Nortec Minerals Corp Total Assets
Nortec Minerals Corp 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. Also see NVT market cap for the company's overall valuation and market capitalisation.
Total Assets of Nortec Minerals Corp (2013–2024)
Total assets of Nortec Minerals Corp from 2013 to 2024. This chart illustrates how Nortec Minerals Corp's total assets have evolved over time, based on quarterly financial data. See current stock price of Nortec Minerals Corp for real-time trading data and today's change.
Nortec Minerals Corp - Asset Composition Analysis
Nortec Minerals Corp Total Assets Breakdown (December 2024)
Nortec Minerals Corp total assets breakdown as of 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. Explore Nortec Minerals Corp working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
BHP Group Ltd
AU:BHP
|
Australia | AU$116.09 Billion |
|
Rio Tinto Group
MX:RION
|
Mexico | MX$128.10 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
MP Materials Corp
NYSE:MP
|
USA | $3.73 Billion |
|
JCHX Mining Management Co Ltd
SHG:603979
|
China | CN¥19.62 Billion |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥63.81 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Chengtun Mining Group Co Ltd
SHG:600711
|
China | CN¥50.58 Billion |
Nortec Minerals Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.82 | 0.90 | 0.15 |
| Quick Ratio | 0.82 | 0.90 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-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 | 3.05 |
| Asset Growth Rate (YoY) | 45.3% |
| Total Assets | CA$506.32K |
| Market Capitalization | $1.55 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Nortec Minerals Corp's assets at a significant premium (3.05x), 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.