Tearlach Resources Ltd (TEA) - Total Assets
Based on the latest financial reports, Tearlach Resources Ltd (TEA) holds total assets worth CA$2.48 Million CAD (≈ $1.79 Million USD) as of June 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. See what is Tearlach Resources Ltd's book value for net asset value and shareholders' equity analysis.
Tearlach Resources Ltd - Total Assets Trend (2017–2023)
This chart illustrates how Tearlach Resources Ltd's total assets have evolved over time, based on quarterly financial data.
Tearlach Resources Ltd - Asset Composition Analysis
Current Asset Composition (September 2023)
Tearlach Resources Ltd's total assets of CA$2.48 Million consist of 9.9% current assets and 90.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 4.0% |
| Accounts Receivable | CA$15.75K | 0.4% |
| 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 (2017–2023)
This chart illustrates how Tearlach Resources Ltd'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 Tearlach Resources Ltd (TEA) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tearlach Resources Ltd's current assets represent 9.9% of total assets in 2023, a decrease from 100.0% in 2017.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2023, up from 2.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Tearlach Resources Ltd Competitors by Total Assets
Key competitors of Tearlach Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vale S.A
F:CVLB
|
Germany | €87.59 Billion |
|
RIO Tinto Ltd
AU:RIO
|
Australia | AU$128.19 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.08 Billion |
|
Tibet Huayu Mining Co Ltd
SHG:601020
|
China | CN¥10.55 Billion |
|
African Rainbow Minerals Ltd
JSE:ARI
|
South Africa | ZAC74.33 Billion |
|
Evolution Metals & Technologies Corp. Common Stock
NASDAQ:EMAT
|
USA | $6.57 Million |
Tearlach Resources Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.04 | 2.04 | 0.01 |
| Quick Ratio | 0.04 | 2.04 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-985.43K | CA$652.27K | CA$-171.65K |
Tearlach Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Tearlach Resources Ltd'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 | 0.91 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 3134.0% |
| Total Assets | CA$4.34 Million |
| Market Capitalization | $958.10K USD |
Valuation Analysis
Below Book Valuation: The market values Tearlach Resources Ltd's assets below their book value (0.22x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tearlach Resources Ltd's assets grew by 3134.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tearlach Resources Ltd (2017–2023)
The table below shows the annual total assets of Tearlach Resources Ltd from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | CA$4.34 Million ≈ $3.14 Million |
+3133.95% |
| 2022-09-30 | CA$134.32K ≈ $97.16K |
-35.54% |
| 2021-09-30 | CA$208.37K ≈ $150.73K |
+942.50% |
| 2020-09-30 | CA$19.99K ≈ $14.46K |
+975.78% |
| 2019-09-30 | CA$1.86K ≈ $1.34K |
-38.44% |
| 2018-09-30 | CA$3.02K ≈ $2.18K |
+62.96% |
| 2017-09-30 | CA$1.85K ≈ $1.34K |
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About Tearlach Resources Ltd
Tearlach Resources Limited engages in the acquisition, exploration, and development of lithium projects in the Americas. It holds interests in the Savant East project, Wesley Lithium project, Harth Lithium project, Pakwan project, Shelby projects, Fliszar projects, Georgina Stairs project, Rhyolite Peak project, and Long Lake project. The company is headquartered in Vancouver, Canada.