Teras Resources Inc (TRA) - Total Assets
Based on the latest financial reports, Teras Resources Inc (TRA) holds total assets worth CA$344.15K CAD (≈ $248.95K USD) as of February 2023. 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. Check how aggressively does Teras Resources Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Teras Resources Inc - Total Assets Trend (2011–2022)
This chart illustrates how Teras Resources Inc's total assets have evolved over time, based on quarterly financial data. Explore TRA long-term investments to assets to see how much of total assets are deployed in long-term investments.
Teras Resources Inc - Asset Composition Analysis
Current Asset Composition (May 2022)
Teras Resources Inc's total assets of CA$344.15K consist of 90.4% current assets and 9.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 85.7% |
| Accounts Receivable | CA$16.07K | 2.2% |
| 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 (2011–2022)
This chart illustrates how Teras 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 Teras Resources Inc (TRA) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Teras Resources Inc's current assets represent 90.4% of total assets in 2022, an increase from 23.9% in 2011.
- Cash Position: Cash and equivalents constituted 85.7% of total assets in 2022, up from 23.5% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 2.2% of total assets.
Teras Resources Inc Competitors by Total Assets
Key competitors of Teras Resources Inc 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 | $15.26 Billion |
|
Northern Star Resources Limited
F:NS7
|
Germany | €20.43 Billion |
Teras Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.29 | 0.93 | 1.80 |
| Quick Ratio | 0.29 | 0.93 | 1.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-663.36K | CA$-55.46K | CA$145.59K |
Teras Resources Inc - Advanced Valuation Insights
This section examines the relationship between Teras 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 | 0.37 |
| Latest Market Cap to Assets Ratio | 1.26 |
| Asset Growth Rate (YoY) | -97.3% |
| Total Assets | CA$721.55K |
| Market Capitalization | $908.19K USD |
Valuation Analysis
Above Book Valuation: The market values Teras Resources Inc's assets above their book value (1.26x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Teras Resources Inc's assets decreased by 97.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Teras Resources Inc (2011–2022)
The table below shows the annual total assets of Teras Resources Inc from 2011 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-05-31 | CA$721.55K ≈ $521.96K |
-97.30% |
| 2021-05-31 | CA$26.68 Million ≈ $19.30 Million |
+2.67% |
| 2020-05-31 | CA$25.98 Million ≈ $18.80 Million |
+1.89% |
| 2019-05-31 | CA$25.50 Million ≈ $18.45 Million |
+0.76% |
| 2018-05-31 | CA$25.31 Million ≈ $18.31 Million |
+1.90% |
| 2017-05-31 | CA$24.84 Million ≈ $17.97 Million |
+3.05% |
| 2016-05-31 | CA$24.10 Million ≈ $17.44 Million |
-0.88% |
| 2015-05-31 | CA$24.32 Million ≈ $17.59 Million |
+2.29% |
| 2014-05-31 | CA$23.77 Million ≈ $17.20 Million |
+38.75% |
| 2013-05-31 | CA$17.13 Million ≈ $12.40 Million |
-4.72% |
| 2012-05-31 | CA$17.98 Million ≈ $13.01 Million |
+81.37% |
| 2011-05-31 | CA$9.92 Million ≈ $7.17 Million |
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About Teras Resources Inc
Teras Resources Inc. engages in the acquisition, exploration, and development of mineral resource properties in Montana, Nevada, and Cahuilla in California. The company explores for gold and silver metals. Its flagship property is the Cahuilla project located in Imperial County, California. The company was formerly known as Profile Resources Inc. and changed its name to Teras Resources Inc. in Se… Read more