Golden Deeps Ltd

AU:GED Australia Other Industrial Metals & Mining
Market Cap
$8.47 Million
AU$13.68 Million AUD
Market Cap Rank
#31793 Global
#1006 in Australia
Share Price
AU$0.06
Change (1 day)
+5.26%
52-Week Range
AU$0.02 - AU$0.08
All Time High
AU$0.77
About

Golden Deeps Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Namibia and Canada. It explores for gold, silver, copper, vanadium, lead, zinc, and cobalt deposits, as well as rare metals, germanium, gallium, and gallium. The company was formerly known as Golden Deeps NL. Golden Deeps Limited was incorporated in 1991 and is based in West P… Read more

Golden Deeps Ltd (GED) - Net Assets

Latest net assets as of June 2025: AU$12.88 Million AUD

Based on the latest financial reports, Golden Deeps Ltd (GED) has net assets worth AU$12.88 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$13.01 Million) and total liabilities (AU$137.00K). 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$12.88 Million
% of Total Assets 98.95%
Annual Growth Rate 8.39%
5-Year Change 81.94%
10-Year Change 340.44%
Growth Volatility 60.29

Golden Deeps Ltd - Net Assets Trend (1992–2025)

This chart illustrates how Golden Deeps 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 Golden Deeps Ltd (1992–2025)

The table below shows the annual net assets of Golden Deeps Ltd from 1992 to 2025.

Year Net Assets Change
2025-06-30 AU$12.88 Million +14.46%
2024-06-30 AU$11.25 Million -6.40%
2023-06-30 AU$12.02 Million -7.46%
2022-06-30 AU$12.99 Million +83.52%
2021-06-30 AU$7.08 Million +201.41%
2020-06-30 AU$2.35 Million +56.25%
2019-06-30 AU$1.50 Million -43.73%
2018-06-30 AU$2.67 Million +3414.23%
2017-06-30 AU$-80.58K -102.76%
2016-06-30 AU$2.92 Million -8.81%
2015-06-30 AU$3.21 Million -22.58%
2014-06-30 AU$4.14 Million -7.43%
2013-06-30 AU$4.47 Million +12.57%
2012-06-30 AU$3.97 Million +82.30%
2011-06-30 AU$2.18 Million +105.32%
2010-06-30 AU$1.06 Million -29.95%
2009-06-30 AU$1.52 Million -18.61%
2008-06-30 AU$1.86 Million -23.05%
2007-06-30 AU$2.42 Million +7.25%
2006-06-30 AU$2.26 Million +5.87%
2005-06-30 AU$2.13 Million +0.75%
2004-06-30 AU$2.12 Million +63.05%
2003-06-30 AU$1.30 Million -7.25%
2002-06-30 AU$1.40 Million -28.02%
2001-06-30 AU$1.94 Million -29.07%
2000-06-30 AU$2.74 Million +99.59%
1999-06-30 AU$1.37 Million +23.27%
1998-06-30 AU$1.11 Million -8.32%
1997-06-30 AU$1.21 Million -32.41%
1996-06-30 AU$1.80 Million -31.77%
1995-06-30 AU$2.63 Million -5.93%
1994-06-30 AU$2.80 Million +147.13%
1993-06-30 AU$1.13 Million +25.61%
1992-06-30 AU$902.00K --

Equity Component Analysis

This analysis shows how different components contribute to Golden Deeps 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 1963434300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$33.08 Million 252.01%
Other Comprehensive Income AU$-90.45K -0.69%
Total Equity AU$13.12 Million 100.00%

Golden Deeps Ltd Competitors by Market Cap

The table below lists competitors of Golden Deeps Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 11,710,334 to 13,124,606, a change of 1,414,272 (12.1%).
  • Net loss of 1,083,478 reduced equity.
  • Share repurchases of 1,784,750 reduced equity.
  • Other comprehensive income increased equity by 372,197.
  • Other factors increased equity by 3,910,303.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-1.08 Million -8.26%
Share Repurchases AU$1.78 Million -13.6%
Other Comprehensive Income AU$372.20K +2.84%
Other Changes AU$3.91 Million +29.79%
Total Change AU$- 12.08%

