Foremost Lithium Resource & Technology Ltd. Common stock Net Assets
Foremost Lithium Resource & Technology Ltd. Common stock net assets. Based on the latest financial reports, Foremost Lithium Resource & Technology Ltd. Common stock (FMST) has net assets worth $35.11 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.54 Million) and total liabilities ($2.43 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. Also explore net asset growth rate of Foremost Lithium Resource & Technology L to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $35.11 Million |
| % of Total Assets | 93.52% |
| Annual Growth Rate | 57.67% |
| 5-Year Change | 427.98% |
| 10-Year Change | 2885.34% |
| Growth Volatility | 550.88 |
Net Assets of Foremost Lithium Resource & Technology Ltd. Common stock (2011–2026)
Net assets of Foremost Lithium Resource & Technology Ltd. Common stock from 2011 to 2026. This chart illustrates how Foremost Lithium Resource & Technology Ltd. Common stock's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Foremost Lithium Resource & Technology L to measure how much of total assets are equity-financed.
Annual Net Assets for Foremost Lithium Resource & Technology Ltd. Common stock (2011–2026)
The table below shows the annual net assets of Foremost Lithium Resource & Technology Ltd. Common stock from 2011 to 2026. For live market cap and overall valuation, see market value of Foremost Lithium Resource & Technology L.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $35.59 Million | +45.33% |
| 2025-03-31 | $24.49 Million | +85.41% |
| 2024-03-31 | $13.21 Million | +26.78% |
| 2023-03-31 | $10.42 Million | +54.55% |
| 2022-03-31 | $6.74 Million | +17.13% |
| 2021-03-31 | $5.76 Million | +13.55% |
| 2020-03-31 | $5.07 Million | -11.77% |
| 2019-03-31 | $5.75 Million | -12.51% |
| 2018-03-31 | $6.57 Million | +450.79% |
| 2017-03-31 | $1.19 Million | +1854.22% |
| 2016-03-31 | $-67.97K | -1041.53% |
| 2015-03-31 | $7.22K | +449.42% |
| 2014-03-31 | $-2.07K | -100.40% |
| 2013-03-31 | $513.73K | -23.82% |
| 2012-03-31 | $674.41K | +1653.98% |
| 2011-03-31 | $38.45K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Foremost Lithium Resource & Technology Ltd. Common stock'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 3014829900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Foremost Lithium Resource & Technology Ltd. Common stock Net Assets Breakdown (March 2026)
Foremost Lithium Resource & Technology Ltd. Common stock net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $62.99 Million | 176.96% |
| Other Comprehensive Income | $3.30 Million | 9.28% |
| Total Equity | $35.59 Million | 100.00% |
Foremost Lithium Resource & Technology Ltd. Common stock Competitors by Market Cap
The table below lists competitors of Foremost Lithium Resource & Technology Ltd. Common stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
High Arctic Energy Services Inc.
TO:HWO
|
$11.02 Million |
|
Noble Helium Ltd
AU:NHE
|
$11.03 Million |
|
Pilulka Lekarny as
PR:PINK
|
$11.03 Million |
|
Baru Gold Corp
V:BARU
|
$11.04 Million |
|
Immolease Trust NV
BR:DIEG
|
$11.02 Million |
|
Natuzzi SpA
NYSE:NTZ
|
$11.01 Million |
|
Plasticos Compuestos S.A.
MC:KOM
|
$11.01 Million |
|
Mitra Pemuda Tbk PT
JK:MTRA
|
$11.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Foremost Lithium Resource & Technology Ltd. Common stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 24,492,262 to 35,594,947, a change of 11,102,685 (45.3%).
- Net loss of 6,915,933 reduced equity.
- New share issuances of 13,343,071 increased equity.
- Other comprehensive income increased equity by 22,411.
