Search Minerals Inc (SMY) - Total Assets
Based on the latest financial reports, Search Minerals Inc (SMY) holds total assets worth CA$32.11 Million CAD (≈ $23.23 Million USD) as of February 2026. 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 cash flow reinvestment rate of Search Minerals Inc to assess the company's total reinvestment commitment from operating cash flow.
Search Minerals Inc - Total Assets Trend (2007–2025)
This chart illustrates how Search Minerals Inc's total assets have evolved over time, based on quarterly financial data. Check Search Minerals Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Search Minerals Inc - Asset Composition Analysis
Current Asset Composition (November 2025)
Search Minerals Inc's total assets of CA$32.11 Million consist of 4.6% current assets and 95.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 4.4% |
| Accounts Receivable | CA$36.43K | 0.1% |
| 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 (2007–2025)
This chart illustrates how Search Minerals Inc'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 Search Minerals Inc stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Search Minerals Inc's current assets represent 4.6% of total assets in 2025, a decrease from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 4.4% of total assets in 2025, down from 100.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
Search Minerals Inc Competitors by Total Assets
Key competitors of Search Minerals Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
Vale S.A
F:CVLB
|
Germany | €87.59 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
RTG Mining Inc
AU:RTG
|
Australia | AU$11.53 Million |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
Search Minerals Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.11 | 0.02 | 5.82 |
| Quick Ratio | 0.11 | 0.02 | 5.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-6.06 Million | CA$-5.28 Million | CA$2.76 Million |
Search Minerals Inc - Advanced Valuation Insights
This section examines the relationship between Search Minerals Inc'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 | 0.54 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | 6.4% |
| Total Assets | CA$32.33 Million |
| Market Capitalization | $8.39 Million USD |
Valuation Analysis
Below Book Valuation: The market values Search Minerals Inc's assets below their book value (0.26x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Search Minerals Inc's assets grew by 6.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Search Minerals Inc (2007–2025)
The table below shows the annual total assets of Search Minerals Inc from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-11-30 | CA$32.33 Million ≈ $23.38 Million |
+6.43% |
| 2024-11-30 | CA$30.37 Million ≈ $21.97 Million |
+3.06% |
| 2023-11-30 | CA$29.47 Million ≈ $21.32 Million |
+0.62% |
| 2022-11-30 | CA$29.29 Million ≈ $21.19 Million |
+35.30% |
| 2021-11-30 | CA$21.65 Million ≈ $15.66 Million |
+55.70% |
| 2020-11-30 | CA$13.90 Million ≈ $10.06 Million |
+5.04% |
| 2019-11-30 | CA$13.24 Million ≈ $9.57 Million |
+10.74% |
| 2018-11-30 | CA$11.95 Million ≈ $8.65 Million |
+7.84% |
| 2017-11-30 | CA$11.08 Million ≈ $8.02 Million |
+6.13% |
| 2016-11-30 | CA$10.44 Million ≈ $7.55 Million |
+2.24% |
| 2015-11-30 | CA$10.21 Million ≈ $7.39 Million |
+9.32% |
| 2014-11-30 | CA$9.34 Million ≈ $6.76 Million |
+12.61% |
| 2013-11-30 | CA$8.30 Million ≈ $6.00 Million |
-10.40% |
| 2012-11-30 | CA$9.26 Million ≈ $6.70 Million |
-42.66% |
| 2011-11-30 | CA$16.15 Million ≈ $11.68 Million |
+169.29% |
| 2010-11-30 | CA$6.00 Million ≈ $4.34 Million |
+264.00% |
| 2009-11-30 | CA$1.65 Million ≈ $1.19 Million |
+28.33% |
| 2008-11-30 | CA$1.28 Million ≈ $928.64K |
+199.95% |
| 2007-11-30 | CA$427.99K ≈ $309.60K |
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About Search Minerals Inc
Search Minerals Inc., a mineral exploration and development company, engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. The company explores for critical rare earth elements, zirconium, hafnium, beryllium, niobium, terbium, neodymium, praseodymium, and dysprosium deposits. Its flagship projects comprise the 100% owned Deep Fox and Foxtrot project… Read more