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LLLAF (Leo Lithium) Piotroski F-Score : 4 (As of Mar. 17, 2025)


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What is Leo Lithium Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Leo Lithium has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Leo Lithium's Piotroski F-Score or its related term are showing as below:

LLLAF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 4   Max: 4
Current: 4

During the past 4 years, the highest Piotroski F-Score of Leo Lithium was 4. The lowest was 4. And the median was 4.


Leo Lithium Piotroski F-Score Historical Data

The historical data trend for Leo Lithium's Piotroski F-Score 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.

Leo Lithium Piotroski F-Score Chart

Leo Lithium Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
N/A N/A - 4.00

Leo Lithium Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Piotroski F-Score Get a 7-Day Free Trial N/A - - - 4.00

Competitive Comparison of Leo Lithium's Piotroski F-Score

For the Other Industrial Metals & Mining subindustry, Leo Lithium's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Leo Lithium's Piotroski F-Score Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Leo Lithium's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Leo Lithium's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* 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.

This Year (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was $251.82 Mil.
Cash Flow from Operations was $-54.64 Mil.
Revenue was $0.00 Mil.
Gross Profit was $0.00 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was (125.551 + 371.961) / 2 = $248.756 Mil.
Total Assets at the begining of this year (Dec23) was $125.55 Mil.
Long-Term Debt & Capital Lease Obligation was $0.58 Mil.
Total Current Assets was $347.96 Mil.
Total Current Liabilities was $5.88 Mil.
Net Income was $-1.13 Mil.

Revenue was $0.00 Mil.
Gross Profit was $0.00 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was (124.673 + 125.551) / 2 = $125.112 Mil.
Total Assets at the begining of last year (Dec22) was $124.67 Mil.
Long-Term Debt & Capital Lease Obligation was $0.77 Mil.
Total Current Assets was $48.81 Mil.
Total Current Liabilities was $1.53 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Leo Lithium's current Net Income (TTM) was 251.82. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Leo Lithium's current Cash Flow from Operations (TTM) was -54.64. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec23)
=251.82/125.551
=2.00571879

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-1.128/124.673
=-0.00904767

Leo Lithium's return on assets of this year was 2.00571879. Leo Lithium's return on assets of last year was -0.00904767. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Leo Lithium's current Net Income (TTM) was 251.82. Leo Lithium's current Cash Flow from Operations (TTM) was -54.64. ==> -54.64 <= 251.82 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.575/248.756
=0.0023115

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=0.769/125.112
=0.00614649

Leo Lithium's gearing of this year was 0.0023115. Leo Lithium's gearing of last year was 0.00614649. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec24)=Total Current Assets/Total Current Liabilities
=347.964/5.88
=59.17755102

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=48.809/1.529
=31.92217135

Leo Lithium's current ratio of this year was 59.17755102. Leo Lithium's current ratio of last year was 31.92217135. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Leo Lithium's number of shares in issue this year was 1198.656. Leo Lithium's number of shares in issue last year was 1197.893. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Leo Lithium's gross margin of this year was . Leo Lithium's gross margin of last year was . ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec23)
=0/125.551
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=0/124.673
=0

Leo Lithium's asset turnover of this year was 0. Leo Lithium's asset turnover of last year was 0. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+0+1+0+1+1+0+0+0
=4

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Leo Lithium has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Leo Lithium  (OTCPK:LLLAF) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Leo Lithium Piotroski F-Score Related Terms

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Leo Lithium Business Description

Traded in Other Exchanges
N/A
Address
16 Ventnor Avenue, Level 2, West Perth, WA, AUS, 6005
Leo Lithium Ltd is focused on the development of the Goulamina Lithium Project. The company operates in two segments; The Corporate operation includes the Perth Head Office and Project Team, and The Mali operation includes the development of the Goulamina JV and exploration for minerals.

Leo Lithium Headlines