Noram Lithium Corp Total Assets
Noram Lithium Corp total assets. Based on the latest financial reports, Noram Lithium Corp (NRM) holds total assets worth CA$5.86 Million CAD (≈ $4.24 Million USD) as of January 2026. 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. Also see how much is Noram Lithium Corp worth for the company's overall valuation and market capitalisation.
Total Assets of Noram Lithium Corp (2012–2026)
Total assets of Noram Lithium Corp from 2012 to 2026. This chart illustrates how Noram Lithium Corp's total assets have evolved over time, based on quarterly financial data. See current stock price of Noram Lithium Corp for real-time trading data and today's change.
Noram Lithium Corp - Asset Composition Analysis
Noram Lithium Corp Total Assets Breakdown (January 2026)
Noram Lithium Corp total assets breakdown as of January 2026. Noram Lithium Corp's total assets of CA$5.86 Million consist of 5.3% current assets and 94.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 2.0% |
| Accounts Receivable | CA$0.00 | 0.0% |
| 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 (2012–2026)
This chart illustrates how Noram 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. Explore working capital position of Noram Lithium Corp to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Noram Lithium Corp's current assets represent 5.3% of total assets in 2026, a decrease from 45.3% in 2012.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2026, down from 12.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Noram Lithium Corp Competitors by Total Assets
Key competitors of Noram Lithium Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Rio Tinto Group
F:RIOA
|
Germany | €128.10 Billion |
|
China Molybdenum Co. Ltd
F:D7N
|
Germany | €227.74 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥63.81 Billion |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.65 Billion |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378
|
China | CN¥9.17 Billion |
|
Tibet Mineral Development Co Ltd
SHE:000762
|
China | CN¥7.42 Billion |
|
Perenti Ltd
AU:PRN
|
Australia | AU$3.16 Billion |
Noram Lithium Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.84 | 1.81 | 4.99 |
| Quick Ratio | 0.84 | 1.81 | 4.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-59.75K | CA$331.70K | CA$1.36 Million |
Noram Lithium Corp - Advanced Valuation Insights
This section examines the relationship between Noram 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 | 1.17 |
| Latest Market Cap to Assets Ratio | 0.56 |
| Asset Growth Rate (YoY) | -7.1% |
| Total Assets | CA$5.86 Million |
| Market Capitalization | $3.27 Million USD |
Valuation Analysis
Below Book Valuation: The market values Noram Lithium Corp's assets below their book value (0.56x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Noram Lithium Corp's assets decreased by 7.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Noram Lithium Corp (2012–2026)
The table below shows the annual total assets of Noram Lithium Corp from 2012 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-01-31 | CA$5.86 Million ≈ $4.24 Million |
-7.08% |
| 2025-01-31 | CA$6.30 Million ≈ $4.56 Million |
-25.24% |
| 2024-01-31 | CA$8.43 Million ≈ $6.10 Million |
-40.78% |
| 2023-01-31 | CA$14.24 Million ≈ $10.30 Million |
+139.55% |
| 2022-01-31 | CA$5.94 Million ≈ $4.30 Million |
+17.96% |
| 2021-01-31 | CA$5.04 Million ≈ $3.65 Million |
+57.59% |
| 2020-01-31 | CA$3.20 Million ≈ $2.31 Million |
+1.40% |
| 2019-01-31 | CA$3.15 Million ≈ $2.28 Million |
+160.05% |
| 2018-01-31 | CA$1.21 Million ≈ $877.17K |
-57.95% |
| 2017-01-31 | CA$2.88 Million ≈ $2.09 Million |
+238.71% |
| 2016-01-31 | CA$851.40K ≈ $615.89K |
-30.99% |
| 2015-01-31 | CA$1.23 Million ≈ $892.50K |
-25.08% |
| 2014-01-31 | CA$1.65 Million ≈ $1.19 Million |
+25.72% |
| 2013-01-31 | CA$1.31 Million ≈ $947.55K |
+80.62% |
| 2012-01-31 | CA$725.21K ≈ $524.60K |
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About Noram Lithium Corp
Noram Lithium Corp., through its subsidiary, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company explores for lithium deposits. It holds 100% interest in the Zeus Lithium project consisting of 146 placer claims and 136 lode claims covering an area of approximately 1,113 hectares located in Clayton Valley, Nevada, the United S… Read more