Corazon Mining Ltd (CZN) - Net Assets
Based on the latest financial reports, Corazon Mining Ltd (CZN) has net assets worth AU$15.51 Million AUD (≈ $10.97 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$15.66 Million ≈ $11.08 Million USD) and total liabilities (AU$155.01K ≈ $109.68K 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 Corazon Mining Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$15.51 Million |
| % of Total Assets | 99.01% |
| Annual Growth Rate | 6.51% |
| 5-Year Change | 125.55% |
| 10-Year Change | 750.7% |
| Growth Volatility | 61.49 |
Corazon Mining Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Corazon Mining Ltd's net assets have evolved over time, based on quarterly financial data. Also explore CZN total asset value for the complete picture of this company's asset base.
Annual Net Assets for Corazon Mining Ltd (2005–2025)
The table below shows the annual net assets of Corazon Mining Ltd from 2005 to 2025. For live valuation and market cap data, see Corazon Mining Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$15.51 Million ≈ $10.97 Million |
+0.95% |
| 2024-06-30 | AU$15.36 Million ≈ $10.87 Million |
-10.91% |
| 2023-06-30 | AU$17.24 Million ≈ $12.20 Million |
-3.89% |
| 2022-06-30 | AU$17.94 Million ≈ $12.69 Million |
+160.92% |
| 2021-06-30 | AU$6.87 Million ≈ $4.86 Million |
+68.01% |
| 2020-06-30 | AU$4.09 Million ≈ $2.90 Million |
+32.10% |
| 2019-06-30 | AU$3.10 Million ≈ $2.19 Million |
-40.27% |
| 2018-06-30 | AU$5.19 Million ≈ $3.67 Million |
+143.05% |
| 2017-06-30 | AU$2.13 Million ≈ $1.51 Million |
+17.07% |
| 2016-06-30 | AU$1.82 Million ≈ $1.29 Million |
-22.54% |
| 2015-06-30 | AU$2.35 Million ≈ $1.66 Million |
+13.89% |
| 2014-06-30 | AU$2.07 Million ≈ $1.46 Million |
+45.44% |
| 2013-06-30 | AU$1.42 Million ≈ $1.01 Million |
-8.56% |
| 2012-06-30 | AU$1.55 Million ≈ $1.10 Million |
-52.05% |
| 2011-06-30 | AU$3.24 Million ≈ $2.29 Million |
+116.42% |
| 2010-06-30 | AU$1.50 Million ≈ $1.06 Million |
-75.42% |
| 2009-06-30 | AU$6.09 Million ≈ $4.31 Million |
-44.27% |
| 2008-06-30 | AU$10.93 Million ≈ $7.73 Million |
+12.43% |
| 2007-06-30 | AU$9.72 Million ≈ $6.88 Million |
+46.75% |
| 2006-06-30 | AU$6.62 Million ≈ $4.69 Million |
+50.76% |
| 2005-06-30 | AU$4.39 Million ≈ $3.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Corazon 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 4332240400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$58.72 Million | 378.69% |
| Other Comprehensive Income | AU$256.24K | 1.65% |
| Total Equity | AU$15.51 Million | 100.00% |
Corazon Mining Ltd Competitors by Market Cap
The table below lists competitors of Corazon Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PURE ENERGY MINLS
F:AHG
|
$7.70 Million |
|
Infimer Ltd
TA:INFR
|
$7.70 Million |
|
Star Minerals Ltd
AU:SMS
|
$7.72 Million |
|
Encres Dubuit SA
PA:ALDUB
|
$7.72 Million |
|
Fatfish Group Ltd
AU:FFG
|
$7.69 Million |
|
Imperial Pacific Ltd
AU:IPC
|
$7.69 Million |
|
Galilee Energy Ltd
AU:GLL
|
$7.69 Million |
|
JATCORP LTD.
F:3J2
|
$7.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Corazon Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,359,101 to 15,505,064, a change of 145,963 (1.0%).
- Net loss of 1,019,390 reduced equity.
- Share repurchases of 176,914 reduced equity.
- New share issuances of 1,550,000 increased equity.
- Other comprehensive income decreased equity by 157,344.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.02 Million | -6.57% |
| Share Repurchases | AU$176.91K | -1.14% |
| Share Issuances | AU$1.55 Million | +10.0% |
| Other Comprehensive Income | AU$-157.34K | -1.01% |
| Other Changes | AU$-50.39K | -0.32% |
| Total Change | AU$- | 0.95% |
Book Value vs Market Value Analysis
This analysis compares Corazon 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: 0.19x
- 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.
- The price-to-book ratio has increased from 0.00x to 0.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$1070.03 | AU$0.16 | x |
| 2006-06-30 | AU$206.34 | AU$0.16 | x |
| 2007-06-30 | AU$219.71 | AU$0.16 | x |
| 2008-06-30 | AU$195.21 | AU$0.16 | x |
| 2009-06-30 | AU$98.53 | AU$0.16 | x |
| 2010-06-30 | AU$24.21 | AU$0.16 | x |
| 2011-06-30 | AU$36.31 | AU$0.16 | x |
| 2012-06-30 | AU$11.38 | AU$0.16 | x |
| 2013-06-30 | AU$7.43 | AU$0.16 | x |
| 2014-06-30 | AU$4.96 | AU$0.16 | x |
| 2015-06-30 | AU$5.13 | AU$0.16 | x |
| 2016-06-30 | AU$3.68 | AU$0.16 | x |
| 2017-06-30 | AU$2.46 | AU$0.16 | x |
| 2018-06-30 | AU$4.18 | AU$0.16 | x |
| 2019-06-30 | AU$2.15 | AU$0.16 | x |
| 2020-06-30 | AU$1.81 | AU$0.16 | x |
| 2021-06-30 | AU$1.78 | AU$0.16 | x |
| 2022-06-30 | AU$1.49 | AU$0.16 | x |
| 2023-06-30 | AU$1.41 | AU$0.16 | x |
| 2024-06-30 | AU$1.25 | AU$0.16 | x |
| 2025-06-30 | AU$0.83 | AU$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Corazon Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -359.38%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.01x
- Recent ROE (-6.57%) is above the historical average (-86.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -3.31% | 0.00% | 0.00x | 1.05x | AU$-584.72K |
| 2006 | -43.16% | -17579.78% | 0.00x | 1.02x | AU$-3.52 Million |
| 2007 | -3.95% | -3696.22% | 0.00x | 1.01x | AU$-1.36 Million |
| 2008 | -20.42% | -1770.63% | 0.01x | 1.01x | AU$-3.32 Million |
| 2009 | -76.74% | 0.00% | 0.00x | 1.01x | AU$-5.28 Million |
| 2010 | -292.13% | -1891.04% | 0.14x | 1.14x | AU$-4.52 Million |
| 2011 | -102.17% | -30833.72% | 0.00x | 1.06x | AU$-3.63 Million |
| 2012 | -369.15% | -19116.67% | 0.02x | 1.10x | AU$-5.89 Million |
| 2013 | -247.52% | 0.00% | 0.00x | 1.46x | AU$-3.66 Million |
| 2014 | -111.38% | 0.00% | 0.00x | 1.14x | AU$-2.51 Million |
| 2015 | 3.70% | 6.17% | 0.57x | 1.05x | AU$-148.25K |
| 2016 | -53.15% | -4777.15% | 0.01x | 1.10x | AU$-1.15 Million |
| 2017 | -294.22% | -326979.17% | 0.00x | 1.30x | AU$-6.49 Million |
| 2018 | -39.84% | -86806.13% | 0.00x | 1.10x | AU$-2.58 Million |
| 2019 | -75.96% | -163402.78% | 0.00x | 1.21x | AU$-2.66 Million |
| 2020 | -43.45% | -7386.79% | 0.01x | 1.14x | AU$-2.19 Million |
| 2021 | -12.07% | -3829.83% | 0.00x | 1.02x | AU$-1.52 Million |
| 2022 | -8.75% | -15227.93% | 0.00x | 1.04x | AU$-3.36 Million |
| 2023 | -3.90% | -311.66% | 0.01x | 1.04x | AU$-2.40 Million |
| 2024 | -17.42% | -1132.37% | 0.02x | 1.01x | AU$-4.21 Million |
| 2025 | -6.57% | -359.38% | 0.02x | 1.01x | AU$-2.57 Million |
Industry Comparison
This section compares Corazon 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: $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 |
|---|---|---|---|---|
| Corazon Mining Ltd (CZN) | AU$15.51 Million | -3.31% | 0.01x | $7.69 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 Corazon Mining Ltd
Corazon Mining Limited engages in the exploration of mineral resources and development of mining activities in Australia and Canada. The company primarily explores for nickel, cobalt, copper, gold, lithium, and base and precious metal deposits. Its flagship projects include the 100% owned Lynn Lake Nickel-Copper-Cobalt Sulphide project located in Manitoba, Canada; the Miriam Nickel Sulphide and L… Read more