Legacy Iron Ore Ltd (LCY) - 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. Check LCY goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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 |
Legacy Iron Ore Ltd - Net Assets Trend (2008–2026)
This chart illustrates how Legacy Iron Ore Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Legacy Iron Ore Ltd fund operations to measure how many days the company can operate on defensive assets alone.
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 valuation and market cap data, 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.
Current Equity Component Breakdown (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 |
|---|---|
|
China Television Co
TW:9928
|
$41.44 Million |
|
Opnet Technologies Co Ltd
TWO:8034
|
$41.46 Million |
|
Rocketboots Ltd
AU:ROC
|
$41.46 Million |
|
Ekso Bionics Holdings Inc
NASDAQ:EKSO
|
$41.51 Million |
|
Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS
IS:IHLGM
|
$41.44 Million |
|
Globalink Investment Inc
NASDAQ:GLLI
|
$41.43 Million |
|
Sungmoon Elect
KO:014910
|
$41.43 Million |
|
DT Cloud Star Acquisition Corporation Ordinary Shares
NASDAQ:DTSQ
|
$41.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Legacy Iron Ore Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 28,943,598 to 28,865,069, a change of -78,529 (-0.3%).
- Net loss of 556,379 reduced equity.
- Other comprehensive income increased equity by 477,850.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-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: 2.03x
- 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 2.03x 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 Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $4,061,480
- Average return on equity (ROE) among peers: -1631.41%
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 | $41.44 Million |
| Morella Corporation Ltd (1MC) | $26.74 Million | -3.42% | 0.33x | $7.21 Million |
| Amaero Ltd (3DA) | $8.19 Million | -70.52% | 0.51x | $185.35 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $150.34 Million |
| Atlantic Lithium Ltd (A11) | $138.00K | -62.13% | 3.42x | $175.81 Million |
| African Gold Ltd (A1G) | $10.30 Million | -17.56% | 0.09x | $419.02 Million |
| Albright Metals Ltd (ABR) | $11.97 Million | -13.72% | 0.04x | $3.15 Million |
| Audalia Resources Ltd (ACP) | $3.93 Million | -26.01% | 0.91x | $14.69 Million |
| Accent Resources NL (ACS) | $11.92 Million | -12.41% | 0.02x | $13.51 Million |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $3.42 Million |
| Andromeda Metals Ltd (ADN) | $6.91K | -16101.53% | 0.21x | $22.90 Million |
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 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