De Grey Mining Ltd (DEG) - Net Assets
Based on the latest financial reports, De Grey Mining Ltd (DEG) has net assets worth AU$1.28 Billion 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$1.32 Billion) and total liabilities (AU$33.89 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$1.28 Billion |
| % of Total Assets | 97.42% |
| Annual Growth Rate | 28.98% |
| 5-Year Change | 1596.02% |
| 10-Year Change | 453356.33% |
| Growth Volatility | 201.8 |
De Grey Mining Ltd - Net Assets Trend (2001–2024)
This chart illustrates how De Grey 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 De Grey Mining Ltd (2001–2024)
The table below shows the annual net assets of De Grey Mining Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$1.28 Billion | +206.68% |
| 2023-06-30 | AU$416.06 Million | +44.39% |
| 2022-06-30 | AU$288.14 Million | +64.05% |
| 2021-06-30 | AU$175.64 Million | +133.46% |
| 2020-06-30 | AU$75.23 Million | +283.57% |
| 2019-06-30 | AU$19.61 Million | +104.38% |
| 2018-06-30 | AU$9.60 Million | +715.94% |
| 2017-06-30 | AU$1.18 Million | +9.44% |
| 2016-06-30 | AU$1.07 Million | +281.93% |
| 2015-06-30 | AU$281.38K | -53.35% |
| 2014-06-30 | AU$603.24K | +630.94% |
| 2013-06-30 | AU$82.53K | -96.39% |
| 2012-06-30 | AU$2.29 Million | +70.44% |
| 2011-06-30 | AU$1.34 Million | -37.24% |
| 2010-06-30 | AU$2.14 Million | -23.27% |
| 2009-06-30 | AU$2.79 Million | -53.00% |
| 2008-06-30 | AU$5.93 Million | -14.08% |
| 2007-06-30 | AU$6.90 Million | +73.07% |
| 2006-06-30 | AU$3.99 Million | -61.84% |
| 2005-06-30 | AU$10.44 Million | -3.95% |
| 2004-06-30 | AU$10.87 Million | +39.68% |
| 2003-06-30 | AU$7.78 Million | +3.56% |
| 2002-06-30 | AU$7.52 Million | +105.36% |
| 2001-06-30 | AU$3.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to De Grey 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 10835550000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$1.38 Billion | 107.96% |
| Other Comprehensive Income | AU$6.82 Million | 0.53% |
| Total Equity | AU$1.28 Billion | 100.00% |
De Grey Mining Ltd Competitors by Market Cap
The table below lists competitors of De Grey Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ATLANTIC UNION BANKS.DL 2
F:UIO
|
$4.19 Billion |
|
Ondas Holdings Inc.
NASDAQ:ONDS
|
$4.19 Billion |
|
Anhui Great Wall Military Industry Co Ltd
SHG:601606
|
$4.19 Billion |
|
Xiamen Faratronic Co Ltd
SHG:600563
|
$4.19 Billion |
|
Crinetics Pharmaceuticals Inc
NASDAQ:CRNX
|
$4.18 Billion |
|
Cavco Industries Inc
NASDAQ:CVCO
|
$4.18 Billion |
|
Shenzhen Sunlord Electronics Co Ltd
SHE:002138
|
$4.18 Billion |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
$4.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in De Grey Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 416,056,939 to 1,275,953,563, a change of 859,896,624 (206.7%).
- Net loss of 17,219,717 reduced equity.
- Share repurchases of 26,054,994 reduced equity.
- New share issuances of 900,579,113 increased equity.
