Piedmont Lithium Inc (PLL) - Net Assets

Latest as of June 2025: AU$277.65 Million AUD ≈ $196.45 Million USD

Based on the latest financial reports, Piedmont Lithium Inc (PLL) has net assets worth AU$277.65 Million AUD (≈ $196.45 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$318.55 Million ≈ $225.39 Million USD) and total liabilities (AU$40.90 Million ≈ $28.94 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 Piedmont Lithium Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$277.65 Million
% of Total Assets 87.16%
Annual Growth Rate 8.64%
5-Year Change 65.32%
10-Year Change 21384.62%
Growth Volatility 163.46

Piedmont Lithium Inc - Net Assets Trend (1988–2024)

This chart illustrates how Piedmont Lithium Inc's net assets have evolved over time, based on quarterly financial data. Also explore Piedmont Lithium Inc balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Piedmont Lithium Inc (1988–2024)

The table below shows the annual net assets of Piedmont Lithium Inc from 1988 to 2024. For live valuation and market cap data, see Piedmont Lithium Inc market capitalisation.

Year Net Assets Change
2024-12-31 AU$298.25 Million
≈ $211.03 Million		 -10.26%
2023-12-31 AU$332.33 Million
≈ $235.14 Million		 +22.95%
2022-12-31 AU$270.29 Million
≈ $191.25 Million		 +67.07%
2021-12-31 AU$161.78 Million
≈ $114.47 Million		 -10.32%
2020-12-31 AU$180.41 Million
≈ $127.65 Million		 +650.60%
2019-12-31 AU$24.04 Million
≈ $17.01 Million		 +418.11%
2018-12-31 AU$4.64 Million
≈ $3.28 Million		 -23.54%
2017-12-31 AU$6.07 Million
≈ $4.29 Million		 +85.81%
2016-12-31 AU$3.27 Million
≈ $2.31 Million		 +135.23%
2015-12-31 AU$1.39 Million
≈ $982.23K		 -22.73%
2014-12-31 AU$1.80 Million
≈ $1.27 Million		 -44.76%
2013-12-31 AU$3.25 Million
≈ $2.30 Million		 -44.77%
2012-12-31 AU$5.89 Million
≈ $4.17 Million		 -36.18%
2011-12-31 AU$9.23 Million
≈ $6.53 Million		 -21.05%
2010-12-31 AU$11.69 Million
≈ $8.27 Million		 -2.32%
2009-12-31 AU$11.96 Million
≈ $8.46 Million		 +33.66%
2008-12-31 AU$8.95 Million
≈ $6.33 Million		 -42.73%
2007-12-31 AU$15.63 Million
≈ $11.06 Million		 +23.22%
2006-12-31 AU$12.68 Million
≈ $8.97 Million		 +518.82%
2005-12-31 AU$2.05 Million
≈ $1.45 Million		 +101.19%
2004-12-31 AU$1.02 Million
≈ $720.79K		 +154.17%
2003-12-31 AU$-1.88 Million
≈ $-1.33 Million		 -159.17%
2002-12-31 AU$3.18 Million
≈ $2.25 Million		 -54.26%
2001-12-31 AU$6.95 Million
≈ $4.92 Million		 -36.84%
2000-12-31 AU$11.00 Million
≈ $7.78 Million		 -14.37%
1999-12-31 AU$12.85 Million
≈ $9.09 Million		 +248.46%
1998-12-31 AU$3.69 Million
≈ $2.61 Million		 -74.60%
1997-12-31 AU$14.52 Million
≈ $10.27 Million		 -35.11%
1996-12-31 AU$22.37 Million
≈ $15.83 Million		 -11.84%
1995-12-31 AU$25.37 Million
≈ $17.95 Million		 +40.98%
1994-12-31 AU$18.00 Million
≈ $12.73 Million		 -9.37%
1993-12-31 AU$19.86 Million
≈ $14.05 Million		 +24.28%
1992-12-31 AU$15.98 Million
≈ $11.31 Million		 -13.94%
1991-12-31 AU$18.57 Million
≈ $13.14 Million		 +4.38%
1990-12-31 AU$17.79 Million
≈ $12.59 Million		 +2.28%
1989-12-31 AU$17.39 Million
≈ $12.31 Million		 +15.32%
1988-12-31 AU$15.08 Million
≈ $10.67 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Piedmont Lithium Inc'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 8998.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$2.00K 0.00%
Other Components AU$489.85 Million 164.24%
Total Equity AU$298.25 Million 100.00%

Piedmont Lithium Inc Competitors by Market Cap

The table below lists competitors of Piedmont Lithium Inc ranked by their market capitalization.

