Northern Shield Resources Inc. Total Assets
Northern Shield Resources Inc. total assets. Based on the latest financial reports, Northern Shield Resources Inc. (NRN) holds total assets worth CA$4.88 Million CAD (≈ $3.53 Million USD) as of June 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. Also see Northern Shield Resources Inc. market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of Northern Shield Resources Inc. (2002–2025)
Total assets of Northern Shield Resources Inc. from 2002 to 2025. This chart illustrates how Northern Shield Resources Inc.'s total assets have evolved over time, based on quarterly financial data. See current stock price of Northern Shield Resources Inc. for real-time trading data and today's change.
Northern Shield Resources Inc. - Asset Composition Analysis
Northern Shield Resources Inc. Total Assets Breakdown (December 2025)
Northern Shield Resources Inc. total assets breakdown as of December 2025. Northern Shield Resources Inc.'s total assets of CA$4.88 Million consist of 24.3% current assets and 75.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 18.7% |
| Accounts Receivable | CA$50.27K | 1.2% |
| 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 (2002–2025)
This chart illustrates how Northern Shield Resources 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. Explore Northern Shield Resources Inc. (NRN) liquidity to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Northern Shield Resources Inc.'s current assets represent 24.3% of total assets in 2025, a decrease from 97.0% in 2002.
- Cash Position: Cash and equivalents constituted 18.7% of total assets in 2025, down from 87.5% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.
Northern Shield Resources Inc. Competitors by Total Assets
Key competitors of Northern Shield Resources Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Rio Tinto Group
F:RIOA
|
Germany | €128.10 Billion |
|
China Molybdenum Co. Ltd
F:D7N
|
Germany | €227.74 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥63.81 Billion |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.65 Billion |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378
|
China | CN¥9.17 Billion |
|
Tibet Mineral Development Co Ltd
SHE:000762
|
China | CN¥7.42 Billion |
|
Perenti Ltd
AU:PRN
|
Australia | AU$3.16 Billion |
Northern Shield Resources 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 | 2.07 | 1.36 | 3.43 |
| Quick Ratio | 2.07 | 1.36 | 3.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$483.55K | CA$238.31K | CA$712.91K |
Northern Shield Resources Inc. - Advanced Valuation Insights
This section examines the relationship between Northern Shield Resources 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 | 1.39 |
| Latest Market Cap to Assets Ratio | 1.06 |
| Asset Growth Rate (YoY) | 41.3% |
| Total Assets | CA$4.20 Million |
| Market Capitalization | $4.44 Million USD |
Valuation Analysis
Above Book Valuation: The market values Northern Shield Resources Inc.'s assets above their book value (1.06x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Northern Shield Resources Inc.'s assets grew by 41.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Northern Shield Resources Inc. (2002–2025)
The table below shows the annual total assets of Northern Shield Resources Inc. from 2002 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$4.20 Million ≈ $3.04 Million |
+41.31% |
| 2024-12-31 | CA$2.98 Million ≈ $2.15 Million |
-50.56% |
| 2023-12-31 | CA$6.02 Million ≈ $4.35 Million |
+4.35% |
| 2022-12-31 | CA$5.77 Million ≈ $4.17 Million |
+1.01% |
| 2021-12-31 | CA$5.71 Million ≈ $4.13 Million |
+3.86% |
| 2020-12-31 | CA$5.50 Million ≈ $3.98 Million |
+95.88% |
| 2019-12-31 | CA$2.81 Million ≈ $2.03 Million |
+52.23% |
| 2018-12-31 | CA$1.84 Million ≈ $1.33 Million |
-35.86% |
| 2017-12-31 | CA$2.87 Million ≈ $2.08 Million |
-25.58% |
| 2016-12-31 | CA$3.86 Million ≈ $2.79 Million |
+559.58% |
| 2015-12-31 | CA$585.57K ≈ $423.59K |
-85.68% |
| 2014-12-31 | CA$4.09 Million ≈ $2.96 Million |
-54.83% |
| 2013-12-31 | CA$9.05 Million ≈ $6.55 Million |
-12.70% |
| 2012-12-31 | CA$10.37 Million ≈ $7.50 Million |
+39.23% |
| 2011-12-31 | CA$7.45 Million ≈ $5.39 Million |
+33.43% |
| 2010-12-31 | CA$5.58 Million ≈ $4.04 Million |
+21.69% |
| 2009-12-31 | CA$4.59 Million ≈ $3.32 Million |
-6.09% |
| 2008-12-31 | CA$4.89 Million ≈ $3.53 Million |
+66.50% |
| 2007-12-31 | CA$2.93 Million ≈ $2.12 Million |
-6.35% |
| 2006-12-31 | CA$3.13 Million ≈ $2.27 Million |
+13.48% |
| 2005-12-31 | CA$2.76 Million ≈ $2.00 Million |
+13.87% |
| 2004-12-31 | CA$2.42 Million ≈ $1.75 Million |
+82.83% |
| 2003-12-31 | CA$1.33 Million ≈ $959.31K |
+625.70% |
| 2002-12-31 | CA$182.74K ≈ $132.19K |
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About Northern Shield Resources Inc.
Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. The company explores for nickel, copper, gold, silver, and tellurium deposits, as well as platinum group metals. Its flagship property is the Root & Cellar Au-Ag-Te-(Cu) property that consists of 16 mineral licenses covering an area of approx… Read more