First Lithium Minerals Corp.
First Lithium Minerals Corp. operates as a mineral exploration and development company in Chile and Canada. The company primarily explores for lithium and alkali metals. It holds 100% interests in the OCA Salar de Ascotan project that covers an area of approximately 1,800 hectares of mineral exploration concessions located in the salar Ascotan in the Antofagasta Region of northern Chile; and the … Read more
First Lithium Minerals Corp. (FLMCF) - Total Assets
Latest total assets as of September 2025: $2.14 Million USD
Based on the latest financial reports, First Lithium Minerals Corp. (FLMCF) holds total assets worth $2.14 Million USD as of September 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.
First Lithium Minerals Corp. - Total Assets Trend (2021–2024)
This chart illustrates how First Lithium Minerals Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Lithium Minerals Corp. - Asset Composition Analysis
Current Asset Composition (September 2024)
First Lithium Minerals Corp.'s total assets of $2.14 Million consist of 74.4% current assets and 25.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 69.0% |
| 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 First Lithium Minerals 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: First Lithium Minerals Corp.'s current assets represent 74.4% of total assets in 2024, an increase from 66.5% in 2021.
- Cash Position: Cash and equivalents constituted 69.0% of total assets in 2024, up from 6.0% 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.
First Lithium Minerals Corp. Competitors by Total Assets
Key competitors of First Lithium Minerals 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 |
First Lithium Minerals 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 - First Lithium Minerals 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 - First Lithium Minerals Corp. is currently not profitable relative to its asset base.
First Lithium Minerals 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 | 2.65 | 5.39 | 21.52 |
| Quick Ratio | 2.65 | 5.39 | 21.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $878.98K | $ 1.92 Million | $ 4.16 Million |
First Lithium Minerals Corp. - Advanced Valuation Insights
This section examines the relationship between First Lithium Minerals 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 | 8.88 |
| Latest Market Cap to Assets Ratio | 1.62 |
| Asset Growth Rate (YoY) | -31.4% |
| Total Assets | $2.78 Million |
| Market Capitalization | $4.52 Million USD |
Valuation Analysis
Above Book Valuation: The market values First Lithium Minerals Corp.'s assets above their book value (1.62 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: First Lithium Minerals Corp.'s assets decreased by 31.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for First Lithium Minerals Corp. (2021–2024)
The table below shows the annual total assets of First Lithium Minerals Corp. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $2.78 Million | -31.42% |
| 2023-09-30 | $4.06 Million | -22.51% |
| 2022-09-30 | $5.24 Million | +992.54% |
| 2021-09-30 | $479.19K | -- |