Australian Rare EARTHS Ltd (AR3) - Net Assets
Based on the latest financial reports, Australian Rare EARTHS Ltd (AR3) has net assets worth AU$22.81 Million AUD (≈ $16.14 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$25.08 Million ≈ $17.74 Million USD) and total liabilities (AU$2.27 Million ≈ $1.61 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. Read AR3 current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$22.81 Million |
| % of Total Assets | 90.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | 90.49% |
| 10-Year Change | N/A |
| Growth Volatility | 24.65 |
Australian Rare EARTHS Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Australian Rare EARTHS Ltd's net assets have evolved over time, based on quarterly financial data. Also explore AR3 asset base for the complete picture of this company's asset base.
Annual Net Assets for Australian Rare EARTHS Ltd (2019–2024)
The table below shows the annual net assets of Australian Rare EARTHS Ltd from 2019 to 2024. For live valuation and market cap data, see market cap of Australian Rare EARTHS Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$22.81 Million ≈ $16.14 Million |
+3.30% |
| 2023-12-31 | AU$22.08 Million ≈ $15.62 Million |
-11.30% |
| 2022-12-31 | AU$24.89 Million ≈ $17.61 Million |
+44.55% |
| 2021-12-31 | AU$17.22 Million ≈ $12.19 Million |
+43.84% |
| 2020-12-31 | AU$11.97 Million ≈ $8.47 Million |
+211897.74% |
| 2019-12-31 | AU$-5.65K ≈ $-4.00K |
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Equity Component Analysis
This analysis shows how different components contribute to Australian Rare EARTHS 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 1412682700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$34.58 Million | 151.63% |
| Other Comprehensive Income | AU$2.36 Million | 10.33% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$22.81 Million | 100.00% |
Australian Rare EARTHS Ltd Competitors by Market Cap
The table below lists competitors of Australian Rare EARTHS Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yw Company Limited
KQ:051390
|
$24.71 Million |
|
Neuroscientific Biopharmaceuticals Ltd
AU:NSB
|
$24.71 Million |
|
Clean TEQ Water Ltd
AU:CNQ
|
$24.72 Million |
|
Przedsiebiorstwo Produkcyjno Handlowe Kompap SA
WAR:KMP
|
$24.73 Million |
|
Aquarius Engines AM Ltd
TA:AQUA
|
$24.70 Million |
|
Powercom Co Ltd
TW:3043
|
$24.68 Million |
|
Fuji Finance Indonesia Tbk PT
JK:FUJI
|
$24.68 Million |
|
Shreyans Industries Limited
NSE:SHREYANIND
|
$24.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Australian Rare EARTHS Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,079,137 to 22,807,194, a change of 728,057 (3.3%).
- Net loss of 3,478,481 reduced equity.
- Share repurchases of 3,603,850 reduced equity.
- Other comprehensive income decreased equity by 470,500.
- Other factors increased equity by 8,280,888.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.48 Million | -15.25% |
| Share Repurchases | AU$3.60 Million | -15.8% |
| Other Comprehensive Income | AU$-470.50K | -2.06% |
| Other Changes | AU$8.28 Million | +36.31% |
| Total Change | AU$- | 3.30% |
Book Value vs Market Value Analysis
This analysis compares Australian Rare EARTHS 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: 1.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | AU$0.00 | AU$0.14 | x |
| 2020-12-31 | AU$0.11 | AU$0.14 | x |
| 2021-12-31 | AU$0.15 | AU$0.14 | x |
| 2022-12-31 | AU$0.19 | AU$0.14 | x |
| 2023-12-31 | AU$0.14 | AU$0.14 | x |
| 2024-12-31 | AU$0.14 | AU$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Australian Rare EARTHS Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1565.83%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.10x
- Recent ROE (-15.25%) is below the historical average (-12.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -28.29% | 3.21x | 0.00x | AU$-5.09K |
| 2020 | -4.90% | -14675.00% | 0.00x | 1.10x | AU$-1.78 Million |
| 2021 | -31.19% | -8052.60% | 0.00x | 1.07x | AU$-7.09 Million |
| 2022 | -9.72% | -1236.27% | 0.01x | 1.08x | AU$-4.91 Million |
| 2023 | -15.62% | -768.98% | 0.02x | 1.08x | AU$-5.66 Million |
| 2024 | -15.25% | -1565.83% | 0.01x | 1.10x | AU$-5.76 Million |
Industry Comparison
This section compares Australian Rare EARTHS 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 |
|---|---|---|---|---|
| Australian Rare EARTHS Ltd (AR3) | AU$22.81 Million | 0.00% | 0.10x | $24.70 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 Australian Rare EARTHS Ltd
Australian Rare Earths Limited engages in the exploration and development of rare earths and uranium mineral resources in Australia. Its flagship property is the 100% owned Koppamurra project comprising approximately 7,400 square kilometers located in South-Eastern South Australia and Western Victoria. The company was formerly known as Tawel Exploration Pty Ltd and changed its name to Australian … Read more