Globe Metals & Mining Ltd
Globe Metals & Mining Limited engages in the exploration, development, and investment of mineral resource properties in Australia and Africa. The company primarily explores for niobium and tantalum deposits. It primarily holds a 100% interest in the Kanyika project located in Malawi. Globe Metals & Mining Limited was formerly known as Globe Uranium Limited and changed its name to Globe Metals & M… Read more
Globe Metals & Mining Ltd (GBE) - Net Assets
Latest net assets as of June 2025: AU$29.59 Million AUD
Based on the latest financial reports, Globe Metals & Mining Ltd (GBE) has net assets worth AU$29.59 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$35.01 Million) and total liabilities (AU$5.42 Million). 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$29.59 Million |
| % of Total Assets | 84.52% |
| Annual Growth Rate | 10.81% |
| 5-Year Change | -8.32% |
| 10-Year Change | 74621.61% |
| Growth Volatility | 21404.12 |
Globe Metals & Mining Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Globe Metals & Mining 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 Globe Metals & Mining Ltd (2006–2025)
The table below shows the annual net assets of Globe Metals & Mining Ltd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$29.59 Million | -9.62% |
| 2024-06-30 | AU$32.74 Million | +9.43% |
| 2023-06-30 | AU$29.92 Million | +1.43% |
| 2022-06-30 | AU$29.50 Million | -8.61% |
| 2021-06-30 | AU$32.28 Million | -4.14% |
| 2020-06-30 | AU$33.67 Million | +95872.41% |
| 2019-06-30 | AU$35.08K | -4.01% |
| 2018-06-30 | AU$36.55K | -3.70% |
| 2017-06-30 | AU$37.95K | -4.17% |
| 2016-06-30 | AU$39.60K | -14.81% |
| 2015-06-30 | AU$46.49K | -6.50% |
| 2014-06-30 | AU$49.72K | -99.89% |
| 2013-06-30 | AU$43.62 Million | -9.58% |
| 2012-06-30 | AU$48.25 Million | -21.13% |
| 2011-06-30 | AU$61.17 Million | +282.71% |
| 2010-06-30 | AU$15.98 Million | +43.36% |
| 2009-06-30 | AU$11.15 Million | -16.10% |
| 2008-06-30 | AU$13.29 Million | +14.04% |
| 2007-06-30 | AU$11.65 Million | +176.73% |
| 2006-06-30 | AU$4.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Globe Metals & 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 6032482100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$89.70 Million | 303.13% |
| Other Comprehensive Income | AU$581.00K | 1.96% |
| Total Equity | AU$29.59 Million | 100.00% |
Globe Metals & Mining Ltd Competitors by Market Cap
The table below lists competitors of Globe Metals & Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rain Enhancement Technologies Holdco, Inc. Class A Common Stock
NASDAQ:RAIN
|
$4.85 Million |
|
Edaran Bhd
KLSE:5036
|
$4.85 Million |
|
Cartier Iron Corp
PINK:CRTIF
|
$4.85 Million |
|
Baid Finserv Limited
NSE:BAIDFIN
|
$4.85 Million |
|
Silver Bull Resources Inc
OTCQB:SVBL
|
$4.84 Million |
|
Si6 Metals Ltd
AU:SI6
|
$4.84 Million |
|
RealTech AG
XETRA:RTC
|
$4.84 Million |
|
Lanthanein Resources Ltd
AU:LNR
|
$4.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Globe Metals & Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,740,000 to 29,592,000, a change of -3,148,000 (-9.6%).
- Net loss of 3,347,000 reduced equity.
