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LIT · ASX

Lithium Australia Limited (ASX:LIT)

AU$0.028

 -5.0E-4 (-1.754%)
ASX:Live
23/04/2024 03:37:39 PM
HALO Ords GROWTH AUS All-Companies
Consensus Score
/10
Recommend
Target Price
Deviation
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LIT Overview

LIT Health Scores

Short Term

Mean Revision

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Strong

Earnings

Very Strong

Growth

Earnings

Very Strong

Dividends

Very Strong

Quality

Capital Efficiency

Very Strong

Balance Sheet

Very Strong

About LIT

Telephone

Address

Description

Lithium Australia Ltd. is an Australian based mineral exploration company. The company operates through the following business segments: Lithium Chemicals, Battery Materials, and Battery Recycling. The Lithium Chemicals segment is involved in the research and development of a suite of extraction and refining technologies for the recovery of lithium chemicals from various materials. The Battery Materials segment focuses on the research and development of battery materials. The Battery Recycling segment refers to the processing technology for mixed-battery recycling and sale of recovered energy metals. Lithium Australia was founded on June 22, 2007 and is headquartered in West Perth, Australia.

LIT Price Chart

Key Stats

Market Cap

AU$34.84M

PE

N/A

EV/EBITDA

N/A

Dividends Overview

DIV Yield

N/A

Franking

N/A

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 0.03 - 0.07

Trade Value (12mth)

AU$20,766.00

1 week

-3.45%

1 month

-3.45%

YTD

-6.67%

1 year

-26.32%

All time high

0.443807

Key Fundamentals

EPS 3 yr Growth

-60.100%

EBITDA Margin

-164.60%

Operating Cashflow

-$9m

Free Cash Flow Return

-54.20%

ROIC

-45.50%

Interest Coverage

-520.00

Quick Ratio

2.30

Other Data

Shares on Issue (Fully Dilluted)

1222m

HALO Sector

Next Company Report Date

N/A

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

0.00

LIT Announcements

Latest Announcements

Date Announcements

23 April 24

Quarterly Activities Report March 2024

×

Quarterly Activities Report March 2024

16 April 24

CXM: MOU for Battery Market Opportunities

×

CXM: MOU for Battery Market Opportunities

16 April 24

Lithium Australia signs MOU with Centrex

×

Lithium Australia signs MOU with Centrex

16 April 24

Lithium Australia Limited - CXM: MOU for Battery Market Opportunities (LIT-AU)

×

Lithium Australia Limited - CXM: MOU for Battery Market Opportunities (LIT-AU)

16 April 24

Lithium Australia Limited - Lithium Australia signs MOU with Centrex (LIT-AU)

×

Lithium Australia Limited - Lithium Australia signs MOU with Centrex (LIT-AU)

05 April 24

LIT confirms third drawdown from Mineral Resources

×

LIT confirms third drawdown from Mineral Resources

05 April 24

Lithium Australia Limited - LIT confirms third drawdown from Mineral Resources (LIT-AU)

×

Lithium Australia Limited - LIT confirms third drawdown from Mineral Resources (LIT-AU)

25 March 24

Exclusive battery recycling agreement with Hyundai Glovis

×

Exclusive battery recycling agreement with Hyundai Glovis

25 March 24

Lithium Australia Limited - Exclusive battery recycling agreement with Hyundai Glovis (LIT-AU)

×

Lithium Australia Limited - Exclusive battery recycling agreement with Hyundai Glovis (LIT-AU)

19 March 24

LIT commences LieNA piloting under JDA with MinRes

×

LIT commences LieNA piloting under JDA with MinRes

19 March 24

Lithium Australia Limited - LIT commences LieNA piloting under JDA with MinRes (LIT-AU)

×

Lithium Australia Limited - LIT commences LieNA piloting under JDA with MinRes (LIT-AU)

18 March 24

New battery recycling agreement with LG Energy Solution

×

New battery recycling agreement with LG Energy Solution

18 March 24

Investor Webinar Presentation

×

Investor Webinar Presentation

18 March 24

Lithium Australia Limited - New battery recycling agreement with LG Energy Solution (LIT-AU)

×

Lithium Australia Limited - New battery recycling agreement with LG Energy Solution (LIT-AU)

18 March 24

Lithium Australia Limited - Investor Webinar Presentation (LIT-AU)

×

Lithium Australia Limited - Investor Webinar Presentation (LIT-AU)

07 March 24

LIT signs MOU with SungEel HiTech for MMD off-take and JDA

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LIT signs MOU with SungEel HiTech for MMD off-take and JDA

07 March 24

Lithium Australia Limited - LIT signs MOU with SungEel HiTech for MMD off-take and JDA (LIT-AU)

×

Lithium Australia Limited - LIT signs MOU with SungEel HiTech for MMD off-take and JDA (LIT-AU)

01 March 24

Change of Share Registry Details

×

Change of Share Registry Details

01 March 24

Lithium Australia Limited - Change of Share Registry Details (LIT-AU)

×

Lithium Australia Limited - Change of Share Registry Details (LIT-AU)

