Trench Metals Corp
Trench Metals Corp. operates as a mineral exploration and development company in Canada. The company holds interest in the Carter Lake Uranium Project located in the Athabasca basin of Saskatchewan, Canada. It also holds an option to acquire the Spreckley Lake Uranium Project located in northern Saskatchewan. The company was formerly known as Trench Solutions Inc. and changed its name to Trench M… Read more
Trench Metals Corp (TMC) - Total Assets
Latest total assets as of April 2024: CA$1.32 Million CAD
Based on the latest financial reports, Trench Metals Corp (TMC) holds total assets worth CA$1.32 Million CAD as of April 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.
Trench Metals Corp - Total Assets Trend (2017–2023)
This chart illustrates how Trench Metals Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Trench Metals Corp - Asset Composition Analysis
Current Asset Composition (October 2023)
Trench Metals Corp's total assets of CA$1.32 Million consist of 47.4% current assets and 52.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 47.0% |
| 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 (2017–2023)
This chart illustrates how Trench 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Trench Metals Corp's current assets represent 47.4% of total assets in 2023, a decrease from 74.9% in 2017.
- Cash Position: Cash and equivalents constituted 47.0% of total assets in 2023, down from 62.4% 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 goodwill at 0.0% of total assets.
Trench Metals Corp Competitors by Total Assets
Key competitors of Trench Metals Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Basin Energy Ltd
AU:BSN
|
Australia | AU$11.13 Million |
|
China National Uranium Co Ltd
SHE:001280
|
China | CN¥27.86 Billion |
|
Aurora Energy Metals Ltd
AU:1AE
|
Australia | AU$2.16 Million |
|
Adavale Resources Ltd
AU:ADD
|
Australia | AU$286.52K |
|
Anfield Energy Inc.
NASDAQ:AEC
|
USA | $87.89 Million |
|
Aura Energy Ltd
AU:AEE
|
Australia | AU$63.19 Million |
|
AEMLF
PINK:AEMLF
|
USA | $2.27 Million |
|
Atomic Eagle Limited
AU:AEU
|
Australia | AU$12.82 Million |
Trench Metals Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Trench Metals Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Trench Metals Corp is currently not profitable relative to its asset base.
Trench 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 | 7.99 | 20.55 | 21.12 |
| Quick Ratio | 7.99 | 20.55 | 21.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$623.50K | CA$ 421.79K | CA$ 706.38K |
Trench Metals Corp - Advanced Valuation Insights
This section examines the relationship between Trench 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 | 2.49 |
| Latest Market Cap to Assets Ratio | 2.24 |
| Asset Growth Rate (YoY) | 43.7% |
| Total Assets | CA$1.19 Million |
| Market Capitalization | $2.66 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Trench Metals Corp's assets at a significant premium ( 2.24x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Trench Metals Corp's assets grew by 43.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Trench Metals Corp (2017–2023)
The table below shows the annual total assets of Trench Metals Corp from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-10-31 | CA$1.19 Million | +43.71% |
| 2022-10-31 | CA$824.74K | +79.87% |
| 2021-10-31 | CA$458.50K | -44.27% |
| 2020-10-31 | CA$822.66K | -15.74% |
| 2019-10-31 | CA$976.32K | +503.69% |
| 2018-10-31 | CA$161.73K | +6.51% |
| 2017-10-31 | CA$151.84K | -- |