Bullet Exploration Inc
Bullet Exploration Inc. engages in the acquisition and exploration of mineral property assets in Canada. The company primarily explores for copper and gold deposits. It has an option to acquire an 100% interest in the Copper Canyon property which consist of seven claims covering an area of 2,853 hectares located in Nicola Mining Division of the Province of British Columbia; and the Jefferson prop… Read more
Bullet Exploration Inc (AMMO) - Total Assets
Latest total assets as of June 2024: CA$4.77 Million CAD
Based on the latest financial reports, Bullet Exploration Inc (AMMO) holds total assets worth CA$4.77 Million CAD as of June 2024.
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.
Bullet Exploration Inc - Total Assets Trend (2019–2023)
This chart illustrates how Bullet Exploration Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bullet Exploration Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Bullet Exploration Inc's total assets of CA$4.77 Million consist of 60.0% current assets and 40.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 49.5% |
| 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 (2019–2023)
This chart illustrates how Bullet Exploration 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bullet Exploration Inc's current assets represent 60.0% of total assets in 2023, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 49.5% of total assets in 2023, up from 0.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Bullet Exploration Inc Competitors by Total Assets
Key competitors of Bullet Exploration Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Bullet Exploration Inc - 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 - Bullet Exploration Inc 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 - Bullet Exploration Inc is currently not profitable relative to its asset base.
Bullet Exploration 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 | 2.34 | 0.24 | 1.41 |
| Quick Ratio | 2.34 | 0.24 | 1.41 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$343.57K | CA$ -138.45K | CA$ 233.28K |
Bullet Exploration Inc - Advanced Valuation Insights
This section examines the relationship between Bullet Exploration 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 | 1.02 |
| Latest Market Cap to Assets Ratio | 2.40 |
| Asset Growth Rate (YoY) | 135.6% |
| Total Assets | CA$1.31 Million |
| Market Capitalization | $3.15 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Bullet Exploration Inc's assets at a significant premium ( 2.40x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Bullet Exploration Inc's assets grew by 135.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Bullet Exploration Inc (2019–2023)
The table below shows the annual total assets of Bullet Exploration Inc from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CA$1.31 Million | +135.59% |
| 2022-12-31 | CA$556.80K | -13.86% |
| 2021-12-31 | CA$646.42K | +72.91% |
| 2020-12-31 | CA$373.86K | -99.33% |
| 2019-12-31 | CA$55.62 Million | -- |