Accelerate Resources Ltd

AU:AX8 Australia Other Industrial Metals & Mining
Market Cap
$4.38 Million
AU$7.08 Million AUD
Market Cap Rank
#33471 Global
#1153 in Australia
Share Price
AU$0.01
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.01
All Time High
AU$0.21
About

Accelerate Resources Limited operates as a mineral exploration company in Australia. The company explores for manganese, gold, lithium, and critical mineral deposits. Accelerate Resources Limited was incorporated in 2017 and is based in West Perth, Australia.

Accelerate Resources Ltd (AX8) - Net Assets

Latest net assets as of June 2025: AU$12.23 Million AUD

Based on the latest financial reports, Accelerate Resources Ltd (AX8) has net assets worth AU$12.23 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$12.80 Million) and total liabilities (AU$569.73K). 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$12.23 Million
% of Total Assets 95.55%
Annual Growth Rate 72.52%
5-Year Change 236.26%
10-Year Change N/A
Growth Volatility 1216.2

Accelerate Resources Ltd - Net Assets Trend (2017–2025)

This chart illustrates how Accelerate Resources 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 Accelerate Resources Ltd (2017–2025)

The table below shows the annual net assets of Accelerate Resources Ltd from 2017 to 2025.

Year Net Assets Change
2025-06-30 AU$12.23 Million +3.97%
2024-06-30 AU$11.76 Million +54.50%
2023-06-30 AU$7.61 Million +19.70%
2022-06-30 AU$6.36 Million +74.88%
2021-06-30 AU$3.64 Million +8.89%
2020-06-30 AU$3.34 Million -20.49%
2019-06-30 AU$4.20 Million -28.91%
2018-06-30 AU$5.91 Million +3692.19%
2017-06-30 AU$155.84K --

Equity Component Analysis

This analysis shows how different components contribute to Accelerate Resources 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 1458493600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$23.62 Million 193.12%
Other Comprehensive Income AU$3.56 Million 29.11%
Other Components AU$1.00 0.00%
Total Equity AU$12.23 Million 100.00%

Accelerate Resources Ltd Competitors by Market Cap

The table below lists competitors of Accelerate Resources Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 11,763,516 to 12,230,607, a change of 467,091 (4.0%).
  • Net income of 265,752 contributed positively to equity growth.
  • Share repurchases of 1,350,000 reduced equity.
  • Other comprehensive income increased equity by 13,288.
  • Other factors increased equity by 1,538,051.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$265.75K +2.17%
Share Repurchases AU$1.35 Million -11.04%
Other Comprehensive Income AU$13.29K +0.11%
Other Changes AU$1.54 Million +12.58%
Total Change AU$- 3.97%

Book Value vs Market Value Analysis

This analysis compares Accelerate Resources 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: 0.41x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 2.33x to 0.41x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-06-30 AU$0.00 AU$0.01 x
2018-06-30 AU$0.23 AU$0.01 x
2019-06-30 AU$0.08 AU$0.01 x
2020-06-30 AU$0.06 AU$0.01 x
2021-06-30 AU$0.03 AU$0.01 x
2022-06-30 AU$0.03 AU$0.01 x
2023-06-30 AU$0.03 AU$0.01 x
2024-06-30 AU$0.02 AU$0.01 x
2025-06-30 AU$0.02 AU$0.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Accelerate Resources 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): 2.17%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 987.56%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.05x
  • Recent ROE (2.17%) is above the historical average (-55.25%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 -234.21% 0.00% 0.00x 1.18x AU$-380.58K
2018 -14.68% 0.00% 0.00x 1.06x AU$-1.46 Million
2019 -40.82% -3725.35% 0.01x 1.02x AU$-2.14 Million
2020 -45.08% -2253.35% 0.02x 1.06x AU$-1.84 Million
2021 -92.76% -3058.35% 0.03x 1.04x AU$-3.74 Million
2022 -19.21% -81466.67% 0.00x 1.05x AU$-1.86 Million
2023 -30.31% 0.00% 0.00x 1.06x AU$-3.07 Million
2024 -22.34% -5122.11% 0.00x 1.08x AU$-3.80 Million
2025 2.17% 987.56% 0.00x 1.05x AU$-957.31K

Industry Comparison

This section compares Accelerate Resources 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: $18,826,689
  • Average return on equity (ROE) among peers: -37.04%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Accelerate Resources Ltd (AX8) AU$12.23 Million -234.21% 0.05x $2.60 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.03K
Morella Corporation Ltd (1MC) $64.99 Million -144.24% 4.26x $2.93 Million
6K Additive Inc (6KA) $62.92 Million -28.47% 0.10x $24.39 Million
Atlantic Lithium Ltd (A11) $15.58 Million -14.80% 0.03x $91.16 Million
African Gold Ltd (A1G) $10.30 Million -17.56% 0.09x $169.49 Million
Albright Metals Ltd (ABR) $7.74 Million -10.47% 0.03x $949.11K
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $1.74 Million -130.20% 4.99x $211.71K
Acdc Metals Ltd (ADC) $10.58 Million -4.74% 0.03x $939.49K
Admiralty Resources NL (ADY) $6.66 Million 0.00% 0.34x $5.70 Million