Arizona Lithium Ltd (AZL) - Net Assets
Based on the latest financial reports, Arizona Lithium Ltd (AZL) has net assets worth AU$92.41 Million AUD (≈ $65.38 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$94.68 Million ≈ $66.99 Million USD) and total liabilities (AU$2.27 Million ≈ $1.61 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check AZL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$92.41 Million |
| % of Total Assets | 97.6% |
| Annual Growth Rate | 7.04% |
| 5-Year Change | 41745.99% |
| 10-Year Change | N/A |
| Growth Volatility | 5853.42 |
Arizona Lithium Ltd - Net Assets Trend (1990–2024)
This chart illustrates how Arizona Lithium Ltd's net assets have evolved over time, based on quarterly financial data. Also explore AZL current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Arizona Lithium Ltd (1990–2024)
The table below shows the annual net assets of Arizona Lithium Ltd from 1990 to 2024. For live valuation and market cap data, see Arizona Lithium Ltd (AZL) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$83.08 Million ≈ $58.79 Million |
+8.08% |
| 2023-06-30 | AU$76.87 Million ≈ $54.39 Million |
+79.53% |
| 2022-06-30 | AU$42.82 Million ≈ $30.30 Million |
+779.32% |
| 2021-06-30 | AU$4.87 Million ≈ $3.45 Million |
+2352.47% |
| 2020-06-30 | AU$198.54K ≈ $140.48K |
-91.29% |
| 2019-06-30 | AU$2.28 Million ≈ $1.61 Million |
+66.58% |
| 2018-06-30 | AU$1.37 Million ≈ $968.54K |
-21.94% |
| 2017-06-30 | AU$1.75 Million ≈ $1.24 Million |
+158.48% |
| 2016-06-30 | AU$-3.00 Million ≈ $-2.12 Million |
-56.05% |
| 2015-06-30 | AU$-1.92 Million ≈ $-1.36 Million |
-33.34% |
| 2014-06-30 | AU$-1.44 Million ≈ $-1.02 Million |
-83.69% |
| 2013-06-30 | AU$-784.57K ≈ $-555.13K |
-102.19% |
| 2012-06-30 | AU$35.80 Million ≈ $25.33 Million |
-7.09% |
| 2011-06-30 | AU$38.54 Million ≈ $27.27 Million |
+3344.00% |
| 2010-06-30 | AU$1.12 Million ≈ $791.70K |
+317.29% |
| 2009-06-30 | AU$-514.94K ≈ $-364.36K |
-121.30% |
| 2008-06-30 | AU$2.42 Million ≈ $1.71 Million |
+87.18% |
| 2007-06-30 | AU$1.29 Million ≈ $914.04K |
-61.72% |
| 2006-06-30 | AU$3.37 Million ≈ $2.39 Million |
+62.46% |
| 2005-06-30 | AU$2.08 Million ≈ $1.47 Million |
+33.59% |
| 2004-06-30 | AU$1.55 Million ≈ $1.10 Million |
-35.30% |
| 2003-06-30 | AU$2.40 Million ≈ $1.70 Million |
+31.41% |
| 2002-06-30 | AU$1.83 Million ≈ $1.29 Million |
-20.18% |
| 2001-06-30 | AU$2.29 Million ≈ $1.62 Million |
-4.67% |
| 2000-06-30 | AU$2.40 Million ≈ $1.70 Million |
+98.74% |
| 1999-06-30 | AU$1.21 Million ≈ $855.63K |
+32.08% |
| 1998-06-30 | AU$915.58K ≈ $647.83K |
+32048.03% |
| 1997-06-30 | AU$2.85K ≈ $2.02K |
-99.82% |
| 1996-06-30 | AU$1.57 Million ≈ $1.11 Million |
-77.27% |
| 1995-06-30 | AU$6.92 Million ≈ $4.90 Million |
+42.50% |
| 1994-06-30 | AU$4.86 Million ≈ $3.44 Million |
+77.66% |
| 1993-06-30 | AU$2.73 Million ≈ $1.94 Million |
-51.88% |
| 1992-06-30 | AU$5.68 Million ≈ $4.02 Million |
-15.66% |
| 1991-06-30 | AU$6.74 Million ≈ $4.77 Million |
-18.15% |
| 1990-06-30 | AU$8.23 Million ≈ $5.83 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Arizona Lithium Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 8248123900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$173.58 Million | 208.93% |
| Other Comprehensive Income | AU$31.00 Million | 37.31% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$83.08 Million | 100.00% |
Arizona Lithium Ltd Competitors by Market Cap
The table below lists competitors of Arizona Lithium Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MERUS POWER OYJ EO 1
F:99H
|
$34.28 Million |
|
Itama Ranoraya
JK:IRRA
|
$34.28 Million |
|
PermRock Royalty Trust
NYSE:PRT
|
$34.31 Million |
|
Oil Country Tubular Limited
NSE:OILCOUNTUB
|
$34.33 Million |
|
DCM Nouvelle Limited
NSE:DCMNVL
|
$34.25 Million |
|
Level Biotechnology
TWO:3118
|
$34.25 Million |
|
CervoMed Inc.
