Great Western Exploration Ltd (GTE) - Net Assets
Based on the latest financial reports, Great Western Exploration Ltd (GTE) has net assets worth AU$13.20 Million AUD (≈ $9.34 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$13.56 Million ≈ $9.59 Million USD) and total liabilities (AU$357.40K ≈ $252.88K 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 asset resilience ratio of Great Western Exploration Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$13.20 Million |
| % of Total Assets | 97.36% |
| Annual Growth Rate | 7.56% |
| 5-Year Change | -16.24% |
| 10-Year Change | 320.32% |
| Growth Volatility | 39.18 |
Great Western Exploration Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Great Western Exploration Ltd's net assets have evolved over time, based on quarterly financial data. Also explore GTE total assets for the complete picture of this company's asset base.
Annual Net Assets for Great Western Exploration Ltd (2007–2025)
The table below shows the annual net assets of Great Western Exploration Ltd from 2007 to 2025. For live valuation and market cap data, see Great Western Exploration Ltd (GTE) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$13.20 Million ≈ $9.34 Million |
+3.15% |
| 2024-06-30 | AU$12.80 Million ≈ $9.05 Million |
-16.42% |
| 2023-06-30 | AU$15.31 Million ≈ $10.83 Million |
-16.46% |
| 2022-06-30 | AU$18.33 Million ≈ $12.97 Million |
+16.29% |
| 2021-06-30 | AU$15.76 Million ≈ $11.15 Million |
+67.21% |
| 2020-06-30 | AU$9.43 Million ≈ $6.67 Million |
-15.13% |
| 2019-06-30 | AU$11.11 Million ≈ $7.86 Million |
+5.51% |
| 2018-06-30 | AU$10.53 Million ≈ $7.45 Million |
+55.62% |
| 2017-06-30 | AU$6.76 Million ≈ $4.79 Million |
+115.37% |
| 2016-06-30 | AU$3.14 Million ≈ $2.22 Million |
-39.39% |
| 2015-06-30 | AU$5.18 Million ≈ $3.67 Million |
-10.11% |
| 2014-06-30 | AU$5.76 Million ≈ $4.08 Million |
-2.52% |
| 2013-06-30 | AU$5.91 Million ≈ $4.18 Million |
-31.02% |
| 2012-06-30 | AU$8.57 Million ≈ $6.06 Million |
+18.18% |
| 2011-06-30 | AU$7.25 Million ≈ $5.13 Million |
+25.01% |
| 2010-06-30 | AU$5.80 Million ≈ $4.11 Million |
+69.58% |
| 2009-06-30 | AU$3.42 Million ≈ $2.42 Million |
-16.67% |
| 2008-06-30 | AU$4.11 Million ≈ $2.90 Million |
+15.42% |
| 2007-06-30 | AU$3.56 Million ≈ $2.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Great Western Exploration 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 4198800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$53.12 Million | 402.40% |
| Other Comprehensive Income | AU$2.19 Million | 16.60% |
| Total Equity | AU$13.20 Million | 100.00% |
Great Western Exploration Ltd Competitors by Market Cap
The table below lists competitors of Great Western Exploration Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gold Pacific Co. Ltd
KQ:038530
|
$6.53 Million |
|
Dogness International Corp Class A
NASDAQ:DOGZ
|
$6.53 Million |
|
Surya Biru Murni Acetylene Tbk PT
JK:SBMA
|
$6.54 Million |
|
BioLight Life Sciences Ltd
TA:BOLT
|
$6.55 Million |
|
Fidelity Minerals Corp
V:FMN
|
$6.53 Million |
|
Manhattan Corporation Limited
F:32U
|
$6.52 Million |
|
Eng Kah Corporation Bhd
KLSE:7149
|
$6.51 Million |
|
Hays plc
LSE:HAS
|
$6.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Great Western Exploration Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,796,901 to 13,200,295, a change of 403,394 (3.2%).
- Net loss of 5,727,631 reduced equity.
- Share repurchases of 489,451 reduced equity.
- New share issuances of 6,080,000 increased equity.
- Other comprehensive income increased equity by 299,702.
