Piedmont Lithium Inc
Piedmont Lithium Inc., a development stage company, engages in the exploration and development of resource projects in the United States. The company primarily holds a 100% interest in the Carolina Lithium Project that include an area of approximately 3,482 acres located within the Carolina Tin-Spodumene Belt situated to the northwest of Charlotte, North Carolina in the United States. It also own… Read more
Piedmont Lithium Inc (PLLTL) - Total Assets
Latest total assets as of June 2025: $318.55 Million USD
Based on the latest financial reports, Piedmont Lithium Inc (PLLTL) holds total assets worth $318.55 Million USD as of June 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.
Piedmont Lithium Inc - Total Assets Trend (1988–2024)
This chart illustrates how Piedmont Lithium Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Piedmont Lithium Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Piedmont Lithium Inc's total assets of $318.55 Million consist of 29.3% current assets and 70.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 25.1% |
| Accounts Receivable | $5.61 Million | 1.6% |
| 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 (1988–2024)
This chart illustrates how Piedmont 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: Piedmont Lithium Inc's current assets represent 29.3% of total assets in 2024, a decrease from 46.9% in 1988.
- Cash Position: Cash and equivalents constituted 25.1% of total assets in 2024, up from 4.3% in 1988.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 7.0% in 1988.
- Asset Diversification: The largest asset category is accounts receivable at 1.6% of total assets.
Piedmont Lithium Inc Competitors by Total Assets
Key competitors of Piedmont Lithium Inc 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 |
Piedmont 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 - Piedmont Lithium Inc generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Piedmont Lithium Inc is currently not profitable relative to its asset base.
Piedmont 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 | 1.81 | 2.32 | 18.10 |
| Quick Ratio | 1.81 | 2.32 | 18.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $29.21 Million | $ 47.68 Million | $ 67.31 Million |
Piedmont Lithium Inc - Advanced Valuation Insights
This section examines the relationship between Piedmont 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 | 0.61 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -8.2% |
| Total Assets | $349.88 Million |
| Market Capitalization | $1.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values Piedmont Lithium Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Piedmont Lithium Inc's assets decreased by 8.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Piedmont Lithium Inc (1988–2024)
The table below shows the annual total assets of Piedmont Lithium Inc from 1988 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $349.88 Million | -8.23% |
| 2023-12-31 | $381.25 Million | +32.42% |
| 2022-12-31 | $287.92 Million | +53.27% |
| 2021-12-31 | $187.85 Million | +2669.39% |
| 2020-12-31 | $6.78 Million | 0.00% |
| 2019-12-31 | $6.78 Million | -15.29% |
| 2018-12-31 | $8.01 Million | +113.63% |
| 2016-12-31 | $3.75 Million | +161.12% |
| 2015-12-31 | $1.44 Million | -21.97% |
| 2014-12-31 | $1.84 Million | -48.29% |
| 2013-12-31 | $3.56 Million | -42.49% |
| 2012-12-31 | $6.19 Million | -34.32% |
| 2011-12-31 | $9.42 Million | -21.26% |
| 2010-12-31 | $11.96 Million | -0.82% |
| 2009-12-31 | $12.06 Million | +32.13% |
| 2008-12-31 | $9.13 Million | -43.69% |
| 2007-12-31 | $16.21 Million | +23.57% |
| 2006-12-31 | $13.12 Million | +531.42% |
| 2005-12-31 | $2.08 Million | +103.81% |
| 2004-12-31 | $1.02 Million | +259.15% |
| 2003-12-31 | $283.85K | -96.87% |
| 2002-12-31 | $9.06 Million | -71.17% |
| 1999-12-31 | $31.41 Million | +50.68% |
| 1998-12-31 | $20.84 Million | -20.05% |
| 1997-12-31 | $26.07 Million | -27.20% |
| 1996-12-31 | $35.81 Million | -16.55% |
| 1995-12-31 | $42.92 Million | +33.31% |
| 1994-12-31 | $32.19 Million | -0.04% |
| 1993-12-31 | $32.20 Million | +30.07% |
| 1992-12-31 | $24.76 Million | -11.02% |
| 1991-12-31 | $27.82 Million | +2.94% |
| 1990-12-31 | $27.03 Million | -2.65% |
| 1989-12-31 | $27.77 Million | +8.45% |
| 1988-12-31 | $25.60 Million | -- |