Comet Industries Ltd
Comet Industries Ltd. holds and manages real estate properties and the properties under development in the British Columbia. It is involved in the business of holding mineral properties. It holds a 40% working interest in five crown granted mineral claims comprising the Iron Mask property located in southwest Kamloops, British Columbia. The company was incorporated in 1966 and is based in Vancouv… Read more
Comet Industries Ltd (CMU) - Total Assets
Latest total assets as of April 2025: CA$9.76 Million CAD
Based on the latest financial reports, Comet Industries Ltd (CMU) holds total assets worth CA$9.76 Million CAD 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.
Comet Industries Ltd - Total Assets Trend (2014–2025)
This chart illustrates how Comet Industries Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Comet Industries Ltd - Asset Composition Analysis
Current Asset Composition (January 2025)
Comet Industries Ltd's total assets of CA$9.76 Million consist of 41.4% current assets and 58.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 38.3% |
| 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 Comet Industries 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: Comet Industries Ltd's current assets represent 41.4% of total assets in 2025, an increase from 22.8% in 2014.
- Cash Position: Cash and equivalents constituted 38.3% of total assets in 2025, up from 20.8% 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.
Comet Industries Ltd Competitors by Total Assets
Key competitors of Comet Industries Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aurora Eiendom A.S.
OL:AURA
|
Norway | Nkr9.08 Billion |
|
PT Multisarana Intan Eduka Tbk
JK:MSIE
|
Indonesia | Rp124.39 Billion |
|
Shenzhen SEG Co Ltd
SHE:000058
|
China | CN¥5.05 Billion |
|
Beijing Mainstreets Investment
SHE:000609
|
China | CN¥1.92 Billion |
|
5I5j Holding Group Co Ltd
SHE:000560
|
China | CN¥26.38 Billion |
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
China | CN¥2.14 Billion |
|
Rongfeng Holding Group
SHE:000668
|
China | CN¥1.28 Billion |
|
Sanxiang Co Ltd
SHE:000863
|
China | CN¥5.88 Billion |
Comet Industries 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 - Comet Industries 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 - Comet Industries Ltd is currently not profitable relative to its asset base.
Comet Industries 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 | 35.45 | 6.97 | 0.33 |
| Quick Ratio | 35.45 | 6.97 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$3.67 Million | CA$ 7.38 Million | CA$ -234.27K |
Comet Industries Ltd - Advanced Valuation Insights
This section examines the relationship between Comet Industries 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 | 2.30 |
| Latest Market Cap to Assets Ratio | 0.53 |
| Asset Growth Rate (YoY) | -12.1% |
| Total Assets | CA$9.91 Million |
| Market Capitalization | $5.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Comet Industries Ltd's assets below their book value (0.53 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Comet Industries Ltd's assets decreased by 12.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Comet Industries Ltd (2014–2025)
The table below shows the annual total assets of Comet Industries Ltd from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-01-31 | CA$9.91 Million | -12.06% |
| 2024-01-31 | CA$11.27 Million | +349.79% |
| 2023-01-31 | CA$2.51 Million | -5.53% |
| 2022-01-31 | CA$2.65 Million | +21.98% |
| 2018-01-31 | CA$2.17 Million | -0.26% |
| 2017-01-31 | CA$2.18 Million | +0.45% |
| 2016-01-31 | CA$2.17 Million | +34.54% |
| 2015-01-31 | CA$1.61 Million | -5.50% |
| 2014-01-31 | CA$1.71 Million | -- |