Advance Metals Ltd (AVM) - Net Assets
Based on the latest financial reports, Advance Metals Ltd (AVM) has net assets worth AU$22.71 Million AUD (≈ $16.07 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$23.72 Million ≈ $16.79 Million USD) and total liabilities (AU$1.01 Million ≈ $714.03K USD). 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. Check tangible equity quality of Advance Metals Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$22.71 Million |
| % of Total Assets | 95.75% |
| Annual Growth Rate | 2.77% |
| 5-Year Change | 299.68% |
| 10-Year Change | 285.32% |
| Growth Volatility | 901.05 |
Advance Metals Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Advance Metals Ltd's net assets have evolved over time, based on quarterly financial data. See AVM defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Advance Metals Ltd (2008–2025)
The table below shows the annual net assets of Advance Metals Ltd from 2008 to 2025. For live valuation and market cap data, see AVM company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$22.71 Million ≈ $16.07 Million |
+162.61% |
| 2024-12-31 | AU$8.65 Million ≈ $6.12 Million |
+52.45% |
| 2023-12-31 | AU$5.67 Million ≈ $4.01 Million |
+0.35% |
| 2022-12-31 | AU$5.65 Million ≈ $4.00 Million |
-0.51% |
| 2021-12-31 | AU$5.68 Million ≈ $4.02 Million |
+39.99% |
| 2020-12-31 | AU$4.06 Million ≈ $2.87 Million |
+9.08% |
| 2019-12-31 | AU$3.72 Million ≈ $2.63 Million |
-18.67% |
| 2018-12-31 | AU$4.58 Million ≈ $3.24 Million |
+0.29% |
| 2017-12-31 | AU$4.56 Million ≈ $3.23 Million |
-22.60% |
| 2016-12-31 | AU$5.89 Million ≈ $4.17 Million |
+73.40% |
| 2015-12-31 | AU$3.40 Million ≈ $2.41 Million |
+3823.35% |
| 2014-12-31 | AU$86.64K ≈ $61.31K |
-73.48% |
| 2013-12-31 | AU$326.67K ≈ $231.14K |
-73.71% |
| 2012-12-31 | AU$1.24 Million ≈ $879.30K |
-87.00% |
| 2011-12-31 | AU$9.56 Million ≈ $6.76 Million |
-16.77% |
| 2010-12-31 | AU$11.49 Million ≈ $8.13 Million |
-25.15% |
| 2009-12-31 | AU$15.35 Million ≈ $10.86 Million |
+7.54% |
| 2008-12-31 | AU$14.27 Million ≈ $10.10 Million |
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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 1429985306.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$41.40 Million | 182.28% |
| Other Comprehensive Income | AU$3.81 Million | 16.78% |
| Total Equity | AU$22.71 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 |
|---|---|
|
PUC Bhd
KLSE:0007
|
$26.78 Million |
|
Prestar Resources Bhd
KLSE:9873
|
$26.79 Million |
|
Oka Corporation Bhd
KLSE:7140
|
$26.80 Million |
|
Zamet Industry SA
WAR:ZMT
|
$26.82 Million |
|
Les Enphants Co Ltd
TW:2911
|
$26.76 Million |
|
Morgan Sindall Group PLC
LSE:MGNS
|
$26.76 Million |
|
Tura Group AB
ST:TURA
|
$26.75 Million |
|
Bio Planet SA
WAR:BIP
|
$26.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advance Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,649,080 to 22,713,185, a change of 14,064,105 (162.6%).
- Net loss of 7,361,194 reduced equity.
- Share repurchases of 1,221,600 reduced equity.
- New share issuances of 18,083,492 increased equity.
- Other comprehensive income increased equity by 1,759,852.
- Other factors increased equity by 2,803,555.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-7.36 Million | -32.41% |
| Share Repurchases | AU$1.22 Million | -5.38% |
| Share Issuances | AU$18.08 Million | +79.62% |
| Other Comprehensive Income | AU$1.76 Million | +7.75% |
| Other Changes | AU$2.80 Million | +12.34% |
| Total Change | AU$- | 162.61% |
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: 6.44x
- 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 0.04x to 6.44x 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$0.08 | x |
| 2009-12-31 | AU$1.78 | AU$0.08 | x |
| 2010-12-31 | AU$1.33 | AU$0.08 | x |
| 2011-12-31 | AU$1.16 | AU$0.08 | x |
| 2012-12-31 | AU$0.22 | AU$0.08 | x |
| 2013-12-31 | AU$0.11 | AU$0.08 | x |
| 2014-12-31 | AU$0.03 | AU$0.08 | x |
| 2015-12-31 | AU$0.80 | AU$0.08 | x |
| 2016-12-31 | AU$0.88 | AU$0.08 | x |
| 2017-12-31 | AU$0.55 | AU$0.08 | x |
| 2018-12-31 | AU$0.51 | AU$0.08 | x |
| 2019-12-31 | AU$0.38 | AU$0.08 | x |
| 2020-12-31 | AU$0.31 | AU$0.08 | x |
| 2021-12-31 | AU$0.33 | AU$0.08 | x |
| 2022-12-31 | AU$0.23 | AU$0.08 | x |
| 2023-12-31 | AU$0.19 | AU$0.08 | x |
| 2024-12-31 | AU$0.09 | AU$0.08 | x |
| 2025-12-31 | AU$0.01 | AU$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advance Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -32.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10228.14%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (-32.41%) is above the historical average (-93.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -28.46% | 0.00% | 0.00x | 1.23x | AU$-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 |
| 2025 | -32.41% | -10228.14% | 0.00x | 1.04x | AU$-9.63 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: $443,384,285
- Average return on equity (ROE) among peers: -5.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advance Metals Ltd (AVM) | AU$22.71 Million | -28.46% | 0.04x | $26.76 Million |
| AJ Lucas Group Ltd (AJL) | $97.77 Million | -39.92% | 1.46x | $6.81 Million |
| Aspire Mining Ltd (AKM) | $13.61 Million | -6.46% | 0.27x | $84.41 Million |
| Bowen Coking Coal Ltd (BCB) | $-899.64K | 0.00% | 0.00x | $5.72 Million |
| Bathurst Resources Ltd (BRL) | $259.92 Million | 31.99% | 0.06x | $84.93 Million |
| Cokal Ltd (CKA) | $11.32 Million | -22.91% | 2.22x | $35.88 Million |
| Coronado Global Resources Inc (CRN) | $873.84 Million | 5.80% | 0.20x | $1.62K |
| Jameson Resources Ltd (JAL) | $15.60 Million | 0.54% | 0.02x | $19.78 Million |
| Stanmore Resources Ltd (SMR) | $2.58 Billion | -2.84% | 0.80x | $1.65 Billion |
| Tigers Realm Coal Ltd (TIG) | $138.06 Million | -14.54% | 0.57x | $27.74 Million |
About Advance Metals Ltd
Advance Metals Limited engages in the acquisition, exploration, and development of precious metals projects in Mexico and Australia. The company explores for gold and silver deposits. It holds interests in the Yoquivo silver project located in Chihuahua State, Mexico. The company also has interest in the Gavilanes Silver Project located in the Durango State, Mexico; the Guadalupe y Calvo GoldSilv… Read more