- Other comprehensive income increased equity by 2,705,875.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-17.22 Million | -1.35% |
| Share Repurchases | AU$26.05 Million | -2.04% |
| Share Issuances | AU$900.58 Million | +70.58% |
| Other Comprehensive Income | AU$2.71 Million | +0.21% |
| Other Changes | AU$-113.65K | -0.01% |
| Total Change | AU$- | 206.68% |
Book Value vs Market Value Analysis
This analysis compares De Grey 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: 3.55x
- 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 2.84x to 3.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-06-30 | AU$0.86 | AU$2.46 | x |
| 2002-06-30 | AU$1.78 | AU$2.46 | x |
| 2003-06-30 | AU$1.84 | AU$2.46 | x |
| 2004-06-30 | AU$2.57 | AU$2.46 | x |
| 2005-06-30 | AU$1.94 | AU$2.46 | x |
| 2006-06-30 | AU$0.45 | AU$2.46 | x |
| 2007-06-30 | AU$0.61 | AU$2.46 | x |
| 2008-06-30 | AU$0.45 | AU$2.46 | x |
| 2009-06-30 | AU$0.20 | AU$2.46 | x |
| 2010-06-30 | AU$0.15 | AU$2.46 | x |
| 2011-06-30 | AU$0.08 | AU$2.46 | x |
| 2012-06-30 | AU$0.15 | AU$2.46 | x |
| 2013-06-30 | AU$0.00 | AU$2.46 | x |
| 2014-06-30 | AU$0.02 | AU$2.46 | x |
| 2015-06-30 | AU$0.01 | AU$2.46 | x |
| 2016-06-30 | AU$0.01 | AU$2.46 | x |
| 2017-06-30 | AU$0.01 | AU$2.46 | x |
| 2018-06-30 | AU$0.03 | AU$2.46 | x |
| 2019-06-30 | AU$0.04 | AU$2.46 | x |
| 2020-06-30 | AU$0.08 | AU$2.46 | x |
| 2021-06-30 | AU$0.14 | AU$2.46 | x |
| 2022-06-30 | AU$0.21 | AU$2.46 | x |
| 2023-06-30 | AU$0.27 | AU$2.46 | x |
| 2024-06-30 | AU$0.69 | AU$2.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently De Grey Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -73017.50%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-1.35%) is above the historical average (-278.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -9.20% | -675.18% | 0.01x | 1.02x | AU$-1.49 Million |
| 2004 | -32.01% | 0.00% | 0.00x | 1.06x | AU$-4.57 Million |
| 2005 | -78.76% | -5340.81% | 0.01x | 1.10x | AU$-9.27 Million |
| 2006 | -327.02% | -3367.45% | 0.08x | 1.27x | AU$-13.43 Million |
| 2007 | -88.39% | -513.14% | 0.15x | 1.14x | AU$-6.79 Million |
| 2008 | -40.86% | -5577.19% | 0.01x | 1.08x | AU$-3.01 Million |
| 2009 | -93.37% | -849.82% | 0.10x | 1.11x | AU$-2.88 Million |
| 2010 | -30.33% | -4035.43% | 0.01x | 1.23x | AU$-861.80K |
| 2011 | -171.39% | -53539.50% | 0.00x | 1.18x | AU$-2.43 Million |
| 2012 | -69.13% | -18050.90% | 0.00x | 1.12x | AU$-1.81 Million |
| 2013 | -4591.61% | -9453.67% | 0.11x | 4.54x | AU$-3.80 Million |
| 2014 | -22.27% | -24.95% | 0.75x | 1.19x | AU$-194.68K |
| 2015 | -167.66% | -114.94% | 1.11x | 1.31x | AU$-499.91K |
| 2016 | -73.76% | -3556.27% | 0.02x | 1.18x | AU$-900.13K |
| 2017 | -273.68% | -10451.64% | 0.01x | 1.87x | AU$-3.34 Million |
| 2018 | -25.81% | -2428.29% | 0.00x | 2.54x | AU$-3.44 Million |
| 2019 | -10.24% | -171.54% | 0.03x | 1.71x | AU$-3.97 Million |
| 2020 | -5.28% | -33442.69% | 0.00x | 1.06x | AU$-11.50 Million |
| 2021 | -2.99% | -14685.66% | 0.00x | 1.29x | AU$-22.81 Million |
| 2022 | -3.66% | -33099.96% | 0.00x | 1.08x | AU$-39.35 Million |
| 2023 | -4.57% | -71167.28% | 0.00x | 1.07x | AU$-60.61 Million |
| 2024 | -1.35% | -73017.50% | 0.00x | 1.03x | AU$-144.82 Million |
Industry Comparison
This section compares De Grey Mining Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $24,481,971
- Average return on equity (ROE) among peers: -183.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| De Grey Mining Ltd (DEG) | AU$1.28 Billion | -9.20% | 0.03x | $4.19 Billion |
| Australasian Metals Ltd (A8G) | $7.13 Million | -4.71% | 0.03x | $2.79 Million |
| Aruma Resources Ltd (AAJ) | $2.25 Million | -50.04% | 0.07x | $8.79 Million |
| Astral Resources NL (AAR) | $588.33K | -62.34% | 0.51x | $235.76 Million |
| Antilles Gold Ltd (AAU) | $21.74 Million | -31.75% | 1.85x | $30.89 Million |
| Adelong Gold Ltd (ADG) | $10.46 Million | -19.33% | 0.07x | $9.43 Million |
| Ardiden Ltd (ADV) | $44.20K | -1635.56% | 19.20x | $51.70 Million |
| Ark Mines Ltd (AHK) | $5.02 Million | -9.90% | 0.02x | $18.17 Million |
| Aureka Ltd (AKA) | $8.93 Million | -9.70% | 0.08x | $12.25 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $1.39 Billion |
| Alchemy Resources Ltd (ALY) | $14.44 Million | -3.66% | 0.01x | $6.73 Million |
About De Grey Mining Ltd
De Grey Mining Limited engages in the exploration of mineral properties in Australia. The company primarily holds 100% interest in the Hemi Gold project covering an area of approximately 1,500 square kilometers located in the Pilbara region of Western Australia. De Grey Mining Limited was incorporated in 2000 and is headquartered in West Perth, Australia. As of May 5, 2025, De Grey Mining Limited… Read more