Asara Resources Ltd
Asara Resources Limited engages in the exploration and development of mineral resource properties in Australia, Guinea and Burkina Faso, and Chile. The company primarily explores for gold, zinc, silver, lead, and copper deposits. Its flagship property is the Kada Gold project located in eastern Guinea. The company was formerly known as Golden Rim Resources Ltd and changed its name to Asara Resour… Read more
Asara Resources Ltd (AS1) - Net Assets
Latest net assets as of June 2025: AU$29.36 Million AUD
Based on the latest financial reports, Asara Resources Ltd (AS1) has net assets worth AU$29.36 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$29.74 Million) and total liabilities (AU$386.46K). 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$29.36 Million |
| % of Total Assets | 98.7% |
| Annual Growth Rate | 8.25% |
| 5-Year Change | 145.53% |
| 10-Year Change | 242.57% |
| Growth Volatility | 235.44 |
Asara Resources Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Asara Resources 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 Asara Resources Ltd (1989–2025)
The table below shows the annual net assets of Asara Resources Ltd from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$29.36 Million | +10.65% |
| 2024-06-30 | AU$26.53 Million | +20.48% |
| 2023-06-30 | AU$22.02 Million | +7.95% |
| 2022-06-30 | AU$20.40 Million | +70.61% |
| 2021-06-30 | AU$11.96 Million | +98.57% |
| 2020-06-30 | AU$6.02 Million | -51.06% |
| 2019-06-30 | AU$12.30 Million | +10.67% |
| 2018-06-30 | AU$11.12 Million | +143.16% |
| 2017-06-30 | AU$4.57 Million | -46.64% |
| 2016-06-30 | AU$8.57 Million | -2.55% |
| 2015-06-30 | AU$8.79 Million | +1375.12% |
| 2014-06-30 | AU$596.15K | -71.68% |
| 2013-06-30 | AU$2.11 Million | -44.11% |
| 2012-06-30 | AU$3.77 Million | -37.87% |
| 2011-06-30 | AU$6.06 Million | +62.42% |
| 2010-06-30 | AU$3.73 Million | +29.64% |
| 2009-06-30 | AU$2.88 Million | +2964.43% |
| 2008-06-30 | AU$-100.52K | -121.22% |
| 2007-06-30 | AU$473.67K | -52.08% |
| 2006-06-30 | AU$988.53K | -25.59% |
| 2005-06-30 | AU$1.33 Million | -46.73% |
| 2004-06-30 | AU$2.49 Million | +82.07% |
| 2003-06-30 | AU$1.37 Million | +10.75% |
| 2002-06-30 | AU$1.24 Million | -34.30% |
| 2001-06-30 | AU$1.88 Million | +91.93% |
| 2000-06-30 | AU$980.81K | +10.34% |
| 1999-06-30 | AU$888.87K | -4.91% |
| 1998-06-30 | AU$934.75K | +53.46% |
| 1997-06-30 | AU$609.13K | +16.06% |
| 1996-06-30 | AU$524.82K | -2.27% |
| 1995-06-30 | AU$537.00K | -20.21% |
| 1994-06-30 | AU$673.00K | +144.73% |
| 1993-06-30 | AU$275.00K | -2.48% |
| 1992-06-30 | AU$282.00K | +4.83% |
| 1991-06-30 | AU$269.00K | -85.65% |
| 1990-06-30 | AU$1.88 Million | +10.82% |
| 1989-06-30 | AU$1.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asara 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 8863500400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$119.36 Million | 387.87% |
| Other Comprehensive Income | AU$1.81 Million | 5.87% |
| Other Components | AU$707.00 | 0.00% |
| Total Equity | AU$30.77 Million | 100.00% |
Asara Resources Ltd Competitors by Market Cap
The table below lists competitors of Asara Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RCF Acquisition Corp
NYSE:RCFA
|
$59.23 Million |
|
CASH CONVERTERS INTL
F:UKC
|
$59.24 Million |
|
Aldebaran Resources Inc
OTCQX:ADBRF
|
$59.25 Million |
|
Prosegur Compañía de Seguridad S.A
PINK:PGCSF
|
$59.27 Million |
|
Glatfelter
NYSE:GLT
|
$59.22 Million |
|
KG Mobilians Co. Ltd
KQ:046440
|
$59.21 Million |
|
Arizona Metals Corp
OTCQX:AZMCF
|
$59.21 Million |
|
Aero Win Technology Corp
TW:8222
|
$59.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asara Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 27,925,043 to 30,774,364, a change of 2,849,321 (10.2%).