Company Market Cap
Security National Financial
NASDAQ:SNFCA
 $217.49 Million
Medical Facilities Corporation
TO:DR
 $217.50 Million
S H Kelkar and Company Limited
NSE:SHK
 $217.54 Million
KNJ Co. Ltd
KQ:272110
 $217.68 Million
Korea Asset In Trust Co Ltd
KO:123890
 $217.27 Million
Trisul S.A
SA:TRIS3
 $217.18 Million
Yg Plus Inc
KO:037270
 $217.08 Million
Yungjin Pharm Co Ltd
KO:003520
 $217.03 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Piedmont Lithium Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 332,330,000 to 298,247,000, a change of -34,083,000 (-10.3%).
  • Net loss of 64,761,000 reduced equity.
  • Share repurchases of 24,554,000 reduced equity.
  • New share issuances of 24,554,000 increased equity.
  • Other comprehensive income increased equity by 3,727,000.
  • Other factors increased equity by 26,951,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-64.76 Million -21.71%
Share Repurchases AU$24.55 Million -8.23%
Share Issuances AU$24.55 Million +8.23%
Other Comprehensive Income AU$3.73 Million +1.25%
Other Changes AU$26.95 Million +9.04%
Total Change AU$- -10.26%

Book Value vs Market Value Analysis

This analysis compares Piedmont Lithium Inc'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: 0.01x
  • 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 1.52x to 0.01x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1988-12-31 AU$0.09 AU$0.14 x
1989-12-31 AU$0.11 AU$0.14 x
1990-12-31 AU$0.11 AU$0.14 x
1991-12-31 AU$0.10 AU$0.14 x
1992-12-31 AU$0.09 AU$0.14 x
1993-12-31 AU$0.10 AU$0.14 x
1994-12-31 AU$0.10 AU$0.14 x
1995-12-31 AU$0.15 AU$0.14 x
1996-12-31 AU$0.21 AU$0.14 x
1997-12-31 AU$0.14 AU$0.14 x
1998-12-31 AU$0.16 AU$0.14 x
1999-12-31 AU$0.09 AU$0.14 x
2000-12-31 AU$0.08 AU$0.14 x
2001-12-31 AU$0.06 AU$0.14 x
2002-12-31 AU$0.03 AU$0.14 x
2003-12-31 AU$-0.02 AU$0.14 x
2004-12-31 AU$0.00 AU$0.14 x
2005-12-31 AU$0.01 AU$0.14 x
2006-12-31 AU$0.07 AU$0.14 x
2007-12-31 AU$0.07 AU$0.14 x
2008-12-31 AU$0.04 AU$0.14 x
2009-12-31 AU$0.03 AU$0.14 x
2010-12-31 AU$0.03 AU$0.14 x
2011-12-31 AU$0.02 AU$0.14 x
2012-12-31 AU$0.01 AU$0.14 x
2013-12-31 AU$0.01 AU$0.14 x
2014-12-31 AU$0.00 AU$0.14 x
2015-12-31 AU$0.00 AU$0.14 x
2016-12-31 AU$0.01 AU$0.14 x
2017-12-31 AU$0.01 AU$0.14 x
2018-12-31 AU$0.01 AU$0.14 x
2019-12-31 AU$0.02 AU$0.14 x
2020-12-31 AU$0.13 AU$0.14 x
2021-12-31 AU$0.11 AU$0.14 x
2022-12-31 AU$0.15 AU$0.14 x
2023-12-31 AU$0.17 AU$0.14 x
2024-12-31 AU$13.67 AU$0.14 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Piedmont Lithium Inc 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): -21.71%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -64.84%
  • • Asset Turnover: 0.29x
  • • Equity Multiplier: 1.17x
