Lightbridge Corp
Lightbridge Corporation, together with its subsidiaries, engages in research, developing, and commercializing nuclear fuel. It develops nuclear fuel for water-cooled reactors; and metallic fuels under the Lightbridge Fuel. Lightbridge Corporation is headquartered in Reston, Virginia.
Lightbridge Corp (LTBR) - Net Assets
Latest net assets as of September 2025: $153.50 Million USD
Based on the latest financial reports, Lightbridge Corp (LTBR) has net assets worth $153.50 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($155.06 Million) and total liabilities ($1.56 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $153.50 Million |
| % of Total Assets | 98.99% |
| Annual Growth Rate | N/A |
| 5-Year Change | 135.53% |
| 10-Year Change | N/A |
| Growth Volatility | 126.95 |
Lightbridge Corp - Net Assets Trend (1998–2024)
This chart illustrates how Lightbridge Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lightbridge Corp (1998–2024)
The table below shows the annual net assets of Lightbridge Corp from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $40.53 Million | +40.18% |
| 2023-12-31 | $28.91 Million | -0.71% |
| 2022-12-31 | $29.12 Million | +17.45% |
| 2021-12-31 | $24.79 Million | +44.07% |
| 2020-12-31 | $17.21 Million | -10.38% |
| 2019-12-31 | $19.20 Million | -25.78% |
| 2018-12-31 | $25.87 Million | +346.41% |
| 2017-12-31 | $5.79 Million | +4.27% |
| 2016-12-31 | $5.56 Million | +470.74% |
| 2015-12-31 | $-1.50 Million | -295.64% |
| 2014-12-31 | $766.24K | -85.21% |
| 2013-12-31 | $5.18 Million | -10.03% |
| 2012-12-31 | $5.76 Million | -34.85% |
| 2011-12-31 | $8.84 Million | -32.66% |
| 2010-12-31 | $13.12 Million | +163.87% |
| 2009-12-31 | $4.97 Million | -31.94% |
| 2008-12-31 | $7.31 Million | +102.95% |
| 2007-12-31 | $3.60 Million | +216.37% |
| 2006-12-31 | $-3.09 Million | -1280.30% |
| 2005-12-31 | $-224.18K | 0.00% |
| 2004-12-31 | $-224.18K | +69.60% |
| 2003-12-31 | $-737.31K | -4.95% |
| 2002-12-31 | $-702.57K | -11.88% |
| 2001-12-31 | $-627.95K | +24.60% |
| 2000-12-31 | $-832.87K | -2015.88% |
| 1998-12-31 | $-39.36K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lightbridge 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 16379582300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.78K | 0.05% |
| Other Components | $204.69 Million | 505.07% |
| Total Equity | $40.53 Million | 100.00% |
Lightbridge Corp Competitors by Market Cap
The table below lists competitors of Lightbridge Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BECLE S.A.B. DE C.V. 001
F:6BE
|
$353.61 Million |
|
Innovative Solutions and Support
NASDAQ:ISSC
|
$353.61 Million |
|
Camping World Holdings Inc
NYSE:CWH
|
$353.66 Million |
|
Viettel Construction JSC
VN:CTR
|
$353.72 Million |
|
Binh Duong Water Environment JSC
VN:BWE
|
$353.45 Million |
|
Shanghai Yimin Commerce Group Co Ltd
SHG:600824
|
$353.40 Million |
|
Shanghai Shenda Co Ltd
SHG:600626
|
$353.38 Million |
|
Sichuan Kexin Mechanic Electric
SHE:300092
|
$353.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lightbridge Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,911,047 to 40,528,290, a change of 11,617,243 (40.2%).
- Net loss of 11,787,000 reduced equity.
- New share issuances of 21,412,505 increased equity.
