Vinland Lithium Inc.
Vinland Lithium Inc. operates as a mineral exploration company. It holds 100% interests in the Killick Lithium Project in Southwestern Newfoundland. The company was incorporated in 2023 and is headquartered in Vancouver, Canada.
Vinland Lithium Inc. (VLD) - Total Assets
Latest total assets as of September 2025: CA$9.60 Million CAD
Based on the latest financial reports, Vinland Lithium Inc. (VLD) holds total assets worth CA$9.60 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.
Vinland Lithium Inc. - Total Assets Trend (2023–2024)
This chart illustrates how Vinland Lithium Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vinland Lithium Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Vinland Lithium Inc.'s total assets of CA$9.60 Million consist of 18.2% current assets and 81.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 17.8% |
| 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 (2023–2024)
This chart illustrates how Vinland 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: Vinland Lithium Inc.'s current assets represent 18.2% of total assets in 2024, a decrease from 19.5% in 2023.
- Cash Position: Cash and equivalents constituted 17.8% of total assets in 2024, up from 15.0% in 2023.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2023.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Vinland Lithium Inc. Competitors by Total Assets
Key competitors of Vinland Lithium Inc. 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 |
Vinland 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 - Vinland Lithium Inc. 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 - Vinland Lithium Inc. is currently not profitable relative to its asset base.
Vinland 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 | 12.30 | 10.97 | 10.97 |
| Quick Ratio | 12.30 | 10.97 | 10.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$1.28 Million | CA$ 1.64 Million | CA$ 1.64 Million |
Vinland Lithium Inc. - Advanced Valuation Insights
This section examines the relationship between Vinland 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 | 0.64 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -2.3% |
| Total Assets | CA$9.91 Million |
| Market Capitalization | $3.88K USD |
Valuation Analysis
Below Book Valuation: The market values Vinland Lithium Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Vinland Lithium Inc.'s assets decreased by 2.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Vinland Lithium Inc. (2023–2024)
The table below shows the annual total assets of Vinland Lithium Inc. from 2023 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$9.91 Million | -2.32% |
| 2023-12-31 | CA$10.14 Million | -- |