FELIX Gold Ltd (FXG) - Net Assets
Based on the latest financial reports, FELIX Gold Ltd (FXG) has net assets worth AU$38.93 Million AUD (≈ $27.54 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$41.53 Million ≈ $29.39 Million USD) and total liabilities (AU$2.60 Million ≈ $1.84 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 FXG financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$38.93 Million |
| % of Total Assets | 93.73% |
| Annual Growth Rate | 52.69% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 61.35 |
FELIX Gold Ltd - Net Assets Trend (2021–2025)
This chart illustrates how FELIX Gold Ltd's net assets have evolved over time, based on quarterly financial data. Also explore FELIX Gold Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for FELIX Gold Ltd (2021–2025)
The table below shows the annual net assets of FELIX Gold Ltd from 2021 to 2025. For live valuation and market cap data, see FELIX Gold Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$38.93 Million ≈ $27.54 Million |
+96.55% |
| 2024-06-30 | AU$19.80 Million ≈ $14.01 Million |
+5.87% |
| 2023-06-30 | AU$18.71 Million ≈ $13.24 Million |
+5.10% |
| 2022-06-30 | AU$17.80 Million ≈ $12.59 Million |
+148.55% |
| 2021-06-30 | AU$7.16 Million ≈ $5.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to FELIX Gold 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 862744800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$44.89 Million | 115.32% |
| Other Comprehensive Income | AU$3.61 Million | 9.28% |
| Total Equity | AU$38.93 Million | 100.00% |
FELIX Gold Ltd Competitors by Market Cap
The table below lists competitors of FELIX Gold Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
General Plastic Industrial Co Ltd
TW:6128
|
$83.61 Million |
|
Golden Bridge Electech Inc
TW:6133
|
$83.68 Million |
|
Compass Digital Acquisition Corp
NASDAQ:CDAQ
|
$83.68 Million |
|
True North Commercial Real Estate Investment Trust
TO:TNT-UN
|
$83.73 Million |
|
Topower Co Ltd
TWO:3226
|
$83.53 Million |
|
Mobix Labs Inc
NASDAQ:MOBX
|
$83.52 Million |
|
Minna Padi Investama Tbk
JK:PADI
|
$83.48 Million |
|
Fifth District Bancorp, Inc. Common Stock
NASDAQ:FDSB
|
$83.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FELIX Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,804,747 to 38,925,510, a change of 19,120,763 (96.5%).
- Net loss of 2,686,930 reduced equity.
- Share repurchases of 22,132,170 reduced equity.
- Other comprehensive income increased equity by 1,772,481.
- Other factors increased equity by 42,167,382.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.69 Million | -6.9% |
| Share Repurchases | AU$22.13 Million | -56.86% |
| Other Comprehensive Income | AU$1.77 Million | +4.55% |
| Other Changes | AU$42.17 Million | +108.33% |
| Total Change | AU$- | 96.55% |
Book Value vs Market Value Analysis
This analysis compares FELIX Gold 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: 1.99x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.75x to 1.99x 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$0.04 | AU$0.24 | x |
| 2022-06-30 | AU$0.10 | AU$0.24 | x |
| 2023-06-30 | AU$0.11 | AU$0.24 | x |
| 2024-06-30 | AU$0.09 | AU$0.24 | x |
| 2025-06-30 | AU$0.12 | AU$0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FELIX Gold Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-6.90%) is above the historical average (-10.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -13.25% | 0.00% | 0.00x | 1.01x | AU$-1.67 Million |
| 2022 | -12.11% | 0.00% | 0.00x | 1.04x | AU$-3.93 Million |
| 2023 | -11.89% | 0.00% | 0.00x | 1.01x | AU$-4.09 Million |
| 2024 | -7.89% | 0.00% | 0.00x | 1.05x | AU$-3.54 Million |
| 2025 | -6.90% | 0.00% | 0.00x | 1.07x | AU$-6.58 Million |
Industry Comparison
This section compares FELIX Gold Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,107,544
- Average return on equity (ROE) among peers: -107.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FELIX Gold Ltd (FXG) | AU$38.93 Million | -13.25% | 0.07x | $83.56 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $3.19 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $59.56 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $5.69 Million |
| Astral Resources NL (AAR) | $11.28 Million | 49.48% | 0.09x | $197.52 Million |
| Antilles Gold Ltd (AAU) | $4.86 Million | 10.22% | 0.16x | $28.68 Million |
| Adelong Gold Ltd (ADG) | $2.90 Million | -71.05% | 0.15x | $11.32 Million |
| Ardiden Ltd (ADV) | $1.30 Million | -752.46% | 0.85x | $58.54 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $33.34 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $17.91 Million |
| Alkane Resources Ltd (ALK) | $303.00K | -0.66% | 2.68x | $1.39 Billion |
About FELIX Gold Ltd
Felix Gold Limited engages in the exploration of mineral projects in Alaska. It primarily explores for antimony, gold, and precious metal deposits. Felix Gold Limited was incorporated in 2020 and is headquartered in Brisbane, Australia.