Lithium Ionic Corp
Lithium Ionic Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of lithium properties in Brazil. Its flagship properties include a 100% interest in the Itinga lithium project with seven mineral licenses covering an area of approximately 1,300 hectares located in the Aracuai lithium province; and 85% interest in the Salinas project located in the north… Read more
Lithium Ionic Corp (LTHCF) - Net Assets
Latest net assets as of September 2025: $10.90 Million USD
Based on the latest financial reports, Lithium Ionic Corp (LTHCF) has net assets worth $10.90 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($48.92 Million) and total liabilities ($38.02 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 | $10.90 Million |
| % of Total Assets | 22.27% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 213.44 |
Lithium Ionic Corp - Net Assets Trend (2021–2024)
This chart illustrates how Lithium Ionic 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 Lithium Ionic Corp (2021–2024)
The table below shows the annual net assets of Lithium Ionic Corp from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-3.06 Million | -137.37% |
| 2023-12-31 | $8.18 Million | -73.26% |
| 2022-12-31 | $30.58 Million | +344.03% |
| 2021-12-31 | $6.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lithium Ionic 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 11883803600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $116.56 Million | % |
| Total Equity | $-3.06 Million | 100.00% |
Lithium Ionic Corp Competitors by Market Cap
The table below lists competitors of Lithium Ionic Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Interlife General Insurance S.A.
AT:INLIF
|
$89.49 Million |
|
BLOCKCHAIN GRP SA EO-04
F:BC7
|
$89.55 Million |
|
Caravel Minerals Ltd
AU:CVV
|
$89.58 Million |
|
Inovio Pharmaceuticals Inc
NASDAQ:INO
|
$89.63 Million |
|
DORO (DR8A.SG)
STU:DR8A
|
$89.46 Million |
|
Pacific Financial Corp
OTCQX:PFLC
|
$89.42 Million |
|
TRX Gold Corp
TO:TNX
|
$89.41 Million |
|
Stack Capital Group Inc.
PINK:STCGF
|
$89.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lithium Ionic Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,178,656 to -3,056,451, a change of -11,235,107 (-137.4%).
- Net loss of 29,191,978 reduced equity.
- New share issuances of 15,992,800 increased equity.
- Other factors increased equity by 1,964,071.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-29.19 Million | -955.09% |
| Share Issuances | $15.99 Million | +523.25% |
| Other Changes | $1.96 Million | +64.26% |
| Total Change | $- | -137.37% |
Book Value vs Market Value Analysis
This analysis compares Lithium Ionic 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.07 | $0.60 | x |
| 2022-12-31 | $0.26 | $0.60 | x |
| 2023-12-31 | $0.06 | $0.60 | x |
| 2024-12-31 | $-0.02 | $0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lithium Ionic 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-290.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -85.43% | 0.00% | 0.00x | 1.07x | $-29.18 Million |
| 2023 | -786.49% | 0.00% | 0.00x | 1.61x | $-65.14 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.89 Million |
Industry Comparison
This section compares Lithium Ionic 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 |
|---|---|---|---|---|
| Lithium Ionic Corp (LTHCF) | $10.90 Million | -85.43% | 3.49x | $89.48 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 |