NASDAQ:CRVO
|
$34.24 Million |
|
AKKO Invest Nyrt
BUD:AKKO
|
$34.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arizona Lithium Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 76,868,520 to 83,082,700, a change of 6,214,180 (8.1%).
- Net loss of 22,817,000 reduced equity.
- Share repurchases of 1,327,538 reduced equity.
- New share issuances of 26,666,669 increased equity.
- Other comprehensive income increased equity by 7,478,133.
- Other factors decreased equity by 3,786,084.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-22.82 Million | -27.46% |
| Share Repurchases | AU$1.33 Million | -1.6% |
| Share Issuances | AU$26.67 Million | +32.1% |
| Other Comprehensive Income | AU$7.48 Million | +9.0% |
| Other Changes | AU$-3.79 Million | -4.56% |
| Total Change | AU$- | 8.08% |
Book Value vs Market Value Analysis
This analysis compares Arizona Lithium Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.38x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.00x to 0.38x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-06-30 | AU$3234.92 | AU$0.01 | x |
| 1991-06-30 | AU$2148.08 | AU$0.01 | x |
| 1992-06-30 | AU$2308.04 | AU$0.01 | x |
| 1993-06-30 | AU$1079.52 | AU$0.01 | x |
| 1994-06-30 | AU$765.67 | AU$0.01 | x |
| 1995-06-30 | AU$2708.52 | AU$0.01 | x |
| 1996-06-30 | AU$1442.71 | AU$0.01 | x |
| 1997-06-30 | AU$1800.51 | AU$0.01 | x |
| 1998-06-30 | AU$756.67 | AU$0.01 | x |
| 1999-06-30 | AU$947.70 | AU$0.01 | x |
| 2000-06-30 | AU$998.46 | AU$0.01 | x |
| 2001-06-30 | AU$749.98 | AU$0.01 | x |
| 2002-06-30 | AU$545.90 | AU$0.01 | x |
| 2003-06-30 | AU$350.56 | AU$0.01 | x |
| 2004-06-30 | AU$102.01 | AU$0.01 | x |
| 2005-06-30 | AU$93.23 | AU$0.01 | x |
| 2006-06-30 | AU$54.03 | AU$0.01 | x |
| 2007-06-30 | AU$14.51 | AU$0.01 | x |
| 2008-06-30 | AU$14.73 | AU$0.01 | x |
| 2009-06-30 | AU$-2.77 | AU$0.01 | x |
| 2010-06-30 | AU$0.96 | AU$0.01 | x |
| 2011-06-30 | AU$7.94 | AU$0.01 | x |
| 2012-06-30 | AU$7.39 | AU$0.01 | x |
| 2013-06-30 | AU$-0.15 | AU$0.01 | x |
| 2014-06-30 | AU$-0.24 | AU$0.01 | x |
| 2015-06-30 | AU$-0.31 | AU$0.01 | x |
| 2016-06-30 | AU$-0.49 | AU$0.01 | x |
| 2017-06-30 | AU$0.02 | AU$0.01 | x |
| 2018-06-30 | AU$0.00 | AU$0.01 | x |
| 2019-06-30 | AU$0.00 | AU$0.01 | x |
| 2020-06-30 | AU$0.00 | AU$0.01 | x |
| 2021-06-30 | AU$0.00 | AU$0.01 | x |
| 2022-06-30 | AU$0.02 | AU$0.01 | x |
| 2023-06-30 | AU$0.03 | AU$0.01 | x |
| 2024-06-30 | AU$0.02 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arizona Lithium Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -27.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1326.57%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.09x
- Recent ROE (-27.46%) is above the historical average (-3744.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 172.39% | 0.00% | 0.00x | 2.72x | AU$5.75 Million |
| 1991 | 64.81% | 0.00% | 0.00x | 3.09x | AU$1.29 Million |
| 1992 | -46.97% | 0.00% | 0.00x | 2.54x | AU$-1.44 Million |
| 1993 | 122.27% | 0.00% | 0.00x | 2.85x | AU$1.33 Million |
| 1994 | -89.56% | 0.00% | 0.00x | 6.07x | AU$-839.30K |
| 1995 | 6.39% | 0.00% | 0.00x | 2.28x | AU$-111.50K |
| 1996 | 14.29% | 0.00% | 0.00x | 1.01x | AU$67.60K |
