New Destiny Mining Corp (NED) - Total Assets
Based on the latest financial reports, New Destiny Mining Corp (NED) holds total assets worth CA$11.13K CAD (≈ $8.05K USD) as of March 2026. 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.
New Destiny Mining Corp - Total Assets Trend (2014–2025)
This chart illustrates how New Destiny Mining Corp's total assets have evolved over time, based on quarterly financial data. Also see NED market cap for the company's overall valuation and market capitalisation.
New Destiny Mining Corp - Asset Composition Analysis
Current Asset Composition (June 2025)
New Destiny Mining Corp's total assets of CA$11.13K consist of 34.9% current assets and 65.2% non-current assets. Review NED total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.2% |
| 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 (2014–2025)
This chart illustrates how New Destiny Mining 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 New Destiny Mining Corp stock price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: New Destiny Mining Corp's current assets represent 34.9% of total assets in 2025, an increase from 31.3% in 2014.
- Cash Position: Cash and equivalents constituted 1.2% of total assets in 2025, down from 3.7% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
New Destiny Mining Corp Competitors by Total Assets
Key competitors of New Destiny Mining Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Fortescue Ltd
AU:FMG
|
Australia | AU$31.37 Billion |
|
Yunnan Lincang Xinyuan Germanium Industrial Co Ltd
SHE:002428
|
China | CN¥3.49 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
JCHX Mining Management Co Ltd
SHG:603979
|
China | CN¥19.62 Billion |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.40 Billion |
|
BHP Group Limited
LSE:BHP
|
UK | GBX121.33 Billion |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥63.81 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$605.62 Million |
New Destiny Mining Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.00 | 0.00 | 0.01 |
| Quick Ratio | 0.00 | 0.00 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-2.49 Million | CA$-2.09 Million | CA$-564.80K |
New Destiny Mining Corp - Advanced Valuation Insights
This section examines the relationship between New Destiny Mining 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 | 36.96 |
| Latest Market Cap to Assets Ratio | 33.29 |
| Asset Growth Rate (YoY) | -61.0% |
| Total Assets | CA$12.28K |
| Market Capitalization | $408.81K USD |
Valuation Analysis
Premium Asset Valuation: The market values New Destiny Mining Corp's assets at a significant premium (33.29x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: New Destiny Mining Corp's assets decreased by 61.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for New Destiny Mining Corp (2014–2025)
The table below shows the annual total assets of New Destiny Mining Corp from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | CA$12.28K ≈ $8.88K |
-61.04% |
| 2024-06-30 | CA$31.52K ≈ $22.80K |
+122.46% |
| 2023-06-30 | CA$14.17K ≈ $10.25K |
+48.05% |
| 2022-06-30 | CA$9.57K ≈ $6.92K |
-16.69% |
| 2021-06-30 | CA$11.49K ≈ $8.31K |
+12.04% |
| 2020-06-30 | CA$10.25K ≈ $7.42K |
-45.95% |
| 2019-06-30 | CA$18.97K ≈ $13.72K |
-71.50% |
| 2018-06-30 | CA$66.56K ≈ $48.15K |
+330.93% |
| 2017-06-30 | CA$15.45K ≈ $11.17K |
+915.52% |
| 2016-06-30 | CA$1.52K ≈ $1.10K |
-99.08% |
| 2015-06-30 | CA$164.95K ≈ $119.32K |
+581.73% |
| 2014-06-30 | CA$24.20K ≈ $17.50K |
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About New Destiny Mining Corp
New Destiny Mining Corp. engages in acquiring, exploring, and evaluating mineral properties in Canada. The company explores for silver, gold, lead, zinc, and copper deposits. Its flagship project is the Treasure Mountain silver property located in southern British Columbia, Canada. The company was incorporated in 2009 and is headquartered in Vancouver, Canada.