First Lithium Ltd
First Lithium Limited engages in the exploration and development of minerals properties in Mali. The company holds 100% interests in the Mali Lithium Project that includes two lithium bearing permits, including Faraba and Gouna located in Mali. The company is based in Perth, Australia.
First Lithium Ltd (FL1) - Total Assets
Latest total assets as of June 2025: AU$5.81 Million AUD
Based on the latest financial reports, First Lithium Ltd (FL1) holds total assets worth AU$5.81 Million AUD as of June 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.
First Lithium Ltd - Total Assets Trend (2021–2025)
This chart illustrates how First Lithium Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Lithium Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
First Lithium Ltd's total assets of AU$5.81 Million consist of 7.2% current assets and 92.8% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$364.17K | 6.3% |
| Accounts Receivable | AU$26.17K | 0.5% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$5.14 Million | 88.3% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how First Lithium 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Lithium Ltd's current assets represent 7.2% of total assets in 2025, a decrease from 40.2% in 2021.
- Cash Position: Cash and equivalents constituted 6.3% of total assets in 2025, up from 2.5% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is property, plant & equipment at 88.3% of total assets.
First Lithium Ltd Competitors by Total Assets
Key competitors of First Lithium Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
First Lithium Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - First Lithium Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - First Lithium Ltd is currently not profitable relative to its asset base.
First Lithium Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.51 | 2.93 | 4.74 |
| Quick Ratio | 0.51 | 2.93 | 4.74 |
| Cash Ratio | 0.45 | 2.84 | 4.60 |
| Working Capital | AU$-400.46K | AU$ 1.51 Million | AU$ 2.89 Million |
First Lithium Ltd - Advanced Valuation Insights
This section examines the relationship between First Lithium 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 | 3.91 |
| Latest Market Cap to Assets Ratio | 0.63 |
| Asset Growth Rate (YoY) | -10.9% |
| Total Assets | AU$5.81 Million |
| Market Capitalization | $3.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values First Lithium Ltd's assets below their book value (0.63 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: First Lithium Ltd's assets decreased by 10.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for First Lithium Ltd (2021–2025)
The table below shows the annual total assets of First Lithium Ltd from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$5.81 Million | -10.90% |
| 2024-06-30 | AU$6.53 Million | +59.81% |
| 2023-06-30 | AU$4.08 Million | -43.67% |
| 2022-06-30 | AU$7.25 Million | +364.12% |
| 2021-06-30 | AU$1.56 Million | -- |