Elevate Uranium Ltd (EL8) - Net Assets
Based on the latest financial reports, Elevate Uranium Ltd (EL8) has net assets worth AU$23.89 Million AUD (≈ $16.90 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$25.46 Million ≈ $18.01 Million USD) and total liabilities (AU$1.57 Million ≈ $1.11 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 EL8 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$23.89 Million |
| % of Total Assets | 93.82% |
| Annual Growth Rate | 12.08% |
| 5-Year Change | 150.72% |
| 10-Year Change | N/A |
| Growth Volatility | 173.17 |
Elevate Uranium Ltd - Net Assets Trend (1988–2024)
This chart illustrates how Elevate Uranium Ltd's net assets have evolved over time, based on quarterly financial data. Also explore EL8 total assets for the complete picture of this company's asset base.
Annual Net Assets for Elevate Uranium Ltd (1988–2024)
The table below shows the annual net assets of Elevate Uranium Ltd from 1988 to 2024. For live valuation and market cap data, see how much is Elevate Uranium Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$23.89 Million ≈ $16.90 Million |
+102.79% |
| 2023-12-31 | AU$11.78 Million ≈ $8.33 Million |
+2.26% |
| 2022-12-31 | AU$11.52 Million ≈ $8.15 Million |
-37.71% |
| 2021-12-31 | AU$18.49 Million ≈ $13.08 Million |
+94.11% |
| 2020-12-31 | AU$9.53 Million ≈ $6.74 Million |
+142.77% |
| 2019-12-31 | AU$3.92 Million ≈ $2.78 Million |
+679.01% |
| 2018-12-31 | AU$503.75K ≈ $356.44K |
+141.73% |
| 2017-12-31 | AU$-1.21 Million ≈ $-854.22K |
+19.75% |
| 2016-12-31 | AU$-1.50 Million ≈ $-1.06 Million |
+24.50% |
| 2015-12-31 | AU$-1.99 Million ≈ $-1.41 Million |
-10.04% |
| 2014-12-31 | AU$-1.81 Million ≈ $-1.28 Million |
+3.69% |
| 2013-12-31 | AU$-1.88 Million ≈ $-1.33 Million |
-14.77% |
| 2012-12-31 | AU$-1.64 Million ≈ $-1.16 Million |
-250.79% |
| 2011-12-31 | AU$1.09 Million ≈ $768.70K |
-19.28% |
| 2010-12-31 | AU$1.35 Million ≈ $952.28K |
-44.75% |
| 2009-12-31 | AU$2.44 Million ≈ $1.72 Million |
-74.25% |
| 2008-12-31 | AU$9.46 Million ≈ $6.69 Million |
+360.44% |
| 2007-12-31 | AU$2.05 Million ≈ $1.45 Million |
-40.06% |
| 2006-12-31 | AU$3.43 Million ≈ $2.43 Million |
+31.57% |
| 2005-12-31 | AU$2.60 Million ≈ $1.84 Million |
+75.67% |
| 2004-12-31 | AU$1.48 Million ≈ $1.05 Million |
-26.79% |
| 2003-12-31 | AU$2.03 Million ≈ $1.43 Million |
-53.83% |
| 2002-12-31 | AU$4.39 Million ≈ $3.10 Million |
+97.67% |
| 2001-12-31 | AU$2.22 Million ≈ $1.57 Million |
+11.54% |
| 2000-12-31 | AU$1.99 Million ≈ $1.41 Million |
+22.75% |
| 1999-12-31 | AU$1.62 Million ≈ $1.15 Million |
+70.65% |
| 1998-12-31 | AU$949.85K ≈ $672.08K |
+1.22% |
| 1997-12-31 | AU$938.43K ≈ $664.00K |
+308.31% |
| 1996-12-31 | AU$229.84K ≈ $162.62K |
-14.27% |
| 1995-12-31 | AU$268.09K ≈ $189.69K |
+439.36% |
| 1994-12-31 | AU$-79.00K ≈ $-55.90K |
-122.97% |
| 1993-12-31 | AU$344.00K ≈ $243.40K |
+81.05% |
| 1992-12-31 | AU$190.00K ≈ $134.44K |
-52.26% |
| 1991-12-31 | AU$398.00K ≈ $281.61K |
+318.95% |
| 1990-12-31 | AU$95.00K ≈ $67.22K |
-79.79% |
| 1989-12-31 | AU$470.00K ≈ $332.55K |
+19.29% |
| 1988-12-31 | AU$394.00K ≈ $278.78K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Elevate Uranium 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 9240711000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$111.39 Million | 466.34% |
| Other Comprehensive Income | AU$9.61 Million | 40.22% |
| Total Equity | AU$23.89 Million | 100.00% |
Elevate Uranium Ltd Competitors by Market Cap
The table below lists competitors of Elevate Uranium Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tasco Bhd
KLSE:5140
|
$87.37 Million |
|
Poalim Ibi
TA:PIU
|
$87.37 Million |
|
Hancom WITH Inc
KQ:054920
|
$87.38 Million |
|
NPC Co. Ltd
KO:004250
|
$87.54 Million |
|
Apetit Oyj
HE:APETIT
|
$87.37 Million |
|
INLIF LIMITED Ordinary Shares
NASDAQ:INLF
|
$87.32 Million |
|
Nusa Raya Cipta Tbk
JK:NRCA
|
$87.27 Million |
|
Coya Therapeutics, Inc. Common Stock
NASDAQ:COYA
|
$87.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elevate Uranium Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,778,718 to 23,885,643, a change of 12,106,925 (102.8%).
