Athena Resources Ltd
Athena Resources Limited operates as a mineral exploration company in Australia. The company explores for iron ore, anomalous copper, nickel, platinum group element, and chromite deposits. The company holds a 100% interest in the Byro project located in Western Australia. The company was incorporated in 2005 and is based in Perth, Australia.
Athena Resources Ltd (AHN) - Net Assets
Latest net assets as of June 2025: AU$15.48 Million AUD
Based on the latest financial reports, Athena Resources Ltd (AHN) has net assets worth AU$15.48 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$15.67 Million) and total liabilities (AU$191.63K). 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$15.48 Million |
| % of Total Assets | 98.78% |
| Annual Growth Rate | 24.38% |
| 5-Year Change | 70.14% |
| 10-Year Change | 119.62% |
| Growth Volatility | 275.08 |
Athena Resources Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Athena Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Athena Resources Ltd (2006–2025)
The table below shows the annual net assets of Athena Resources Ltd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$15.48 Million | +21.61% |
| 2024-06-30 | AU$12.73 Million | -5.19% |
| 2023-06-30 | AU$13.42 Million | +18.94% |
| 2022-06-30 | AU$11.28 Million | +24.07% |
| 2021-06-30 | AU$9.10 Million | +21.33% |
| 2020-06-30 | AU$7.50 Million | +10.14% |
| 2019-06-30 | AU$6.81 Million | +1.26% |
| 2018-06-30 | AU$6.72 Million | -2.80% |
| 2017-06-30 | AU$6.92 Million | -1.86% |
| 2016-06-30 | AU$7.05 Million | +16.99% |
| 2015-06-30 | AU$6.02 Million | +13.64% |
| 2014-06-30 | AU$5.30 Million | -6.33% |
| 2013-06-30 | AU$5.66 Million | +1.49% |
| 2012-06-30 | AU$5.58 Million | -7.11% |
| 2011-06-30 | AU$6.00 Million | +94.66% |
| 2010-06-30 | AU$3.08 Million | +40.05% |
| 2009-06-30 | AU$2.20 Million | -20.02% |
| 2008-06-30 | AU$2.75 Million | -16.04% |
| 2007-06-30 | AU$3.28 Million | +1238.37% |
| 2006-06-30 | AU$245.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Athena Resources 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 1017723200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$24.70 Million | 159.59% |
| Other Comprehensive Income | AU$955.41K | 6.17% |
| Total Equity | AU$15.48 Million | 100.00% |
Athena Resources Ltd Competitors by Market Cap
The table below lists competitors of Athena Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Techindia Nirman Limited
NSE:TECHIN
|
$1.48 Million |
|
Ensysce Biosciences Inc
NASDAQ:ENSC
|
$1.48 Million |
|
Nocera Inc
NASDAQ:NCRA
|
$1.48 Million |
|
Altura Mining Limited
PINK:ALTAF
|
$1.48 Million |
|
Kim Hin Joo
KLSE:0210
|
$1.47 Million |
|
Merafe
JSE:MRF
|
$1.47 Million |
|
NEXT (NXG.SG)
STU:NXG
|
$1.47 Million |
|
Woomera Mining Ltd
AU:WML
|
$1.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Athena Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,725,135 to 15,475,324, a change of 2,750,189 (21.6%).
- Net loss of 804,757 reduced equity.
- Other comprehensive income increased equity by 12,000.
- Other factors increased equity by 3,542,946.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-804.76K | -5.2% |
| Other Comprehensive Income | AU$12.00K | +0.08% |
| Other Changes | AU$3.54 Million | +22.89% |
| Total Change | AU$- | 21.61% |
Book Value vs Market Value Analysis
This analysis compares Athena Resources 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: 0.30x
- 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 0.03x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | AU$0.09 | AU$0.00 | x |
| 2008-06-30 | AU$0.06 | AU$0.00 | x |
| 2009-06-30 | AU$0.04 | AU$0.00 | x |
| 2010-06-30 | AU$0.03 | AU$0.00 | x |
| 2011-06-30 | AU$0.05 | AU$0.00 | x |
| 2012-06-30 | AU$0.03 | AU$0.00 | x |
| 2013-06-30 | AU$0.03 | AU$0.00 | x |
| 2014-06-30 | AU$0.03 | AU$0.00 | x |
| 2015-06-30 | AU$0.02 | AU$0.00 | x |
| 2016-06-30 | AU$0.02 | AU$0.00 | x |
| 2017-06-30 | AU$0.03 | AU$0.00 | x |
| 2018-06-30 | AU$0.02 | AU$0.00 | x |
| 2019-06-30 | AU$0.02 | AU$0.00 | x |
| 2020-06-30 | AU$0.02 | AU$0.00 | x |
| 2021-06-30 | AU$0.02 | AU$0.00 | x |
| 2022-06-30 | AU$0.01 | AU$0.00 | x |
| 2023-06-30 | AU$0.01 | AU$0.00 | x |
| 2024-06-30 | AU$0.01 | AU$0.00 | x |
| 2025-06-30 | AU$0.01 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Athena Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-5.20%) is above the historical average (-12.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -8.40% | -353.16% | 0.02x | 1.13x | AU$-603.37K |
| 2008 | -50.36% | -3648.86% | 0.01x | 1.09x | AU$-1.66 Million |
| 2009 | -65.36% | -14390.32% | 0.00x | 1.12x | AU$-1.66 Million |
| 2010 | -13.37% | -2749.03% | 0.00x | 1.10x | AU$-720.73K |
| 2011 | -11.11% | -1587.84% | 0.01x | 1.07x | AU$-1.27 Million |
| 2012 | -30.71% | -17126.09% | 0.00x | 1.05x | AU$-2.27 Million |
| 2013 | 0.46% | 977.84% | 0.00x | 1.08x | AU$-539.76K |
| 2014 | -6.24% | -18278.62% | 0.00x | 1.19x | AU$-860.89K |
| 2015 | -12.76% | -27027.99% | 0.00x | 1.10x | AU$-1.37 Million |
| 2016 | 1.18% | 1228.92% | 0.00x | 1.14x | AU$-621.57K |
| 2017 | -1.89% | -6132.68% | 0.00x | 1.11x | AU$-822.55K |
| 2018 | -2.88% | -80.64% | 0.03x | 1.17x | AU$-865.75K |
| 2019 | -6.39% | -2173.89% | 0.00x | 1.24x | AU$-1.12 Million |
| 2020 | -4.46% | -668036.00% | 0.00x | 1.19x | AU$-1.08 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 1.04x | AU$-909.21K |
| 2022 | -4.85% | 0.00% | 0.00x | 1.05x | AU$-1.68 Million |
| 2023 | -5.07% | 0.00% | 0.00x | 1.02x | AU$-2.02 Million |
| 2024 | -5.47% | 0.00% | 0.00x | 1.04x | AU$-1.97 Million |
| 2025 | -5.20% | 0.00% | 0.00x | 1.01x | AU$-2.35 Million |
Industry Comparison
This section compares Athena Resources Ltd'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: $2,995,611
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Athena Resources Ltd (AHN) | AU$15.48 Million | -8.40% | 0.01x | $1.48 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 |
| Admiralty Resources NL (ADY) | $10.81 Million | -14.31% | 1.16x | $5.70 Million |