Classic Minerals Ltd (CLZ) - Net Assets

Latest as of December 2024: AU$-21.07 Million AUD ≈ $-14.91 Million USD

Based on the latest financial reports, Classic Minerals Ltd (CLZ) has net assets worth AU$-21.07 Million AUD (≈ $-14.91 Million USD) 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 ≈ $6.16 Million USD) and total liabilities (AU$29.77 Million ≈ $21.06 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 CLZ financial resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore CLZ asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see CLZ market cap overview.

Year	Net Assets	Change
2024-06-30	AU$-14.09 Million ≈ $-9.97 Million	-92.08%
2023-06-30	AU$-7.34 Million ≈ $-5.19 Million	-56.35%
2022-06-30	AU$-4.69 Million ≈ $-3.32 Million	-2878.43%
2021-06-30	AU$168.88K ≈ $119.50K	+107.19%
2020-06-30	AU$-2.35 Million ≈ $-1.66 Million	-481441.87%
2019-06-30	AU$-487.85 ≈ $-345.18	-186.98%
2018-06-30	AU$560.86 ≈ $396.84	+124.69%
2017-06-30	AU$-2.27K ≈ $-1.61K	-472.63%
2016-06-30	AU$609.56 ≈ $431.30	+131.88%
2015-06-30	AU$-1.91K ≈ $-1.35K	-163.36%
2014-06-30	AU$3.02K ≈ $2.14K	-99.86%
2013-06-30	AU$2.17 Million ≈ $1.54 Million	+288.46%
2012-06-30	AU$-1.15 Million ≈ $-816.52K	-65.80%
2011-06-30	AU$-695.99K ≈ $-492.46K	+63.65%
2010-06-30	AU$-1.91 Million ≈ $-1.35 Million	-10.57%
2009-06-30	AU$-1.73 Million ≈ $-1.23 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
Izolacja Jarocin SA WAR:IZO	$3.90 Million
REDSUN PROPERTIES GROUP F:0RJ	$3.90 Million
Arkadia Digital Media Tbk PT JK:DIGI	$3.90 Million
Whitehawk Ltd AU:WHK	$3.90 Million
LKL International Bhd KLSE:0182	$3.90 Million
FP Newspapers Inc V:FP	$3.89 Million
Galmed Pharmaceuticals Ltd NASDAQ:GLMD	$3.89 Million
Pinewood Technologies Group PLC LSE:PINE	$3.89 Million

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: $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
Classic Minerals Ltd (CLZ)	AU$-21.07 Million	0.00%	N/A	$3.90 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 Classic Minerals Ltd

AU:CLZ Australia Other Industrial Metals & Mining

Market Cap

$3.90 Million

AU$5.51 Million AUD

Market Cap Rank

#28797 Global

#1645 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