Blackstone Minerals Ltd (BSX) - Net Assets
Based on the latest financial reports, Blackstone Minerals Ltd (BSX) has net assets worth AU$79.98 Million AUD (≈ $56.59 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$83.65 Million ≈ $59.19 Million USD) and total liabilities (AU$3.67 Million ≈ $2.60 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 BSX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$79.98 Million |
| % of Total Assets | 95.61% |
| Annual Growth Rate | 36.64% |
| 5-Year Change | 160.43% |
| 10-Year Change | N/A |
| Growth Volatility | 135.31 |
Blackstone Minerals Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Blackstone Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Blackstone Minerals Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Blackstone Minerals Ltd (2016–2025)
The table below shows the annual net assets of Blackstone Minerals Ltd from 2016 to 2025. For live valuation and market cap data, see how much is Blackstone Minerals Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$79.98 Million ≈ $56.59 Million |
+391.92% |
| 2024-06-30 | AU$16.26 Million ≈ $11.50 Million |
-46.50% |
| 2023-06-30 | AU$30.39 Million ≈ $21.50 Million |
-52.15% |
| 2022-06-30 | AU$63.51 Million ≈ $44.94 Million |
+106.82% |
| 2021-06-30 | AU$30.71 Million ≈ $21.73 Million |
+70.29% |
| 2020-06-30 | AU$18.03 Million ≈ $12.76 Million |
+71.68% |
| 2019-06-30 | AU$10.50 Million ≈ $7.43 Million |
-16.59% |
| 2018-06-30 | AU$12.59 Million ≈ $8.91 Million |
+202.62% |
| 2017-06-30 | AU$4.16 Million ≈ $2.94 Million |
-13.60% |
| 2016-06-30 | AU$4.82 Million ≈ $3.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Blackstone Minerals 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 12898223700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$200.23 Million | 237.96% |
| Other Comprehensive Income | AU$13.47 Million | 16.01% |
| Total Equity | AU$84.14 Million | 100.00% |
Blackstone Minerals Ltd Competitors by Market Cap
The table below lists competitors of Blackstone Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yuhan Corp Preferred
KO:000105
|
$58.60 Million |
|
Tropical Canning (Thailand) Public Company Limited
BK:TC
|
$58.63 Million |
|
Bactiguard Holding AB (publ)
ST:BACTI-B
|
$58.63 Million |
|
Mesa Air Group Inc
NASDAQ:MESA
|
$58.63 Million |
|
Essar Shipping Limited
NSE:ESSARSHPNG
|
$58.56 Million |
|
Litemax Electronics
TWO:4995
|
$58.55 Million |
|
Ardiden Ltd
AU:ADV
|
$58.54 Million |
|
Kingfisher PLC
LSE:KGF
|
$58.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blackstone Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,057,494 to 84,142,462, a change of 64,084,968 (319.5%).
- Net loss of 9,724,527 reduced equity.
- Share repurchases of 4,583,930 reduced equity.
- Other comprehensive income increased equity by 5,111,227.
- Other factors increased equity by 73,282,198.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-9.72 Million | -11.56% |
| Share Repurchases | AU$4.58 Million | -5.45% |
| Other Comprehensive Income | AU$5.11 Million | +6.07% |
| Other Changes | AU$73.28 Million | +87.09% |
| Total Change | AU$- | 319.51% |
Book Value vs Market Value Analysis
This analysis compares Blackstone Minerals 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: 0.35x
- 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 increased from 0.19x to 0.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | AU$0.26 | AU$0.05 | x |
| 2017-06-30 | AU$0.22 | AU$0.05 | x |
| 2018-06-30 | AU$0.18 | AU$0.05 | x |
| 2019-06-30 | AU$0.10 | AU$0.05 | x |
| 2020-06-30 | AU$0.09 | AU$0.05 | x |
| 2021-06-30 | AU$0.08 | AU$0.05 | x |
| 2022-06-30 | AU$0.15 | AU$0.05 | x |
| 2023-06-30 | AU$0.07 | AU$0.05 | x |
| 2024-06-30 | AU$0.04 | AU$0.05 | x |
| 2025-06-30 | AU$0.14 | AU$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blackstone Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -811.17%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.99x
- Recent ROE (-11.56%) is above the historical average (-48.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -0.75% | 0.00% | 0.00x | 1.00x | AU$-517.93K |
| 2017 | -20.79% | -4969.84% | 0.00x | 1.04x | AU$-1.28 Million |
| 2018 | -67.01% | -18160.47% | 0.00x | 1.08x | AU$-9.70 Million |
| 2019 | -39.81% | -33878.17% | 0.00x | 1.03x | AU$-5.23 Million |
| 2020 | -43.51% | -17037.53% | 0.00x | 1.60x | AU$-9.71 Million |
| 2021 | -59.21% | -20557.43% | 0.00x | 1.35x | AU$-18.56 Million |
| 2022 | -50.98% | -88966.57% | 0.00x | 1.12x | AU$-38.20 Million |
| 2023 | -102.02% | -10276.34% | 0.01x | 1.17x | AU$-35.30 Million |
| 2024 | -86.41% | -31209.15% | 0.00x | 0.96x | AU$-19.34 Million |
| 2025 | -11.56% | -811.17% | 0.01x | 0.99x | AU$-18.14 Million |
Industry Comparison
This section compares Blackstone Minerals 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: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blackstone Minerals Ltd (BSX) | AU$79.98 Million | -0.75% | 0.05x | $58.58 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About Blackstone Minerals Ltd
Blackstone Minerals Limited engages in the exploration of mineral properties in North America and Vietnam. The company primarily explores for nickel, cobalt, copper, gold, and manganese deposits. The company holds a 90% interest in its flagship project, the Ta Khoa project located in Son La Province, Vietnam. Blackstone Minerals Limited was incorporated in 2016 and is based in West Perth, Austral… Read more