ULTRA LITHIUM (QFB) - Total Assets
Based on the latest financial reports, ULTRA LITHIUM (QFB) holds total assets worth €8.71 Million EUR (≈ $10.19 Million USD) as of April 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. Explore QFB operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
ULTRA LITHIUM - Total Assets Trend (2019–2024)
This chart illustrates how ULTRA LITHIUM's total assets have evolved over time, based on quarterly financial data. See ULTRA LITHIUM (QFB) net assets for net asset value and shareholders' equity analysis.
ULTRA LITHIUM - Asset Composition Analysis
Current Asset Composition (October 2024)
ULTRA LITHIUM's total assets of €8.71 Million consist of 4.5% current assets and 95.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 3.1% |
| Accounts Receivable | €73.11K | 0.8% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how ULTRA LITHIUM'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 market cap of ULTRA LITHIUM.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ULTRA LITHIUM's current assets represent 4.5% of total assets in 2024, a decrease from 34.9% in 2019.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2024, down from 33.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 0.8% of total assets.
ULTRA LITHIUM Competitors by Total Assets
Key competitors of ULTRA LITHIUM based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Spruce Ridge Resources Ltd.
V:SHL
|
Canada | CA$9.95 Million |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥19.69 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.08 Billion |
|
Vale Indonesia Tbk
JK:INCO
|
Indonesia | Rp3.34 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Sigma Lithium Resources Corp
V:SGML
|
Canada | CA$293.75 Million |
|
Lithium Argentina AG
NYSE:LAR
|
USA | $1.08 Billion |
ULTRA LITHIUM - 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 | 0.04 | 0.15 | 1.55 |
| Quick Ratio | 0.04 | 0.15 | 1.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-2.74 Million | €-2.63 Million | €3.37 Million |
ULTRA LITHIUM - Advanced Valuation Insights
This section examines the relationship between ULTRA LITHIUM'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 | 0.33 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | -28.9% |
| Total Assets | €9.76 Million |
| Market Capitalization | $1.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values ULTRA LITHIUM's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: ULTRA LITHIUM's assets decreased by 28.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ULTRA LITHIUM (2019–2024)
The table below shows the annual total assets of ULTRA LITHIUM from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | €9.76 Million ≈ $11.40 Million |
-28.93% |
| 2023-10-31 | €13.73 Million ≈ $16.05 Million |
-25.46% |
| 2022-10-31 | €18.41 Million ≈ $21.53 Million |
+480.77% |
| 2021-10-31 | €3.17 Million ≈ $3.71 Million |
+33.24% |
| 2020-10-31 | €2.38 Million ≈ $2.78 Million |
-14.90% |
| 2019-10-31 | €2.80 Million ≈ $3.27 Million |
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About ULTRA LITHIUM
Ultra Lithium Inc. engages in the acquisition, exploration, and development of resource properties in Argentina, Canada, and the United States. It primarily explores for gold and lithium deposits. The company was formerly known as Ultra Resources Inc. and changed its name to Ultra Lithium Inc. in January 2022. Ultra Lithium Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada.