Rapid Lithium Limited
Rapid Critical Metals Limited engages in the exploration and evaluation of mineral resource properties in Africa, the United States, and internationally. It explores for nickel and copper deposits. It holds 100% interest in the Nyanga Magmatic nickel copper project with two exploration licenses covering an area of approximately 2,725 square kilometers located in Southern Gabon. The company also h… Read more
Rapid Lithium Limited (RLL) - Total Assets
Latest total assets as of December 2024: AU$9.88 Million AUD
Based on the latest financial reports, Rapid Lithium Limited (RLL) holds total assets worth AU$9.88 Million AUD as of December 2024.
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.
Rapid Lithium Limited - Total Assets Trend (2021–2024)
This chart illustrates how Rapid Lithium Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rapid Lithium Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Rapid Lithium Limited's total assets of AU$9.88 Million consist of 5.8% current assets and 94.3% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 3.8% |
| Accounts Receivable | AU$0.00 | 0.0% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Rapid Lithium Limited'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: Rapid Lithium Limited's current assets represent 5.8% of total assets in 2024, a decrease from 61.4% in 2021.
- Cash Position: Cash and equivalents constituted 3.8% of total assets in 2024, down from 56.7% 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 goodwill at 0.0% of total assets.
Rapid Lithium Limited Competitors by Total Assets
Key competitors of Rapid Lithium Limited 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 |
Rapid Lithium Limited - 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 - Rapid Lithium Limited 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 - Rapid Lithium Limited is currently not profitable relative to its asset base.
Rapid Lithium Limited - 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 | 0.03 | 0.19 | - |
| Quick Ratio | 0.03 | 0.19 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | AU$-18.31 Million | AU$ -8.10 Million | - |
Rapid Lithium Limited - Advanced Valuation Insights
This section examines the relationship between Rapid Lithium Limited'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 | 0.39 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | -38.1% |
| Total Assets | AU$9.88 Million |
| Market Capitalization | $2.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Rapid Lithium Limited's assets below their book value (0.23 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Rapid Lithium Limited's assets decreased by 38.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Rapid Lithium Limited (2021–2024)
The table below shows the annual total assets of Rapid Lithium Limited from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$9.88 Million | -38.08% |
| 2023-12-31 | AU$15.95 Million | +9.55% |
| 2022-12-31 | AU$14.56 Million | -6.78% |
| 2021-12-31 | AU$15.62 Million | -- |