Loyal Lithium Ltd.
Loyal Lithium Limited engages in the exploration and evaluation of mineral properties. The company holds interests in the Trieste lithium project covering an area of approximately 250 km2 located in James Bay Lithium District, Canada; the Hidden Lake lithium project situated on the east of Yellowknife, the capital of the Northwest Territories, Canada; and the Scotty lithium project located in Nev… Read more
Loyal Lithium Ltd. (LLI) - Net Assets
Latest net assets as of December 2024: AU$19.39 Million AUD
Based on the latest financial reports, Loyal Lithium Ltd. (LLI) has net assets worth AU$19.39 Million AUD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$19.91 Million) and total liabilities (AU$522.00K). 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$19.39 Million |
| % of Total Assets | 97.38% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 73.52 |
Loyal Lithium Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Loyal Lithium 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 Loyal Lithium Ltd. (2020–2024)
The table below shows the annual net assets of Loyal Lithium Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$19.39 Million | -24.74% |
| 2023-12-31 | AU$25.77 Million | +117.66% |
| 2022-12-31 | AU$11.84 Million | +141.91% |
| 2021-12-31 | AU$4.89 Million | +6574.54% |
| 2020-12-31 | AU$-75.58K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Loyal 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 2049842300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$34.15 Million | 176.14% |
| Other Comprehensive Income | AU$5.81 Million | 29.97% |
| Total Equity | AU$19.39 Million | 100.00% |
Loyal Lithium Ltd. Competitors by Market Cap
The table below lists competitors of Loyal Lithium Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ennogie Solar Group A/S
CO:ESG
|
$8.99 Million |
|
Nortech Systems Incorporated
NASDAQ:NSYS
|
$8.99 Million |
|
SPENN Technology A/S
PINK:SPNNF
|
$8.99 Million |
|
Soltec Power Holdings S.A
MC:SOL
|
$9.00 Million |
|
Power Minerals Ltd
AU:PNN
|
$8.99 Million |
|
iFabric Corp
OTCQX:IFABF
|
$8.98 Million |
|
Ka Shui International Holdings Limited
F:MI8
|
$8.98 Million |
|
MYMBN Berhad
KLSE:0280
|
$8.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Loyal Lithium Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,765,000 to 19,390,000, a change of -6,375,000 (-24.7%).
- Net loss of 11,407,000 reduced equity.
- Share repurchases of 249,000 reduced equity.
- New share issuances of 3,340,000 increased equity.
- Other comprehensive income increased equity by 1,001,000.
- Other factors increased equity by 940,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-11.41 Million | -58.83% |
| Share Repurchases | AU$249.00K | -1.28% |
| Share Issuances | AU$3.34 Million | +17.23% |
| Other Comprehensive Income | AU$1.00 Million | +5.16% |
| Other Changes | AU$940.00K | +4.85% |
| Total Change | AU$- | -24.74% |
Book Value vs Market Value Analysis
This analysis compares Loyal 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: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | AU$0.00 | AU$0.19 | x |
| 2021-12-31 | AU$0.17 | AU$0.19 | x |
| 2022-12-31 | AU$0.34 | AU$0.19 | x |
| 2023-12-31 | AU$0.34 | AU$0.19 | x |
| 2024-12-31 | AU$0.18 | AU$0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Loyal Lithium Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -58.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2124.21%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.03x
- Recent ROE (-58.83%) is below the historical average (-26.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-68.02K |
| 2021 | -22.22% | -184293.90% | 0.00x | 1.01x | AU$-1.58 Million |
| 2022 | -36.43% | -5771.19% | 0.01x | 1.12x | AU$-5.15 Million |
| 2023 | -15.39% | -6292.06% | 0.00x | 1.04x | AU$-6.54 Million |
| 2024 | -58.83% | -2124.21% | 0.03x | 1.03x | AU$-13.35 Million |
Industry Comparison
This section compares Loyal 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: $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 |
|---|---|---|---|---|
| Loyal Lithium Ltd. (LLI) | AU$19.39 Million | 0.00% | 0.03x | $8.99 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 |