Cassius Mining Ltd
Cassius Mining Limited engages in the mining and exploration of mineral properties in Australia and Africa. The company operates through two segments: Industrial Minerals Development and Mining Exploration. Its flagship project owned 100% interests in the Soalara limestone project located in the south-west of Madagascar; and the Chenene Lithium project located in Tanzania. The company was formerl… Read more
Cassius Mining Ltd (CMD) - Net Assets
Latest net assets as of December 2025: AU$2.08 Million AUD
Based on the latest financial reports, Cassius Mining Ltd (CMD) has net assets worth AU$2.08 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.77 Million) and total liabilities (AU$685.20K). 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$2.08 Million |
| % of Total Assets | 75.23% |
| Annual Growth Rate | -4.73% |
| 5-Year Change | 40.73% |
| 10-Year Change | -65.8% |
| Growth Volatility | 102.43 |
Cassius Mining Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Cassius Mining 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 Cassius Mining Ltd (2006–2025)
The table below shows the annual net assets of Cassius Mining Ltd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.45 Million | -50.11% |
| 2024-06-30 | AU$2.90 Million | -5.11% |
| 2023-06-30 | AU$3.06 Million | +229.57% |
| 2022-06-30 | AU$927.46K | -9.79% |
| 2021-06-30 | AU$1.03 Million | +4.53% |
| 2020-06-30 | AU$983.62K | -91.41% |
| 2019-06-30 | AU$11.46 Million | -3.54% |
| 2018-06-30 | AU$11.88 Million | +3.16% |
| 2017-06-30 | AU$11.51 Million | +172.12% |
| 2016-06-30 | AU$4.23 Million | -2.43% |
| 2015-06-30 | AU$4.34 Million | +332.09% |
| 2014-06-30 | AU$1.00 Million | +12.60% |
| 2013-06-30 | AU$891.17K | -85.60% |
| 2012-06-30 | AU$6.19 Million | +60.83% |
| 2011-06-30 | AU$3.85 Million | +26.29% |
| 2010-06-30 | AU$3.05 Million | -30.37% |
| 2009-06-30 | AU$4.38 Million | +23.24% |
| 2008-06-30 | AU$3.55 Million | +14.83% |
| 2007-06-30 | AU$3.09 Million | -14.94% |
| 2006-06-30 | AU$3.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cassius Mining 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 5018062400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$51.59 Million | 3565.45% |
| Other Comprehensive Income | AU$154.96K | 10.71% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$1.45 Million | 100.00% |
Cassius Mining Ltd Competitors by Market Cap
The table below lists competitors of Cassius Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALSAF
PINK:ALSAF
|
$5.46 Million |
|
Portage Fintech Acquisition Corp
NASDAQ:PFTA
|
$5.46 Million |
|
Asian Battery Metals Plc
AU:AZ9
|
$5.46 Million |
|
First Niles Financial Inc
PINK:FNFI
|
$5.47 Million |
|
AECI Ltd
JSE:AFE
|
$5.45 Million |
|
Norben Tea & Exports Limited
NSE:NORBTEAEXP
|
$5.45 Million |
|
Tisdale Clean Energy Corp.
OTCQB:TCEFF
|
$5.45 Million |
|
Wise Group AB
ST:WISE
|
$5.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cassius Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,900,348 to 1,446,932, a change of -1,453,416 (-50.1%).
- Net loss of 2,961,733 reduced equity.
- Share repurchases of 1,508,320 reduced equity.
- Other comprehensive income decreased equity by 1.
- Other factors increased equity by 3,016,638.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.96 Million | -204.69% |
| Share Repurchases | AU$1.51 Million | -104.24% |
| Other Comprehensive Income | AU$-1.00 | -0.0% |
| Other Changes | AU$3.02 Million | +208.49% |
| Total Change | AU$- | -50.11% |
Book Value vs Market Value Analysis
This analysis compares Cassius Mining 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: 10.23x
- 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 0.01x to 10.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | AU$2.99 | AU$0.03 | x |
| 2007-06-30 | AU$0.91 | AU$0.03 | x |
| 2008-06-30 | AU$1.08 | AU$0.03 | x |
| 2009-06-30 | AU$0.99 | AU$0.03 | x |
| 2010-06-30 | AU$0.29 | AU$0.03 | x |
| 2011-06-30 | AU$0.12 | AU$0.03 | x |
| 2012-06-30 | AU$0.12 | AU$0.03 | x |
| 2013-06-30 | AU$0.02 | AU$0.03 | x |
| 2014-06-30 | AU$0.01 | AU$0.03 | x |
| 2015-06-30 | AU$0.04 | AU$0.03 | x |
| 2016-06-30 | AU$0.02 | AU$0.03 | x |
| 2017-06-30 | AU$0.06 | AU$0.03 | x |
| 2018-06-30 | AU$0.05 | AU$0.03 | x |
| 2019-06-30 | AU$0.04 | AU$0.03 | x |
| 2020-06-30 | AU$0.00 | AU$0.03 | x |
| 2021-06-30 | AU$0.00 | AU$0.03 | x |
| 2022-06-30 | AU$0.00 | AU$0.03 | x |
| 2023-06-30 | AU$0.01 | AU$0.03 | x |
| 2024-06-30 | AU$0.01 | AU$0.03 | x |
| 2025-06-30 | AU$0.00 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cassius Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -204.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2874.83%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.29x
- Recent ROE (-204.69%) is above the historical average (-218.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -68.61% | -2619.75% | 0.02x | 1.08x | AU$-2.43 Million |
| 2008 | -114.85% | -14428.72% | 0.01x | 1.06x | AU$-4.43 Million |
| 2009 | -1.61% | -13.79% | 0.09x | 1.29x | AU$-508.27K |
| 2010 | -178.69% | -58327.09% | 0.00x | 1.57x | AU$-5.75 Million |
| 2011 | -230.25% | -426.47% | 0.29x | 1.86x | AU$-9.25 Million |
| 2012 | -146.05% | -305.44% | 0.33x | 1.46x | AU$-9.66 Million |
| 2013 | -767.87% | -376.40% | 0.29x | 7.06x | AU$-6.93 Million |
| 2014 | -132.30% | -107.93% | 1.17x | 1.05x | AU$-1.43 Million |
| 2015 | -3.65% | -1355.02% | 0.00x | 1.02x | AU$-591.96K |
| 2016 | -7.69% | -759.30% | 0.01x | 1.01x | AU$-748.55K |
| 2017 | -7.89% | -2966.36% | 0.00x | 1.07x | AU$-2.06 Million |
| 2018 | -5.21% | -3455.95% | 0.00x | 1.01x | AU$-1.81 Million |
| 2019 | -3.63% | -10190.47% | 0.00x | 1.00x | AU$-1.56 Million |
| 2020 | -2139.60% | -28344.09% | 0.07x | 1.04x | AU$-21.14 Million |
| 2021 | -22.41% | -221.54% | 0.09x | 1.13x | AU$-333.26K |
| 2022 | -39.03% | -3290909.09% | 0.00x | 1.64x | AU$-454.75K |
| 2023 | -25.64% | -29910.69% | 0.00x | 1.14x | AU$-1.09 Million |
| 2024 | -51.96% | -14901.61% | 0.00x | 1.04x | AU$-1.80 Million |
| 2025 | -204.69% | -2874.83% | 0.06x | 1.29x | AU$-3.11 Million |
Industry Comparison
This section compares Cassius Mining 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 |
|---|---|---|---|---|
| Cassius Mining Ltd (CMD) | AU$2.08 Million | -68.61% | 0.33x | $5.45 Million |
| 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 |