Nova Lithium Corp.
Nova Lithium Corp., a junior mining company, engages in the acquisition, exploration, and development of lithium brine and lithium clay properties. It holds 100% interest in the Deer Musk West project that comprises 190 mineral claims covering an area of approximately 1550 hectares located in the southern Clayton Valley, Nevada. The company was formerly known as Halcyon Ventures Inc. and changed … Read more
Nova Lithium Corp. (NVLIF) - Total Assets
Latest total assets as of September 2025: $3.29 Million USD
Based on the latest financial reports, Nova Lithium Corp. (NVLIF) holds total assets worth $3.29 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.
Nova Lithium Corp. - Total Assets Trend (2021–2025)
This chart illustrates how Nova Lithium Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nova Lithium Corp. - Asset Composition Analysis
Current Asset Composition (June 2025)
Nova Lithium Corp.'s total assets of $3.29 Million consist of 45.5% current assets and 54.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 36.6% |
| 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 (2021–2025)
This chart illustrates how Nova Lithium 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: Nova Lithium Corp.'s current assets represent 45.5% of total assets in 2025, a decrease from 61.9% in 2021.
- Cash Position: Cash and equivalents constituted 36.6% of total assets in 2025, down from 61.9% 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.
Nova Lithium Corp. Competitors by Total Assets
Key competitors of Nova Lithium Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 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 |
Nova Lithium 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 - Nova Lithium 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 - Nova Lithium Corp. is currently not profitable relative to its asset base.
Nova Lithium 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 | 2.24 | 0.17 | 4.62 |
| Quick Ratio | 2.24 | 0.17 | 4.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $352.30K | $ -390.78K | $ 287.79K |
Nova Lithium Corp. - Advanced Valuation Insights
This section examines the relationship between Nova Lithium 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 | 24.95 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2206.6% |
| Total Assets | $3.90 Million |
| Market Capitalization | $1.18K USD |
Valuation Analysis
Below Book Valuation: The market values Nova Lithium Corp.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Nova Lithium Corp.'s assets grew by 2206.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nova Lithium Corp. (2021–2025)
The table below shows the annual total assets of Nova Lithium Corp. from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $3.90 Million | +2206.56% |
| 2024-06-30 | $169.16K | -68.98% |
| 2023-06-30 | $545.26K | -30.26% |
| 2022-06-30 | $781.87K | -9.09% |
| 2021-06-30 | $860.02K | -- |