Solis Minerals Ltd (SLMN) - Total Assets
Based on the latest financial reports, Solis Minerals Ltd (SLMN) holds total assets worth CA$9.20 Million CAD (≈ $6.66 Million USD) as of February 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 SLMN total equity for net asset value and shareholders' equity analysis.
Solis Minerals Ltd - Total Assets Trend (2018–2023)
This chart illustrates how Solis Minerals Ltd's total assets have evolved over time, based on quarterly financial data.
Solis Minerals Ltd - Asset Composition Analysis
Current Asset Composition (May 2023)
Solis Minerals Ltd's total assets of CA$9.20 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 | 2.2% |
| Accounts Receivable | CA$41.70K | 0.8% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$4.24 Million | 81.3% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Solis Minerals 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 Solis Minerals Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Solis Minerals Ltd's current assets represent 3.9% of total assets in 2023, a decrease from 26.6% in 2018.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2023, down from 18.3% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is property, plant & equipment at 81.3% of total assets.
Solis Minerals Ltd Competitors by Total Assets
Key competitors of Solis Minerals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
First Quantum Minerals Ltd
TO:FM
|
Canada | CA$25.24 Billion |
|
Sandfire Resources Ltd
AU:SFR
|
Australia | AU$2.87 Billion |
|
Pengxin International Mining Co Ltd
SHG:600490
|
China | CN¥7.67 Billion |
|
Taseko Mines Ltd
TO:TKO
|
Canada | CA$2.33 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.21 Billion |
|
Xinke Material
SHG:600255
|
China | CN¥4.44 Billion |
|
Amerigo Resources Ltd.
TO:ARG
|
Canada | CA$191.00 Million |
|
Arizona Sonoran Copper Company Inc
TO:ASCU
|
Canada | CA$279.07 Million |
Solis Minerals 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 | 1.87 | 8.50 | 0.08 |
| Quick Ratio | 1.87 | 8.50 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$436.41K | CA$4.72 Million | CA$-1.54 Million |
Solis Minerals Ltd - Advanced Valuation Insights
This section examines the relationship between Solis Minerals 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 | 1.01 |
| Latest Market Cap to Assets Ratio | 1.22 |
| Asset Growth Rate (YoY) | -26.5% |
| Total Assets | CA$5.22 Million |
| Market Capitalization | $6.35 Million USD |
Valuation Analysis
Above Book Valuation: The market values Solis Minerals Ltd's assets above their book value (1.22x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Solis Minerals Ltd's assets decreased by 26.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Solis Minerals Ltd (2018–2023)
The table below shows the annual total assets of Solis Minerals Ltd from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-05-31 | CA$5.22 Million ≈ $3.77 Million |
-26.54% |
| 2022-05-31 | CA$7.10 Million ≈ $5.14 Million |
+15.29% |
| 2021-05-31 | CA$6.16 Million ≈ $4.46 Million |
+75.62% |
| 2020-05-31 | CA$3.51 Million ≈ $2.54 Million |
+4.09% |
| 2019-05-31 | CA$3.37 Million ≈ $2.44 Million |
+26.35% |
| 2018-05-31 | CA$2.67 Million ≈ $1.93 Million |
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About Solis Minerals Ltd
Solis Minerals Ltd. acquires, explores for, and develops mineral properties. The company primarily explores for copper, gold, silver, lithium, battery metals, and iron oxide. The company was formerly known as Westminster Resources Ltd. and changed its name to Solis Minerals Ltd. in July 2021. Solis Minerals Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.