Smooth Rock Ventures Corp (SMRV) - Total Assets
Based on the latest financial reports, Smooth Rock Ventures Corp (SMRV) holds total assets worth CA$1.29 Million CAD (≈ $933.29K USD) 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. Check Smooth Rock Ventures Corp cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Smooth Rock Ventures Corp - Total Assets Trend (2018–2024)
This chart illustrates how Smooth Rock Ventures Corp's total assets have evolved over time, based on quarterly financial data. Check SMRV operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Smooth Rock Ventures Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Smooth Rock Ventures Corp's total assets of CA$1.29 Million consist of 25.6% current assets and 74.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 24.5% |
| 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 (2018–2024)
This chart illustrates how Smooth Rock Ventures 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. For live market cap, price, and company overview, see market value of Smooth Rock Ventures Corp.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Smooth Rock Ventures Corp's current assets represent 25.6% of total assets in 2024, a decrease from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 24.5% of total assets in 2024, down from 97.2% 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 goodwill at 0.0% of total assets.
Smooth Rock Ventures Corp Competitors by Total Assets
Key competitors of Smooth Rock Ventures Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €30.52 Billion |
|
Rio Tinto Group
MX:RION
|
Mexico | MX$128.10 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥19.69 Billion |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.86 Billion |
|
ALMONTY INDUSTRIES CDIS/1
F:ALI0
|
Germany | €589.73 Million |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥27.26 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Sichuan Anning Iron and Titanium Co
SHE:002978
|
China | CN¥17.69 Billion |
Smooth Rock Ventures Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.22 | 0.39 | 6.17 |
| Quick Ratio | 0.22 | 0.39 | 6.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-741.89K | CA$-559.02K | CA$778.95K |
Smooth Rock Ventures Corp - Advanced Valuation Insights
This section examines the relationship between Smooth Rock Ventures 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 | 23.36 |
| Latest Market Cap to Assets Ratio | 3.03 |
| Asset Growth Rate (YoY) | -25.4% |
| Total Assets | CA$1.40 Million |
| Market Capitalization | $4.26 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Smooth Rock Ventures Corp's assets at a significant premium (3.03x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Smooth Rock Ventures Corp's assets decreased by 25.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Smooth Rock Ventures Corp (2018–2024)
The table below shows the annual total assets of Smooth Rock Ventures Corp from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.40 Million ≈ $1.02 Million |
-25.43% |
| 2023-12-31 | CA$1.88 Million ≈ $1.36 Million |
-5.21% |
| 2022-12-31 | CA$1.99 Million ≈ $1.44 Million |
-20.72% |
| 2021-12-31 | CA$2.50 Million ≈ $1.81 Million |
+8.56% |
| 2020-12-31 | CA$2.31 Million ≈ $1.67 Million |
+112.12% |
| 2019-12-31 | CA$1.09 Million ≈ $786.57K |
+818.40% |
| 2018-12-31 | CA$118.40K ≈ $85.65K |
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About Smooth Rock Ventures Corp
Smooth Rock Ventures Corp. engages in the acquisition and exploration of mineral properties. The company primarily explores for gold deposits. It holds a 100% undivided interest in the Palmetto Project comprising of 79 unpatented mining claims covering an area of 2117 acres located in Esmeralda County, Nevada; and the Giroux Project consisting of 12 patented claims and 36 unpatented mining claims… Read more