Lithium Energi Exploration Inc
Lithium Energi Exploration Inc. engages in the acquisition, exploration, and evaluating of lithium properties in Argentina. Its flagship property is the Antofalla Norte project comprising approximately 16,000 hectares located in Catamarca, Argentina. The company was formerly known as Portola Resources Inc. and changed its name to Lithium Energi Exploration Inc. in March 2017. The company was inco… Read more
Lithium Energi Exploration Inc (LXENF) - Net Assets
Latest net assets as of November 2024: $747.68K USD
Based on the latest financial reports, Lithium Energi Exploration Inc (LXENF) has net assets worth $747.68K USD as of November 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.24 Million) and total liabilities ($7.50 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 | $747.68K |
| % of Total Assets | 9.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | -788.69% |
| 10-Year Change | -590.28% |
| Growth Volatility | 1109.4 |
Lithium Energi Exploration Inc - Net Assets Trend (2011–2024)
This chart illustrates how Lithium Energi Exploration 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 Lithium Energi Exploration Inc (2011–2024)
The table below shows the annual net assets of Lithium Energi Exploration Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-02-29 | $-1.13 Million | +83.29% |
| 2023-02-28 | $-6.74 Million | -231.49% |
| 2022-02-28 | $-2.03 Million | -149.03% |
| 2021-02-28 | $-816.16K | -599.18% |
| 2020-02-29 | $163.50K | -82.68% |
| 2019-02-28 | $943.95K | -82.26% |
| 2018-02-28 | $5.32 Million | +264.08% |
| 2017-02-28 | $1.46 Million | +3578.37% |
| 2016-02-29 | $39.74K | -82.70% |
| 2015-02-28 | $229.67K | -52.70% |
| 2014-02-28 | $485.58K | +50.17% |
| 2013-02-28 | $323.36K | -41.16% |
| 2012-02-29 | $549.55K | +199.12% |
| 2011-02-28 | $183.72K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lithium Energi Exploration 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 3051781200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $24.97 Million | % |
| Other Comprehensive Income | $4.55 Million | % |
| Total Equity | $-1.13 Million | 100.00% |
Lithium Energi Exploration Inc Competitors by Market Cap
The table below lists competitors of Lithium Energi Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AMICUS THERA
BE:AM6
|
$120.45K |
|
MCNB Banks Inc
PINK:MKIN
|
$120.48K |
|
Decklar Resources Inc
PINK:DKLRF
|
$120.50K |
|
GB Sciences Inc
PINK:GBLX
|
$120.50K |
|
ALARIS EQ.PRT.INC.TR.REGS
F:5UK
|
$120.21K |
|
Piscines Jean Desjoyaux
BE:DJX
|
$120.12K |
|
BMEB4F
SA:BMEB4F
|
$120.10K |
|
ALPS ELECTRIC CO
MU:ALE
|
$120.09K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lithium Energi Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -6,737,398 to -1,126,010, a change of 5,611,388.
- Net loss of 9,564,000 reduced equity.
- New share issuances of 500,000 increased equity.
- Other comprehensive income increased equity by 4,545,905.
- Other factors increased equity by 10,129,483.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.56 Million | -849.37% |
| Share Issuances | $500.00K | +44.4% |
| Other Comprehensive Income | $4.55 Million | +403.72% |
| Other Changes | $10.13 Million | +899.59% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Lithium Energi Exploration 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-02-28 | $0.15 | $0.01 | x |
| 2012-02-29 | $0.19 | $0.01 | x |
| 2013-02-28 | $0.05 | $0.01 | x |
| 2014-02-28 | $0.05 | $0.01 | x |
| 2015-02-28 | $0.02 | $0.01 | x |
| 2016-02-29 | $0.00 | $0.01 | x |
| 2017-02-28 | $0.09 | $0.01 | x |
| 2018-02-28 | $0.10 | $0.01 | x |
| 2019-02-28 | $0.01 | $0.01 | x |
| 2020-02-29 | $0.00 | $0.01 | x |
| 2021-02-28 | $-0.01 | $0.01 | x |
| 2022-02-28 | $-0.03 | $0.01 | x |
| 2023-02-28 | $-0.10 | $0.01 | x |
| 2024-02-29 | $-0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lithium Energi Exploration 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): 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 (-207.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -67.04% | 0.00% | 0.00x | 1.02x | $-141.55K |
| 2012 | -44.22% | 0.00% | 0.00x | 1.06x | $-297.99K |
| 2013 | -69.89% | 0.00% | 0.00x | 1.11x | $-258.34K |
| 2014 | -174.64% | 0.00% | 0.00x | 1.08x | $-896.56K |
| 2015 | -111.43% | 0.00% | 0.00x | 1.07x | $-278.88K |
| 2016 | -666.82% | 0.00% | 0.00x | 1.86x | $-268.97K |
| 2017 | -25.22% | 0.00% | 0.00x | 1.04x | $-514.86K |
| 2018 | -75.25% | 0.00% | 0.00x | 2.43x | $-4.54 Million |
| 2019 | -615.61% | 0.00% | 0.00x | 7.91x | $-5.91 Million |
| 2020 | -1059.80% | 0.00% | 0.00x | 44.34x | $-1.75 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.64 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.67 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.03 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.45 Million |
Industry Comparison
This section compares Lithium Energi Exploration 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 |
|---|---|---|---|---|
| Lithium Energi Exploration Inc (LXENF) | $747.68K | -67.04% | 10.02x | $120.35K |
| 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 |