Commerce Resources Corp. (CCE) - Total Assets

Latest as of April 2025: CA$53.64 Million CAD ≈ $38.80 Million USD

Based on the latest financial reports, Commerce Resources Corp. (CCE) holds total assets worth CA$53.64 Million CAD (≈ $38.80 Million USD) as of April 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 CCE cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Commerce Resources Corp. - Total Assets Trend (2001–2024)

This chart illustrates how Commerce Resources Corp.'s total assets have evolved over time, based on quarterly financial data. Explore how much of Commerce Resources Corp.'s assets are long-term investments to see how much of total assets are deployed in long-term investments.

Commerce Resources Corp. - Asset Composition Analysis

Current Asset Composition (October 2024)

Commerce Resources Corp.'s total assets of CA$53.64 Million consist of 7.3% current assets and 92.7% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 4.5%
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 (2001–2024)

This chart illustrates how Commerce 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. For live market cap, price, and company overview, see Commerce Resources Corp. (CCE) market capitalisation.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Commerce Resources Corp.'s current assets represent 7.3% of total assets in 2024, an increase from 5.9% in 2001.
  • Cash Position: Cash and equivalents constituted 4.5% of total assets in 2024, up from 1.1% in 2001.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Commerce Resources Corp. Competitors by Total Assets

Key competitors of Commerce Resources Corp. 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

Commerce 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 0.50 6.73 1.36
Quick Ratio 0.50 6.73 1.36
Cash Ratio 0.00 0.00 0.00
Working Capital CA$-1.26 Million CA$2.68 Million CA$357.20K

Commerce Resources Corp. - Advanced Valuation Insights

This section examines the relationship between Commerce 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 0.90
Latest Market Cap to Assets Ratio 0.56
Asset Growth Rate (YoY) -29.2%
Total Assets CA$54.74 Million
Market Capitalization $30.80 Million USD

Valuation Analysis

Below Book Valuation: The market values Commerce Resources Corp.'s assets below their book value (0.56x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Commerce Resources Corp.'s assets decreased by 29.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Commerce Resources Corp. (2001–2024)

The table below shows the annual total assets of Commerce Resources Corp. from 2001 to 2024.

Year Total Assets Change
2024-10-31 CA$54.74 Million
≈ $39.60 Million
-29.17%
2023-10-31 CA$77.29 Million
≈ $55.91 Million
+5.60%
2022-10-31 CA$73.19 Million
≈ $52.94 Million
+2.79%
2021-10-31 CA$71.20 Million
≈ $51.51 Million
+11.54%
2020-10-31 CA$63.83 Million
≈ $46.18 Million
+1.37%
2019-10-31 CA$62.97 Million
≈ $45.55 Million
+1.48%
2018-10-31 CA$62.06 Million
≈ $44.89 Million
-0.07%
2017-10-31 CA$62.10 Million
≈ $44.92 Million
+1.14%
2016-10-31 CA$61.40 Million
≈ $44.41 Million
+2.76%
2015-10-31 CA$59.75 Million
≈ $43.22 Million
+2.81%
2014-10-31 CA$58.11 Million
≈ $42.04 Million
+11.02%
2013-10-31 CA$52.35 Million
≈ $37.87 Million
+0.89%
2012-10-31 CA$51.88 Million
≈ $37.53 Million
-4.76%
2011-10-31 CA$54.48 Million
≈ $39.41 Million
+23.16%
2010-10-31 CA$44.24 Million
≈ $32.00 Million
-1.90%
2009-10-31 CA$45.09 Million
≈ $32.62 Million
+9.42%
2008-10-31 CA$41.21 Million
≈ $29.81 Million
-5.90%
2007-10-31 CA$43.79 Million
≈ $31.68 Million
+666.36%
2006-10-31 CA$5.71 Million
≈ $4.13 Million
+345.95%
2005-10-31 CA$1.28 Million
≈ $926.94K
+12.83%
2004-10-31 CA$1.14 Million
≈ $821.54K
-14.54%
2003-10-31 CA$1.33 Million
≈ $961.30K
-25.08%
2002-10-31 CA$1.77 Million
≈ $1.28 Million
+16.47%
2001-10-31 CA$1.52 Million
≈ $1.10 Million
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About Commerce Resources Corp.

V:CCE Canada Other Industrial Metals & Mining
Market Cap
$32.03 Million
CA$44.27 Million CAD
Market Cap Rank
#23731 Global
#885 in Canada
Share Price
CA$0.23
Change (1 day)
-2.13%
52-Week Range
CA$0.07 - CA$0.34
All Time High
CA$1.10
About

Mont Royal Resources Limited engages in the development and exploration of minerals properties in Canada. It owns a 100% interest in the Ashram rare earth and fluorspar deposit in Québec, Canada; and a 75% interest in the Northern Lights project that covers an area of 536km2 located in the Upper Eastmain Greenstone belt. Mont Royal Resources Limited is based in Sydney, Australia.