Amani Gold Ltd
Amani Gold Limited engages in the acquisition, exploration, and development of mineral projects in the Democratic Republic of Congo. The company primarily explores for gold deposits. Its flagship project is the Giro gold project that includes two exploration permits covering an area of 497 square kilometers located within the Kilo-Moto Belt of the Democratic Republic of Congo. The company was for… Read more
Amani Gold Ltd (ANL) - Net Assets
Latest net assets as of June 2024: AU$25.61 Million AUD
Based on the latest financial reports, Amani Gold Ltd (ANL) has net assets worth AU$25.61 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$25.99 Million) and total liabilities (AU$376.14K). 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$25.61 Million |
| % of Total Assets | 98.55% |
| Annual Growth Rate | 8.86% |
| 5-Year Change | 25.72% |
| 10-Year Change | 41.04% |
| Growth Volatility | 49.3 |
Amani Gold Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Amani Gold 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 Amani Gold Ltd (2006–2024)
The table below shows the annual net assets of Amani Gold Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$25.61 Million | -18.15% |
| 2023-06-30 | AU$31.29 Million | -1.68% |
| 2022-06-30 | AU$31.82 Million | +54.66% |
| 2021-06-30 | AU$20.58 Million | +1.01% |
| 2020-06-30 | AU$20.37 Million | +10.33% |
| 2019-06-30 | AU$18.46 Million | -54.24% |
| 2018-06-30 | AU$40.34 Million | +57.13% |
| 2017-06-30 | AU$25.67 Million | +59.71% |
| 2016-06-30 | AU$16.08 Million | -11.47% |
| 2015-06-30 | AU$18.16 Million | +97.71% |
| 2014-06-30 | AU$9.18 Million | -43.03% |
| 2013-06-30 | AU$16.12 Million | -6.70% |
| 2012-06-30 | AU$17.28 Million | +0.65% |
| 2011-06-30 | AU$17.16 Million | +138.24% |
| 2010-06-30 | AU$7.20 Million | +62.81% |
| 2009-06-30 | AU$4.43 Million | +2.94% |
| 2008-06-30 | AU$4.30 Million | -39.08% |
| 2007-06-30 | AU$7.06 Million | +27.05% |
| 2006-06-30 | AU$5.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Amani Gold 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 8014411800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$95.69 Million | 371.65% |
| Other Comprehensive Income | AU$10.30 Million | 40.02% |
| Total Equity | AU$25.75 Million | 100.00% |
Amani Gold Ltd Competitors by Market Cap
The table below lists competitors of Amani Gold Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Glen Burnie Bancorp
NASDAQ:GLBZ
|
$11.11 Million |
|
Eastern Commercial Leasing Public Company Limited
BK:ECL
|
$11.11 Million |
|
QMINES LTD
F:81V
|
$11.12 Million |
|
Ebang International Holdings
NASDAQ:EBON
|
$11.12 Million |
|
Intumit, Inc.
TWO:7547
|
$11.11 Million |
|
MODERN COMMERCE SA ZY-10
F:8F4
|
$11.11 Million |
|
Phuong Nam Cultural JSC
VN:PNC
|
$11.11 Million |
|
Euro Trend Yatirim Ortakligi AS
IS:ETYAT
|
$11.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Amani Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,836,683 to 25,748,364, a change of -19,088,319 (-42.6%).
- Net loss of 16,208,024 reduced equity.
- Other comprehensive income decreased equity by 3,476,013.
