D2 Lithium Corp.
D2 Lithium Corp. engages in the identification, evaluation, and acquisition of mineral properties in the United States, Canada, and Argentina. The company primarily explores for lithium. It holds 100 % interest in the Teels Marsh Valley Lithium project with 386 claims located in Nevada. D2 Lithium Corp. is headquartered in Langley, Canada.
D2 Lithium Corp. (DTWOF) - Net Assets
Latest net assets as of August 2025: $4.94 Million USD
Based on the latest financial reports, D2 Lithium Corp. (DTWOF) has net assets worth $4.94 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.36 Million) and total liabilities ($425.48K). 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 | $4.94 Million |
| % of Total Assets | 92.07% |
| Annual Growth Rate | 6.2% |
| 5-Year Change | 54.81% |
| 10-Year Change | N/A |
| Growth Volatility | 52.08 |
D2 Lithium Corp. - Net Assets Trend (2019–2024)
This chart illustrates how D2 Lithium 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 D2 Lithium Corp. (2019–2024)
The table below shows the annual net assets of D2 Lithium Corp. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $5.26 Million | +113.25% |
| 2023-11-30 | $2.46 Million | -37.35% |
| 2022-11-30 | $3.93 Million | +20.93% |
| 2021-11-30 | $3.25 Million | -4.18% |
| 2020-11-30 | $3.39 Million | -12.72% |
| 2019-11-30 | $3.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to D2 Lithium 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 2029032100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $53.16 Million | 1011.44% |
| Total Equity | $5.26 Million | 100.00% |
D2 Lithium Corp. Competitors by Market Cap
The table below lists competitors of D2 Lithium Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gathid Ltd
AU:GTH
|
$1.40 Million |
|
HYDRIX Ltd
AU:HYD
|
$1.40 Million |
|
ELMOS SEMICONDUCTOR - Dusseldorf Stock Exchang
DU:ELG
|
$1.40 Million |
|
NorthView Acquisition Corporation Warrant
PINK:NVACW
|
$1.40 Million |
|
Samsung Life Insurance Co. Ltd.
KQ:032830
|
$1.40 Million |
|
Grand Central Enterprises Bhd
KLSE:5592
|
$1.40 Million |
|
Umiya Buildcon Limited
NSE:UMIYA-MRO
|
$1.40 Million |
|
Cardno Ltd
AU:CDD
|
$1.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in D2 Lithium Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,464,575 to 5,255,699, a change of 2,791,124 (113.2%).
- Net income of 2,791,124 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.79 Million | +53.11% |
| Total Change | $- | 113.25% |
Book Value vs Market Value Analysis
This analysis compares D2 Lithium 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: 0.28x
- 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 increased from 0.16x to 0.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-11-30 | $0.26 | $0.04 | x |
| 2020-11-30 | $0.21 | $0.04 | x |
| 2021-11-30 | $0.20 | $0.04 | x |
| 2022-11-30 | $0.11 | $0.04 | x |
| 2023-11-30 | $0.07 | $0.04 | x |
| 2024-11-30 | $0.15 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently D2 Lithium 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): 53.11%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (53.11%) is above the historical average (-95.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -9.21% | 0.00% | 0.00x | 1.07x | $-747.31K |
| 2020 | -27.29% | 0.00% | 0.00x | 1.08x | $-1.27 Million |
| 2021 | -9.97% | 0.00% | 0.00x | 1.25x | $-649.71K |
| 2022 | -517.60% | 0.00% | 0.00x | 1.28x | $-20.75 Million |
| 2023 | -59.62% | 0.00% | 0.00x | 1.67x | $-1.72 Million |
| 2024 | 53.11% | 0.00% | 0.00x | 1.08x | $2.27 Million |
Industry Comparison
This section compares D2 Lithium Corp.'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 |
|---|---|---|---|---|
| D2 Lithium Corp. (DTWOF) | $4.94 Million | -9.21% | 0.09x | $1.40 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 |