Aston Minerals Ltd (ASO) - Net Assets

Latest as of December 2024: AU$4.10 Million AUD

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.

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

AU:ASO Australia Other Industrial Metals & Mining
Market Cap
$20.16 Million
AU$28.49 Million AUD
Market Cap Rank
#28041 Global
#1086 in Australia
Share Price
AU$0.02
Change (1 day)
+0.00%
52-Week Range
AU$0.02 - AU$0.03
All Time High
AU$0.87
About

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