Ion Energy Ltd
Lithium ION Energy Ltd. engages in the acquisition and exploration of mineral properties in Mongolia. The company explores for lithium deposits. Its flagship property is the Baavhai Uul Lithium Brine project that covers approximately an area of 63,000 hectares located in Mongolia. The company was formerly known as Ion Energy Ltd. and changed its name to Lithium ION Energy Ltd. in August 2023. Lit… Read more
Ion Energy Ltd (IONGF) - Net Assets
Latest net assets as of September 2025: $48.13K USD
Based on the latest financial reports, Ion Energy Ltd (IONGF) has net assets worth $48.13K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.34 Million) and total liabilities ($1.29 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 | $48.13K |
| % of Total Assets | 3.59% |
| Annual Growth Rate | -1.87% |
| 5-Year Change | -92.86% |
| 10-Year Change | N/A |
| Growth Volatility | 479.56 |
Ion Energy Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Ion Energy Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ion Energy Ltd (2019–2024)
The table below shows the annual net assets of Ion Energy Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $176.15K | -92.00% |
| 2023-12-31 | $2.20 Million | -31.75% |
| 2022-12-31 | $3.23 Million | -43.22% |
| 2021-12-31 | $5.68 Million | +130.28% |
| 2020-12-31 | $2.47 Million | +1175.06% |
| 2019-12-31 | $193.59K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ion Energy Ltd'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 1231475300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $15.39 Million | 8736.49% |
| Total Equity | $176.15K | 100.00% |
Ion Energy Ltd Competitors by Market Cap
The table below lists competitors of Ion Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northbaze Group AB
ST:NBZ
|
$1.25 Million |
|
GSP Resource Corp
PINK:GSRCF
|
$1.25 Million |
|
Xinda International Corp
PINK:XNDA
|
$1.25 Million |
|
Tamilnadu Telecommunication Limited
NSE:TNTELE
|
$1.25 Million |
|
Jiuzi Holdings Inc
NASDAQ:JZXN
|
$1.24 Million |
|
Niocan Inc
PINK:NIOCF
|
$1.24 Million |
|
AB Kauno Energija
STU:WVJ
|
$1.24 Million |
|
Elixinol Global Ltd
PINK:ELLXF
|
$1.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ion Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,202,795 to 176,148, a change of -2,026,647 (-92.0%).
- Net loss of 2,199,848 reduced equity.
- Other factors increased equity by 173,201.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.20 Million | -1248.86% |
| Other Changes | $173.20K | +98.33% |
| Total Change | $- | -92.00% |
Book Value vs Market Value Analysis
This analysis compares Ion Energy Ltd'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: 8.22x
- 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 increased from 5.60x to 8.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.00 | $0.02 | x |
| 2020-12-31 | $0.05 | $0.02 | x |
| 2021-12-31 | $0.09 | $0.02 | x |
| 2022-12-31 | $0.05 | $0.02 | x |
| 2023-12-31 | $0.03 | $0.02 | x |
| 2024-12-31 | $0.00 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ion Energy Ltd 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): -1248.86%
- 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: 7.83x
- Recent ROE (-1248.86%) is below the historical average (-404.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -830.10% | 0.00% | 0.00x | 6.61x | $-1.63 Million |
| 2020 | -120.20% | 0.00% | 0.00x | 1.13x | $-3.21 Million |
| 2021 | -39.11% | 0.00% | 0.00x | 1.14x | $-2.79 Million |
| 2022 | -78.42% | 0.00% | 0.00x | 1.16x | $-2.85 Million |
| 2023 | -108.70% | 0.00% | 0.00x | 1.54x | $-2.61 Million |
| 2024 | -1248.86% | 0.00% | 0.00x | 7.83x | $-2.22 Million |
Industry Comparison
This section compares Ion Energy Ltd'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 |
|---|---|---|---|---|
| Ion Energy Ltd (IONGF) | $48.13K | -830.10% | 26.85x | $1.25 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 |