Highbank Resources Ltd. (HBK) - Total Assets
Based on the latest financial reports, Highbank Resources Ltd. (HBK) holds total assets worth CA$372.27K CAD (≈ $269.29K USD) 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. Explore Highbank Resources Ltd. debt service capacity to assess how comfortably operating cash covers total debt obligations.
Highbank Resources Ltd. - Total Assets Trend (2013–2023)
This chart illustrates how Highbank Resources Ltd.'s total assets have evolved over time, based on quarterly financial data. See Highbank Resources Ltd. (HBK) net assets for net asset value and shareholders' equity analysis.
Highbank Resources Ltd. - Asset Composition Analysis
Current Asset Composition (December 2023)
Highbank Resources Ltd.'s total assets of CA$372.27K consist of 5.0% current assets and 95.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 2.9% |
| Accounts Receivable | CA$270.00 | 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 (2013–2023)
This chart illustrates how Highbank 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. For live market cap, price, and company overview, see market value of Highbank Resources Ltd..
Key Asset Composition Facts
- Current vs. Non-Current Assets: Highbank Resources Ltd.'s current assets represent 5.0% of total assets in 2023, a decrease from 5.1% in 2013.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2023, down from 3.1% 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 accounts receivable at 0.1% of total assets.
Highbank Resources Ltd. Competitors by Total Assets
Key competitors of Highbank Resources Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Lynas Rare Earths Limited
F:LYIC
|
Germany | €2.94 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥27.26 Billion |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥63.81 Billion |
|
ALMONTY INDUSTRIES CDIS/1
F:ALI0
|
Germany | €589.73 Million |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$605.62 Million |
Highbank Resources Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.00 | 0.00 | 0.01 |
| Quick Ratio | 0.00 | 0.00 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-12.88 Million | CA$-11.97 Million | CA$-5.40 Million |
Highbank Resources Ltd. - Advanced Valuation Insights
This section examines the relationship between Highbank 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 | 8.29 |
| Latest Market Cap to Assets Ratio | 0.67 |
| Asset Growth Rate (YoY) | -21.4% |
| Total Assets | CA$376.98K |
| Market Capitalization | $254.10K USD |
Valuation Analysis
Below Book Valuation: The market values Highbank Resources Ltd.'s assets below their book value (0.67x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Highbank Resources Ltd.'s assets decreased by 21.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Highbank Resources Ltd. (2013–2023)
The table below shows the annual total assets of Highbank Resources Ltd. from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | CA$376.98K ≈ $272.70K |
-21.38% |
| 2022-12-31 | CA$479.50K ≈ $346.87K |
+136.89% |
| 2021-12-31 | CA$202.42K ≈ $146.43K |
-97.49% |
| 2020-12-31 | CA$8.07 Million ≈ $5.84 Million |
-16.85% |
| 2019-12-31 | CA$9.71 Million ≈ $7.02 Million |
-14.08% |
| 2018-12-31 | CA$11.30 Million ≈ $8.17 Million |
+1.04% |
| 2017-12-31 | CA$11.18 Million ≈ $8.09 Million |
+4.60% |
| 2016-12-31 | CA$10.69 Million ≈ $7.73 Million |
+1.82% |
| 2015-12-31 | CA$10.50 Million ≈ $7.60 Million |
+14.29% |
| 2014-12-31 | CA$9.19 Million ≈ $6.65 Million |
+258.54% |
| 2013-12-31 | CA$2.56 Million ≈ $1.85 Million |
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About Highbank Resources Ltd.
Highbank Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily mines for sand and gravel resources. The company holds interest in the Swamp Point North sand and gravel quarry located in Portland Canal, British Columbia. It also holds an option agreement to acquire Terra Nova property located in Newfoundland and Labrador. Highbank Res… Read more