Alpha Exploration Ltd
Alpha Exploration Ltd., through its subsidiary, engages in the acquisition, exploration, and development of mineral resource properties in Eritrea. The company explores for gold, copper, silver, and volcanogenic massive sulphide deposits. Its main exploration property is the 100% owned Kerkasha Project consisting four areas of colonial workings and six artisanal gold mining prospects identified c… Read more
Alpha Exploration Ltd (ALEX) - Total Assets
Latest total assets as of September 2025: CA$18.36 Million CAD
Based on the latest financial reports, Alpha Exploration Ltd (ALEX) holds total assets worth CA$18.36 Million CAD 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.
Alpha Exploration Ltd - Total Assets Trend (2020–2024)
This chart illustrates how Alpha Exploration Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Alpha Exploration Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Alpha Exploration Ltd's total assets of CA$18.36 Million consist of 6.9% current assets and 93.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 6.8% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Alpha Exploration 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Alpha Exploration Ltd's current assets represent 6.9% of total assets in 2024, a decrease from 29.9% in 2020.
- Cash Position: Cash and equivalents constituted 6.8% of total assets in 2024, down from 29.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Alpha Exploration Ltd Competitors by Total Assets
Key competitors of Alpha Exploration Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
5YY0
F:5YY0
|
Germany | €11.52 Million |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
|
China Silver Group Limited
F:2CS
|
Germany | €2.12 Billion |
Alpha Exploration Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Alpha Exploration Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Alpha Exploration Ltd is currently not profitable relative to its asset base.
Alpha Exploration 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 | 4.36 | 2.11 | 4.53 |
| Quick Ratio | 4.36 | 2.11 | 4.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$1.33 Million | CA$ 1.02 Million | CA$ 1.43 Million |
Alpha Exploration Ltd - Advanced Valuation Insights
This section examines the relationship between Alpha Exploration 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 | 2.26 |
| Latest Market Cap to Assets Ratio | 1.12 |
| Asset Growth Rate (YoY) | 4.9% |
| Total Assets | CA$16.70 Million |
| Market Capitalization | $18.70 Million USD |
Valuation Analysis
Above Book Valuation: The market values Alpha Exploration Ltd's assets above their book value (1.12 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Alpha Exploration Ltd's assets grew by 4.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Alpha Exploration Ltd (2020–2024)
The table below shows the annual total assets of Alpha Exploration Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$16.70 Million | +4.92% |
| 2023-12-31 | CA$15.91 Million | +59.29% |
| 2022-12-31 | CA$9.99 Million | +16.68% |
| 2021-12-31 | CA$8.56 Million | +34.66% |
| 2020-12-31 | CA$6.36 Million | -- |