Equinox Resources Ltd
Equinox Resources Limited engages in the exploration, appraising, and development of mineral projects in Australia, Brazil, and Canada. The company primarily explores for iron ore, lithium, and rare earths. Equinox Resources Limited was incorporated in 2021 and is based in Perth, Australia.
Equinox Resources Ltd (EQN) - Net Assets
Latest net assets as of June 2025: AU$18.76 Million AUD
Based on the latest financial reports, Equinox Resources Ltd (EQN) has net assets worth AU$18.76 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$18.93 Million) and total liabilities (AU$161.37K). 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$18.76 Million |
| % of Total Assets | 99.15% |
| Annual Growth Rate | 6481.64% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 719985589.29 |
Equinox Resources Ltd - Net Assets Trend (2021–2025)
This chart illustrates how Equinox Resources 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 Equinox Resources Ltd (2021–2025)
The table below shows the annual net assets of Equinox Resources Ltd from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$18.76 Million | -0.61% |
| 2024-06-30 | AU$18.88 Million | +22.41% |
| 2023-06-30 | AU$15.42 Million | -7.24% |
| 2022-06-30 | AU$16.63 Million | +1662735500.00% |
| 2021-06-30 | AU$1.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Equinox 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 774559600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$25.93 Million | 138.21% |
| Other Comprehensive Income | AU$576.42K | 3.07% |
| Total Equity | AU$18.76 Million | 100.00% |
Equinox Resources Ltd Competitors by Market Cap
The table below lists competitors of Equinox Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Upco International Inc
PINK:UCCPF
|
$3.12 Million |
|
Meta Epsi Tbk PT
JK:MTPS
|
$3.12 Million |
|
Solargiga Energy Holdings Limited
PINK:SEHLF
|
$3.12 Million |
|
Percheron Therapeutics Limited
PINK:PERCF
|
$3.12 Million |
|
Metalsgrove Mining Ltd
AU:MGA
|
$3.12 Million |
|
Lancartama Sejati Tbk
JK:TAMA
|
$3.12 Million |
|
River Tech plc
OL:RIVER
|
$3.12 Million |
|
Orissa Bengal Carrier Limited
NSE:OBCL
|
$3.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Equinox Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,880,585 to 18,764,524, a change of -116,061 (-0.6%).
- Net loss of 3,156,635 reduced equity.
- Other comprehensive income increased equity by 36,172.
- Other factors increased equity by 3,004,402.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.16 Million | -16.82% |
| Other Comprehensive Income | AU$36.17K | +0.19% |
| Other Changes | AU$3.00 Million | +16.01% |
| Total Change | AU$- | -0.61% |
Book Value vs Market Value Analysis
This analysis compares Equinox 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: 0.43x
- 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 decreased from 5730000.06x to 0.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | AU$0.00 | AU$0.06 | x |
| 2022-06-30 | AU$0.24 | AU$0.06 | x |
| 2023-06-30 | AU$0.16 | AU$0.06 | x |
| 2024-06-30 | AU$0.19 | AU$0.06 | x |
| 2025-06-30 | AU$0.14 | AU$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Equinox Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -16.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6930.20%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-16.82%) is below the historical average (-13.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -18.29% | 0.00% | 0.00x | 1.01x | AU$-4.70 Million |
| 2023 | -7.94% | -59480.08% | 0.00x | 1.03x | AU$-2.77 Million |
| 2024 | -9.26% | -9345.61% | 0.00x | 1.02x | AU$-3.64 Million |
| 2025 | -16.82% | -6930.20% | 0.00x | 1.01x | AU$-5.03 Million |
Industry Comparison
This section compares Equinox Resources Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $43,212,981
- Average return on equity (ROE) among peers: -19.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Equinox Resources Ltd (EQN) | AU$18.76 Million | -18.29% | 0.01x | $3.12 Million |
| BCI Minerals Ltd (BCI) | $5.03 Million | -14.90% | 0.04x | $342.29 Million |
| Bisalloy Steel Group Ltd (BIS) | $58.08 Million | -7.09% | 2.55x | $82.82 Million |
| Equatorial Resources Ltd (EQX) | $70.15 Million | -9.19% | 0.03x | $8.75 Million |
| FENIX Resources Ltd (FEX) | $4.02 Million | -19.24% | 0.13x | $92.21 Million |
| Grange Resources Ltd (GRR) | $3.96 Million | 1.34% | 0.02x | $68.42 Million |
| GWR Group Ltd (GWR) | $31.69 Million | -14.29% | 0.02x | $20.10 Million |
| Macro Metals Ltd (M4M) | $6.30 Million | -109.34% | 0.21x | $9.50 Million |
| Pearl Gull Iron Ltd (PLG) | $-1.88 Million | 0.00% | 0.00x | $2.39 Million |
| Sims Ltd (SGM) | $211.56 Million | 0.21% | 0.96x | $1.85 Billion |