Velocity Minerals Ltd (VLC) - Total Assets

Latest as of September 2025: CA$52.73 Million CAD ≈ $38.14 Million USD

Based on the latest financial reports, Velocity Minerals Ltd (VLC) holds total assets worth CA$52.73 Million CAD (≈ $38.14 Million USD) 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.

Velocity Minerals Ltd - Total Assets Trend (2013–2024)

This chart illustrates how Velocity Minerals Ltd's total assets have evolved over time, based on quarterly financial data. Also see VLC market cap for the company's overall valuation and market capitalisation.

Velocity Minerals Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Velocity Minerals Ltd's total assets of CA$52.73 Million consist of 5.0% current assets and 95.0% non-current assets. Review VLC current and long-term liabilities to assess the company's total debt and financial obligations.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 4.4%
Accounts Receivable CA$15.69K 0.1%
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 Velocity Minerals 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. See VLC stock price for real-time trading data and today's change.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Velocity Minerals Ltd's current assets represent 5.0% of total assets in 2024, an increase from 3.2% in 2013.
  • Cash Position: Cash and equivalents constituted 4.4% of total assets in 2024, up from 0.9% 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 0.1% of total assets.

Velocity Minerals Ltd Competitors by Total Assets

Key competitors of Velocity Minerals Ltd based on total assets are shown below.

Company Country Total Assets
Pearl Gold AG
F:02P
Germany €9.26 Million
Agnico Eagle Mines Limited
TO:AEM
Canada CA$37.73 Billion
Wheaton Precious Metals Corp
TO:WPM
Canada CA$12.16 Billion
Northern Star Resources Limited
F:NS7
Germany €20.43 Billion
Harmony Gold Mining Company Ltd
BA:HMY
Argentina AR$68.90 Billion
Harmony Gold Mining Co. Ltd.
JSE:HAR
South Africa ZAC114.63 Billion
Aris Mining Corporation
TO:ARIS
Canada CA$2.82 Billion
Western Gold Co Ltd
SHG:601069
China CN¥14.45 Billion

Velocity Minerals 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 0.94 2.88 11.78
Quick Ratio 0.94 2.88 11.78
Cash Ratio 0.00 0.00 0.00
Working Capital CA$-230.14K CA$1.02 Million CA$10.03 Million

Velocity Minerals Ltd - Advanced Valuation Insights

This section examines the relationship between Velocity Minerals 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 1.94
Latest Market Cap to Assets Ratio 1.06
Asset Growth Rate (YoY) -5.0%
Total Assets CA$28.37 Million
Market Capitalization $29.96 Million USD

Valuation Analysis

Above Book Valuation: The market values Velocity Minerals Ltd's assets above their book value (1.06x), reflecting positive investor sentiment about the company's future prospects.

Significant Asset Reduction: Velocity Minerals Ltd's assets decreased by 5.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Velocity Minerals Ltd (2013–2024)

The table below shows the annual total assets of Velocity Minerals Ltd from 2013 to 2024.

Year Total Assets Change
2024-12-31 CA$28.37 Million
≈ $20.52 Million
-5.02%
2023-12-31 CA$29.86 Million
≈ $21.60 Million
+12.66%
2022-12-31 CA$26.51 Million
≈ $19.18 Million
-6.93%
2021-12-31 CA$28.48 Million
≈ $20.60 Million
-1.83%
2020-12-31 CA$29.01 Million
≈ $20.99 Million
+106.85%
2019-12-31 CA$14.03 Million
≈ $10.15 Million
+301.32%
2018-12-31 CA$3.49 Million
≈ $2.53 Million
+9.55%
2017-12-31 CA$3.19 Million
≈ $2.31 Million
+95.70%
2016-12-31 CA$1.63 Million
≈ $1.18 Million
+50149.23%
2015-12-31 CA$3.24K
≈ $2.35K
-89.91%
2014-12-31 CA$32.16K
≈ $23.27K
-93.31%
2013-12-31 CA$481.05K
≈ $347.98K
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About Velocity Minerals Ltd

V:VLC Canada Gold
Market Cap
$29.96 Million
CA$41.42 Million CAD
Market Cap Rank
#23885 Global
#893 in Canada
Share Price
CA$0.21
Change (1 day)
+0.00%
52-Week Range
CA$0.17 - CA$0.23
All Time High
CA$0.58
About

Velocity Minerals Ltd. engages in the acquiring, exploring, and evaluating mineral resource properties in Bulgaria and Greece. It explores for gold, silver, and copper deposits. Velocity Minerals Ltd. is headquartered in Vancouver, Canada.