Golden Globe Resources Ltd
Golden Globe Resources Ltd, a minerals exploration company, focuses on identifying and developing of copper and gold assets in Australia. Its propertes holds 100% interest in the Dooloo Creek Project comprises two granted exploration permits covering 77.94 square kilometers located in Southeast Queensland, Australia; and Neila Creek Prospect comprises one exploration licence for minerals covering… Read more
Golden Globe Resources Ltd (GGR) - Net Assets
Latest net assets as of June 2025: AU$1.18 Million AUD
Based on the latest financial reports, Golden Globe Resources Ltd (GGR) has net assets worth AU$1.18 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$2.55 Million) and total liabilities (AU$1.38 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$1.18 Million |
| % of Total Assets | 46.02% |
| Annual Growth Rate | 34.64% |
| 5-Year Change | -65.36% |
| 10-Year Change | 2618.87% |
| Growth Volatility | 120.58 |
Golden Globe Resources Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Golden Globe Resources 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 Globe Resources Ltd (2015–2025)
The table below shows the annual net assets of Golden Globe Resources Ltd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.18 Million | -29.64% |
| 2024-06-30 | AU$1.67 Million | -39.35% |
| 2023-06-30 | AU$2.75 Million | -22.95% |
| 2022-06-30 | AU$3.57 Million | +5.37% |
| 2021-06-30 | AU$3.39 Million | +186.21% |
| 2020-06-30 | AU$1.19 Million | +265.42% |
| 2019-06-30 | AU$324.35K | +285.63% |
| 2018-06-30 | AU$84.11K | +16.12% |
| 2017-06-30 | AU$72.44K | +67.59% |
| 2016-06-30 | AU$43.22K | -27.98% |
| 2015-06-30 | AU$60.01K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Golden Globe 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 802798200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$8.68 Million | 739.00% |
| Other Comprehensive Income | AU$546.09K | 46.47% |
| Total Equity | AU$1.18 Million | 100.00% |
Golden Globe Resources Ltd Competitors by Market Cap
The table below lists competitors of Golden Globe Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Energeia A/S
OL:ENERG
|
$6.31 Million |
|
Hanil Chemical Ind. Co. Ltd
KQ:007770
|
$6.31 Million |
|
Founder Group Limited Ordinary Shares
NASDAQ:FGL
|
$6.31 Million |
|
OEX S.A.
WAR:OEX
|
$6.31 Million |
|
Sokoman Minerals Corp
OTCQB:SICNF
|
$6.31 Million |
|
Asf Group Ltd
AU:AFA
|
$6.30 Million |
|
PLAYWITH Inc
KQ:023770
|
$6.30 Million |
|
Jack Chia Industries (Thailand) Public Company Limited
BK:JCT
|
$6.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Globe Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,670,247 to 1,175,148, a change of -495,099 (-29.6%).
- Net loss of 1,808,853 reduced equity.
- New share issuances of 820,000 increased equity.
- Other comprehensive income increased equity by 546,086.
- Other factors decreased equity by 52,332.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.81 Million | -153.93% |
| Share Issuances | AU$820.00K | +69.78% |
| Other Comprehensive Income | AU$546.09K | +46.47% |
| Other Changes | AU$-52.33K | -4.45% |
| Total Change | AU$- | -29.64% |
Book Value vs Market Value Analysis
This analysis compares Golden Globe 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: 21.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 34.22x to 21.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | AU$0.01 | AU$0.29 | x |
| 2017-06-30 | AU$0.29 | AU$0.29 | x |
| 2018-06-30 | AU$0.15 | AU$0.29 | x |
| 2019-06-30 | AU$0.02 | AU$0.29 | x |
| 2020-06-30 | AU$0.04 | AU$0.29 | x |
| 2021-06-30 | AU$0.05 | AU$0.29 | x |
| 2022-06-30 | AU$0.04 | AU$0.29 | x |
| 2023-06-30 | AU$0.03 | AU$0.29 | x |
| 2024-06-30 | AU$0.02 | AU$0.29 | x |
| 2025-06-30 | AU$0.01 | AU$0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Globe Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -153.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18088530.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.17x
- Recent ROE (-153.93%) is below the historical average (-50.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -45.48% | 0.00% | 0.00x | 2.52x | AU$-33.29K |
| 2016 | -38.84% | -294.37% | 0.04x | 3.19x | AU$-21.11K |
| 2017 | -5.86% | 0.00% | 0.00x | 1.60x | AU$-11.49K |
| 2018 | -47.35% | 0.00% | 0.00x | 1.35x | AU$-48.24K |
| 2019 | -19.29% | 0.00% | 0.00x | 1.08x | AU$-95.00K |
| 2020 | -42.64% | -953.83% | 0.04x | 1.00x | AU$-623.93K |
| 2021 | -42.49% | -20081.76% | 0.00x | 1.07x | AU$-1.78 Million |
| 2022 | -41.56% | 0.00% | 0.00x | 1.03x | AU$-1.84 Million |
| 2023 | -50.46% | -18199.63% | 0.00x | 1.07x | AU$-1.67 Million |
| 2024 | -69.41% | 0.00% | 0.00x | 1.41x | AU$-1.33 Million |
| 2025 | -153.93% | -18088530.00% | 0.00x | 2.17x | AU$-1.93 Million |
Industry Comparison
This section compares Golden Globe 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: $113,835,527
- Average return on equity (ROE) among peers: -62.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden Globe Resources Ltd (GGR) | AU$1.18 Million | -45.48% | 1.17x | $6.31 Million |
| 29METALS Ltd (29M) | $769.54 Million | 15.73% | 0.71x | $171.73 Million |
| Aic Mines Ltd (A1M) | $8.72 Million | -78.07% | 0.14x | $147.29 Million |
| Australian Critical Minerals Ltd (ACM) | $-14.00K | 0.00% | 0.00x | $1.43 Million |
| Alvo Minerals Ltd (ALV) | $3.02 Million | -198.12% | 0.08x | $2.34 Million |
| Alicanto Minerals Ltd (AQI) | $4.78 Million | -147.27% | 0.13x | $43.93 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $2.21 Million |
| Altitude Minerals Ltd (ATT) | $4.14 Million | -122.29% | 0.15x | $2.59 Million |
| Avira Resources Ltd (AVW) | $7.03 Million | -32.56% | 0.54x | $1.27 Million |
| Antipa Minerals Ltd (AZY) | $98.25 Million | -5.44% | 0.06x | $209.72 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $10.17 Million |