Vinland Lithium Inc.
Vinland Lithium Inc. operates as a mineral exploration company. It holds 100% interests in the Killick Lithium Project in Southwestern Newfoundland. The company was incorporated in 2023 and is headquartered in Vancouver, Canada.
Vinland Lithium Inc. (VLD) - Net Assets
Latest net assets as of September 2025: CA$9.48 Million CAD
Based on the latest financial reports, Vinland Lithium Inc. (VLD) has net assets worth CA$9.48 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$9.60 Million) and total liabilities (CA$113.45K). 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$9.48 Million |
| % of Total Assets | 98.82% |
| Annual Growth Rate | -2.71% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Vinland Lithium Inc. - Net Assets Trend (2023–2024)
This chart illustrates how Vinland Lithium Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vinland Lithium Inc. (2023–2024)
The table below shows the annual net assets of Vinland Lithium Inc. from 2023 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$9.72 Million | -2.71% |
| 2023-12-31 | CA$9.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vinland 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 27109200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$10.05 Million | 103.42% |
| Total Equity | CA$9.72 Million | 100.00% |
Vinland Lithium Inc. Competitors by Market Cap
The table below lists competitors of Vinland Lithium Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CanCambria Energy Corp.
V:CCEC
|
$3.89K |
|
K3 Business Technology Group PLC
LSE:KBT
|
$3.90K |
|
SkinBioTherapeutics PLC
LSE:SBTX
|
$3.90K |
|
BAMBURI CEMENT PLC
XNAI:BAMBURI
|
$3.90K |
|
DT.EFF.&WECHSEL-BET
MU:EFF
|
$3.88K |
|
Bank Alfalah Ltd
KAR:BAFL
|
$3.88K |
|
LUNDIN PETROL
BE:LYV
|
$3.87K |
|
NUTR3F
SA:NUTR3F
|
$3.87K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vinland Lithium Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,989,415 to 9,718,323, a change of -271,092 (-2.7%).
- Net loss of 271,092 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-271.09K | -2.79% |
| Total Change | CA$- | -2.71% |
Book Value vs Market Value Analysis
This analysis compares Vinland 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: 0.60x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | CA$0.99 | CA$0.58 | x |
| 2024-12-31 | CA$0.97 | CA$0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vinland Lithium Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | -2.79% | 0.00% | 0.00x | 1.02x | CA$-1.24 Million |
Industry Comparison
This section compares Vinland 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: $35,774,979
- Average return on equity (ROE) among peers: -75.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vinland Lithium Inc. (VLD) | CA$9.48 Million | -2.79% | 0.01x | $3.88K |
| Asbestos Corporation Limited (AB-H) | $-20.76 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-637.51K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $365.51 Million | 12.92% | 0.41x | $422.81 Million |
| African Metals Corporation (AFR) | $2.08 Million | 45.81% | 0.09x | $701.76K |
| Bullet Exploration Inc (AMMO) | $1.26 Million | -8.63% | 0.04x | $3.15 Million |
| AM Resources Corp (AMR) | $462.09K | -341.82% | 1.78x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $2.00 Million | -444.37% | 0.10x | $91.10 Million |
| Auriginal Mining Corp. (AUME) | $9.81 Million | -17.73% | 0.25x | $5.68 Million |
| Aurora Royalties Inc (AUR-H) | $-29.57K | 0.00% | 0.00x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.95 Million | 0.00% | 0.00x | $375.18K |