Desoto Resources Ltd (DES) - Net Assets
Based on the latest financial reports, Desoto Resources Ltd (DES) has net assets worth AU$13.20 Million AUD (≈ $9.34 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$14.09 Million ≈ $9.97 Million USD) and total liabilities (AU$890.78K ≈ $630.28K 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 DES cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$13.20 Million |
| % of Total Assets | 93.68% |
| Annual Growth Rate | 147.67% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 496.54 |
Desoto Resources Ltd - Net Assets Trend (2022–2025)
This chart illustrates how Desoto Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Desoto Resources Ltd for the complete picture of this company's asset base.
Annual Net Assets for Desoto Resources Ltd (2022–2025)
The table below shows the annual net assets of Desoto Resources Ltd from 2022 to 2025. For live valuation and market cap data, see market cap of Desoto Resources Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$13.20 Million ≈ $9.34 Million |
+45.96% |
| 2024-06-30 | AU$9.04 Million ≈ $6.40 Million |
-10.96% |
| 2023-06-30 | AU$10.15 Million ≈ $7.18 Million |
+1069.68% |
| 2022-06-30 | AU$868.04K ≈ $614.19K |
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Equity Component Analysis
This analysis shows how different components contribute to Desoto Resources 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 606249800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$17.64 Million | 133.64% |
| Other Comprehensive Income | AU$1.78 Million | 13.47% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$13.20 Million | 100.00% |
Desoto Resources Ltd Competitors by Market Cap
The table below lists competitors of Desoto Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanyuan Co Ltd
TWO:4416
|
$27.45 Million |
|
BORUTA-ZACHEM S.A. ZY-10
F:WO4
|
$27.47 Million |
|
GWR Group Ltd
AU:GWR
|
$27.48 Million |
|
Falcon Power Co Ltd
TW:1516
|
$27.48 Million |
|
Bio Planet SA
WAR:BIP
|
$27.41 Million |
|
Finbond Group Ltd
JSE:FGL
|
$27.41 Million |
|
Beam Global
NASDAQ:BEEM
|
$27.40 Million |
|
Hudson Acquisition I Corp. Common Stock
NASDAQ:HUDA
|
$27.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Desoto Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,040,919 to 13,196,072, a change of 4,155,153 (46.0%).
- Net loss of 2,908,104 reduced equity.
- Share repurchases of 4,786,590 reduced equity.
- Other comprehensive income increased equity by 842,571.
- Other factors increased equity by 11,007,276.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.91 Million | -22.04% |
| Share Repurchases | AU$4.79 Million | -36.27% |
| Other Comprehensive Income | AU$842.57K | +6.39% |
| Other Changes | AU$11.01 Million | +83.41% |
| Total Change | AU$- | 45.96% |
Book Value vs Market Value Analysis
This analysis compares Desoto Resources 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: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 16.15x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | AU$0.01 | AU$0.14 | x |
| 2023-06-30 | AU$0.11 | AU$0.14 | x |
| 2024-06-30 | AU$0.10 | AU$0.14 | x |
| 2025-06-30 | AU$0.12 | AU$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Desoto Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -22.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -232462.35%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-22.04%) is below the historical average (-18.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -17.81% | 0.00% | 0.00x | 1.41x | AU$-241.41K |
| 2023 | -14.38% | 0.00% | 0.00x | 1.04x | AU$-2.48 Million |
| 2024 | -18.74% | -159389.56% | 0.00x | 1.06x | AU$-2.60 Million |
| 2025 | -22.04% | -232462.35% | 0.00x | 1.07x | AU$-4.23 Million |
Industry Comparison
This section compares Desoto Resources 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 |
|---|---|---|---|---|
| Desoto Resources Ltd (DES) | AU$13.20 Million | -17.81% | 0.07x | $27.42 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 Desoto Resources Ltd
DeSoto Resources Limited, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Guinea and the Northern Territory, Australia. The company explores for gold, lithium, rare earth, and other base metal deposits. The company was incorporated in 2022 and is based in Daglish, Australia.