Maritime Resources Corp. (MAE) - Total Assets
Based on the latest financial reports, Maritime Resources Corp. (MAE) holds total assets worth CA$81.96 Million CAD (≈ $59.29 Million USD) as of June 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.
Maritime Resources Corp. - Total Assets Trend (2007–2024)
This chart illustrates how Maritime Resources Corp.'s total assets have evolved over time, based on quarterly financial data. Also see MAE company net worth for the company's overall valuation and market capitalisation.
Maritime Resources Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Maritime Resources Corp.'s total assets of CA$81.96 Million consist of 10.6% current assets and 89.4% non-current assets. Review debt load of Maritime Resources Corp. to assess the company's total debt and financial obligations.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 8.3% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$331.91K | 0.6% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Maritime 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. See latest Maritime Resources Corp. stock price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Maritime Resources Corp.'s current assets represent 10.6% of total assets in 2024, a decrease from 90.6% in 2007.
- Cash Position: Cash and equivalents constituted 8.3% of total assets in 2024, down from 87.1% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 0.6% of total assets.
Maritime Resources Corp. Competitors by Total Assets
Key competitors of Maritime Resources Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B
|
USA | $52.62 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$12.16 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Shandong Gold Mining Co Ltd
SHG:600547
|
China | CN¥177.31 Billion |
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$51.48 Billion |
|
IAMGold Corporation
TO:IMG
|
Canada | CA$5.38 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
|
Dundee Precious Metals Inc
TO:DPM
|
Canada | CA$3.20 Billion |
Maritime 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 | 5.05 | 1.83 | 4.59 |
| Quick Ratio | 4.54 | 1.83 | 4.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$20.45 Million | CA$582.58K | CA$7.20 Million |
Maritime Resources Corp. - Advanced Valuation Insights
This section examines the relationship between Maritime 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 | 4.37 |
| Latest Market Cap to Assets Ratio | 3.53 |
| Asset Growth Rate (YoY) | 7.4% |
| Total Assets | CA$56.85 Million |
| Market Capitalization | $200.98 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Maritime Resources Corp.'s assets at a significant premium (3.53x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Maritime Resources Corp.'s assets grew by 7.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Maritime Resources Corp. (2007–2024)
The table below shows the annual total assets of Maritime Resources Corp. from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$56.85 Million ≈ $41.13 Million |
+7.42% |
| 2023-12-31 | CA$52.93 Million ≈ $38.29 Million |
+32.60% |
| 2022-12-31 | CA$39.91 Million ≈ $28.87 Million |
+4.79% |
| 2021-12-31 | CA$38.09 Million ≈ $27.55 Million |
+45.62% |
| 2020-12-31 | CA$26.16 Million ≈ $18.92 Million |
+85.82% |
| 2019-12-31 | CA$14.08 Million ≈ $10.18 Million |
+38.18% |
| 2018-12-31 | CA$10.19 Million ≈ $7.37 Million |
+46.83% |
| 2017-12-31 | CA$6.94 Million ≈ $5.02 Million |
+7.08% |
| 2016-12-31 | CA$6.48 Million ≈ $4.69 Million |
+31.33% |
| 2015-12-31 | CA$4.93 Million ≈ $3.57 Million |
-0.80% |
| 2014-12-31 | CA$4.97 Million ≈ $3.60 Million |
+4.07% |
| 2013-12-31 | CA$4.78 Million ≈ $3.46 Million |
-0.73% |
| 2012-12-31 | CA$4.81 Million ≈ $3.48 Million |
+53.37% |
| 2011-12-31 | CA$3.14 Million ≈ $2.27 Million |
+490.48% |
| 2009-12-31 | CA$531.61K ≈ $384.55K |
-11.37% |
| 2008-12-31 | CA$599.80K ≈ $433.89K |
+275.98% |
| 2007-12-31 | CA$159.53K ≈ $115.40K |
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About Maritime Resources Corp.
Maritime Resources Corp., a junior gold and base metals exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, lead, zinc, coper, and silver deposit. The company was incorporated in 2007 and is based in Vancouver, Canada.