Advance Metals Ltd

AU:AVM Australia Coking Coal
Market Cap
$26.25 Million
AU$42.39 Million AUD
Market Cap Rank
#28438 Global
#739 in Australia
Share Price
AU$0.09
Change (1 day)
+0.00%
52-Week Range
AU$0.04 - AU$0.19
All Time High
AU$3.39
Categories
Companies in Australia Coking Coal
About

Advance Metals Limited operates as a gold and silver exploration and development company in Australia and North America. It holds interests in the Yoquivo silver project located in Mexico. The company also has option agreements with Myrtleford and Beaufort Gold projects situated in Victoria, Australia, as well as the Gavilanes Silver Project located in Mexico. In addition, it holds coal explorati… Read more

Advance Metals Ltd (AVM) - Net Assets

Latest net assets as of June 2025: AU$11.54 Million AUD

Based on the latest financial reports, Advance Metals Ltd (AVM) has net assets worth AU$11.54 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$11.92 Million) and total liabilities (AU$379.29K). 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$11.54 Million
% of Total Assets 96.82%
Annual Growth Rate -3.08%
5-Year Change 113.06%
10-Year Change 154.43%
Growth Volatility 928.63

Advance Metals Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Advance Metals 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 Advance Metals Ltd (2008–2024)

The table below shows the annual net assets of Advance Metals Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 AU$8.65 Million +52.45%
2023-12-31 AU$5.67 Million +0.35%
2022-12-31 AU$5.65 Million -0.51%
2021-12-31 AU$5.68 Million +39.99%
2020-12-31 AU$4.06 Million +9.08%
2019-12-31 AU$3.72 Million -18.67%
2018-12-31 AU$4.58 Million +0.29%
2017-12-31 AU$4.56 Million -22.60%
2016-12-31 AU$5.89 Million +73.40%
2015-12-31 AU$3.40 Million +3823.35%
2014-12-31 AU$86.64K -73.48%
2013-12-31 AU$326.67K -73.71%
2012-12-31 AU$1.24 Million -87.00%
2011-12-31 AU$9.56 Million -16.77%
2010-12-31 AU$11.49 Million -25.15%
2009-12-31 AU$15.35 Million +7.54%
2008-12-31 AU$14.27 Million --

Equity Component Analysis

This analysis shows how different components contribute to Advance Metals 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 702073806.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$21.82 Million 252.27%
Other Comprehensive Income AU$2.05 Million 23.73%
Total Equity AU$8.65 Million 100.00%

Advance Metals Ltd Competitors by Market Cap

The table below lists competitors of Advance Metals Ltd ranked by their market capitalization.

Company Market Cap
CRTUF
PINK:CRTUF
 		$10.19 Million
PNC Technologies co. Ltd
KQ:237750
 		$10.19 Million
Bioray Biotech Co., Ltd
TWO:7561
 		$10.19 Million
Veranda Resort Public Company Limited
BK:VRANDA
 		$10.19 Million
Profoto Holding AB
ST:PRFO
 		$10.19 Million
RP Optical Lab Ltd
TA:RPOL
 		$10.18 Million
Integrum AB Series B
ST:INTEG-B
 		$10.18 Million
Biomind Labs Inc.
PINK:BMNDF
 		$10.18 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,673,521 to 8,649,080, a change of 2,975,559 (52.4%).
  • Net loss of 951,000 reduced equity.
  • Share repurchases of 210,789 reduced equity.
  • New share issuances of 3,338,771 increased equity.
  • Other comprehensive income increased equity by 1,598,571.
  • Other factors decreased equity by 799,994.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-951.00K -11.0%
Share Repurchases AU$210.79K -2.44%
Share Issuances AU$3.34 Million +38.6%
Other Comprehensive Income AU$1.60 Million +18.48%
Other Changes AU$-799.99K -9.25%
Total Change AU$- 52.45%

Book Value vs Market Value Analysis

This analysis compares Advance Metals 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: 1.06x
  • 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 0.05x to 1.06x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 AU$1.96 AU$0.09 x
2009-12-31 AU$1.78 AU$0.09 x
2010-12-31 AU$1.33 AU$0.09 x
2011-12-31 AU$1.16 AU$0.09 x
2012-12-31 AU$0.22 AU$0.09 x
2013-12-31 AU$0.11 AU$0.09 x
2014-12-31 AU$0.03 AU$0.09 x
2015-12-31 AU$0.80 AU$0.09 x
2016-12-31 AU$0.88 AU$0.09 x
2017-12-31 AU$0.55 AU$0.09 x
2018-12-31 AU$0.51 AU$0.09 x
2019-12-31 AU$0.38 AU$0.09 x
2020-12-31 AU$0.31 AU$0.09 x
2021-12-31 AU$0.33 AU$0.09 x
2022-12-31 AU$0.23 AU$0.09 x
2023-12-31 AU$0.19 AU$0.09 x
2024-12-31 AU$0.09 AU$0.09 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Advance Metals 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): -11.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2372.75%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.02x
  • Recent ROE (-11.00%) is above the historical average (-96.60%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 -28.46% 0.00% 0.00x 1.23x AU$-5.49 Million
2009 -7.02% -142.46% 0.04x 1.23x AU$-2.61 Million
2010 -25.52% -1814.51% 0.01x 1.38x AU$-4.08 Million
2011 -27.73% -1642.88% 0.02x 1.00x AU$-3.76 Million
2012 -348.08% 0.00% 0.00x 1.24x AU$-6.67 Million
2013 -110.83% 0.00% 0.00x 1.19x AU$-1.16 Million
2014 -842.53% 0.00% 0.00x 2.43x AU$-738.66K
2015 -61.37% 0.00% 0.00x 1.06x AU$-2.35 Million
2016 -24.06% -84404.76% 0.00x 1.05x AU$-2.01 Million
2017 -35.00% -2721.54% 0.01x 1.07x AU$-2.05 Million
2018 -2.26% -343.73% 0.01x 1.04x AU$-560.94K
2019 -36.14% -27170.59% 0.00x 1.06x AU$-1.72 Million
2020 -22.81% -61732.07% 0.00x 1.03x AU$-1.33 Million
2021 -22.22% -141892.70% 0.00x 1.03x AU$-1.83 Million
2022 -24.67% -18324.70% 0.00x 1.03x AU$-1.96 Million
2023 -12.57% -3806.73% 0.00x 1.03x AU$-1.28 Million
2024 -11.00% -2372.75% 0.00x 1.02x AU$-1.82 Million

Industry Comparison

This section compares Advance Metals Ltd's net assets metrics with peer companies in the Coking Coal industry.

Industry Context

  • Industry: Coking Coal
  • Average net assets among peers: $36,649,226
  • Average return on equity (ROE) among peers: -10.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Advance Metals Ltd (AVM) AU$11.54 Million -28.46% 0.03x $10.19 Million
Aspire Mining Ltd (AKM) $2.67 Million -6.03% 0.02x $20.78 Million
Atrum Coal NL (ATU) $16.05 Million -29.05% 0.04x $1.53 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