  • Recent ROE (-21.71%) is above the historical average (-21.99%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1988 22.57% 5.73% 1.83x 2.15x AU$1.50 Million
1989 17.85% 4.82% 1.86x 1.99x AU$1.10 Million
1990 7.50% 2.04% 1.86x 1.98x AU$-342.04K
1991 6.09% 1.61% 1.81x 2.08x AU$-524.17K
1992 5.82% 1.46% 1.94x 2.07x AU$-500.87K
1993 11.31% 2.43% 1.95x 2.39x AU$177.34K
1994 6.67% 1.28% 2.12x 2.46x AU$-435.28K
1995 4.91% 1.13% 2.01x 2.16x AU$-1.01 Million
1996 2.37% 0.72% 1.66x 1.99x AU$-1.37 Million
1997 3.89% 0.80% 2.03x 2.39x AU$-668.35K
1998 5.09% 0.73% 3.42x 2.05x AU$-499.93K
1999 10.11% 1.47% 2.06x 3.33x AU$10.57K
2000 9.33% 1.51% 2.21x 2.81x AU$-55.88K
2001 -31.46% -5.36% 3.59x 1.64x AU$-2.88 Million
2002 -161.65% -18.36% 3.09x 2.85x AU$-5.46 Million
2003 0.00% -25.80% 70.70x 0.00x AU$-4.99 Million
2004 148.95% 30347.39% 0.00x 1.00x AU$1.42 Million
2005 -15.50% -61.06% 0.25x 1.01x AU$-522.55K
2006 -17.11% -1356.59% 0.01x 1.03x AU$-3.44 Million
2007 -28.59% -278.51% 0.10x 1.04x AU$-6.03 Million
2008 -33.20% -410.49% 0.08x 1.02x AU$-3.87 Million
2009 -6.25% -228.80% 0.03x 1.01x AU$-1.94 Million
2010 -21.42% -439.93% 0.05x 1.02x AU$-3.67 Million
2011 -21.79% -379.36% 0.06x 1.02x AU$-2.93 Million
2012 -44.08% -750.08% 0.06x 1.05x AU$-3.18 Million
2013 -87.75% -1494.26% 0.05x 1.09x AU$-3.18 Million
2014 -50.28% -1779.90% 0.03x 1.02x AU$-1.08 Million
2015 -20.66% -742.85% 0.03x 1.03x AU$-425.57K
2016 -82.33% -7920.54% 0.01x 1.15x AU$-3.01 Million
2017 -160.20% -7322.03% 0.02x 1.33x AU$-10.33 Million
2018 -208.70% -7541.52% 0.02x 1.46x AU$-10.15 Million
2019 -24.46% -2727.51% 0.01x 1.15x AU$-8.28 Million
2020 -5.44% 0.00% 0.00x 1.04x AU$-27.86 Million
2021 -21.98% 0.00% 0.00x 1.05x AU$-51.74 Million
2022 -4.80% -27.53% 0.16x 1.07x AU$-40.00 Million
2023 -6.55% -54.69% 0.10x 1.15x AU$-55.01 Million
2024 -21.71% -64.84% 0.29x 1.17x AU$-94.59 Million

Industry Comparison

This section compares Piedmont Lithium Inc'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
Piedmont Lithium Inc (PLL) AU$277.65 Million 22.57% 0.15x $217.40 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 Piedmont Lithium Inc

AU:PLL Australia Other Industrial Metals & Mining
Market Cap
$217.40 Million
AU$307.25 Million AUD
Market Cap Rank
#16237 Global
#460 in Australia
Share Price
AU$0.14
Change (1 day)
+0.00%
52-Week Range
AU$0.08 - AU$0.15
All Time High
AU$1.09
Categories
Companies in Australia Other Industrial Metals & Mining
About

Piedmont Lithium Inc., a development stage company, engages in the exploration and development of resource projects in the United States. The company primarily holds a 100% interest in the Carolina Lithium Project that include an area of approximately 3,482 acres located within the Carolina Tin-Spodumene Belt situated to the northwest of Charlotte, North Carolina in the United States. It also own… Read more