Firebird Metals Ltd (FRB) - Net Assets

Latest as of December 2025: AU$14.67 Million AUD ≈ $10.38 Million USD

Based on the latest financial reports, Firebird Metals Ltd (FRB) has net assets worth AU$14.67 Million AUD (≈ $10.38 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$15.46 Million ≈ $10.94 Million USD) and total liabilities (AU$784.06K ≈ $554.77K 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. Also explore FRB total asset value for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$14.67 Million
% of Total Assets	94.93%
Annual Growth Rate	N/A
5-Year Change	113.86%
10-Year Change	N/A
Growth Volatility	114.69

Firebird Metals Ltd - Net Assets Trend (2017–2024)

This chart illustrates how Firebird Metals Ltd's net assets have evolved over time, based on quarterly financial data. Check FRB tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Firebird Metals Ltd (2017–2024)

The table below shows the annual net assets of Firebird Metals Ltd from 2017 to 2024. For live valuation and market cap data, see Firebird Metals Ltd (FRB) total market value.

Year	Net Assets	Change
2024-12-31	AU$10.57 Million ≈ $7.48 Million	-16.38%
2023-12-31	AU$12.64 Million ≈ $8.94 Million	+97.80%
2022-12-31	AU$6.39 Million ≈ $4.52 Million	+62.12%
2021-12-31	AU$3.94 Million ≈ $2.79 Million	-20.24%
2020-12-31	AU$4.94 Million ≈ $3.50 Million	+294.14%
2019-12-31	AU$1.25 Million ≈ $887.08K	+138.22%
2018-12-31	AU$-3.28 Million ≈ $-2.32 Million	-93.94%
2017-12-31	AU$-1.69 Million ≈ $-1.20 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Firebird Metals 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 1469333700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	AU$21.12 Million	199.83%
Other Comprehensive Income	AU$5.84 Million	55.22%
Total Equity	AU$10.57 Million	100.00%

Firebird Metals Ltd Competitors by Market Cap

The table below lists competitors of Firebird Metals Ltd ranked by their market capitalization.

Company	Market Cap
Premier Foods PLC LSE:PFD	$20.93 Million
Eden Inc Bhd KLSE:7471	$20.93 Million
Promimic AB ST:PRO	$20.94 Million
Foxx Development Holdings Inc. NASDAQ:FOXX	$20.95 Million
STS Group AG XETRA:SF3	$20.90 Million
DEER HORN METS F:G1J	$20.89 Million
The Century Co., Ltd. KO:002420	$20.88 Million
Agricore CS Holdings Berhad KLSE:0309	$20.88 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Firebird Metals Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 12,638,355 to 10,567,594, a change of -2,070,761 (-16.4%).
Net loss of 2,273,176 reduced equity.
Other comprehensive income increased equity by 163,986.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-2.27 Million	-21.51%
Other Comprehensive Income	AU$163.99K	+1.55%
Other Changes	AU$38.43K	+0.36%
Total Change	AU$-	-16.38%

Book Value vs Market Value Analysis

This analysis compares Firebird Metals 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: 2.18x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	AU$-0.03	AU$0.16	x
2018-12-31	AU$-0.06	AU$0.16	x
2019-12-31	AU$0.10	AU$0.16	x
2020-12-31	AU$0.09	AU$0.16	x
2021-12-31	AU$0.07	AU$0.16	x
2022-12-31	AU$0.09	AU$0.16	x
2023-12-31	AU$0.11	AU$0.16	x
2024-12-31	AU$0.07	AU$0.16	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Firebird Metals 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): -21.51%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -6267.37%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.06x
Recent ROE (-21.51%) is above the historical average (-23.03%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2017	0.00%	0.00%	0.00x	0.00x	AU$-810.16K
2018	0.00%	0.00%	0.00x	0.00x	AU$-1.26 Million
2019	-12.53%	0.00%	0.00x	1.00x	AU$-1.18 Million
2020	-68.70%	0.00%	0.00x	1.05x	AU$-3.89 Million
2021	-29.77%	-24442.73%	0.00x	1.05x	AU$-1.57 Million
2022	-14.90%	-396.29%	0.04x	1.05x	AU$-1.59 Million
2023	-36.83%	-4231.90%	0.01x	1.02x	AU$-5.92 Million
2024	-21.51%	-6267.37%	0.00x	1.06x	AU$-3.33 Million

Industry Comparison

This section compares Firebird Metals 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: $18,104,825
Average return on equity (ROE) among peers: -20.84%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Firebird Metals Ltd (FRB)	AU$14.67 Million	0.00%	0.05x	$20.90 Million
Morella Corporation Ltd (1MC)	$93.35 Million	-13.80%	1.88x	$7.21 Million
Amaero Ltd (3DA)	$14.67 Million	-58.76%	0.49x	$212.31 Million
6K Additive Inc (6KA)	$-42.72 Million	0.00%	0.00x	$143.72 Million
Atlantic Lithium Ltd (A11)	$40.70 Million	-16.20%	0.09x	$168.43 Million
African Gold Ltd (A1G)	$18.42 Million	-89.46%	0.18x	$419.02 Million
Albright Metals Ltd (ABR)	$11.82 Million	-15.47%	0.06x	$3.15 Million
Audalia Resources Ltd (ACP)	$-457.00K	0.00%	0.00x	$14.99 Million
Accent Resources NL (ACS)	$13.16 Million	-6.74%	0.05x	$8.66 Million
Acdc Metals Ltd (ADC)	$11.27 Million	-1.92%	0.01x	$3.42 Million
Andromeda Metals Ltd (ADN)	$20.82 Million	-6.07%	0.03x	$22.90 Million

About Firebird Metals Ltd

AU:FRB Australia Other Industrial Metals & Mining

Market Cap

$20.90 Million

AU$29.54 Million AUD

Market Cap Rank

#24989 Global

#1035 in Australia

Share Price

AU$0.16

Change (1 day)

+4.52%

52-Week Range

AU$0.10 - AU$0.31

All Time High

AU$0.76