| 1999 | -120541.01% | 0.00% | 0.00x | 1.14x | AU$-1.46 Billion |
| 2000 | -39.95% | 0.00% | 0.00x | 1.10x | AU$-1.20 Million |
| 2001 | -67.78% | 0.00% | 0.00x | 1.12x | AU$-1.78 Million |
| 2002 | -56.10% | -73.18% | 0.67x | 1.14x | AU$-1.21 Million |
| 2003 | -70.45% | -117.33% | 0.48x | 1.26x | AU$-1.93 Million |
| 2004 | -137.45% | -112.06% | 0.92x | 1.33x | AU$-2.29 Million |
| 2005 | -88.39% | -135.60% | 0.53x | 1.24x | AU$-2.04 Million |
| 2006 | -25.20% | -44.29% | 0.46x | 1.24x | AU$-1.09 Million |
| 2007 | -164.73% | -497.70% | 0.24x | 1.35x | AU$-2.26 Million |
| 2008 | -84.62% | -78.39% | 0.84x | 1.29x | AU$-2.29 Million |
| 2009 | 0.00% | -179.83% | 1.85x | 0.00x | AU$-2.88 Million |
| 2010 | -84.37% | -302.29% | 0.26x | 1.08x | AU$-1.06 Million |
| 2011 | -5.99% | 0.00% | 0.00x | 1.01x | AU$-6.16 Million |
| 2012 | -12.36% | 0.00% | 0.00x | 1.43x | AU$-8.01 Million |
| 2013 | 0.00% | -23239.68% | 0.04x | 0.00x | AU$-35.03 Million |
| 2014 | 0.00% | -21193.07% | 0.00x | 0.00x | AU$-1.10 Million |
| 2015 | 0.00% | -111358.14% | 0.00x | 0.00x | AU$-416.97K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-473.14K |
| 2017 | 82.75% | 27590.80% | 0.00x | 1.03x | AU$1.28 Million |
| 2018 | -91.68% | -77421.34% | 0.00x | 1.12x | AU$-1.39 Million |
| 2019 | -553.50% | -121007.32% | 0.00x | 1.08x | AU$-12.85 Million |
| 2020 | -1757.89% | -97764.43% | 0.01x | 3.09x | AU$-3.51 Million |
| 2021 | -70.97% | -141635.78% | 0.00x | 1.11x | AU$-3.94 Million |
| 2022 | -9.88% | -14837.29% | 0.00x | 1.03x | AU$-8.51 Million |
| 2023 | -18.68% | -350036.56% | 0.00x | 1.06x | AU$-22.05 Million |
| 2024 | -27.46% | -1326.57% | 0.02x | 1.09x | AU$-31.13 Million |
Industry Comparison
This section compares Arizona Lithium Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $10,806,938
- Average return on equity (ROE) among peers: -44.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arizona Lithium Ltd (AZL) | AU$92.41 Million | 172.39% | 0.02x | $34.26 Million |
| Morella Corporation Ltd (1MC) | $5.37 Million | -12.67% | 0.90x | $8.08 Million |
| Amaero Ltd (3DA) | $54.23 Million | -45.05% | 0.68x | $232.53 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $151.29 Million |
| Atlantic Lithium Ltd (A11) | $805.39K | -301.13% | 1.62x | $159.26 Million |
| African Gold Ltd (A1G) | $10.30 Million | -17.56% | 0.09x | $419.02 Million |
| Albright Metals Ltd (ABR) | $11.82 Million | -15.47% | 0.06x | $4.20 Million |
| Audalia Resources Ltd (ACP) | $3.12 Million | -36.11% | 3.67x | $14.72 Million |
| Accent Resources NL (ACS) | $13.16 Million | -6.74% | 0.05x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $2.97 Million |
| Andromeda Metals Ltd (ADN) | $20.02 Million | -4.90% | 0.04x | $29.44 Million |
About Arizona Lithium Ltd
Prairie Lithium Limited operates as a mineral exploration company in the United States and Canada. It owns 100% interest in the Big Sandy Lithium project that comprises 331 bureau of land management (BLM) claims covering an area of approximately 25 square kilometers located in Arizona, the United States; the Pairie Lithium project located in the southeast Saskatchewan; and the Lordsburg Lithium p… Read more