Brightstar Resources Ltd (BTR) - Net Assets
Based on the latest financial reports, Brightstar Resources Ltd (BTR) has net assets worth AU$146.17 Million AUD (≈ $103.43 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$220.22 Million ≈ $155.82 Million USD) and total liabilities (AU$74.05 Million ≈ $52.39 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 BTR financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$146.17 Million |
| % of Total Assets | 66.38% |
| Annual Growth Rate | 15.74% |
| 5-Year Change | 6163.0% |
| 10-Year Change | N/A |
| Growth Volatility | 164.88 |
Brightstar Resources Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Brightstar Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore BTR total assets for the complete picture of this company's asset base.
Annual Net Assets for Brightstar Resources Ltd (2003–2025)
The table below shows the annual net assets of Brightstar Resources Ltd from 2003 to 2025. For live valuation and market cap data, see Brightstar Resources Ltd (BTR) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$146.17 Million ≈ $103.43 Million |
+111.59% |
| 2024-06-30 | AU$69.08 Million ≈ $48.88 Million |
+106.69% |
| 2023-06-30 | AU$33.42 Million ≈ $23.65 Million |
+618.89% |
| 2022-06-30 | AU$4.65 Million ≈ $3.29 Million |
+99.21% |
| 2021-06-30 | AU$2.33 Million ≈ $1.65 Million |
+104.68% |
| 2020-06-30 | AU$-49.92 Million ≈ $-35.32 Million |
-15.06% |
| 2019-06-30 | AU$-43.39 Million ≈ $-30.70 Million |
-10.31% |
| 2018-06-30 | AU$-39.33 Million ≈ $-27.83 Million |
-12.14% |
| 2017-06-30 | AU$-35.07 Million ≈ $-24.82 Million |
-37.89% |
| 2016-06-30 | AU$-25.44 Million ≈ $-18.00 Million |
-20.95% |
| 2015-06-30 | AU$-21.03 Million ≈ $-14.88 Million |
-32.95% |
| 2014-06-30 | AU$-15.82 Million ≈ $-11.19 Million |
-456.49% |
| 2013-06-30 | AU$-2.84 Million ≈ $-2.01 Million |
-123.80% |
| 2012-06-30 | AU$11.94 Million ≈ $8.45 Million |
+10.60% |
| 2011-06-30 | AU$10.80 Million ≈ $7.64 Million |
-58.96% |
| 2010-06-30 | AU$26.31 Million ≈ $18.61 Million |
+56.33% |
| 2009-06-30 | AU$16.83 Million ≈ $11.91 Million |
-8.87% |
| 2008-06-30 | AU$18.47 Million ≈ $13.07 Million |
+12.64% |
| 2007-06-30 | AU$16.39 Million ≈ $11.60 Million |
+50.48% |
| 2006-06-30 | AU$10.89 Million ≈ $7.71 Million |
+53.23% |
| 2005-06-30 | AU$7.11 Million ≈ $5.03 Million |
+25.61% |
| 2004-06-30 | AU$5.66 Million ≈ $4.01 Million |
-3.49% |
| 2003-06-30 | AU$5.87 Million ≈ $4.15 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Brightstar 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 11943600400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$255.01 Million | 174.46% |
| Other Comprehensive Income | AU$10.69 Million | 7.31% |
| Total Equity | AU$146.17 Million | 100.00% |
Brightstar Resources Ltd Competitors by Market Cap
The table below lists competitors of Brightstar Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yungjin Pharm Co Ltd
KO:003520
|
$217.03 Million |
|
Yg Plus Inc
KO:037270
|
$217.08 Million |
|
Europap Tezol Kagit Sanayi Ve Ticaret AS
IS:TEZOL
|
$217.14 Million |
|
Korea Asset In Trust Co Ltd
KO:123890
|
$217.27 Million |
|
Cantabil Retail India Limited
NSE:CANTABIL
|
$217.02 Million |
|
Nextgreen Global Bhd
KLSE:7241
|
$216.87 Million |
|
Voyager Therapeutics Inc
NASDAQ:VYGR
|
$216.84 Million |
|
Changsha Kaiyuan Instruments
SHE:300338
|
$216.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brightstar Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 69,083,766 to 146,172,000, a change of 77,088,234 (111.6%).
- Net loss of 46,068,000 reduced equity.
- Other comprehensive income increased equity by 1,148,274.
