Great Northern Minerals Ltd
Great Northern Minerals Limited engages in the exploration and development of mineral properties in Australia and Finland. It explores for lithium, gold, and copper deposits. The company holds interests in the Finland lithium properties comprising the Sukula project that covers approximately 174.3 square kilometers and the Kuusisuo project that consists of approximately 362 square kilometers. It … Read more
Great Northern Minerals Ltd (GNM) - Net Assets
Latest net assets as of December 2025: AU$8.83 Million AUD
Based on the latest financial reports, Great Northern Minerals Ltd (GNM) has net assets worth AU$8.83 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$8.97 Million) and total liabilities (AU$139.85K). 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$8.83 Million |
| % of Total Assets | 98.44% |
| Annual Growth Rate | -12.08% |
| 5-Year Change | -61.35% |
| 10-Year Change | 79.3% |
| Growth Volatility | 115.79 |
Great Northern Minerals Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Great Northern Minerals 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 Great Northern Minerals Ltd (2008–2025)
The table below shows the annual net assets of Great Northern Minerals Ltd from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.35 Million | -4.70% |
| 2024-06-30 | AU$1.42 Million | -40.10% |
| 2023-06-30 | AU$2.37 Million | +502.30% |
| 2022-06-30 | AU$-588.42K | -116.83% |
| 2021-06-30 | AU$3.50 Million | +26.83% |
| 2020-06-30 | AU$2.76 Million | +107.28% |
| 2019-06-30 | AU$1.33 Million | -60.02% |
| 2018-06-30 | AU$3.33 Million | -14.96% |
| 2017-06-30 | AU$3.91 Million | +419.04% |
| 2016-06-30 | AU$753.60K | -63.86% |
| 2015-06-30 | AU$2.09 Million | -32.36% |
| 2014-06-30 | AU$3.08 Million | -25.51% |
| 2013-06-30 | AU$4.14 Million | -24.72% |
| 2012-06-30 | AU$5.50 Million | -23.86% |
| 2011-06-30 | AU$7.22 Million | -35.87% |
| 2010-06-30 | AU$11.26 Million | -2.55% |
| 2009-06-30 | AU$11.55 Million | -4.20% |
| 2008-06-30 | AU$12.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Great Northern Minerals 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 2700278600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$87.57 Million | 6480.87% |
| Other Comprehensive Income | AU$997.26K | 73.80% |
| Total Equity | AU$1.35 Million | 100.00% |
Great Northern Minerals Ltd Competitors by Market Cap
The table below lists competitors of Great Northern Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TMT Investments PLC
LSE:TMT
|
$7.15 Million |
|
Logisys Inc
KQ:067730
|
$7.15 Million |
|
Zhong Yuan Bio-Technology Holdings Limited
PINK:ZHYBF
|
$7.15 Million |
|
Castelbajac Co. Ltd
KQ:308100
|
$7.15 Million |
|
Way 2 Vat Ltd
AU:W2V
|
$7.14 Million |
|
Kirkstone Metals Corp.
V:KSM
|
$7.14 Million |
|
Wonlim Corp.
KO:005820
|
$7.14 Million |
|
Koncar-Elektroindustrija d.d.
ZSE:KOEI
|
$7.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Great Northern Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,471,224 to 1,351,213, a change of -1,120,011 (-45.3%).
- Net loss of 615,539 reduced equity.
- Other comprehensive income increased equity by 40,031.
- Other factors decreased equity by 544,503.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-615.54K | -45.55% |
| Other Comprehensive Income | AU$40.03K | +2.96% |
| Other Changes | AU$-544.50K | -40.3% |
| Total Change | AU$- | -45.32% |
Book Value vs Market Value Analysis
This analysis compares Great Northern Minerals 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: 3.89x
- 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 increased from 0.00x to 3.89x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | AU$31.74 | AU$0.03 | x |
| 2009-06-30 | AU$18.21 | AU$0.03 | x |
| 2010-06-30 | AU$17.75 | AU$0.03 | x |
| 2011-06-30 | AU$11.38 | AU$0.03 | x |
| 2012-06-30 | AU$7.58 | AU$0.03 | x |
| 2013-06-30 | AU$4.98 | AU$0.03 | x |
| 2014-06-30 | AU$3.33 | AU$0.03 | x |
| 2015-06-30 | AU$2.26 | AU$0.03 | x |
| 2016-06-30 | AU$0.34 | AU$0.03 | x |
| 2017-06-30 | AU$0.64 | AU$0.03 | x |
| 2018-06-30 | AU$0.45 | AU$0.03 | x |
| 2019-06-30 | AU$0.19 | AU$0.03 | x |
| 2020-06-30 | AU$0.17 | AU$0.03 | x |
| 2021-06-30 | AU$0.07 | AU$0.03 | x |
| 2022-06-30 | AU$0.01 | AU$0.03 | x |
| 2023-06-30 | AU$0.03 | AU$0.03 | x |
| 2024-06-30 | AU$0.02 | AU$0.03 | x |
| 2025-06-30 | AU$0.01 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Great Northern Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -45.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3205.93%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.04x
- Recent ROE (-45.55%) is above the historical average (-127.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -12.83% | -2077.73% | 0.01x | 1.00x | AU$-2.75 Million |
| 2009 | -7.41% | -1528.75% | 0.00x | 1.00x | AU$-2.01 Million |
| 2010 | -5.27% | -2981.55% | 0.00x | 1.01x | AU$-1.72 Million |
| 2011 | -85.52% | 0.00% | 0.00x | 1.05x | AU$-6.90 Million |
| 2012 | -27.58% | 0.00% | 0.00x | 1.05x | AU$-2.07 Million |
| 2013 | -29.30% | 0.00% | 0.00x | 1.05x | AU$-1.63 Million |
| 2014 | -56.00% | 0.00% | 0.00x | 1.03x | AU$-2.03 Million |
| 2015 | -33.65% | -2260.69% | 0.01x | 1.26x | AU$-910.25K |
| 2016 | -381.31% | -23136.31% | 0.01x | 1.29x | AU$-2.95 Million |
| 2017 | -59.32% | -4672.01% | 0.01x | 1.05x | AU$-2.71 Million |
| 2018 | -151.11% | -34929.26% | 0.00x | 1.14x | AU$-5.36 Million |
| 2019 | -126.89% | -942.69% | 0.14x | 0.93x | AU$-2.64 Million |
| 2020 | -68.56% | -2178.32% | 0.04x | 0.89x | AU$-3.12 Million |
| 2021 | -74.27% | -153097.86% | 0.00x | 0.83x | AU$-3.98 Million |
| 2022 | -1085.19% | -384743.72% | 0.00x | 9.71x | AU$-6.99 Million |
| 2023 | 38.03% | 2760.83% | 0.01x | 1.32x | AU$1.01 Million |
| 2024 | -81.38% | -2961.35% | 0.02x | 1.52x | AU$-2.26 Million |
| 2025 | -45.55% | -3205.93% | 0.01x | 1.04x | AU$-750.66K |
Industry Comparison
This section compares Great Northern Minerals Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $23,959,302
- Average return on equity (ROE) among peers: -1270.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Great Northern Minerals Ltd (GNM) | AU$8.83 Million | -12.83% | 0.02x | $7.15 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |