Piedmont Lithium Ltd ADR (PLL) - Net Assets
Based on the latest financial reports, Piedmont Lithium Ltd ADR (PLL) has net assets worth $277.65 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 ($318.55 Million) and total liabilities ($40.90 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. Check Piedmont Lithium Ltd ADR liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $277.65 Million |
| % of Total Assets | 87.16% |
| Annual Growth Rate | 8.64% |
| 5-Year Change | 6329.02% |
| 10-Year Change | 16500.52% |
| Growth Volatility | 646.68 |
Piedmont Lithium Ltd ADR - Net Assets Trend (1988–2024)
This chart illustrates how Piedmont Lithium Ltd ADR's net assets have evolved over time, based on quarterly financial data. Also explore Piedmont Lithium Ltd ADR balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Piedmont Lithium Ltd ADR (1988–2024)
The table below shows the annual net assets of Piedmont Lithium Ltd ADR from 1988 to 2024. For live valuation and market cap data, see Piedmont Lithium Ltd ADR market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $298.25 Million | -10.26% |
| 2023-12-31 | $332.33 Million | +22.95% |
| 2022-12-31 | $270.29 Million | +49.82% |
| 2021-12-31 | $180.41 Million | +3788.94% |
| 2020-12-31 | $4.64 Million | -80.51% |
| 2019-12-31 | $23.80 Million | +294.71% |
| 2018-12-31 | $6.03 Million | +84.68% |
| 2016-12-31 | $3.27 Million | +135.23% |
| 2015-12-31 | $1.39 Million | -22.73% |
| 2014-12-31 | $1.80 Million | -44.76% |
| 2013-12-31 | $3.25 Million | -44.77% |
| 2012-12-31 | $5.89 Million | -36.18% |
| 2011-12-31 | $9.23 Million | -21.05% |
| 2010-12-31 | $11.69 Million | -2.32% |
| 2009-12-31 | $11.96 Million | +33.66% |
| 2008-12-31 | $8.95 Million | -42.73% |
| 2007-12-31 | $15.63 Million | +23.22% |
| 2006-12-31 | $12.68 Million | +518.82% |
| 2005-12-31 | $2.05 Million | +101.19% |
| 2004-12-31 | $1.02 Million | +154.17% |
| 2003-12-31 | $-1.88 Million | -159.17% |
| 2002-12-31 | $3.18 Million | -59.52% |
| 2001-12-31 | $7.85 Million | -68.33% |
| 2000-12-31 | $24.79 Million | +92.97% |
| 1999-12-31 | $12.85 Million | +248.46% |
| 1998-12-31 | $3.69 Million | -74.60% |
| 1997-12-31 | $14.52 Million | -35.11% |
| 1996-12-31 | $22.37 Million | -11.84% |
| 1995-12-31 | $25.37 Million | +40.98% |
| 1994-12-31 | $18.00 Million | -9.37% |
| 1993-12-31 | $19.86 Million | +24.28% |
| 1992-12-31 | $15.98 Million | -13.94% |
| 1991-12-31 | $18.57 Million | +4.38% |
| 1990-12-31 | $17.79 Million | +2.28% |
| 1989-12-31 | $17.39 Million | +15.32% |
| 1988-12-31 | $15.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Piedmont Lithium Ltd ADR'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 | $2.00K | 0.00% |
| Other Comprehensive Income | $-8.03 Million | -2.69% |
| Other Components | $497.88 Million | 166.93% |
| Total Equity | $298.25 Million | 100.00% |
Piedmont Lithium Ltd ADR Competitors by Market Cap
The table below lists competitors of Piedmont Lithium Ltd ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Acme United Corporation
NYSE MKT:ACU
|
$159.26 Million |
|
Novonix Ltd ADR
NASDAQ:NVX
|
$159.30 Million |
|
Nordfyns Bank A/S
CO:NRDF
|
$159.36 Million |
|
Harvard Ave Acquisition Corporation Class A Ordinary Share
NASDAQ:HAVA
|
$159.39 Million |
|
Kindly MD, Inc.
NASDAQ:NAKA
|
$159.08 Million |
|
Orient Green Power Company Limited
NSE:GREENPOWER
|
$159.08 Million |
|
Chongkundang
KO:001630
|
$159.05 Million |
|
Thryv Holdings Inc
NASDAQ:THRY
|
$159.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Piedmont Lithium Ltd ADR'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.
- New share issuances of 24,554,000 increased equity.
- Other comprehensive income decreased equity by 4,301,000.
- Other factors increased equity by 10,425,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-64.76 Million | -21.71% |
| Share Issuances | $24.55 Million | +8.23% |
| Other Comprehensive Income | $-4.30 Million | -1.44% |
| Other Changes | $10.43 Million | +3.5% |
| Total Change | $- | -10.26% |
Book Value vs Market Value Analysis
This analysis compares Piedmont Lithium Ltd ADR'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: 0.48x
- 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 0.79x to 0.48x 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 | $9.21 | $7.25 | x |
| 1989-12-31 | $10.82 | $7.25 | x |
| 1990-12-31 | $10.58 | $7.25 | x |
| 1991-12-31 | $10.37 | $7.25 | x |
| 1992-12-31 | $9.18 | $7.25 | x |
| 1993-12-31 | $10.46 | $7.25 | x |
| 1994-12-31 | $10.11 | $7.25 | x |
| 1995-12-31 | $15.24 | $7.25 | x |
| 1996-12-31 | $20.52 | $7.25 | x |
| 1997-12-31 | $14.16 | $7.25 | x |
| 1998-12-31 | $15.91 | $7.25 | x |
| 1999-12-31 | $8.80 | $7.25 | x |
| 2002-12-31 | $2.97 | $7.25 | x |
| 2003-12-31 | $-1.76 | $7.25 | x |
| 2004-12-31 | $0.45 | $7.25 | x |
| 2005-12-31 | $0.84 | $7.25 | x |
| 2006-12-31 | $7.21 | $7.25 | x |
| 2007-12-31 | $6.78 | $7.25 | x |
| 2008-12-31 | $3.86 | $7.25 | x |
| 2009-12-31 | $3.04 | $7.25 | x |
| 2010-12-31 | $2.97 | $7.25 | x |
| 2011-12-31 | $2.34 | $7.25 | x |
| 2012-12-31 | $1.49 | $7.25 | x |
| 2013-12-31 | $0.82 | $7.25 | x |
| 2014-12-31 | $0.45 | $7.25 | x |
| 2015-12-31 | $0.35 | $7.25 | x |
| 2016-12-31 | $0.80 | $7.25 | x |
| 2018-12-31 | $0.90 | $7.25 | x |
| 2019-12-31 | $2.30 | $7.25 | x |
| 2020-12-31 | $0.34 | $7.25 | x |
| 2021-12-31 | $11.72 | $7.25 | x |
| 2022-12-31 | $14.96 | $7.25 | x |
| 2023-12-31 | $17.24 | $7.25 | x |
| 2024-12-31 | $15.20 | $7.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Piedmont Lithium Ltd ADR 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 below the historical average (-18.86%), suggesting potential challenges in 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 | $1.50 Million |
| 1989 | 17.85% | 4.82% | 1.86x | 1.99x | $1.10 Million |
| 1990 | 7.50% | 2.04% | 1.86x | 1.98x | $-342.04K |
| 1991 | 6.09% | 1.61% | 1.81x | 2.08x | $-524.17K |
| 1992 | 5.82% | 1.46% | 1.94x | 2.07x | $-500.87K |
| 1993 | 11.31% | 2.43% | 1.95x | 2.39x | $177.34K |
| 1994 | 6.67% | 1.28% | 2.12x | 2.46x | $-435.28K |
| 1995 | 4.91% | 1.13% | 2.01x | 2.16x | $-1.01 Million |
| 1996 | 2.37% | 0.72% | 1.66x | 1.99x | $-1.37 Million |
| 1997 | 3.89% | 0.80% | 2.03x | 2.39x | $-668.35K |
| 1998 | 5.09% | 0.73% | 3.42x | 2.05x | $-499.93K |
| 1999 | 10.11% | 1.47% | 2.06x | 3.33x | $10.57K |
| 2002 | -161.65% | -18.36% | 3.09x | 2.85x | $-5.46 Million |
| 2003 | 0.00% | -25.80% | 70.70x | 0.00x | $-4.99 Million |
| 2004 | 305.76% | 0.00% | 0.00x | 1.00x | $3.01 Million |
| 2005 | -15.50% | -61.06% | 0.25x | 1.01x | $-522.55K |
| 2006 | -17.11% | 0.00% | 0.00x | 1.03x | $-3.44 Million |
| 2007 | -28.59% | 0.00% | 0.00x | 1.04x | $-6.03 Million |
| 2008 | -33.20% | 0.00% | 0.00x | 1.02x | $-3.87 Million |
| 2009 | -6.25% | 0.00% | 0.00x | 1.01x | $-1.94 Million |
| 2010 | -21.42% | 0.00% | 0.00x | 1.02x | $-3.67 Million |
| 2011 | -21.79% | 0.00% | 0.00x | 1.02x | $-2.93 Million |
| 2012 | -44.08% | 0.00% | 0.00x | 1.05x | $-3.18 Million |
| 2013 | -87.75% | 0.00% | 0.00x | 1.09x | $-3.18 Million |
| 2014 | -50.28% | 0.00% | 0.00x | 1.02x | $-1.08 Million |
| 2015 | -20.66% | 0.00% | 0.00x | 1.03x | $-425.57K |
| 2016 | -82.33% | 0.00% | 0.00x | 1.15x | $-3.01 Million |
| 2018 | -164.12% | 0.00% | 0.00x | 1.33x | $-10.50 Million |
| 2019 | -40.67% | 0.00% | 0.00x | 1.16x | $-12.06 Million |
| 2020 | -211.74% | 0.00% | 0.00x | 1.46x | $-10.29 Million |
| 2021 | -11.08% | 0.00% | 0.00x | 1.04x | $-38.03 Million |
| 2022 | -4.80% | 0.00% | 0.00x | 1.07x | $-40.00 Million |
| 2023 | -6.55% | -54.69% | 0.10x | 1.15x | $-55.01 Million |
| 2024 | -21.71% | -64.84% | 0.29x | 1.17x | $-94.59 Million |
Industry Comparison
This section compares Piedmont Lithium Ltd ADR'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: $191,311,075
- Average return on equity (ROE) among peers: -7.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Piedmont Lithium Ltd ADR (PLL) | $277.65 Million | 22.57% | 0.15x | $159.11 Million |
| Almonty Industries Inc. Common Shares (ALM) | $39.75 Million | -36.45% | 3.85x | $1.65 Billion |
| REalloys Inc. (ALOY) | $-1.76 Million | 0.00% | 0.00x | $589.33 Million |
| Atlas Lithium Corporation Common Stock (ATLX) | $-1.32 Million | 0.00% | 0.00x | $133.83 Million |
| China Natural Resources Inc (CHNR) | $177.45 Million | -13.88% | 0.80x | $4.90 Million |
| Compass Minerals International Inc (CMP) | $529.60 Million | 11.23% | 3.61x | $1.00 Billion |
| Critical Metals Corp. Ordinary Shares (CRML) | $151.00 Million | -0.23% | 0.06x | $1.11 Billion |
| Electra Battery Materials Corp (ELBM) | $137.53 Million | -6.26% | 0.03x | $54.97 Million |
| Sayona Mining Limited American Depository Shares (ELVR) | $884.82 Million | -1.54% | 0.14x | $467.91 Million |
| Evolution Metals & Technologies Corp. Common Stock (EMAT) | $-9.03 Million | 0.00% | 0.00x | $4.72 Billion |
| Foremost Lithium Resource & Technology Ltd. Common stock (FMST) | $5.07 Million | -31.46% | 0.17x | $19.86 Million |
About Piedmont Lithium Ltd ADR
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