Spruce Ridge Resources Ltd. (SHL) - 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. See SHL net assets for net asset value and shareholders' equity analysis.
Spruce Ridge Resources Ltd. - Total Assets Trend (2001–2025)
This chart illustrates how Spruce Ridge Resources Ltd.'s total assets have evolved over time, based on quarterly financial data.
Spruce Ridge Resources Ltd. - Asset Composition Analysis
Current Asset Composition (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. For live market cap, price, and company overview, see market cap of Spruce Ridge Resources Ltd..
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 |
|---|---|---|
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥53.18 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961
|
China | CN¥8.95 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Shandong Humon Smelting Co Ltd
SHE:002237
|
China | CN¥36.97 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 | 7.44 |
| Asset Growth Rate (YoY) | -29.9% |
| Total Assets | CA$10.11 Million |
| Market Capitalization | $75.24 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Spruce Ridge Resources Ltd.'s assets at a significant premium (7.44x), 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