- Other factors increased equity by 595,718.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-16.21 Million | -62.95% |
| Other Comprehensive Income | AU$-3.48 Million | -13.5% |
| Other Changes | AU$595.72K | +2.31% |
| Total Change | AU$- | -42.57% |
Book Value vs Market Value Analysis
This analysis compares Amani Gold 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: 0.98x
- 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 0.01x to 0.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | AU$0.08 | AU$0.00 | x |
| 2007-06-30 | AU$0.13 | AU$0.00 | x |
| 2008-06-30 | AU$0.05 | AU$0.00 | x |
| 2009-06-30 | AU$0.05 | 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$0.02 | 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$0.02 | AU$0.00 | x |
| 2018-06-30 | AU$0.02 | AU$0.00 | x |
| 2019-06-30 | AU$0.01 | AU$0.00 | x |
| 2020-06-30 | AU$0.01 | AU$0.00 | x |
| 2021-06-30 | AU$0.00 | AU$0.00 | x |
| 2022-06-30 | AU$0.00 | AU$0.00 | x |
| 2023-06-30 | AU$0.00 | AU$0.00 | x |
| 2024-06-30 | AU$0.00 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Amani Gold Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -62.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10338.00%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.01x
- Recent ROE (-62.95%) is below the historical average (-26.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -4.88% | 0.00% | 0.00x | 1.15x | AU$-1.05 Million |
| 2008 | -93.20% | 0.00% | 0.00x | 1.08x | AU$-4.44 Million |
| 2009 | -7.09% | 0.00% | 0.00x | 1.04x | AU$-756.29K |
| 2010 | -6.88% | 0.00% | 0.00x | 1.02x | AU$-1.22 Million |
| 2011 | -5.79% | 0.00% | 0.00x | 1.03x | AU$-2.71 Million |
| 2012 | -3.45% | 0.00% | 0.00x | 1.01x | AU$-2.32 Million |
| 2013 | -17.33% | 0.00% | 0.00x | 1.02x | AU$-4.41 Million |
| 2014 | -81.17% | 0.00% | 0.00x | 1.01x | AU$-8.37 Million |
| 2015 | -6.81% | -9743.73% | 0.00x | 1.08x | AU$-2.97 Million |
| 2016 | -78.81% | -364172.85% | 0.00x | 1.07x | AU$-13.95 Million |
| 2017 | 0.97% | 266.19% | 0.00x | 1.03x | AU$-2.28 Million |
| 2018 | -3.63% | -1547.01% | 0.00x | 1.03x | AU$-5.46 Million |
| 2019 | -58.93% | -3004611.41% | 0.00x | 0.59x | AU$-22.18 Million |
| 2020 | -11.08% | -461.36% | 0.03x | 0.73x | AU$-7.23 Million |
| 2021 | -12.15% | -8491.96% | 0.00x | 0.70x | AU$-7.49 Million |
| 2022 | -9.97% | -495201.00% | 0.00x | 0.73x | AU$-8.94 Million |
| 2023 | -6.44% | -8460.11% | 0.00x | 0.88x | AU$-7.37 Million |
| 2024 | -62.95% | -10338.00% | 0.01x | 1.01x | AU$-18.78 Million |
Industry Comparison
This section compares Amani Gold Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,902,647
- Average return on equity (ROE) among peers: -82.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Amani Gold Ltd (ANL) | AU$25.61 Million | -4.88% | 0.01x | $11.11 Million |
| Australasian Metals Ltd (A8G) | $5.45 Million | -47.41% | 0.04x | $1.25 Million |
| Aruma Resources Ltd (AAJ) | $1.53 Million | -123.06% | 0.10x | $1.95 Million |
| Astral Resources NL (AAR) | $1.50 Million | -28.28% | 0.15x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $2.90 Million | -71.05% | 0.15x | $6.07 Million |
| Ardiden Ltd (ADV) | $2.31 Million | -344.43% | 0.16x | $10.51 Million |
| Ark Mines Ltd (AHK) | $6.10 Million | -19.74% | 0.04x | $6.97 Million |
| Aureka Ltd (AKA) | $5.45 Million | -87.03% | 0.13x | $6.48 Million |
| Alkane Resources Ltd (ALK) | $43.70 Million | 5.26% | 0.02x | $196.91 Million |
| Alchemy Resources Ltd (ALY) | $6.40 Million | -6.11% | 0.04x | $4.22 Million |
| Alto Metals Ltd (AME) | $3.69 Million | -100.36% | 0.03x | $20.54 Million |