Astute Metals NL (ASE) - Net Assets

Latest as of June 2024: AU$18.13 Million AUD ≈ $12.83 Million USD

Based on the latest financial reports, Astute Metals NL (ASE) has net assets worth AU$18.13 Million AUD (≈ $12.83 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$18.85 Million ≈ $13.33 Million USD) and total liabilities (AU$712.94K ≈ $504.45K 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 how resilient are Astute Metals NL's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$18.13 Million
% of Total Assets	96.22%
Annual Growth Rate	0.92%
5-Year Change	1686.49%
10-Year Change	N/A
Growth Volatility	530.41

Astute Metals NL - Net Assets Trend (1989–2024)

This chart illustrates how Astute Metals NL's net assets have evolved over time, based on quarterly financial data. Also explore Astute Metals NL (ASE) total assets for the complete picture of this company's asset base.

Annual Net Assets for Astute Metals NL (1989–2024)

The table below shows the annual net assets of Astute Metals NL from 1989 to 2024. For live valuation and market cap data, see market cap of Astute Metals NL.

Year	Net Assets	Change
2024-06-30	AU$18.13 Million ≈ $12.83 Million	-5.08%
2023-06-30	AU$19.10 Million ≈ $13.52 Million	+71.21%
2022-06-30	AU$11.16 Million ≈ $7.90 Million	+30.03%
2021-06-30	AU$8.58 Million ≈ $6.07 Million	+745.46%
2020-06-30	AU$1.01 Million ≈ $718.17K	-40.91%
2019-06-30	AU$1.72 Million ≈ $1.22 Million	+10.34%
2018-06-30	AU$1.56 Million ≈ $1.10 Million	-37.97%
2017-06-30	AU$2.51 Million ≈ $1.78 Million	+1184.01%
2016-06-30	AU$195.46K ≈ $138.30K	+338.61%
2015-06-30	AU$-81.92K ≈ $-57.96K	-102.93%
2014-06-30	AU$2.80 Million ≈ $1.98 Million	-28.66%
2013-06-30	AU$3.92 Million ≈ $2.77 Million	-17.02%
2012-06-30	AU$4.72 Million ≈ $3.34 Million	+35.13%
2011-06-30	AU$3.49 Million ≈ $2.47 Million	+3.87%
2010-06-30	AU$3.36 Million ≈ $2.38 Million	+1835.53%
2009-06-30	AU$-193.85K ≈ $-137.16K	-136.43%
2008-06-30	AU$532.10K ≈ $376.50K	-59.54%
2007-06-30	AU$1.32 Million ≈ $930.60K	-20.95%
2006-06-30	AU$1.66 Million ≈ $1.18 Million	+24.54%
2005-06-30	AU$1.34 Million ≈ $945.29K	+278.29%
2004-06-30	AU$-749.34K ≈ $-530.21K	+87.38%
2003-06-30	AU$-5.94 Million ≈ $-4.20 Million	-32.15%
2002-06-30	AU$-4.49 Million ≈ $-3.18 Million	-2142.24%
2001-06-30	AU$220.00K ≈ $155.66K	-91.11%
2000-06-30	AU$2.48 Million ≈ $1.75 Million	+394.41%
1999-06-30	AU$-841.00K ≈ $-595.06K	-107.86%
1998-06-30	AU$10.70 Million ≈ $7.57 Million	+238.76%
1997-06-30	AU$3.16 Million ≈ $2.24 Million	+267.23%
1996-06-30	AU$860.20K ≈ $608.65K	+53.06%
1995-06-30	AU$562.00K ≈ $397.65K	+141.23%
1994-06-30	AU$-1.36 Million ≈ $-964.41K	+98.27%
1993-06-30	AU$-78.84 Million ≈ $-55.78 Million	-0.13%
1992-06-30	AU$-78.74 Million ≈ $-55.71 Million	-20674.93%
1991-06-30	AU$-379.00K ≈ $-268.17K	+40.87%
1990-06-30	AU$-641.00K ≈ $-453.55K	-104.88%
1989-06-30	AU$13.14 Million ≈ $9.30 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Astute Metals NL'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 2175536200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component	Amount	Percentage
Other Components	AU$41.90 Million	230.93%
Total Equity	AU$18.14 Million	100.00%

Astute Metals NL Competitors by Market Cap

The table below lists competitors of Astute Metals NL ranked by their market capitalization.

Company	Market Cap
NEXE Innovations Inc V:NEXE	$11.96 Million
INCOME ASSET MNG.GRP.LTD. F:C1R	$11.97 Million
Par Drugs And Chemicals Limited NSE:PAR	$11.98 Million
AUGA GROUP AB EO 029 F:W9Z	$11.98 Million
Boa Concept SA PA:ALBOA	$11.96 Million
Orpheus Uranium Ltd AU:ORP	$11.96 Million
Photonike Capital SA PA:MLPHO	$11.96 Million
HF Company SA PA:ALHF	$11.95 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Astute Metals NL's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 18,168,347 to 18,142,393, a change of -25,954 (-0.1%).
Net loss of 4,015,795 reduced equity.
Share repurchases of 222,634 reduced equity.
New share issuances of 3,267,433 increased equity.
Other factors increased equity by 945,042.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-4.02 Million	-22.13%
Share Repurchases	AU$222.63K	-1.23%
Share Issuances	AU$3.27 Million	+18.01%
Other Changes	AU$945.04K	+5.21%
Total Change	AU$-	-0.14%

