Ironbark Zinc Ltd

AU:IBG Australia Other Industrial Metals & Mining
Market Cap
$10.67 Million
AU$17.23 Million AUD
Market Cap Rank
#28070 Global
#715 in Australia
Share Price
AU$0.25
Change (1 day)
+0.00%
52-Week Range
AU$0.25 - AU$0.25
All Time High
AU$0.38
Categories
Companies in Australia Other Industrial Metals & Mining
About

Ironbark Zinc Limited engages in the exploration and evaluation of mineral properties in Australia, Greenland, and Brazil. It explores for zinc, gold, copper, silver, lead, base and precious metals, and lithium deposits. The company was formerly known as Ironbark Gold Limited and changed its name to Ironbark Zinc Limited in November 2009. Ironbark Zinc Limited was incorporated in 2006 and is base… Read more

Ironbark Zinc Ltd (IBG) - Net Assets

Latest net assets as of June 2024: AU$1.51 Million AUD

Based on the latest financial reports, Ironbark Zinc Ltd (IBG) has net assets worth AU$1.51 Million AUD as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.39 Million) and total liabilities (AU$1.88 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$1.51 Million
% of Total Assets 44.58%
Annual Growth Rate 8.54%
5-Year Change -97.41%
10-Year Change 3245.29%
Growth Volatility 24614.15

Ironbark Zinc Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Ironbark Zinc 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 Ironbark Zinc Ltd (2006–2024)

The table below shows the annual net assets of Ironbark Zinc Ltd from 2006 to 2024.

Year Net Assets Change
2024-06-30 AU$1.51 Million -34.21%
2023-06-30 AU$2.30 Million -96.07%
2022-06-30 AU$58.46 Million -2.02%
2021-06-30 AU$59.67 Million +2.34%
2020-06-30 AU$58.31 Million +103939.76%
2019-06-30 AU$56.04K +3.44%
2018-06-30 AU$54.18K +13.87%
2017-06-30 AU$47.58K +3.69%
2016-06-30 AU$45.89K +1.50%
2015-06-30 AU$45.21K -50.06%
2014-06-30 AU$90.52K -99.90%
2013-06-30 AU$92.69 Million -2.16%
2012-06-30 AU$94.73 Million -37.57%
2011-06-30 AU$151.75 Million +6.87%
2010-06-30 AU$141.99 Million +17.99%
2009-06-30 AU$120.34 Million -1.65%
2008-06-30 AU$122.37 Million +3.78%
2007-06-30 AU$117.91 Million +33978.30%
2006-06-30 AU$346.00K --

Equity Component Analysis

This analysis shows how different components contribute to Ironbark Zinc 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 14163337700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$140.04 Million 9259.66%
Other Comprehensive Income AU$3.11 Million 205.33%
Total Equity AU$1.51 Million 100.00%

Ironbark Zinc Ltd Competitors by Market Cap

The table below lists competitors of Ironbark Zinc Ltd ranked by their market capitalization.

Company Market Cap
Groupe Tera SA
PA:ALGTR
 		$11.10 Million
Tribe Property Technologies Inc
OTCQB:TRPTF
 		$11.10 Million
Duxton Farms Ltd
AU:DBF
 		$11.11 Million
Phuong Nam Cultural JSC
VN:PNC
 		$11.11 Million
Fingerprint Cards AB Series B
LSE:0RGY
 		$11.10 Million
S P V I Public Company Limited
BK:SPVI
 		$11.10 Million
Livetech da Bahia Industria
SA:LVTC3
 		$11.09 Million
Muthoot Capital Services Limited
NSE:MUTHOOTCAP
 		$11.09 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,298,625 to 1,512,371, a change of -786,254 (-34.2%).
  • Net loss of 1,572,903 reduced equity.
  • Share repurchases of 46,084 reduced equity.
  • New share issuances of 910,836 increased equity.
  • Other comprehensive income decreased equity by 342,707.
  • Other factors increased equity by 264,604.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-1.57 Million -104.0%
Share Repurchases AU$46.08K -3.05%
Share Issuances AU$910.84K +60.23%
Other Comprehensive Income AU$-342.71K -22.66%
Other Changes AU$264.60K +17.5%
Total Change AU$- -34.21%

Book Value vs Market Value Analysis

This analysis compares Ironbark Zinc 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: 248.93x
  • 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 26.55x to 248.93x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-06-30 AU$0.01 AU$0.25 x
2007-06-30 AU$0.21 AU$0.25 x
2008-06-30 AU$0.59 AU$0.25 x
2009-06-30 AU$0.56 AU$0.25 x
2010-06-30 AU$0.56 AU$0.25 x
2011-06-30 AU$0.43 AU$0.25 x
2012-06-30 AU$0.26 AU$0.25 x
2013-06-30 AU$0.25 AU$0.25 x
2014-06-30 AU$0.00 AU$0.25 x
2015-06-30 AU$0.00 AU$0.25 x
2016-06-30 AU$0.00 AU$0.25 x
2017-06-30 AU$0.00 AU$0.25 x
2018-06-30 AU$0.00 AU$0.25 x
2019-06-30 AU$0.00 AU$0.25 x
2020-06-30 AU$0.07 AU$0.25 x
2021-06-30 AU$0.06 AU$0.25 x
2022-06-30 AU$0.05 AU$0.25 x
2023-06-30 AU$0.00 AU$0.25 x
2024-06-30 AU$0.00 AU$0.25 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ironbark Zinc 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): -104.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 2.24x
  • Recent ROE (-104.00%) is above the historical average (-621.73%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 -3.98% 0.00% 0.00x 1.10x AU$-48.37K
2007 -2.09% 0.00% 0.00x 1.01x AU$-14.25 Million
2008 -0.43% -233.78% 0.00x 1.04x AU$-12.76 Million
2009 -0.74% 0.00% 0.00x 1.01x AU$-12.92 Million
2010 -0.73% -248.43% 0.00x 1.01x AU$-15.23 Million
2011 -1.36% -463.15% 0.00x 1.01x AU$-17.24 Million
2012 -60.61% -17140.00% 0.00x 1.00x AU$-66.89 Million
2013 -2.25% -933.18% 0.00x 1.01x AU$-11.35 Million
2014 -5.15% -2.76% 1.85x 1.01x AU$-13.72K
2015 -107.16% -26.91% 3.95x 1.01x AU$-52.97K
2016 -2.60% -1.04% 2.48x 1.01x AU$-5.78K
2017 -3469.80% -1162.68% 2.95x 1.01x AU$-1.66 Million
2018 -3276.12% -1175.50% 2.76x 1.01x AU$-1.78 Million
2019 -2187.61% -950.39% 2.28x 1.01x AU$-1.23 Million
2020 -2.55% -757.14% 0.00x 1.04x AU$-7.31 Million
2021 -4.99% -5721.15% 0.00x 1.05x AU$-8.94 Million
2022 -6.39% -17800.00% 0.00x 1.04x AU$-9.58 Million
2023 -2574.34% -465574.29% 0.00x 1.94x AU$-59.40 Million
2024 -104.00% 0.00% 0.00x 2.24x AU$-1.72 Million

Industry Comparison

This section compares Ironbark Zinc 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
Ironbark Zinc Ltd (IBG) AU$1.51 Million -3.98% 1.24x $11.10 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