- Other factors increased equity by 122,007,960.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-46.07 Million | -31.52% |
| Other Comprehensive Income | AU$1.15 Million | +0.79% |
| Other Changes | AU$122.01 Million | +83.47% |
| Total Change | AU$- | 111.59% |
Book Value vs Market Value Analysis
This analysis compares Brightstar 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: 0.95x
- 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 2.66x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-06-30 | AU$0.14 | AU$0.38 | x |
| 2004-06-30 | AU$0.19 | AU$0.38 | x |
| 2005-06-30 | AU$0.16 | AU$0.38 | x |
| 2006-06-30 | AU$0.20 | AU$0.38 | x |
| 2007-06-30 | AU$0.22 | AU$0.38 | x |
| 2008-06-30 | AU$0.20 | AU$0.38 | x |
| 2009-06-30 | AU$0.16 | AU$0.38 | x |
| 2010-06-30 | AU$0.14 | AU$0.38 | x |
| 2011-06-30 | AU$0.05 | AU$0.38 | x |
| 2012-06-30 | AU$0.02 | AU$0.38 | x |
| 2013-06-30 | AU$0.00 | AU$0.38 | x |
| 2014-06-30 | AU$-0.02 | AU$0.38 | x |
| 2015-06-30 | AU$-0.03 | AU$0.38 | x |
| 2016-06-30 | AU$-0.04 | AU$0.38 | x |
| 2017-06-30 | AU$-0.05 | AU$0.38 | x |
| 2018-06-30 | AU$-0.05 | AU$0.38 | x |
| 2019-06-30 | AU$-0.05 | AU$0.38 | x |
| 2020-06-30 | AU$-0.06 | AU$0.38 | x |
| 2021-06-30 | AU$0.00 | AU$0.38 | x |
| 2022-06-30 | AU$0.01 | AU$0.38 | x |
| 2023-06-30 | AU$0.04 | AU$0.38 | x |
| 2024-06-30 | AU$0.04 | AU$0.38 | x |
| 2025-06-30 | AU$0.40 | AU$0.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brightstar Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -31.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -137.48%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.51x
- Recent ROE (-31.52%) is below the historical average (97.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -5.61% | 0.00% | 0.00x | 1.04x | AU$-883.48K |
| 2005 | -6.50% | 0.00% | 0.00x | 1.03x | AU$-1.17 Million |
| 2006 | 3.82% | 0.00% | 0.00x | 1.06x | AU$-673.37K |
| 2007 | -2.13% | 0.00% | 0.00x | 1.01x | AU$-1.99 Million |
| 2008 | -4.08% | 0.00% | 0.00x | 1.02x | AU$-2.60 Million |
| 2009 | -25.45% | 0.00% | 0.00x | 1.06x | AU$-5.97 Million |
| 2010 | -22.43% | -222.09% | 0.07x | 1.35x | AU$-8.53 Million |
| 2011 | -156.75% | -87.10% | 0.62x | 2.90x | AU$-18.00 Million |
| 2012 | -103.85% | -113.18% | 0.41x | 2.24x | AU$-13.60 Million |
| 2013 | 0.00% | -1775.22% | 0.04x | 0.00x | AU$-15.44 Million |
| 2014 | 0.00% | -30051.65% | 0.00x | 0.00x | AU$-11.39 Million |
| 2015 | 0.00% | -25739.54% | 0.00x | 0.00x | AU$-3.11 Million |
| 2016 | 0.00% | -75726.32% | 0.00x | 0.00x | AU$-1.86 Million |
| 2017 | 0.00% | -1549710.98% | 0.00x | 0.00x | AU$-7.22 Million |
| 2018 | 0.00% | -3748.20% | 0.01x | 0.00x | AU$-1.22 Million |
| 2019 | 0.00% | -16081.55% | 0.00x | 0.00x | AU$197.66K |
| 2020 | 0.00% | -2124.38% | 0.02x | 0.00x | AU$-1.63 Million |
| 2021 | 2594.46% | 63032.32% | 0.01x | 4.63x | AU$60.32 Million |
| 2022 | -84.96% | -1012820.51% | 0.00x | 3.23x | AU$-4.41 Million |
| 2023 | 5.82% | 21084.60% | 0.00x | 1.18x | AU$-1.40 Million |
| 2024 | -9.25% | -606.45% | 0.01x | 1.59x | AU$-13.30 Million |
| 2025 | -31.52% | -137.48% | 0.15x | 1.51x | AU$-60.69 Million |
Industry Comparison
This section compares Brightstar Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,107,544
- Average return on equity (ROE) among peers: -107.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brightstar Resources Ltd (BTR) | AU$146.17 Million | -5.61% | 0.51x | $217.02 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $3.19 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $59.56 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $5.69 Million |
| Astral Resources NL (AAR) | $11.28 Million | 49.48% | 0.09x | $197.52 Million |
| Antilles Gold Ltd (AAU) | $4.86 Million | 10.22% | 0.16x | $28.68 Million |
| Adelong Gold Ltd (ADG) | $2.90 Million | -71.05% | 0.15x | $11.32 Million |
| Ardiden Ltd (ADV) | $1.30 Million | -752.46% | 0.85x | $58.54 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $33.34 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $17.91 Million |
| Alkane Resources Ltd (ALK) | $303.00K | -0.66% | 2.68x | $1.39 Billion |
About Brightstar Resources Ltd
Brightstar Resources Limited, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Australia. It holds 100% interest in the Laverton, Sandstone, and Menzies hubs located in Western Australia. The company was formerly known as Stone Resources Australia Limited and changed its name to Brightstar Resources Limited in December 2020. Brightstar Reso… Read more