Bronco Resources Corp.
Bronco Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold deposit. It holds 75% interest in the Placer Mountain property located to the south of Princeton, British Columbia. The company was formerly known as Damara Gold Corp. and changed its name to Bronco Resources Corp. in July 2024. Bronco Resources Corp. was … Read more
Bronco Resources Corp. (BRON) - Total Assets
Latest total assets as of April 2024: CA$2.73 Million CAD
Based on the latest financial reports, Bronco Resources Corp. (BRON) holds total assets worth CA$2.73 Million CAD as of April 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.
Bronco Resources Corp. - Total Assets Trend (2020–2023)
This chart illustrates how Bronco Resources Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bronco Resources Corp. - Asset Composition Analysis
Current Asset Composition (July 2023)
Bronco Resources Corp.'s total assets of CA$2.73 Million consist of 1.2% current assets and 98.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.1% |
| Accounts Receivable | CA$1.87K | 0.1% |
| 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 (2020–2023)
This chart illustrates how Bronco Resources 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: Bronco Resources Corp.'s current assets represent 1.2% of total assets in 2023, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2023, down from 96.7% 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 accounts receivable at 0.1% of total assets.
Bronco Resources Corp. Competitors by Total Assets
Key competitors of Bronco Resources Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Bronco Resources Corp. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Bronco Resources Corp. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bronco Resources Corp. is currently not profitable relative to its asset base.
Bronco Resources Corp. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.11 | 1.47 | 1.47 |
| Quick Ratio | 0.11 | 1.47 | 1.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-151.54K | CA$ 18.65K | CA$ 18.65K |
Bronco Resources Corp. - Advanced Valuation Insights
This section examines the relationship between Bronco Resources 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 | 0.78 |
| Latest Market Cap to Assets Ratio | 0.52 |
| Asset Growth Rate (YoY) | 0.9% |
| Total Assets | CA$2.75 Million |
| Market Capitalization | $1.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Bronco Resources Corp.'s assets below their book value (0.52 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Bronco Resources Corp.'s assets grew by 0.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Bronco Resources Corp. (2020–2023)
The table below shows the annual total assets of Bronco Resources Corp. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-07-31 | CA$2.75 Million | +0.90% |
| 2022-07-31 | CA$2.72 Million | +34.91% |
| 2021-07-31 | CA$2.02 Million | +2744.13% |
| 2020-07-31 | CA$71.00K | -- |