Altair Resources Inc (AVX) - Total Assets
Based on the latest financial reports, Altair Resources Inc (AVX) holds total assets worth CA$28.22K CAD (≈ $20.41K 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. Check how aggressively does Altair Resources Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Altair Resources Inc - Total Assets Trend (2014–2025)
This chart illustrates how Altair Resources Inc's total assets have evolved over time, based on quarterly financial data. Explore Altair Resources Inc long-term investment intensity to see how much of total assets are deployed in long-term investments.
Altair Resources Inc - Asset Composition Analysis
Current Asset Composition (March 2025)
Altair Resources Inc's total assets of CA$28.22K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 19.4% |
| 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 (2014–2025)
This chart illustrates how Altair 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. For live market cap, price, and company overview, see Altair Resources Inc (AVX) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Altair Resources Inc's current assets represent 100.0% of total assets in 2025, an increase from 5.0% in 2014.
- Cash Position: Cash and equivalents constituted 19.4% of total assets in 2025, up from 4.4% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Altair Resources Inc Competitors by Total Assets
Key competitors of Altair Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
Vale S.A
F:CVLB
|
Germany | €87.59 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
RTG Mining Inc
AU:RTG
|
Australia | AU$11.53 Million |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
Altair Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.01 | 0.00 | 0.06 |
| Quick Ratio | 0.01 | 0.00 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-3.08 Million | CA$-2.78 Million | CA$-690.08K |
Altair Resources Inc - Advanced Valuation Insights
This section examines the relationship between Altair 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 | 7.17 |
| Latest Market Cap to Assets Ratio | 50.55 |
| Asset Growth Rate (YoY) | -26.5% |
| Total Assets | CA$5.66K |
| Market Capitalization | $286.33K USD |
Valuation Analysis
Premium Asset Valuation: The market values Altair Resources Inc's assets at a significant premium (50.55x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Altair Resources Inc's assets decreased by 26.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Altair Resources Inc (2014–2025)
The table below shows the annual total assets of Altair Resources Inc from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | CA$5.66K ≈ $4.10K |
-26.45% |
| 2024-03-31 | CA$7.70K ≈ $5.57K |
-22.91% |
| 2023-03-31 | CA$9.99K ≈ $7.23K |
-83.52% |
| 2022-03-31 | CA$60.61K ≈ $43.84K |
+48.92% |
| 2021-03-31 | CA$40.70K ≈ $29.44K |
+295.98% |
| 2020-03-31 | CA$10.28K ≈ $7.43K |
-98.33% |
| 2019-03-31 | CA$616.08K ≈ $445.66K |
-56.81% |
| 2018-03-31 | CA$1.43 Million ≈ $1.03 Million |
-45.72% |
| 2017-03-31 | CA$2.63 Million ≈ $1.90 Million |
+5604.26% |
| 2016-03-31 | CA$46.07K ≈ $33.33K |
+551.44% |
| 2015-03-31 | CA$7.07K ≈ $5.12K |
-99.65% |
| 2014-03-31 | CA$2.05 Million ≈ $1.48 Million |
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About Altair Resources Inc
Altair Resources Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for gold and silver deposits. It has rights to acquire a 65% interest in the Simon property that comprises 37 unpatented lode claims and 20 patented lode claims located in the state of Nevada, the United States; and a 90% interest in … Read more