Lithium South Development Corp (LIS) — Net Asset Quality Index
Lithium South Development Corp (LIS) has a Net Asset Quality Index of 90.5% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$12.61 Million minus total liabilities of CA$1.20 Million yields net assets of CA$11.41 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read Lithium South Development Corp balance sheet liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Lithium South Development Corp Net Asset Quality Index Over Time (2016–2024)
This chart shows how Lithium South Development Corp's Net Asset Quality Index has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the index stands at 90.5%, representing net assets of CA$11.41 Million against total assets of CA$12.61 Million CAD. For live market cap and overall valuation, see Lithium South Development Corp market cap and net worth.
Annual Net Asset Quality Index for Lithium South Development Corp (2016–2024)
The table below presents the year-by-year Net Asset Quality Index for Lithium South Development Corp from 2016 to 2024, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check LIS PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.1% | CA$11.92 Million | CA$12.94 Million | CA$1.02 Million | ▼ -3.6 pp |
| 2023 | 95.7% | CA$13.49 Million | CA$14.10 Million | CA$602.11K | ▼ -2.6 pp |
| 2022 | 98.4% | CA$20.89 Million | CA$21.23 Million | CA$346.08K | ▼ -1.4 pp |
| 2021 | 99.8% | CA$25.51 Million | CA$25.57 Million | CA$62.98K | ▲ +27.2 pp |
| 2020 | 72.5% | CA$3.79 Million | CA$5.22 Million | CA$1.43 Million | ▲ +48.0 pp |
| 2019 | 24.5% | CA$776.30K | CA$3.17 Million | CA$2.39 Million | ▼ -47.3 pp |
| 2018 | 71.8% | CA$1.41 Million | CA$1.97 Million | CA$555.05K | ▼ -19.7 pp |
| 2017 | 91.5% | CA$5.90 Million | CA$6.45 Million | CA$550.12K | ▲ +15.4 pp |
| 2016 | 76.0% | CA$1.58 Million | CA$2.08 Million | CA$498.34K | — |