Minnova Corp (MCI) - Total Assets
Based on the latest financial reports, Minnova Corp (MCI) holds total assets worth CA$2.77 Million CAD (≈ $2.00 Million USD) as of December 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. Explore Minnova Corp (MCI) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Minnova Corp - Total Assets Trend (2008–2025)
This chart illustrates how Minnova Corp's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Minnova Corp for net asset value and shareholders' equity analysis.
Minnova Corp - Asset Composition Analysis
Current Asset Composition (March 2025)
Minnova Corp's total assets of CA$2.77 Million consist of 14.2% current assets and 85.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.7% |
| Accounts Receivable | CA$26.40K | 12.6% |
| 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 (2008–2025)
This chart illustrates how Minnova 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. For live market cap, price, and company overview, see MCI company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Minnova Corp's current assets represent 14.2% of total assets in 2025, a decrease from 79.5% in 2008.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2025, down from 69.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 12.6% of total assets.
Minnova Corp Competitors by Total Assets
Key competitors of Minnova Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AngloGold Ashanti Ltd
JSE:ANG
|
South Africa | ZAC15.77 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$9.85 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Gold Fields Ltd
JSE:GFI
|
South Africa | ZAC10.86 Billion |
|
Dpm Metals Inc.
AU:DPM
|
Australia | AU$3.08 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
|
G Mining Ventures Corp.
TO:GMIN
|
Canada | CA$1.95 Billion |
|
OceanaGold Corporation
F:RQQ
|
Germany | €2.78 Billion |
Minnova 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 | 2.28 | 0.03 | 0.28 |
| Quick Ratio | 2.28 | 0.03 | 0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$1.45 Million | CA$-1.64 Million | CA$-1.17 Million |
Minnova Corp - Advanced Valuation Insights
This section examines the relationship between Minnova 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 | 0.10 |
| Latest Market Cap to Assets Ratio | 75.33 |
| Asset Growth Rate (YoY) | -5.3% |
| Total Assets | CA$210.41K |
| Market Capitalization | $15.85 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Minnova Corp's assets at a significant premium (75.33x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Minnova Corp's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Minnova Corp (2008–2025)
The table below shows the annual total assets of Minnova Corp from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | CA$210.41K ≈ $152.21K |
-5.26% |
| 2024-03-31 | CA$222.10K ≈ $160.66K |
-42.03% |
| 2023-03-31 | CA$383.14K ≈ $277.16K |
-98.19% |
| 2022-03-31 | CA$21.19 Million ≈ $15.33 Million |
+1.19% |
| 2021-03-31 | CA$20.94 Million ≈ $15.15 Million |
+7.99% |
| 2020-03-31 | CA$19.39 Million ≈ $14.03 Million |
+0.92% |
| 2019-03-31 | CA$19.21 Million ≈ $13.90 Million |
+2.12% |
| 2018-03-31 | CA$18.81 Million ≈ $13.61 Million |
+4.81% |
| 2017-03-31 | CA$17.95 Million ≈ $12.99 Million |
+18.59% |
| 2016-03-31 | CA$15.14 Million ≈ $10.95 Million |
+1.16% |
| 2015-03-31 | CA$14.96 Million ≈ $10.82 Million |
+5.71% |
| 2014-03-31 | CA$14.16 Million ≈ $10.24 Million |
+3.80% |
| 2013-03-31 | CA$13.64 Million ≈ $9.87 Million |
-13.12% |
| 2012-03-31 | CA$15.70 Million ≈ $11.35 Million |
+102.35% |
| 2011-03-31 | CA$7.76 Million ≈ $5.61 Million |
+1230.84% |
| 2010-03-31 | CA$582.89K ≈ $421.65K |
+148.98% |
| 2009-03-31 | CA$234.10K ≈ $169.35K |
+351.80% |
| 2008-03-31 | CA$51.82K ≈ $37.48K |
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About Minnova Corp
Minnova Corp., together with its subsidiary, Minnova Renewable Energy, engages in the exploration and development of mineral properties in Canada. It primarily explores for gold. The company holds 100% interests in the PL Gold mine and the Nokomis property located in Manitoba. It also engages in the research and development of biomass gasification technology activities. The company was formerly k… Read more