Optegra Ventures Inc.
Optegra Ventures Inc., a natural resource company, engages in the acquisition, exploration, and development of mineral properties. The company explores in the gold and precious metal deposits. It holds 88% interest in the Cumberland projects covering an area of approximately 26,000 hectares located in Georgetown, North Queensland; the Compass Creek projects consist of 6,400 hectares in Pine Creek… Read more
Optegra Ventures Inc. (OPTG) - Total Assets
Latest total assets as of March 2024: CA$1.39 Million CAD
Based on the latest financial reports, Optegra Ventures Inc. (OPTG) holds total assets worth CA$1.39 Million CAD as of March 2024.
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.
Optegra Ventures Inc. - Total Assets Trend (2020–2023)
This chart illustrates how Optegra Ventures Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Optegra Ventures Inc. - Asset Composition Analysis
Current Asset Composition (September 2023)
Optegra Ventures Inc.'s total assets of CA$1.39 Million consist of 3.9% current assets and 96.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.1% |
| 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 (2020–2023)
This chart illustrates how Optegra Ventures 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Optegra Ventures Inc.'s current assets represent 3.9% of total assets in 2023, a decrease from 80.3% in 2020.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2023, down from 75.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Optegra Ventures Inc. Competitors by Total Assets
Key competitors of Optegra Ventures Inc. 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 |
Optegra Ventures Inc. - 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 - Optegra Ventures Inc. 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 - Optegra Ventures Inc. is currently not profitable relative to its asset base.
Optegra Ventures 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 | 0.08 | 0.84 | 0.84 |
| Quick Ratio | 0.08 | 0.84 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-551.11K | CA$ -36.12K | CA$ -36.12K |
Optegra Ventures Inc. - Advanced Valuation Insights
This section examines the relationship between Optegra Ventures 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 | 0.71 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -64.0% |
| Total Assets | CA$1.34 Million |
| Market Capitalization | $153.49K USD |
Valuation Analysis
Below Book Valuation: The market values Optegra Ventures Inc.'s assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Optegra Ventures Inc.'s assets decreased by 64.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Optegra Ventures Inc. (2020–2023)
The table below shows the annual total assets of Optegra Ventures Inc. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | CA$1.34 Million | -64.03% |
| 2022-09-30 | CA$3.74 Million | -2.59% |
| 2021-09-30 | CA$3.84 Million | -0.84% |
| 2020-09-30 | CA$3.87 Million | -- |