Lithium One Metals Inc (LONE) - Net Assets
Based on the latest financial reports, Lithium One Metals Inc (LONE) has net assets worth CA$-2.65 Million CAD (≈ $-1.91 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$487.90K ≈ $352.94K USD) and total liabilities (CA$3.13 Million ≈ $2.27 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Lithium One Metals Inc (LONE) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-2.65 Million |
| % of Total Assets | -542.32% |
| Annual Growth Rate | 55.87% |
| 5-Year Change | 1032.53% |
| 10-Year Change | N/A |
| Growth Volatility | 70.97 |
Lithium One Metals Inc - Net Assets Trend (2019–2024)
This chart illustrates how Lithium One Metals Inc's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Lithium One Metals Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Lithium One Metals Inc (2019–2024)
The table below shows the annual net assets of Lithium One Metals Inc from 2019 to 2024. For live valuation and market cap data, see Lithium One Metals Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$9.85 Million ≈ $7.12 Million |
+91.66% |
| 2023-06-30 | CA$5.14 Million ≈ $3.72 Million |
+189.82% |
| 2022-06-30 | CA$1.77 Million ≈ $1.28 Million |
+69.73% |
| 2021-06-30 | CA$1.04 Million ≈ $755.43K |
+20.12% |
| 2020-06-30 | CA$869.37K ≈ $628.89K |
-18.69% |
| 2019-06-30 | CA$1.07 Million ≈ $773.49K |
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Equity Component Analysis
This analysis shows how different components contribute to Lithium One Metals 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 918267900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$19.79 Million | 200.97% |
| Total Equity | CA$9.85 Million | 100.00% |
Lithium One Metals Inc Competitors by Market Cap
The table below lists competitors of Lithium One Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baring Emerging Europe Plc
LSE:BEMO
|
$1.10 Million |
|
Optiva Inc
TO:OPT
|
$1.10 Million |
|
Rover Metals Corp
V:ROVR
|
$1.11 Million |
|
Stelmine Canada Ltd
V:STH
|
$1.11 Million |
|
Reedy Lagoon Corporation Ltd
AU:RLC
|
$1.10 Million |
|
Tres Or Resources Ltd
V:TRS
|
$1.10 Million |
|
Gaming Realms plc
LSE:GMR
|
$1.09 Million |
|
Vivakor Inc
NASDAQ:VIVK
|
$1.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lithium One Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,137,061 to 9,845,882, a change of 4,708,821 (91.7%).
- Net loss of 3,824,430 reduced equity.
- New share issuances of 1,616,000 increased equity.
- Other factors increased equity by 6,917,251.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.82 Million | -38.84% |
| Share Issuances | CA$1.62 Million | +16.41% |
| Other Changes | CA$6.92 Million | +70.26% |
| Total Change | CA$- | 91.66% |
Book Value vs Market Value Analysis
This analysis compares Lithium One Metals 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: 0.15x
- 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 decreased from 0.62x to 0.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | CA$0.09 | CA$0.06 | x |
| 2020-06-30 | CA$0.07 | CA$0.06 | x |
| 2021-06-30 | CA$0.05 | CA$0.06 | x |
| 2022-06-30 | CA$0.07 | CA$0.06 | x |
| 2023-06-30 | CA$0.38 | CA$0.06 | x |
| 2024-06-30 | CA$0.37 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lithium One Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -38.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.30x
- Recent ROE (-38.84%) is below the historical average (-34.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -6.52% | 0.00% | 0.00x | 1.02x | CA$-176.65K |
| 2020 | -22.99% | 0.00% | 0.00x | 1.02x | CA$-286.83K |
| 2021 | -21.18% | 0.00% | 0.00x | 1.01x | CA$-325.58K |
| 2022 | -29.92% | 0.00% | 0.00x | 1.60x | CA$-707.63K |
| 2023 | -85.78% | 0.00% | 0.00x | 1.18x | CA$-4.92 Million |
| 2024 | -38.84% | 0.00% | 0.00x | 1.30x | CA$-4.81 Million |
Industry Comparison
This section compares Lithium One Metals 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: $2,278,129
- Average return on equity (ROE) among peers: -49.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lithium One Metals Inc (LONE) | CA$-2.65 Million | -6.52% | N/A | $1.10 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $195.23 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $42.41 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $-251.39K | 0.00% | 0.00x | $3.63 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $7.22 Million | -119.49% | 0.12x | $159.74 Million |
| Almonty Industries Inc (AII) | $21.18 Million | 0.00% | 0.48x | $5.33 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $425.46 Million |
About Lithium One Metals Inc
Lithium One Metals Inc. engages in the exploration and evaluation of resource properties in North America. The company primarily explores for lithium deposits. The company was formerly known as Yorkton Ventures Inc. and changed its name to Lithium One Metals Inc. in April 2022. Lithium One Metals Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.