Canyon Resources Ltd (CAY) - Net Assets
Based on the latest financial reports, Canyon Resources Ltd (CAY) has net assets worth AU$45.06 Million AUD (≈ $31.88 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$51.56 Million ≈ $36.48 Million USD) and total liabilities (AU$6.50 Million ≈ $4.60 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 how resilient are Canyon Resources Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$45.06 Million |
| % of Total Assets | 87.39% |
| Annual Growth Rate | 18.63% |
| 5-Year Change | 135.4% |
| 10-Year Change | 4031154.55% |
| Growth Volatility | 31422.48 |
Canyon Resources Ltd - Net Assets Trend (2010–2025)
This chart illustrates how Canyon Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore CAY current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Canyon Resources Ltd (2010–2025)
The table below shows the annual net assets of Canyon Resources Ltd from 2010 to 2025. For live valuation and market cap data, see market value of Canyon Resources Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$45.06 Million ≈ $31.88 Million |
+2.72% |
| 2024-06-30 | AU$43.87 Million ≈ $31.04 Million |
+52.11% |
| 2023-06-30 | AU$28.84 Million ≈ $20.41 Million |
+41.35% |
| 2022-06-30 | AU$20.40 Million ≈ $14.44 Million |
+6.59% |
| 2021-06-30 | AU$19.14 Million ≈ $13.54 Million |
+47.51% |
| 2020-06-30 | AU$12.98 Million ≈ $9.18 Million |
+126001.21% |
| 2019-06-30 | AU$10.29K ≈ $7.28K |
+211.51% |
| 2018-06-30 | AU$3.30K ≈ $2.34K |
+6.14% |
| 2017-06-30 | AU$3.11K ≈ $2.20K |
+178.44% |
| 2016-06-30 | AU$1.12K ≈ $790.89 |
-69.01% |
| 2015-06-30 | AU$3.61K ≈ $2.55K |
-45.61% |
| 2014-06-30 | AU$6.63K ≈ $4.69K |
-99.91% |
| 2013-06-30 | AU$7.74 Million ≈ $5.47 Million |
-7.82% |
| 2012-06-30 | AU$8.39 Million ≈ $5.94 Million |
+29.00% |
| 2011-06-30 | AU$6.51 Million ≈ $4.60 Million |
+87.35% |
| 2010-06-30 | AU$3.47 Million ≈ $2.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Canyon 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 9608530400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$132.97 Million | 295.09% |
| Other Comprehensive Income | AU$8.69 Million | 19.28% |
| Total Equity | AU$45.06 Million | 100.00% |
Canyon Resources Ltd Competitors by Market Cap
The table below lists competitors of Canyon Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Midnight Sun Mining Corp
V:MMA
|
$182.45 Million |
|
Helix Acquisition Corp. II Class A Ordinary Shares
NASDAQ:HLXB
|
$182.47 Million |
|
Al-Bad Massuot Yitzhak Ltd
TA:ALBA
|
$182.58 Million |
|
Mark Dynamics Indonesia Tbk PT
JK:MARK
|
$182.59 Million |
|
ReposiTrak
NASDAQ:TRAK
|
$182.34 Million |
|
Sammok S-Form Co.Ltd
KQ:018310
|
$182.27 Million |
|
AMA Group Ltd
AU:AMA
|
$182.26 Million |
|
PKP Cargo S.A.
WAR:PKP
|
$182.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canyon Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 43,869,004 to 45,060,154, a change of 1,191,150 (2.7%).
- Net loss of 20,183,870 reduced equity.
- Share repurchases of 18,601,640 reduced equity.
- Other comprehensive income increased equity by 1,797,205.
- Other factors increased equity by 38,179,455.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-20.18 Million | -44.79% |
| Share Repurchases | AU$18.60 Million | -41.28% |
| Other Comprehensive Income | AU$1.80 Million | +3.99% |
| Other Changes | AU$38.18 Million | +84.73% |
| Total Change | AU$- | 2.72% |
Book Value vs Market Value Analysis
This analysis compares Canyon 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: 3.95x
- 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 0.28x to 3.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-06-30 | AU$0.45 | AU$0.13 | x |
| 2011-06-30 | AU$0.20 | AU$0.13 | x |
| 2012-06-30 | AU$0.17 | AU$0.13 | x |
| 2013-06-30 | AU$0.12 | AU$0.13 | x |
| 2014-06-30 | AU$0.00 | AU$0.13 | x |
| 2015-06-30 | AU$0.00 | AU$0.13 | x |
| 2016-06-30 | AU$0.00 | AU$0.13 | x |
| 2017-06-30 | AU$0.00 | AU$0.13 | x |
| 2018-06-30 | AU$0.00 | AU$0.13 | x |
| 2019-06-30 | AU$0.00 | AU$0.13 | x |
| 2020-06-30 | AU$0.03 | AU$0.13 | x |
| 2021-06-30 | AU$0.03 | AU$0.13 | x |
| 2022-06-30 | AU$0.03 | AU$0.13 | x |
| 2023-06-30 | AU$0.03 | AU$0.13 | x |
| 2024-06-30 | AU$0.04 | AU$0.13 | x |
| 2025-06-30 | AU$0.03 | AU$0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canyon Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -44.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4727.23%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.14x
- Recent ROE (-44.79%) is above the historical average (-52403.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -14.68% | 0.00% | 0.00x | 1.06x | AU$-857.11K |
| 2011 | -41.49% | 0.00% | 0.00x | 1.10x | AU$-3.35 Million |
| 2012 | -56.29% | 0.00% | 0.00x | 1.06x | AU$-5.56 Million |
| 2013 | -33.16% | -852.31% | 0.04x | 1.07x | AU$-3.34 Million |
| 2014 | -39623.93% | -38811373.71% | 0.00x | 1.05x | AU$-2.63 Million |
| 2015 | -120242.63% | -380421315.79% | 0.00x | 1.15x | AU$-4.34 Million |
| 2016 | -392720.24% | -14243.05% | 18.37x | 1.50x | AU$-4.39 Million |
| 2017 | -114630.61% | -41197.00% | 2.53x | 1.10x | AU$-3.57 Million |
| 2018 | -90569.72% | -21711.69% | 3.86x | 1.08x | AU$-2.99 Million |
| 2019 | -80284.12% | -14211.66% | 5.17x | 1.09x | AU$-8.26 Million |
| 2020 | -65.66% | -58041.66% | 0.00x | 1.12x | AU$-9.82 Million |
| 2021 | -24.82% | -70078.20% | 0.00x | 1.06x | AU$-6.67 Million |
| 2022 | -62.61% | -360887.32% | 0.00x | 1.06x | AU$-14.82 Million |
| 2023 | -17.29% | -2928.88% | 0.01x | 1.03x | AU$-7.87 Million |
| 2024 | -21.74% | -1559.01% | 0.01x | 1.02x | AU$-13.93 Million |
| 2025 | -44.79% | -4727.23% | 0.01x | 1.14x | AU$-24.69 Million |
Industry Comparison
This section compares Canyon 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: $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 |
|---|---|---|---|---|
| Canyon Resources Ltd (CAY) | AU$45.06 Million | -14.68% | 0.14x | $182.38 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 Canyon Resources Ltd
Canyon Resources Limited, together with its subsidiaries, engages in the expedition and development of mineral properties in West Africa. The company mines for bauxite, alumina, and silica. Its flagship property is the 100% owned Minim Martap Bauxite project located in central Cameroon. The company was formerly known as Castlemaine Resources Limited and changed its name to Canyon Resources Limite… Read more