ACME Lithium Inc
ACME Lithium Inc. engages in the acquisition, exploration, and evaluation of natural resource properties in the United States and Canada. It explores for lithium deposits. The company was incorporated in 2017 and is based in Vancouver, Canada.
ACME Lithium Inc (ACLHF) - Net Assets
Latest net assets as of March 2025: $12.75 Million USD
Based on the latest financial reports, ACME Lithium Inc (ACLHF) has net assets worth $12.75 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.22 Million) and total liabilities ($468.23K). 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 | $12.75 Million |
| % of Total Assets | 96.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 123.28 |
ACME Lithium Inc - Net Assets Trend (2018–2024)
This chart illustrates how ACME Lithium Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ACME Lithium Inc (2018–2024)
The table below shows the annual net assets of ACME Lithium Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $12.43 Million | +0.63% |
| 2023-09-30 | $12.36 Million | -6.64% |
| 2022-09-30 | $13.24 Million | +258.43% |
| 2021-09-30 | $3.69 Million | +467.48% |
| 2020-09-30 | $-1.00 Million | -35.40% |
| 2019-09-30 | $-742.11K | -97.84% |
| 2018-09-30 | $-375.11K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ACME Lithium Inc'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 739249000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $20.44 Million | 164.40% |
| Total Equity | $12.43 Million | 100.00% |
ACME Lithium Inc Competitors by Market Cap
The table below lists competitors of ACME Lithium Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
QQHG
NASDAQ:QQHG
|
$562.17K |
|
Jade Leader Corp
PINK:MCKRF
|
$562.48K |
|
NKGen Biotech, Inc. Warrants
NASDAQ:NKGNW
|
$562.52K |
|
BRUNSWICK (BWI.SG)
STU:BWI
|
$562.70K |
|
INDRA SISTEMAS -A- (IDA.SG)
STU:IDA
|
$561.55K |
|
Tritax Big Box REIT plc
LSE:BBOX
|
$561.54K |
|
Guldbrev Holding AB (publ)
ST:GULD
|
$561.46K |
|
Urban Infrastructure Group Inc.
V:UIG
|
$561.29K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ACME Lithium Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,355,659 to 12,433,773, a change of 78,114 (0.6%).
- Net loss of 886,109 reduced equity.
- New share issuances of 977,749 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-886.11K | -7.13% |
| Share Issuances | $977.75K | +7.86% |
| Other Changes | $-13.53K | -0.11% |
| Total Change | $- | 0.63% |
Book Value vs Market Value Analysis
This analysis compares ACME Lithium Inc'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: 0.06x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-09-30 | $-0.01 | $0.03 | x |
| 2019-09-30 | $-0.01 | $0.03 | x |
| 2020-09-30 | $-0.02 | $0.03 | x |
| 2022-09-30 | $0.25 | $0.03 | x |
| 2023-09-30 | $0.21 | $0.03 | x |
| 2024-09-30 | $0.49 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ACME Lithium Inc 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): -7.13%
- 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: 1.03x
- Recent ROE (-7.13%) is above the historical average (-9.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -223.17% | 1.52x | 0.00x | $-154.57K |
| 2019 | 0.00% | -733.92% | 1.09x | 0.00x | $-323.28K |
| 2020 | 0.00% | -637.83% | 0.81x | 0.00x | $-162.23K |
| 2021 | -16.72% | 0.00% | 0.00x | 1.07x | $-986.71K |
| 2022 | -26.63% | 0.00% | 0.00x | 1.07x | $-4.85 Million |
| 2023 | -13.80% | 0.00% | 0.00x | 1.06x | $-2.94 Million |
| 2024 | -7.13% | 0.00% | 0.00x | 1.03x | $-2.13 Million |
Industry Comparison
This section compares ACME Lithium Inc'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: $2,707,377,273
- Average return on equity (ROE) among peers: -80.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ACME Lithium Inc (ACLHF) | $12.75 Million | 0.00% | 0.04x | $561.74K |
| 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 |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |