Ardea Resources Ltd Net Assets
Ardea Resources Ltd net assets. Based on the latest financial reports, Ardea Resources Ltd (ARL) has net assets worth AU$147.12 Million AUD (≈ $104.10 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$171.99 Million ≈ $121.69 Million USD) and total liabilities (AU$24.86 Million ≈ $17.59 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. Also explore how fast is Ardea Resources Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$147.12 Million |
| % of Total Assets | 85.54% |
| Annual Growth Rate | 26.31% |
| 5-Year Change | 200.18% |
| 10-Year Change | 1065.42% |
| Growth Volatility | 66.42 |
Net Assets of Ardea Resources Ltd (2016–2026)
Net assets of Ardea Resources Ltd from 2016 to 2026. This chart illustrates how Ardea Resources Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Ardea Resources Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Ardea Resources Ltd (2016–2026)
The table below shows the annual net assets of Ardea Resources Ltd from 2016 to 2026. For live market cap and overall valuation, see ARL company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$147.12 Million ≈ $104.10 Million |
+117.55% |
| 2025-06-30 | AU$67.63 Million ≈ $47.85 Million |
+22.58% |
| 2024-06-30 | AU$55.17 Million ≈ $39.04 Million |
+20.29% |
| 2023-06-30 | AU$45.87 Million ≈ $32.45 Million |
-6.42% |
| 2022-06-30 | AU$49.01 Million ≈ $34.68 Million |
+38.89% |
| 2021-06-30 | AU$35.29 Million ≈ $24.97 Million |
+7.91% |
| 2020-06-30 | AU$32.70 Million ≈ $23.14 Million |
-13.14% |
| 2019-06-30 | AU$37.65 Million ≈ $26.64 Million |
-2.03% |
| 2018-06-30 | AU$38.43 Million ≈ $27.19 Million |
+204.43% |
| 2017-06-30 | AU$12.62 Million ≈ $8.93 Million |
-11.35% |
| 2016-06-30 | AU$14.24 Million ≈ $10.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ardea Resources 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 3423658200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Ardea Resources Ltd Net Assets Breakdown (June 2026)
Ardea Resources Ltd net assets breakdown by equity component as of June 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$84.34 Million | 145.26% |
| Other Comprehensive Income | AU$8.71 Million | 15.01% |
| Total Equity | AU$58.06 Million | 100.00% |
Ardea Resources Ltd Competitors by Market Cap
The table below lists competitors of Ardea Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Odyssey Marine Exploration Inc
NASDAQ:OMEX
|
$43.55 Million |
|
CANTOURAGE GROUP SE O.N.
F:HIGH
|
$43.58 Million |
|
Cyclopharm Ltd
AU:CYC
|
$43.59 Million |
|
HILONG HOLDING LTD HD-10
F:8HL
|
$43.62 Million |
|
Public Packages Holdings Bhd
KLSE:8273
|
$43.52 Million |
|
Isbir Holding AS
IS:ISBIR
|
$43.52 Million |
|
Kolon Industries Inc
KO:120115
|
$43.52 Million |
|
Mad Paws Holdings Ltd
AU:MPA
|
$43.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ardea Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 67,629,545 to 58,058,597, a change of -9,570,948 (-14.2%).
- Net loss of 15,175,133 reduced equity.
- Other comprehensive income increased equity by 644,382.
- Other factors increased equity by 4,959,803.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-15.18 Million | -26.14% |
| Other Comprehensive Income | AU$644.38K | +1.11% |
| Other Changes | AU$4.96 Million | +8.54% |
| Total Change | AU$- | -14.15% |
Book Value vs Market Value Analysis
This analysis compares Ardea Resources 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: 1.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.22x to 1.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | AU$0.23 | AU$0.28 | x |
| 2017-06-30 | AU$0.18 | AU$0.28 | x |
| 2018-06-30 | AU$0.45 | AU$0.28 | x |
| 2019-06-30 | AU$0.36 | AU$0.28 | x |
| 2020-06-30 | AU$0.29 | AU$0.28 | x |
| 2021-06-30 | AU$0.28 | AU$0.28 | x |
| 2022-06-30 | AU$0.33 | AU$0.28 | x |
| 2023-06-30 | AU$0.27 | AU$0.28 | x |
| 2024-06-30 | AU$0.28 | AU$0.28 | x |
| 2025-06-30 | AU$0.34 | AU$0.28 | x |
| 2026-06-30 | AU$0.27 | AU$0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ardea Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -26.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.96x
- Recent ROE (-26.14%) is below the historical average (-9.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -4.23% | -4594.98% | 0.00x | 1.03x | AU$-1.80 Million |
| 2018 | -9.92% | -1827.57% | 0.01x | 1.03x | AU$-7.66 Million |
| 2019 | -3.07% | -346.71% | 0.01x | 1.02x | AU$-4.92 Million |
| 2020 | -6.35% | -2486.06% | 0.00x | 1.02x | AU$-5.35 Million |
| 2021 | -6.51% | -1565.22% | 0.00x | 1.02x | AU$-5.83 Million |
| 2022 | -10.87% | -23955.53% | 0.00x | 1.03x | AU$-10.23 Million |
| 2023 | -9.24% | -5639.76% | 0.00x | 1.04x | AU$-8.82 Million |
| 2024 | -13.97% | -2390.29% | 0.01x | 1.08x | AU$-13.22 Million |
| 2025 | -4.82% | -88.62% | 0.03x | 1.85x | AU$-10.02 Million |
| 2026 | -26.14% | 0.00% | 0.00x | 2.96x | AU$-20.98 Million |
Industry Comparison
This section compares Ardea Resources 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: $9,493,682
- Average return on equity (ROE) among peers: -14.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ardea Resources Ltd (ARL) | AU$147.12 Million | -4.23% | 0.17x | $43.53 Million |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $6.64 Million |
| Amaero Ltd (3DA) | $14.96 Million | -83.75% | 0.22x | $128.06 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $137.38 Million |
| Atlantic Lithium Ltd (A11) | $40.35 Million | -16.38% | 0.05x | $181.48 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $419.02 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | -13.29% | 0.05x | $3.11 Million |
| Audalia Resources Ltd (ACP) | $5.54 Million | 3.68% | 0.80x | $13.19 Million |
| Accent Resources NL (ACS) | $21.94 Million | -7.33% | 0.01x | $22.03 Million |
| Acdc Metals Ltd (ADC) | $11.27 Million | -1.92% | 0.01x | $3.57 Million |
| Andromeda Metals Ltd (ADN) | $4.78 Million | -5.33% | 0.01x | $16.36 Million |
About Ardea Resources Ltd
Ardea Resources Limited operates as a battery mineral company in Australia. The company explores for nickel, cobalt, scandium, lithium, gold, platinum-group elements, copper, and rare earth metals. Its flagship project is the Kalgoorlie Nickel Project (KNP) located in the Kalgoorlie, Western Australia. Ardea Resources Limited was incorporated in 2016 and is based in West Perth, Australia.