Ardiden Ltd Net Assets
Ardiden Ltd net assets. Based on the latest financial reports, Ardiden Ltd (ADV) has net assets worth AU$69.63 Million AUD (≈ $49.26 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$87.52 Million ≈ $61.92 Million USD) and total liabilities (AU$17.89 Million ≈ $12.66 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Ardiden Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$69.63 Million |
| % of Total Assets | 79.56% |
| Annual Growth Rate | 6.33% |
| 5-Year Change | 82.55% |
| 10-Year Change | 487.68% |
| Growth Volatility | 341.28 |
Net Assets of Ardiden Ltd (2005–2025)
Net assets of Ardiden Ltd from 2005 to 2025. This chart illustrates how Ardiden Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Ardiden Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Ardiden Ltd (2005–2025)
The table below shows the annual net assets of Ardiden Ltd from 2005 to 2025. For live market cap and overall valuation, see ADV stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$30.49 Million ≈ $21.57 Million |
-3.78% |
| 2024-06-30 | AU$31.69 Million ≈ $22.42 Million |
-24.42% |
| 2023-06-30 | AU$41.93 Million ≈ $29.67 Million |
+61.58% |
| 2022-06-30 | AU$25.95 Million ≈ $18.36 Million |
+55.36% |
| 2021-06-30 | AU$16.70 Million ≈ $11.82 Million |
+37.64% |
| 2020-06-30 | AU$12.13 Million ≈ $8.59 Million |
-6.47% |
| 2019-06-30 | AU$12.97 Million ≈ $9.18 Million |
-6.80% |
| 2018-06-30 | AU$13.92 Million ≈ $9.85 Million |
+151.38% |
| 2017-06-30 | AU$5.54 Million ≈ $3.92 Million |
+6.74% |
| 2016-06-30 | AU$5.19 Million ≈ $3.67 Million |
+778.09% |
| 2015-06-30 | AU$590.83K ≈ $418.05K |
+1236.58% |
| 2014-06-30 | AU$44.20K ≈ $31.28K |
-93.16% |
| 2013-06-30 | AU$646.52K ≈ $457.45K |
-50.08% |
| 2012-06-30 | AU$1.30 Million ≈ $916.45K |
-82.43% |
| 2011-06-30 | AU$7.37 Million ≈ $5.22 Million |
+60.72% |
| 2010-06-30 | AU$4.59 Million ≈ $3.25 Million |
+685.10% |
| 2009-06-30 | AU$584.29K ≈ $413.42K |
+299.14% |
| 2008-06-30 | AU$146.39K ≈ $103.58K |
-93.66% |
| 2007-06-30 | AU$2.31 Million ≈ $1.63 Million |
-74.69% |
| 2006-06-30 | AU$9.13 Million ≈ $6.46 Million |
+2.24% |
| 2005-06-30 | AU$8.93 Million ≈ $6.32 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ardiden Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2945415900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Ardiden Ltd Net Assets Breakdown (June 2025)
Ardiden Ltd net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$59.27 Million | 194.39% |
| Other Comprehensive Income | AU$784.26K | 2.57% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$30.49 Million | 100.00% |
Ardiden Ltd Competitors by Market Cap
The table below lists competitors of Ardiden Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KTIS Corporation
KO:058860
|
$50.94 Million |
|
Bowler Metcalf Ltd
JSE:BCF
|
$50.94 Million |
|
SERESCO (ACC.P.DESD.)-16
F:XV7
|
$50.95 Million |
|
Banxa Holdings Inc
V:BNXA
|
$50.95 Million |
|
Gihon Telekomunikasi Indonesia Tbk PT
JK:GHON
|
$50.92 Million |
|
Townsquare Media Inc
NYSE:TSQ
|
$50.92 Million |
|
Lark Distilling Co. Ltd
AU:LRK
|
$50.91 Million |
|
Cenit Co. Ltd
KQ:037760
|
$50.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ardiden Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 31,687,974 to 30,489,005, a change of -1,198,969 (-3.8%).
- Net loss of 1,373,582 reduced equity.
