Grounded Lithium Corp.
Grounded Lithium Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. It processes lithium metal from brine liquids. The company's flagship project is the Kindersley lithium project located in Saskatchewan, Canada. The company is headquartered in Calgary, Canada.
Grounded Lithium Corp. (GRD) - Total Assets
Latest total assets as of September 2025: CA$2.39 Million CAD
Based on the latest financial reports, Grounded Lithium Corp. (GRD) holds total assets worth CA$2.39 Million CAD 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.
Grounded Lithium Corp. - Total Assets Trend (2021–2024)
This chart illustrates how Grounded Lithium Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Grounded Lithium Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Grounded Lithium Corp.'s total assets of CA$2.39 Million consist of 28.2% current assets and 71.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 5.0% |
| Accounts Receivable | CA$525.11K | 18.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Grounded 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: Grounded Lithium Corp.'s current assets represent 28.2% of total assets in 2024, a decrease from 93.6% in 2021.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2024, down from 93.3% 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 accounts receivable at 18.0% of total assets.
Grounded Lithium Corp. Competitors by Total Assets
Key competitors of Grounded 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 |
Grounded 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 - Grounded 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 - Grounded Lithium Corp. is currently not profitable relative to its asset base.
Grounded 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 | 1.13 | 1.44 | 3.55 |
| Quick Ratio | 1.13 | 1.44 | 3.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$34.67K | CA$ 135.88K | CA$ 890.06K |
Grounded Lithium Corp. - Advanced Valuation Insights
This section examines the relationship between Grounded 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 | 2.27 |
| Latest Market Cap to Assets Ratio | 1.08 |
| Asset Growth Rate (YoY) | -13.2% |
| Total Assets | CA$2.91 Million |
| Market Capitalization | $3.16 Million USD |
Valuation Analysis
Above Book Valuation: The market values Grounded Lithium Corp.'s assets above their book value (1.08 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Grounded Lithium Corp.'s assets decreased by 13.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Grounded Lithium Corp. (2021–2024)
The table below shows the annual total assets of Grounded Lithium Corp. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.91 Million | -13.22% |
| 2023-12-31 | CA$3.36 Million | -44.31% |
| 2022-12-31 | CA$6.03 Million | +141.64% |
| 2021-12-31 | CA$2.49 Million | -- |