Classic Minerals Ltd

AU:CLZ Australia Other Industrial Metals & Mining
Market Cap
$3.41 Million
AU$5.51 Million AUD
Market Cap Rank
#36344 Global
#1395 in Australia
Share Price
AU$0.00
Change (1 day)
+0.00%
52-Week Range
AU$0.00 - AU$0.00
All Time High
AU$137.22
Categories
Companies in Australia Other Industrial Metals & Mining
About

Classic Minerals Limited engages in the exploration of mineral resource projects in Australia. The company primarily explores for gold and nickel deposits. Its flagship project is the Kat Gap gold project located in Western Australia. The company was formerly known as Broad Resources Limited and changed its name to Classic Minerals Limited in 2007. Classic Minerals Limited was incorporated in 200… Read more

Classic Minerals Ltd (CLZ) - Net Assets

Latest net assets as of December 2024: AU$-21.07 Million AUD

Based on the latest financial reports, Classic Minerals Ltd (CLZ) has net assets worth AU$-21.07 Million AUD as of December 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$8.70 Million) and total liabilities (AU$29.77 Million). 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$-21.07 Million
% of Total Assets -242.13%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility 1066.81

Classic Minerals Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Classic Minerals 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 Classic Minerals Ltd (2009–2024)

The table below shows the annual net assets of Classic Minerals Ltd from 2009 to 2024.

Year Net Assets Change
2024-06-30 AU$-14.09 Million -92.08%
2023-06-30 AU$-7.34 Million -56.35%
2022-06-30 AU$-4.69 Million -2878.43%
2021-06-30 AU$168.88K +107.19%
2020-06-30 AU$-2.35 Million -481441.87%
2019-06-30 AU$-487.85 -186.98%
2018-06-30 AU$560.86 +124.69%
2017-06-30 AU$-2.27K -472.63%
2016-06-30 AU$609.56 +131.88%
2015-06-30 AU$-1.91K -163.36%
2014-06-30 AU$3.02K -99.86%
2013-06-30 AU$2.17 Million +288.46%
2012-06-30 AU$-1.15 Million -65.80%
2011-06-30 AU$-695.99K +63.65%
2010-06-30 AU$-1.91 Million -10.57%
2009-06-30 AU$-1.73 Million --

Equity Component Analysis

This analysis shows how different components contribute to Classic 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 10081031500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$87.37 Million %
Other Comprehensive Income AU$1.08 Million %
Total Equity AU$-14.09 Million 100.00%

Classic Minerals Ltd Competitors by Market Cap

The table below lists competitors of Classic Minerals Ltd ranked by their market capitalization.

Company Market Cap
Adamant DRI Processing and Minerals Group
PINK:ADMG
 		$872.61K
Realites
PA:ALREA
 		$872.68K
Red Metal Resources Ltd
PINK:RMESF
 		$873.32K
TurnOnGreen, Inc
PINK:TOGI
 		$874.15K
JM SMUCKER - Dusseldorf Stock Exchang
DU:JM2
 		$872.11K
Box Pak (Malaysia) Bhd
KLSE:6297
 		$872.08K
Click Holdings Limited
NASDAQ:CLIK
 		$871.85K
CROSSWORD CYBERSEC. -005
F:9N4
 		$870.62K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Classic Minerals Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from -7,336,369 to -14,091,494, a change of -6,755,125.
  • Net loss of 13,354,439 reduced equity.
  • Share repurchases of 148,333 reduced equity.
  • New share issuances of 3,166,850 increased equity.
  • Other comprehensive income decreased equity by 1,513,736.
  • Other factors increased equity by 5,094,533.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-13.35 Million -94.77%
Share Repurchases AU$148.33K -1.05%
Share Issuances AU$3.17 Million +22.47%
Other Comprehensive Income AU$-1.51 Million -10.74%
Other Changes AU$5.09 Million +36.15%
Total Change AU$- %

Book Value vs Market Value Analysis

This analysis compares Classic 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

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-06-30 AU$-186.33 AU$0.00 x
2010-06-30 AU$-206.03 AU$0.00 x
2011-06-30 AU$-74.88 AU$0.00 x
2012-06-30 AU$-124.16 AU$0.00 x
2013-06-30 AU$1.78 AU$0.00 x
2014-06-30 AU$2.21 AU$0.00 x
2015-06-30 AU$-1.05 AU$0.00 x
2016-06-30 AU$0.25 AU$0.00 x
2017-06-30 AU$-0.95 AU$0.00 x
2018-06-30 AU$0.09 AU$0.00 x
2019-06-30 AU$0.00 AU$0.00 x
2020-06-30 AU$-2.71 AU$0.00 x
2021-06-30 AU$0.08 AU$0.00 x
2022-06-30 AU$0.00 AU$0.00 x
2023-06-30 AU$-0.18 AU$0.00 x
2024-06-30 AU$-0.05 AU$0.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Classic 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): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1351.26%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-537.42%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 0.00% -1535.92% 0.24x 0.00x AU$-364.39K
2010 0.00% 0.00% 0.00x 0.00x AU$8.38K
2011 0.00% 0.00% 0.00x 0.00x AU$-561.13K
2012 0.00% -13440.93% 0.04x 0.00x AU$-959.88K
2013 -147.46% -7023469.12% 0.00x 1.35x AU$-3.42 Million
2014 -102.80% -6205.00% 0.01x 1.78x AU$-3.40K
2015 0.00% -42734.56% 0.02x 0.00x AU$-5.72K
2016 440.53% 164395.07% 0.00x 7.48x AU$2.28K
2017 0.00% -1014.71% 0.22x 0.00x AU$-3.22K
2018 -668.72% -1209.86% 0.08x 6.84x AU$-3.81K
2019 0.00% -560.20% 0.40x 0.00x AU$-5.39K
2020 0.00% -9840116.25% 0.00x 0.00x AU$-15.51 Million
2021 -8120.33% -5714138.33% 0.00x 64.19x AU$-13.73 Million
2022 0.00% -3878.60% 0.04x 0.00x AU$-13.69 Million
2023 0.00% -28910.82% 0.01x 0.00x AU$-22.91 Million
2024 0.00% -1351.26% 0.11x 0.00x AU$-11.95 Million

Industry Comparison

This section compares Classic 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: $2,995,611
  • Average return on equity (ROE) among peers: -21.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Classic Minerals Ltd (CLZ) AU$-21.07 Million 0.00% N/A $872.27K
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.10K
Morella Corporation Ltd (1MC) $5.43 Million -6.71% 0.57x $2.93 Million
6K Additive Inc (6KA) $-21.36 Million 0.00% 0.00x $24.91 Million
Atlantic Lithium Ltd (A11) $789.39K -143.95% 0.47x $71.83 Million
African Gold Ltd (A1G) $6.42 Million -11.14% 0.01x $170.41 Million
Albright Metals Ltd (ABR) $5.61 Million 0.47% 0.11x $1.11 Million
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $4.38 Million -14.12% 0.03x $211.71K
Acdc Metals Ltd (ADC) $10.13 Million -6.86% 0.04x $1.02 Million
Admiralty Resources NL (ADY) $10.81 Million -14.31% 1.16x $5.70 Million