Lithium Ionic Corp (LTH) - Net Assets
Based on the latest financial reports, Lithium Ionic Corp (LTH) has net assets worth CA$16.45 Million CAD (≈ $11.90 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$52.47 Million ≈ $37.95 Million USD) and total liabilities (CA$36.02 Million ≈ $26.05 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. Also explore LTH current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$16.45 Million |
| % of Total Assets | 31.35% |
| Annual Growth Rate | 29.15% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 213.44 |
Lithium Ionic Corp - Net Assets Trend (2021–2025)
This chart illustrates how Lithium Ionic Corp's net assets have evolved over time, based on quarterly financial data. Check how tangible is Lithium Ionic Corp's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Lithium Ionic Corp (2021–2025)
The table below shows the annual net assets of Lithium Ionic Corp from 2021 to 2025. For live valuation and market cap data, see Lithium Ionic Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$19.16 Million ≈ $13.86 Million |
+726.92% |
| 2024-12-31 | CA$-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 11985410900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$139.80 Million | 729.56% |
| Total Equity | CA$19.16 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 |
|---|---|
|
Korea Computer & Systems Inc
KQ:115500
|
$67.09 Million |
|
TEKNA HOLDING ASA NK 2
F:8VB
|
$67.10 Million |
|
Great Elm Group Inc
NASDAQ:GEG
|
$67.10 Million |
|
Amoeba SA
PA:ALMIB
|
$67.11 Million |
|
Rayence Co. Ltd
KQ:228850
|
$67.08 Million |
|
DocCheck AG
XETRA:AJ91
|
$67.03 Million |
|
HSS Engineers Bhd
KLSE:0185
|
$67.02 Million |
|
Hoffmann Green Cement Technologies
PA:ALHGR
|
$66.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lithium Ionic Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -3,056,451 to 19,161,599, a change of 22,218,050.
- Net loss of 3,912,322 reduced equity.
- New share issuances of 18,263,091 increased equity.
- Other factors increased equity by 7,867,281.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.91 Million | -20.42% |
| Share Issuances | CA$18.26 Million | +95.31% |
| Other Changes | CA$7.87 Million | +41.06% |
| Total Change | CA$- | % |
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
- Current price-to-book ratio: 4.74x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.51x to 4.74x 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$0.19 | CA$0.47 | x |
| 2022-12-31 | CA$0.33 | CA$0.47 | x |
| 2023-12-31 | CA$0.06 | CA$0.47 | x |
| 2024-12-31 | CA$-0.02 | CA$0.47 | x |
| 2025-12-31 | CA$0.10 | CA$0.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lithium Ionic Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.71x
- Recent ROE (-20.42%) is above the historical average (-183.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -11.32% | 0.00% | 0.00x | 1.14x | CA$-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$-28.89 Million |
| 2025 | -20.42% | 0.00% | 0.00x | 2.71x | CA$-5.83 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: $14,484,068
- Average return on equity (ROE) among peers: -28.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lithium Ionic Corp (LTH) | CA$16.45 Million | -11.32% | 2.19x | $67.08 Million |
| Aftermath Silver Ltd (AAG) | $-31.00K | 0.00% | 0.00x | $177.93 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $50.71 Million |
| Arbor Metals Corp (ABR) | $562.48K | -95.48% | 1.10x | $8.87 Million |
| Asiabasemetals Inc (ABZ) | $-80.45K | 0.00% | 0.00x | $3.27 Million |
| Adex Mining Inc (ADE) | $13.66 Million | -11.99% | 0.07x | $63.68 Million |
| Alphamin Res (AFM) | $101.79 Million | -2.69% | 0.21x | $1.38 Billion |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $1.25 Million | -166.39% | 1.91x | $154.85 Million |
| Almonty Industries Inc (AII) | $21.65 Million | 11.16% | 0.29x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $-11.72 Million | 0.00% | 0.00x | $380.92 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 Bandeira Project located in Brazil. The company is based in Toronto, Canada.