NOA Lithium Brines Inc.
NOA Lithium Brines Inc. engages in exploration and evaluation of mining assets in Argentina. The company explores for lithium deposits. Its flagship property is the 100% owned Rio Grande project, which covers an area of approximately 37,000 hectares of claims located at the Rio Grande Salar in the Salta Province. NOA Lithium Brines Inc. is based in Toronto, Canada.
NOA Lithium Brines Inc. (NLIBF) - Net Assets
Latest net assets as of September 2025: $8.55 Million USD
Based on the latest financial reports, NOA Lithium Brines Inc. (NLIBF) has net assets worth $8.55 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 ($8.71 Million) and total liabilities ($158.65K). 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 | $8.55 Million |
| % of Total Assets | 98.18% |
| Annual Growth Rate | 485.8% |
| 5-Year Change | 994678.29% |
| 10-Year Change | N/A |
| Growth Volatility | 87876.08 |
NOA Lithium Brines Inc. - Net Assets Trend (2019–2024)
This chart illustrates how NOA Lithium Brines 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 NOA Lithium Brines Inc. (2019–2024)
The table below shows the annual net assets of NOA Lithium Brines Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $15.12 Million | +19.14% |
| 2023-12-31 | $12.69 Million | +364.01% |
| 2022-12-31 | $2.74 Million | +219773.55% |
| 2021-12-31 | $1.24K | -18.16% |
| 2020-12-31 | $1.52K | -30.40% |
| 2019-12-31 | $2.18K | -- |
Equity Component Analysis
This analysis shows how different components contribute to NOA Lithium Brines 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 3320363800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $48.33 Million | 319.63% |
| Total Equity | $15.12 Million | 100.00% |
NOA Lithium Brines Inc. Competitors by Market Cap
The table below lists competitors of NOA Lithium Brines Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hongkong Chinese Limited
F:HKC
|
$25.90 Million |
|
WIZ CORP Inc
KQ:038620
|
$25.91 Million |
|
Mediaco Holding Inc
NASDAQ:MDIA
|
$25.91 Million |
|
Capinfo Company Limited
F:CF90
|
$25.92 Million |
|
Alldigi Tech Limited
NSE:ALLDIGI
|
$25.87 Million |
|
BG T&A Co
KQ:046310
|
$25.86 Million |
|
PT Indo Boga Sukses Tbk
JK:IBOS
|
$25.86 Million |
|
GOLDPAC GROUP LTD
F:G9D
|
$25.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NOA Lithium Brines Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,691,796 to 15,120,630, a change of 2,428,834 (19.1%).
- Net loss of 20,211,290 reduced equity.
- New share issuances of 15,538,432 increased equity.
- Other factors increased equity by 7,101,692.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.21 Million | -133.67% |
| Share Issuances | $15.54 Million | +102.76% |
| Other Changes | $7.10 Million | +46.97% |
| Total Change | $- | 19.14% |
Book Value vs Market Value Analysis
This analysis compares NOA Lithium Brines 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: 3.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 9703.00x to 3.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.00 | $0.23 | x |
| 2020-12-31 | $0.00 | $0.23 | x |
| 2021-12-31 | $0.00 | $0.23 | x |
| 2022-12-31 | $0.03 | $0.23 | x |
| 2023-12-31 | $0.11 | $0.23 | x |
| 2024-12-31 | $0.07 | $0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NOA Lithium Brines 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): -133.67%
- 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 (-133.67%) is below the historical average (-67.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -69.92% | 0.00% | 0.00x | 1.00x | $-1.75K |
| 2020 | -35.92% | 0.00% | 0.00x | 1.00x | $-698.00 |
| 2021 | -50.40% | 0.00% | 0.00x | 1.00x | $-751.40 |
| 2022 | -19.24% | 0.00% | 0.00x | 2.24x | $-799.76K |
| 2023 | -93.87% | 0.00% | 0.00x | 1.07x | $-13.18 Million |
| 2024 | -133.67% | 0.00% | 0.00x | 1.09x | $-21.72 Million |
Industry Comparison
This section compares NOA Lithium Brines 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 |
|---|---|---|---|---|
| NOA Lithium Brines Inc. (NLIBF) | $8.55 Million | -69.92% | 0.02x | $25.88 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 |