Nevado Resources Corporation
Nevado Resources Corporation engages in acquiring, exploring, and evaluating mineral properties in Canada. The company was formerly known as Nevado Venture Capital Corporation and changed its name to Nevado Resources Corporation in August 2010. Nevado Resources Corporation was incorporated in 2006 and is headquartered in Vancouver, Canada.
Nevado Resources Corporation (VDO-H) - Total Assets
Latest total assets as of September 2025: CA$447.64K CAD
Based on the latest financial reports, Nevado Resources Corporation (VDO-H) holds total assets worth CA$447.64K CAD as of September 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.
Nevado Resources Corporation - Total Assets Trend (2017–2024)
This chart illustrates how Nevado Resources Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nevado Resources Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Nevado Resources Corporation's total assets of CA$447.64K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 93.6% |
| Accounts Receivable | CA$24.98K | 4.7% |
| 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 (2017–2024)
This chart illustrates how Nevado Resources Corporation'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: Nevado Resources Corporation's current assets represent 100.0% of total assets in 2024, an increase from 94.8% in 2017.
- Cash Position: Cash and equivalents constituted 93.6% of total assets in 2024, up from 21.8% 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 4.7% of total assets.
Nevado Resources Corporation Competitors by Total Assets
Key competitors of Nevado Resources Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Nevado Resources Corporation - 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 - Nevado Resources Corporation 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 - Nevado Resources Corporation is currently not profitable relative to its asset base.
Nevado Resources Corporation - 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 | 2.79 | 3.63 | 31.06 |
| Quick Ratio | 2.79 | 3.63 | 31.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$287.40K | CA$ 416.63K | CA$ 1.48 Million |
Nevado Resources Corporation - Advanced Valuation Insights
This section examines the relationship between Nevado Resources Corporation'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 | 1.49 |
| Latest Market Cap to Assets Ratio | 0.47 |
| Asset Growth Rate (YoY) | -19.7% |
| Total Assets | CA$537.05K |
| Market Capitalization | $254.74K USD |
Valuation Analysis
Below Book Valuation: The market values Nevado Resources Corporation's assets below their book value (0.47 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nevado Resources Corporation's assets decreased by 19.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nevado Resources Corporation (2017–2024)
The table below shows the annual total assets of Nevado Resources Corporation from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$537.05K | -19.65% |
| 2023-12-31 | CA$668.40K | -15.69% |
| 2022-12-31 | CA$792.83K | -18.30% |
| 2021-12-31 | CA$970.47K | -36.36% |
| 2020-12-31 | CA$1.52 Million | +3144.84% |
| 2019-12-31 | CA$46.99K | +409.59% |
| 2018-12-31 | CA$9.22K | -70.30% |
| 2017-12-31 | CA$31.05K | -- |