Turmalina Metals Corp Total Assets
Turmalina Metals Corp total assets. Based on the latest financial reports, Turmalina Metals Corp (TBX) holds total assets worth CA$311.74K CAD (≈ $225.51K USD) as of December 2024. 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 TBX company net worth for the company's overall valuation and market capitalisation.
Total Assets of Turmalina Metals Corp (2018–2024)
Total assets of Turmalina Metals Corp from 2018 to 2024. This chart illustrates how Turmalina Metals Corp's total assets have evolved over time, based on quarterly financial data. See Turmalina Metals Corp share price for real-time trading data and today's change.
Turmalina Metals Corp - Asset Composition Analysis
Turmalina Metals Corp Total Assets Breakdown (December 2024)
Turmalina Metals Corp total assets breakdown as of December 2024. Turmalina Metals Corp's total assets of CA$311.74K consist of 39.9% current assets and 60.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 9.3% |
| 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 Turmalina Metals 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. Explore TBX current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Turmalina Metals Corp's current assets represent 39.9% of total assets in 2024, an increase from 23.0% in 2018.
- Cash Position: Cash and equivalents constituted 9.3% of total assets in 2024, down from 22.6% 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.
Turmalina Metals Corp Competitors by Total Assets
Key competitors of Turmalina Metals Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Valterra Platinum Limited
JSE:VAL
|
South Africa | ZAC186.22 Billion |
|
Zimplats Holdings Ltd
AU:ZIM
|
Australia | AU$2.92 Billion |
|
Tharisa plc
JSE:THA
|
South Africa | ZAC1.14 Billion |
|
Aic Mines Ltd
AU:A1M
|
Australia | AU$376.92 Million |
|
Antipa Minerals Ltd
AU:AZY
|
Australia | AU$140.57 Million |
|
Challenger Gold Ltd
AU:CEL
|
Australia | AU$274.27 Million |
|
Medallion Metals Ltd
AU:MM8
|
Australia | AU$28.93 Million |
|
Midas Minerals Ltd
AU:MM1
|
Australia | AU$9.13 Million |
Turmalina Metals Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.08 | 0.17 | 44.93 |
| Quick Ratio | 0.08 | 0.17 | 44.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-1.45 Million | CA$-440.64K | CA$12.87 Million |
Turmalina Metals Corp - Advanced Valuation Insights
This section examines the relationship between Turmalina Metals 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 | 8.71 |
| Latest Market Cap to Assets Ratio | 40.21 |
| Asset Growth Rate (YoY) | -83.7% |
| Total Assets | CA$311.74K |
| Market Capitalization | $12.53 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Turmalina Metals Corp's assets at a significant premium (40.21x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Turmalina Metals Corp's assets decreased by 83.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Turmalina Metals Corp (2018–2024)
The table below shows the annual total assets of Turmalina Metals Corp from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$311.74K ≈ $225.51K |
-83.74% |
| 2023-12-31 | CA$1.92 Million ≈ $1.39 Million |
-20.24% |
| 2022-12-31 | CA$2.40 Million ≈ $1.74 Million |
-57.73% |
| 2021-12-31 | CA$5.69 Million ≈ $4.11 Million |
-48.41% |
| 2020-12-31 | CA$11.02 Million ≈ $7.97 Million |
+77.15% |
| 2019-12-31 | CA$6.22 Million ≈ $4.50 Million |
+6016.03% |
| 2018-12-31 | CA$101.75K ≈ $73.60K |
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About Turmalina Metals Corp
Turmalina Metals Corp. engages in the acquisition, exploration, and evaluation of mineral resource properties in South America. It primarily explores for gold, copper, and silver deposits. The company's principal property is the San Francisco project located in San Juan Province, Argentina. The company was formerly known as Turmalina Copper Corp. and changed its name to Turmalina Metals Corp. in … Read more