- Other factors increased equity by 1,991,738.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.79 Million | -29.08% |
| Share Issuances | $21.41 Million | +52.83% |
| Other Changes | $1.99 Million | +4.91% |
| Total Change | $- | 40.18% |
Book Value vs Market Value Analysis
This analysis compares Lightbridge 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
- Current price-to-book ratio: 4.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $-4.71 | $11.54 | x |
| 2000-12-31 | $-96.96 | $11.54 | x |
| 2001-12-31 | $-33.50 | $11.54 | x |
| 2002-12-31 | $-37.48 | $11.54 | x |
| 2003-12-31 | $-36.84 | $11.54 | x |
| 2004-12-31 | $-10.52 | $11.54 | x |
| 2005-12-31 | $-7.06 | $11.54 | x |
| 2006-12-31 | $-42.31 | $11.54 | x |
| 2007-12-31 | $21.85 | $11.54 | x |
| 2008-12-31 | $43.84 | $11.54 | x |
| 2009-12-31 | $29.78 | $11.54 | x |
| 2010-12-31 | $70.73 | $11.54 | x |
| 2011-12-31 | $42.85 | $11.54 | x |
| 2012-12-31 | $27.66 | $11.54 | x |
| 2013-12-31 | $23.89 | $11.54 | x |
| 2014-12-31 | $2.97 | $11.54 | x |
| 2015-12-31 | $-4.93 | $11.54 | x |
| 2016-12-31 | $14.10 | $11.54 | x |
| 2017-12-31 | $6.67 | $11.54 | x |
| 2018-12-31 | $11.65 | $11.54 | x |
| 2019-12-31 | $6.18 | $11.54 | x |
| 2020-12-31 | $4.08 | $11.54 | x |
| 2021-12-31 | $3.52 | $11.54 | x |
| 2022-12-31 | $2.69 | $11.54 | x |
| 2023-12-31 | $2.39 | $11.54 | x |
| 2024-12-31 | $2.80 | $11.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lightbridge 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): -29.08%
- 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 (-29.08%) is above the historical average (-75.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 0.00% | 0.00% | 0.00x | 0.00x | $-35.38K |
| 2000 | 0.00% | -416.79% | 2.80x | 0.00x | $-639.95K |
| 2001 | 0.00% | -187.87% | 63.94x | 0.00x | $-263.21K |
| 2002 | 0.00% | -8778.62% | 2.00x | 0.00x | $-255.78K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-68.50K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-73.01K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.67 Million |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.40 Million |
| 2007 | -318.06% | 0.00% | 0.00x | 2.98x | $-11.81 Million |
| 2008 | -39.12% | -12.87% | 1.79x | 1.70x | $-3.59 Million |
| 2009 | -145.42% | -68.78% | 1.47x | 1.43x | $-7.73 Million |
| 2010 | -57.63% | -99.68% | 0.50x | 1.17x | $-8.88 Million |
| 2011 | -66.40% | -92.34% | 0.60x | 1.19x | $-6.75 Million |
| 2012 | -70.45% | -110.30% | 0.60x | 1.07x | $-4.63 Million |
| 2013 | -93.90% | -255.92% | 0.34x | 1.09x | $-5.38 Million |
| 2014 | -628.64% | -367.71% | 0.22x | 7.90x | $-4.89 Million |
| 2015 | 0.00% | -474.23% | 0.41x | 0.00x | $-4.17 Million |
| 2016 | -114.17% | -834.24% | 0.11x | 1.22x | $-6.90 Million |
| 2017 | -122.61% | -4049.68% | 0.03x | 1.20x | $-7.68 Million |
| 2018 | -60.60% | 0.00% | 0.00x | 1.02x | $-18.26 Million |
| 2019 | -55.61% | 0.00% | 0.00x | 1.02x | $-12.60 Million |
| 2020 | -83.78% | 0.00% | 0.00x | 1.27x | $-16.14 Million |
| 2021 | -31.61% | 0.00% | 0.00x | 1.01x | $-10.31 Million |
| 2022 | -24.76% | 0.00% | 0.00x | 1.01x | $-10.12 Million |
| 2023 | -27.36% | 0.00% | 0.00x | 1.02x | $-10.80 Million |
| 2024 | -29.08% | 0.00% | 0.00x | 1.01x | $-15.84 Million |
Industry Comparison
This section compares Lightbridge Corp's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lightbridge Corp (LTBR) | $153.50 Million | 0.00% | 0.01x | $353.47 Million |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |