Lifezone Metals Limited
Lifezone Metals Limited, together with its subsidiaries, engages in the metals production and recycling business. The company's primary asset is the Kabanga Nickel Project located in north-west Tanzania. It is also involved in the intellectual property licensing business. The company is based in Douglas, Isle of Man.
Lifezone Metals Limited (LZM) - Net Assets
Latest net assets as of June 2025: $102.59 Million USD
Based on the latest financial reports, Lifezone Metals Limited (LZM) has net assets worth $102.59 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 ($148.56 Million) and total liabilities ($45.97 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 | $102.59 Million |
| % of Total Assets | 69.06% |
| Annual Growth Rate | 184.12% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1474.57 |
Lifezone Metals Limited - Net Assets Trend (2020–2024)
This chart illustrates how Lifezone Metals Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lifezone Metals Limited (2020–2024)
The table below shows the annual net assets of Lifezone Metals Limited from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $99.33 Million | -22.59% |
| 2023-12-31 | $128.31 Million | +68.86% |
| 2022-12-31 | $75.99 Million | +41.07% |
| 2021-12-31 | $53.86 Million | +3433.62% |
| 2020-12-31 | $1.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lifezone Metals Limited'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 45370636900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.91K | 0.01% |
| Other Comprehensive Income | $67.72 Million | 75.63% |
| Other Components | $476.29 Million | 531.92% |
| Total Equity | $89.54 Million | 100.00% |
Lifezone Metals Limited Competitors by Market Cap
The table below lists competitors of Lifezone Metals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iron Force Industrial Co Ltd
TW:2228
|
$111.74 Million |
|
Sebang
KO:004360
|
$111.75 Million |
|
GIFTEE INC.
F:84I
|
$111.76 Million |
|
Mycenax Biotech
TWO:4726
|
$111.86 Million |
|
Virtuix Holdings Inc. Class A Common Stock
NASDAQ:VTIX
|
$111.72 Million |
|
Hot Chili Ltd
AU:HCH
|
$111.71 Million |
|
Allgeier SE
XETRA:AEIN
|
$111.69 Million |
|
Focusrite plc
PINK:FOCIF
|
$111.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lifezone Metals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,649,475 to 89,540,491, a change of 44,891,016 (100.5%).
- Net loss of 46,305,239 reduced equity.
- Share repurchases of 80 reduced equity.
- New share issuances of 76 increased equity.
- Other comprehensive income decreased equity by 206,403,393.
- Other factors increased equity by 297,599,652.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-46.31 Million | -51.71% |
| Share Repurchases | $80.00 | -0.0% |
| Share Issuances | $76.00 | +0.0% |
| Other Comprehensive Income | $-206.40 Million | -230.51% |
| Other Changes | $297.60 Million | +332.36% |
| Total Change | $- | 100.54% |
Book Value vs Market Value Analysis
This analysis compares Lifezone Metals Limited'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: 3.57x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 95.92x to 3.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.04 | $4.08 | x |
| 2021-12-31 | $1.51 | $4.08 | x |
| 2022-12-31 | $-0.24 | $4.08 | x |
| 2023-12-31 | $0.68 | $4.08 | x |
| 2024-12-31 | $1.14 | $4.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lifezone Metals Limited 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): -51.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -32952.31%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.75x
- Recent ROE (-51.71%) is above the historical average (-179.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.58% | 0.84% | 0.60x | 1.16x | $-143.53K |
| 2021 | -33.31% | -860.31% | 0.03x | 1.15x | $-23.41 Million |
| 2022 | 0.00% | -805.59% | 0.03x | 0.00x | $-22.74 Million |
| 2023 | -814.96% | -24622.29% | 0.01x | 3.19x | $-368.34 Million |
| 2024 | -51.71% | -32952.31% | 0.00x | 1.75x | $-55.26 Million |
Industry Comparison
This section compares Lifezone Metals Limited'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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lifezone Metals Limited (LZM) | $102.59 Million | 0.58% | 0.45x | $111.72 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |