Aeon Metals Ltd (AML) - Net Assets
Based on the latest financial reports, Aeon Metals Ltd (AML) has net assets worth AU$63.99 Million AUD (≈ $45.27 Million USD) as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$104.22 Million ≈ $73.74 Million USD) and total liabilities (AU$40.24 Million ≈ $28.47 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 Aeon Metals Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$63.99 Million |
| % of Total Assets | 61.39% |
| Annual Growth Rate | 0.06% |
| 5-Year Change | 103067.1% |
| 10-Year Change | 197555.63% |
| Growth Volatility | 20159.42 |
Aeon Metals Ltd - Net Assets Trend (2003–2023)
This chart illustrates how Aeon Metals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Aeon Metals Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Aeon Metals Ltd (2003–2023)
The table below shows the annual net assets of Aeon Metals Ltd from 2003 to 2023. For live valuation and market cap data, see Aeon Metals Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | AU$70.23 Million ≈ $49.69 Million |
+0.89% |
| 2022-06-30 | AU$69.61 Million ≈ $49.26 Million |
+18.84% |
| 2021-06-30 | AU$58.58 Million ≈ $41.45 Million |
-7.07% |
| 2020-06-30 | AU$63.03 Million ≈ $44.60 Million |
+92496.40% |
| 2019-06-30 | AU$68.08K ≈ $48.17K |
+13.63% |
| 2018-06-30 | AU$59.91K ≈ $42.39K |
+146.34% |
| 2017-06-30 | AU$24.32K ≈ $17.21K |
-25.25% |
| 2016-06-30 | AU$32.53K ≈ $23.02K |
+13.57% |
| 2015-06-30 | AU$28.65K ≈ $20.27K |
-19.37% |
| 2014-06-30 | AU$35.53K ≈ $25.14K |
-99.85% |
| 2013-06-30 | AU$23.06 Million ≈ $16.31 Million |
+24.18% |
| 2012-06-30 | AU$18.57 Million ≈ $13.14 Million |
-5.42% |
| 2011-06-30 | AU$19.63 Million ≈ $13.89 Million |
+13.43% |
| 2010-06-30 | AU$17.31 Million ≈ $12.25 Million |
+9.97% |
| 2009-06-30 | AU$15.74 Million ≈ $11.14 Million |
-6.35% |
| 2008-06-30 | AU$16.81 Million ≈ $11.89 Million |
-2.34% |
| 2007-06-30 | AU$17.21 Million ≈ $12.18 Million |
-65.14% |
| 2006-06-30 | AU$49.37 Million ≈ $34.93 Million |
-7.98% |
| 2005-06-30 | AU$53.65 Million ≈ $37.96 Million |
-16.39% |
| 2004-06-30 | AU$64.17 Million ≈ $45.40 Million |
-7.51% |
| 2003-06-30 | AU$69.38 Million ≈ $49.09 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Aeon 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 grown by 2043900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$127.01 Million | 180.76% |
| Other Comprehensive Income | AU$2.87 Million | 4.08% |
| Total Equity | AU$70.27 Million | 100.00% |
Aeon Metals Ltd Competitors by Market Cap
The table below lists competitors of Aeon Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Groupe Airwell Société anonyme
PA:ALAIR
|
$3.89 Million |
|
Pinewood Technologies Group PLC
LSE:PINE
|
$3.89 Million |
|
Galmed Pharmaceuticals Ltd
NASDAQ:GLMD
|
$3.89 Million |
|
FP Newspapers Inc
V:FP
|
$3.89 Million |
|
GSS Infotech Limited
NSE:GSS
|
$3.88 Million |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
$3.88 Million |
|
Mexican Gold Corp
V:MEX
|
$3.88 Million |
|
Trugolf Inc
NASDAQ:TRUG
|
$3.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aeon Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 69,642,000 to 70,265,000, a change of 623,000 (0.9%).
- Net loss of 3,434,000 reduced equity.
- Dividend payments of 113,028 reduced retained earnings.
- Share repurchases of 120,000 reduced equity.
- New share issuances of 4,092,000 increased equity.
- Other comprehensive income decreased equity by 587,000.
