Imagine Lithium Inc
Imagine Lithium Inc., a junior mineral exploration company, acquires, explores, and evaluates mineral properties in North America. Its flagship project is its 100% owned Jackpot Lithium property located in the Georgia Lake Area of Thunder Bay, Ontario. The company was formerly known as Infinite Ore Corp. and changed its name to Imagine Lithium Inc. in February 2022. Imagine Lithium Inc. was incor… Read more
Imagine Lithium Inc (ILI) - Net Assets
Latest net assets as of October 2025: CA$19.94 Million CAD
Based on the latest financial reports, Imagine Lithium Inc (ILI) has net assets worth CA$19.94 Million CAD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$20.17 Million) and total liabilities (CA$234.08K). 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$19.94 Million |
| % of Total Assets | 98.84% |
| Annual Growth Rate | 22.57% |
| 5-Year Change | 168.14% |
| 10-Year Change | N/A |
| Growth Volatility | 189.36 |
Imagine Lithium Inc - Net Assets Trend (2006–2025)
This chart illustrates how Imagine 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 Imagine Lithium Inc (2006–2025)
The table below shows the annual net assets of Imagine Lithium Inc from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | CA$18.09 Million | +1.51% |
| 2024-01-31 | CA$17.82 Million | +66.57% |
| 2023-01-31 | CA$10.70 Million | -16.10% |
| 2022-01-31 | CA$12.75 Million | +89.01% |
| 2021-01-31 | CA$6.75 Million | +22.21% |
| 2020-01-31 | CA$5.52 Million | +16.00% |
| 2019-01-31 | CA$4.76 Million | -15.63% |
| 2018-01-31 | CA$5.64 Million | +609.96% |
| 2017-01-31 | CA$794.61K | +223.41% |
| 2016-01-31 | CA$-643.88K | +27.73% |
| 2015-01-31 | CA$-890.96K | -3.00% |
| 2014-01-31 | CA$-865.03K | -141.24% |
| 2013-01-31 | CA$2.10 Million | -34.57% |
| 2012-01-31 | CA$3.21 Million | +93.66% |
| 2011-01-31 | CA$1.66 Million | +111.90% |
| 2010-01-31 | CA$781.12K | -60.19% |
| 2009-01-31 | CA$1.96 Million | +16.39% |
| 2008-01-31 | CA$1.69 Million | +483.87% |
| 2007-01-31 | CA$288.76K | -23.73% |
| 2006-01-31 | CA$378.61K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Imagine 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 2469304500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$42.85 Million | 236.82% |
| Total Equity | CA$18.09 Million | 100.00% |
Imagine Lithium Inc Competitors by Market Cap
The table below lists competitors of Imagine Lithium Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Newpoint Financial Corp.
PINK:NPFC
|
$5.61 Million |
|
HYDROGENONE C.G. LS -01
F:65U
|
$5.61 Million |
|
Amos Luzon Development and Energy Group Ltd
TA:LUZN
|
$5.61 Million |
|
Boqii Holding Limited
NYSE:BQ
|
$5.61 Million |
|
Beijing Jingkelong Company Limited
F:G2M
|
$5.61 Million |
|
Herkules S.A.
WAR:HRS
|
$5.60 Million |
|
ATIF Holdings Limited
NASDAQ:ZBAI
|
$5.60 Million |
|
VinaCapital Vietnam Opportunity Fund
LSE:VOF
|
$5.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Imagine Lithium Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,822,976 to 18,092,102, a change of 269,126 (1.5%).
- Net income of 269,126 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$269.13K | +1.49% |
| Total Change | CA$- | 1.51% |
Book Value vs Market Value Analysis
This analysis compares Imagine 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: 0.46x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.00x to 0.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-01-31 | CA$42.43 | CA$0.03 | x |
| 2007-01-31 | CA$27.50 | CA$0.03 | x |
| 2008-01-31 | CA$86.94 | CA$0.03 | x |
| 2009-01-31 | CA$45.66 | CA$0.03 | x |
| 2010-01-31 | CA$8.13 | CA$0.03 | x |
| 2011-01-31 | CA$8.34 | CA$0.03 | x |
| 2012-01-31 | CA$5.39 | CA$0.03 | x |
| 2013-01-31 | CA$2.38 | CA$0.03 | x |
| 2014-01-31 | CA$-0.75 | CA$0.03 | x |
| 2015-01-31 | CA$-0.50 | CA$0.03 | x |
| 2016-01-31 | CA$-0.17 | CA$0.03 | x |
| 2017-01-31 | CA$0.07 | CA$0.03 | x |
| 2018-01-31 | CA$0.25 | CA$0.03 | x |
| 2019-01-31 | CA$0.08 | CA$0.03 | x |
| 2020-01-31 | CA$0.09 | CA$0.03 | x |
| 2021-01-31 | CA$0.07 | CA$0.03 | x |
| 2022-01-31 | CA$0.09 | CA$0.03 | x |
| 2023-01-31 | CA$0.05 | CA$0.03 | x |
| 2024-01-31 | CA$0.06 | CA$0.03 | x |
| 2025-01-31 | CA$0.07 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Imagine Lithium Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (1.49%) is above the historical average (-53.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -14.76% | -960.27% | 0.02x | 1.01x | CA$-93.75K |
| 2007 | -31.12% | -956.81% | 0.03x | 1.01x | CA$-118.73K |
| 2008 | -50.98% | -33004.84% | 0.00x | 1.09x | CA$-1.03 Million |
| 2009 | -144.07% | 0.00% | 0.00x | 1.42x | CA$-3.02 Million |
| 2010 | -402.79% | 0.00% | 0.00x | 1.71x | CA$-3.22 Million |
| 2011 | -55.58% | 0.00% | 0.00x | 1.08x | CA$-1.09 Million |
| 2012 | -38.93% | 0.00% | 0.00x | 1.06x | CA$-1.57 Million |
| 2013 | -106.25% | 0.00% | 0.00x | 1.46x | CA$-2.44 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.26 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.12 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-566.93K |
| 2017 | -123.51% | 0.00% | 0.00x | 1.39x | CA$-1.06 Million |
| 2018 | -16.05% | 0.00% | 0.00x | 1.03x | CA$-1.47 Million |
| 2019 | -28.63% | 0.00% | 0.00x | 1.03x | CA$-1.84 Million |
| 2020 | -15.18% | 0.00% | 0.00x | 1.03x | CA$-1.39 Million |
| 2021 | -18.57% | 0.00% | 0.00x | 1.01x | CA$-1.93 Million |
| 2022 | -3.90% | 0.00% | 0.00x | 1.02x | CA$-1.77 Million |
| 2023 | -30.88% | 0.00% | 0.00x | 1.03x | CA$-4.37 Million |
| 2024 | 3.58% | 0.00% | 0.00x | 1.08x | CA$-1.14 Million |
| 2025 | 1.49% | 0.00% | 0.00x | 1.01x | CA$-1.54 Million |
Industry Comparison
This section compares Imagine 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: $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 |
|---|---|---|---|---|
| Imagine Lithium Inc (ILI) | CA$19.94 Million | -14.76% | 0.01x | $5.61 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 |