Forrestania Resources Ltd (FRS) - Net Assets
Based on the latest financial reports, Forrestania Resources Ltd (FRS) has net assets worth AU$7.02 Million AUD (≈ $4.97 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$7.48 Million ≈ $5.29 Million USD) and total liabilities (AU$461.12K ≈ $326.27K 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 Forrestania Resources Ltd (FRS) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$7.02 Million |
| % of Total Assets | 93.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.15 |
Forrestania Resources Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Forrestania Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Forrestania Resources Ltd (FRS) total assets for the complete picture of this company's asset base.
Annual Net Assets for Forrestania Resources Ltd (2020–2024)
The table below shows the annual net assets of Forrestania Resources Ltd from 2020 to 2024. For live valuation and market cap data, see Forrestania Resources Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$7.02 Million ≈ $4.97 Million |
+14.88% |
| 2023-12-31 | AU$6.11 Million ≈ $4.32 Million |
-34.65% |
| 2022-12-31 | AU$9.35 Million ≈ $6.62 Million |
+37.55% |
| 2021-12-31 | AU$6.80 Million ≈ $4.81 Million |
+4690.40% |
| 2020-12-31 | AU$-148.08K ≈ $-104.78K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Forrestania 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 1002169300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$17.46 Million | 248.77% |
| Other Comprehensive Income | AU$-216.08K | -3.08% |
| Total Equity | AU$7.02 Million | 100.00% |
Forrestania Resources Ltd Competitors by Market Cap
The table below lists competitors of Forrestania Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Fuhuang Steel Structure Co Ltd
SHE:002743
|
$326.75 Million |
|
Asia Cuanon Tech (Shanghai)
SHG:603378
|
$326.76 Million |
|
Silence Therapeutics PLC
NASDAQ:SLN
|
$326.86 Million |
|
Eimskipafélag Íslands hf
IC:EIM
|
$327.05 Million |
|
Gran Tierra Energy Inc
TO:GTE
|
$326.59 Million |
|
ANY Security Printing PLC
BUD:ANY
|
$326.49 Million |
|
Hunan Baili Engineering Sci
SHG:603959
|
$326.45 Million |
|
Super-Dragon Engineering Plastics Co. Ltd
SHE:301131
|
$326.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forrestania Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,110,585 to 7,019,765, a change of 909,180 (14.9%).
- Net loss of 1,419,856 reduced equity.
- Share repurchases of 2,352,480 reduced equity.
- Other comprehensive income decreased equity by 2,695,514.
- Other factors increased equity by 7,377,030.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.42 Million | -20.23% |
| Share Repurchases | AU$2.35 Million | -33.51% |
| Other Comprehensive Income | AU$-2.70 Million | -38.4% |
| Other Changes | AU$7.38 Million | +105.09% |
| Total Change | AU$- | 14.88% |
Book Value vs Market Value Analysis
This analysis compares Forrestania 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: 16.03x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | AU$0.00 | AU$0.50 | x |
| 2021-12-31 | AU$0.13 | AU$0.50 | x |
| 2022-12-31 | AU$0.15 | AU$0.50 | x |
| 2023-12-31 | AU$0.04 | AU$0.50 | x |
| 2024-12-31 | AU$0.03 | AU$0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forrestania Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9446.81%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-20.23%) is above the historical average (-33.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -48948.33% | 0.00x | 0.00x | AU$-190.77K |
| 2021 | -31.18% | 0.00% | 0.00x | 1.03x | AU$-2.80 Million |
| 2022 | -17.67% | -10868.42% | 0.00x | 1.09x | AU$-2.59 Million |
| 2023 | -97.08% | -82733.32% | 0.00x | 1.03x | AU$-6.54 Million |
| 2024 | -20.23% | -9446.81% | 0.00x | 1.07x | AU$-2.12 Million |
Industry Comparison
This section compares Forrestania Resources Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $63,021,134
- Average return on equity (ROE) among peers: -32.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forrestania Resources Ltd (FRS) | AU$7.02 Million | 0.00% | 0.07x | $326.70 Million |
| 29METALS Ltd (29M) | $446.06 Million | 5.42% | 1.34x | $278.62 Million |
| Aic Mines Ltd (A1M) | $55.84 Million | -7.78% | 0.01x | $310.40 Million |
| Austral Gold Ltd (AGD) | $60.89 Million | 12.59% | 0.74x | $66.18 Million |
| Alvo Minerals Ltd (ALV) | $9.35 Million | -23.67% | 0.02x | $7.43 Million |
| Alicanto Minerals Ltd (AQI) | $4.56 Million | -20.66% | 0.09x | $128.46 Million |
| Argent Minerals Ltd (ARD) | $3.83 Million | -150.92% | 0.10x | $27.57 Million |
| Askari Metals Ltd (AS2) | $6.04 Million | -6.13% | 0.10x | $4.90 Million |
| Avira Resources Ltd (AVW) | $9.49 Million | 0.00% | 0.39x | $3.71 Million |
| Antipa Minerals Ltd (AZY) | $30.40 Million | -5.35% | 0.08x | $300.01 Million |
| Burgundy Diamond Mines Ltd (BDM) | $3.75 Million | -125.90% | 0.03x | $17.10 Million |
About Forrestania Resources Ltd
Forrestania Resources Limited engages in the exploration and development of mineral projects in Western Australia and Canada. It primarily explores for copper, gold, lithium, and nickel deposits. The company's flagship projects are the Ada Ann prospect; and Lady Lila prospect located in Western Australia. Forrestania Resources Limited was incorporated in 2021 and is based in Subiaco, Australia.