Aston Minerals Ltd (ASO) - Net Assets
Based on the latest financial reports, Aston Minerals Ltd (ASO) has net assets worth AU$4.10 Million AUD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.34 Million) and total liabilities (AU$235.26K). 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$4.10 Million |
| % of Total Assets | 94.58% |
| Annual Growth Rate | 3.96% |
| 5-Year Change | -45.57% |
| 10-Year Change | -87.25% |
| Growth Volatility | 209.99 |
Aston Minerals Ltd - Net Assets Trend (2010–2023)
This chart illustrates how Aston Minerals 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 Aston Minerals Ltd (2010–2023)
The table below shows the annual net assets of Aston Minerals Ltd from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | AU$5.13 Million | +470.49% |
| 2022-12-31 | AU$899.24K | -94.83% |
| 2021-12-31 | AU$17.38 Million | +38.04% |
| 2020-12-31 | AU$12.59 Million | +33.58% |
| 2019-12-31 | AU$9.43 Million | -12.76% |
| 2018-12-31 | AU$10.80 Million | -40.01% |
| 2017-12-31 | AU$18.01 Million | +528.81% |
| 2016-12-31 | AU$2.86 Million | +1285.42% |
| 2015-12-31 | AU$-241.62K | -100.60% |
| 2014-12-31 | AU$40.24 Million | +345.87% |
| 2013-12-31 | AU$9.02 Million | -2.05% |
| 2012-12-31 | AU$9.21 Million | -1.45% |
| 2011-12-31 | AU$9.35 Million | +201.95% |
| 2010-12-31 | AU$3.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aston Minerals 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 17830730800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$149.29 Million | 2906.88% |
| Other Comprehensive Income | AU$34.17 Million | 665.35% |
| Total Equity | AU$5.14 Million | 100.00% |
Aston Minerals Ltd Competitors by Market Cap
The table below lists competitors of Aston Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KROPZ PLC LS-001
F:67W
|
$20.16 Million |
|
LS telcom AG
XETRA:LSX
|
$20.16 Million |
|
Cuscapi Berhad
KLSE:0051
|
$20.16 Million |
|
Rohas Tecnic Bhd
KLSE:9741
|
$20.17 Million |
|
Egide S.A.
PA:ALGID
|
$20.16 Million |
|
Mitchells & Butlers PLC
LSE:MAB
|
$20.15 Million |
|
Agrimin Ltd
AU:AMN
|
$20.15 Million |
|
LITHIUMBANK RESOURCES
F:HT9
|
$20.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aston Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 905,026 to 5,135,846, a change of 4,230,820 (467.5%).
- Net loss of 5,885,377 reduced equity.
- Share repurchases of 739,420 reduced equity.
- New share issuances of 11,000,000 increased equity.
- Other comprehensive income decreased equity by 144,383.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-5.89 Million | -114.59% |
| Share Repurchases | AU$739.42K | -14.4% |
| Share Issuances | AU$11.00 Million | +214.18% |
| Other Comprehensive Income | AU$-144.38K | -2.81% |
| Total Change | AU$- | 467.48% |
Book Value vs Market Value Analysis
This analysis compares Aston Minerals 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: 5.47x
- 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 0.03x to 5.47x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | AU$0.77 | AU$0.02 | x |
| 2011-12-31 | AU$1.09 | AU$0.02 | x |
| 2012-12-31 | AU$0.90 | AU$0.02 | x |
| 2013-12-31 | AU$0.75 | AU$0.02 | x |
| 2014-12-31 | AU$1.33 | AU$0.02 | x |
| 2015-12-31 | AU$0.00 | AU$0.02 | x |
| 2016-12-31 | AU$0.01 | AU$0.02 | x |
| 2017-12-31 | AU$0.03 | AU$0.02 | x |
| 2018-12-31 | AU$0.01 | AU$0.02 | x |
| 2019-12-31 | AU$0.01 | AU$0.02 | x |
| 2020-12-31 | AU$0.01 | AU$0.02 | x |
| 2021-12-31 | AU$0.02 | AU$0.02 | x |
| 2022-12-31 | AU$0.00 | AU$0.02 | x |
| 2023-12-31 | AU$0.00 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aston Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -114.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3728.46%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.04x
- Recent ROE (-114.59%) is above the historical average (-320.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -36.83% | 0.00% | 0.00x | 1.01x | AU$-4.38 Million |
| 2012 | -13.23% | -3494.07% | 0.00x | 1.01x | AU$-2.15 Million |
| 2013 | -16.28% | -26508.13% | 0.00x | 1.06x | AU$-2.39 Million |
| 2014 | -24.74% | -70726.47% | 0.00x | 1.02x | AU$-14.13 Million |
| 2015 | 0.00% | -4600.60% | 2.53x | 0.00x | AU$-6.23 Million |
| 2016 | -689.93% | -65071.54% | 0.01x | 1.06x | AU$-20.09 Million |
| 2017 | -22.85% | -1379.88% | 0.02x | 1.03x | AU$-5.92 Million |
| 2018 | -66.40% | -2082.78% | 0.03x | 1.08x | AU$-8.26 Million |
| 2019 | -17.13% | -1067.32% | 0.02x | 1.02x | AU$-2.56 Million |
| 2020 | -205.63% | -71175.63% | 0.00x | 1.14x | AU$-27.16 Million |
| 2021 | -142.07% | -111043.43% | 0.00x | 1.22x | AU$-26.44 Million |
| 2022 | -2813.51% | -22457.54% | 0.06x | 2.26x | AU$-25.55 Million |
| 2023 | -114.59% | -3728.46% | 0.03x | 1.04x | AU$-6.40 Million |
Industry Comparison
This section compares Aston Minerals 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: $14,585,474
- Average return on equity (ROE) among peers: -42.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aston Minerals Ltd (ASO) | AU$4.10 Million | -36.83% | 0.06x | $20.16 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $4.90 Million |
| Morella Corporation Ltd (1MC) | $26.74 Million | -3.42% | 0.33x | $7.30 Million |
| Amaero Ltd (3DA) | $15.15 Million | -46.15% | 0.26x | $242.64 Million |
| 6K Additive Inc (6KA) | $62.92 Million | -28.47% | 0.10x | $147.50 Million |
| Atlantic Lithium Ltd (A11) | $138.00K | -62.13% | 3.42x | $183.97 Million |
| African Gold Ltd (A1G) | $8.52 Million | -85.61% | 0.07x | $410.96 Million |
| Albright Metals Ltd (ABR) | $7.50 Million | -2.38% | 0.02x | $3.15 Million |
| Audalia Resources Ltd (ACP) | $6.55 Million | -38.02% | 6.45x | $13.54 Million |
| Accent Resources NL (ACS) | $1.44 Million | -153.32% | 3.19x | $19.05 Million |
| Acdc Metals Ltd (ADC) | $11.27 Million | -1.92% | 0.01x | $2.92 Million |
About Aston Minerals Ltd
As of May 29, 2025, Aston Minerals Limited was acquired by Torque Metals Limited. Aston Minerals Limited engages in the acquisition, exploration, and evaluation of mineral properties in Canada, Australia, Indonesia, and Europe. It primarily explores for nickel, cobalt, copper, and gold deposits. The company holds interest in the Edleston gold and nickel project located to the south of Timmins, On… Read more