New Destiny Mining Corp (NED) - Total Assets
Based on the latest financial reports, New Destiny Mining Corp (NED) holds total assets worth CA$11.63K CAD (≈ $8.41K 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 how aggressively does New Destiny Mining Corp reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
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. Check NED cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
New Destiny Mining Corp - Asset Composition Analysis
Current Asset Composition (June 2025)
New Destiny Mining Corp's total assets of CA$11.63K consist of 34.9% current assets and 65.2% non-current assets.
| 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. For live market cap, price, and company overview, see how much is New Destiny Mining Corp worth.
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 |
|---|---|---|
|
ST.GEORGE MINING LTD
F:S0G
|
Germany | €3.06 Million |
|
Rio Tinto Group
F:RIOA
|
Germany | €128.10 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥174.67 Billion |
|
Yunnan Lincang Xinyuan Germanium Industrial Co Ltd
SHE:002428
|
China | CN¥3.49 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.36 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Almonty Industries Inc. Common Shares
NASDAQ:ALM
|
USA | $589.73 Million |
New Destiny Mining Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.00 | 0.01 | 0.01 |
| Quick Ratio | 0.00 | 0.01 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-2.39 Million | CA$-2.00 Million | CA$-550.65K |
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 | 46.61 |
| Asset Growth Rate (YoY) | -61.0% |
| Total Assets | CA$12.28K |
| Market Capitalization | $572.34K USD |
Valuation Analysis
Premium Asset Valuation: The market values New Destiny Mining Corp's assets at a significant premium (46.61x), 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 |
-- |
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.