ULTRA LITHIUM Total Assets
ULTRA LITHIUM 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. Also see QFB market cap for the company's overall valuation and market capitalisation.
Total Assets of ULTRA LITHIUM (2019–2024)
Total assets of ULTRA LITHIUM from 2019 to 2024. This chart illustrates how ULTRA LITHIUM's total assets have evolved over time, based on quarterly financial data. See ULTRA LITHIUM stock quote for real-time trading data and today's change.
ULTRA LITHIUM - Asset Composition Analysis
ULTRA LITHIUM Total Assets Breakdown (October 2024)
ULTRA LITHIUM total assets breakdown as of 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. Explore QFB working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥19.69 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$605.62 Million |
|
Deterra Royalties Ltd
AU:DRR
|
Australia | AU$375.00 Million |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.86 Billion |
|
Adriatic Metals Plc
F:3FN
|
Germany | €350.05 Million |
|
Vizsla Silver Corp.
TO:VZLA
|
Canada | CA$1.02 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.