Grounded Lithium Corp.
Grounded Lithium Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. It processes lithium metal from brine liquids. The company's flagship project is the Kindersley lithium project located in Saskatchewan, Canada. The company is headquartered in Calgary, Canada.
Grounded Lithium Corp. (GRD) - Net Assets
Latest net assets as of September 2025: CA$2.11 Million CAD
Based on the latest financial reports, Grounded Lithium Corp. (GRD) has net assets worth CA$2.11 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.39 Million) and total liabilities (CA$282.56K). 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 | CA$2.11 Million |
| % of Total Assets | 88.19% |
| Annual Growth Rate | -2.92% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 73.12 |
Grounded Lithium Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Grounded Lithium Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grounded Lithium Corp. (2021–2024)
The table below shows the annual net assets of Grounded Lithium Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.15 Million | -25.21% |
| 2023-12-31 | CA$2.87 Million | -44.27% |
| 2022-12-31 | CA$5.16 Million | +119.48% |
| 2021-12-31 | CA$2.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grounded Lithium 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 1223966800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$14.77 Million | 686.81% |
| Total Equity | CA$2.15 Million | 100.00% |
Grounded Lithium Corp. Competitors by Market Cap
The table below lists competitors of Grounded Lithium Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pure Resources Ltd
AU:PR1
|
$3.16 Million |
|
Hiron-Trade Investments & Industrial Buildings Ltd
TA:HRON
|
$3.16 Million |
|
KACLF
PINK:KACLF
|
$3.16 Million |
|
WIDE OPEN AGRICUL
F:2WO
|
$3.17 Million |
|
Mex Polska S.A.
WAR:MEX
|
$3.16 Million |
|
PT Mitra Pack Tbk
JK:PTMP
|
$3.16 Million |
|
Hitechpros
PA:ALHIT
|
$3.16 Million |
|
Bullet Exploration Inc
V:AMMO
|
$3.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grounded Lithium Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,874,566 to 2,149,978, a change of -724,588 (-25.2%).
- Net loss of 1,073,898 reduced equity.
- Other factors increased equity by 349,310.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.07 Million | -49.95% |
| Other Changes | CA$349.31K | +16.25% |
| Total Change | CA$- | -25.21% |
Book Value vs Market Value Analysis
This analysis compares Grounded Lithium 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: 2.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.57x to 2.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$0.04 | CA$0.07 | x |
| 2022-12-31 | CA$0.09 | CA$0.07 | x |
| 2023-12-31 | CA$0.04 | CA$0.07 | x |
| 2024-12-31 | CA$0.03 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grounded Lithium Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -49.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.36x
- Recent ROE (-49.95%) is above the historical average (-86.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -16.03% | 0.00% | 0.00x | 1.06x | CA$-611.62K |
| 2022 | -135.29% | 0.00% | 0.00x | 1.17x | CA$-7.49 Million |
| 2023 | -145.66% | 0.00% | 0.00x | 1.17x | CA$-4.47 Million |
| 2024 | -49.95% | 0.00% | 0.00x | 1.36x | CA$-1.29 Million |
Industry Comparison
This section compares Grounded Lithium 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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grounded Lithium Corp. (GRD) | CA$2.11 Million | -16.03% | 0.13x | $3.16 Million |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |