Capricorn Metals Ltd (CMM) - Net Assets
Based on the latest financial reports, Capricorn Metals Ltd (CMM) has net assets worth AU$1.26 Billion AUD (≈ $894.23 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.61 Billion ≈ $1.14 Billion USD) and total liabilities (AU$344.40 Million ≈ $243.69 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 CMM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.26 Billion |
| % of Total Assets | 78.58% |
| Annual Growth Rate | 26.98% |
| 5-Year Change | 498.81% |
| 10-Year Change | 3265.75% |
| Growth Volatility | 98.99 |
Capricorn Metals Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Capricorn Metals Ltd's net assets have evolved over time, based on quarterly financial data. See Capricorn Metals Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Capricorn Metals Ltd (2007–2025)
The table below shows the annual net assets of Capricorn Metals Ltd from 2007 to 2025. For live valuation and market cap data, see Capricorn Metals Ltd (CMM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$781.21 Million ≈ $552.76 Million |
+152.60% |
| 2024-06-30 | AU$309.26 Million ≈ $218.82 Million |
+20.55% |
| 2023-06-30 | AU$256.54 Million ≈ $181.52 Million |
+3.64% |
| 2022-06-30 | AU$247.53 Million ≈ $175.15 Million |
+89.74% |
| 2021-06-30 | AU$130.46 Million ≈ $92.31 Million |
+21.67% |
| 2020-06-30 | AU$107.23 Million ≈ $75.87 Million |
+350.21% |
| 2019-06-30 | AU$23.82 Million ≈ $16.85 Million |
-33.81% |
| 2018-06-30 | AU$35.98 Million ≈ $25.46 Million |
+19.52% |
| 2017-06-30 | AU$30.11 Million ≈ $21.30 Million |
+29.71% |
| 2016-06-30 | AU$23.21 Million ≈ $16.42 Million |
+239.73% |
| 2015-06-30 | AU$6.83 Million ≈ $4.83 Million |
-7.36% |
| 2014-06-30 | AU$7.38 Million ≈ $5.22 Million |
+3.58% |
| 2013-06-30 | AU$7.12 Million ≈ $5.04 Million |
-28.61% |
| 2012-06-30 | AU$9.97 Million ≈ $7.06 Million |
+34.67% |
| 2011-06-30 | AU$7.41 Million ≈ $5.24 Million |
+17.66% |
| 2010-06-30 | AU$6.29 Million ≈ $4.45 Million |
-18.10% |
| 2009-06-30 | AU$7.69 Million ≈ $5.44 Million |
-24.90% |
| 2008-06-30 | AU$10.24 Million ≈ $7.24 Million |
-3.46% |
| 2007-06-30 | AU$10.60 Million ≈ $7.50 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Capricorn 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 grown by 29773670700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$297.30 Million | 38.06% |
| Common Stock | AU$546.94 Million | 70.01% |
| Other Comprehensive Income | AU$-63.03 Million | -8.07% |
| Total Equity | AU$781.21 Million | 100.00% |
Capricorn Metals Ltd Competitors by Market Cap
The table below lists competitors of Capricorn Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NCsoft Corp
KO:036570
|
$4.46 Billion |
|
Mirion Technologies Inc
NYSE:MIR
|
$4.46 Billion |
|
Companhia de Saneamento de Minas Gerais
SA:CSMG3
|
$4.46 Billion |
|
Cia de Distribucion Integral
MC:LOG
|
$4.47 Billion |
|
Indofood Cbp Sukses Makmur Tbk
JK:ICBP
|
$4.46 Billion |
|
Guangdong Kingshine Electronic Tech
SHE:300903
|
$4.46 Billion |
|
Pampa Energia SA ADR
NYSE:PAM
|
$4.46 Billion |
|
BIDVEST SP.ADR/2 RC-05
F:NQL
|
$4.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Capricorn Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 309,265,000 to 781,209,000, a change of 471,944,000 (152.6%).
- Net income of 150,277,000 contributed positively to equity growth.
- Share repurchases of 143,372,000 reduced equity.
- Other comprehensive income decreased equity by 27,240,000.
- Other factors increased equity by 492,279,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$150.28 Million | +19.24% |
| Share Repurchases | AU$143.37 Million | -18.35% |
| Other Comprehensive Income | AU$-27.24 Million | -3.49% |
| Other Changes | AU$492.28 Million | +63.02% |
| Total Change | AU$- | 152.60% |
Book Value vs Market Value Analysis
This analysis compares Capricorn 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: 7.19x
- 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 decreased from 11.80x to 7.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | AU$1.17 | AU$13.80 | x |
| 2008-06-30 | AU$1.13 | AU$13.80 | x |
| 2009-06-30 | AU$0.85 | AU$13.80 | x |
| 2010-06-30 | AU$0.32 | AU$13.80 | x |
| 2011-06-30 | AU$0.27 | AU$13.80 | x |
| 2012-06-30 | AU$0.31 | AU$13.80 | x |
| 2013-06-30 | AU$0.22 | AU$13.80 | x |
| 2014-06-30 | AU$0.23 | AU$13.80 | x |
| 2015-06-30 | AU$0.21 | AU$13.80 | x |
| 2016-06-30 | AU$0.41 | AU$13.80 | x |
| 2017-06-30 | AU$0.29 | AU$13.80 | x |
| 2018-06-30 | AU$0.26 | AU$13.80 | x |
| 2019-06-30 | AU$0.07 | AU$13.80 | x |
| 2020-06-30 | AU$0.29 | AU$13.80 | x |
| 2021-06-30 | AU$0.38 | AU$13.80 | x |
| 2022-06-30 | AU$0.66 | AU$13.80 | x |
| 2023-06-30 | AU$0.68 | AU$13.80 | x |
| 2024-06-30 | AU$0.82 | AU$13.80 | x |
| 2025-06-30 | AU$1.92 | AU$13.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Capricorn Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.03%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.33x
- Recent ROE (19.24%) is above the historical average (-10.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -7.01% | -220.20% | 0.02x | 1.64x | AU$-1.74 Million |
| 2009 | -29.78% | -523.00% | 0.05x | 1.17x | AU$-3.06 Million |
| 2010 | -25.20% | -840.98% | 0.02x | 1.21x | AU$-2.22 Million |
| 2011 | -24.84% | -504.26% | 0.04x | 1.14x | AU$-2.58 Million |
| 2012 | 27.25% | 997.87% | 0.02x | 1.14x | AU$1.72 Million |
| 2013 | -45.82% | -1818.10% | 0.02x | 1.12x | AU$-3.97 Million |
| 2014 | 3.12% | 12.55% | 0.21x | 1.16x | AU$-507.76K |
| 2015 | -8.82% | -120.85% | 0.07x | 1.11x | AU$-1.29 Million |
| 2016 | -15.94% | -1491.69% | 0.01x | 1.10x | AU$-6.02 Million |
| 2017 | -10.94% | -1740.48% | 0.01x | 1.06x | AU$-6.30 Million |
| 2018 | -8.67% | -1674.58% | 0.00x | 1.04x | AU$-6.72 Million |
| 2019 | -100.00% | -14904.99% | 0.01x | 1.10x | AU$-26.20 Million |
| 2020 | -18.79% | -14710.66% | 0.00x | 1.30x | AU$-27.50 Million |
| 2021 | -3.65% | -4331.82% | 0.00x | 2.30x | AU$-17.81 Million |
| 2022 | 36.15% | 31.18% | 0.59x | 1.98x | AU$64.73 Million |
| 2023 | 1.71% | 1.37% | 0.54x | 2.31x | AU$-21.25 Million |
| 2024 | 28.18% | 24.22% | 0.58x | 2.02x | AU$56.21 Million |
| 2025 | 19.24% | 29.03% | 0.50x | 1.33x | AU$72.16 Million |
Industry Comparison
This section compares Capricorn Metals Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,668,054
- Average return on equity (ROE) among peers: -17.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Capricorn Metals Ltd (CMM) | AU$1.26 Billion | -7.01% | 0.27x | $4.46 Billion |
| Australasian Metals Ltd (A8G) | $7.13 Million | -4.71% | 0.03x | $4.06 Million |
| Ariana Resources Plc (AA2) | $28.53 Million | 13.52% | 0.07x | $61.22 Million |
| Aruma Resources Ltd (AAJ) | $3.29 Million | -92.67% | 0.06x | $6.23 Million |
| Astral Resources NL (AAR) | $4.84 Million | -26.93% | 0.09x | $172.04 Million |
| Antilles Gold Ltd (AAU) | $13.60 Million | -30.40% | 1.14x | $27.84 Million |
| Adelong Gold Ltd (ADG) | $5.99 Million | -12.99% | 0.07x | $9.43 Million |
| Ardiden Ltd (ADV) | $5.19 Million | -11.16% | 0.05x | $53.22 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $28.58 Million |
| Ark Mines Ltd (AHK) | $-3.79 Million | 0.00% | 0.00x | $16.89 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $1.49 Billion |
About Capricorn Metals Ltd
Capricorn Metals Ltd, together with its subsidiaries, explores, develops, evaluates, and produces gold in Australia. It operates through the Karlawinda Gold Project and the Mt Gibson Gold Project segments. The company holds 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia; and the Mt Gibson Gold Project located in the Murchison region of Western Aust… Read more