Admiralty Resources NL
Admiralty Resources NL, together with its subsidiaries, engages in the mineral exploration business in Australia and Chile. It explores for iron, nickel, and cobalt deposits. The company's flagship project is the Mariposa Iron Ore Project located in Chile. Admiralty Resources NL was incorporated in 1981 and is headquartered in North Sydney, Australia.
Admiralty Resources NL (ADY) - Net Assets
Latest net assets as of December 2024: AU$11.31 Million AUD
Based on the latest financial reports, Admiralty Resources NL (ADY) has net assets worth AU$11.31 Million AUD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$29.56 Million) and total liabilities (AU$18.25 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$11.31 Million |
| % of Total Assets | 38.25% |
| Annual Growth Rate | -1.42% |
| 5-Year Change | -43.41% |
| 10-Year Change | -58.86% |
| Growth Volatility | 193.51 |
Admiralty Resources NL - Net Assets Trend (1989–2024)
This chart illustrates how Admiralty Resources NL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Admiralty Resources NL (1989–2024)
The table below shows the annual net assets of Admiralty Resources NL from 1989 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$6.53 Million | -14.69% |
| 2023-06-30 | AU$7.66 Million | -21.65% |
| 2022-06-30 | AU$9.77 Million | -9.56% |
| 2021-06-30 | AU$10.81 Million | -6.39% |
| 2020-06-30 | AU$11.54 Million | -11.81% |
| 2019-06-30 | AU$13.09 Million | -7.62% |
| 2018-06-30 | AU$14.17 Million | -17.51% |
| 2017-06-30 | AU$17.18 Million | +9.16% |
| 2016-06-30 | AU$15.73 Million | -0.91% |
| 2015-06-30 | AU$15.88 Million | -7.62% |
| 2014-06-30 | AU$17.19 Million | -14.70% |
| 2013-06-30 | AU$20.15 Million | -50.98% |
| 2012-06-30 | AU$41.11 Million | -19.58% |
| 2011-06-30 | AU$51.11 Million | +25.64% |
| 2010-06-30 | AU$40.68 Million | +35.71% |
| 2009-06-30 | AU$29.98 Million | -48.30% |
| 2008-06-30 | AU$57.99 Million | +135.86% |
| 2007-06-30 | AU$24.59 Million | +38.62% |
| 2006-06-30 | AU$17.74 Million | +167.17% |
| 2005-06-30 | AU$6.64 Million | +35.45% |
| 2004-06-30 | AU$4.90 Million | +14.82% |
| 2003-06-30 | AU$4.27 Million | +56.38% |
| 2002-06-30 | AU$2.73 Million | +37.67% |
| 2001-06-30 | AU$1.98 Million | -36.55% |
| 2000-06-30 | AU$3.12 Million | +1105.86% |
| 1999-06-30 | AU$259.12K | -92.35% |
| 1998-06-30 | AU$3.39 Million | -36.37% |
| 1997-06-30 | AU$5.33 Million | -19.06% |
| 1996-06-30 | AU$6.58 Million | -1.26% |
| 1995-06-30 | AU$6.66 Million | +3.91% |
| 1994-06-30 | AU$6.41 Million | +136.55% |
| 1993-06-30 | AU$2.71 Million | +66.73% |
| 1992-06-30 | AU$1.63 Million | -81.96% |
| 1991-06-30 | AU$9.01 Million | +206.84% |
| 1990-06-30 | AU$2.94 Million | -72.78% |
| 1989-06-30 | AU$10.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Admiralty Resources NL'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 11971992500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$149.94 Million | 2295.49% |
| Other Comprehensive Income | AU$-842.99K | -12.91% |
| Total Equity | AU$6.53 Million | 100.00% |
Admiralty Resources NL Competitors by Market Cap
The table below lists competitors of Admiralty Resources NL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Feelux Co. Ltd.
KO:033180
|
$5.70 Million |
|
Spineguard
PA:ALSGD
|
$5.70 Million |
|
Megado Minerals Ltd
AU:MEG
|
$5.70 Million |
|
Tintra PLC
PINK:TNTAF
|
$5.70 Million |
|
Yen Bai Industry Mineral JSC
VN:YBM
|
$5.70 Million |
|
Gaya Abadi Sempurna
JK:SLIS
|
$5.70 Million |
|
Ktima Kostas Lazaridis S.A
AT:KTILA
|
$5.70 Million |
|
Nexgel Inc
NASDAQ:NXGL
|
$5.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Admiralty Resources NL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,656,932 to 6,532,014, a change of -1,124,918 (-14.7%).
- Net loss of 2,829,000 reduced equity.
- New share issuances of 733,831 increased equity.
- Other comprehensive income decreased equity by 55,437.