28 February 24

Appendix 4D

×

Appendix 4D

28 February 24

Half Year Accounts

×

Half Year Accounts

28 February 24

Issue of Shares

×

Issue of Shares

28 February 24

Application for quotation of securities - LIT

×

Application for quotation of securities - LIT

28 February 24

Lithium Australia Limited - Appendix 4D (LIT-AU)

×

Lithium Australia Limited - Appendix 4D (LIT-AU)

LIT Fundamentals

Per Share Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock -0.02 -0.02 -0.01 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock -0.02 -0.02 -0.01 Lock Lock Lock
     Growth % Lock Lock Lock Lock -60.1 16.3 70.2 Lock Lock Lock
     PE X Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
CFPS $ Lock Lock Lock Lock -0.01 -0.01 -0.01 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.01 -0.01 -0.01 Lock Lock Lock
     Growth % Lock Lock Lock Lock -40.4 15.6 44.8 Lock Lock Lock
     Yield % Lock Lock Lock Lock -6.9 -22.8 -24.7 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.00 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.03 0.01 0.01 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.01 0.01 0.01 Lock Lock Lock
     Growth % Lock Lock Lock Lock -24.6 -51.2 99.5 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 809 1,007 1,186 Lock Lock Lock
Basic m Lock Lock Lock Lock 809 1,007 1,186 Lock Lock Lock

Financial Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 1 3 5 Lock Lock Lock
     Growth % Lock Lock Lock Lock 214.1 150.1 86.6 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 8 5 3 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock -9 -13 -10 Lock Lock Lock
     Growth % Lock Lock Lock Lock -33.2 -35.1 22.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock -792.2 -427.7 -177.6 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 892 528 278 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock -15 -14 -9 Lock Lock Lock
     Growth % Lock Lock Lock Lock -96.1 10.8 34.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock -1,312.3 -468.0 -164.6 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 2 3 3 Lock Lock Lock
EBIT $m Lock Lock Lock Lock -18 -17 -12 Lock Lock Lock
     Growth % Lock Lock Lock Lock -77.5 2.4 28.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock -1,488.8 -581.2 -224.0 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock -22 -21 -7 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock -1 0 0 Lock Lock Lock
Net Income $m Lock Lock Lock Lock -20 -21 -7 Lock Lock Lock
     Growth % Lock Lock Lock Lock -132.7 -3.9 64.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock -1,688.8 -701.4 -131.9 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock -5 -10 -9 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 2 3 2 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -2 -3 1 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 14 6 12 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock -6 -12 -10 Lock Lock Lock
     Growth % Lock Lock Lock Lock -20.7 -109.0 17.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock -4.8 -4.0 -1.8 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 12 6 16 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 33 22 25 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 0 1 1 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -11 -4 -14 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 9 11 8 Lock Lock Lock
Equity $m Lock Lock Lock Lock 25 12 18 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 25 13 19 Lock Lock Lock
     Growth % Lock Lock Lock Lock 1.5 -48.7 44.3 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock -61.0 -94.1 -28.9 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -79.5 -174.0 -39.8 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock -70.0 -91.5 -77.7 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock -78.8 -107.4 -45.5 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock -18.7 -51.1 -54.2 Lock Lock Lock

Ratios Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock -9.9 -1,043.4 -520.0 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 0.7 0.3 1.6 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -43.3 -34.6 -78.9 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 1.6 0.8 2.4 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 1.5 0.7 2.3 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 86.4 76.3 90.0 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock -55.1 -102.9 -121.4 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 3.1 5.7 7.2 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 20.9 20.0 19.5 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 0.2 N/A 0.5 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 59.4 31.8 17.7 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.0 0.1 0.2 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.0 0.1 0.2 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock -1,878.2 -705.6 -134.9 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock -67.8 -94.6 -29.5 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock -61.0 -94.1 -28.9 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.3 1.8 1.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -79.5 -174.0 -39.8 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 100.0 100.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -79.5 -174.0 -39.8 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 17.4 18.3 18.8 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 116.1 63.9 50.8 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 133.5 82.1 69.6 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 19.8 19.1 23.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 113.7 63.1 46.6 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

N/A

Franking Level

N/A

DPSg

0.00%

Quality Yield

Lock

Falling Divs over next 2

Lock

Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.00%

Value ($M)

0

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

N/A

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Frequently Asked Questions

The current share price of Lithium Australia Limited (LIT:ASX) is AU$0.028.
The 52-week high share price for Lithium Australia Limited (LIT:ASX) is AU$0.07.
The 52-week low share price for Lithium Australia Limited (LIT:ASX)? is AU$0.03.
Lithium Australia Limited (LIT:ASX) does not pay a dividend.
Lithium Australia Limited (LIT:ASX) does not pay a dividend.
Lithium Australia Limited (LIT:ASX) has a franking level of 0%.
Lithium Australia Limited (LIT:ASX) is classified in the Industrials.
The current P/E ratio for Lithium Australia Limited (LIT:ASX) is .