United Lithium Corp
United Lithium Corp., together with its subsidiaries, engages in the exploration and development of lithium properties in Sweden, Finland, and the United States of America. The company also explores for cesium, tantalum, niobium, beryllium, fluorine, and rare minerals. Its flagship project is the 100% owned Bergby lithium project, which consists of eight exploration licenses and covers an area of… Read more
United Lithium Corp (ULTHF) - Net Assets
Latest net assets as of October 2025: $11.04 Million USD
Based on the latest financial reports, United Lithium Corp (ULTHF) has net assets worth $11.04 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.41 Million) and total liabilities ($369.16K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.04 Million |
| % of Total Assets | 96.76% |
| Annual Growth Rate | 49.61% |
| 5-Year Change | -40.5% |
| 10-Year Change | N/A |
| Growth Volatility | 180.49 |
United Lithium Corp - Net Assets Trend (2017–2025)
This chart illustrates how United Lithium Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for United Lithium Corp (2017–2025)
The table below shows the annual net assets of United Lithium Corp from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $10.81 Million | -15.95% |
| 2024-07-31 | $12.86 Million | +1.29% |
| 2023-07-31 | $12.70 Million | -16.41% |
| 2022-07-31 | $15.19 Million | -16.39% |
| 2021-07-31 | $18.17 Million | +7963.12% |
| 2020-07-31 | $-231.10K | -470.75% |
| 2019-07-31 | $62.34K | -94.45% |
| 2018-07-31 | $1.12 Million | +160.85% |
| 2017-07-31 | $430.70K | -- |
Equity Component Analysis
This analysis shows how different components contribute to United Lithium Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3517992100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $46.01 Million | 425.52% |
| Total Equity | $10.81 Million | 100.00% |
United Lithium Corp Competitors by Market Cap
The table below lists competitors of United Lithium Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Austem Company Ltd
KQ:031510
|
$5.36 Million |
|
Next Science Limited
PINK:NXSCF
|
$5.36 Million |
|
Lux Metals Corp.
F:GP80
|
$5.36 Million |
|
Reallusion Inc.
TWO:6882
|
$5.36 Million |
|
Nidaros Sparebank
OL:NISB
|
$5.35 Million |
|
Dev Information Technology Limited
NSE:DEVIT
|
$5.35 Million |
|
Kyobo 15 Special Purpose Acquisition Company
KQ:465320
|
$5.35 Million |
|
ROYIF
PINK:ROYIF
|
$5.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United Lithium Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,863,765 to 10,812,551, a change of -2,051,214 (-15.9%).
- Net loss of 2,666,657 reduced equity.
- Other factors increased equity by 615,443.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.67 Million | -24.66% |
| Other Changes | $615.44K | +5.69% |
| Total Change | $- | -15.95% |
Book Value vs Market Value Analysis
This analysis compares United Lithium Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.44x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-07-31 | $0.22 | $0.10 | x |
| 2018-07-31 | $0.58 | $0.10 | x |
| 2019-07-31 | $0.02 | $0.10 | x |
| 2020-07-31 | $-0.06 | $0.10 | x |
| 2021-07-31 | $0.43 | $0.10 | x |
| 2022-07-31 | $0.22 | $0.10 | x |
| 2023-07-31 | $0.41 | $0.10 | x |
| 2024-07-31 | $0.27 | $0.10 | x |
| 2025-07-31 | $0.23 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently United Lithium Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -24.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-24.66%) is above the historical average (-898.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -30.41% | 0.00% | 0.00x | 1.03x | $-453.99K |
| 2019 | -6946.57% | 0.00% | 0.00x | 1.35x | $-4.34 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-320.35K |
| 2021 | -45.65% | 0.00% | 0.00x | 1.04x | $-10.11 Million |
| 2022 | -38.63% | 0.00% | 0.00x | 1.04x | $-7.39 Million |
| 2023 | -87.60% | 0.00% | 0.00x | 1.04x | $-12.40 Million |
| 2024 | -17.10% | 0.00% | 0.00x | 1.02x | $-3.49 Million |
| 2025 | -24.66% | 0.00% | 0.00x | 1.03x | $-3.75 Million |
Industry Comparison
This section compares United Lithium Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| United Lithium Corp (ULTHF) | $11.04 Million | -30.41% | 0.03x | $5.36 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |