Lithium Ionic Corp (LTH) - Net Assets
Based on the latest financial reports, Lithium Ionic Corp (LTH) has net assets worth CA$10.90 Million CAD (≈ $7.88 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$48.92 Million ≈ $35.39 Million USD) and total liabilities (CA$38.02 Million ≈ $27.51 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 LTH financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$10.90 Million |
| % of Total Assets | 22.27% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 213.44 |
Lithium Ionic Corp - Net Assets Trend (2021–2024)
This chart illustrates how Lithium Ionic Corp's net assets have evolved over time, based on quarterly financial data. Also explore Lithium Ionic Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Lithium Ionic Corp (2021–2024)
The table below shows the annual net assets of Lithium Ionic Corp from 2021 to 2024. For live valuation and market cap data, see market value of Lithium Ionic Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-3.06 Million ≈ $-2.21 Million |
-137.37% |
| 2023-12-31 | CA$8.18 Million ≈ $5.92 Million |
-73.26% |
| 2022-12-31 | CA$30.58 Million ≈ $22.12 Million |
+344.03% |
| 2021-12-31 | CA$6.89 Million ≈ $4.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lithium Ionic 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 11883803600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$116.56 Million | % |
| Total Equity | CA$-3.06 Million | 100.00% |
Lithium Ionic Corp Competitors by Market Cap
The table below lists competitors of Lithium Ionic Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unicycive Therapeutics Inc
NASDAQ:UNCY
|
$133.25 Million |
|
MKH Bhd
KLSE:6114
|
$133.25 Million |
|
Novolog Pharm-Up 1966 Ltd
TA:NVLG
|
$133.27 Million |
|
De Licacy Industrial Co Ltd
TW:1464
|
$133.28 Million |
|
NOVONIX LTD SP.ADS/4
F:GC30
|
$133.20 Million |
|
MOLECULAR PARTNERS ADS/1
F:6ML0
|
$133.19 Million |
|
Endomines Finland Oyj
HE:PAMPALO
|
$133.18 Million |
|
Bokusgruppen AB
ST:BOKUS
|
$133.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lithium Ionic Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,178,656 to -3,056,451, a change of -11,235,107 (-137.4%).
- Net loss of 29,191,978 reduced equity.
- New share issuances of 15,992,800 increased equity.
- Other comprehensive income decreased equity by 12,888,078.
- Other factors increased equity by 14,852,149.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-29.19 Million | -955.09% |
| Share Issuances | CA$15.99 Million | +523.25% |
| Other Comprehensive Income | CA$-12.89 Million | -421.67% |
| Other Changes | CA$14.85 Million | +485.93% |
| Total Change | CA$- | -137.37% |
Book Value vs Market Value Analysis
This analysis compares Lithium Ionic 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$0.19 | CA$1.06 | x |
| 2022-12-31 | CA$0.33 | CA$1.06 | x |
| 2023-12-31 | CA$0.06 | CA$1.06 | x |
| 2024-12-31 | CA$-0.02 | CA$1.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lithium Ionic Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-224.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -11.32% | 0.00% | 0.00x | 1.14x | CA$-1.47 Million |
| 2022 | -100.99% | 0.00% | 0.00x | 1.07x | CA$-33.94 Million |
| 2023 | -786.49% | 0.00% | 0.00x | 1.61x | CA$-65.14 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-28.89 Million |
Industry Comparison
This section compares Lithium Ionic 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 Ionic Corp (LTH) | CA$10.90 Million | -11.32% | 3.49x | $133.23 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 Ionic Corp
Lithium Ionic Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of lithium properties in Brazil. Its flagship properties include a 100% interest in the Itinga lithium project with seven mineral licenses covering an area of approximately 1,300 hectares located in the Aracuai lithium province; and 85% interest in the Salinas project located in the north… Read more