Li-Metal Corp.
Li-Metal Corp. engages in the development, production, and sale of metallic lithium metal and anode materials. The company also researched, develops, and commercializes lithium metal production technologies for use in batteries. In addition, it reprocesses scrap lithium metal from various sources into metal ingots. Li-Metal Corp. is headquartered in Markham, Canada.
Li-Metal Corp. (LIMFF) - Total Assets
Latest total assets as of March 2024: $7.61 Million USD
Based on the latest financial reports, Li-Metal Corp. (LIMFF) holds total assets worth $7.61 Million USD as of March 2024.
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.
Li-Metal Corp. - Total Assets Trend (2021–2024)
This chart illustrates how Li-Metal Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Li-Metal Corp. - Asset Composition Analysis
Current Asset Composition (March 2024)
Li-Metal Corp.'s total assets of $7.61 Million consist of 28.7% current assets and 71.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 21.7% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2021–2024)
This chart illustrates how Li-Metal Corp.'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: Li-Metal Corp.'s current assets represent 28.7% of total assets in 2024, a decrease from 92.2% in 2021.
- Cash Position: Cash and equivalents constituted 21.7% of total assets in 2024, down from 83.1% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Li-Metal Corp. Competitors by Total Assets
Key competitors of Li-Metal Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Li-Metal Corp. - 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 - Li-Metal Corp. generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Li-Metal Corp. is currently not profitable relative to its asset base.
Li-Metal Corp. - 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 | 2.49 | 6.59 | 1.09 |
| Quick Ratio | 2.49 | 6.59 | 1.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.31 Million | $ 9.54 Million | $ 372.06K |
Li-Metal Corp. - Advanced Valuation Insights
This section examines the relationship between Li-Metal Corp.'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 | 0.71 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | -55.0% |
| Total Assets | $7.61 Million |
| Market Capitalization | $2.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values Li-Metal Corp.'s assets below their book value (0.35 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Li-Metal Corp.'s assets decreased by 55.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Li-Metal Corp. (2021–2024)
The table below shows the annual total assets of Li-Metal Corp. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $7.61 Million | -55.04% |
| 2023-03-31 | $16.93 Million | -38.88% |
| 2022-03-31 | $27.70 Million | +655.55% |
| 2021-03-31 | $3.67 Million | -- |