Argentina Lithium & Energy Corp (LIT) - Net Assets
Based on the latest financial reports, Argentina Lithium & Energy Corp (LIT) has net assets worth CA$52.83 Million CAD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$57.59 Million) and total liabilities (CA$4.76 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 | CA$52.83 Million |
| % of Total Assets | 91.74% |
| Annual Growth Rate | 29.53% |
| 5-Year Change | N/A |
| 10-Year Change | 21612.05% |
| Growth Volatility | 398.76 |
Argentina Lithium & Energy Corp - Net Assets Trend (2002–2024)
This chart illustrates how Argentina Lithium & Energy 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 Argentina Lithium & Energy Corp (2002–2024)
The table below shows the annual net assets of Argentina Lithium & Energy Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$54.59 Million | -28.06% |
| 2023-12-31 | CA$75.88 Million | +455.55% |
| 2022-12-31 | CA$13.66 Million | +80.06% |
| 2021-12-31 | CA$7.59 Million | +3568.64% |
| 2020-12-31 | CA$-218.68K | +69.12% |
| 2019-12-31 | CA$-708.11K | -91.34% |
| 2018-12-31 | CA$-370.08K | -107.25% |
| 2017-12-31 | CA$5.11 Million | +25.96% |
| 2016-12-31 | CA$4.05 Million | +1512.72% |
| 2015-12-31 | CA$251.41K | -13.57% |
| 2014-12-31 | CA$290.89K | +80.91% |
| 2013-12-31 | CA$160.79K | -29.48% |
| 2012-12-31 | CA$228.00K | -35.93% |
| 2011-12-31 | CA$355.89K | +398.55% |
| 2010-12-31 | CA$71.38K | +124.01% |
| 2009-12-31 | CA$-297.30K | -130.67% |
| 2008-12-31 | CA$969.33K | -84.49% |
| 2007-12-31 | CA$6.25 Million | +50.07% |
| 2006-12-31 | CA$4.17 Million | +17.45% |
| 2005-12-31 | CA$3.55 Million | -1.61% |
| 2004-12-31 | CA$3.60 Million | +111.32% |
| 2003-12-31 | CA$1.71 Million | +826.71% |
| 2002-12-31 | CA$184.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Argentina Lithium & Energy 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 734910200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$53.90 Million | 115.86% |
| Total Equity | CA$46.52 Million | 100.00% |
Argentina Lithium & Energy Corp Competitors by Market Cap
The table below lists competitors of Argentina Lithium & Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kier Group PLC
LSE:KIE
|
$11.65 Million |
|
Prologue S.A.
LSE:0FPJ
|
$11.66 Million |
|
Topvision Eye Specialist Berhad
KLSE:0332
|
$11.67 Million |
|
SOFTOX SOLUTIONS NK 002
F:6FV
|
$11.67 Million |
|
Reliance Home Finance Limited
NSE:RHFL
|
$11.65 Million |
|
Netlinkz Ltd
AU:NET
|
$11.64 Million |
|
Cahayaputra Asa Keramik Tbk PT
JK:CAKK
|
$11.63 Million |
|
FLYNN Gold Ltd
AU:FG1
|
$11.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Argentina Lithium & Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 63,435,838 to 46,524,214, a change of -16,911,624 (-26.7%).
- Net loss of 17,628,614 reduced equity.
- Other comprehensive income decreased equity by 14,882,277.
