Nevada Lithium Resources Inc
Nevada Lithium Resources Inc. engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. The company explores for lithium deposits. It holds a 100% interest in the Bonnie Claire project located in Nye County, Nevada. The company was formerly known as Hermes Acquisition Corp. and changed its name to Nevada Lithium Resources Inc. in March 2021. N… Read more
Nevada Lithium Resources Inc (NVLHF) - Net Assets
Latest net assets as of October 2025: $43.11 Million USD
Based on the latest financial reports, Nevada Lithium Resources Inc (NVLHF) has net assets worth $43.11 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($43.32 Million) and total liabilities ($216.98K). 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 | $43.11 Million |
| % of Total Assets | 99.5% |
| Annual Growth Rate | 72.18% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 183.61 |
Nevada Lithium Resources Inc - Net Assets Trend (2021–2025)
This chart illustrates how Nevada Lithium Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nevada Lithium Resources Inc (2021–2025)
The table below shows the annual net assets of Nevada Lithium Resources Inc from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $43.56 Million | +9.35% |
| 2024-04-30 | $39.84 Million | +440.42% |
| 2023-04-30 | $7.37 Million | -13.52% |
| 2022-04-30 | $8.52 Million | +71.97% |
| 2021-04-30 | $4.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nevada Lithium Resources Inc'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 811112200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $51.81 Million | 118.94% |
| Total Equity | $43.56 Million | 100.00% |
Nevada Lithium Resources Inc Competitors by Market Cap
The table below lists competitors of Nevada Lithium Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samyang Tongsang Co. Ltd.
KO:002170
|
$29.68 Million |
|
Yatra Online Inc
NASDAQ:YTRA
|
$29.69 Million |
|
Master Style PCL
BK:MASTER
|
$29.69 Million |
|
PB Bankshares Inc
NASDAQ:PBBK
|
$29.70 Million |
|
Shinwha Intertek Corp
KQ:056700
|
$29.68 Million |
|
Roularta Media Group N.V.
LSE:0HC8
|
$29.68 Million |
|
Grupo Casas Bahia S.A.
SA:BHIA3
|
$29.67 Million |
|
Rua Gold Inc
OTCQB:NZAUF
|
$29.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nevada Lithium Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 39,836,720 to 43,561,517, a change of 3,724,797 (9.4%).
- Net loss of 2,282,999 reduced equity.
- New share issuances of 6,000,001 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.28 Million | -5.24% |
| Share Issuances | $6.00 Million | +13.77% |
| Other Changes | $7.79K | +0.02% |
| Total Change | $- | 9.35% |
Book Value vs Market Value Analysis
This analysis compares Nevada Lithium Resources Inc'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: 0.69x
- 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 1.15x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-04-30 | $0.10 | $0.12 | x |
| 2022-04-30 | $0.14 | $0.12 | x |
| 2023-04-30 | $0.12 | $0.12 | x |
| 2024-04-30 | $0.19 | $0.12 | x |
| 2025-04-30 | $0.17 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nevada Lithium Resources Inc 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): -5.24%
- 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: 1.01x
- Recent ROE (-5.24%) is above the historical average (-13.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -26.95% | 0.00% | 0.00x | 1.03x | $-3.15 Million |
| 2023 | -15.63% | 0.00% | 0.00x | 1.84x | $-1.89 Million |
| 2024 | -6.01% | 0.00% | 0.00x | 1.02x | $-6.38 Million |
| 2025 | -5.24% | 0.00% | 0.00x | 1.01x | $-6.64 Million |
Industry Comparison
This section compares Nevada Lithium Resources Inc'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 |
|---|---|---|---|---|
| Nevada Lithium Resources Inc (NVLHF) | $43.11 Million | -26.95% | 0.01x | $29.68 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 |