Rock Tech Lithium Inc (RCK) - Net Assets

Latest as of September 2025: CA$35.85 Million CAD ≈ $25.93 Million USD

Based on the latest financial reports, Rock Tech Lithium Inc (RCK) has net assets worth CA$35.85 Million CAD (≈ $25.93 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$39.08 Million ≈ $28.27 Million USD) and total liabilities (CA$3.23 Million ≈ $2.34 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 RCK asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$35.85 Million
% of Total Assets 91.74%
Annual Growth Rate 20.29%
5-Year Change 159.78%
10-Year Change 2354.88%
Growth Volatility 360.27

Rock Tech Lithium Inc - Net Assets Trend (1999–2024)

This chart illustrates how Rock Tech Lithium Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Rock Tech Lithium Inc for the complete picture of this company's asset base.

Annual Net Assets for Rock Tech Lithium Inc (1999–2024)

The table below shows the annual net assets of Rock Tech Lithium Inc from 1999 to 2024. For live valuation and market cap data, see RCK market cap.

Year Net Assets Change
2024-12-31 CA$32.85 Million
≈ $23.76 Million		 -20.70%
2023-12-31 CA$41.42 Million
≈ $29.97 Million		 -26.44%
2022-12-31 CA$56.31 Million
≈ $40.74 Million		 -9.49%
2021-12-31 CA$62.22 Million
≈ $45.01 Million		 +392.02%
2020-12-31 CA$12.65 Million
≈ $9.15 Million		 +137.33%
2019-12-31 CA$5.33 Million
≈ $3.85 Million		 +17.15%
2018-12-31 CA$4.55 Million
≈ $3.29 Million		 -18.85%
2017-12-31 CA$5.60 Million
≈ $4.05 Million		 +13.37%
2016-12-31 CA$4.94 Million
≈ $3.58 Million		 +269.44%
2015-12-31 CA$1.34 Million
≈ $968.01K		 +20.92%
2014-12-31 CA$1.11 Million
≈ $800.51K		 -30.90%
2013-12-31 CA$1.60 Million
≈ $1.16 Million		 -76.19%
2012-12-31 CA$6.73 Million
≈ $4.86 Million		 -42.94%
2011-12-31 CA$11.79 Million
≈ $8.53 Million		 +58.74%
2010-12-31 CA$7.42 Million
≈ $5.37 Million		 +128.36%
2009-12-31 CA$3.25 Million
≈ $2.35 Million		 -8.36%
2008-12-31 CA$3.55 Million
≈ $2.57 Million		 -30.10%
2007-12-31 CA$5.08 Million
≈ $3.67 Million		 +514.46%
2006-12-31 CA$826.06K
≈ $597.56K		 +6.39%
2005-12-31 CA$776.43K
≈ $561.65K		 +1636.16%
2004-12-31 CA$44.72K
≈ $32.35K		 +215.21%
2003-12-31 CA$-38.82K
≈ $-28.08K		 +56.16%
2002-12-31 CA$-88.53K
≈ $-64.04K		 -246.44%
2001-12-31 CA$60.46K
≈ $43.73K		 -92.98%
2000-12-31 CA$860.69K
≈ $622.61K		 +165.34%
1999-12-31 CA$324.37K
≈ $234.65K		 --

Equity Component Analysis

This analysis shows how different components contribute to Rock Tech 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 16515688700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$198.09 Million 603.02%
Total Equity CA$32.85 Million 100.00%

Rock Tech Lithium Inc Competitors by Market Cap

The table below lists competitors of Rock Tech Lithium Inc ranked by their market capitalization.

Company Market Cap
Nevada King Gold Corp
V:NKG
 $79.76 Million
DreamCIS Inc
KQ:223250
 $79.84 Million
Champions Oncology Inc
NASDAQ:CSBR
 $79.85 Million
Taeyang Metal
KO:004100
 $79.85 Million
Konka Group Co Ltd
SHE:200016
 $79.75 Million
Houston American Energy Corporation
NYSE MKT:HUSA
 $79.74 Million
Kalleback Property Invest AB
ST:KAPIAB
 $79.74 Million
Thac Ba Hydropower JSC
VN:TBC
 $79.74 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Rock Tech Lithium Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 41,424,955 to 32,850,227, a change of -8,574,728 (-20.7%).
  • Net loss of 15,290,898 reduced equity.
  • New share issuances of 3,313,798 increased equity.
  • Other comprehensive income decreased equity by 22,396,361.
  • Other factors increased equity by 25,798,733.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-15.29 Million -46.55%
Share Issuances CA$3.31 Million +10.09%
Other Comprehensive Income CA$-22.40 Million -68.18%
Other Changes CA$25.80 Million +78.53%
Total Change CA$- -20.70%

