Enova Mining Ltd (ENV) - Net Assets
Based on the latest financial reports, Enova Mining Ltd (ENV) has net assets worth AU$10.49 Million AUD (≈ $7.42 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$10.88 Million ≈ $7.70 Million USD) and total liabilities (AU$384.62K ≈ $272.15K 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 ENV financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$10.49 Million |
| % of Total Assets | 96.46% |
| Annual Growth Rate | 6.89% |
| 5-Year Change | 152.95% |
| 10-Year Change | 235.26% |
| Growth Volatility | 72.99 |
Enova Mining Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Enova Mining Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Enova Mining Ltd for the complete picture of this company's asset base.
Annual Net Assets for Enova Mining Ltd (2006–2025)
The table below shows the annual net assets of Enova Mining Ltd from 2006 to 2025. For live valuation and market cap data, see Enova Mining Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$10.49 Million ≈ $7.42 Million |
+10.43% |
| 2024-12-31 | AU$9.50 Million ≈ $6.72 Million |
+59.92% |
| 2023-12-31 | AU$5.94 Million ≈ $4.20 Million |
+23.02% |
| 2022-12-31 | AU$4.83 Million ≈ $3.42 Million |
+16.43% |
| 2021-12-31 | AU$4.15 Million ≈ $2.93 Million |
-3.96% |
| 2020-12-31 | AU$4.32 Million ≈ $3.06 Million |
+252.45% |
| 2019-12-31 | AU$1.23 Million ≈ $866.98K |
-55.62% |
| 2018-12-31 | AU$2.76 Million ≈ $1.95 Million |
-12.33% |
| 2017-12-31 | AU$3.15 Million ≈ $2.23 Million |
+0.63% |
| 2016-12-31 | AU$3.13 Million ≈ $2.21 Million |
-7.13% |
| 2015-12-31 | AU$3.37 Million ≈ $2.38 Million |
-33.73% |
| 2014-12-31 | AU$5.08 Million ≈ $3.60 Million |
-14.65% |
| 2013-12-31 | AU$5.96 Million ≈ $4.22 Million |
-6.80% |
| 2012-12-31 | AU$6.39 Million ≈ $4.52 Million |
-8.65% |
| 2011-12-31 | AU$7.00 Million ≈ $4.95 Million |
+20.57% |
| 2010-12-31 | AU$5.80 Million ≈ $4.11 Million |
-10.60% |
| 2009-12-31 | AU$6.49 Million ≈ $4.59 Million |
-12.70% |
| 2008-12-31 | AU$7.44 Million ≈ $5.26 Million |
-12.87% |
| 2007-12-31 | AU$8.54 Million ≈ $6.04 Million |
+188.33% |
| 2006-12-31 | AU$2.96 Million ≈ $2.09 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Enova 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 2836125500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$35.13 Million | 334.88% |
| Other Comprehensive Income | AU$6.48 Million | 61.74% |
| Total Equity | AU$10.49 Million | 100.00% |
Enova Mining Ltd Competitors by Market Cap
The table below lists competitors of Enova Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cerebra Integrated Technologies Limited
NSE:CEREBRAINT
|
$5.48 Million |
|
Philly Shipyard ASA
OL:PHLY
|
$5.48 Million |
|
Innovative Eyewear Inc.
NASDAQ:LUCY
|
$5.48 Million |
|
Blue Coast Hotels Limited
NSE:BLUECOAST
|
$5.49 Million |
|
Metals Creek Resources Corp
V:MEK
|
$5.47 Million |
|
Bio Green Med Solution, Inc.
NASDAQ:BGMS
|
$5.46 Million |
|
Pelangi Indah Canindo Tbk
JK:PICO
|
$5.46 Million |
|
Narryer Metals Ltd
AU:NYM
|
$5.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enova Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,500,176 to 10,490,777, a change of 990,601 (10.4%).
- Net loss of 1,573,418 reduced equity.
- Other comprehensive income increased equity by 48,195.
