Iron Road Ltd (IRD) - Net Assets
Based on the latest financial reports, Iron Road Ltd (IRD) has net assets worth AU$40.28 Million AUD (≈ $28.50 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$40.78 Million ≈ $28.86 Million USD) and total liabilities (AU$503.59K ≈ $356.32K 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 Iron Road Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$40.28 Million |
| % of Total Assets | 98.77% |
| Annual Growth Rate | 21.25% |
| 5-Year Change | 1.2% |
| 10-Year Change | 10.16% |
| Growth Volatility | 47.24 |
Iron Road Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Iron Road Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Iron Road Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Iron Road Ltd (2008–2025)
The table below shows the annual net assets of Iron Road Ltd from 2008 to 2025. For live valuation and market cap data, see Iron Road Ltd (IRD) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$137.45 Million ≈ $97.26 Million |
+3.78% |
| 2024-06-30 | AU$132.44 Million ≈ $93.71 Million |
+0.07% |
| 2023-06-30 | AU$132.34 Million ≈ $93.64 Million |
-1.10% |
| 2022-06-30 | AU$133.82 Million ≈ $94.69 Million |
-1.48% |
| 2021-06-30 | AU$135.83 Million ≈ $96.11 Million |
+10.28% |
| 2020-06-30 | AU$123.16 Million ≈ $87.15 Million |
-1.70% |
| 2019-06-30 | AU$125.29 Million ≈ $88.65 Million |
-0.74% |
| 2018-06-30 | AU$126.23 Million ≈ $89.31 Million |
-2.49% |
| 2017-06-30 | AU$129.46 Million ≈ $91.60 Million |
+3.75% |
| 2016-06-30 | AU$124.78 Million ≈ $88.29 Million |
-4.44% |
| 2015-06-30 | AU$130.58 Million ≈ $92.39 Million |
-3.58% |
| 2014-06-30 | AU$135.43 Million ≈ $95.83 Million |
+52.98% |
| 2013-06-30 | AU$88.53 Million ≈ $62.64 Million |
+64.13% |
| 2012-06-30 | AU$53.94 Million ≈ $38.17 Million |
+4153.45% |
| 2011-06-30 | AU$-1.33 Million ≈ $-941.59K |
-154.12% |
| 2010-06-30 | AU$2.46 Million ≈ $1.74 Million |
+31.97% |
| 2009-06-30 | AU$1.86 Million ≈ $1.32 Million |
-64.15% |
| 2008-06-30 | AU$5.20 Million ≈ $3.68 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Iron Road 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 4968926700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$181.84 Million | 132.29% |
| Other Comprehensive Income | AU$5.68 Million | 4.13% |
| Total Equity | AU$137.45 Million | 100.00% |
Iron Road Ltd Competitors by Market Cap
The table below lists competitors of Iron Road Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Uni-Fuels Holdings Limited Class A Ordinary Shares
NASDAQ:UFG
|
$7.66 Million |
|
E-Pango SA
PA:ALAGO
|
$7.66 Million |
|
Morgan Advanced Materials plc
LSE:MGAM
|
$7.66 Million |
|
BPH Energy Ltd
AU:BPH
|
$7.66 Million |
|
Norwest Minerals Ltd
AU:NWM
|
$7.65 Million |
|
Dundas Minerals Ltd
AU:DUN
|
$7.65 Million |
|
Equity Story Group Ltd
AU:EQS
|
$7.64 Million |
|
JPMorgan European Growth & Income plc
LSE:JEGI
|
$7.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iron Road Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 132,440,938 to 137,452,559, a change of 5,011,621 (3.8%).
- Net income of 5,045,807 contributed positively to equity growth.
- Share repurchases of 168,447 reduced equity.