- Other factors increased equity by 240,774.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-5.73 Million | -43.39% |
| Share Repurchases | AU$489.45K | -3.71% |
| Share Issuances | AU$6.08 Million | +46.06% |
| Other Comprehensive Income | AU$299.70K | +2.27% |
| Other Changes | AU$240.77K | +1.82% |
| Total Change | AU$- | 3.15% |
Book Value vs Market Value Analysis
This analysis compares Great Western Exploration 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: 0.50x
- 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 increased from 0.01x to 0.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | AU$2.53 | AU$0.01 | x |
| 2008-06-30 | AU$3.85 | AU$0.01 | x |
| 2009-06-30 | AU$1.54 | AU$0.01 | x |
| 2010-06-30 | AU$2.34 | AU$0.01 | x |
| 2011-06-30 | AU$2.33 | AU$0.01 | x |
| 2012-06-30 | AU$2.39 | AU$0.01 | x |
| 2013-06-30 | AU$1.57 | AU$0.01 | x |
| 2014-06-30 | AU$2.67 | AU$0.01 | x |
| 2015-06-30 | AU$1.85 | AU$0.01 | x |
| 2016-06-30 | AU$0.83 | AU$0.01 | x |
| 2017-06-30 | AU$0.98 | AU$0.01 | x |
| 2018-06-30 | AU$0.77 | AU$0.01 | x |
| 2019-06-30 | AU$0.31 | AU$0.01 | x |
| 2020-06-30 | AU$0.12 | AU$0.01 | x |
| 2021-06-30 | AU$0.20 | AU$0.01 | x |
| 2022-06-30 | AU$0.13 | AU$0.01 | x |
| 2023-06-30 | AU$0.08 | AU$0.01 | x |
| 2024-06-30 | AU$0.04 | AU$0.01 | x |
| 2025-06-30 | AU$0.03 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Great Western Exploration Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -43.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3104.88%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.03x
- Recent ROE (-43.39%) is below the historical average (-30.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -3.42% | 0.00% | 0.00x | 1.01x | AU$-477.24K |
| 2008 | -29.55% | 0.00% | 0.00x | 1.04x | AU$-1.62 Million |
| 2009 | -20.00% | 0.00% | 0.00x | 1.02x | AU$-1.03 Million |
| 2010 | -11.85% | 0.00% | 0.00x | 1.04x | AU$-1.27 Million |
| 2011 | -24.46% | 0.00% | 0.00x | 1.02x | AU$-2.50 Million |
| 2012 | -36.70% | 0.00% | 0.00x | 1.03x | AU$-4.00 Million |
| 2013 | -54.88% | 0.00% | 0.00x | 1.05x | AU$-3.84 Million |
| 2014 | -76.81% | 0.00% | 0.00x | 1.05x | AU$-5.00 Million |
| 2015 | -31.35% | -38865.79% | 0.00x | 1.10x | AU$-2.14 Million |
| 2016 | -88.80% | -2035.94% | 0.04x | 1.17x | AU$-3.10 Million |
| 2017 | -19.86% | -259.04% | 0.07x | 1.10x | AU$-2.02 Million |
| 2018 | -10.16% | -9233.16% | 0.00x | 1.03x | AU$-2.12 Million |
| 2019 | -6.56% | -3536.45% | 0.00x | 1.03x | AU$-1.84 Million |
| 2020 | -19.18% | -9786.55% | 0.00x | 1.03x | AU$-2.75 Million |
| 2021 | -14.36% | -2794.05% | 0.01x | 1.01x | AU$-3.84 Million |
| 2022 | -3.27% | -101098.65% | 0.00x | 1.02x | AU$-2.43 Million |
| 2023 | -38.29% | -19522.38% | 0.00x | 1.02x | AU$-7.39 Million |
| 2024 | -43.80% | -25328.89% | 0.00x | 1.08x | AU$-6.88 Million |
| 2025 | -43.39% | -3104.88% | 0.01x | 1.03x | AU$-7.05 Million |
Industry Comparison
This section compares Great Western Exploration 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: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Great Western Exploration Ltd (GTE) | AU$13.20 Million | -3.42% | 0.03x | $6.53 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About Great Western Exploration Ltd
Great Western Exploration Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia. It operates through Mineral Exploration, and Finance and Administration segments. The company primarily explores for gold, copper, and base metal deposits. It owns 100% interest in the Yerrida North Project located in the western portion of the Yerrida basin; Lake Way … Read more