Green Mining Innovation Inc.
Green Mining Innovation Inc. engages in the exploration of mineral properties in the provinces of Québec, and Newfoundland. The company focuses on developing gold and technology metal deposits. It holds 100% interest in the Fortune property located in the Gaspé Peninsula, Québec; Panache North property situated in the Windfall Lake (Urban Barry) area of Québec; and the Prince Property located in … Read more
Green Mining Innovation Inc. (GMI) - Total Assets
Latest total assets as of September 2024: CA$1.82 Million CAD
Based on the latest financial reports, Green Mining Innovation Inc. (GMI) holds total assets worth CA$1.82 Million CAD as of September 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.
Green Mining Innovation Inc. - Total Assets Trend (2020–2023)
This chart illustrates how Green Mining Innovation Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Green Mining Innovation Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
Green Mining Innovation Inc.'s total assets of CA$1.82 Million consist of 16.9% current assets and 83.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 15.0% |
| 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 (2020–2023)
This chart illustrates how Green Mining Innovation Inc.'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: Green Mining Innovation Inc.'s current assets represent 16.9% of total assets in 2023, a decrease from 33.5% in 2020.
- Cash Position: Cash and equivalents constituted 15.0% of total assets in 2023, down from 29.7% 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 goodwill at 0.0% of total assets.
Green Mining Innovation Inc. Competitors by Total Assets
Key competitors of Green Mining Innovation Inc. 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 |
Green Mining Innovation Inc. - 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 - Green Mining Innovation Inc. 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 - Green Mining Innovation Inc. is currently not profitable relative to its asset base.
Green Mining Innovation Inc. - 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 | 0.17 | 0.96 | 0.04 |
| Quick Ratio | 0.17 | 0.96 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-398.97K | CA$ -21.91K | CA$ -738.50K |
Green Mining Innovation Inc. - Advanced Valuation Insights
This section examines the relationship between Green Mining Innovation Inc.'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1033.5% |
| Total Assets | CA$2.12 Million |
| Market Capitalization | $314.47 USD |
Valuation Analysis
Below Book Valuation: The market values Green Mining Innovation Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Green Mining Innovation Inc.'s assets grew by 1033.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Green Mining Innovation Inc. (2020–2023)
The table below shows the annual total assets of Green Mining Innovation Inc. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CA$2.12 Million | +1033.48% |
| 2022-12-31 | CA$187.23K | -88.68% |
| 2021-12-31 | CA$1.65 Million | +66.14% |
| 2020-12-31 | CA$995.92K | -- |