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Advance Lithium (TSXV:AALI.H) Book Value per Share : C$0.00 (As of Feb. 2023)


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What is Advance Lithium Book Value per Share?

Advance Lithium's book value per share for the quarter that ended in Feb. 2023 was C$0.00.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

Advance Lithium's current price is C$0.025. Its book value per share for the quarter that ended in Feb. 2023 was C$0.00. Hence, today's PB Ratio of Advance Lithium is 8.33.


Advance Lithium Book Value per Share Historical Data

The historical data trend for Advance Lithium's Book Value per Share 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.

Advance Lithium Book Value per Share Chart

Advance Lithium Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.04 0.04 0.05 0.01

Advance Lithium Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.01 - - -

Competitive Comparison of Advance Lithium's Book Value per Share

For the Gold subindustry, Advance Lithium's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Advance Lithium's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Advance Lithium's PB Ratio distribution charts can be found below:

* The bar in red indicates where Advance Lithium's PB Ratio falls into.



Advance Lithium Book Value per Share Calculation

Advance Lithium's Book Value Per Share for the fiscal year that ended in May. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(0.44-0.00)/75.22
=0.01

Advance Lithium's Book Value Per Share for the quarter that ended in Feb. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(0.26-0.00)/83.52
=0.00

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Advance Lithium  (TSXV:AALI.H) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Advance Lithium Book Value per Share Related Terms

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Advance Lithium (TSXV:AALI.H) Business Description

Traded in Other Exchanges
Address
432 Royal Avenue, Kamloops, BC, CAN, V2B 3P7
Advance Lithium Corp is a junior exploration company focused on exploring and acquiring mineral properties containing lithium, precious metals and fertilizer minerals. The company has approximately 13 lithium-potassium-boron salars and a pilot plant designed and built using a patented extraction method to process lithium in a green manner.

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