ACME Lithium Inc
ACME Lithium Inc. engages in the acquisition, exploration, and evaluation of natural resource properties in the United States and Canada. It explores for lithium deposits. The company was incorporated in 2017 and is based in Vancouver, Canada.
ACME Lithium Inc (ACLHF) - Total Assets
Latest total assets as of March 2025: $13.22 Million USD
Based on the latest financial reports, ACME Lithium Inc (ACLHF) holds total assets worth $13.22 Million USD as of March 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.
ACME Lithium Inc - Total Assets Trend (2018–2024)
This chart illustrates how ACME Lithium Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ACME Lithium Inc - Asset Composition Analysis
Current Asset Composition (September 2024)
ACME Lithium Inc's total assets of $13.22 Million consist of 2.7% current assets and 97.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.0% |
| Accounts Receivable | $58.12K | 0.5% |
| 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 (2018–2024)
This chart illustrates how ACME Lithium Inc'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: ACME Lithium Inc's current assets represent 2.7% of total assets in 2024, a decrease from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2024, down from 23.7% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
ACME Lithium Inc Competitors by Total Assets
Key competitors of ACME Lithium Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Argyle Resources Corp.
F:ME0
|
Germany | €5.32 Million |
|
ACG
F:ACG
|
Germany | €395.62 Million |
|
7KU
F:7KU
|
Germany | €7.66 Million |
|
ACG Acquisition Co. Ltd.
LSE:ACG
|
UK | GBX395.62 Million |
|
C29 Metals Ltd
AU:C29
|
Australia | AU$3.39 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 |
ACME Lithium Inc - 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 - ACME Lithium Inc 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 - ACME Lithium Inc is currently not profitable relative to its asset base.
ACME Lithium Inc - 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 | 0.50 | 1.56 | 0.07 |
| Quick Ratio | 0.50 | 1.56 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-191.94K | $ 264.42K | $ -603.60K |
ACME Lithium Inc - Advanced Valuation Insights
This section examines the relationship between ACME Lithium Inc'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 | 0.54 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -1.6% |
| Total Assets | $12.83 Million |
| Market Capitalization | $561.74K USD |
Valuation Analysis
Below Book Valuation: The market values ACME Lithium Inc's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: ACME Lithium Inc's assets decreased by 1.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for ACME Lithium Inc (2018–2024)
The table below shows the annual total assets of ACME Lithium Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $12.83 Million | -1.63% |
| 2023-09-30 | $13.05 Million | -7.92% |
| 2022-09-30 | $14.17 Million | +259.38% |
| 2021-09-30 | $3.94 Million | +7691.90% |
| 2020-09-30 | $50.60K | +1.58% |
| 2019-09-30 | $49.81K | -12.23% |
| 2018-09-30 | $56.76K | -- |