E3 LITHIUM LTD
E3 Lithium Limited engages in the development and extraction of lithium resources in Alberta. The company was formerly known as E3 Metals Corp. and changed its name to E3 Lithium Limited in July 2022. E3 Lithium Limited is headquartered in Calgary, Canada.
E3 LITHIUM LTD (OW3) - Total Assets
Latest total assets as of September 2023: €62.65 Million EUR
Based on the latest financial reports, E3 LITHIUM LTD (OW3) holds total assets worth €62.65 Million EUR as of September 2023.
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.
E3 LITHIUM LTD - Total Assets Trend (2019–2022)
This chart illustrates how E3 LITHIUM LTD’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
E3 LITHIUM LTD - Asset Composition Analysis
Current Asset Composition (December 2022)
E3 LITHIUM LTD's total assets of €62.65 Million consist of 52.1% current assets and 47.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 36.7% |
| Accounts Receivable | €5.01 Million | 13.9% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €12.98 Million | 36.0% |
| Intangible Assets | €4.33 Million | 12.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2019–2022)
This chart illustrates how E3 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: E3 LITHIUM LTD's current assets represent 52.1% of total assets in 2022, an increase from 33.4% in 2019.
- Cash Position: Cash and equivalents constituted 36.7% of total assets in 2022, up from 6.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 5.0% in 2019.
- Asset Diversification: The largest asset category is property, plant & equipment at 36.0% of total assets.
E3 LITHIUM LTD Competitors by Total Assets
Key competitors of E3 LITHIUM LTD 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 |
E3 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 - E3 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 - E3 LITHIUM LTD is currently not profitable relative to its asset base.
E3 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 | 12.00 | 3.91 | 3.91 |
| Quick Ratio | 12.00 | 3.91 | 3.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €37.74 Million | € 13.37 Million | € 13.37 Million |
E3 LITHIUM LTD - Advanced Valuation Insights
This section examines the relationship between E3 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 | 1.82 |
| Latest Market Cap to Assets Ratio | 1.42 |
| Asset Growth Rate (YoY) | 38.9% |
| Total Assets | €36.10 Million |
| Market Capitalization | $51.36 Million USD |
Valuation Analysis
Above Book Valuation: The market values E3 LITHIUM LTD's assets above their book value (1.42 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: E3 LITHIUM LTD's assets grew by 38.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for E3 LITHIUM LTD (2019–2022)
The table below shows the annual total assets of E3 LITHIUM LTD from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | €36.10 Million | +38.90% |
| 2021-12-31 | €25.99 Million | +144.26% |
| 2020-12-31 | €10.64 Million | +137.55% |
| 2019-12-31 | €4.48 Million | -- |