Legacy Iron Ore Ltd
Legacy Iron Ore Limited engages in the exploration, evaluation, and development of mineral properties in Australia. The company operates through Irone Ore, Gold, and Base Metals and Other Critical Minerals segments. It primarily explores for tungsten, nickel, copper, lithium, magnetite, and rare earth metals. The company's flagship property is the Mount Bevan project located in Yilgarn region of … Read more
Legacy Iron Ore Ltd (LCY) - Net Assets
Latest net assets as of September 2025: AU$26.90 Million AUD
Based on the latest financial reports, Legacy Iron Ore Ltd (LCY) has net assets worth AU$26.90 Million AUD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$37.29 Million) and total liabilities (AU$10.39 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$26.90 Million |
| % of Total Assets | 72.14% |
| Annual Growth Rate | 3.77% |
| 5-Year Change | 21.18% |
| 10-Year Change | 88.75% |
| Growth Volatility | 44.99 |
Legacy Iron Ore Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Legacy Iron Ore 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 Legacy Iron Ore Ltd (2008–2025)
The table below shows the annual net assets of Legacy Iron Ore Ltd from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | AU$28.94 Million | -17.07% |
| 2024-03-31 | AU$34.90 Million | +37.83% |
| 2023-03-31 | AU$25.32 Million | +8.61% |
| 2022-03-31 | AU$23.32 Million | -2.38% |
| 2021-03-31 | AU$23.89 Million | +8.93% |
| 2020-03-31 | AU$21.93 Million | +69.85% |
| 2019-03-31 | AU$12.91 Million | -5.69% |
| 2018-03-31 | AU$13.69 Million | -3.99% |
| 2017-03-31 | AU$14.26 Million | -7.03% |
| 2016-03-31 | AU$15.33 Million | -7.23% |
| 2015-03-31 | AU$16.53 Million | +120.10% |
| 2014-03-31 | AU$7.51 Million | -54.98% |
| 2013-03-31 | AU$16.68 Million | -40.35% |
| 2012-03-31 | AU$27.97 Million | +96.17% |
| 2011-03-31 | AU$14.26 Million | +14.75% |
| 2010-03-31 | AU$12.42 Million | +19.06% |
| 2009-03-31 | AU$10.43 Million | -32.39% |
| 2008-03-31 | AU$15.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Legacy Iron Ore 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 9101410700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$108.52 Million | 374.94% |
| Other Comprehensive Income | AU$17.17 Million | 59.32% |
| Total Equity | AU$28.94 Million | 100.00% |
Legacy Iron Ore Ltd Competitors by Market Cap
The table below lists competitors of Legacy Iron Ore Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ragusa Minerals Ltd
AU:RAS
|
$2.19 Million |
|
CleanCore Solutions Inc.
NYSE MKT:ZONE
|
$2.19 Million |
|
TANTALEX LITHIUM RES.CORP
F:DW8
|
$2.20 Million |
|
Shinsegae Co. Ltd.
KQ:004170
|
$2.20 Million |
|
Joe Holding Bhd
KLSE:7096
|
$2.19 Million |
|
M3 Metals Corp
OTCQB:MLGCF
|
$2.19 Million |
|
Xox Networks Bhd
KLSE:0140
|
$2.19 Million |
|
YKGI Holdings Bhd
KLSE:7020
|
$2.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Legacy Iron Ore Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 34,902,619 to 28,943,598, a change of -5,959,021 (-17.1%).
- Net loss of 27,948,286 reduced equity.
- Share repurchases of 317,823 reduced equity.
- New share issuances of 22,533,438 increased equity.
- Other comprehensive income decreased equity by 226,350.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-27.95 Million | -96.56% |
| Share Repurchases | AU$317.82K | -1.1% |
| Share Issuances | AU$22.53 Million | +77.85% |
| Other Comprehensive Income | AU$-226.35K | -0.78% |
| Total Change | AU$- | -17.07% |
Book Value vs Market Value Analysis
This analysis compares Legacy Iron Ore 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: 2.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.01x to 2.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | AU$0.69 | AU$0.01 | x |
| 2009-03-31 | AU$0.09 | AU$0.01 | x |
| 2010-03-31 | AU$0.08 | AU$0.01 | x |
| 2011-03-31 | AU$0.07 | AU$0.01 | x |
| 2012-03-31 | AU$0.06 | AU$0.01 | x |
| 2013-03-31 | AU$0.03 | AU$0.01 | x |
| 2014-03-31 | AU$0.01 | AU$0.01 | x |
| 2015-03-31 | AU$0.01 | AU$0.01 | x |
| 2016-03-31 | AU$0.01 | AU$0.01 | x |
| 2017-03-31 | AU$0.01 | AU$0.01 | x |
| 2018-03-31 | AU$0.01 | AU$0.01 | x |
| 2019-03-31 | AU$0.01 | AU$0.01 | x |
| 2020-03-31 | AU$0.01 | AU$0.01 | x |
| 2021-03-31 | AU$0.00 | AU$0.01 | x |
| 2022-03-31 | AU$0.00 | AU$0.01 | x |
| 2023-03-31 | AU$0.00 | AU$0.01 | x |
| 2024-03-31 | AU$0.01 | AU$0.01 | x |
| 2025-03-31 | AU$0.00 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Legacy Iron Ore Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -96.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -64.48%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 1.31x
- Recent ROE (-96.56%) is below the historical average (-32.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -36.82% | 0.00% | 0.00x | 1.00x | AU$-7.94 Million |
| 2009 | -37.06% | 0.00% | 0.00x | 1.08x | AU$-4.91 Million |
| 2010 | -36.17% | 0.00% | 0.00x | 1.02x | AU$-5.74 Million |
| 2011 | -45.08% | -32586.34% | 0.00x | 1.05x | AU$-7.85 Million |
| 2012 | -34.39% | -335908.21% | 0.00x | 1.06x | AU$-12.41 Million |
| 2013 | -71.62% | -5691.88% | 0.01x | 1.07x | AU$-13.62 Million |
| 2014 | -130.14% | -57928.90% | 0.00x | 1.51x | AU$-10.52 Million |
| 2015 | -28.55% | -1748.21% | 0.02x | 1.02x | AU$-6.37 Million |
| 2016 | -9.26% | -604.48% | 0.02x | 1.01x | AU$-2.95 Million |
| 2017 | -7.47% | -654.23% | 0.01x | 1.01x | AU$-2.49 Million |
| 2018 | -6.46% | -647.15% | 0.01x | 1.01x | AU$-2.25 Million |
| 2019 | -6.34% | -1398.84% | 0.00x | 1.01x | AU$-2.11 Million |
| 2020 | -4.08% | -1038.28% | 0.00x | 1.01x | AU$-3.09 Million |
| 2021 | -2.90% | -565.36% | 0.01x | 1.01x | AU$-3.08 Million |
| 2022 | -4.34% | -2926.21% | 0.00x | 1.01x | AU$-3.34 Million |
| 2023 | 7.93% | 4014.00% | 0.00x | 1.01x | AU$-525.33K |
| 2024 | -27.48% | -460.48% | 0.04x | 1.35x | AU$-13.08 Million |
| 2025 | -96.56% | -64.48% | 1.14x | 1.31x | AU$-30.84 Million |
Industry Comparison
This section compares Legacy Iron Ore 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 |
|---|---|---|---|---|
| Legacy Iron Ore Ltd (LCY) | AU$26.90 Million | -36.82% | 0.39x | $2.19 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 |