- Net loss of 12,324,340 reduced equity.
- Other comprehensive income increased equity by 4,972,181.
- Other factors increased equity by 19,459,084.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-12.32 Million | -51.6% |
| Other Comprehensive Income | AU$4.97 Million | +20.82% |
| Other Changes | AU$19.46 Million | +81.47% |
| Total Change | AU$- | 102.79% |
Book Value vs Market Value Analysis
This analysis compares Elevate Uranium 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: 3.92x
- 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 0.04x to 3.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | AU$6.88 | AU$0.27 | x |
| 1989-12-31 | AU$8.21 | AU$0.27 | x |
| 1990-12-31 | AU$1.66 | AU$0.27 | x |
| 1991-12-31 | AU$6.95 | AU$0.27 | x |
| 1992-12-31 | AU$1.66 | AU$0.27 | x |
| 1993-12-31 | AU$2.71 | AU$0.27 | x |
| 1994-12-31 | AU$-0.48 | AU$0.27 | x |
| 1995-12-31 | AU$1.31 | AU$0.27 | x |
| 1996-12-31 | AU$1.14 | AU$0.27 | x |
| 1997-12-31 | AU$5.94 | AU$0.27 | x |
| 1998-12-31 | AU$4.69 | AU$0.27 | x |
| 1999-12-31 | AU$4.23 | AU$0.27 | x |
| 2000-12-31 | AU$4.67 | AU$0.27 | x |
| 2001-12-31 | AU$4.11 | AU$0.27 | x |
| 2002-12-31 | AU$5.81 | AU$0.27 | x |
| 2003-12-31 | AU$1.95 | AU$0.27 | x |
| 2004-12-31 | AU$1.37 | AU$0.27 | x |
| 2005-12-31 | AU$1.41 | AU$0.27 | x |
| 2006-12-31 | AU$1.65 | AU$0.27 | x |
| 2007-12-31 | AU$0.76 | AU$0.27 | x |
| 2008-12-31 | AU$2.78 | AU$0.27 | x |
| 2009-12-31 | AU$0.55 | AU$0.27 | x |
| 2010-12-31 | AU$0.32 | AU$0.27 | x |
| 2011-12-31 | AU$0.22 | AU$0.27 | x |
| 2012-12-31 | AU$-0.21 | AU$0.27 | x |
| 2013-12-31 | AU$-0.19 | AU$0.27 | x |
| 2014-12-31 | AU$-0.13 | AU$0.27 | x |
| 2015-12-31 | AU$-0.11 | AU$0.27 | x |
| 2016-12-31 | AU$-0.05 | AU$0.27 | x |
| 2017-12-31 | AU$-0.03 | AU$0.27 | x |
| 2018-12-31 | AU$0.01 | AU$0.27 | x |
| 2019-12-31 | AU$0.04 | AU$0.27 | x |
| 2020-12-31 | AU$0.05 | AU$0.27 | x |
| 2021-12-31 | AU$0.07 | AU$0.27 | x |
| 2022-12-31 | AU$0.04 | AU$0.27 | x |
| 2023-12-31 | AU$0.04 | AU$0.27 | x |
| 2024-12-31 | AU$0.07 | AU$0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elevate Uranium Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -51.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1603.69%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.07x
- Recent ROE (-51.60%) is above the historical average (-103.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | -300.25% | 0.00% | 0.00x | 1.08x | AU$-1.22 Million |
| 1989 | -177.87% | 0.00% | 0.00x | 1.03x | AU$-883.00K |
| 1990 | -453.68% | 0.00% | 0.00x | 1.34x | AU$-440.50K |
| 1991 | -79.40% | 0.00% | 0.00x | 1.07x | AU$-355.80K |
| 1992 | -109.47% | 0.00% | 0.00x | 1.07x | AU$-227.00K |
| 1993 | -170.64% | 0.00% | 0.00x | 1.15x | AU$-621.40K |
| 1994 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-519.10K |
| 1995 | -72.80% | 0.00% | 0.00x | 1.06x | AU$-221.98K |
| 1996 | -16.65% | 0.00% | 0.00x | 1.02x | AU$-61.24K |
| 1997 | -10.93% | 0.00% | 0.00x | 1.02x | AU$-196.40K |
| 1998 | -158.83% | 0.00% | 0.00x | 1.79x | AU$-1.60 Million |
| 1999 | -18.45% | 0.00% | 0.00x | 1.27x | AU$-461.12K |
