Palamina Corp (PA) - Total Assets
Based on the latest financial reports, Palamina Corp (PA) holds total assets worth CA$165.68K CAD as of September 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.
Palamina Corp - Total Assets Trend (2015–2024)
This chart illustrates how Palamina Corp's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Palamina Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Palamina Corp's total assets of CA$165.68K consist of 46.3% current assets and 53.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 17.4% |
| 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 (2015–2024)
This chart illustrates how Palamina 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Palamina Corp's current assets represent 46.3% of total assets in 2024, a decrease from 100.0% in 2015.
- Cash Position: Cash and equivalents constituted 17.4% of total assets in 2024, down from 98.2% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Palamina Corp Competitors by Total Assets
Key competitors of Palamina Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Resource Base Ltd
AU:RBX
|
Australia | AU$1.81 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
|
AMIGO HLDGS PLC. LS-0025
F:0VG
|
Germany | €46.30 Million |
|
Asante Gold Corporation
F:1A9
|
Germany | €913.08 Million |
|
American Pacific Mining Corp
F:1QC1
|
Germany | €39.92 Million |
|
SITKA GOLD CORP
F:1RF
|
Germany | €70.38 Million |
Palamina Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.06 | 2.14 | 0.17 |
| Quick Ratio | 0.06 | 2.14 | 0.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-1.53 Million | CA$651.54K | CA$-353.84K |
Palamina Corp - Advanced Valuation Insights
This section examines the relationship between Palamina 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 | 6.31 |
| Latest Market Cap to Assets Ratio | 22.99 |
| Asset Growth Rate (YoY) | -86.4% |
| Total Assets | CA$504.96K |
| Market Capitalization | $11.61 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Palamina Corp's assets at a significant premium (22.99x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Palamina Corp's assets decreased by 86.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Palamina Corp (2015–2024)
The table below shows the annual total assets of Palamina Corp from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$504.96K | -86.39% |
| 2023-12-31 | CA$3.71 Million | +1112.38% |
| 2022-12-31 | CA$306.09K | -88.51% |
| 2021-12-31 | CA$2.66 Million | +1159.72% |
| 2020-12-31 | CA$211.48K | -64.53% |
| 2019-12-31 | CA$596.19K | +451.30% |
| 2018-12-31 | CA$108.14K | -71.14% |
| 2017-12-31 | CA$374.77K | -78.89% |
| 2016-12-31 | CA$1.78 Million | +11.40% |
| 2015-12-31 | CA$1.59 Million | -- |
About Palamina Corp
Palamina Corp. engages in the exploration of mineral deposits in Peru and Mexico. The company primarily explores for gold, silver, and copper deposits. Its flagship project is the 100% owned Usicayos Gold project comprising 11,612 hectares of mineral concessions in Peru. Palamina Corp. was incorporated in 2015 and is headquartered in Toronto, Canada.