Legacy Iron Ore Ltd Net Assets
Legacy Iron Ore Ltd net assets. Based on the latest financial reports, Legacy Iron Ore Ltd (LCY) has net assets worth AU$28.87 Million AUD (≈ $20.42 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$37.89 Million ≈ $26.81 Million USD) and total liabilities (AU$9.03 Million ≈ $6.39 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. Also explore Legacy Iron Ore Ltd (LCY) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$28.87 Million |
| % of Total Assets | 76.17% |
| Annual Growth Rate | 3.54% |
| 5-Year Change | 23.8% |
| 10-Year Change | 102.47% |
| Growth Volatility | 43.82 |
Net Assets of Legacy Iron Ore Ltd (2008–2026)
Net assets of Legacy Iron Ore Ltd from 2008 to 2026. This chart illustrates how Legacy Iron Ore Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Legacy Iron Ore Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Legacy Iron Ore Ltd (2008–2026)
The table below shows the annual net assets of Legacy Iron Ore Ltd from 2008 to 2026. For live market cap and overall valuation, see Legacy Iron Ore Ltd (LCY) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | AU$28.87 Million ≈ $20.42 Million |
-0.27% |
| 2025-03-31 | AU$28.94 Million ≈ $20.48 Million |
-17.07% |
| 2024-03-31 | AU$34.90 Million ≈ $24.70 Million |
+37.83% |
| 2023-03-31 | AU$25.32 Million ≈ $17.92 Million |
+8.61% |
| 2022-03-31 | AU$23.32 Million ≈ $16.50 Million |
-2.38% |
| 2021-03-31 | AU$23.89 Million ≈ $16.90 Million |
+8.93% |
| 2020-03-31 | AU$21.93 Million ≈ $15.51 Million |
+69.85% |
| 2019-03-31 | AU$12.91 Million ≈ $9.13 Million |
-5.69% |
| 2018-03-31 | AU$13.69 Million ≈ $9.69 Million |
-3.99% |
| 2017-03-31 | AU$14.26 Million ≈ $10.09 Million |
-7.03% |
| 2016-03-31 | AU$15.33 Million ≈ $10.85 Million |
-7.23% |
| 2015-03-31 | AU$16.53 Million ≈ $11.70 Million |
+120.10% |
| 2014-03-31 | AU$7.51 Million ≈ $5.31 Million |
-54.98% |
| 2013-03-31 | AU$16.68 Million ≈ $11.80 Million |
-40.35% |
| 2012-03-31 | AU$27.97 Million ≈ $19.79 Million |
+96.17% |
| 2011-03-31 | AU$14.26 Million ≈ $10.09 Million |
+14.75% |
| 2010-03-31 | AU$12.42 Million ≈ $8.79 Million |
+19.06% |
| 2009-03-31 | AU$10.43 Million ≈ $7.38 Million |
-32.39% |
| 2008-03-31 | AU$15.43 Million ≈ $10.92 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 9157048600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Legacy Iron Ore Ltd Net Assets Breakdown (March 2026)
Legacy Iron Ore Ltd net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$108.52 Million | 375.96% |
| Other Comprehensive Income | AU$17.65 Million | 61.13% |
| Total Equity | AU$28.87 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 |
|---|---|
|
SBH Marine Holdings Berhad
KLSE:0300
|
$34.56 Million |
|
Hudson Global Inc
NASDAQ:HSON
|
$34.56 Million |
|
RTG Mining Inc
TO:RTG
|
$34.57 Million |
|
Kunming Longjin Pharmaceutical Co Ltd
SHE:002750
|
$34.58 Million |
|
Total Soft Bank Ltd
KQ:045340
|
$34.53 Million |
|
Netgem SA
PA:ALNTG
|
$34.51 Million |
|
Victory Square Technologies Inc
F:6F6
|
$34.51 Million |
|
Baan Rock Garden Public Company Limited
BK:BROCK
|
$34.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Legacy Iron Ore Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 28,943,598 to 28,865,069, a change of -78,529 (-0.3%).
- Net loss of 556,379 reduced equity.
- Other comprehensive income increased equity by 477,850.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-556.38K | -1.93% |
| Other Comprehensive Income | AU$477.85K | +1.66% |
| Total Change | AU$- | -0.27% |
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: 1.69x
- 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 1.69x 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 |
| 2026-03-31 | AU$0.00 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Legacy Iron Ore Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.63%
- • Asset Turnover: 2.34x
- • Equity Multiplier: 1.31x
- Recent ROE (-1.93%) is above the historical average (-30.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -36.82% | 0.00% | 0.00x | 1.00x | AU$-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$-30.84 Million |
| 2026 | -1.93% | -0.63% | 2.34x | 1.31x | AU$-3.44 Million |
Industry Comparison
This section compares Legacy Iron Ore Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $30,858,984
- Average return on equity (ROE) among peers: -14.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Legacy Iron Ore Ltd (LCY) | AU$28.87 Million | -36.82% | 0.31x | $34.54 Million |
| Australasian Metals Ltd (A8G) | $7.19 Million | -3.48% | 0.03x | $4.98 Million |
| Ariana Resources Plc (AA2) | $43.27 Million | 6.22% | 0.05x | $36.40 Million |
| Aruma Resources Ltd (AAJ) | $2.79 Million | -55.76% | 0.06x | $1.56 Million |
| Astral Resources NL (AAR) | $20.82 Million | -11.30% | 0.10x | $165.67 Million |
| Antilles Gold Ltd (AAU) | $462.96K | -37.13% | 1.22x | $11.60 Million |
| Adelong Gold Ltd (ADG) | $6.07 Million | -37.26% | 0.07x | $7.55 Million |
| Ardiden Ltd (ADV) | $5.19 Million | -11.16% | 0.05x | $50.94 Million |
| Australian Gold and Copper Ltd (AGC) | $35.56 Million | -3.06% | 0.02x | $18.10 Million |
| Ark Mines Ltd (AHK) | $-3.15 Million | 0.00% | 0.00x | $14.07 Million |
| Alkane Resources Ltd (ALK) | $190.40 Million | 12.85% | 0.22x | $1.51 Billion |
About Legacy Iron Ore Ltd
Legacy Iron Ore Limited engages in the exploration, evaluation, and development of mineral properties in Australia. The company operates through Iron ore exploration and development in Australia; Gold exploration and development in Australia; and Base metals and other critical minerals (OCM) exploration and development in Australia segments. It primarily explores for tungsten, nickel, copper, lit… Read more