Coolabah Metals Ltd
Coolabah Metals Limited engages in the mineral exploration business in Australia. It primarily explores for gold, copper, lead, lithium, fluorite, and zinc deposits. The company was incorporated in 2021 and is based in Perth, Australia.
Coolabah Metals Ltd (CBH) - Net Assets
Latest net assets as of June 2024: AU$6.60 Million AUD
Based on the latest financial reports, Coolabah Metals Ltd (CBH) has net assets worth AU$6.60 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$7.01 Million) and total liabilities (AU$414.75K). 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$6.60 Million |
| % of Total Assets | 94.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Coolabah Metals Ltd - Net Assets Trend (2021–2023)
This chart illustrates how Coolabah Metals 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 Coolabah Metals Ltd (2021–2023)
The table below shows the annual net assets of Coolabah Metals Ltd from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | AU$6.60 Million | +26.24% |
| 2022-12-31 | AU$5.23 Million | +48399.41% |
| 2021-12-31 | AU$-10.82K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Coolabah Metals 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 468872900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$11.48 Million | 174.11% |
| Other Comprehensive Income | AU$469.98K | 7.13% |
| Total Equity | AU$6.60 Million | 100.00% |
Coolabah Metals Ltd Competitors by Market Cap
The table below lists competitors of Coolabah Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DCT TRADING DIS TICARET
IS:DCTTR
|
$3.99 Million |
|
BELIEVE S.A. EO -01
F:8T6
|
$3.99 Million |
|
Omer Constr & Engineering 1986
TA:OMCN
|
$3.99 Million |
|
CLABO S.P.A.
F:7UP
|
$3.99 Million |
|
Lohilo Foods AB
ST:LOHILO
|
$3.98 Million |
|
Raketech Group Holding
ST:RAKE
|
$3.98 Million |
|
Professional Diversity Network Inc
NASDAQ:IPDN
|
$3.98 Million |
|
Burstone Group Limited
JSE:BTN
|
$3.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Coolabah Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,225,030 to 6,595,981, a change of 1,370,951 (26.2%).
- Net loss of 2,070,517 reduced equity.
- Other comprehensive income increased equity by 388,500.
- Other factors increased equity by 3,052,968.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.07 Million | -31.39% |
| Other Comprehensive Income | AU$388.50K | +5.89% |
| Other Changes | AU$3.05 Million | +46.29% |
| Total Change | AU$- | 26.24% |
Book Value vs Market Value Analysis
This analysis compares Coolabah Metals 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: 0.85x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | AU$0.00 | AU$0.07 | x |
| 2022-12-31 | AU$0.08 | AU$0.07 | x |
| 2023-12-31 | AU$0.08 | AU$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Coolabah Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -31.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-31.39%) is below the historical average (-27.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-668.36K |
| 2022 | -50.11% | -5139.80% | 0.01x | 1.06x | AU$-3.14 Million |
| 2023 | -31.39% | 0.00% | 0.00x | 1.06x | AU$-2.73 Million |
Industry Comparison
This section compares Coolabah Metals Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $113,835,527
- Average return on equity (ROE) among peers: -62.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Coolabah Metals Ltd (CBH) | AU$6.60 Million | 0.00% | 0.06x | $3.99 Million |
| 29METALS Ltd (29M) | $769.54 Million | 15.73% | 0.71x | $171.73 Million |
| Aic Mines Ltd (A1M) | $8.72 Million | -78.07% | 0.14x | $147.29 Million |
| Australian Critical Minerals Ltd (ACM) | $-14.00K | 0.00% | 0.00x | $1.43 Million |
| Alvo Minerals Ltd (ALV) | $3.02 Million | -198.12% | 0.08x | $2.34 Million |
| Alicanto Minerals Ltd (AQI) | $4.78 Million | -147.27% | 0.13x | $43.93 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $2.21 Million |
| Altitude Minerals Ltd (ATT) | $4.14 Million | -122.29% | 0.15x | $2.59 Million |
| Avira Resources Ltd (AVW) | $7.03 Million | -32.56% | 0.54x | $1.27 Million |
| Antipa Minerals Ltd (AZY) | $98.25 Million | -5.44% | 0.06x | $209.72 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $10.17 Million |