Noram Lithium Corp (NRM) - Total Assets
Based on the latest financial reports, Noram Lithium Corp (NRM) holds total assets worth CA$5.77 Million CAD (≈ $4.18 Million USD) as of October 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. Check Noram Lithium Corp (NRM) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Noram Lithium Corp - Total Assets Trend (2012–2025)
This chart illustrates how Noram Lithium Corp's total assets have evolved over time, based on quarterly financial data. Check how high is Noram Lithium Corp's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Noram Lithium Corp - Asset Composition Analysis
Current Asset Composition (January 2025)
Noram Lithium Corp's total assets of CA$5.77 Million consist of 11.7% current assets and 88.3% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 9.2% |
| 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 (2012–2025)
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. For live market cap, price, and company overview, see NRM stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Noram Lithium Corp's current assets represent 11.7% of total assets in 2025, a decrease from 45.3% in 2012.
- Cash Position: Cash and equivalents constituted 9.2% of total assets in 2025, 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 |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
Vale S.A
F:CVLB
|
Germany | €87.59 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
RTG Mining Inc
AU:RTG
|
Australia | AU$11.53 Million |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
Noram Lithium Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.15 | 4.30 | 6.35 |
| Quick Ratio | 0.15 | 4.30 | 6.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-957.50K | CA$764.75K | CA$1.26 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 | 1.91 |
| Latest Market Cap to Assets Ratio | 1.04 |
| Asset Growth Rate (YoY) | -25.2% |
| Total Assets | CA$6.30 Million |
| Market Capitalization | $6.55 Million USD |
Valuation Analysis
Above Book Valuation: The market values Noram Lithium Corp's assets above their book value (1.04x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Noram Lithium Corp's assets decreased by 25.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Noram Lithium Corp (2012–2025)
The table below shows the annual total assets of Noram Lithium Corp from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 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 Green Energy Resources Inc., engages in the acquisition, exploration, and development of mineral exploration properties in Canada and the United States. The company holds a 100% interest in the Zeus lithium project, which includes 146 placer claims and 136 lode claims covering an area of 1,113 hectares located in Clayton Valley, Nevada, United States. T… Read more