E3 LITHIUM LTD (OW3) - Total Assets
Based on the latest financial reports, E3 LITHIUM LTD (OW3) holds total assets worth €62.65 Million EUR (≈ $73.24 Million USD) 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. See E3 LITHIUM LTD shareholders equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see OW3 company net worth.
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 |
|---|---|---|
|
Vale S.A
F:CVLB
|
Germany | €86.53 Billion |
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €30.52 Billion |
|
MP Materials Corp
NYSE:MP
|
USA | $3.80 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Tibet Huayu Mining Co Ltd
SHG:601020
|
China | CN¥10.37 Billion |
|
Minera Frisco S.A.B. de C.V
MX:MFRISCOA-1
|
Mexico | MX$28.40 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$647.20 Million |
|
Sichuan Anning Iron and Titanium Co
SHE:002978
|
China | CN¥16.68 Billion |
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 | 1.39 |
| Asset Growth Rate (YoY) | 38.9% |
| Total Assets | €36.10 Million |
| Market Capitalization | $50.04 Million USD |
Valuation Analysis
Above Book Valuation: The market values E3 LITHIUM LTD's assets above their book value (1.39x), 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 ≈ $42.21 Million |
+38.90% |
| 2021-12-31 | €25.99 Million ≈ $30.39 Million |
+144.26% |
| 2020-12-31 | €10.64 Million ≈ $12.44 Million |
+137.55% |
| 2019-12-31 | €4.48 Million ≈ $5.24 Million |
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About 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.