Heavy Minerals Ltd (HVY) - Net Assets
Based on the latest financial reports, Heavy Minerals Ltd (HVY) has net assets worth AU$2.33 Million AUD (≈ $1.65 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$5.31 Million ≈ $3.75 Million USD) and total liabilities (AU$2.97 Million ≈ $2.10 Million 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 HVY cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$2.33 Million |
| % of Total Assets | 43.93% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.36 |
Heavy Minerals Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Heavy Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Heavy Minerals Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Heavy Minerals Ltd (2019–2024)
The table below shows the annual net assets of Heavy Minerals Ltd from 2019 to 2024. For live valuation and market cap data, see HVY market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$2.33 Million ≈ $1.65 Million |
-27.45% |
| 2023-12-31 | AU$3.21 Million ≈ $2.27 Million |
-7.25% |
| 2022-12-31 | AU$3.46 Million ≈ $2.45 Million |
-20.29% |
| 2021-12-31 | AU$4.35 Million ≈ $3.07 Million |
+1918.16% |
| 2020-12-31 | AU$-239.01K ≈ $-169.12K |
+57.63% |
| 2019-12-31 | AU$-564.06K ≈ $-399.11K |
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Equity Component Analysis
This analysis shows how different components contribute to Heavy 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 728506300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$9.39 Million | 395.40% |
| Other Comprehensive Income | AU$1.72 Million | 72.27% |
| Total Equity | AU$2.37 Million | 100.00% |
Heavy Minerals Ltd Competitors by Market Cap
The table below lists competitors of Heavy Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Transtema Group AB
ST:TRANS
|
$26.16 Million |
|
Hydrotek Public Company Limited
BK:HYDRO
|
$26.17 Million |
|
CompuLab Ltd
TA:CLAB
|
$26.17 Million |
|
Andromeda Metals Ltd
AU:ADN
|
$26.17 Million |
|
Black Dragon Gold Corp
AU:BDG
|
$26.12 Million |
|
Getin Holding SA
WAR:GTN
|
$26.11 Million |
|
InfoBank Corporation
KQ:039290
|
$26.11 Million |
|
Luster Industries Bhd
KLSE:5068
|
$26.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heavy Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,256,097 to 2,374,293, a change of -881,804 (-27.1%).
- Net loss of 1,482,036 reduced equity.
- Share repurchases of 216,250 reduced equity.
- Other comprehensive income increased equity by 361,946.
- Other factors increased equity by 454,536.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.48 Million | -62.42% |
| Share Repurchases | AU$216.25K | -9.11% |
| Other Comprehensive Income | AU$361.95K | +15.24% |
| Other Changes | AU$454.54K | +19.14% |
| Total Change | AU$- | -27.08% |
Book Value vs Market Value Analysis
This analysis compares Heavy 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: 15.02x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | AU$-0.01 | AU$0.54 | x |
| 2020-12-31 | AU$0.00 | AU$0.54 | x |
| 2021-12-31 | AU$0.08 | AU$0.54 | x |
| 2022-12-31 | AU$0.07 | AU$0.54 | x |
| 2023-12-31 | AU$0.06 | AU$0.54 | x |
| 2024-12-31 | AU$0.04 | AU$0.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heavy Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -62.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3357.96%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 2.23x
- Recent ROE (-62.42%) is below the historical average (-25.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -694835.71% | 0.00x | 0.00x | AU$-336.87K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-2.42 Million |
| 2021 | -23.88% | -11905.52% | 0.00x | 1.02x | AU$-1.49 Million |
| 2022 | -33.41% | -4285.92% | 0.01x | 1.01x | AU$-1.52 Million |
| 2023 | -35.22% | -2854.79% | 0.01x | 1.35x | AU$-1.47 Million |
| 2024 | -62.42% | -3357.96% | 0.01x | 2.23x | AU$-1.72 Million |
Industry Comparison
This section compares Heavy Minerals 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 |
|---|---|---|---|---|
| Heavy Minerals Ltd (HVY) | AU$2.33 Million | 0.00% | 1.28x | $26.14 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 Heavy Minerals Ltd
Heavy Minerals Limited engages in the exploration and development of industrial mineral resource projects in Australia, Mauritius, and Mozambique. It explores for industrial garnet, ilmenite, zircon, leucoxene, rutile, and other mineral deposits. The company's primary project is 100% owned the Port Gregory Garnet project that covers an area of 227.28 square kilometers located near the North of Ge… Read more