Nortec Minerals Corp (NVT) - Total Assets
Based on the latest financial reports, Nortec Minerals Corp (NVT) holds total assets worth CA$304.42K CAD (≈ $220.22K USD) 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. Check Nortec Minerals Corp (NVT) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Nortec Minerals Corp - Total Assets Trend (2013–2024)
This chart illustrates how Nortec Minerals Corp's total assets have evolved over time, based on quarterly financial data. Explore NVT long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Nortec Minerals Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Nortec Minerals Corp's total assets of CA$304.42K consist of 98.8% current assets and 1.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 80.3% |
| 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 Nortec Minerals 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 Nortec Minerals Corp market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nortec Minerals Corp's current assets represent 98.8% of total assets in 2024, an increase from 6.9% in 2013.
- Cash Position: Cash and equivalents constituted 80.3% of total assets in 2024, up from 2.8% 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.
Nortec Minerals Corp Competitors by Total Assets
Key competitors of Nortec Minerals Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
Vale S.A
F:CVLB
|
Germany | €87.59 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
RTG Mining Inc
AU:RTG
|
Australia | AU$11.53 Million |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
Nortec Minerals Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.82 | 0.90 | 0.15 |
| Quick Ratio | 0.82 | 0.90 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-64.71K | CA$-34.89K | CA$-946.83K |
Nortec Minerals Corp - Advanced Valuation Insights
This section examines the relationship between Nortec Minerals 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 | 10.64 |
| Latest Market Cap to Assets Ratio | 3.81 |
| Asset Growth Rate (YoY) | 45.3% |
| Total Assets | CA$506.32K |
| Market Capitalization | $1.93 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Nortec Minerals Corp's assets at a significant premium (3.81x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Nortec Minerals Corp's assets grew by 45.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nortec Minerals Corp (2013–2024)
The table below shows the annual total assets of Nortec Minerals Corp from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$506.32K ≈ $366.27K |
+45.25% |
| 2023-12-31 | CA$348.58K ≈ $252.16K |
-41.50% |
| 2022-12-31 | CA$595.92K ≈ $431.08K |
+189.34% |
| 2021-12-31 | CA$205.96K ≈ $148.99K |
-93.71% |
| 2020-12-31 | CA$3.27 Million ≈ $2.37 Million |
+3.75% |
| 2019-12-31 | CA$3.15 Million ≈ $2.28 Million |
+27.27% |
| 2018-12-31 | CA$2.48 Million ≈ $1.79 Million |
+50.76% |
| 2017-12-31 | CA$1.64 Million ≈ $1.19 Million |
+44.16% |
| 2016-12-31 | CA$1.14 Million ≈ $825.08K |
+139.78% |
| 2015-12-31 | CA$475.68K ≈ $344.10K |
-93.65% |
| 2014-12-31 | CA$7.49 Million ≈ $5.42 Million |
-17.64% |
| 2013-12-31 | CA$9.09 Million ≈ $6.58 Million |
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About Nortec Minerals Corp
Nortec Minerals Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Canada, Ecuador, and Finland. The company explores for gold, zinc, copper, lead, silver, base metal, and lithium deposits. Nortec Minerals Corp. is headquartered in Vancouver, Canada.