Spruce Ridge Resources Ltd. Total Assets
Spruce Ridge Resources Ltd. total assets. Based on the latest financial reports, Spruce Ridge Resources Ltd. (SHL) holds total assets worth CA$9.95 Million CAD (≈ $7.19 Million USD) as of October 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 market cap of Spruce Ridge Resources Ltd. for the company's overall valuation and market capitalisation.
Total Assets of Spruce Ridge Resources Ltd. (2001–2025)
Total assets of Spruce Ridge Resources Ltd. from 2001 to 2025. This chart illustrates how Spruce Ridge Resources Ltd.'s total assets have evolved over time, based on quarterly financial data. See Spruce Ridge Resources Ltd. stock price for real-time trading data and today's change.
Spruce Ridge Resources Ltd. - Asset Composition Analysis
Spruce Ridge Resources Ltd. Total Assets Breakdown (April 2025)
Spruce Ridge Resources Ltd. total assets breakdown as of April 2025. Spruce Ridge Resources Ltd.'s total assets of CA$9.95 Million consist of 39.5% current assets and 60.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 3.0% |
| Accounts Receivable | CA$1.88K | 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 (2001–2025)
This chart illustrates how Spruce Ridge Resources Ltd.'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 working capital to net assets of Spruce Ridge Resources Ltd. to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Spruce Ridge Resources Ltd.'s current assets represent 39.5% of total assets in 2025, an increase from 9.2% in 2001.
- Cash Position: Cash and equivalents constituted 3.0% of total assets in 2025, up from 0.3% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.
Spruce Ridge Resources Ltd. Competitors by Total Assets
Key competitors of Spruce Ridge Resources Ltd. 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 |
Spruce Ridge Resources Ltd. - 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 | 7.73 | 12.76 | 49.91 |
| Quick Ratio | 7.73 | 12.76 | 49.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$3.02 Million | CA$4.28 Million | CA$9.17 Million |
Spruce Ridge Resources Ltd. - Advanced Valuation Insights
This section examines the relationship between Spruce Ridge Resources Ltd.'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 | 9.76 |
| Latest Market Cap to Assets Ratio | 6.47 |
| Asset Growth Rate (YoY) | -29.9% |
| Total Assets | CA$10.11 Million |
| Market Capitalization | $65.42 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Spruce Ridge Resources Ltd.'s assets at a significant premium (6.47x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Spruce Ridge Resources Ltd.'s assets decreased by 29.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Spruce Ridge Resources Ltd. (2001–2025)
The table below shows the annual total assets of Spruce Ridge Resources Ltd. from 2001 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-04-30 | CA$10.11 Million ≈ $7.31 Million |
-29.91% |
| 2024-04-30 | CA$14.43 Million ≈ $10.44 Million |
+36.51% |
| 2023-04-30 | CA$10.57 Million ≈ $7.64 Million |
-37.23% |
| 2022-04-30 | CA$16.84 Million ≈ $12.18 Million |
-50.67% |
| 2021-04-30 | CA$34.13 Million ≈ $24.69 Million |
+188.14% |
| 2020-04-30 | CA$11.85 Million ≈ $8.57 Million |
+518.34% |
| 2019-04-30 | CA$1.92 Million ≈ $1.39 Million |
+28.86% |
| 2018-04-30 | CA$1.49 Million ≈ $1.08 Million |
+0.91% |
| 2017-04-30 | CA$1.47 Million ≈ $1.07 Million |
+3.72% |
| 2016-04-30 | CA$1.42 Million ≈ $1.03 Million |
+6.72% |
| 2015-04-30 | CA$1.33 Million ≈ $962.80K |
-2.14% |
| 2014-04-30 | CA$1.36 Million ≈ $983.83K |
-15.70% |
| 2013-04-30 | CA$1.61 Million ≈ $1.17 Million |
+31.96% |
| 2012-04-30 | CA$1.22 Million ≈ $884.35K |
-77.76% |
| 2011-04-30 | CA$5.50 Million ≈ $3.98 Million |
+3.03% |
| 2010-04-30 | CA$5.34 Million ≈ $3.86 Million |
+66.46% |
| 2009-04-30 | CA$3.21 Million ≈ $2.32 Million |
-26.87% |
| 2008-04-30 | CA$4.38 Million ≈ $3.17 Million |
-20.07% |
| 2007-04-30 | CA$5.48 Million ≈ $3.97 Million |
+737.39% |
| 2006-04-30 | CA$654.77K ≈ $473.65K |
-10.14% |
| 2005-04-30 | CA$728.67K ≈ $527.11K |
-8.89% |
| 2004-04-30 | CA$799.76K ≈ $578.54K |
-2.22% |
| 2003-04-30 | CA$817.96K ≈ $591.70K |
+12.41% |
| 2002-04-30 | CA$727.64K ≈ $526.37K |
+7.01% |
| 2001-04-30 | CA$679.97K ≈ $491.88K |
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About Spruce Ridge Resources Ltd.
Homeland Nickel Inc., together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada and the United States. It explores for copper, gold, and nickel deposits. The company was formerly known as Spruce Ridge Resources Ltd. and changed its name to Homeland Nickel Inc. in May 2024. Homeland Nickel Inc. was incorporated in 1989 and … Read more