Voltaic Minerals Corp
Volt Lithium Corp. operates as a lithium producer and extraction technology company in Canada, North America. The company focuses on producing lithium hydroxide monohydrate and lithium carbonates from oilfield brine sources. It holds a 100% interest in the Rainbow Lake Property that consisting of 20 contiguous metallic and industrial mineral permits that covers total area of 173,990 hectares loca… Read more
Voltaic Minerals Corp (VLT) - Total Assets
Latest total assets as of January 2025: CA$10.51 Million CAD
Based on the latest financial reports, Voltaic Minerals Corp (VLT) holds total assets worth CA$10.51 Million CAD as of January 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.
Voltaic Minerals Corp - Total Assets Trend (2013–2024)
This chart illustrates how Voltaic Minerals Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Voltaic Minerals Corp - Asset Composition Analysis
Current Asset Composition (October 2024)
Voltaic Minerals Corp's total assets of CA$10.51 Million consist of 13.9% current assets and 86.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 10.6% |
| Accounts Receivable | CA$123.28K | 1.4% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$2.95 Million | 34.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Voltaic Minerals 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: Voltaic Minerals Corp's current assets represent 13.9% of total assets in 2024, a decrease from 16.7% in 2013.
- Cash Position: Cash and equivalents constituted 10.6% of total assets in 2024, up from 3.0% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 33.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is intangible assets at 34.0% of total assets.
Voltaic Minerals Corp Competitors by Total Assets
Key competitors of Voltaic Minerals Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 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 |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Voltaic Minerals 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 - Voltaic Minerals 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 - Voltaic Minerals Corp is currently not profitable relative to its asset base.
Voltaic Minerals 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 | 1.62 | 4.75 | 25.78 |
| Quick Ratio | 1.62 | 4.75 | 25.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$792.96K | CA$ 1.20 Million | CA$ 1.14 Million |
Voltaic Minerals Corp - Advanced Valuation Insights
This section examines the relationship between Voltaic Minerals 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 | 3.86 |
| Latest Market Cap to Assets Ratio | 2.48 |
| Asset Growth Rate (YoY) | 18.2% |
| Total Assets | CA$8.68 Million |
| Market Capitalization | $21.56 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Voltaic Minerals Corp's assets at a significant premium ( 2.48x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Voltaic Minerals Corp's assets grew by 18.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Voltaic Minerals Corp (2013–2024)
The table below shows the annual total assets of Voltaic Minerals Corp from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | CA$8.68 Million | +18.24% |
| 2023-10-31 | CA$7.34 Million | +24.42% |
| 2022-10-31 | CA$5.90 Million | +71.24% |
| 2021-10-31 | CA$3.45 Million | +3008.06% |
| 2020-10-31 | CA$110.89K | -93.99% |
| 2018-10-31 | CA$1.84 Million | +52.74% |
| 2017-10-31 | CA$1.21 Million | +50.43% |
| 2016-10-31 | CA$802.97K | +12.82% |
| 2015-10-31 | CA$711.70K | -12.24% |
| 2014-10-31 | CA$810.93K | -0.96% |
| 2013-10-31 | CA$818.79K | -- |