- Other factors increased equity by 4,653,136.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.92 Million | -19.43% |
| Share Issuances | $13.34 Million | +37.49% |
| Other Comprehensive Income | $22.41K | +0.06% |
| Other Changes | $4.65 Million | +13.07% |
| Total Change | $- | 45.33% |
Book Value vs Market Value Analysis
This analysis compares Foremost Lithium Resource & Technology Ltd. Common stock'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: 0.25x
- 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 2.48x to 0.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-03-31 | $0.28 | $0.69 | x |
| 2012-03-31 | $2.31 | $0.69 | x |
| 2013-03-31 | $1.39 | $0.69 | x |
| 2014-03-31 | $-0.01 | $0.69 | x |
| 2015-03-31 | $0.02 | $0.69 | x |
| 2016-03-31 | $-0.16 | $0.69 | x |
| 2017-03-31 | $1.24 | $0.69 | x |
| 2018-03-31 | $3.80 | $0.69 | x |
| 2019-03-31 | $2.76 | $0.69 | x |
| 2020-03-31 | $2.07 | $0.69 | x |
| 2021-03-31 | $2.05 | $0.69 | x |
| 2022-03-31 | $2.06 | $0.69 | x |
| 2023-03-31 | $2.64 | $0.69 | x |
| 2024-03-31 | $2.92 | $0.69 | x |
| 2025-03-31 | $3.26 | $0.69 | x |
| 2026-03-31 | $2.72 | $0.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Foremost Lithium Resource & Technology Ltd. Common stock 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): -19.43%
- 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: 1.11x
- Recent ROE (-19.43%) is above the historical average (-180.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -190.08% | 0.00% | 0.00x | 3.11x | $-76.93K |
| 2012 | -54.07% | 0.00% | 0.00x | 1.15x | $-432.12K |
| 2013 | -37.31% | 0.00% | 0.00x | 1.12x | $-243.06K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-581.33K |
| 2015 | -2075.76% | 0.00% | 0.00x | 38.57x | $-150.57K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-175.73K |
| 2017 | -105.94% | 0.00% | 0.00x | 1.33x | $-1.38 Million |
| 2018 | -162.26% | 0.00% | 0.00x | 1.14x | $-11.31 Million |
| 2019 | -47.37% | 0.00% | 0.00x | 1.12x | $-3.30 Million |
| 2020 | -44.78% | 0.00% | 0.00x | 1.17x | $-2.78 Million |
| 2021 | -45.44% | -455.10% | 0.08x | 1.21x | $-3.19 Million |
| 2022 | -61.57% | 0.00% | 0.00x | 1.17x | $-4.83 Million |
| 2023 | 9.21% | 0.00% | 0.00x | 1.28x | $-82.18K |
| 2024 | -33.86% | 0.00% | 0.00x | 1.26x | $-5.79 Million |
| 2025 | -14.76% | 0.00% | 0.00x | 1.13x | $-6.06 Million |
| 2026 | -19.43% | 0.00% | 0.00x | 1.11x | $-10.48 Million |
Industry Comparison
This section compares Foremost Lithium Resource & Technology Ltd. Common stock'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: $168,343,952
- Average return on equity (ROE) among peers: -28.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Foremost Lithium Resource & Technology Ltd. Common stock (FMST) | $35.11 Million | -190.08% | 0.07x | $11.02 Million |
| Almonty Industries Inc. Common Shares (ALM) | $39.07 Million | -41.71% | 5.56x | $4.28 Billion |
| REalloys Inc. (ALOY) | $204.93K | -206.65% | 0.14x | $419.98 Million |
| Atlas Lithium Corporation Common Stock (ATLX) | $2.81 Million | -175.68% | 1.02x | $47.41 Million |
| Blue Moon Metals Inc (BMM) | $163.85 Million | -16.53% | 0.13x | $363.87 Million |
| China Natural Resources Inc (CHNR) | $29.13 Million | 151.25% | 0.12x | $5.03 Million |
| Compass Minerals International Inc (CMP) | $529.60 Million | 11.23% | 3.61x | $960.43 Million |
| Critical Metals Corp. Ordinary Shares (CRML) | $151.00 Million | -0.23% | 0.06x | $918.05 Million |
| Electra Battery Materials Corp (ELBM) | $198.38 Million | -13.52% | 0.03x | $45.44 Million |
| Sayona Mining Limited American Depository Shares (ELVR) | $570.80 Million | 10.32% | 0.16x | $429.47 Million |
| Evolution Metals & Technologies Corp. Common Stock (EMAT) | $-1.40 Million | 0.00% | 0.00x | $1.02 Billion |
About Foremost Lithium Resource & Technology Ltd. Common stock
Foremost Clean Energy Ltd., an exploration stage company, explores and develops uranium and lithium assets in North America. The company has an option agreement of approximately 70% interest in 10 properties encompassing over 330,000 acres in Saskatchewan's Athabasca Basin. It holds interest in the Murphy Lake South, the Hatchet Lake, the Turkey Lake, the Torwalt Lake, the Marten, the Wolverine, … Read more