- Other comprehensive income increased equity by 70,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.35 Million | -11.31% |
| Other Comprehensive Income | AU$70.00K | +0.24% |
| Other Changes | AU$129.00K | +0.44% |
| Total Change | AU$- | -9.62% |
Book Value vs Market Value Analysis
This analysis compares Globe Metals & 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: 1.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.55x to 1.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | AU$0.13 | AU$0.07 | x |
| 2007-06-30 | AU$0.29 | AU$0.07 | x |
| 2008-06-30 | AU$0.21 | AU$0.07 | x |
| 2009-06-30 | AU$0.16 | AU$0.07 | x |
| 2010-06-30 | AU$0.18 | AU$0.07 | x |
| 2011-06-30 | AU$0.49 | AU$0.07 | x |
| 2012-06-30 | AU$0.22 | AU$0.07 | x |
| 2013-06-30 | AU$0.20 | AU$0.07 | x |
| 2014-06-30 | AU$0.00 | AU$0.07 | x |
| 2015-06-30 | AU$0.00 | AU$0.07 | x |
| 2016-06-30 | AU$0.00 | AU$0.07 | x |
| 2017-06-30 | AU$0.00 | AU$0.07 | x |
| 2018-06-30 | AU$0.00 | AU$0.07 | x |
| 2019-06-30 | AU$0.00 | AU$0.07 | x |
| 2020-06-30 | AU$0.07 | AU$0.07 | x |
| 2021-06-30 | AU$0.07 | AU$0.07 | x |
| 2022-06-30 | AU$0.06 | AU$0.07 | x |
| 2023-06-30 | AU$0.06 | AU$0.07 | x |
| 2024-06-30 | AU$0.05 | AU$0.07 | x |
| 2025-06-30 | AU$0.04 | AU$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Globe Metals & Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30427.27%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.18x
- Recent ROE (-11.31%) is above the historical average (-1218.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -8.67% | -376.47% | 0.02x | 1.03x | AU$-786.30K |
| 2007 | -14.61% | 0.00% | 0.00x | 1.06x | AU$-2.87 Million |
| 2008 | -8.80% | 0.00% | 0.00x | 1.11x | AU$-2.50 Million |
| 2009 | -27.61% | -4659.61% | 0.01x | 1.06x | AU$-4.19 Million |
| 2010 | -16.96% | -196.36% | 0.08x | 1.04x | AU$-4.31 Million |
| 2011 | -5.46% | -37132.89% | 0.00x | 1.01x | AU$-9.46 Million |
| 2012 | -9.97% | 0.00% | 0.00x | 1.04x | AU$-9.63 Million |
| 2013 | -27.47% | 0.00% | 0.00x | 1.02x | AU$-16.35 Million |
| 2014 | -9304.66% | 0.00% | 0.00x | 1.02x | AU$-4.63 Million |
| 2015 | -7055.89% | -607.41% | 11.31x | 1.03x | AU$-3.28 Million |
| 2016 | -17.38% | -13766.00% | 0.00x | 1.03x | AU$-10.84K |
| 2017 | -4.35% | -82550.00% | 0.00x | 1.02x | AU$-5.45K |
| 2018 | -3704.72% | -566.53% | 6.39x | 1.02x | AU$-1.36 Million |
| 2019 | -4107.40% | -699.51% | 5.77x | 1.02x | AU$-1.44 Million |
| 2020 | -4.30% | -1393.27% | 0.00x | 1.01x | AU$-4.82 Million |
| 2021 | -4.27% | -692462.31% | 0.00x | 1.01x | AU$-4.61 Million |
| 2022 | -9.33% | -137600.00% | 0.00x | 1.05x | AU$-5.70 Million |
| 2023 | -8.90% | 0.00% | 0.00x | 1.03x | AU$-5.65 Million |
| 2024 | -10.49% | 0.00% | 0.00x | 1.01x | AU$-6.71 Million |
| 2025 | -11.31% | -30427.27% | 0.00x | 1.18x | AU$-6.31 Million |
Industry Comparison
This section compares Globe Metals & 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: $2,995,611
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Globe Metals & Mining Ltd (GBE) | AU$29.59 Million | -8.67% | 0.18x | $4.84 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.10K |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $2.93 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $24.91 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $71.83 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $170.41 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | 0.47% | 0.11x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |
| Admiralty Resources NL (ADY) | $10.81 Million | -14.31% | 1.16x | $5.70 Million |