Tesoro Minerals Corp. (TES) - Total Assets
Based on the latest financial reports, Tesoro Minerals Corp. (TES) holds total assets worth CA$22.32K CAD (≈ $16.15K USD) as of January 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. See Tesoro Minerals Corp. balance sheet independence to measure how much of total assets are equity-financed.
Tesoro Minerals Corp. - Total Assets Trend (2013–2025)
This chart illustrates how Tesoro Minerals Corp.'s total assets have evolved over time, based on quarterly financial data. Explore TES long-term investment intensity to see how much of total assets are deployed in long-term investments.
Tesoro Minerals Corp. - Asset Composition Analysis
Current Asset Composition (October 2025)
Tesoro Minerals Corp.'s total assets of CA$22.32K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 81.1% |
| Accounts Receivable | CA$2.77K | 7.9% |
| 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 (2013–2025)
This chart illustrates how Tesoro Minerals 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. For live market cap, price, and company overview, see TES stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tesoro Minerals Corp.'s current assets represent 100.0% of total assets in 2025, an increase from 2.0% in 2013.
- Cash Position: Cash and equivalents constituted 81.1% of total assets in 2025, up from 1.1% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 7.9% of total assets.
Tesoro Minerals Corp. Competitors by Total Assets
Key competitors of Tesoro Minerals Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B
|
USA | $52.76 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$9.85 Billion |
|
AngloGold Ashanti Ltd
JSE:ANG
|
South Africa | ZAC15.77 Billion |
|
Gold Fields Ltd ADR
NYSE:GFI
|
USA | $15.23 Billion |
|
Kinross Gold Corp
TO:K
|
Canada | CA$12.88 Billion |
|
Pan American Silver Corp
TO:PAAS
|
Canada | CA$9.72 Billion |
|
Coeur Mining Inc
NYSE:CDE
|
USA | $15.26 Billion |
|
Northern Star Resources Limited
F:NS7
|
Germany | €20.43 Billion |
Tesoro Minerals Corp. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.23 | 6.00 | 6.57 |
| Quick Ratio | 0.23 | 6.00 | 6.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-72.84K | CA$200.23K | CA$242.00K |
Tesoro Minerals Corp. - Advanced Valuation Insights
This section examines the relationship between Tesoro Minerals 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 | 262.02 |
| Latest Market Cap to Assets Ratio | 99.35 |
| Asset Growth Rate (YoY) | -87.2% |
| Total Assets | CA$34.97K |
| Market Capitalization | $3.47 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Tesoro Minerals Corp.'s assets at a significant premium (99.35x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Tesoro Minerals Corp.'s assets decreased by 87.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tesoro Minerals Corp. (2013–2025)
The table below shows the annual total assets of Tesoro Minerals Corp. from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-10-31 | CA$34.97K ≈ $25.29K |
-87.21% |
| 2024-10-31 | CA$273.45K ≈ $197.81K |
+116.58% |
| 2023-10-31 | CA$126.26K ≈ $91.33K |
+86.82% |
| 2022-10-31 | CA$67.58K ≈ $48.89K |
-75.31% |
| 2021-10-31 | CA$273.76K ≈ $198.04K |
+7.25% |
| 2020-10-31 | CA$255.27K ≈ $184.66K |
+9.69% |
| 2019-10-31 | CA$232.73K ≈ $168.35K |
+18.41% |
| 2018-10-31 | CA$196.54K ≈ $142.17K |
-47.23% |
| 2017-10-31 | CA$372.45K ≈ $269.43K |
+191.05% |
| 2016-10-31 | CA$127.97K ≈ $92.57K |
-77.05% |
| 2015-10-31 | CA$557.51K ≈ $403.30K |
-33.51% |
| 2014-10-31 | CA$838.55K ≈ $606.59K |
-76.03% |
| 2013-10-31 | CA$3.50 Million ≈ $2.53 Million |
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About Tesoro Minerals Corp.
Tesoro Minerals Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral resource properties in North and South America. It holds a 100 % interest in the Rumichaca and Cerro Macho epithermal gold-copper properties in south-central Peru. The company is headquartered in Vancouver, Canada.