Lithium South Development Corp (LIS) - Total Assets
Based on the latest financial reports, Lithium South Development Corp (LIS) holds total assets worth CA$12.61 Million CAD (≈ $9.12 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check total reinvestment intensity of Lithium South Development Corp to assess the company's total reinvestment commitment from operating cash flow.
Lithium South Development Corp - Total Assets Trend (2016–2024)
This chart illustrates how Lithium South Development Corp's total assets have evolved over time, based on quarterly financial data. Check Lithium South Development Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Lithium South Development Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Lithium South Development Corp's total assets of CA$12.61 Million consist of 5.7% current assets and 94.3% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 4.8% |
| Accounts Receivable | CA$31.04K | 0.2% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Lithium South Development Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see LIS stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Lithium South Development Corp's current assets represent 5.7% of total assets in 2024, a decrease from 98.7% in 2016.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2024, down from 56.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Lithium South Development Corp Competitors by Total Assets
Key competitors of Lithium South Development Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
FORTESCUE MET.GR.SP.ADR 2
F:FVJA
|
Germany | €30.52 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
Nickel Industries Ltd
AU:NIC
|
Australia | AU$4.27 Billion |
|
Vale Indonesia Tbk
JK:INCO
|
Indonesia | Rp3.34 Billion |
|
Shandong Humon Smelting Co Ltd
SHE:002237
|
China | CN¥39.03 Billion |
|
Guangdong Xianglu Tungsten Co Ltd
SHE:002842
|
China | CN¥3.89 Billion |
|
Lithium Americas Corp
TO:LAC
|
Canada | CA$2.57 Billion |
Lithium South Development Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.36 | 103.29 | 0.07 |
| Quick Ratio | 0.36 | 103.29 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-771.45K | CA$1.33 Million | CA$-1.34 Million |
Lithium South Development Corp - Advanced Valuation Insights
This section examines the relationship between Lithium South Development Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.19 |
| Latest Market Cap to Assets Ratio | 3.56 |
| Asset Growth Rate (YoY) | -8.2% |
| Total Assets | CA$12.94 Million |
| Market Capitalization | $46.05 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Lithium South Development Corp's assets at a significant premium (3.56x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Lithium South Development Corp's assets decreased by 8.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Lithium South Development Corp (2016–2024)
The table below shows the annual total assets of Lithium South Development Corp from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$12.94 Million ≈ $9.36 Million |
-8.18% |
| 2023-12-31 | CA$14.10 Million ≈ $10.20 Million |
-33.61% |
| 2022-12-31 | CA$21.23 Million ≈ $15.36 Million |
-16.97% |
| 2021-12-31 | CA$25.57 Million ≈ $18.50 Million |
+389.79% |
| 2020-12-31 | CA$5.22 Million ≈ $3.78 Million |
+64.77% |
| 2019-12-31 | CA$3.17 Million ≈ $2.29 Million |
+61.14% |
| 2018-12-31 | CA$1.97 Million ≈ $1.42 Million |
-69.51% |
| 2017-12-31 | CA$6.45 Million ≈ $4.67 Million |
+210.27% |
| 2016-12-31 | CA$2.08 Million ≈ $1.50 Million |
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About Lithium South Development Corp
Lithium South Development Corporation, an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties in Argentina. Its flagship property is the Hombre Muerto North lithium brine project consist of nine mining concessions that covers approximately an area of 5,687 hectares located in the Salta Province, Argentina. The company was form… Read more