ULTHF (United Lithium) Total Assets : $8.94 Mil (As of Jan. 2025)

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What is United Lithium Total Assets?

United Lithium's Total Assets for the quarter that ended in Jan. 2025 was $8.94 Mil.

During the past 12 months, United Lithium's average Total Assets Growth Rate was 19.50% per year. During the past 3 years, the average Total Assets Growth Rate was 4.30% per year. During the past 5 years, the average Total Assets Growth Rate was 350.00% per year.

During the past 8 years, United Lithium's highest 3-Year average Total Assets Growth Rate was 844.20%. The lowest was -37.00%. And the median was 113.00%.

Total Assets is connected with ROA %. United Lithium's annualized ROA % for the quarter that ended in Jan. 2025 was -6.15%. Total Assets is also linked to Revenue through Asset Turnover. United Lithium's Asset Turnover for the quarter that ended in Jan. 2025 was 0.00.

United Lithium Total Assets Historical Data

The historical data trend for United 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.

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United Lithium Total Assets Chart

United Lithium Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Total Assets

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0.07

15.04

12.20

9.98

9.61

United Lithium Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Assets	Get a 7-Day Free Trial															8.98	10.11	9.61	9.53	8.94

United 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.

United Lithium's Total Assets for the fiscal year that ended in Jul. 2024 is calculated as

Total Assets	=	Total Equity (A: Jul. 2024 )	+	Total Liabilities (A: Jul. 2024 )
	=	9.38	+	0.231
	=	9.61

United Lithium's Total Assets for the quarter that ended in Jan. 2025 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2025 )	+	Total Liabilities (Q: Jan. 2025 )
	=	8.81	+	0.125
	=	8.94

United Lithium (OTCPK:ULTHF) Total Assets Explanation

Total Assets is connected with ROA %.

United Lithium's annualized ROA % for the quarter that ended in Jan. 2025 is

ROA %	=	Net Income (Q: Jan. 2025 )	/	( (Total Assets (Q: Oct. 2024 )	+	Total Assets (Q: Jan. 2025 ))	/ count )
	=	-0.568	/	( (9.526	+	8.935)	/ 2 )
	=	-0.568	/	9.2305
	=	-6.15 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) 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.

United Lithium's Asset Turnover for the quarter that ended in Jan. 2025 is

	Asset Turnover
=	Revenue (Q: Jan. 2025 )	/	( (Total Assets (Q: Oct. 2024 )	+	Total Assets (Q: Jan. 2025 ))	/ count )
=	0	/	( (9.526	+	8.935)	/ 2 )
=	0	/	9.2305
=	0.00

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.

United Lithium Total Assets Related Terms

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United Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » United Lithium Corp (OTCPK:ULTHF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

0UL:Germany ULTH:Canada

Address

1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.unitedlithiumcorp.com

United Lithium Corp is engaged in the acquisition and exploration of mineral properties. It holds an interest in the Bergby Lithium Project located in Sweden, the Liberty Lithium Project, Patriot Lithium Project and Freedom Lithium Project located in USA and the Kietyonmaki Lithium Project located in Finland.