Alliance Nickel Ltd (AXN) - Net Assets
Based on the latest financial reports, Alliance Nickel Ltd (AXN) has net assets worth AU$49.82 Million AUD (≈ $35.25 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$55.66 Million ≈ $39.39 Million USD) and total liabilities (AU$5.84 Million ≈ $4.14 Million 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 AXN financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$49.82 Million |
| % of Total Assets | 89.5% |
| Annual Growth Rate | 9.65% |
| 5-Year Change | 48.64% |
| 10-Year Change | 74.2% |
| Growth Volatility | 55.79 |
Alliance Nickel Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Alliance Nickel Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Alliance Nickel Ltd (AXN) total assets for the complete picture of this company's asset base.
Annual Net Assets for Alliance Nickel Ltd (1989–2025)
The table below shows the annual net assets of Alliance Nickel Ltd from 1989 to 2025. For live valuation and market cap data, see Alliance Nickel Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$49.82 Million ≈ $35.25 Million |
-2.40% |
| 2024-06-30 | AU$51.05 Million ≈ $36.12 Million |
+1.75% |
| 2023-06-30 | AU$50.17 Million ≈ $35.50 Million |
+43.95% |
| 2022-06-30 | AU$34.85 Million ≈ $24.66 Million |
+3.98% |
| 2021-06-30 | AU$33.52 Million ≈ $23.71 Million |
+4.03% |
| 2020-06-30 | AU$32.22 Million ≈ $22.80 Million |
-0.73% |
| 2019-06-30 | AU$32.45 Million ≈ $22.96 Million |
+3.26% |
| 2018-06-30 | AU$31.43 Million ≈ $22.24 Million |
+2.90% |
| 2017-06-30 | AU$30.55 Million ≈ $21.61 Million |
+6.81% |
| 2016-06-30 | AU$28.60 Million ≈ $20.24 Million |
+8.80% |
| 2015-06-30 | AU$26.29 Million ≈ $18.60 Million |
-25.03% |
| 2014-06-30 | AU$35.06 Million ≈ $24.81 Million |
+5.51% |
| 2013-06-30 | AU$33.23 Million ≈ $23.51 Million |
+0.39% |
| 2012-06-30 | AU$33.10 Million ≈ $23.42 Million |
-1.12% |
| 2011-06-30 | AU$33.48 Million ≈ $23.69 Million |
+3.14% |
| 2010-06-30 | AU$32.46 Million ≈ $22.97 Million |
+8.55% |
| 2009-06-30 | AU$29.90 Million ≈ $21.16 Million |
-2.03% |
| 2008-06-30 | AU$30.52 Million ≈ $21.60 Million |
+148.24% |
| 2007-06-30 | AU$12.30 Million ≈ $8.70 Million |
+31.52% |
| 2006-06-30 | AU$9.35 Million ≈ $6.62 Million |
+16.03% |
| 2005-06-30 | AU$8.06 Million ≈ $5.70 Million |
+12.40% |
| 2004-06-30 | AU$7.17 Million ≈ $5.07 Million |
+177.47% |
| 2003-06-30 | AU$2.58 Million ≈ $1.83 Million |
-42.95% |
| 2002-06-30 | AU$4.53 Million ≈ $3.20 Million |
-4.02% |
| 2001-06-30 | AU$4.72 Million ≈ $3.34 Million |
-17.15% |
| 2000-06-30 | AU$5.69 Million ≈ $4.03 Million |
+23.98% |
| 1999-06-30 | AU$4.59 Million ≈ $3.25 Million |
-2.11% |
| 1998-06-30 | AU$4.69 Million ≈ $3.32 Million |
+11.13% |
| 1997-06-30 | AU$4.22 Million ≈ $2.99 Million |
-13.06% |
| 1996-06-30 | AU$4.86 Million ≈ $3.44 Million |
+190.13% |
| 1995-06-30 | AU$1.67 Million ≈ $1.18 Million |
-25.43% |
| 1994-06-30 | AU$2.25 Million ≈ $1.59 Million |
+137.82% |
| 1993-06-30 | AU$944.00K ≈ $667.94K |
+2.28% |
| 1992-06-30 | AU$923.00K ≈ $653.08K |
-39.95% |
| 1991-06-30 | AU$1.54 Million ≈ $1.09 Million |
-49.21% |
| 1990-06-30 | AU$3.03 Million ≈ $2.14 Million |
+67.37% |
| 1989-06-30 | AU$1.81 Million ≈ $1.28 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Alliance Nickel 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 2863323600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$78.63 Million | 157.83% |
| Other Comprehensive Income | AU$4.22 Million | 8.48% |
| Total Equity | AU$49.82 Million | 100.00% |
Alliance Nickel Ltd Competitors by Market Cap
The table below lists competitors of Alliance Nickel Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BNK Banking Corporation Ltd
AU:BBC
|
$20.59 Million |
|
Orbital Corporation Ltd
AU:OEC
|
$20.59 Million |
|
CONX Corp
NASDAQ:CONX
|
$20.61 Million |
|
DAP Corporation
KQ:066900
|
$20.61 Million |
|
TURA GROUP AB
F:8WO
|
$20.58 Million |
|
Hotel Shilla Co Ltd
KO:008775
|
$20.57 Million |
|
Delko S.A.
