Atrum Coal NL
Atrum Coal Limited operates as metallurgical coal development company in Australia. The company's flagship asset is the 100%-owned Elan Hard coking coal project located in the Crowsnest Pass area of southern Alberta, Canada. It also develops and explores for anthracite in British Columbia, Canada. Atrum Coal Limited was incorporated in 2011 and is based in Sydney, Australia.
Atrum Coal NL (ATU) - Net Assets
Latest net assets as of June 2024: AU$-3.46 Million AUD
Based on the latest financial reports, Atrum Coal NL (ATU) has net assets worth AU$-3.46 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.86 Million) and total liabilities (AU$8.32 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-3.46 Million |
| % of Total Assets | -71.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | -100.2% |
| 10-Year Change | -102.31% |
| Growth Volatility | 93.62 |
Atrum Coal NL - Net Assets Trend (2011–2023)
This chart illustrates how Atrum Coal NL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Atrum Coal NL (2011–2023)
The table below shows the annual net assets of Atrum Coal NL from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | AU$-34.73K | -100.89% |
| 2022-12-31 | AU$3.88 Million | -52.46% |
| 2021-12-31 | AU$8.17 Million | -48.70% |
| 2020-12-31 | AU$15.92 Million | -6.76% |
| 2019-12-31 | AU$17.08 Million | +6.40% |
| 2018-12-31 | AU$16.05 Million | +112.37% |
| 2017-12-31 | AU$7.56 Million | -3.05% |
| 2016-12-31 | AU$7.80 Million | +150.85% |
| 2015-12-31 | AU$3.11 Million | +106.51% |
| 2014-12-31 | AU$1.50 Million | -84.72% |
| 2013-12-31 | AU$9.85 Million | +189.04% |
| 2012-12-31 | AU$3.41 Million | -61.08% |
| 2011-12-31 | AU$8.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Atrum Coal 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 14660216700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$134.94 Million | % |
| Other Comprehensive Income | AU$12.56 Million | % |
| Total Equity | AU$-34.73K | 100.00% |
Atrum Coal NL Competitors by Market Cap
The table below lists competitors of Atrum Coal NL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TrustBIX Inc
PINK:TBIXF
|
$1.54 Million |
|
PT Adhi Karya (Persero) Tbk
F:KM6
|
$1.54 Million |
|
Zinc8 Energy Solutions Inc
PINK:ZAIRF
|
$1.54 Million |
|
Medesis Pharma SA
PA:ALMDP
|
$1.54 Million |
|
PT Lupromax Pelumas Indonesia Tb
JK:LMAX
|
$1.53 Million |
|
MKDWELL Tech Inc. Ordinary Share
NASDAQ:MKDW
|
$1.53 Million |
|
ModuLink Inc.
NASDAQ:MDLK
|
$1.53 Million |
|
IQ Group Holdings Bhd
KLSE:5107
|
$1.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atrum Coal NL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,883,289 to -34,731, a change of -3,918,020 (-100.9%).
- Net loss of 6,030,021 reduced equity.
- Share repurchases of 305,836 reduced equity.
- New share issuances of 2,257,788 increased equity.
- Other comprehensive income increased equity by 160,049.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-6.03 Million | -17362.07% |
| Share Repurchases | AU$305.84K | -880.59% |
| Share Issuances | AU$2.26 Million | +6500.79% |
| Other Comprehensive Income | AU$160.05K | +460.82% |
| Total Change | AU$- | -100.89% |
Book Value vs Market Value Analysis
This analysis compares Atrum Coal 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | AU$0.12 | AU$0.00 | x |
| 2012-12-31 | AU$0.04 | AU$0.00 | x |
| 2013-12-31 | AU$0.05 | AU$0.00 | x |
| 2014-12-31 | AU$0.01 | AU$0.00 | x |
| 2015-12-31 | AU$0.01 | AU$0.00 | x |
| 2016-12-31 | AU$0.03 | AU$0.00 | x |
| 2017-12-31 | AU$0.02 | AU$0.00 | x |
| 2018-12-31 | AU$0.04 | AU$0.00 | x |
| 2019-12-31 | AU$0.03 | AU$0.00 | x |
| 2020-12-31 | AU$0.02 | AU$0.00 | x |
| 2021-12-31 | AU$0.01 | AU$0.00 | x |
| 2022-12-31 | AU$0.00 | AU$0.00 | x |
| 2023-12-31 | AU$0.00 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atrum Coal NL utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1155.31%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-219.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -10.62% | -16477.34% | 0.00x | 1.04x | AU$-1.80 Million |
| 2012 | -188.88% | -3165.52% | 0.04x | 1.38x | AU$-6.78 Million |
| 2013 | -194.09% | -13736.53% | 0.01x | 1.41x | AU$-20.10 Million |
| 2014 | -1276.30% | -694121.18% | 0.00x | 8.67x | AU$-19.36 Million |
| 2015 | -377.95% | -109974.62% | 0.00x | 3.72x | AU$-12.06 Million |
| 2016 | -135.95% | -1115571.47% | 0.00x | 1.76x | AU$-11.38 Million |
| 2017 | -4.90% | -30584.46% | 0.00x | 1.47x | AU$-1.13 Million |
| 2018 | -29.05% | -99008.77% | 0.00x | 1.04x | AU$-6.27 Million |
| 2019 | -134.47% | -46617.25% | 0.00x | 1.18x | AU$-24.67 Million |
| 2020 | -161.76% | -203932.98% | 0.00x | 1.11x | AU$-27.35 Million |
| 2021 | -138.90% | -1316.42% | 0.07x | 1.44x | AU$-12.16 Million |
| 2022 | -201.53% | -1611.47% | 0.06x | 2.05x | AU$-8.21 Million |
| 2023 | 0.00% | -1155.31% | 0.06x | 0.00x | AU$-6.03 Million |
Industry Comparison
This section compares Atrum Coal NL's net assets metrics with peer companies in the Coking Coal industry.
Industry Context
- Industry: Coking Coal
- Average net assets among peers: $34,028,669
- Average return on equity (ROE) among peers: -59.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atrum Coal NL (ATU) | AU$-3.46 Million | -10.62% | N/A | $1.53 Million |
| Aspire Mining Ltd (AKM) | $2.67 Million | -6.03% | 0.02x | $20.78 Million |
| Advance Metals Ltd (AVM) | $326.67K | -326.93% | 2.51x | $10.19 Million |
| Bowen Coking Coal Ltd (BCB) | $10.48 Million | -19.44% | 0.12x | $2.73 Million |
| Cokal Ltd (CKA) | $-31.52K | 0.00% | 0.00x | $23.66 Million |
| Jameson Resources Ltd (JAL) | $15.04 Million | -33.41% | 0.01x | $19.66 Million |
| Tigers Realm Coal Ltd (TIG) | $175.69 Million | 26.25% | 0.22x | $9.74 Million |