- Net loss of 1,461,397 reduced equity.
- Share repurchases of 3,687,470 reduced equity.
- Other comprehensive income increased equity by 516,224.
- Other factors increased equity by 7,481,964.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.46 Million | -4.75% |
| Share Repurchases | AU$3.69 Million | -11.98% |
| Other Comprehensive Income | AU$516.22K | +1.68% |
| Other Changes | AU$7.48 Million | +24.31% |
| Total Change | AU$- | 10.20% |
Book Value vs Market Value Analysis
This analysis compares Asara 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: 4.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.00x to 4.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$70.16 | AU$0.14 | x |
| 1990-06-30 | AU$77.74 | AU$0.14 | x |
| 1991-06-30 | AU$11.15 | AU$0.14 | x |
| 1992-06-30 | AU$11.69 | AU$0.14 | x |
| 1993-06-30 | AU$10.49 | AU$0.14 | x |
| 1994-06-30 | AU$27.59 | AU$0.14 | x |
| 1995-06-30 | AU$16.57 | AU$0.14 | x |
| 1996-06-30 | AU$15.36 | AU$0.14 | x |
| 1997-06-30 | AU$15.21 | AU$0.14 | x |
| 1998-06-30 | AU$18.74 | AU$0.14 | x |
| 1999-06-30 | AU$17.71 | AU$0.14 | x |
| 2000-06-30 | AU$14.22 | AU$0.14 | x |
| 2001-06-30 | AU$26.47 | AU$0.14 | x |
| 2002-06-30 | AU$13.58 | AU$0.14 | x |
| 2003-06-30 | AU$15.52 | AU$0.14 | x |
| 2004-06-30 | AU$18.67 | AU$0.14 | x |
| 2005-06-30 | AU$7.34 | AU$0.14 | x |
| 2006-06-30 | AU$5.01 | AU$0.14 | x |
| 2007-06-30 | AU$1.23 | AU$0.14 | x |
| 2008-06-30 | AU$-0.21 | AU$0.14 | x |
| 2009-06-30 | AU$5.77 | AU$0.14 | x |
| 2010-06-30 | AU$3.61 | AU$0.14 | x |
| 2011-06-30 | AU$4.02 | AU$0.14 | x |
| 2012-06-30 | AU$2.35 | AU$0.14 | x |
| 2013-06-30 | AU$1.14 | AU$0.14 | x |
| 2014-06-30 | AU$0.33 | AU$0.14 | x |
| 2015-06-30 | AU$1.56 | AU$0.14 | x |
| 2016-06-30 | AU$1.33 | AU$0.14 | x |
| 2017-06-30 | AU$0.79 | AU$0.14 | x |
| 2018-06-30 | AU$0.10 | AU$0.14 | x |
| 2019-06-30 | AU$0.09 | AU$0.14 | x |
| 2020-06-30 | AU$0.06 | AU$0.14 | x |
| 2021-06-30 | AU$0.10 | AU$0.14 | x |
| 2022-06-30 | AU$0.09 | AU$0.14 | x |
| 2023-06-30 | AU$0.10 | AU$0.14 | x |
| 2024-06-30 | AU$0.04 | AU$0.14 | x |
| 2025-06-30 | AU$0.03 | AU$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asara Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19485.29%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.97x
- Recent ROE (-4.75%) is above the historical average (-95.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -46.16% | 0.00% | 0.00x | 1.06x | AU$-950.20K |
