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Lithium Australia Limited (ASX:LIT)

AU$0.022

 0.0 (0.0%)
ASX:Live
26/07/2024 04:10:15 PM
HALO Ords GROWTH AUS All-Companies
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LIT Overview

LIT Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Neutral

Earnings

Very Strong

Growth

Earnings

Very Strong

Dividends

Very Strong

Quality

Capital Efficiency

Very Strong

Balance Sheet

Very Strong

About LIT

Website

Lithium Australia Limited

Telephone

61.8.6145.0288

Address

Level 1 677 Murray Street West Perth, Western Australia (WA) 6005

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$26.89M

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 0.02 - 0.07

Trade Value (12mth)

AU$20,305.00

1 week

-4.35%

1 month

22.22%

YTD

-26.67%

1 year

-31.25%

All time high

0.44

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

Industrials

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

25 July 24

Cleansing Notice

×

Cleansing Notice

25 July 24

Application for quotation of securities - LIT

×

Application for quotation of securities - LIT

25 July 24

Application for quotation of securities - LIT

×

Application for quotation of securities - LIT

25 July 24

Notification regarding unquoted securities - LIT

×

Notification regarding unquoted securities - LIT

25 July 24

Share Purchase Plan

×

Share Purchase Plan

24 July 24

Quarterly Activities Report June 2024

×

Quarterly Activities Report June 2024

22 July 24

LIT secures A$1.8m institutional investment and launches SPP

×

LIT secures A$1.8m institutional investment and launches SPP

22 July 24

Proposed issue of securities - LIT

×

Proposed issue of securities - LIT

22 July 24

Proposed issue of securities - LIT

×

Proposed issue of securities - LIT

22 July 24

Lithium Australia Limited - LIT secures A$1.8m institutional investment and launches SPP (LIT-AU)

×

Lithium Australia Limited - LIT secures A$1.8m institutional investment and launches SPP (LIT-AU)

22 July 24

Lithium Australia Limited - Proposed issue of securities - LIT (LIT-AU)

×

Lithium Australia Limited - Proposed issue of securities - LIT (LIT-AU)

22 July 24

Lithium Australia Limited - Proposed issue of securities - LIT (LIT-AU)

×

Lithium Australia Limited - Proposed issue of securities - LIT (LIT-AU)

19 July 24

LIT completes LieNA piloting and fourth drawdown from MinRes

×

LIT completes LieNA piloting and fourth drawdown from MinRes

19 July 24

Lithium Australia Limited - LIT completes LieNA piloting and fourth drawdown from MinRes (LIT-AU)

×

Lithium Australia Limited - LIT completes LieNA piloting and fourth drawdown from MinRes (LIT-AU)

16 July 24

Investor Presentation

×

Investor Presentation

16 July 24

Lithium Australia Limited - Investor Presentation (LIT-AU)

×

Lithium Australia Limited - Investor Presentation (LIT-AU)

11 July 24

Recycling operations achieve maiden operating cash profit

×

Recycling operations achieve maiden operating cash profit

11 July 24

Lithium Australia Limited - Recycling operations achieve maiden operating cash profit (LIT-AU)

×

Lithium Australia Limited - Recycling operations achieve maiden operating cash profit (LIT-AU)

27 June 24

Progress update LieNA piloting under JDA with MinRes

×

Progress update LieNA piloting under JDA with MinRes

27 June 24

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

×

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

13 June 24

LIT signs MMD off-take agreement with SungEel HiTech

×

LIT signs MMD off-take agreement with SungEel HiTech

05 June 24

Exclusive battery recycling agreement Volvo Group Australia

×

Exclusive battery recycling agreement Volvo Group Australia

05 June 24

Lithium Australia Limited - Exclusive battery recycling agreement Volvo Group Australia (LIT-AU)

×

Lithium Australia Limited - Exclusive battery recycling agreement Volvo Group Australia (LIT-AU)

08 May 24

Claim received to be managed by Envirostream's insurers

×

Claim received to be managed by Envirostream's insurers

LIT Fundamentals

Per Share Records

Historical data

Forecast 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

Forecast 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

Forecast 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

N/A

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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LIT Shortsell

Frequently Asked Questions

The current share price of Lithium Australia Limited (LIT:ASX) is AU$0.022.
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$0.02.
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 0.0%.
Lithium Australia Limited (LIT:ASX) is classified in the Industrials.
The current P/E ratio for Lithium Australia Limited (LIT:ASX) is .
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HALO Technologies Pty Ltd ABN 54 623 830 866 is a Corporate Authorised Representative No 1261916 of Macrovue Pty Ltd ABN 98 600 022 679 AFSL 484264. Macrovue Pty Ltd is a wholly owned subsidiary of HALO Technologies Pty Ltd.