NRVTF (Noram Lithium) Total Assets: $4.25 Mil (As of Jan. 2026)


What is Noram Lithium Total Assets?

Noram Lithium NRVTF -5.03% Total Assets is $4.25 Mil as of Jan. 2026.

Noram Lithium's Total Assets for the quarter that ended in Jan. 2026 was $4.25 Mil.

During the past 12 months, Noram Lithium's average Total Assets Growth Rate was 0.30% per year. During the past 3 years, the average Total Assets Growth Rate was 41.80% per year. During the past 5 years, the average Total Assets Growth Rate was 13.00% per year. During the past 10 years, the average Total Assets Growth Rate was 16.30% per year.

During the past 13 years, Noram Lithium's highest 3-Year average Total Assets Growth Rate was 50.90%. The lowest was -14.20%. And the median was 13.15%.

Total Assets is connected with ROA %. Noram Lithium's annualized ROA % for the quarter that ended in Jan. 2026 was 41.14%. Total Assets is also linked to Revenue through Asset Turnover. Noram Lithium's Asset Turnover for the quarter that ended in Jan. 2026 was 0.00.

Noram Lithium  (OTCPK:NRVTF) Total Assets Explanation

Total Assets is connected with ROA %.

Noram Lithium's annualized ROA % for the quarter that ended in Jan. 2026 is

ROA %=Net Income (Q: Jan. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=1.724/( (4.127+4.254)/ 2 )
=1.724/4.1905
=41.14 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Noram Lithium's Asset Turnover for the quarter that ended in Jan. 2026 is

Asset Turnover
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=0/( (4.127+4.254)/ 2 )
=0/4.1905
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Noram Lithium Total Assets Related Terms

Noram Lithium Total Assets Historical Data

* Premium members only.

The historical data trend for Noram Lithium's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Noram Lithium Total Assets Chart

Noram Lithium Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.71 10.61 6.28 4.38 4.25

Noram Lithium Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.38 4.38 4.34 4.13 4.25

Noram Lithium Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Noram Lithium's Total Assets for the fiscal year that ended in Jan. 2026 is calculated as

Total Assets=Total Equity (A: Jan. 2026 )+Total Liabilities (A: Jan. 2026 )
=3.949+0.306
=4.26

Noram Lithium's Total Assets for the quarter that ended in Jan. 2026 is calculated as

Total Assets=Total Equity (Q: Jan. 2026 )+Total Liabilities (Q: Jan. 2026 )
=3.949+0.306
=4.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $4.25 Mil mean?
Noram Lithium (NRVTF) has a Total Assets of $4.25 Mil as of Jan. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Noram Lithium and its competitors.
Is Noram Lithium's Total Assets too high?
Noram Lithium's current Total Assets is $4.25 Mil.
How does Noram Lithium's Total Assets compare to competitors?
Noram Lithium's Total Assets of $4.25 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Noram Lithium and its competitors. Noram Lithium's current Total Assets is $4.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noram Lithium stock overvalued right now?
Noram Lithium (NRVTF) has a current Total Assets of $4.25 Mil. The current Total Assets is $4.25 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Noram Lithium (NRVTF), the current Total Assets is $4.25 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Noram Lithium Business Description

Other Exchanges N7R:GermanyNRM:Canada
Address 885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Noram Lithium Corp is a Canadian-based junior exploration and development company focused on advancing its Zeus Lithium Project (Zeus) to production in Nevada. The Company is engaged in acquiring, exploring, and developing mineral exploration properties, mainly in the state of Nevada, USA. The Company has property and equipment located in British Columbia, Canada, and mineral properties located in the state of Nevada, USA.