Materials Inc's assets below their book value (0.67x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: NextSource Materials Inc's assets decreased by 9.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NextSource Materials Inc (2005–2025)
The table below shows the annual total assets of NextSource Materials Inc from 2005 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | CA$84.20 Million ≈ $60.91 Million |
-9.32% |
| 2024-06-30 | CA$92.85 Million ≈ $67.17 Million |
+75.26% |
| 2023-06-30 | CA$52.98 Million ≈ $38.32 Million |
+80.82% |
| 2022-06-30 | CA$29.30 Million ≈ $21.19 Million |
+8.83% |
| 2021-06-30 | CA$26.92 Million ≈ $19.47 Million |
+9744.82% |
| 2020-06-30 | CA$273.44K ≈ $197.80K |
-55.42% |
| 2019-06-30 | CA$613.40K ≈ $443.73K |
+55.50% |
| 2018-06-30 | CA$394.48K ≈ $285.36K |
-80.95% |
| 2017-06-30 | CA$2.07 Million ≈ $1.50 Million |
+249.75% |
| 2016-06-30 | CA$592.22K ≈ $428.41K |
-41.20% |
| 2015-06-30 | CA$1.01 Million ≈ $728.60K |
-48.93% |
| 2014-06-30 | CA$1.97 Million ≈ $1.43 Million |
+61.59% |
| 2013-06-30 | CA$1.22 Million ≈ $882.84K |
-71.26% |
| 2012-06-30 | CA$4.25 Million ≈ $3.07 Million |
-66.72% |
| 2011-06-30 | CA$12.76 Million ≈ $9.23 Million |
+345.72% |
| 2010-06-30 | CA$2.86 Million ≈ $2.07 Million |
-13.98% |
| 2009-06-30 | CA$3.33 Million ≈ $2.41 Million |
-43.80% |
| 2008-06-30 | CA$5.92 Million ≈ $4.28 Million |
-55.46% |
| 2007-06-30 | CA$13.30 Million ≈ $9.62 Million |
+2255.86% |
| 2006-06-30 | CA$564.43K ≈ $408.30K |
+1638.32% |
| 2005-06-30 | CA$32.47K ≈ $23.49K |
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About NextSource Materials Inc
NextSource Materials Inc. explores for, develops, and evaluates mineral properties in Madagascar and Canada. It operates through Mine Development and Battery Anode Facilities (BAF) Development segments. The company explores for graphite and vanadium deposits. It holds interests in the Molo graphite mine located in the Province of Toliara in Southern Madagascar; the Green Giant Vanadium Project lo… Read more