Lithium Royalty Corp (LIRC) - Net Assets
Based on the latest financial reports, Lithium Royalty Corp (LIRC) has net assets worth CA$141.87 Million CAD (≈ $102.62 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 (CA$144.69 Million ≈ $104.66 Million USD) and total liabilities (CA$2.82 Million ≈ $2.04 Million USD). 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. Read LIRC current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$141.87 Million |
| % of Total Assets | 98.05% |
| Annual Growth Rate | 35.14% |
| 5-Year Change | 330.14% |
| 10-Year Change | N/A |
| Growth Volatility | 71.69 |
Lithium Royalty Corp - Net Assets Trend (2019–2024)
This chart illustrates how Lithium Royalty Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Lithium Royalty Corp for the complete picture of this company's asset base.
Annual Net Assets for Lithium Royalty Corp (2019–2024)
The table below shows the annual net assets of Lithium Royalty Corp from 2019 to 2024. For live valuation and market cap data, see market value of Lithium Royalty Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$148.82 Million ≈ $107.65 Million |
-0.80% |
| 2023-12-31 | CA$150.02 Million ≈ $108.52 Million |
+6.74% |
| 2022-12-31 | CA$140.55 Million ≈ $101.67 Million |
+40.88% |
| 2021-12-31 | CA$99.76 Million ≈ $72.17 Million |
+188.36% |
| 2020-12-31 | CA$34.60 Million ≈ $25.03 Million |
+4.87% |
| 2019-12-31 | CA$32.99 Million ≈ $23.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lithium Royalty 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 6755687300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$218.85 Million | 150.29% |
| Other Comprehensive Income | CA$-1.90 Million | -1.31% |
| Other Components | CA$2.69 Million | 1.85% |
| Total Equity | CA$145.61 Million | 100.00% |
Lithium Royalty Corp Competitors by Market Cap
The table below lists competitors of Lithium Royalty Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Schaffer Corporation Ltd
AU:SFC
|
$185.11 Million |
|
Tonix Pharmaceuticals Holding Corp
NASDAQ:TNXP
|
$185.24 Million |
|
Dynamix Corporation Class A Ordinary Shares
NASDAQ:DYNX
|
$185.26 Million |
|
Bossa Ticaret ve Sanayi Isletmeleri TAS
IS:BOSSA
|
$185.26 Million |
|
Alkim Kagit Sanayi ve Ticaret AS
IS:ALKA
|
$185.03 Million |
|
Giantplus Technology Co Ltd
TW:8105
|
$185.02 Million |
|
Banco Hipotecario SA
BA:BHIP
|
$184.93 Million |
|
Bukaka Teknik Utama Tbk Pt
JK:BUKK
|
$184.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lithium Royalty Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 146,842,000 to 145,614,000, a change of -1,228,000 (-0.8%).
- Net loss of 2,729,000 reduced equity.
- Other factors increased equity by 1,501,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.73 Million | -1.87% |
| Other Changes | CA$1.50 Million | +1.03% |
| Total Change | CA$- | -0.84% |
Book Value vs Market Value Analysis
This analysis compares Lithium Royalty 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
- Current price-to-book ratio: 4.04x
- 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 18.51x to 4.04x 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 | CA$0.57 | CA$10.52 | x |
| 2020-12-31 | CA$0.60 | CA$10.52 | x |
| 2021-12-31 | CA$2.22 | CA$10.52 | x |
| 2022-12-31 | CA$3.11 | CA$10.52 | x |
| 2023-12-31 | CA$2.74 | CA$10.52 | x |
| 2024-12-31 | CA$2.60 | CA$10.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lithium Royalty Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -90.24%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.05x
- Recent ROE (-1.87%) is below the historical average (-0.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -21.11% | -375.03% | 0.05x | 1.06x | CA$-9.77 Million |
| 2020 | 0.83% | 24.45% | 0.03x | 1.05x | CA$-3.03 Million |
| 2021 | 10.97% | 594.58% | 0.02x | 1.04x | CA$945.80K |
| 2022 | 10.03% | 818.33% | 0.01x | 1.09x | CA$35.07K |
| 2023 | -3.43% | -91.25% | 0.04x | 1.06x | CA$-19.72 Million |
| 2024 | -1.87% | -90.24% | 0.02x | 1.05x | CA$-17.29 Million |
Industry Comparison
This section compares Lithium Royalty 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: $2,951,711
- Average return on equity (ROE) among peers: -34.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lithium Royalty Corp (LIRC) | CA$141.87 Million | -21.11% | 0.02x | $185.06 Million |
| Aftermath Silver Ltd (AAG) | $861.81K | -122.73% | 0.30x | $185.75 Million |
| Aton Resources Inc (AAN) | $-5.02 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $805.58K | -20.73% | 0.03x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $557.59K | -47.89% | 0.13x | $4.67 Million |
| Adex Mining Inc (ADE) | $11.96 Million | -14.72% | 0.26x | $27.09 Million |
| Alphamin Res (AFM) | $1.06 Million | -49.21% | 0.19x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $169.13K | -68.35% | 0.10x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $332.39 Million |
About Lithium Royalty Corp
Lithium Royalty Corp. operates as a lithium-focused royalty company in Canada, the United States, Australia, Argentina, Brazil, and South America. The company's royalty portfolio consists of 35 royalties, including 3 properties in production, 3 properties in construction, and 29 properties in development or exploration. Lithium Royalty Corp. was incorporated in 2017 and is headquartered in Toront… Read more