Silver Spruce Resources Inc Total Assets
Silver Spruce Resources Inc total assets. Based on the latest financial reports, Silver Spruce Resources Inc (SSE) holds total assets worth CA$67.34K CAD (≈ $48.72K USD) as of April 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 Silver Spruce Resources Inc for the company's overall valuation and market capitalisation.
Total Assets of Silver Spruce Resources Inc (1998–2024)
Total assets of Silver Spruce Resources Inc from 1998 to 2024. This chart illustrates how Silver Spruce Resources Inc's total assets have evolved over time, based on quarterly financial data. See current stock price of Silver Spruce Resources Inc for real-time trading data and today's change.
Silver Spruce Resources Inc - Asset Composition Analysis
Silver Spruce Resources Inc Total Assets Breakdown (October 2024)
Silver Spruce Resources Inc total assets breakdown as of October 2024. Silver Spruce Resources Inc's total assets of CA$67.34K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 2.0% |
| 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 (1998–2024)
This chart illustrates how Silver Spruce Resources 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. Explore SSE working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Silver Spruce Resources Inc's current assets represent 100.0% of total assets in 2024, an increase from 46.8% in 1998.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2024, down from 6.4% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Silver Spruce Resources Inc Competitors by Total Assets
Key competitors of Silver Spruce Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
BHP Group Ltd
AU:BHP
|
Australia | AU$116.09 Billion |
|
Rio Tinto Group
MX:RION
|
Mexico | MX$128.10 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
MP Materials Corp
NYSE:MP
|
USA | $3.73 Billion |
|
JCHX Mining Management Co Ltd
SHG:603979
|
China | CN¥19.62 Billion |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥63.81 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Chengtun Mining Group Co Ltd
SHG:600711
|
China | CN¥50.58 Billion |
Silver Spruce Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.13 | 0.26 | 0.46 |
| Quick Ratio | 0.13 | 0.26 | 0.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-465.85K | CA$-297.64K | CA$-176.02K |
Silver Spruce Resources Inc - Advanced Valuation Insights
This section examines the relationship between Silver Spruce Resources 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 | 28.88 |
| Latest Market Cap to Assets Ratio | 6.28 |
| Asset Growth Rate (YoY) | -72.7% |
| Total Assets | CA$112.06K |
| Market Capitalization | $703.46K USD |
Valuation Analysis
Premium Asset Valuation: The market values Silver Spruce Resources Inc's assets at a significant premium (6.28x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Silver Spruce Resources Inc's assets decreased by 72.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Silver Spruce Resources Inc (1998–2024)
The table below shows the annual total assets of Silver Spruce Resources Inc from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | CA$112.06K ≈ $81.06K |
-72.72% |
| 2023-10-31 | CA$410.71K ≈ $297.10K |
+6.62% |
| 2022-10-31 | CA$385.22K ≈ $278.66K |
-73.84% |
| 2021-10-31 | CA$1.47 Million ≈ $1.07 Million |
+3.59% |
| 2020-10-31 | CA$1.42 Million ≈ $1.03 Million |
+423.84% |
| 2019-10-31 | CA$271.41K ≈ $196.33K |
-73.95% |
| 2018-10-31 | CA$1.04 Million ≈ $753.59K |
-15.89% |
| 2017-10-31 | CA$1.24 Million ≈ $896.01K |
+642.34% |
| 2016-10-31 | CA$166.85K ≈ $120.70K |
+459.54% |
| 2015-10-31 | CA$29.82K ≈ $21.57K |
-85.33% |
| 2014-10-31 | CA$203.25K ≈ $147.03K |
-78.75% |
| 2013-10-31 | CA$956.39K ≈ $691.84K |
-54.77% |
| 2012-10-31 | CA$2.11 Million ≈ $1.53 Million |
-59.86% |
| 2011-10-31 | CA$5.27 Million ≈ $3.81 Million |
+47.55% |
| 2010-10-31 | CA$3.57 Million ≈ $2.58 Million |
-49.70% |
| 2009-10-31 | CA$7.10 Million ≈ $5.13 Million |
-55.98% |
| 2008-10-31 | CA$16.12 Million ≈ $11.66 Million |
+34.45% |
| 2007-10-31 | CA$11.99 Million ≈ $8.67 Million |
+87.68% |
| 2006-10-31 | CA$6.39 Million ≈ $4.62 Million |
+1042.07% |
| 2005-10-31 | CA$559.41K ≈ $404.67K |
+131.07% |
| 2004-10-31 | CA$242.09K ≈ $175.12K |
+46.51% |
| 2003-10-31 | CA$165.24K ≈ $119.53K |
-0.04% |
| 2002-10-31 | CA$165.31K ≈ $119.58K |
-0.96% |
| 2001-10-31 | CA$166.91K ≈ $120.74K |
-4.79% |
| 2000-10-31 | CA$175.32K ≈ $126.82K |
-12.31% |
| 1999-10-31 | CA$199.93K ≈ $144.63K |
-6.39% |
| 1998-10-31 | CA$213.58K ≈ $154.50K |
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About Silver Spruce Resources Inc
Silver Spruce Resources Inc., an exploration stage company, engages in the exploration of precious and base minerals. The company primarily explores for silver, lead, zinc, copper, gold, and base and rare earth elements. The company was formerly known as First Labrador Acquisitions Inc. and changed its name to Silver Spruce Resources Inc. in October 2004. Silver Spruce Resources Inc. was incorpor… Read more