Inca Minerals Ltd
Inca Minerals Limited, a junior resource company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Australia. It explores for gold, copper, lithium, porphyry, and porphyry-related and iron oxide copper gold deposits. The company is based in Subiaco, Australia.
Inca Minerals Ltd (ICG) - Net Assets
Latest net assets as of December 2024: AU$10.40 Million AUD
Based on the latest financial reports, Inca Minerals Ltd (ICG) has net assets worth AU$10.40 Million AUD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$10.68 Million) and total liabilities (AU$283.19K). 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$10.40 Million |
| % of Total Assets | 97.35% |
| Annual Growth Rate | 2.37% |
| 5-Year Change | 53.28% |
| 10-Year Change | 13.66% |
| Growth Volatility | 247.62 |
Inca Minerals Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Inca 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 Inca Minerals Ltd (2008–2024)
The table below shows the annual net assets of Inca Minerals Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$10.28 Million | -20.47% |
| 2023-06-30 | AU$12.93 Million | -7.54% |
| 2022-06-30 | AU$13.99 Million | -28.32% |
| 2021-06-30 | AU$19.51 Million | +190.83% |
| 2020-06-30 | AU$6.71 Million | +3.02% |
| 2019-06-30 | AU$6.51 Million | +13.03% |
| 2018-06-30 | AU$5.76 Million | +9.32% |
| 2017-06-30 | AU$5.27 Million | +1003.68% |
| 2016-06-30 | AU$477.51K | -94.72% |
| 2015-06-30 | AU$9.05 Million | -14.67% |
| 2014-06-30 | AU$10.60 Million | -13.97% |
| 2013-06-30 | AU$12.32 Million | +28.73% |
| 2012-06-30 | AU$9.57 Million | +46.91% |
| 2011-06-30 | AU$6.52 Million | -3.65% |
| 2010-06-30 | AU$6.76 Million | -3.25% |
| 2009-06-30 | AU$6.99 Million | -1.18% |
| 2008-06-30 | AU$7.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Inca 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 436609.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$62.66 Million | 609.31% |
| Other Comprehensive Income | AU$7.78K | 0.08% |
| Total Equity | AU$10.28 Million | 100.00% |
Inca Minerals Ltd Competitors by Market Cap
The table below lists competitors of Inca Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tower One Wireless Corp
STU:1P3N
|
$1.64 Million |
|
Tokyo Plast International Limited
NSE:TOKYOPLAST
|
$1.64 Million |
|
TechCom Inc
PINK:TCRI
|
$1.64 Million |
|
PFEIFFER VACU TECH - Dusseldorf Stock Exchang
DU:PFV
|
$1.64 Million |
|
Sirona Biochem Corp
PINK:SRBCF
|
$1.63 Million |
|
Shuttle Pharmaceuticals Inc
NASDAQ:SHPH
|
$1.63 Million |
|
Kula Gold Ltd
AU:KGD
|
$1.63 Million |
|
Damodar Industries Limited
NSE:DAMODARIND
|
$1.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inca Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,930,458 to 10,283,300, a change of -2,647,158 (-20.5%).
- Net loss of 6,099,000 reduced equity.
- Share repurchases of 2,199,240 reduced equity.
- New share issuances of 2,199,239 increased equity.
- Other comprehensive income increased equity by 290,742.
- Other factors increased equity by 3,161,101.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-6.10 Million | -59.31% |
| Share Repurchases | AU$2.20 Million | -21.39% |
| Share Issuances | AU$2.20 Million | +21.39% |
| Other Comprehensive Income | AU$290.74K | +2.83% |
| Other Changes | AU$3.16 Million | +30.74% |
| Total Change | AU$- | -20.47% |
Book Value vs Market Value Analysis
This analysis compares Inca 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: 0.27x
- 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 0.00x to 0.27x 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$1.85 | AU$0.00 | x |
| 2009-06-30 | AU$1.73 | AU$0.00 | x |
| 2010-06-30 | AU$1.64 | AU$0.00 | x |
| 2011-06-30 | AU$1.57 | AU$0.00 | x |
| 2012-06-30 | AU$1.46 | AU$0.00 | x |
| 2013-06-30 | AU$0.65 | AU$0.00 | x |
| 2014-06-30 | AU$0.36 | AU$0.00 | x |
| 2015-06-30 | AU$0.23 | AU$0.00 | x |
| 2016-06-30 | AU$0.01 | AU$0.00 | x |
| 2017-06-30 | AU$0.04 | AU$0.00 | x |
| 2018-06-30 | AU$0.04 | AU$0.00 | x |
| 2019-06-30 | AU$0.04 | AU$0.00 | x |
| 2020-06-30 | AU$0.03 | AU$0.00 | x |
| 2021-06-30 | AU$0.05 | AU$0.00 | x |
| 2022-06-30 | AU$0.03 | AU$0.00 | x |
| 2023-06-30 | AU$0.03 | AU$0.00 | x |
| 2024-06-30 | AU$0.02 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inca Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -59.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2279.17%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.03x
- Recent ROE (-59.31%) is above the historical average (-185.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.17% | 100.77% | 0.00x | 1.03x | AU$-695.41K |
| 2009 | -0.37% | -9.39% | 0.04x | 1.00x | AU$-725.18K |
| 2010 | -2.53% | -87.31% | 0.03x | 1.02x | AU$-847.52K |
| 2011 | -8.09% | -260.89% | 0.03x | 1.03x | AU$-1.18 Million |
| 2012 | -40.64% | -2903.73% | 0.01x | 1.02x | AU$-4.85 Million |
| 2013 | -28.62% | -7141.41% | 0.00x | 1.01x | AU$-4.76 Million |
| 2014 | -27.84% | -5418.30% | 0.00x | 1.03x | AU$-4.01 Million |
| 2015 | -49.78% | -13286.53% | 0.00x | 1.03x | AU$-5.41 Million |
| 2016 | -2751.14% | -63939.45% | 0.03x | 1.53x | AU$-13.18 Million |
| 2017 | -25.69% | -9601.47% | 0.00x | 1.04x | AU$-1.88 Million |
| 2018 | -22.08% | -1514.96% | 0.01x | 1.12x | AU$-1.85 Million |
| 2019 | -28.87% | -673.03% | 0.03x | 1.31x | AU$-2.53 Million |
| 2020 | -21.96% | -4089.62% | 0.00x | 1.51x | AU$-2.14 Million |
| 2021 | 7.46% | 49.01% | 0.15x | 1.04x | AU$-496.12K |
| 2022 | -84.79% | -6111.24% | 0.01x | 1.08x | AU$-13.26 Million |
| 2023 | -11.21% | -1358.85% | 0.01x | 1.05x | AU$-2.74 Million |
| 2024 | -59.31% | -2279.17% | 0.03x | 1.03x | AU$-7.13 Million |
Industry Comparison
This section compares Inca 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: $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 |
|---|---|---|---|---|
| Inca Minerals Ltd (ICG) | AU$10.40 Million | 0.17% | 0.03x | $1.64 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 |