Noble Metal Group Incorporated
Noble Metal Group Incorporated, a junior resource company, engages in the exploration and development of mineral properties in Canada. The company explores for gold deposits. It holds a 100% interest in the Cariboo Mineral and Placer property covering an area of 4,846.153 hectares located in the Cariboo Mining Division, British Columbia; and the Lease of Placer Minerals property that covers an ar… Read more
Noble Metal Group Incorporated (NMG-H) - Total Assets
Latest total assets as of March 2025: CA$5.97 Million CAD
Based on the latest financial reports, Noble Metal Group Incorporated (NMG-H) holds total assets worth CA$5.97 Million CAD as of March 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.
Noble Metal Group Incorporated - Total Assets Trend (2017–2024)
This chart illustrates how Noble Metal Group Incorporated’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Noble Metal Group Incorporated - Asset Composition Analysis
Current Asset Composition (December 2024)
Noble Metal Group Incorporated's total assets of CA$5.97 Million consist of 0.0% current assets and 100.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.0% |
| 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 (2017–2024)
This chart illustrates how Noble Metal Group Incorporated'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: Noble Metal Group Incorporated's current assets represent 0.0% of total assets in 2024, unchanged from 0.0% in 2017.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, up from 0.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Noble Metal Group Incorporated Competitors by Total Assets
Key competitors of Noble Metal Group Incorporated based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Noble Metal Group Incorporated - 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 - Noble Metal Group Incorporated 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 - Noble Metal Group Incorporated is currently not profitable relative to its asset base.
Noble Metal Group Incorporated - 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 | 0.00 |
| Quick Ratio | 0.00 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-6.26 Million | CA$ -8.68 Million | CA$ -3.67 Million |
Noble Metal Group Incorporated - Advanced Valuation Insights
This section examines the relationship between Noble Metal Group Incorporated'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 | - |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 0.3% |
| Total Assets | CA$5.97 Million |
| Market Capitalization | $368.88K USD |
Valuation Analysis
Below Book Valuation: The market values Noble Metal Group Incorporated's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Noble Metal Group Incorporated's assets grew by 0.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Noble Metal Group Incorporated (2017–2024)
The table below shows the annual total assets of Noble Metal Group Incorporated from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$5.97 Million | +0.29% |
| 2023-12-31 | CA$5.95 Million | +0.58% |
| 2022-12-31 | CA$5.92 Million | +0.37% |
| 2021-12-31 | CA$5.90 Million | +0.50% |
| 2020-12-31 | CA$5.87 Million | -0.92% |
| 2019-12-31 | CA$5.92 Million | +1.36% |
| 2018-12-31 | CA$5.84 Million | +1.82% |
| 2017-12-31 | CA$5.74 Million | -- |