Rock Tech Lithium Inc
Rock Tech Lithium Inc. engages in the exploration and development of lithium properties. It focuses on developing and optimizing battery grade lithium hydroxide monohydrate. The company holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc. and changed its name to Rock Tech Lithium… Read more
Rock Tech Lithium Inc (RCKTF) - Net Assets
Latest net assets as of September 2025: $35.85 Million USD
Based on the latest financial reports, Rock Tech Lithium Inc (RCKTF) has net assets worth $35.85 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 ($39.08 Million) and total liabilities ($3.23 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 | $35.85 Million |
| % of Total Assets | 91.74% |
| Annual Growth Rate | 31.6% |
| 5-Year Change | 159.78% |
| 10-Year Change | 2354.88% |
| Growth Volatility | 134.26 |
Rock Tech Lithium Inc - Net Assets Trend (2013–2024)
This chart illustrates how Rock Tech Lithium 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 Rock Tech Lithium Inc (2013–2024)
The table below shows the annual net assets of Rock Tech Lithium Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $32.85 Million | -20.70% |
| 2023-12-31 | $41.42 Million | -26.44% |
| 2022-12-31 | $56.31 Million | -9.49% |
| 2021-12-31 | $62.22 Million | +392.02% |
| 2020-12-31 | $12.65 Million | +137.33% |
| 2019-12-31 | $5.33 Million | +17.15% |
| 2018-12-31 | $4.55 Million | -18.85% |
| 2017-12-31 | $5.60 Million | +13.37% |
| 2016-12-31 | $4.94 Million | +269.44% |
| 2015-12-31 | $1.34 Million | +20.92% |
| 2014-12-31 | $1.11 Million | -30.90% |
| 2013-12-31 | $1.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rock Tech Lithium 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 14121936800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $198.09 Million | 603.02% |
| Total Equity | $32.85 Million | 100.00% |
Rock Tech Lithium Inc Competitors by Market Cap
The table below lists competitors of Rock Tech Lithium Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bridger Aerospace Group Holdings, Inc. Common Stock
NASDAQ:BAER
|
$78.09 Million |
|
Iljin Power Co. Ltd
KQ:094820
|
$78.10 Million |
|
Americanas S.A.
SA:AMER3
|
$78.12 Million |
|
Sidus Space Inc
NASDAQ:SIDU
|
$78.15 Million |
|
Dongsung Corporation
KO:102260
|
$78.05 Million |
|
SiS Distribution (Thailand) Public Company Limited
BK:SIS
|
$78.03 Million |
|
KG Eco Technology Services Co. Ltd
KQ:151860
|
$78.02 Million |
|
Uniparts India Limited
NSE:UNIPARTS
|
$77.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rock Tech Lithium Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,424,955 to 32,850,227, a change of -8,574,728 (-20.7%).
- Net loss of 15,290,898 reduced equity.
- New share issuances of 3,313,798 increased equity.
- Other factors increased equity by 3,402,372.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.29 Million | -46.55% |
| Share Issuances | $3.31 Million | +10.09% |
| Other Changes | $3.40 Million | +10.36% |
| Total Change | $- | -20.70% |
Book Value vs Market Value Analysis
This analysis compares Rock Tech Lithium 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: 2.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.38x to 2.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.17 | $0.74 | x |
| 2018-12-31 | $0.13 | $0.74 | x |
| 2019-12-31 | $0.15 | $0.74 | x |
| 2020-12-31 | $0.26 | $0.74 | x |
| 2021-12-31 | $0.86 | $0.74 | x |
| 2022-12-31 | $0.66 | $0.74 | x |
| 2023-12-31 | $0.41 | $0.74 | x |
| 2024-12-31 | $0.32 | $0.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rock Tech Lithium 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): -46.55%
- 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: 1.09x
- Recent ROE (-46.55%) is above the historical average (-77.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -325.84% | 0.00% | 0.00x | 2.18x | $-5.38 Million |
| 2014 | -129.16% | 0.00% | 0.00x | 1.98x | $-1.54 Million |
| 2015 | -8.59% | 0.00% | 0.00x | 1.34x | $-248.83K |
| 2016 | -23.23% | 0.00% | 0.00x | 1.06x | $-1.64 Million |
| 2017 | -58.45% | 0.00% | 0.00x | 1.06x | $-3.84 Million |
| 2018 | -75.73% | 0.00% | 0.00x | 1.06x | $-3.90 Million |
| 2019 | -19.69% | 0.00% | 0.00x | 1.05x | $-1.58 Million |
| 2020 | -24.04% | 0.00% | 0.00x | 1.06x | $-4.30 Million |
| 2021 | -35.62% | 0.00% | 0.00x | 1.16x | $-28.38 Million |
| 2022 | -109.46% | 0.00% | 0.00x | 1.15x | $-67.28 Million |
| 2023 | -69.09% | 0.00% | 0.00x | 1.13x | $-32.76 Million |
| 2024 | -46.55% | 0.00% | 0.00x | 1.09x | $-18.58 Million |
Industry Comparison
This section compares Rock Tech Lithium 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 |
|---|---|---|---|---|
| Rock Tech Lithium Inc (RCKTF) | $35.85 Million | -325.84% | 0.09x | $78.08 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 |