WAR:DEL
|
$20.57 Million |
|
KineMaster Corporation
KQ:139670
|
$20.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alliance Nickel Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 51,046,414 to 49,819,451, a change of -1,226,963 (-2.4%).
- Net loss of 2,315,708 reduced equity.
- Other comprehensive income increased equity by 1,088,745.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.32 Million | -4.65% |
| Other Comprehensive Income | AU$1.09 Million | +2.19% |
| Total Change | AU$- | -2.40% |
Book Value vs Market Value Analysis
This analysis compares Alliance Nickel 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: 0.57x
- 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 0.73x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$0.05 | AU$0.04 | x |
| 1990-06-30 | AU$0.10 | AU$0.04 | x |
| 1991-06-30 | AU$0.05 | AU$0.04 | x |
| 1992-06-30 | AU$0.03 | AU$0.04 | x |
| 1993-06-30 | AU$0.03 | AU$0.04 | x |
| 1994-06-30 | AU$0.05 | AU$0.04 | x |
| 1995-06-30 | AU$0.03 | AU$0.04 | x |
| 1996-06-30 | AU$0.07 | AU$0.04 | x |
| 1997-06-30 | AU$0.06 | AU$0.04 | x |
| 1998-06-30 | AU$0.06 | AU$0.04 | x |
| 1999-06-30 | AU$0.04 | AU$0.04 | x |
| 2000-06-30 | AU$0.04 | AU$0.04 | x |
| 2001-06-30 | AU$0.03 | AU$0.04 | x |
| 2002-06-30 | AU$0.03 | AU$0.04 | x |
| 2003-06-30 | AU$0.02 | AU$0.04 | x |
| 2004-06-30 | AU$0.06 | AU$0.04 | x |
| 2005-06-30 | AU$0.04 | AU$0.04 | x |
| 2006-06-30 | AU$0.04 | AU$0.04 | x |
| 2007-06-30 | AU$0.05 | AU$0.04 | x |
| 2008-06-30 | AU$0.11 | AU$0.04 | x |
| 2009-06-30 | AU$0.11 | AU$0.04 | x |
| 2010-06-30 | AU$0.11 | AU$0.04 | x |
| 2011-06-30 | AU$0.10 | AU$0.04 | x |
| 2012-06-30 | AU$0.10 | AU$0.04 | x |
| 2013-06-30 | AU$0.09 | AU$0.04 | x |
| 2014-06-30 | AU$0.09 | AU$0.04 | x |
| 2015-06-30 | AU$0.06 | AU$0.04 | x |
| 2016-06-30 | AU$0.06 | AU$0.04 | x |
| 2017-06-30 | AU$0.06 | AU$0.04 | x |
| 2018-06-30 | AU$0.07 | AU$0.04 | x |
| 2019-06-30 | AU$0.07 | AU$0.04 | x |
| 2020-06-30 | AU$0.06 | AU$0.04 | x |
| 2021-06-30 | AU$0.06 | AU$0.04 | x |
| 2022-06-30 | AU$0.06 | AU$0.04 | x |
| 2023-06-30 | AU$0.08 | AU$0.04 | x |
| 2024-06-30 | AU$0.07 | AU$0.04 | x |
| 2025-06-30 | AU$0.07 | AU$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alliance Nickel Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -168.76%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.12x
- Recent ROE (-4.65%) is above the historical average (-8.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -52.85% | 0.00% | 0.00x | 1.16x | AU$-1.00 Million |
| 1990 | 39.72% | 0.00% | 0.00x | 1.01x | AU$899.40K |
| 1997 | -16.18% | 0.00% | 0.00x | 1.26x | AU$-1.11 Million |
| 1998 | -23.10% | 0.00% | 0.00x | 1.28x | AU$-1.55 Million |
| 1999 | -22.18% | 0.00% | 0.00x | 1.32x | AU$-1.48 Million |
| 2000 | -16.30% | 0.00% | 0.00x | 1.20x | AU$-1.50 Million |
| 2001 | -20.71% | -855.14% | 0.02x | 1.26x | AU$-1.45 Million |
| 2002 | -4.20% | 0.00% | 0.00x | 1.30x | AU$-642.83K |