- Other factors increased equity by 785,028.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.43 Million | -4.89% |
| Dividends Paid | AU$113.03K | -0.16% |
| Share Repurchases | AU$120.00K | -0.17% |
| Share Issuances | AU$4.09 Million | +5.82% |
| Other Comprehensive Income | AU$-587.00K | -0.84% |
| Other Changes | AU$785.03K | +1.12% |
| Total Change | AU$- | 0.89% |
Book Value vs Market Value Analysis
This analysis compares Aeon 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: 0.08x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | AU$0.38 | AU$0.01 | x |
| 2008-06-30 | AU$0.14 | AU$0.01 | x |
| 2009-06-30 | AU$0.13 | AU$0.01 | x |
| 2010-06-30 | AU$0.14 | AU$0.01 | x |
| 2011-06-30 | AU$0.14 | AU$0.01 | x |
| 2012-06-30 | AU$0.13 | AU$0.01 | x |
| 2013-06-30 | AU$0.13 | AU$0.01 | x |
| 2014-06-30 | AU$0.00 | AU$0.01 | x |
| 2015-06-30 | AU$0.10 | AU$0.01 | x |
| 2016-06-30 | AU$0.09 | AU$0.01 | x |
| 2017-06-30 | AU$0.00 | AU$0.01 | x |
| 2018-06-30 | AU$0.12 | AU$0.01 | x |
| 2019-06-30 | AU$0.00 | AU$0.01 | x |
| 2020-06-30 | AU$0.09 | AU$0.01 | x |
| 2021-06-30 | AU$0.09 | AU$0.01 | x |
| 2022-06-30 | AU$0.08 | AU$0.01 | x |
| 2023-06-30 | AU$0.07 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aeon 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): -4.89%
- 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: 1.51x
- Recent ROE (-4.89%) is above the historical average (-5411.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 10.65% | 10.20% | 0.92x | 1.13x | AU$450.40K |
| 2004 | -5.49% | -21.42% | 0.24x | 1.05x | AU$-9.94 Million |
| 2005 | -3.31% | -21.40% | 0.15x | 1.06x | AU$-7.14 Million |
| 2006 | -8.97% | -106.65% | 0.08x | 1.07x | AU$-9.37 Million |
| 2007 | -9.33% | 0.00% | 0.00x | 1.01x | AU$-3.33 Million |
| 2008 | -2.07% | 0.00% | 0.00x | 1.01x | AU$-2.03 Million |
| 2009 | -6.89% | 0.00% | 0.00x | 1.01x | AU$-2.66 Million |
| 2010 | -5.60% | 0.00% | 0.00x | 1.02x | AU$-2.70 Million |
| 2011 | -26.65% | -87183.33% | 0.00x | 1.01x | AU$-7.19 Million |
| 2012 | -10.74% | -1216.46% | 0.01x | 1.01x | AU$-3.85 Million |
| 2013 | -0.34% | -232258.06% | 0.00x | 1.09x | AU$-2.22 Million |
| 2014 | -11068.24% | 0.00% | 0.00x | 1.39x | AU$-3.93 Million |
| 2015 | -31916.75% | 0.00% | 0.00x | 1.59x | AU$-9.14 Million |
| 2016 | -7578.55% | 0.00% | 0.00x | 1.76x | AU$-2.47 Million |
| 2017 | -33898.24% | 0.00% | 0.00x | 2.35x | AU$-8.24 Million |
| 2018 | -23190.05% | 0.00% | 0.00x | 1.28x | AU$-13.90 Million |
| 2019 | -5896.87% | 0.00% | 0.00x | 1.22x | AU$-4.02 Million |
| 2020 | -8.52% | 0.00% | 0.00x | 1.32x | AU$-11.68 Million |
| 2021 | -10.33% | 0.00% | 0.00x | 1.46x | AU$-11.91 Million |
| 2022 | -4.95% | 0.00% | 0.00x | 1.43x | AU$-10.41 Million |
| 2023 | -4.89% | 0.00% | 0.00x | 1.51x | AU$-10.46 Million |
Industry Comparison
This section compares Aeon Metals 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: $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 |
|---|---|---|---|---|
| Aeon Metals Ltd (AML) | AU$63.99 Million | 10.65% | 0.63x | $3.88 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 Aeon Metals Ltd
Aeon Metals Limited, together with its subsidiaries, engages in the exploration for and evaluation of mineral properties in Australia. The company explores for copper, cobalt, gold, lead, zinc, molybdenum, silver, nickel, and base metal deposits. Its flagship project is the Walford Creek Copper-Cobalt project located northwest of Mount Isa in Northwest Queensland. The company was formerly known a… Read more