Book Value vs Market Value Analysis

This analysis compares Astute Metals NL'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: 0.39x
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 decreased from 1.31x to 0.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1989-06-30	AU$0.01	AU$0.02	x
1990-06-30	AU$0.00	AU$0.02	x
1991-06-30	AU$0.00	AU$0.02	x
1992-06-30	AU$-190.42	AU$0.02	x
1993-06-30	AU$-190.66	AU$0.02	x
1994-06-30	AU$-3.30	AU$0.02	x
1995-06-30	AU$1.36	AU$0.02	x
1996-06-30	AU$2.04	AU$0.02	x
1997-06-30	AU$4.15	AU$0.02	x
1998-06-30	AU$6.66	AU$0.02	x
1999-06-30	AU$-1.04	AU$0.02	x
2000-06-30	AU$2.45	AU$0.02	x
2001-06-30	AU$0.17	AU$0.02	x
2002-06-30	AU$-3.31	AU$0.02	x
2003-06-30	AU$-2.80	AU$0.02	x
2004-06-30	AU$-0.25	AU$0.02	x
2005-06-30	AU$0.23	AU$0.02	x
2006-06-30	AU$0.17	AU$0.02	x
2007-06-30	AU$0.13	AU$0.02	x
2008-06-30	AU$0.05	AU$0.02	x
2009-06-30	AU$-0.02	AU$0.02	x
2010-06-30	AU$0.11	AU$0.02	x
2011-06-30	AU$0.06	AU$0.02	x
2012-06-30	AU$0.07	AU$0.02	x
2013-06-30	AU$0.03	AU$0.02	x
2014-06-30	AU$0.02	AU$0.02	x
2015-06-30	AU$0.00	AU$0.02	x
2016-06-30	AU$0.00	AU$0.02	x
2017-06-30	AU$0.00	AU$0.02	x
2018-06-30	AU$0.00	AU$0.02	x
2019-06-30	AU$0.04	AU$0.02	x
2020-06-30	AU$0.02	AU$0.02	x
2021-06-30	AU$0.08	AU$0.02	x
2022-06-30	AU$0.07	AU$0.02	x
2023-06-30	AU$0.05	AU$0.02	x
2024-06-30	AU$0.04	AU$0.02	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Astute Metals NL 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): -22.13%
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: 1.04x
Recent ROE (-22.13%) is above the historical average (-119.29%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1992	0.00%	-1416.87%	8.16x	0.00x	AU$-70.68 Million
1994	0.00%	1142.39%	7.25x	0.00x	AU$78.69 Million
1999	0.00%	0.00%	0.00x	0.00x	AU$-11.46 Million
2000	-314.94%	-23630.30%	0.00x	4.98x	AU$-8.05 Million
2001	-1480.45%	-5816.07%	0.00x	55.77x	AU$-3.28 Million
2002	0.00%	-55551.36%	0.01x	0.00x	AU$-6.95 Million
2003	0.00%	-970.08%	0.23x	0.00x	AU$-1.83 Million
2004	0.00%	-19843.67%	0.00x	0.00x	AU$-542.20K
2005	-373.55%	-9500.48%	0.02x	2.10x	AU$-5.12 Million
2006	-124.97%	0.00%	0.00x	1.51x	AU$-2.25 Million
2007	-32.67%	-1987.50%	0.01x	1.31x	AU$-561.14K
2008	-135.45%	-8725.34%	0.01x	1.25x	AU$-773.92K
2009	0.00%	0.00%	0.00x	0.00x	AU$-688.77K
2010	-31.04%	0.00%	0.00x	1.18x	AU$-1.38 Million
2011	-27.91%	0.00%	0.00x	1.15x	AU$-1.32 Million
2012	-49.23%	0.00%	0.00x	1.21x	AU$-2.75 Million
2013	-20.89%	0.00%	0.00x	1.06x	AU$-1.19 Million
2014	-41.10%	-4144.84%	0.01x	1.57x	AU$-1.43 Million
2015	0.00%	-66799.88%	0.00x	0.00x	AU$-2.86 Million
2016	-406.32%	0.00%	0.00x	13.24x	AU$-813.75K
2017	-23.92%	0.00%	0.00x	1.08x	AU$-851.26K
2018	-61.90%	0.00%	0.00x	1.90x	AU$-1.12 Million
2019	-50.80%	-7833.73%	0.00x	2.07x	AU$-1.04 Million
2020	-102.04%	-369898.93%	0.00x	4.19x	AU$-1.14 Million
2021	-13.53%	-116101.10%	0.00x	1.03x	AU$-2.02 Million
2022	-11.03%	-198505.65%	0.00x	1.07x	AU$-2.35 Million
2023	-16.28%	0.00%	0.00x	1.10x	AU$-4.78 Million
2024	-22.13%	0.00%	0.00x	1.04x	AU$-5.83 Million

Industry Comparison

This section compares Astute Metals NL'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
Astute Metals NL (ASE)	AU$18.13 Million	0.00%	0.04x	$11.96 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 Astute Metals NL

AU:ASE Australia Other Industrial Metals & Mining

Market Cap

$11.96 Million

AU$16.91 Million AUD

Market Cap Rank

#26415 Global

#1277 in Australia

Share Price

AU$0.02

Change (1 day)

-11.11%

52-Week Range

AU$0.01 - AU$0.03

All Time High

AU$0.09