Lifezone Metals Limited (LZM) - Net Assets
Based on the latest financial reports, Lifezone Metals Limited (LZM) has net assets worth $93.40 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 ($208.56 Million) and total liabilities ($115.16 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 strategic asset allocation of Lifezone Metals Limited to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $93.40 Million |
| % of Total Assets | 44.78% |
| Annual Growth Rate | 116.72% |
| 5-Year Change | 35.22% |
| 10-Year Change | N/A |
| Growth Volatility | 1367.87 |
Lifezone Metals Limited - Net Assets Trend (2020–2025)
This chart illustrates how Lifezone Metals Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Lifezone Metals Limited (LZM) total market value.
Annual Net Assets for Lifezone Metals Limited (2020–2025)
The table below shows the annual net assets of Lifezone Metals Limited from 2020 to 2025. Also explore net asset growth rate of Lifezone Metals Limited to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $72.83 Million | -26.67% |
| 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 46733424500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.38K | 0.01% |
| Other Comprehensive Income | $351.71 Million | 476.36% |
| Other Components | $190.22 Million | 257.64% |
| Total Equity | $73.83 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 |
|---|---|
|
Borosil Limited
NSE:BOROLTD
|
$340.87 Million |
|
Jiangsu Jinling Sports Equipment Co Ltd
SHE:300651
|
$340.95 Million |
|
Waskita Karya Persero Tbk
JK:WSKT
|
$340.97 Million |
|
Dongnan Electronics Co. Ltd. A
SHE:301359
|
$340.98 Million |
|
Hainan Huluwa Pharmaceutical Group Co Ltd
SHG:605199
|
$340.75 Million |
|
Regal Asian Investments Ltd
AU:RG8
|
$340.67 Million |
|
Companhia Energética do Ceará - Coelce
SA:COCE3
|
$340.55 Million |
|
DiaMedica Therapeutics Inc
NASDAQ:DMAC
|
$340.54 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 2024 to 2025, total equity changed from 89,540,491 to 73,831,715, a change of -15,708,776 (-17.5%).
- Net loss of 13,627,876 reduced equity.
- Share repurchases of 13,951,150 reduced equity.
- New share issuances of 13,949,998 increased equity.
- Other comprehensive income increased equity by 283,987,987.
- Other factors decreased equity by 286,067,735.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.63 Million | -18.46% |
| Share Repurchases | $13.95 Million | -18.9% |
| Share Issuances | $13.95 Million | +18.89% |
| Other Comprehensive Income | $283.99 Million | +384.64% |
| Other Changes | $-286.07 Million | -387.46% |
| Total Change | $- | -17.54% |
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: 4.45x
- 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 96.62x to 4.45x 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 | $4.11 | x |
| 2021-12-31 | $1.51 | $4.11 | x |
| 2022-12-31 | $-0.24 | $4.11 | x |
| 2023-12-31 | $0.68 | $4.11 | x |
| 2024-12-31 | $1.14 | $4.11 | x |
| 2025-12-31 | $0.92 | $4.11 | 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): -18.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1289.25%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 2.38x
- Recent ROE (-18.46%) is above the historical average (-152.98%), 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 |
| 2025 | -18.46% | -1289.25% | 0.01x | 2.38x | $-21.01 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: $95,682,978
- Average return on equity (ROE) among peers: -51.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lifezone Metals Limited (LZM) | $93.40 Million | 0.58% | 1.23x | $340.78 Million |
| Almonty Industries Inc. Common Shares (ALM) | $39.75 Million | -36.45% | 3.85x | $4.28 Billion |
| REalloys Inc. (ALOY) | $947.60K | -85.73% | 0.09x | $626.85 Million |
| Atlas Lithium Corporation Common Stock (ATLX) | $671.46K | -330.46% | 0.36x | $88.49 Million |
| Blue Moon Metals Inc (BMM) | $3.10 Million | -11.12% | 6.26x | $605.58 Million |
| China Natural Resources Inc (CHNR) | $-15.51 Million | 0.00% | 0.00x | $4.74 Million |
| Compass Minerals International Inc (CMP) | $-4.60 Million | 0.00% | 0.00x | $998.61 Million |
| Critical Metals Corp. Ordinary Shares (CRML) | $-11.07 Million | 0.00% | 0.00x | $944.49 Million |
| Electra Battery Materials Corp (ELBM) | $64.32 Million | -45.78% | 1.35x | $61.13 Million |
| Sayona Mining Limited American Depository Shares (ELVR) | $884.82 Million | -1.54% | 0.14x | $859.14 Million |
| Evolution Metals & Technologies Corp. Common Stock (EMAT) | $-5.61 Million | 0.00% | 0.00x | $1.99 Billion |
About Lifezone Metals Limited
Lifezone Metals Limited, together with its subsidiaries, engages in the metals production and recycling business in Australia. It operates through three segments: Metals Extraction Business, Intellectual Property Business, and Corporate. It primarily explores nickel, copper, and cobalt deposits. The company's flagship project is the Kabanga Nickel Project located in north-west Tanzania. It is als… Read more