Nova Lithium Corp.
CCSE:NVLIShare Statistics
As of March 31, 2026, Nova Lithium Corp. has 47.93M shares outstanding.
| Shares Outstanding | 47.93M |
Financial Position
As of March 31, 2026, Nova Lithium Corp. maintains a current ratio of 0.43, meaning it holds 0.4x the short-term assets needed to cover near-term liabilities.
| Current Ratio | 0.43 |
| Quick Ratio | 0.31 |
| Debt / Equity | 3.42 |
| Debt / EBITDA | -0.24 |
Financial Efficiency
Over the twelve months ended March 31, 2026, Nova Lithium Corp. posted a negative return on equity (ROE) of -3.31, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -3.03, reflecting losses generated across the asset base. Return on capital employed (ROCE) is negative at -131.27, pointing to unprofitable operations over the period.
| Return on Equity (ROE) | -3.31 |
| Return on Assets (ROA) | -3.03 |
| Return on Capital Employed (ROCE) | -131.27 |
Scores
As of March 31, 2026, Nova Lithium Corp. has an Altman Z-Score of -2.42, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | -2.42 |