Conquest Resources Ltd
Conquest Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in northern Ontario. The company explores for gold, copper, nickel, lithium, uranium, and other precious and base metals. Its flagship property is the Belfast- TeckMag property that includes 1,390 mining claim cells and 5 mining leases located in the Temagami M… Read more
Conquest Resources Ltd (CQR) - Total Assets
Latest total assets as of September 2025: CA$925.79K CAD
Based on the latest financial reports, Conquest Resources Ltd (CQR) holds total assets worth CA$925.79K CAD as of September 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.
Conquest Resources Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Conquest Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Conquest Resources Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Conquest Resources Ltd's total assets of CA$925.79K consist of 97.7% current assets and 2.3% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 64.1% |
| 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 (2013–2024)
This chart illustrates how Conquest 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: Conquest Resources Ltd's current assets represent 97.7% of total assets in 2024, an increase from 1.3% in 2013.
- Cash Position: Cash and equivalents constituted 64.1% of total assets in 2024, up from 0.1% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Conquest Resources Ltd Competitors by Total Assets
Key competitors of Conquest Resources Ltd 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 |
Conquest 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 - Conquest 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 - Conquest Resources Ltd is currently not profitable relative to its asset base.
Conquest 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 | 11.34 | 2.30 | 8.64 |
| Quick Ratio | 11.34 | 2.30 | 8.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$844.15K | CA$ 1.02 Million | CA$ 4.74 Million |
Conquest Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Conquest 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 | 10.06 |
| Latest Market Cap to Assets Ratio | 3.97 |
| Asset Growth Rate (YoY) | -35.5% |
| Total Assets | CA$1.08 Million |
| Market Capitalization | $4.27 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Conquest Resources Ltd's assets at a significant premium ( 3.97x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Conquest Resources Ltd's assets decreased by 35.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Conquest Resources Ltd (2013–2024)
The table below shows the annual total assets of Conquest Resources Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.08 Million | -35.47% |
| 2023-12-31 | CA$1.67 Million | +36.54% |
| 2022-12-31 | CA$1.22 Million | -41.23% |
| 2021-12-31 | CA$2.08 Million | -61.23% |
| 2020-12-31 | CA$5.36 Million | +505.08% |
| 2019-12-31 | CA$886.54K | +31.50% |
| 2018-12-31 | CA$674.17K | -22.41% |
| 2017-12-31 | CA$868.91K | +1196.61% |
| 2016-12-31 | CA$67.01K | -72.12% |
| 2015-12-31 | CA$240.41K | -34.85% |
| 2014-12-31 | CA$369.00K | -95.25% |
| 2013-12-31 | CA$7.77 Million | -- |