Nevada Lithium Resources Inc.

    Nevada Lithium Resources Inc.

    CCSE:NVLH
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    Share Statistics

    As of October 31, 2024, Nevada Lithium Resources Inc. has 259.40M shares outstanding.

    Shares Outstanding259.40M

    Valuation Ratios

    These figures are as of October 31, 2024.

    PB Ratio1.12
    P/TBV Ratio0.96
    P/FCF Ratio16.32
    P/OCF Ratio-22.88

    Financial Position

    As of October 31, 2024, Nevada Lithium Resources Inc. maintains a current ratio of 12.06, meaning it holds 12.1x the short-term assets needed to cover near-term liabilities.

    Current Ratio12.06
    Quick Ratio11.99
    Interest Coverage5,107.86

    Financial Efficiency

    Over the twelve months ended October 31, 2024, Nevada Lithium Resources Inc. posted a negative return on equity (ROE) of -2.69, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -2.29, reflecting losses generated across the asset base. Return on capital employed (ROCE) is negative at -1.97, pointing to unprofitable operations over the period.

    Return on Equity (ROE)-2.69
    Return on Assets (ROA)-2.29
    Return on Capital Employed (ROCE)-1.97

    Dividends & Yields

    These figures cover the twelve months ended October 31, 2024. Free cash flow yield stands at 6.13, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -12.88, meaning Nevada Lithium Resources Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

    Shareholder Yield-12.88
    FCF Yield6.13

    Scores

    As of October 31, 2024, Nevada Lithium Resources Inc. has an Altman Z-Score of 67.92, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score67.92