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Lithium Ionic (TSXV:LTH) Total Stockholders Equity : C$1.27 Mil (As of Mar. 2024)


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What is Lithium Ionic Total Stockholders Equity?

Lithium Ionic's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$1.27 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Lithium Ionic's Book Value per Share for the quarter that ended in Mar. 2024 was C$0.01. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Lithium Ionic's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.35.

Lithium Ionic Total Stockholders Equity Historical Data

The historical data trend for Lithium Ionic's Total Stockholders Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lithium Ionic Total Stockholders Equity Chart

Lithium Ionic Annual Data
Trend Dec21 Dec22 Dec23
Total Stockholders Equity
6.89 30.58 8.18

Lithium Ionic Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Stockholders Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.09 5.29 19.79 8.18 1.27

Lithium Ionic  (TSXV:LTH) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Lithium Ionic's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1.273-0)/138.186
=0.01

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Lithium Ionic's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.246 + 0.198) / 1.273
=0.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lithium Ionic Total Stockholders Equity Related Terms

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Lithium Ionic (TSXV:LTH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Ionic Corp (TSXV:LTH) » Definitions » Total Stockholders Equity
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Traded in Other Exchanges
LTHCF:USA
Address
36 Lombard Street, 4th Floor, Toronto, ON, CAN, M5C 2X3
Website
https://www.lithiumionic.com
Lithium Ionic Corp is a Canadian junior exploration company focused on developing commercial-grade lithium. It owns a 100% ownership interest in the Itinga lithium project. It operates a single operating segment, which is mineral exploration and evaluation in Brazil.