Lithium Royalty Corp Stock Net Asset
| LIRC Stock | 7.14 0.01 0.14% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Lithium Royalty's long-term financial health and intrinsic value.
Lithium | Net Asset |
Lithium Royalty Corp Company Net Asset Analysis
Lithium Royalty's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Lithium Royalty Net Asset | 153.37 M |
Most of Lithium Royalty's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Lithium Royalty Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Lithium Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Lithium Royalty is extremely important. It helps to project a fair market value of Lithium Stock properly, considering its historical fundamentals such as Net Asset. Since Lithium Royalty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lithium Royalty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lithium Royalty's interrelated accounts and indicators.
Click cells to compare fundamentals
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Lithium Total Assets
Total Assets |
|
Based on the recorded statements, Lithium Royalty Corp has a Net Asset of 153.37 M. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net asset for all Canada stocks is notably lower than that of the firm.
Lithium Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lithium Royalty's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lithium Royalty could also be used in its relative valuation, which is a method of valuing Lithium Royalty by comparing valuation metrics of similar companies.Lithium Royalty is currently under evaluation in net asset category among its peers.
Lithium Royalty Current Valuation Drivers
We derive many important indicators used in calculating different scores of Lithium Royalty from analyzing Lithium Royalty's financial statements. These drivers represent accounts that assess Lithium Royalty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Lithium Royalty's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 702.9M | 565.2M | 527.4M | 358.8M | 227.0M | 215.7M | |
| Enterprise Value | 697.6M | 550.2M | 491.5M | 347.1M | 220.7M | 209.7M |
Lithium Fundamentals
| Return On Equity | -0.0301 | ||||
| Return On Asset | -0.0207 | ||||
| Profit Margin | (2.47) % | ||||
| Operating Margin | (2.74) % | ||||
| Current Valuation | 355.41 M | ||||
| Shares Outstanding | 24.38 M | ||||
| Shares Owned By Insiders | 67.83 % | ||||
| Shares Owned By Institutions | 8.45 % | ||||
| Number Of Shares Shorted | 6.44 K | ||||
| Price To Book | 2.05 X | ||||
| Price To Sales | 218.87 X | ||||
| Revenue | 3.02 M | ||||
| Gross Profit | 1.79 M | ||||
| EBITDA | (3.43 M) | ||||
| Net Income | (2.66 M) | ||||
| Total Debt | 430 K | ||||
| Book Value Per Share | 3.49 X | ||||
| Cash Flow From Operations | (615 K) | ||||
| Short Ratio | 0.46 X | ||||
| Earnings Per Share | (0.11) X | ||||
| Target Price | 8.23 | ||||
| Beta | 0.095 | ||||
| Market Capitalization | 392.22 M | ||||
| Total Asset | 153.37 M | ||||
| Retained Earnings | (74.02 M) | ||||
| Net Asset | 153.37 M |
About Lithium Royalty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lithium Royalty Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lithium Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lithium Royalty Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Lithium Royalty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lithium Royalty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lithium Royalty will appreciate offsetting losses from the drop in the long position's value.Moving together with Lithium Stock
Moving against Lithium Stock
| 0.41 | SBIO | Sabio Holdings | PairCorr |
| 0.38 | AML | Argus Metals Corp | PairCorr |
| 0.31 | HPQ | HPQ Silicon Resources | PairCorr |
The ability to find closely correlated positions to Lithium Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lithium Royalty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lithium Royalty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lithium Royalty Corp to buy it.
The correlation of Lithium Royalty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lithium Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lithium Royalty Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lithium Royalty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Lithium Stock
Lithium Royalty financial ratios help investors to determine whether Lithium Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lithium with respect to the benefits of owning Lithium Royalty security.