Balto Resources Ltd
Balto Resources Ltd. explores for, evaluates, and develops mineral properties in Canada. It holds a 100% working interest in the SED mineral claims located in the Kamloops mining division, British Columbia. The company was formerly known as Alcor Resources Ltd. and changed its name to Balto Resources Ltd. in June 2008. Balto Resources Ltd. was incorporated in 1973 and is based in Vancouver, Canad… Read more
Balto Resources Ltd (BAL-H) - Total Assets
Latest total assets as of December 2023: CA$100.98K CAD
Based on the latest financial reports, Balto Resources Ltd (BAL-H) holds total assets worth CA$100.98K CAD as of December 2023.
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.
Balto Resources Ltd - Total Assets Trend (2014–2023)
This chart illustrates how Balto Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Balto Resources Ltd - Asset Composition Analysis
Current Asset Composition (March 2023)
Balto Resources Ltd's total assets of CA$100.98K consist of 6.8% current assets and 93.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.9% |
| Accounts Receivable | CA$5.05K | 4.9% |
| 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 (2014–2023)
This chart illustrates how Balto Resources 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: Balto Resources Ltd's current assets represent 6.8% of total assets in 2023, a decrease from 99.7% in 2014.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2023, down from 97.3% 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 accounts receivable at 4.9% of total assets.
Balto Resources Ltd Competitors by Total Assets
Key competitors of Balto Resources Ltd 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 |
Balto Resources 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 - Balto Resources 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 - Balto Resources Ltd is currently not profitable relative to its asset base.
Balto Resources 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 | 0.00 | 0.00 | 0.01 |
| Quick Ratio | 0.00 | 0.00 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-3.57 Million | CA$ -2.97 Million | CA$ -1.16 Million |
Balto Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Balto Resources 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 | 23.54 |
| Latest Market Cap to Assets Ratio | 3.68 |
| Asset Growth Rate (YoY) | -2.0% |
| Total Assets | CA$102.07K |
| Market Capitalization | $375.18K USD |
Valuation Analysis
Premium Asset Valuation: The market values Balto Resources Ltd's assets at a significant premium ( 3.68x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: Balto Resources Ltd's assets decreased by 2.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Balto Resources Ltd (2014–2023)
The table below shows the annual total assets of Balto Resources Ltd from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-03-31 | CA$102.07K | -1.95% |
| 2022-03-31 | CA$104.10K | +0.65% |
| 2021-03-31 | CA$103.43K | -2.29% |
| 2020-03-31 | CA$105.86K | +2.20% |
| 2019-03-31 | CA$103.58K | +4.84% |
| 2018-03-31 | CA$98.80K | +7.81% |
| 2017-03-31 | CA$91.64K | +0.54% |
| 2016-03-31 | CA$91.14K | -66.32% |
| 2015-03-31 | CA$270.62K | -49.97% |
| 2014-03-31 | CA$540.88K | -- |