- Other factors increased equity by 15,599,267.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-17.63 Million | -37.89% |
| Other Comprehensive Income | CA$-14.88 Million | -31.99% |
| Other Changes | CA$15.60 Million | +33.53% |
| Total Change | CA$- | -26.66% |
Book Value vs Market Value Analysis
This analysis compares Argentina Lithium & Energy 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: 0.35x
- 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 0.02x to 0.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | CA$5.52 | CA$0.12 | x |
| 2003-12-31 | CA$42.21 | CA$0.12 | x |
| 2004-12-31 | CA$32.78 | CA$0.12 | x |
| 2005-12-31 | CA$26.74 | CA$0.12 | x |
| 2006-12-31 | CA$26.07 | CA$0.12 | x |
| 2007-12-31 | CA$24.50 | CA$0.12 | x |
| 2008-12-31 | CA$3.02 | CA$0.12 | x |
| 2009-12-31 | CA$-0.56 | CA$0.12 | x |
| 2010-12-31 | CA$0.06 | CA$0.12 | x |
| 2011-12-31 | CA$0.27 | CA$0.12 | x |
| 2012-12-31 | CA$0.14 | CA$0.12 | x |
| 2013-12-31 | CA$0.09 | CA$0.12 | x |
| 2014-12-31 | CA$0.15 | CA$0.12 | x |
| 2015-12-31 | CA$0.12 | CA$0.12 | x |
| 2016-12-31 | CA$0.77 | CA$0.12 | x |
| 2017-12-31 | CA$0.37 | CA$0.12 | x |
| 2018-12-31 | CA$-0.02 | CA$0.12 | x |
| 2019-12-31 | CA$-0.04 | CA$0.12 | x |
| 2020-12-31 | CA$-0.01 | CA$0.12 | x |
| 2021-12-31 | CA$0.17 | CA$0.12 | x |
| 2022-12-31 | CA$0.16 | CA$0.12 | x |
| 2023-12-31 | CA$0.49 | CA$0.12 | x |
| 2024-12-31 | CA$0.35 | CA$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Argentina Lithium & Energy Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -37.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.24x
- Recent ROE (-37.89%) is above the historical average (-75.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -14.27% | 0.00% | 0.00x | 1.13x | CA$-44.66K |
| 2003 | -23.79% | -11619.59% | 0.00x | 1.07x | CA$-576.31K |
| 2004 | -24.26% | -6126.63% | 0.00x | 1.01x | CA$-1.23 Million |
| 2005 | -40.45% | 0.00% | 0.00x | 1.08x | CA$-1.79 Million |
| 2006 | -46.10% | 0.00% | 0.00x | 1.04x | CA$-2.34 Million |
| 2007 | -37.22% | 0.00% | 0.00x | 1.02x | CA$-2.95 Million |
| 2008 | -358.22% | 0.00% | 0.00x | 1.57x | CA$-3.57 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.60 Million |
| 2010 | -533.18% | 0.00% | 0.00x | 1.13x | CA$-387.74K |
| 2011 | -44.82% | 0.00% | 0.00x | 1.07x | CA$-195.11K |
| 2012 | -230.97% | 0.00% | 0.00x | 1.08x | CA$-549.41K |
| 2013 | -72.89% | 0.00% | 0.00x | 1.10x | CA$-133.29K |
| 2014 | -15.44% | 0.00% | 0.00x | 1.19x | CA$-74.00K |
| 2015 | -15.70% | 0.00% | 0.00x | 1.39x | CA$-64.62K |
| 2016 | -18.53% | 0.00% | 0.00x | 1.04x | CA$-1.16 Million |
| 2017 | -50.39% | 0.00% | 0.00x | 1.05x | CA$-3.08 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-8.45 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-304.72K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-178.20K |
| 2021 | -26.36% | 0.00% | 0.00x | 1.13x | CA$-2.76 Million |
| 2022 | -62.11% | 0.00% | 0.00x | 1.14x | CA$-9.85 Million |
| 2023 | -72.42% | 0.00% | 0.00x | 1.29x | CA$-52.29 Million |
| 2024 | -37.89% | 0.00% | 0.00x | 1.24x | CA$-22.28 Million |
Industry Comparison
This section compares Argentina Lithium & Energy 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: $-404,510
- Average return on equity (ROE) among peers: 31.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Argentina Lithium & Energy Corp (LIT) | CA$52.83 Million | -14.27% | 0.09x | $11.65 Million |
| Aftermath Silver Ltd (AAG) | $25.06 Million | -33.91% | 0.29x | $215.07 Million |
| Aton Resources Inc (AAN) | $-1.50 Million | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-22.33 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $5.75 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| AE Fuels Corporation (AEF) | $423.41K | -11.49% | 0.28x | $4.95 Million |
| Alphamin Res (AFM) | $272.15K | -48.58% | 0.07x | $1.27 Billion |
| African Metals Corporation (AFR) | $2.33 Million | 446.81% | 0.22x | $1.00 Million |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $148.73 Million |
About Argentina Lithium & Energy Corp
Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. The company primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp. in September 2016. Argentina Lithium & Energy Corp… Read more