Atlas Salt Inc (SALT) - Total Assets
Based on the latest financial reports, Atlas Salt Inc (SALT) holds total assets worth CA$26.19 Million CAD (≈ $18.94 Million USD) as of March 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. Check SALT cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Atlas Salt Inc - Total Assets Trend (2017–2025)
This chart illustrates how Atlas Salt Inc's total assets have evolved over time, based on quarterly financial data. Explore Atlas Salt Inc long-term investment intensity to see how much of total assets are deployed in long-term investments.
Atlas Salt Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Atlas Salt Inc's total assets of CA$26.19 Million consist of 28.0% current assets and 72.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 22.7% |
| Accounts Receivable | CA$463.88K | 1.8% |
| 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 (2017–2025)
This chart illustrates how Atlas Salt 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. For live market cap, price, and company overview, see Atlas Salt Inc stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Atlas Salt Inc's current assets represent 28.0% of total assets in 2025, an increase from 2.7% in 2017.
- Cash Position: Cash and equivalents constituted 22.7% of total assets in 2025, up from 1.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 1.8% of total assets.
Atlas Salt Inc Competitors by Total Assets
Key competitors of Atlas Salt Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €30.52 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥27.26 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Liontown Resources Limited
F:LIS
|
Germany | €1.56 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
|
BaoJi Titanium Industry Co Ltd
SHG:600456
|
China | CN¥15.50 Billion |
|
Americas Silver Corp
TO:USA
|
Canada | CA$234.70 Million |
|
Deterra Royalties Ltd
AU:DRR
|
Australia | AU$375.00 Million |
Atlas Salt 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 | 13.69 | 4.82 | 29.87 |
| Quick Ratio | 13.69 | 4.82 | 29.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$5.22 Million | CA$4.41 Million | CA$7.70 Million |
Atlas Salt Inc - Advanced Valuation Insights
This section examines the relationship between Atlas Salt 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 | 5.86 |
| Latest Market Cap to Assets Ratio | 4.94 |
| Asset Growth Rate (YoY) | 19.8% |
| Total Assets | CA$26.31 Million |
| Market Capitalization | $130.07 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Atlas Salt Inc's assets at a significant premium (4.94x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Atlas Salt Inc's assets grew by 19.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Atlas Salt Inc (2017–2025)
The table below shows the annual total assets of Atlas Salt Inc from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$26.31 Million ≈ $19.03 Million |
+19.77% |
| 2024-12-31 | CA$21.97 Million ≈ $15.89 Million |
-1.83% |
| 2023-12-31 | CA$22.37 Million ≈ $16.19 Million |
+39.43% |
| 2022-12-31 | CA$16.05 Million ≈ $11.61 Million |
+42.60% |
| 2021-12-31 | CA$11.25 Million ≈ $8.14 Million |
+443.20% |
| 2020-12-31 | CA$2.07 Million ≈ $1.50 Million |
-5.22% |
| 2019-12-31 | CA$2.19 Million ≈ $1.58 Million |
+3.97% |
| 2018-12-31 | CA$2.10 Million ≈ $1.52 Million |
+0.31% |
| 2017-12-31 | CA$2.10 Million ≈ $1.52 Million |
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About Atlas Salt Inc
Atlas Salt Inc. engages in the evaluation and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for salt and nepheline deposits. Its principal asset is the 100% owned Great Atlantic salt project in the St. George's Bay Basin of western Newfoundland. The company was formerly known as Red Moon Resources Inc. and changed its name to Atlas Salt Inc. in Augus… Read more