Altitude Minerals Ltd
Altitude Minerals Ltd engages in the exploration of minerals exploration tenements located in South Australia. It explores for copper and gold deposits. The company holds interest in the Peake Project covering an area of 5,000 square kilometers located in the Gawler Craton, South Australia; 100% interest in the Theseus Project which covers a total of 944 square kilometres located in New South Wal… Read more
Altitude Minerals Ltd (ATT) - Net Assets
Latest net assets as of June 2025: AU$1.21 Million AUD
Based on the latest financial reports, Altitude Minerals Ltd (ATT) has net assets worth AU$1.21 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$1.57 Million) and total liabilities (AU$360.34K). 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$1.21 Million |
| % of Total Assets | 77.05% |
| Annual Growth Rate | 4.58% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 372.87 |
Altitude Minerals Ltd - Net Assets Trend (2021–2025)
This chart illustrates how Altitude 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 Altitude Minerals Ltd (2021–2025)
The table below shows the annual net assets of Altitude Minerals Ltd from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.21 Million | -70.77% |
| 2024-06-30 | AU$4.14 Million | -30.62% |
| 2023-06-30 | AU$5.97 Million | -35.50% |
| 2022-06-30 | AU$9.25 Million | +814.74% |
| 2021-06-30 | AU$1.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altitude 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 1465525300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$18.88 Million | 1560.06% |
| Total Equity | AU$1.21 Million | 100.00% |
Altitude Minerals Ltd Competitors by Market Cap
The table below lists competitors of Altitude Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Castro
TA:CAST
|
$2.59 Million |
|
Yanaprima Hastapersada Tbk
JK:YPAS
|
$2.59 Million |
|
Advent Wireless Inc
V:AWI
|
$2.59 Million |
|
Mazarin Inc
V:MAZ-H
|
$2.59 Million |
|
Minox International Group Berhad
KLSE:0288
|
$2.59 Million |
|
SRIVARU Holding Limited Ordinary Shares
OTC:SVMH
|
$2.59 Million |
|
Auking Mining Ltd
AU:AKN
|
$2.59 Million |
|
HYDROGEN UTOPIA INT.-001
F:D60
|
$2.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altitude Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,140,020 to 1,209,940, a change of -2,930,080 (-70.8%).
- Net loss of 3,896,450 reduced equity.
- Other factors increased equity by 966,370.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.90 Million | -322.04% |
| Other Changes | AU$966.37K | +79.87% |
| Total Change | AU$- | -70.77% |
Book Value vs Market Value Analysis
This analysis compares Altitude 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: 2.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.81x to 2.10x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | AU$0.02 | AU$0.02 | x |
| 2022-06-30 | AU$0.11 | AU$0.02 | x |
| 2023-06-30 | AU$0.07 | AU$0.02 | x |
| 2024-06-30 | AU$0.04 | AU$0.02 | x |
| 2025-06-30 | AU$0.01 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altitude Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -322.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3770.15%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.30x
- Recent ROE (-322.04%) is below the historical average (-125.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -90.43% | 0.00% | 0.00x | 1.16x | AU$-1.02 Million |
| 2022 | -34.25% | 0.00% | 0.00x | 1.04x | AU$-4.09 Million |
| 2023 | -59.27% | -592.08% | 0.09x | 1.12x | AU$-4.13 Million |
| 2024 | -122.29% | -3338.82% | 0.03x | 1.15x | AU$-5.48 Million |
| 2025 | -322.04% | -3770.15% | 0.07x | 1.30x | AU$-4.02 Million |
Industry Comparison
This section compares Altitude Minerals Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $126,023,917
- Average return on equity (ROE) among peers: -55.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altitude Minerals Ltd (ATT) | AU$1.21 Million | -90.43% | 0.30x | $2.59 Million |
| 29METALS Ltd (29M) | $769.54 Million | 15.73% | 0.71x | $171.73 Million |
| Aic Mines Ltd (A1M) | $8.72 Million | -78.07% | 0.14x | $147.29 Million |
| Australian Critical Minerals Ltd (ACM) | $-14.00K | 0.00% | 0.00x | $1.43 Million |
| Alvo Minerals Ltd (ALV) | $3.02 Million | -198.12% | 0.08x | $2.34 Million |
| Alicanto Minerals Ltd (AQI) | $4.78 Million | -147.27% | 0.13x | $43.93 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $2.21 Million |
| Avira Resources Ltd (AVW) | $7.03 Million | -32.56% | 0.54x | $1.27 Million |
| Antipa Minerals Ltd (AZY) | $98.25 Million | -5.44% | 0.06x | $209.72 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $10.17 Million |