Book Value vs Market Value Analysis

This analysis compares Rock Tech 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: 3.23x
  • 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 0.14x to 3.23x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 CA$7.23 CA$1.02 x
2000-12-31 CA$15.85 CA$1.02 x
2001-12-31 CA$1.17 CA$1.02 x
2002-12-31 CA$-1.33 CA$1.02 x
2003-12-31 CA$-0.53 CA$1.02 x
2004-12-31 CA$0.44 CA$1.02 x
2005-12-31 CA$4.00 CA$1.02 x
2006-12-31 CA$2.28 CA$1.02 x
2007-12-31 CA$8.05 CA$1.02 x
2008-12-31 CA$4.19 CA$1.02 x
2009-12-31 CA$2.19 CA$1.02 x
2010-12-31 CA$1.96 CA$1.02 x
2011-12-31 CA$1.42 CA$1.02 x
2012-12-31 CA$0.72 CA$1.02 x
2013-12-31 CA$0.16 CA$1.02 x
2014-12-31 CA$0.10 CA$1.02 x
2015-12-31 CA$0.08 CA$1.02 x
2016-12-31 CA$0.24 CA$1.02 x
2017-12-31 CA$0.20 CA$1.02 x
2018-12-31 CA$0.13 CA$1.02 x
2019-12-31 CA$0.15 CA$1.02 x
2020-12-31 CA$0.33 CA$1.02 x
2021-12-31 CA$1.07 CA$1.02 x
2022-12-31 CA$0.72 CA$1.02 x
2023-12-31 CA$0.43 CA$1.02 x
2024-12-31 CA$0.32 CA$1.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rock Tech 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): -46.55%
  • 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: 1.09x
  • Recent ROE (-46.55%) is above the historical average (-146.94%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 -13.83% 0.00% 0.00x 1.07x CA$-77.31K
2000 -25.24% -57.80% 0.38x 1.16x CA$-303.32K
2001 -1323.62% -160.01% 2.74x 3.02x CA$-806.28K
2002 0.00% -144.16% 8.43x 0.00x CA$-200.14K
2003 0.00% 0.00% 0.00x 0.00x CA$-131.20K
2004 -1053.53% 0.00% 0.00x 2.66x CA$-475.62K
2005 -73.89% 0.00% 0.00x 1.11x CA$-651.33K
2006 -102.45% 0.00% 0.00x 1.11x CA$-928.90K
2007 -23.31% 0.00% 0.00x 1.14x CA$-1.69 Million
2008 -79.17% 0.00% 0.00x 1.01x CA$-3.16 Million
2009 -86.59% 0.00% 0.00x 1.27x CA$-3.14 Million
2010 -19.18% 0.00% 0.00x 1.17x CA$-2.17 Million
2011 -16.43% 0.00% 0.00x 1.12x CA$-3.11 Million
2012 -77.47% 0.00% 0.00x 1.21x CA$-5.88 Million
2013 -325.84% 0.00% 0.00x 2.18x CA$-5.38 Million
2014 -129.16% 0.00% 0.00x 1.98x CA$-1.54 Million
2015 -8.59% 0.00% 0.00x 1.34x CA$-248.83K
2016 -23.23% 0.00% 0.00x 1.06x CA$-1.64 Million
2017 -58.45% 0.00% 0.00x 1.06x CA$-3.84 Million
2018 -75.73% 0.00% 0.00x 1.06x CA$-3.90 Million
2019 -19.69% 0.00% 0.00x 1.05x CA$-1.58 Million
2020 -24.28% 0.00% 0.00x 1.06x CA$-4.33 Million
2021 -35.62% 0.00% 0.00x 1.16x CA$-28.38 Million
2022 -109.46% 0.00% 0.00x 1.15x CA$-67.28 Million
2023 -69.09% 0.00% 0.00x 1.13x CA$-32.76 Million
2024 -46.55% 0.00% 0.00x 1.09x CA$-18.58 Million

Industry Comparison

This section compares Rock Tech 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: $14,613,271
  • Average return on equity (ROE) among peers: -28.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Rock Tech Lithium Inc (RCK) CA$35.85 Million -13.83% 0.09x $79.76 Million
Aftermath Silver Ltd (AAG) $1.38 Million -190.49% 0.19x $185.75 Million
Aton Resources Inc (AAN) $-9.49 Million 0.00% 0.00x $49.79 Million
Arbor Metals Corp (ABR) $3.78 Million -10.88% 0.34x $10.75 Million
Asiabasemetals Inc (ABZ) $-637.51K 0.00% 0.00x $4.67 Million
Adex Mining Inc (ADE) $-2.16 Million 0.00% 0.00x $27.09 Million
Alphamin Res (AFM) $71.72 Million -9.02% 0.02x $1.30 Billion
Silver X Mining Corp (AGX) $38.37 Million -47.47% 0.73x $148.73 Million
Amarc Resources Ltd. (AHR) $14.00 Million 5.93% 0.01x $148.33 Million
Almonty Industries Inc (AII) $29.17 Million -31.05% 4.18x $4.73 Billion
Aldebaran Resources Inc (ALDE) $1.00 0.00% 0.00x $332.39 Million

About Rock Tech Lithium Inc

V:RCK Canada Other Industrial Metals & Mining
Market Cap
$79.76 Million
CA$110.26 Million CAD
Market Cap Rank
#20051 Global
#691 in Canada
Share Price
CA$1.02
Change (1 day)
+4.08%
52-Week Range
CA$0.67 - CA$1.20
All Time High
CA$9.32
Categories
Companies in Canada Other Industrial Metals & Mining
About

Rock Tech Lithium Inc. engages in the exploration and development of lithium properties. It focuses on developing and optimizing battery grade lithium hydroxide monohydrate. The company holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc. and changed its name to Rock Tech Lithium… Read more