Avaron Mining Corp.
Avaron Mining Corp., a junior exploration stage company, acquires, explores, and develops mineral properties. It holds 100% interest in the Tolisnica and Stanca property located near the city of Kraljevo, in the Republic of Serbia. The company was formerly known as Benz Capital Corp. and changed its name to Avaron Mining Corp. in July 2023. Avaron Mining Corp. was incorporated in 2021 and is base… Read more
Avaron Mining Corp. (AVR) - Total Assets
Latest total assets as of March 2024: CA$944.27K CAD
Based on the latest financial reports, Avaron Mining Corp. (AVR) holds total assets worth CA$944.27K CAD as of March 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.
Avaron Mining Corp. - Total Assets Trend (2021–2024)
This chart illustrates how Avaron Mining Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Avaron Mining Corp. - Asset Composition Analysis
Current Asset Composition (March 2024)
Avaron Mining Corp.'s total assets of CA$944.27K consist of 47.4% current assets and 52.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 39.8% |
| Accounts Receivable | CA$13.18K | 1.4% |
| 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 (2021–2024)
This chart illustrates how Avaron Mining Corp.'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: Avaron Mining Corp.'s current assets represent 47.4% of total assets in 2024, a decrease from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 39.8% of total assets in 2024, down from 93.6% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 1.4% of total assets.
Avaron Mining Corp. Competitors by Total Assets
Key competitors of Avaron Mining Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Avaron Mining Corp. - 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 - Avaron Mining Corp. 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 - Avaron Mining Corp. is currently not profitable relative to its asset base.
Avaron Mining Corp. - 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 | 7.54 | 5.11 | 5.11 |
| Quick Ratio | 7.54 | 5.11 | 5.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$388.42K | CA$ 313.53K | CA$ 313.53K |
Avaron Mining Corp. - Advanced Valuation Insights
This section examines the relationship between Avaron Mining Corp.'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 | 2.84 |
| Latest Market Cap to Assets Ratio | 0.39 |
| Asset Growth Rate (YoY) | 142.2% |
| Total Assets | CA$944.27K |
| Market Capitalization | $364.62K USD |
Valuation Analysis
Below Book Valuation: The market values Avaron Mining Corp.'s assets below their book value (0.39 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Avaron Mining Corp.'s assets grew by 142.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Avaron Mining Corp. (2021–2024)
The table below shows the annual total assets of Avaron Mining Corp. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | CA$944.27K | +142.24% |
| 2023-03-31 | CA$389.81K | -29.74% |
| 2022-03-31 | CA$554.83K | +85.50% |
| 2021-03-31 | CA$299.09K | -- |