TANTALEX LITHIUM RES.CORP (DW8) - Net Assets
Based on the latest financial reports, TANTALEX LITHIUM RES.CORP (DW8) has net assets worth €-26.65 Million EUR (≈ $-31.16 Million USD) as of November 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€20.79 Million ≈ $24.30 Million USD) and total liabilities (€47.44 Million ≈ $55.46 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. Also explore TANTALEX LITHIUM RES.CORP asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-26.65 Million |
| % of Total Assets | -128.22% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
TANTALEX LITHIUM RES.CORP - Net Assets Trend (2022–2024)
This chart illustrates how TANTALEX LITHIUM RES.CORP's net assets have evolved over time, based on quarterly financial data. Also explore TANTALEX LITHIUM RES.CORP (DW8) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for TANTALEX LITHIUM RES.CORP (2022–2024)
The table below shows the annual net assets of TANTALEX LITHIUM RES.CORP from 2022 to 2024. For live valuation and market cap data, see TANTALEX LITHIUM RES.CORP market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-02-29 | €-24.88 Million ≈ $-29.09 Million |
-24.14% |
| 2023-02-28 | €-20.05 Million ≈ $-23.43 Million |
-30.08% |
| 2022-02-28 | €-15.41 Million ≈ $-18.02 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to TANTALEX LITHIUM RES.CORP'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 2389060200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €45.60 Million | % |
| Total Equity | €-23.38 Million | 100.00% |
TANTALEX LITHIUM RES.CORP Competitors by Market Cap
The table below lists competitors of TANTALEX LITHIUM RES.CORP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Azucar Minerals Ltd
V:AMZ
|
$4.54 Million |
|
BIRD RIVER RES. INC.
F:1Q1A
|
$4.55 Million |
|
China Natural Resources Inc
NASDAQ:CHNR
|
$4.55 Million |
|
Connexa Sports Technologies Inc.
NASDAQ:YYAI
|
$4.55 Million |
|
Parlo Bhd
KLSE:0022
|
$4.53 Million |
|
CF Energy Corp
V:CFY
|
$4.53 Million |
|
Sawang Export Public Company Limited
BK:SAWANG
|
$4.53 Million |
|
Datasea Inc
NASDAQ:DTSS
|
$4.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TANTALEX LITHIUM RES.CORP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -18,495,486 to -23,378,996, a change of -4,883,510.
- Net loss of 15,622,613 reduced equity.
- New share issuances of 1,300,391 increased equity.
- Other factors increased equity by 9,438,712.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-15.62 Million | -66.82% |
| Share Issuances | €1.30 Million | +5.56% |
| Other Changes | €9.44 Million | +40.37% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares TANTALEX LITHIUM RES.CORP'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-02-28 | €-0.03 | €0.01 | x |
| 2023-02-28 | €-0.04 | €0.01 | x |
| 2024-02-29 | €-0.03 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TANTALEX LITHIUM RES.CORP 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | €-14.03 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | €-6.42 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | €-13.28 Million |
Industry Comparison
This section compares TANTALEX LITHIUM RES.CORP'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: $2,959,704
- Average return on equity (ROE) among peers: -112.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TANTALEX LITHIUM RES.CORP (DW8) | €-26.65 Million | 0.00% | N/A | $4.54 Million |
| Scandium International Mining Corp (0E6) | $901.89K | -328.32% | 0.16x | $31.75 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $6.44 Million | -34.62% | 0.09x | $2.79 Million |
| Asiamet Resources Ltd (0FK) | $3.18 Million | -162.81% | 0.37x | $27.77 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.82 Million | -29.84% | 0.10x | $758.30K |
| Benz Mining Corp (1VU) | $2.47 Million | -52.89% | 0.10x | $417.32 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $8.77 Million | -54.50% | 0.49x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $244.28K | -277.01% | 1.86x | $5.15 Million |
| PURANIUM ENERGY LTD. (2DK) | $977.72K | -142.91% | 0.06x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.61 Million | -22.03% | 0.15x | $70.07K |
| GOLCAP RESOURCES CORP (2SO0) | $1.19 Million | -23.94% | 0.67x | $1.57 Million |
About TANTALEX LITHIUM RES.CORP
Tantalex Lithium Resources Corp. engages in the acquisition, exploration, development, and production of lithium, tantalum, and tin in Africa. It holds interest in the Manono Lithium Tailings, the Pegmatite Corridor Exploration, and the Titan Projects located in Manono, the Democratic Republic of Congo. The company was formerly known as Tantalex Resources Corporation and changed its name to Tanta… Read more