HZLID
Hertz Energy Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It explores for lithium and antimony deposits. It also acquires the Agastya Lithium Property comprising of 209 mineral claims covering approximately 10,650 hectares located in the Province of Québec. The company was formerly known as Hertz Lithiu… Read more
HZLID (HZLID) - Net Assets
Latest net assets as of October 2024: $6.48 Million USD
Based on the latest financial reports, HZLID (HZLID) has net assets worth $6.48 Million USD as of October 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.84 Million) and total liabilities ($1.36 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 | $6.48 Million |
| % of Total Assets | 82.69% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 460.3 |
HZLID - Net Assets Trend (2021–2024)
This chart illustrates how HZLID's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HZLID (2021–2024)
The table below shows the annual net assets of HZLID from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-07-31 | $6.83 Million | +648.59% |
| 2023-07-31 | $912.95K | +1569.19% |
| 2022-07-31 | $54.69K | +4243.48% |
| 2021-07-31 | $-1.32K | -- |
Equity Component Analysis
This analysis shows how different components contribute to HZLID'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 414131600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $10.98 Million | 160.62% |
| Total Equity | $6.83 Million | 100.00% |
HZLID Competitors by Market Cap
The table below lists competitors of HZLID ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Watawala Plantations PLC
CM:WATAN0000
|
$1.49K |
|
Colombo Land and Development Company PLC
CM:CLNDN0000
|
$1.49K |
|
Ellwee AB
ST:ELLWEE
|
$1.49K |
|
On’ally Holdings PLC
CM:ONALN0000
|
$1.49K |
|
Netz Hotels Ltd
TA:NZHT
|
$1.49K |
|
POWMF
OTCQB:POWMF
|
$1.48K |
|
TULLOW OIL (TQW.SG)
STU:TQW
|
$1.48K |
|
HAPPY WORLD PROPERTY LTD
SEM:HWP
|
$1.48K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HZLID's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 912,948 to 6,834,226, a change of 5,921,278 (648.6%).
- Net loss of 2,680,215 reduced equity.
- New share issuances of 2,513,855 increased equity.
- Other factors increased equity by 6,087,638.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.68 Million | -39.22% |
| Share Issuances | $2.51 Million | +36.78% |
| Other Changes | $6.09 Million | +89.08% |
| Total Change | $- | 648.59% |
Book Value vs Market Value Analysis
This analysis compares HZLID'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: 0.36x
- 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 |
|---|---|---|---|
| 2021-07-31 | $0.00 | $0.15 | x |
| 2022-07-31 | $0.01 | $0.15 | x |
| 2023-07-31 | $0.12 | $0.15 | x |
| 2024-07-31 | $0.41 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HZLID 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): -39.22%
- 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: 1.22x
- Recent ROE (-39.22%) is above the historical average (-134.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $88.00 |
| 2022 | -358.86% | 0.00% | 0.00x | 3.83x | $-201.74K |
| 2023 | -138.54% | 0.00% | 0.00x | 1.32x | $-1.36 Million |
| 2024 | -39.22% | 0.00% | 0.00x | 1.22x | $-3.36 Million |
Industry Comparison
This section compares HZLID'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 |
|---|---|---|---|---|
| HZLID (HZLID) | $6.48 Million | 0.00% | 0.21x | $1.49K |
| 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 |