| 2000 | -45.66% | -493717.93% | 0.00x | 1.67x | AU$-1.11 Million |
| 2001 | -31.38% | -45.60% | 0.48x | 1.42x | AU$-918.26K |
| 2002 | -18.40% | -49.82% | 0.26x | 1.41x | AU$-1.25 Million |
| 2003 | -100.50% | -18306.38% | 0.01x | 1.08x | AU$-2.24 Million |
| 2004 | -60.49% | -3541.41% | 0.02x | 1.08x | AU$-1.05 Million |
| 2005 | -32.28% | -2841.66% | 0.01x | 1.05x | AU$-1.10 Million |
| 2006 | -46.15% | 0.00% | 0.00x | 1.08x | AU$-1.92 Million |
| 2007 | -246.54% | -33765.59% | 0.01x | 1.32x | AU$-5.27 Million |
| 2008 | -72.69% | 0.00% | 0.00x | 1.14x | AU$-7.89 Million |
| 2009 | -371.08% | 0.00% | 0.00x | 1.13x | AU$-9.91 Million |
| 2010 | -350.42% | -113454.69% | 0.00x | 2.43x | AU$-5.45 Million |
| 2011 | -325.66% | 0.00% | 0.00x | 2.96x | AU$-3.65 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-2.56 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.25 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.05 Million |
| 2015 | 0.00% | -1102.31% | 0.22x | 0.00x | AU$-1.26 Million |
| 2016 | 0.00% | -5085.56% | 0.06x | 0.00x | AU$-1.54 Million |
| 2017 | 0.00% | -2637.92% | 0.05x | 0.00x | AU$-1.12 Million |
| 2018 | -257.44% | -7071215.92% | 0.00x | 1.59x | AU$-1.35 Million |
| 2019 | -42.27% | -7467829.81% | 0.00x | 1.11x | AU$-2.05 Million |
| 2020 | -27.33% | -2228.10% | 0.01x | 1.05x | AU$-3.56 Million |
| 2021 | -30.98% | -4788.03% | 0.01x | 1.05x | AU$-7.58 Million |
| 2022 | -74.97% | -2700.88% | 0.03x | 1.09x | AU$-9.79 Million |
| 2023 | -91.28% | -5907733.52% | 0.00x | 1.13x | AU$-11.93 Million |
| 2024 | -51.60% | -1603.69% | 0.03x | 1.07x | AU$-14.71 Million |
Industry Comparison
This section compares Elevate Uranium Ltd's net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $23,456,720
- Average return on equity (ROE) among peers: -5241.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elevate Uranium Ltd (EL8) | AU$23.89 Million | -300.25% | 0.07x | $87.37 Million |
| Aurora Energy Metals Ltd (1AE) | $7.09 Million | -26.98% | 0.04x | $8.49 Million |
| Adavale Resources Ltd (ADD) | $86.00K | 0.00% | 0.20x | $10.71 Million |
| Aura Energy Ltd (AEE) | $13.84 Million | -11.75% | 0.05x | $97.38 Million |
| Alligator Energy Ltd (AGE) | $60.46 Million | 9.15% | 0.73x | $135.00 Million |
| American Uranium Ltd (AMU) | $22.99 Million | -7.58% | 0.02x | $7.58 Million |
| Berkeley Energia Ltd (BKY) | $21.99 Million | -64.78% | 0.09x | $135.79 Million |
| Bannerman Energy Ltd (BMN) | $59.97 Million | -18.26% | 0.02x | $612.74 Million |
| Boss Energy Ltd (BOE) | $11.58K | -52301.58% | 1.41x | $418.56 Million |
| Basin Energy Ltd (BSN) | $209.00K | 0.00% | 0.06x | $4.74 Million |
| Deep Yellow Ltd (DYL) | $47.92 Million | 6.00% | 0.03x | $1.25 Billion |
About Elevate Uranium Ltd
Elevate Uranium Ltd engages in the exploration and evaluation of uranium deposits in Namibia and Australia. Its flagship project is the 100% owned Koppies project located in the Namib Desert region, Namibia. The company was formerly known as Marenica Energy Limited and changed its name to Elevate Uranium Ltd in May 2021. Elevate Uranium Ltd was incorporated in 1978 and is based in West Perth, Aus… Read more