Stinger Resources Inc (STNG) - Total Assets
Based on the latest financial reports, Stinger Resources Inc (STNG) holds total assets worth CA$5.94 Million CAD (≈ $4.30 Million USD) as of June 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. Explore how well can Stinger Resources Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Stinger Resources Inc - Total Assets Trend (2020–2024)
This chart illustrates how Stinger Resources Inc's total assets have evolved over time, based on quarterly financial data. See STNG net asset value for net asset value and shareholders' equity analysis.
Stinger Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Stinger Resources Inc's total assets of CA$5.94 Million consist of 16.5% current assets and 83.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 10.0% |
| 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 (2020–2024)
This chart illustrates how Stinger 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. For live market cap, price, and company overview, see market value of Stinger Resources Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Stinger Resources Inc's current assets represent 16.5% of total assets in 2024, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 10.0% of total assets in 2024, up from 0.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Stinger Resources Inc Competitors by Total Assets
Key competitors of Stinger Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
Northam Platinum Holdings Ltd
JSE:NPH
|
South Africa | ZAC67.40 Billion |
|
AbraSilver Resource Corp.
TO:ABRA
|
Canada | CA$55.15 Million |
|
Zimplats Holdings Ltd
AU:ZIM
|
Australia | AU$4.20 Billion |
|
GoGold Resources Inc.
TO:GGD
|
Canada | CA$533.86 Million |
|
Blackrock Silver Corp
V:BRC
|
Canada | CA$33.38 Million |
|
Aic Mines Ltd
AU:A1M
|
Australia | AU$376.92 Million |
|
Terra Metals Ltd
AU:TM1
|
Australia | AU$4.24 Million |
Stinger 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 | 169.97 | 22.40 | 29.59 |
| Quick Ratio | 169.97 | 22.40 | 29.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$904.47K | CA$1.42 Million | CA$6.63 Million |
Stinger Resources Inc - Advanced Valuation Insights
This section examines the relationship between Stinger 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 | 0.63 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | -19.1% |
| Total Assets | CA$6.32 Million |
| Market Capitalization | $2.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Stinger Resources Inc's assets below their book value (0.34x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Stinger Resources Inc's assets decreased by 19.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Stinger Resources Inc (2020–2024)
The table below shows the annual total assets of Stinger Resources Inc from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$6.32 Million ≈ $4.57 Million |
-19.14% |
| 2023-12-31 | CA$7.82 Million ≈ $5.66 Million |
-12.83% |
| 2022-12-31 | CA$8.97 Million ≈ $6.49 Million |
-22.52% |
| 2021-12-31 | CA$11.58 Million ≈ $8.38 Million |
+1157758400.00% |
| 2020-12-31 | CA$1.00 ≈ $0.72 |
-- |
About Stinger Resources Inc
Stinger Resources Inc. engages in the exploration and development of mineral properties in Canada. It explores for sulphide deposits with copper, gold, silver, lead, and zinc, as well as other precious metals. The company was incorporated in 2020 and is headquartered in Cardston, Canada.