| 2003 | -78.77% | -2608974.36% | 0.00x | 1.55x | AU$-2.29 Million |
| 2004 | -6.86% | -84974.09% | 0.00x | 1.10x | AU$-1.21 Million |
| 2005 | -0.38% | -1981.70% | 0.00x | 1.02x | AU$-836.29K |
| 2006 | -4.05% | -467901.23% | 0.00x | 1.03x | AU$-1.31 Million |
| 2007 | -3.29% | 0.00% | 0.00x | 1.09x | AU$-1.63 Million |
| 2008 | -1.51% | 0.00% | 0.00x | 1.02x | AU$-3.51 Million |
| 2009 | -2.10% | 0.00% | 0.00x | 1.00x | AU$-3.62 Million |
| 2010 | -1.96% | 0.00% | 0.00x | 1.00x | AU$-3.88 Million |
| 2011 | -1.76% | -7479.01% | 0.00x | 1.00x | AU$-3.94 Million |
| 2012 | -4.21% | -1158.90% | 0.00x | 1.00x | AU$-4.70 Million |
| 2013 | -2.83% | 0.00% | 0.00x | 1.00x | AU$-4.26 Million |
| 2014 | 1.29% | 0.00% | 0.00x | 1.00x | AU$-3.05 Million |
| 2015 | -35.85% | -468.34% | 0.07x | 1.02x | AU$-12.05 Million |
| 2016 | 8.09% | 51.33% | 0.15x | 1.05x | AU$-546.90K |
| 2017 | 5.83% | 34.23% | 0.17x | 1.01x | AU$-1.27 Million |
| 2018 | -3.45% | -1084.39% | 0.00x | 1.02x | AU$-4.23 Million |
| 2019 | -0.85% | -277.00% | 0.00x | 1.00x | AU$-3.52 Million |
| 2020 | -0.74% | -237.31% | 0.00x | 1.01x | AU$-3.46 Million |
| 2021 | -0.55% | -93.00% | 0.01x | 1.00x | AU$-3.54 Million |
| 2022 | -0.87% | -302.00% | 0.00x | 1.00x | AU$-3.79 Million |
| 2023 | -7.63% | -1678.14% | 0.00x | 1.05x | AU$-8.84 Million |
| 2024 | -3.03% | -136.18% | 0.02x | 1.02x | AU$-6.65 Million |
| 2025 | -4.65% | -168.76% | 0.02x | 1.12x | AU$-7.30 Million |
Industry Comparison
This section compares Alliance Nickel 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: $4,853,937
- Average return on equity (ROE) among peers: -16.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alliance Nickel Ltd (AXN) | AU$49.82 Million | -52.85% | 0.12x | $20.58 Million |
| Morella Corporation Ltd (1MC) | $11.54 Million | -25.76% | 0.46x | $8.34 Million |
| Amaero Ltd (3DA) | $13.04 Million | -0.63% | 0.03x | $239.27 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $169.25 Million |
| Atlantic Lithium Ltd (A11) | $30.15 Million | -43.08% | 0.22x | $162.00 Million |
| African Gold Ltd (A1G) | $11.08 Million | -18.17% | 0.05x | $419.02 Million |
| Albright Metals Ltd (ABR) | $11.82 Million | -15.47% | 0.06x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $2.06 Million | -45.38% | 5.00x | $14.72 Million |
| Accent Resources NL (ACS) | $-3.42 Million | 0.00% | 0.00x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $3.08 Million |
| Andromeda Metals Ltd (ADN) | $4.85 Million | -7.89% | 0.06x | $26.17 Million |
About Alliance Nickel Ltd
Alliance Nickel Limited engages in the exploration and development of mineral properties in Australia. The company explores for nickel and cobalt deposits. Its principal property is the 100% owned NiWest nickel cobalt project located at the Murrin Murrin in the Northeastern Goldfields of Western Australia. The company was formerly known as GME Resources Limited and changed its name to Alliance Ni… Read more