MegaWatt Lithium and Battery Metals Corp
MegaWatt Lithium and Battery Metals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Australia. It holds a 100% interest in the Route 381 Lithium property that consists of 40 mineral claims covering an area of approximately 2,126 hectares located in James Bay Territory in the Province of Quebec. The company also holds interest in the Tyr silver pr… Read more
MegaWatt Lithium and Battery Metals Corp (WALRF) - Total Assets
Latest total assets as of December 2024: $4.25 Million USD
Based on the latest financial reports, MegaWatt Lithium and Battery Metals Corp (WALRF) holds total assets worth $4.25 Million USD as of December 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.
MegaWatt Lithium and Battery Metals Corp - Total Assets Trend (2018–2024)
This chart illustrates how MegaWatt Lithium and Battery Metals Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MegaWatt Lithium and Battery Metals Corp - Asset Composition Analysis
Current Asset Composition (September 2024)
MegaWatt Lithium and Battery Metals Corp's total assets of $4.25 Million consist of 2.2% current assets and 97.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| 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 (2018–2024)
This chart illustrates how MegaWatt Lithium and Battery Metals 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: MegaWatt Lithium and Battery Metals Corp's current assets represent 2.2% of total assets in 2024, a decrease from 39.3% in 2018.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, down from 32.2% 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 goodwill at 0.0% of total assets.
MegaWatt Lithium and Battery Metals Corp Competitors by Total Assets
Key competitors of MegaWatt Lithium and Battery Metals Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 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 |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
MegaWatt Lithium and Battery Metals 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 - MegaWatt Lithium and Battery Metals Corp 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 - MegaWatt Lithium and Battery Metals Corp is currently not profitable relative to its asset base.
MegaWatt Lithium and Battery Metals 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 | 0.05 | 0.23 | 168.34 |
| Quick Ratio | 0.05 | 0.23 | 168.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.17 Million | $ -520.41K | $ 158.31K |
MegaWatt Lithium and Battery Metals Corp - Advanced Valuation Insights
This section examines the relationship between MegaWatt Lithium and Battery Metals 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 | 0.19 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 161.4% |
| Total Assets | $4.28 Million |
| Market Capitalization | $398.58K USD |
Valuation Analysis
Below Book Valuation: The market values MegaWatt Lithium and Battery Metals Corp's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MegaWatt Lithium and Battery Metals Corp's assets grew by 161.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MegaWatt Lithium and Battery Metals Corp (2018–2024)
The table below shows the annual total assets of MegaWatt Lithium and Battery Metals Corp from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $4.28 Million | +161.40% |
| 2023-09-30 | $1.64 Million | -42.69% |
| 2022-09-30 | $2.86 Million | -80.91% |
| 2021-09-30 | $14.97 Million | +386.08% |
| 2020-09-30 | $3.08 Million | +1790.02% |
| 2019-09-30 | $162.93K | -19.91% |
| 2018-09-30 | $203.43K | -- |