- Other comprehensive income decreased equity by 139,139.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$5.05 Million | +3.67% |
| Share Repurchases | AU$168.45K | -0.12% |
| Other Comprehensive Income | AU$-139.14K | -0.1% |
| Other Changes | AU$273.40K | +0.2% |
| Total Change | AU$- | 3.78% |
Book Value vs Market Value Analysis
This analysis compares Iron Road 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: 0.08x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | AU$0.23 | AU$0.01 | x |
| 2009-06-30 | AU$0.07 | AU$0.01 | x |
| 2010-06-30 | AU$0.04 | AU$0.01 | x |
| 2011-06-30 | AU$-0.01 | AU$0.01 | x |
| 2012-06-30 | AU$0.36 | AU$0.01 | x |
| 2013-06-30 | AU$0.33 | AU$0.01 | x |
| 2014-06-30 | AU$0.24 | AU$0.01 | x |
| 2015-06-30 | AU$0.23 | AU$0.01 | x |
| 2016-06-30 | AU$0.21 | AU$0.01 | x |
| 2017-06-30 | AU$0.19 | AU$0.01 | x |
| 2018-06-30 | AU$0.19 | AU$0.01 | x |
| 2019-06-30 | AU$0.18 | AU$0.01 | x |
| 2020-06-30 | AU$0.18 | AU$0.01 | x |
| 2021-06-30 | AU$0.18 | AU$0.01 | x |
| 2022-06-30 | AU$0.17 | AU$0.01 | x |
| 2023-06-30 | AU$0.16 | AU$0.01 | x |
| 2024-06-30 | AU$0.16 | AU$0.01 | x |
| 2025-06-30 | AU$0.16 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iron Road Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 65.60%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.01x
- Recent ROE (3.67%) is above the historical average (-41.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -7.33% | -1269.58% | 0.01x | 1.03x | AU$-900.55K |
| 2009 | -247.16% | -1540133.78% | 0.00x | 1.26x | AU$-4.79 Million |
| 2010 | -459.54% | -11893.68% | 0.02x | 1.71x | AU$-11.54 Million |
| 2011 | 0.00% | -14212.93% | 0.06x | 0.00x | AU$-16.35 Million |
| 2012 | -4.71% | -556.24% | 0.01x | 1.05x | AU$-7.94 Million |
| 2013 | -5.45% | -607.97% | 0.01x | 1.07x | AU$-13.68 Million |
| 2014 | -3.46% | -379.87% | 0.01x | 1.01x | AU$-18.22 Million |
| 2015 | -3.76% | -1525.96% | 0.00x | 1.02x | AU$-17.97 Million |
| 2016 | -5.35% | -121788.32% | 0.00x | 1.04x | AU$-19.15 Million |
| 2017 | -3.03% | -89024.94% | 0.00x | 1.02x | AU$-16.87 Million |
| 2018 | -2.58% | -176847.83% | 0.00x | 1.05x | AU$-15.88 Million |
| 2019 | -1.73% | -160100.00% | 0.00x | 1.06x | AU$-14.69 Million |
| 2020 | -1.44% | -3486.79% | 0.00x | 1.07x | AU$-14.09 Million |
| 2021 | -4.00% | -10813.88% | 0.00x | 1.01x | AU$-19.02 Million |
| 2022 | -3.01% | -10594618.42% | 0.00x | 1.01x | AU$-17.41 Million |
| 2023 | -0.35% | -46.80% | 0.01x | 1.03x | AU$-13.70 Million |
| 2024 | -1.12% | -182.17% | 0.01x | 1.02x | AU$-14.73 Million |
| 2025 | 3.67% | 65.60% | 0.06x | 1.01x | AU$-8.70 Million |
Industry Comparison
This section compares Iron Road Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $536,883,345
- Average return on equity (ROE) among peers: -1909.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iron Road Ltd (IRD) | AU$40.28 Million | -7.33% | 0.01x | $7.65 Million |
| BCI Minerals Ltd (BCI) | $172.66 Million | 12.73% | 0.32x | $715.08 Million |
| Bisalloy Steel Group Ltd (BIS) | $6.31 Million | -68.31% | 7.72x | $158.06 Million |
| Bluescope Steel Ltd (BSL) | $4.40 Billion | -23.98% | 0.77x | $10.42 Billion |
| Equinox Resources Ltd (EQN) | $18.88 Million | -9.26% | 0.02x | $6.61 Million |
| Equatorial Resources Ltd (EQX) | $114.52K | -17116.09% | 2.44x | $14.42 Million |
| FENIX Resources Ltd (FEX) | $124.84 Million | 23.43% | 0.51x | $144.86 Million |
| Grange Resources Ltd (GRR) | $3.96 Million | 1.34% | 0.02x | $126.93 Million |
| GWR Group Ltd (GWR) | $77.05 Million | -5.32% | 0.02x | $22.90 Million |
| Macro Metals Ltd (M4M) | $32.03 Million | -2.46% | 0.32x | $22.63 Million |
About Iron Road Ltd
Iron Road Limited explores for and evaluates iron ore properties in Australia. Its flagship project is the 100% owned Central Eyre iron project located in the Eyre Peninsula of South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia. Iron Road Limited operates as a subsidiary of Sentient Executive GP IV, Limited.