Li-Metal Corp.
Li-Metal Corp. engages in the development, production, and sale of metallic lithium metal and anode materials. The company also researched, develops, and commercializes lithium metal production technologies for use in batteries. In addition, it reprocesses scrap lithium metal from various sources into metal ingots. Li-Metal Corp. is headquartered in Markham, Canada.
Li-Metal Corp. (LIMFF) - Net Assets
Latest net assets as of March 2024: $6.18 Million USD
Based on the latest financial reports, Li-Metal Corp. (LIMFF) has net assets worth $6.18 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.61 Million) and total liabilities ($1.43 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 | $6.18 Million |
| % of Total Assets | 81.25% |
| Annual Growth Rate | 20.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 324.63 |
Li-Metal Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Li-Metal 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 Li-Metal Corp. (2021–2024)
The table below shows the annual net assets of Li-Metal Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $6.18 Million | -56.92% |
| 2023-03-31 | $14.36 Million | -44.60% |
| 2022-03-31 | $25.92 Million | +637.80% |
| 2021-03-31 | $3.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Li-Metal 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 4477920000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $54.60 Million | 882.75% |
| Total Equity | $6.18 Million | 100.00% |
Li-Metal Corp. Competitors by Market Cap
The table below lists competitors of Li-Metal Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orapi SA
PA:ORAP
|
$2.67 Million |
|
MCDONALD'S (MDO.SG)
STU:MDO
|
$2.67 Million |
|
Sarthak Metals Limited
NSE:SMLT
|
$2.67 Million |
|
Reklaim Ltd
V:MYID
|
$2.67 Million |
|
Maison Antoine Baud Société Anonyme
PA:MLMAB
|
$2.67 Million |
|
Treasure & Shipwreck Recovery Inc
PINK:BLIS
|
$2.67 Million |
|
Quebec Precious Metals Corporation
OTCQB:CJCFF
|
$2.66 Million |
|
Soup Restaurant Group Limited
F:SR6
|
$2.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Li-Metal Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,358,035 to 6,184,969, a change of -8,173,066 (-56.9%).
- Net loss of 13,487,614 reduced equity.
- Other factors increased equity by 5,314,548.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.49 Million | -218.07% |
| Other Changes | $5.31 Million | +85.93% |
| Total Change | $- | -56.92% |
Book Value vs Market Value Analysis
This analysis compares Li-Metal 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: 0.49x
- 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 decreased from 0.61x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | $0.03 | $0.02 | x |
| 2022-03-31 | $0.17 | $0.02 | x |
| 2023-03-31 | $0.09 | $0.02 | x |
| 2024-03-31 | $0.04 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Li-Metal 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): -218.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4325.68%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.23x
- Recent ROE (-218.07%) is below the historical average (-115.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -84.30% | 0.00% | 0.00x | 1.04x | $-3.31 Million |
| 2022 | -72.29% | 0.00% | 0.00x | 1.07x | $-21.33 Million |
| 2023 | -87.45% | 0.00% | 0.00x | 1.18x | $-13.99 Million |
| 2024 | -218.07% | -4325.68% | 0.04x | 1.23x | $-14.11 Million |
Industry Comparison
This section compares Li-Metal Corp.'s net assets metrics with peer companies in the same industry.
No peer company data available for comparison.