Book Value vs Market Value Analysis

This analysis compares Golden Deeps 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: 0.69x
  • 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 7.33x to 0.69x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1992-06-30 AU$0.01 AU$0.06 x
1993-06-30 AU$0.01 AU$0.06 x
1994-06-30 AU$0.02 AU$0.06 x
1995-06-30 AU$0.02 AU$0.06 x
1996-06-30 AU$0.01 AU$0.06 x
1997-06-30 AU$0.01 AU$0.06 x
1998-06-30 AU$0.09 AU$0.06 x
1999-06-30 AU$0.11 AU$0.06 x
2000-06-30 AU$0.12 AU$0.06 x
2001-06-30 AU$0.07 AU$0.06 x
2002-06-30 AU$0.05 AU$0.06 x
2003-06-30 AU$0.05 AU$0.06 x
2004-06-30 AU$0.08 AU$0.06 x
2005-06-30 AU$0.08 AU$0.06 x
2006-06-30 AU$0.07 AU$0.06 x
2007-06-30 AU$0.06 AU$0.06 x
2008-06-30 AU$0.05 AU$0.06 x
2009-06-30 AU$0.04 AU$0.06 x
2010-06-30 AU$0.03 AU$0.06 x
2011-06-30 AU$0.06 AU$0.06 x
2012-06-30 AU$1.03 AU$0.06 x
2013-06-30 AU$0.44 AU$0.06 x
2014-06-30 AU$0.40 AU$0.06 x
2015-06-30 AU$0.31 AU$0.06 x
2016-06-30 AU$0.28 AU$0.06 x
2017-06-30 AU$-0.01 AU$0.06 x
2018-06-30 AU$0.23 AU$0.06 x
2019-06-30 AU$0.10 AU$0.06 x
2020-06-30 AU$0.10 AU$0.06 x
2021-06-30 AU$0.12 AU$0.06 x
2022-06-30 AU$0.16 AU$0.06 x
2023-06-30 AU$0.11 AU$0.06 x
2024-06-30 AU$0.10 AU$0.06 x
2025-06-30 AU$0.09 AU$0.06 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Golden Deeps 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): -8.26%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -667.28%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 0.99x
  • Recent ROE (-8.26%) is above the historical average (-25.23%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 -25.06% 0.00% 0.00x 2.37x AU$-316.20K
1993 -10.94% 0.00% 0.00x 2.03x AU$-237.30K
1994 -5.89% 0.00% 0.00x 1.42x AU$-445.00K
1995 -6.68% 0.00% 0.00x 1.45x AU$-439.40K
1996 -46.61% 0.00% 0.00x 1.64x AU$-1.02 Million
1997 -189.71% -22824.31% 0.01x 1.31x AU$-2.43 Million
1998 -74.26% 0.00% 0.00x 1.06x AU$-938.36K
1999 -25.71% 0.00% 0.00x 1.03x AU$-490.28K
2000 -16.42% 0.00% 0.00x 1.00x AU$-723.99K
2001 -40.96% -829.17% 0.05x 1.04x AU$-990.35K
2002 -38.89% -156.77% 0.25x 1.00x AU$-683.90K
2003 -7.78% -3310.39% 0.00x 1.01x AU$-230.75K
2004 38.67% 60.33% 0.62x 1.03x AU$606.52K
2005 -19.47% -262.66% 0.07x 1.01x AU$-628.14K
2006 -36.21% -179.96% 0.17x 1.18x AU$-1.04 Million
2007 6.11% 17.51% 0.29x 1.20x AU$-94.21K
2008 -63.04% -670.86% 0.07x 1.27x AU$-1.36 Million
2009 -22.89% -249.64% 0.07x 1.39x AU$-498.57K
2010 -42.76% 0.00% 0.00x 1.49x AU$-560.18K
2011 50.27% 0.00% 0.00x 1.09x AU$877.99K
2012 -24.05% 0.00% 0.00x 1.10x AU$-1.35 Million
2013 -21.26% 0.00% 0.00x 1.05x AU$-1.40 Million
2014 -6.23% -105.80% 0.05x 1.22x AU$-672.13K
2015 -30.01% -563.66% 0.04x 1.44x AU$-1.28 Million
2016 -4.73% -302.42% 0.01x 1.46x AU$-430.75K
2017 0.00% -2089189.19% 0.00x 0.00x AU$-3.08 Million
2018 -21.40% -7945.84% 0.00x 1.82x AU$-898.91K
2019 -100.42% -15309.44% 0.00x 2.25x AU$-1.90 Million
2020 -31.10% -2106.91% 0.01x 1.67x AU$-1.10 Million
2021 -8.99% -151153.86% 0.00x 0.99x AU$-1.40 Million
2022 -9.54% -123091.79% 0.00x 0.98x AU$-2.61 Million
2023 -5.50% -344.84% 0.02x 0.97x AU$-1.93 Million
2024 -8.11% -457.80% 0.02x 0.99x AU$-2.12 Million
2025 -8.26% -667.28% 0.01x 0.99x AU$-2.40 Million

Industry Comparison

This section compares Golden Deeps 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
Golden Deeps Ltd (GED) AU$12.88 Million -25.06% 0.01x $4.34 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