NEVADA LITHIUM RESOURCES (87K) - Net Assets
Based on the latest financial reports, NEVADA LITHIUM RESOURCES (87K) has net assets worth €43.11 Million EUR (≈ $50.40 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€43.32 Million ≈ $50.65 Million USD) and total liabilities (€216.98K ≈ $253.67K 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. Read 87K current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €43.11 Million |
| % of Total Assets | 99.5% |
| Annual Growth Rate | 72.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 208.81 |
NEVADA LITHIUM RESOURCES - Net Assets Trend (2022–2025)
This chart illustrates how NEVADA LITHIUM RESOURCES's net assets have evolved over time, based on quarterly financial data. Also explore NEVADA LITHIUM RESOURCES (87K) total assets for the complete picture of this company's asset base.
Annual Net Assets for NEVADA LITHIUM RESOURCES (2022–2025)
The table below shows the annual net assets of NEVADA LITHIUM RESOURCES from 2022 to 2025. For live valuation and market cap data, see 87K market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | €43.56 Million ≈ $50.93 Million |
+9.35% |
| 2024-04-30 | €39.84 Million ≈ $46.57 Million |
+440.42% |
| 2023-04-30 | €7.37 Million ≈ $8.62 Million |
-13.52% |
| 2022-04-30 | €8.52 Million ≈ $9.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NEVADA LITHIUM RESOURCES'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 581429600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €51.81 Million | 118.94% |
| Total Equity | €43.56 Million | 100.00% |
NEVADA LITHIUM RESOURCES Competitors by Market Cap
The table below lists competitors of NEVADA LITHIUM RESOURCES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Texchem Resources Bhd
KLSE:8702
|
$22.78 Million |
|
Compugates Holdings Bhd
KLSE:5037
|
$22.79 Million |
|
HiTi Digital Inc
TW:3494
|
$22.79 Million |
|
Airan Limited
NSE:AIRAN
|
$22.80 Million |
|
Oversea Enterprise Bhd
KLSE:0153
|
$22.78 Million |
|
Fiplasto SA
BA:FIPL
|
$22.76 Million |
|
Automobile &Pc
KO:015260
|
$22.75 Million |
|
JV SPAC Acquisition Corp. Class A Ordinary Share
NASDAQ:JVSA
|
$22.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEVADA LITHIUM RESOURCES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 39,836,720 to 43,561,517, a change of 3,724,797 (9.4%).
- Net loss of 2,282,999 reduced equity.
- New share issuances of 6,000,001 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.28 Million | -5.24% |
| Share Issuances | €6.00 Million | +13.77% |
| Other Changes | €7.79K | +0.02% |
| Total Change | €- | 9.35% |
Book Value vs Market Value Analysis
This analysis compares NEVADA LITHIUM RESOURCES'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: 0.47x
- 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 0.57x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-04-30 | €0.14 | €0.08 | x |
| 2023-04-30 | €0.12 | €0.08 | x |
| 2024-04-30 | €0.19 | €0.08 | x |
| 2025-04-30 | €0.17 | €0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEVADA LITHIUM RESOURCES 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): -5.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-5.24%) is above the historical average (-13.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -26.95% | 0.00% | 0.00x | 1.03x | €-3.15 Million |
| 2023 | -15.63% | 0.00% | 0.00x | 1.84x | €-1.89 Million |
| 2024 | -6.01% | 0.00% | 0.00x | 1.02x | €-6.38 Million |
| 2025 | -5.24% | 0.00% | 0.00x | 1.01x | €-6.64 Million |
Industry Comparison
This section compares NEVADA LITHIUM RESOURCES'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: $13,665,172
- Average return on equity (ROE) among peers: -60.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEVADA LITHIUM RESOURCES (87K) | €43.11 Million | -26.95% | 0.01x | $22.78 Million |
| Scandium International Mining Corp (0E6) | $3.10 Million | -89.51% | 0.07x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $-286.00K | 0.00% | 0.00x | $25.79 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.82 Million | -29.84% | 0.10x | $581.83K |
| Benz Mining Corp (1VU) | $3.51 Million | -359.60% | 0.72x | $221.87 Million |
| Pacific Empire Minerals Corp (1YK) | $576.94K | -51.70% | 0.11x | $7.21 Million |
| PURANIUM ENERGY LTD. (2DK) | $-93.86K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $7.88 Million | -26.62% | 0.08x | $1.14 Million |
| GOLCAP RESOURCES CORP (2SO0) | $-2.39K | 0.00% | 0.00x | $2.74 Million |
| CDN Maverick Capital Corp. (338B) | $4.61 Million | -41.96% | 0.12x | $2.29 Million |
| Adriatic Metals Plc (3FN) | $113.54 Million | -8.98% | 0.16x | $1.23 Billion |
About NEVADA LITHIUM RESOURCES
Nevada Lithium Resources Inc. engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. The company explores for lithium deposits. It holds a 100% interest in the Bonnie Claire project located in Nye County, Nevada. The company was formerly known as Hermes Acquisition Corp. and changed its name to Nevada Lithium Resources Inc. in March 2021. N… Read more