| 1990 | -6.88% | 0.00% | 0.00x | 1.03x | AU$-316.50K |
| 1991 | -569.52% | 0.00% | 0.00x | 1.33x | AU$-1.56 Million |
| 1992 | -10.64% | 0.00% | 0.00x | 1.44x | AU$-58.20K |
| 1993 | -34.18% | 0.00% | 0.00x | 1.47x | AU$-121.50K |
| 1994 | 5.20% | 0.00% | 0.00x | 1.06x | AU$-32.30K |
| 1995 | -32.03% | 0.00% | 0.00x | 1.17x | AU$-225.70K |
| 1996 | -37.35% | 0.00% | 0.00x | 1.43x | AU$-248.48K |
| 1997 | -27.25% | 0.00% | 0.00x | 1.53x | AU$-226.91K |
| 1998 | -38.30% | 0.00% | 0.00x | 1.34x | AU$-451.48K |
| 1999 | -39.71% | 0.00% | 0.00x | 1.45x | AU$-441.89K |
| 2000 | 1.56% | 0.00% | 0.00x | 1.88x | AU$-68.91K |
| 2001 | 2.11% | 0.00% | 0.00x | 1.36x | AU$-134.82K |
| 2002 | 10.22% | 0.00% | 0.00x | 1.38x | AU$2.26K |
| 2003 | 6.10% | 0.00% | 0.00x | 1.33x | AU$-47.97K |
| 2004 | 3.17% | 0.00% | 0.00x | 1.07x | AU$-170.24K |
| 2005 | -163.58% | 0.00% | 0.00x | 1.18x | AU$-2.31 Million |
| 2006 | -391.69% | 0.00% | 0.00x | 1.36x | AU$-3.97 Million |
| 2007 | -518.54% | -205879.21% | 0.00x | 1.29x | AU$-2.50 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-2.13 Million |
| 2009 | -67.69% | 0.00% | 0.00x | 1.00x | AU$-2.43 Million |
| 2010 | -121.65% | -474755.56% | 0.00x | 0.93x | AU$-5.78 Million |
| 2011 | -177.03% | -3531775.70% | 0.00x | 1.02x | AU$-11.98 Million |
| 2012 | -237.82% | 0.00% | 0.00x | 0.97x | AU$-10.64 Million |
| 2013 | -384.48% | 0.00% | 0.00x | 0.98x | AU$-10.45 Million |
| 2014 | -432.06% | 0.00% | 0.00x | 3.56x | AU$-5.06 Million |
| 2015 | 33.75% | 193.17% | 0.18x | 0.99x | AU$2.22 Million |
| 2016 | -3.01% | -19.40% | 0.16x | 0.96x | AU$-1.19 Million |
| 2017 | -98.64% | -439.74% | 0.26x | 0.86x | AU$-6.73 Million |
| 2018 | -10.28% | -78.34% | 0.12x | 1.10x | AU$-2.25 Million |
| 2019 | 2.48% | 7.15% | 0.23x | 1.53x | AU$-925.12K |
| 2020 | -79.60% | -125.39% | 0.65x | 0.97x | AU$-7.01 Million |
| 2021 | -31.18% | -114.46% | 0.28x | 0.97x | AU$-5.69 Million |
| 2022 | -10.18% | -27.06% | 0.40x | 0.94x | AU$-4.51 Million |
| 2023 | -34.79% | -31491.02% | 0.00x | 1.01x | AU$-10.39 Million |
| 2024 | 5.51% | 17291.54% | 0.00x | 1.01x | AU$-1.25 Million |
| 2025 | -4.75% | -19485.29% | 0.00x | 0.97x | AU$-4.54 Million |
Industry Comparison
This section compares Asara Resources 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 |
|---|---|---|---|---|
| Asara Resources Ltd (AS1) | AU$29.36 Million | -46.16% | 0.01x | $59.22 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 |