- Other factors increased equity by 1,025,688.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.83 Million | -43.31% |
| Share Issuances | AU$733.83K | +11.23% |
| Other Comprehensive Income | AU$-55.44K | -0.85% |
| Other Changes | AU$1.03 Million | +15.7% |
| Total Change | AU$- | -14.69% |
Book Value vs Market Value Analysis
This analysis compares Admiralty Resources NL'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: 1.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.72x to 1.27x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$0.01 | AU$0.01 | x |
| 1990-06-30 | AU$0.00 | AU$0.01 | x |
| 1991-06-30 | AU$0.01 | AU$0.01 | x |
| 1992-06-30 | AU$0.00 | AU$0.01 | x |
| 1993-06-30 | AU$0.00 | AU$0.01 | x |
| 1994-06-30 | AU$1.63 | AU$0.01 | x |
| 1995-06-30 | AU$1.59 | AU$0.01 | x |
| 1996-06-30 | AU$1.43 | AU$0.01 | x |
| 1997-06-30 | AU$0.40 | AU$0.01 | x |
| 1998-06-30 | AU$0.26 | AU$0.01 | x |
| 1999-06-30 | AU$0.02 | AU$0.01 | x |
| 2000-06-30 | AU$0.16 | AU$0.01 | x |
| 2001-06-30 | AU$0.05 | AU$0.01 | x |
| 2002-06-30 | AU$0.05 | AU$0.01 | x |
| 2003-06-30 | AU$0.06 | AU$0.01 | x |
| 2004-06-30 | AU$0.06 | AU$0.01 | x |
| 2005-06-30 | AU$0.07 | AU$0.01 | x |
| 2006-06-30 | AU$0.16 | AU$0.01 | x |
| 2007-06-30 | AU$0.19 | AU$0.01 | x |
| 2008-06-30 | AU$0.25 | AU$0.01 | x |
| 2009-06-30 | AU$0.12 | AU$0.01 | x |
| 2010-06-30 | AU$0.11 | AU$0.01 | x |
| 2011-06-30 | AU$0.10 | AU$0.01 | x |
| 2012-06-30 | AU$0.07 | AU$0.01 | x |
| 2013-06-30 | AU$0.03 | AU$0.01 | x |
| 2014-06-30 | AU$0.02 | AU$0.01 | x |
| 2015-06-30 | AU$0.02 | AU$0.01 | x |
| 2016-06-30 | AU$0.02 | AU$0.01 | x |
| 2017-06-30 | AU$0.01 | AU$0.01 | x |
| 2018-06-30 | AU$0.01 | AU$0.01 | x |
| 2019-06-30 | AU$0.01 | AU$0.01 | x |
| 2020-06-30 | AU$0.01 | AU$0.01 | x |
| 2021-06-30 | AU$0.01 | AU$0.01 | x |
| 2022-06-30 | AU$0.01 | AU$0.01 | x |
| 2023-06-30 | AU$0.01 | AU$0.01 | x |
| 2024-06-30 | AU$0.00 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Admiralty Resources NL 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): -43.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22923.59%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.54x
- Recent ROE (-43.31%) is below the historical average (-37.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 15.18% | 0.00% | 0.00x | 2.31x | AU$499.40K |
| 1990 | 23.15% | 0.00% | 0.00x | 5.67x | AU$373.80K |
| 1991 | 101.89% | 0.00% | 0.00x | 1.51x | AU$8.28 Million |
| 1996 | 531.63% | 0.00% | 0.00x | 1.65x | AU$34.32 Million |
| 1997 | -58.73% | 0.00% | 0.00x | 1.24x | AU$-3.66 Million |
| 1998 | -37.95% | 0.00% | 0.00x | 1.21x | AU$-1.62 Million |
| 1999 | -904.61% | 0.00% | 0.00x | 3.29x | AU$-2.37 Million |
| 2000 | -27.46% | -154.32% | 0.16x | 1.08x | AU$-1.17 Million |
| 2001 | -134.97% | -16218.03% | 0.01x | 1.06x | AU$-2.87 Million |
| 2002 | -47.12% | -2217.24% | 0.02x | 1.04x | AU$-1.56 Million |
| 2003 | -55.50% | -29612.50% | 0.00x | 1.09x | AU$-2.80 Million |
| 2004 | -19.67% | -4820.00% | 0.00x | 1.01x | AU$-1.45 Million |
| 2005 | -44.62% | -12878.26% | 0.00x | 3.11x | AU$-3.63 Million |
| 2006 | -42.07% | -6952.58% | 0.00x | 1.42x | AU$-9.24 Million |
| 2007 | -34.82% | -45367.82% | 0.00x | 1.50x | AU$-11.02 Million |
| 2008 | -62.34% | -133.27% | 0.28x | 1.67x | AU$-38.01 Million |
| 2009 | -107.02% | -191.13% | 0.33x | 1.71x | AU$-35.08 Million |
| 2010 | -4.09% | -331.08% | 0.01x | 1.15x | AU$-5.73 Million |
| 2011 | 28.20% | 0.00% | 0.00x | 1.01x | AU$9.30 Million |
| 2012 | -37.24% | 0.00% | 0.00x | 1.00x | AU$-19.42 Million |
| 2013 | -105.10% | 0.00% | 0.00x | 1.08x | AU$-23.19 Million |
| 2014 | -18.30% | 0.00% | 0.00x | 1.18x | AU$-4.86 Million |
| 2015 | -28.03% | -252840.91% | 0.00x | 1.24x | AU$-6.04 Million |
| 2016 | -14.88% | -250642.40% | 0.00x | 1.27x | AU$-3.91 Million |
| 2017 | 8.41% | 84502.92% | 0.00x | 1.15x | AU$-272.63K |
| 2018 | -21.40% | -221313.87% | 0.00x | 1.41x | AU$-4.45 Million |
| 2019 | -8.68% | -39.42% | 0.13x | 1.71x | AU$-2.44 Million |
| 2020 | -13.39% | -3091680.00% | 0.00x | 2.00x | AU$-2.70 Million |
| 2021 | -14.31% | 0.00% | 0.00x | 2.16x | AU$-2.63 Million |
| 2022 | -7.54% | 0.00% | 0.00x | 2.43x | AU$-1.71 Million |
| 2023 | -27.07% | 0.00% | 0.00x | 3.35x | AU$-2.84 Million |
| 2024 | -43.31% | -22923.59% | 0.00x | 3.54x | AU$-3.48 Million |
Industry Comparison
This section compares Admiralty Resources NL's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,127,805
- Average return on equity (ROE) among peers: -22.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Admiralty Resources NL (ADY) | AU$11.31 Million | 15.18% | 1.61x | $5.70 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.10K |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $2.93 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $24.91 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $71.83 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $170.41 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | 0.47% | 0.11x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |