Global Lithium Resources Ltd
Global Lithium Resources Limited engages in the evaluation, exploration, and development of lithium resources in Australia. The company primarily holds 100% interests in the Manna lithium project located in the Goldfields region, Western Australia; and the Marble Bar lithium project situated in the Pilbara region, Western Australia. Global Lithium Resources Limited was incorporated in 2018 and is… Read more
Global Lithium Resources Ltd (GL1) - Net Assets
Latest net assets as of June 2025: AU$168.07 Million AUD
Based on the latest financial reports, Global Lithium Resources Ltd (GL1) has net assets worth AU$168.07 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$169.26 Million) and total liabilities (AU$1.19 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$168.07 Million |
| % of Total Assets | 99.3% |
| Annual Growth Rate | 104.77% |
| 5-Year Change | 1230.28% |
| 10-Year Change | N/A |
| Growth Volatility | 129.12 |
Global Lithium Resources Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Global Lithium Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global Lithium Resources Ltd (2018–2024)
The table below shows the annual net assets of Global Lithium Resources Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$168.07 Million | +1.07% |
| 2023-12-31 | AU$166.28 Million | -3.00% |
| 2022-12-31 | AU$171.43 Million | +195.32% |
| 2021-12-31 | AU$58.05 Million | +359.47% |
| 2020-12-31 | AU$12.63 Million | +212.01% |
| 2019-12-31 | AU$4.05 Million | +77.82% |
| 2018-12-31 | AU$2.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Lithium Resources 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 1572781700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$180.47 Million | 107.38% |
| Other Comprehensive Income | AU$3.34 Million | 1.99% |
| Other Components | AU$714.00 | 0.00% |
| Total Equity | AU$168.07 Million | 100.00% |
Global Lithium Resources Ltd Competitors by Market Cap
The table below lists competitors of Global Lithium Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zevia Pbc
NYSE:ZVIA
|
$46.55 Million |
|
Mayfair Gold Corp
OTCQX:MFGCF
|
$46.56 Million |
|
Thunderbird Entertainment Group Inc
OTCQX:THBRF
|
$46.56 Million |
|
EURO PRATIK SALES LIMITED
NSE:EUROPRATIK
|
$46.56 Million |
|
Ko Ja Cayman Co Ltd
TW:5215
|
$46.53 Million |
|
Gezinomi Seyahat Turizm Ticaret AS
IS:GZNMI
|
$46.52 Million |
|
Flerie
ST:FLERIE
|
$46.51 Million |
|
Prebet Aiud SA
RO:PREB
|
$46.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Lithium Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 166,278,971 to 168,066,000, a change of 1,787,029 (1.1%).
- Net loss of 3,846,144 reduced equity.
- Other comprehensive income increased equity by 2,639,351.
- Other factors increased equity by 2,993,822.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.85 Million | -2.29% |
| Other Comprehensive Income | AU$2.64 Million | +1.57% |
| Other Changes | AU$2.99 Million | +1.78% |
| Total Change | AU$- | 1.07% |
Book Value vs Market Value Analysis
This analysis compares Global Lithium Resources 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: 0.81x
- 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 decreased from 30.10x to 0.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | AU$0.02 | AU$0.52 | x |
| 2019-12-31 | AU$0.03 | AU$0.52 | x |
| 2020-12-31 | AU$0.10 | AU$0.52 | x |
| 2021-12-31 | AU$0.35 | AU$0.52 | x |
| 2022-12-31 | AU$0.72 | AU$0.52 | x |
| 2023-12-31 | AU$0.64 | AU$0.52 | x |
| 2024-12-31 | AU$0.64 | AU$0.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Lithium Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -438.02%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.01x
- Recent ROE (-2.29%) is above the historical average (-3.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -0.43% | 0.00% | 0.00x | 1.32x | AU$-237.54K |
| 2019 | -0.17% | -68.76% | 0.00x | 1.01x | AU$-411.61K |
| 2020 | -9.70% | -322362.63% | 0.00x | 1.06x | AU$-2.49 Million |
| 2021 | -7.33% | -9838.52% | 0.00x | 1.07x | AU$-10.06 Million |
| 2022 | -2.56% | -3225.27% | 0.00x | 1.03x | AU$-21.53 Million |
| 2023 | -2.63% | -742.03% | 0.00x | 1.02x | AU$-21.00 Million |
| 2024 | -2.29% | -438.02% | 0.01x | 1.01x | AU$-20.65 Million |
Industry Comparison
This section compares Global Lithium Resources 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: $2,995,611
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Lithium Resources Ltd (GL1) | AU$168.07 Million | -0.43% | 0.01x | $46.54 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.10K |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $2.93 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $24.91 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $71.83 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $170.41 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | 0.47% | 0.11x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |
| Admiralty Resources NL (ADY) | $10.81 Million | -14.31% | 1.16x | $5.70 Million |