Midasco Capital Corp
Spartan Metals Corp. engages in developing critical minerals projects in the Western United States. The company explores in tungsten, rubidium, antimony, indium, bismuth, and arsenic deposits, as well as precious and base metals. Its flagship project is the Eagle Project located in eastern Nevada. The company was formerly known as Midasco Capital Corp. and changed its name to Spartan Metals Corp.… Read more
Midasco Capital Corp (MGC-H) - Total Assets
Latest total assets as of June 2025: CA$336.13K CAD
Based on the latest financial reports, Midasco Capital Corp (MGC-H) holds total assets worth CA$336.13K CAD 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.
Midasco Capital Corp - Total Assets Trend (2013–2024)
This chart illustrates how Midasco Capital Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Midasco Capital Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Midasco Capital Corp's total assets of CA$336.13K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 92.0% |
| 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 (2013–2024)
This chart illustrates how Midasco Capital 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Midasco Capital Corp's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2013.
- Cash Position: Cash and equivalents constituted 92.0% of total assets in 2024, down from 98.3% 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 goodwill at 0.0% of total assets.
Midasco Capital Corp Competitors by Total Assets
Key competitors of Midasco Capital Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Midasco Capital Corp - 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 - Midasco Capital Corp 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 - Midasco Capital Corp is currently not profitable relative to its asset base.
Midasco Capital 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 | 0.00 | 37.60 | 0.18 |
| Quick Ratio | 0.00 | 37.60 | 0.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$336.13K | CA$ 48.02K | CA$ -130.58K |
Midasco Capital Corp - Advanced Valuation Insights
This section examines the relationship between Midasco Capital 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 | 34.87 |
| Latest Market Cap to Assets Ratio | 135.64 |
| Asset Growth Rate (YoY) | -65.4% |
| Total Assets | CA$27.59K |
| Market Capitalization | $3.74 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Midasco Capital Corp's assets at a significant premium ( 135.64x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Midasco Capital Corp's assets decreased by 65.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Midasco Capital Corp (2013–2024)
The table below shows the annual total assets of Midasco Capital Corp from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$27.59K | -65.44% |
| 2023-12-31 | CA$79.82K | -41.81% |
| 2022-12-31 | CA$137.16K | -25.78% |
| 2021-12-31 | CA$184.81K | +770.09% |
| 2020-12-31 | CA$21.24K | -67.39% |
| 2019-12-31 | CA$65.14K | -36.68% |
| 2018-12-31 | CA$102.88K | +20.54% |
| 2017-12-31 | CA$85.35K | +1093.41% |
| 2016-12-31 | CA$7.15K | -85.28% |
| 2015-12-31 | CA$48.58K | +659.98% |
| 2014-12-31 | CA$6.39K | -74.91% |
| 2013-12-31 | CA$25.48K | -- |