Vantex Resources Ltd (VAX) - Total Assets
Based on the latest financial reports, Vantex Resources Ltd (VAX) holds total assets worth CA$450.06K CAD (≈ $325.57K USD) as of April 2025. 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. Explore Vantex Resources Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.
Vantex Resources Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Vantex Resources Ltd's total assets have evolved over time, based on quarterly financial data. See what is Vantex Resources Ltd's book value for net asset value and shareholders' equity analysis.
Vantex Resources Ltd - Asset Composition Analysis
Current Asset Composition (October 2024)
Vantex Resources Ltd's total assets of CA$450.06K consist of 59.0% current assets and 41.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 57.5% |
| 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 (2013–2024)
This chart illustrates how Vantex 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 VAX stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vantex Resources Ltd's current assets represent 59.0% of total assets in 2024, an increase from 4.0% in 2013.
- Cash Position: Cash and equivalents constituted 57.5% of total assets in 2024, up from 3.0% 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 goodwill at 0.0% of total assets.
Vantex Resources Ltd Competitors by Total Assets
Key competitors of Vantex Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xiamen Tungsten Co Ltd
SHG:600549
|
China | CN¥63.93 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥27.26 Billion |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961
|
China | CN¥10.10 Billion |
|
Vale Indonesia Tbk
JK:INCO
|
Indonesia | Rp3.34 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$605.62 Million |
|
Nickel Industries Ltd
AU:NIC
|
Australia | AU$4.27 Billion |
|
Nova Minerals Ltd
AU:NVA
|
Australia | AU$185.70 Million |
Vantex 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 | 1.83 | 8.61 | 0.05 |
| Quick Ratio | 1.83 | 8.61 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$165.53K | CA$696.30K | CA$-426.70K |
Vantex Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Vantex 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 | 4.96 |
| Latest Market Cap to Assets Ratio | 0.78 |
| Asset Growth Rate (YoY) | -58.6% |
| Total Assets | CA$560.27K |
| Market Capitalization | $434.87K USD |
Valuation Analysis
Below Book Valuation: The market values Vantex Resources Ltd's assets below their book value (0.78x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Vantex Resources Ltd's assets decreased by 58.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Vantex Resources Ltd (2013–2024)
The table below shows the annual total assets of Vantex Resources Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | CA$560.27K ≈ $405.29K |
-58.64% |
| 2023-10-31 | CA$1.35 Million ≈ $980.01K |
-14.70% |
| 2022-10-31 | CA$1.59 Million ≈ $1.15 Million |
-11.63% |
| 2021-10-31 | CA$1.80 Million ≈ $1.30 Million |
-1.72% |
| 2020-10-31 | CA$1.83 Million ≈ $1.32 Million |
-66.74% |
| 2019-10-31 | CA$5.50 Million ≈ $3.98 Million |
-2.03% |
| 2018-10-31 | CA$5.61 Million ≈ $4.06 Million |
-13.22% |
| 2017-10-31 | CA$6.47 Million ≈ $4.68 Million |
+2.81% |
| 2016-10-31 | CA$6.29 Million ≈ $4.55 Million |
-39.67% |
| 2015-10-31 | CA$10.43 Million ≈ $7.54 Million |
+0.60% |
| 2014-10-31 | CA$10.36 Million ≈ $7.50 Million |
-2.75% |
| 2013-10-31 | CA$10.66 Million ≈ $7.71 Million |
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About Vantex Resources Ltd
Vantex Resources Ltd. engages in the acquisition, exploration, and development of mining properties in Canada. The company was formerly known as Vantex Oil, Gas and Minerals Ltd. and changed its name to Vantex Resources Ltd. in February 2004. Vantex Resources Ltd. was incorporated in 1987 and is based in Vancouver, Canada.