- Other factors increased equity by 2,515,824.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.57 Million | -15.0% |
| Other Comprehensive Income | AU$48.20K | +0.46% |
| Other Changes | AU$2.52 Million | +23.98% |
| Total Change | AU$- | 10.43% |
Book Value vs Market Value Analysis
This analysis compares Enova 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: 0.60x
- 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 0.03x to 0.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | AU$0.15 | AU$0.00 | x |
| 2007-12-31 | AU$0.43 | AU$0.00 | x |
| 2008-12-31 | AU$0.32 | AU$0.00 | x |
| 2009-12-31 | AU$0.28 | AU$0.00 | x |
| 2010-12-31 | AU$0.25 | AU$0.00 | x |
| 2011-12-31 | AU$0.27 | AU$0.00 | x |
| 2012-12-31 | AU$0.20 | AU$0.00 | x |
| 2013-12-31 | AU$0.17 | AU$0.00 | x |
| 2014-12-31 | AU$0.11 | AU$0.00 | x |
| 2015-12-31 | AU$0.05 | AU$0.00 | x |
| 2016-12-31 | AU$0.04 | AU$0.00 | x |
| 2017-12-31 | AU$0.02 | AU$0.00 | x |
| 2018-12-31 | AU$0.01 | AU$0.00 | x |
| 2019-12-31 | AU$0.01 | AU$0.00 | x |
| 2020-12-31 | AU$0.01 | AU$0.00 | x |
| 2021-12-31 | AU$0.01 | AU$0.00 | x |
| 2022-12-31 | AU$0.01 | AU$0.00 | x |
| 2023-12-31 | AU$0.01 | AU$0.00 | x |
| 2024-12-31 | AU$0.01 | AU$0.00 | x |
| 2025-12-31 | AU$0.01 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enova Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (-15.00%) is above the historical average (-31.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -9.42% | 0.00% | 0.00x | 1.08x | AU$-574.97K |
| 2007 | -11.93% | 0.00% | 0.00x | 1.01x | AU$-1.87 Million |
| 2008 | -14.29% | 0.00% | 0.00x | 1.02x | AU$-1.81 Million |
| 2009 | -14.67% | 0.00% | 0.00x | 1.02x | AU$-1.60 Million |
| 2010 | -13.73% | -41072.47% | 0.00x | 1.08x | AU$-1.38 Million |
| 2011 | -34.16% | -7299.62% | 0.00x | 1.06x | AU$-3.09 Million |
| 2012 | -27.51% | -3809.98% | 0.01x | 1.06x | AU$-2.40 Million |
| 2013 | -32.77% | -18354.05% | 0.00x | 1.06x | AU$-2.55 Million |
| 2014 | -30.94% | -16076.85% | 0.00x | 1.17x | AU$-2.08 Million |
| 2015 | -71.07% | -9843.84% | 0.01x | 1.31x | AU$-2.73 Million |
| 2016 | -15.81% | -1448.09% | 0.01x | 1.46x | AU$-807.68K |
| 2017 | -93.87% | -272683.67% | 0.00x | 1.46x | AU$-3.27 Million |
| 2018 | -14.06% | -6656.68% | 0.00x | 1.92x | AU$-664.24K |
| 2019 | -138.38% | -100209.93% | 0.00x | 3.56x | AU$-1.82 Million |
| 2020 | -6.42% | -81592.94% | 0.00x | 1.04x | AU$-709.28K |
| 2021 | -4.13% | 0.00% | 0.00x | 1.11x | AU$-585.92K |
| 2022 | -3.40% | -10774.84% | 0.00x | 1.01x | AU$-647.33K |
| 2023 | -6.54% | -3588.39% | 0.00x | 1.01x | AU$-982.41K |
| 2024 | -71.28% | -18360.49% | 0.00x | 1.01x | AU$-7.72 Million |
| 2025 | -15.00% | 0.00% | 0.00x | 1.04x | AU$-2.62 Million |
Industry Comparison
This section compares Enova 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 |
|---|---|---|---|---|
| Enova Mining Ltd (ENV) | AU$10.49 Million | -9.42% | 0.04x | $5.47 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 Enova Mining Ltd
Enova Mining Limited engages in the exploration for rare earth elements in Australia and Brazil. It primarily focuses Coda North, Central, East, XS, XN, and South projects; Poços, Lithium Valley, and Juquiá project; and Charley Creek project. Enova Mining Limited was incorporated in 1999 and is based in Moorabbin, Australia.