- Other comprehensive income decreased equity by 61,732.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.37 Million | -4.51% |
| Other Comprehensive Income | AU$-61.73K | -0.2% |
| Other Changes | AU$236.34K | +0.78% |
| Total Change | AU$- | -3.78% |
Book Value vs Market Value Analysis
This analysis compares Ardiden Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.75x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.09x to 0.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$3.56 | AU$0.34 | x |
| 2006-06-30 | AU$4.33 | AU$0.34 | x |
| 2007-06-30 | AU$0.75 | AU$0.34 | x |
| 2008-06-30 | AU$0.02 | AU$0.34 | x |
| 2009-06-30 | AU$0.04 | AU$0.34 | x |
| 2010-06-30 | AU$0.23 | AU$0.34 | x |
| 2011-06-30 | AU$0.15 | AU$0.34 | x |
| 2012-06-30 | AU$0.52 | AU$0.34 | x |
| 2013-06-30 | AU$0.12 | AU$0.34 | x |
| 2014-06-30 | AU$0.01 | AU$0.34 | x |
| 2015-06-30 | AU$0.08 | AU$0.34 | x |
| 2016-06-30 | AU$0.38 | AU$0.34 | x |
| 2017-06-30 | AU$0.39 | AU$0.34 | x |
| 2018-06-30 | AU$0.54 | AU$0.34 | x |
| 2019-06-30 | AU$0.33 | AU$0.34 | x |
| 2020-06-30 | AU$0.30 | AU$0.34 | x |
| 2021-06-30 | AU$0.34 | AU$0.34 | x |
| 2022-06-30 | AU$0.48 | AU$0.34 | x |
| 2023-06-30 | AU$0.67 | AU$0.34 | x |
| 2024-06-30 | AU$0.51 | AU$0.34 | x |
| 2025-06-30 | AU$0.44 | AU$0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ardiden Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.01x
- • Equity Multiplier: 1.00x
- Recent ROE (-4.51%) is above the historical average (-318.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -10.00% | 0.00% | 0.00x | 1.01x | AU$-1.83 Million |
| 2007 | -344.43% | 0.00% | 0.00x | 1.16x | AU$-8.19 Million |
| 2008 | -3007.76% | -614944.13% | 0.00x | 1.33x | AU$-4.42 Million |
| 2009 | -162.76% | -31700.00% | 0.00x | 4.75x | AU$-1.01 Million |
| 2010 | -31.81% | -4559.38% | 0.01x | 1.14x | AU$-1.92 Million |
| 2011 | -44.44% | -40950.00% | 0.00x | 1.14x | AU$-4.01 Million |
| 2012 | -752.46% | -5296.74% | 0.08x | 1.85x | AU$-9.88 Million |
| 2013 | -231.61% | -4679.40% | 0.03x | 1.43x | AU$-1.56 Million |
| 2014 | -1635.56% | 0.00% | 0.00x | 20.20x | AU$-727.42K |
| 2015 | -101.21% | -7579.21% | 0.01x | 1.36x | AU$-657.08K |
| 2016 | -11.16% | -9131.04% | 0.00x | 1.05x | AU$-1.10 Million |
| 2017 | -12.67% | -1553.26% | 0.01x | 1.11x | AU$-1.26 Million |
| 2018 | -19.79% | -26118.00% | 0.00x | 1.04x | AU$-4.15 Million |
| 2019 | -9.14% | -1485.17% | 0.01x | 1.01x | AU$-2.48 Million |
| 2020 | -8.07% | -5343.08% | 0.00x | 1.02x | AU$-2.19 Million |
| 2021 | -7.39% | -615.23% | 0.01x | 1.03x | AU$-2.90 Million |
| 2022 | 11.05% | 229280.00% | 0.00x | 1.07x | AU$271.18K |
| 2023 | 37.56% | 116581.54% | 0.00x | 1.01x | AU$11.56 Million |
| 2024 | -32.17% | -1725.95% | 0.02x | 1.00x | AU$-13.36 Million |
| 2025 | -4.51% | 0.00% | -0.01x | 1.00x | AU$-4.42 Million |
Industry Comparison
This section compares Ardiden Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $33,711,310
- Average return on equity (ROE) among peers: -14.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ardiden Ltd (ADV) | AU$69.63 Million | -10.00% | 0.26x | $50.94 Million |
| Australasian Metals Ltd (A8G) | $7.19 Million | -3.48% | 0.03x | $4.98 Million |
| Ariana Resources Plc (AA2) | $43.27 Million | 6.22% | 0.05x | $36.40 Million |
| Aruma Resources Ltd (AAJ) | $2.79 Million | -55.76% | 0.06x | $1.56 Million |
| Astral Resources NL (AAR) | $20.82 Million | -11.30% | 0.10x | $165.67 Million |
| Antilles Gold Ltd (AAU) | $462.96K | -37.13% | 1.22x | $11.60 Million |
| Adelong Gold Ltd (ADG) | $6.07 Million | -37.26% | 0.07x | $7.55 Million |
| Australian Gold and Copper Ltd (AGC) | $35.56 Million | -3.06% | 0.02x | $18.10 Million |
| Ark Mines Ltd (AHK) | $-3.15 Million | 0.00% | 0.00x | $14.07 Million |
| Alkane Resources Ltd (ALK) | $190.40 Million | 12.85% | 0.22x | $1.51 Billion |
About Ardiden Ltd
Ardiden Limited, together with its subsidiary, operates as a gold exploration company in Australia and Canada. It holds 100% interest in the Pickle Lake Gold project, which primarily consists of the Kasagiminnis, Dorothy, and Dobie gold deposits located in the Uchi Geological sub-province of north-western Ontario, Canada. The company was formerly known as Lac Gold Pty Ltd. Ardiden Limited and is … Read more