Admiralty Resources NL (ADY) - Net Assets
Based on the latest financial reports, Admiralty Resources NL (ADY) has net assets worth AU$11.31 Million AUD (≈ $8.00 Million USD) 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 ≈ $20.92 Million USD) and total liabilities (AU$18.25 Million ≈ $12.92 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. Check Admiralty Resources NL (ADY) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Admiralty Resources NL's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see ADY stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$6.53 Million ≈ $4.62 Million |
-14.69% |
| 2023-06-30 | AU$7.66 Million ≈ $5.42 Million |
-21.65% |
| 2022-06-30 | AU$9.77 Million ≈ $6.91 Million |
-9.56% |
| 2021-06-30 | AU$10.81 Million ≈ $7.65 Million |
-6.39% |
| 2020-06-30 | AU$11.54 Million ≈ $8.17 Million |
-11.81% |
| 2019-06-30 | AU$13.09 Million ≈ $9.26 Million |
-7.62% |
| 2018-06-30 | AU$14.17 Million ≈ $10.03 Million |
-17.51% |
| 2017-06-30 | AU$17.18 Million ≈ $12.15 Million |
+9.16% |
| 2016-06-30 | AU$15.73 Million ≈ $11.13 Million |
-0.91% |
| 2015-06-30 | AU$15.88 Million ≈ $11.23 Million |
-7.62% |
| 2014-06-30 | AU$17.19 Million ≈ $12.16 Million |
-14.70% |
| 2013-06-30 | AU$20.15 Million ≈ $14.26 Million |
-50.98% |
| 2012-06-30 | AU$41.11 Million ≈ $29.09 Million |
-19.58% |
| 2011-06-30 | AU$51.11 Million ≈ $36.17 Million |
+25.64% |
| 2010-06-30 | AU$40.68 Million ≈ $28.79 Million |
+35.71% |
| 2009-06-30 | AU$29.98 Million ≈ $21.21 Million |
-48.30% |
| 2008-06-30 | AU$57.99 Million ≈ $41.03 Million |
+135.86% |
| 2007-06-30 | AU$24.59 Million ≈ $17.40 Million |
+38.62% |
| 2006-06-30 | AU$17.74 Million ≈ $12.55 Million |
+167.17% |
| 2005-06-30 | AU$6.64 Million ≈ $4.70 Million |
+35.45% |
| 2004-06-30 | AU$4.90 Million ≈ $3.47 Million |
+14.82% |
| 2003-06-30 | AU$4.27 Million ≈ $3.02 Million |
+56.38% |
| 2002-06-30 | AU$2.73 Million ≈ $1.93 Million |
+37.67% |
| 2001-06-30 | AU$1.98 Million ≈ $1.40 Million |
-36.55% |
| 2000-06-30 | AU$3.12 Million ≈ $2.21 Million |
+1105.86% |
| 1999-06-30 | AU$259.12K ≈ $183.34K |
-92.35% |
| 1998-06-30 | AU$3.39 Million ≈ $2.40 Million |
-36.37% |
| 1997-06-30 | AU$5.33 Million ≈ $3.77 Million |
-19.06% |
| 1996-06-30 | AU$6.58 Million ≈ $4.66 Million |
-1.26% |
| 1995-06-30 | AU$6.66 Million ≈ $4.72 Million |
+3.91% |
| 1994-06-30 | AU$6.41 Million ≈ $4.54 Million |
+136.55% |
| 1993-06-30 | AU$2.71 Million ≈ $1.92 Million |
+66.73% |
| 1992-06-30 | AU$1.63 Million ≈ $1.15 Million |
-81.96% |
| 1991-06-30 | AU$9.01 Million ≈ $6.38 Million |
+206.84% |
| 1990-06-30 | AU$2.94 Million ≈ $2.08 Million |
-72.78% |
| 1989-06-30 | AU$10.79 Million ≈ $7.63 Million |
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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 |
|---|---|
|
PROSTAR HOLDINGS INC.
F:5D00
|
$11.17 Million |
|
Volcano Bhd
KLSE:0232
|
$11.17 Million |
|
Clemondo Group AB (publ)
ST:CLEM
|
$11.18 Million |
|
Green Circle Decarbonize Technology Limited
NYSE MKT:GCDT
|
$11.18 Million |
|
Four Leaf Acquisition Corporation Class A Common Stock
NASDAQ:FORL
|
$11.16 Million |
|
Lianhe Sowell International Group Ltd Ordinary Shares
NASDAQ:LHSW
|
$11.16 Million |
|
Roctool
PA:ALROC
|
$11.15 Million |
|
elumeo SE
XETRA:ELB
|
$11.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Admiralty Resources NL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,656,932 to 6,532,014, a change of -1,124,918 (-14.7%).
- Net loss of 2,829,000 reduced equity.
- New share issuances of 733,831 increased equity.
- Other comprehensive income decreased equity by 55,437.
- Other factors increased equity by 1,025,688.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-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: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
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 | $11.16 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About 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.