Midland Exploration Inc (MD) - Total Assets
Based on the latest financial reports, Midland Exploration Inc (MD) holds total assets worth CA$48.45 Million CAD (≈ $35.05 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. Check Midland Exploration Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Midland Exploration Inc - Total Assets Trend (2006–2025)
This chart illustrates how Midland Exploration Inc's total assets have evolved over time, based on quarterly financial data. Explore MD long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Midland Exploration Inc - Asset Composition Analysis
Current Asset Composition (September 2025)
Midland Exploration Inc's total assets of CA$48.45 Million consist of 19.7% current assets and 80.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 4.0% |
| Accounts Receivable | CA$147.69K | 0.3% |
| 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 (2006–2025)
This chart illustrates how Midland Exploration 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. For live market cap, price, and company overview, see market cap of Midland Exploration Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Midland Exploration Inc's current assets represent 19.7% of total assets in 2025, a decrease from 38.4% in 2006.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2025, down from 37.5% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
Midland Exploration Inc Competitors by Total Assets
Key competitors of Midland Exploration Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
Vale S.A
F:CVLB
|
Germany | €87.59 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
RTG Mining Inc
AU:RTG
|
Australia | AU$11.53 Million |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
Midland Exploration 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 | 5.91 | 4.07 | 9.31 |
| Quick Ratio | 5.91 | 4.07 | 9.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$9.23 Million | CA$5.41 Million | CA$10.68 Million |
Midland Exploration Inc - Advanced Valuation Insights
This section examines the relationship between Midland Exploration 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 | 1.05 |
| Latest Market Cap to Assets Ratio | 0.75 |
| Asset Growth Rate (YoY) | 13.5% |
| Total Assets | CA$46.79 Million |
| Market Capitalization | $35.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Midland Exploration Inc's assets below their book value (0.75x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Midland Exploration Inc's assets grew by 13.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Midland Exploration Inc (2006–2025)
The table below shows the annual total assets of Midland Exploration Inc from 2006 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | CA$46.79 Million ≈ $33.84 Million |
+13.50% |
| 2024-09-30 | CA$41.22 Million ≈ $29.82 Million |
-1.06% |
| 2023-09-30 | CA$41.66 Million ≈ $30.14 Million |
+6.24% |
| 2022-09-30 | CA$39.22 Million ≈ $28.37 Million |
-1.75% |
| 2021-09-30 | CA$39.92 Million ≈ $28.87 Million |
+2.63% |
| 2020-09-30 | CA$38.89 Million ≈ $28.14 Million |
+0.72% |
| 2019-09-30 | CA$38.62 Million ≈ $27.93 Million |
+29.86% |
| 2018-09-30 | CA$29.74 Million ≈ $21.51 Million |
+12.31% |
| 2017-09-30 | CA$26.48 Million ≈ $19.15 Million |
+8.26% |
| 2016-09-30 | CA$24.46 Million ≈ $17.69 Million |
+0.20% |
| 2015-09-30 | CA$24.41 Million ≈ $17.66 Million |
+146.72% |
| 2014-09-30 | CA$9.89 Million ≈ $7.16 Million |
-0.61% |
| 2013-09-30 | CA$9.95 Million ≈ $7.20 Million |
+25.53% |
| 2012-09-30 | CA$7.93 Million ≈ $5.74 Million |
+3.37% |
| 2011-09-30 | CA$7.67 Million ≈ $5.55 Million |
+12.32% |
| 2010-09-30 | CA$6.83 Million ≈ $4.94 Million |
+34.39% |
| 2009-09-30 | CA$5.08 Million ≈ $3.68 Million |
+3.25% |
| 2008-09-30 | CA$4.92 Million ≈ $3.56 Million |
-2.41% |
| 2007-09-30 | CA$5.04 Million ≈ $3.65 Million |
+492.76% |
| 2006-09-30 | CA$850.81K ≈ $615.46K |
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About Midland Exploration Inc
Midland Exploration Inc., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold, copper, zinc, nickel, cobalt, PGE, silver, lithium, molybdenum, lead, and bismuth deposits. The company was incorporated in 1995 and is headquartered in Montreal, Canada.