Alto Metals Ltd

AU:AME Australia Gold
Market Cap
$43.06 Million
AU$69.54 Million AUD
Market Cap Rank
#25363 Global
#553 in Australia
Share Price
AU$0.09
Change (1 day)
+0.00%
52-Week Range
AU$0.09 - AU$0.09
All Time High
AU$0.15
Categories
Companies in Australia Gold
About

Alto Metals Limited primarily explores for gold properties in Western Australia. It holds a 100% interest in Sandstone Gold project covering an area of approximately 740 square kilometers located in the East Murchison Mineral field in Western Australia. The company was formerly known as Enterprise Uranium Limited and changed its name to Alto Metals Limited in May 2016. Alto Metals Limited was inc… Read more

Alto Metals Ltd (AME) - Net Assets

Latest net assets as of June 2024: AU$32.23 Million AUD

Based on the latest financial reports, Alto Metals Ltd (AME) has net assets worth AU$32.23 Million AUD as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$33.23 Million) and total liabilities (AU$999.52K). 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$32.23 Million
% of Total Assets 96.99%
Annual Growth Rate 11.23%
5-Year Change 196.89%
10-Year Change 774.05%
Growth Volatility 40.17

Alto Metals Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Alto Metals 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 Alto Metals Ltd (2013–2024)

The table below shows the annual net assets of Alto Metals Ltd from 2013 to 2024.

Year Net Assets Change
2024-06-30 AU$32.23 Million +12.14%
2023-06-30 AU$28.74 Million +13.16%
2022-06-30 AU$25.39 Million +24.55%
2021-06-30 AU$20.39 Million +87.85%
2020-06-30 AU$10.85 Million -4.45%
2019-06-30 AU$11.36 Million +19.69%
2018-06-30 AU$9.49 Million +20.38%
2017-06-30 AU$7.88 Million +10.76%
2016-06-30 AU$7.12 Million +93.05%
2015-06-30 AU$3.69 Million -48.12%
2014-06-30 AU$7.11 Million -28.90%
2013-06-30 AU$10.00 Million --

Equity Component Analysis

This analysis shows how different components contribute to Alto Metals 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 2161167500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$53.69 Million 166.60%
Other Comprehensive Income AU$924.02K 2.87%
Other Components AU$1.00 0.00%
Total Equity AU$32.23 Million 100.00%

Alto Metals Ltd Competitors by Market Cap

The table below lists competitors of Alto Metals Ltd ranked by their market capitalization.

Company Market Cap
Metallic Minerals Corp
OTCQB:MMNGF
 		$20.56 Million
Marinus Pharmaceuticals Inc
NASDAQ:MRNS
 		$20.57 Million
Celik Halat ve Tel Sanayi AS
IS:CELHA
 		$20.57 Million
LPS Brasil - Consultoria de Imóveis S.A
SA:LPSB3
 		$20.57 Million
Cayenne Entertainment Technology Co. Ltd.
TWO:4946
 		$20.54 Million
Solid State System Co. Ltd.
TWO:3259
 		$20.53 Million
Nature Wood Group Limited American Depositary Shares
NASDAQ:NWGL
 		$20.53 Million
T7 Global Bhd
KLSE:7228
 		$20.52 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Alto Metals Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 28,735,880 to 32,225,682, a change of 3,489,802 (12.1%).
  • Net loss of 1,896,749 reduced equity.
  • Share repurchases of 346,000 reduced equity.
  • New share issuances of 4,952,000 increased equity.
  • Other comprehensive income decreased equity by 512,836.
  • Other factors increased equity by 1,293,387.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-1.90 Million -5.89%
Share Repurchases AU$346.00K -1.07%
Share Issuances AU$4.95 Million +15.37%
Other Comprehensive Income AU$-512.84K -1.59%
Other Changes AU$1.29 Million +4.01%
Total Change AU$- 12.14%

Book Value vs Market Value Analysis

This analysis compares Alto Metals 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: 2.07x
  • 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 0.47x to 2.07x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-06-30 AU$0.20 AU$0.09 x
2014-06-30 AU$0.09 AU$0.09 x
2015-06-30 AU$0.05 AU$0.09 x
2016-06-30 AU$0.09 AU$0.09 x
2017-06-30 AU$0.05 AU$0.09 x
2018-06-30 AU$0.05 AU$0.09 x
2019-06-30 AU$0.05 AU$0.09 x
2020-06-30 AU$0.04 AU$0.09 x
2021-06-30 AU$0.07 AU$0.09 x
2022-06-30 AU$0.05 AU$0.09 x
2023-06-30 AU$0.05 AU$0.09 x
2024-06-30 AU$0.05 AU$0.09 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alto Metals 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): -5.89%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2637.78%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.03x
  • Recent ROE (-5.89%) is above the historical average (-21.54%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -7.75% 0.00% 0.00x 1.02x AU$-1.77 Million
2014 -44.68% 0.00% 0.00x 1.01x AU$-3.89 Million
2015 -100.36% -10831.90% 0.01x 1.03x AU$-4.07 Million
2016 -27.00% -10790.54% 0.00x 1.05x AU$-2.63 Million
2017 -18.80% -4215.08% 0.00x 1.04x AU$-2.27 Million
2018 -6.57% -2441.42% 0.00x 1.05x AU$-1.57 Million
2019 -10.03% -13945.45% 0.00x 1.07x AU$-2.28 Million
2020 -12.76% -18014.99% 0.00x 1.08x AU$-2.47 Million
2021 -6.79% -1868.59% 0.00x 1.09x AU$-3.42 Million
2022 -9.04% -3097.02% 0.00x 1.08x AU$-4.84 Million
2023 -8.80% -3264.65% 0.00x 1.05x AU$-5.40 Million
2024 -5.89% -2637.78% 0.00x 1.03x AU$-5.12 Million

Industry Comparison

This section compares Alto Metals Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $23,959,302
  • Average return on equity (ROE) among peers: -1270.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Alto Metals Ltd (AME) AU$32.23 Million -7.75% 0.03x $20.54 Million
Australasian Metals Ltd (A8G) $5.85 Million -16.53% 0.05x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $4.81K -12574.39% 0.18x $138.29 Million
Adelong Gold Ltd (ADG) $911.18K -70.31% 0.11x $6.07 Million
Ardiden Ltd (ADV) $5.54 Million -12.67% 0.11x $10.37 Million
Ark Mines Ltd (AHK) $-7.71 Million 0.00% 0.00x $8.35 Million
Aureka Ltd (AKA) $28.36 Million 9.46% 0.19x $6.23 Million
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million