Lifezone Metals Limited balance sheet LZM-WT

Annual Quarterly

As of Dec 31, 2025, Lifezone Metals Limited had total assets of $175.8 million and total liabilities of $102.9 million. Total assets were up 12.2% from a year earlier. Stockholders' equity was $72.8 million. It held $20.1 million in cash and investments against $2.1 million of total debt, net cash of $18.1 million. The current ratio, current assets divided by current liabilities, was 0.46.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
Assets
Cash
20
-31.2%
29
-40.7%
49
Cash and investments
20
-31.2%
29
-40.7%
49
Receivables
2
-4.1%
2
-44.7%
4
Inventory
0
-64.2%
0
+60.8%
0
Total current assets
27
-13.3%
32
-42.3%
55
Property and equipment, net
4
-18.4%
5
-11.9%
6
Goodwill
0
0
-100.0%
9
Total assets
176
+12.2%
157
+10.1%
142
Liabilities and equity
Accounts payable
4
-21.9%
5
-42.2%
8
Total current liabilities
59
+5.5%
56
+338.7%
13
Total liabilities
103
+79.5%
57
+311.0%
14
Stockholders' equity
73
-26.7%
99
-22.6%
128
Debt
Lease liabilities
2
+44.8%
1
-20.6%
2
Total debt
2
+44.8%
1
-20.6%
2
Net cash
18
-35.1%
28
-41.5%
48
Ratios
Current ratio
0.46x
0.57x
4.30x
Debt to equity
0.03x
0.01x
0.01x
Return on equity
-19.37%
-47.46%
-284.20%
Return on assets
-8.03%
-30.09%
-256.33%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Metal Mining (SIC 1000)
Listed as
LZM (NYSE), LZM-WT (NYSE)
Fiscal year ends
December 31
Incorporated in
Isle of Man
Headquarters
Douglas, Isle of Man
SEC filer status
Accelerated filer, Emerging growth company
SEC CIK
1958217

Other Metal Mining companies

All 93 Metal Mining companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.