Altair Minerals Ltd
Altair Minerals Limited engages in the exploration of natural resources in Australia and Canada. The company explores for gypsum, lithium, cobalt, and copper deposits. It holds 100% interests in the Pyramid Lake project covering an area of 112.66 square kilometers located in Esperance, Western Australia; Cobalt X project located in Queensland; and the Olympic Domain project consisting of three pr… Read more
Altair Minerals Ltd (ALR) - Net Assets
Latest net assets as of June 2025: AU$9.03 Million AUD
Based on the latest financial reports, Altair Minerals Ltd (ALR) has net assets worth AU$9.03 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$9.29 Million) and total liabilities (AU$253.97K). 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$9.03 Million |
| % of Total Assets | 97.27% |
| Annual Growth Rate | 17.96% |
| 5-Year Change | -19.13% |
| 10-Year Change | N/A |
| Growth Volatility | 75.1 |
Altair Minerals Ltd - Net Assets Trend (2020–2025)
This chart illustrates how Altair Minerals 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 Altair Minerals Ltd (2020–2025)
The table below shows the annual net assets of Altair Minerals Ltd from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$9.03 Million | -10.82% |
| 2024-06-30 | AU$10.13 Million | -0.46% |
| 2023-06-30 | AU$10.18 Million | -8.57% |
| 2022-06-30 | AU$11.13 Million | -0.36% |
| 2021-06-30 | AU$11.17 Million | +182.39% |
| 2020-06-30 | AU$3.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altair Minerals 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 1060759600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$26.89 Million | 297.67% |
| Other Components | AU$10.00 | 0.00% |
| Total Equity | AU$9.03 Million | 100.00% |
Altair Minerals Ltd Competitors by Market Cap
The table below lists competitors of Altair Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AVTECH Sweden AB Series B
ST:AVT-B
|
$29.31 Million |
|
Sunnic Technology & Merchandise
TWO:3360
|
$29.33 Million |
|
Diamond Food Indonesia PT
JK:DMND
|
$29.33 Million |
|
Astra Graphia Tbk
JK:ASGR
|
$29.34 Million |
|
Novem Group S.A.
F:NVM
|
$29.31 Million |
|
Simula Technology
TWO:3511
|
$29.30 Million |
|
Imugene Ltd
AU:IMU
|
$29.30 Million |
|
Casino Guichard Perrachon SA
PA:CO
|
$29.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altair Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,131,040 to 9,034,690, a change of -1,096,350 (-10.8%).
- Net loss of 1,098,020 reduced equity.
- Share repurchases of 1,670 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.10 Million | -12.15% |
| Share Repurchases | AU$1.67K | -0.02% |
| Other Changes | AU$3.34K | +0.04% |
| Total Change | AU$- | -10.82% |
Book Value vs Market Value Analysis
This analysis compares Altair Minerals 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: 11.41x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 4.17x to 11.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | AU$0.01 | AU$0.02 | x |
| 2021-06-30 | AU$0.01 | AU$0.02 | x |
| 2022-06-30 | AU$0.01 | AU$0.02 | x |
| 2023-06-30 | AU$0.01 | AU$0.02 | x |
| 2024-06-30 | AU$0.00 | AU$0.02 | x |
| 2025-06-30 | AU$0.00 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altair Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10214.14%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-12.15%) is above the historical average (-25.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -32.58% | 0.00% | 0.00x | 1.03x | AU$-1.68 Million |
| 2021 | -12.48% | 0.00% | 0.00x | 1.01x | AU$-2.51 Million |
| 2022 | -25.40% | -22935.50% | 0.00x | 1.09x | AU$-3.94 Million |
| 2023 | -35.84% | -63988.23% | 0.00x | 1.10x | AU$-4.67 Million |
| 2024 | -32.20% | -30208.98% | 0.00x | 1.05x | AU$-4.28 Million |
| 2025 | -12.15% | -10214.14% | 0.00x | 1.03x | AU$-2.00 Million |
Industry Comparison
This section compares Altair Minerals 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 |
|---|---|---|---|---|
| Altair Minerals Ltd (ALR) | AU$9.03 Million | -32.58% | 0.03x | $29.31 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 |