Legend Mining Ltd (LEG) - Net Assets

Latest as of June 2025: AU$45.75 Million AUD ≈ $32.37 Million USD

Based on the latest financial reports, Legend Mining Ltd (LEG) has net assets worth AU$45.75 Million AUD (≈ $32.37 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$46.46 Million ≈ $32.87 Million USD) and total liabilities (AU$709.64K ≈ $502.12K 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 Legend Mining Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$45.75 Million
% of Total Assets	98.47%
Annual Growth Rate	N/A
5-Year Change	-2.12%
10-Year Change	184.95%
Growth Volatility	154.08

Legend Mining Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Legend Mining Ltd's net assets have evolved over time, based on quarterly financial data. Also explore LEG total assets for the complete picture of this company's asset base.

Annual Net Assets for Legend Mining Ltd (1994–2024)

The table below shows the annual net assets of Legend Mining Ltd from 1994 to 2024. For live valuation and market cap data, see market cap of Legend Mining Ltd.

Year	Net Assets	Change
2024-12-31	AU$48.80 Million ≈ $34.53 Million	-9.52%
2023-12-31	AU$53.94 Million ≈ $38.17 Million	+3.42%
2022-12-31	AU$52.16 Million ≈ $36.90 Million	-2.37%
2021-12-31	AU$53.42 Million ≈ $37.80 Million	+7.14%
2020-12-31	AU$49.86 Million ≈ $35.28 Million	+101.10%
2019-12-31	AU$24.80 Million ≈ $17.54 Million	+89.53%
2018-12-31	AU$13.08 Million ≈ $9.26 Million	-8.83%
2017-12-31	AU$14.35 Million ≈ $10.15 Million	-2.61%
2016-12-31	AU$14.73 Million ≈ $10.43 Million	-13.97%
2015-12-31	AU$17.13 Million ≈ $12.12 Million	+0.35%
2014-12-31	AU$17.07 Million ≈ $12.08 Million	-23.65%
2013-12-31	AU$22.35 Million ≈ $15.82 Million	-56.93%
2012-12-31	AU$51.90 Million ≈ $36.72 Million	+0.81%
2011-12-31	AU$51.48 Million ≈ $36.43 Million	+6.55%
2010-12-31	AU$48.32 Million ≈ $34.19 Million	+126.93%
2009-12-31	AU$21.29 Million ≈ $15.07 Million	+22.97%
2008-12-31	AU$17.32 Million ≈ $12.25 Million	-15.41%
2007-12-31	AU$20.47 Million ≈ $14.48 Million	-28.53%
2006-12-31	AU$28.64 Million ≈ $20.27 Million	+113.47%
2005-12-31	AU$13.42 Million ≈ $9.49 Million	+634.07%
2004-12-31	AU$1.83 Million ≈ $1.29 Million	-71.00%
2003-12-31	AU$6.30 Million ≈ $4.46 Million	+532.31%
2002-12-31	AU$996.80K ≈ $705.30K	-59.66%
2001-12-31	AU$2.47 Million ≈ $1.75 Million	+16.82%
2000-12-31	AU$2.12 Million ≈ $1.50 Million	-18.16%
1999-12-31	AU$2.58 Million ≈ $1.83 Million	+0.20%
1998-12-31	AU$2.58 Million ≈ $1.83 Million	+6.98%
1997-12-31	AU$2.41 Million ≈ $1.71 Million	-24.30%
1996-12-31	AU$3.19 Million ≈ $2.25 Million	-9.38%
1995-12-31	AU$3.51 Million ≈ $2.49 Million	+3116.42%
1994-12-31	AU$-116.52K ≈ $-82.45K	--

Equity Component Analysis

This analysis shows how different components contribute to Legend Mining 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 8406963800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	AU$107.11 Million	219.47%
Other Comprehensive Income	AU$25.88 Million	53.03%
Total Equity	AU$48.80 Million	100.00%

Legend Mining Ltd Competitors by Market Cap

The table below lists competitors of Legend Mining Ltd ranked by their market capitalization.

Company	Market Cap
Gold Mountain Ltd AU:GMN	$16.50 Million
Motorsport Gaming Us LLC NASDAQ:MSGM	$16.50 Million
Astral Asia Bhd KLSE:7054	$16.51 Million
Hyterra Ltd AU:HYT	$16.52 Million
Australian Oilseeds Holdings Limited Ordinary Shares NASDAQ:COOT	$16.49 Million
Indbank Merchant Banking Services Limited NSE:INDBANK	$16.49 Million
Ashmore Group Plc LSE:ASHM	$16.47 Million
Voltaic Strategic Resources Ltd AU:VSR	$16.46 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Legend Mining Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 53,942,021 to 48,804,127, a change of -5,137,894 (-9.5%).
Net loss of 5,248,000 reduced equity.
Other comprehensive income increased equity by 182,010.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-5.25 Million	-10.75%
Other Comprehensive Income	AU$182.01K	+0.37%
Other Changes	AU$-71.90K	-0.15%
Total Change	AU$-	-9.52%

Book Value vs Market Value Analysis

This analysis compares Legend Mining 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: 0.48x
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
1994-12-31	AU$-0.01	AU$0.01	x
1995-12-31	AU$0.23	AU$0.01	x
1996-12-31	AU$0.09	AU$0.01	x
1997-12-31	AU$0.08	AU$0.01	x
1998-12-31	AU$0.08	AU$0.01	x
1999-12-31	AU$0.07	AU$0.01	x
2000-12-31	AU$0.06	AU$0.01	x
2001-12-31	AU$0.06	AU$0.01	x
2002-12-31	AU$0.02	AU$0.01	x
2003-12-31	AU$0.12	AU$0.01	x
2004-12-31	AU$0.01	AU$0.01	x
2005-12-31	AU$0.04	AU$0.01	x
2006-12-31	AU$0.04	AU$0.01	x
2007-12-31	AU$0.02	AU$0.01	x
2008-12-31	AU$0.01	AU$0.01	x
2009-12-31	AU$0.02	AU$0.01	x
2010-12-31	AU$0.03	AU$0.01	x
2011-12-31	AU$0.03	AU$0.01	x
2012-12-31	AU$0.03	AU$0.01	x
2013-12-31	AU$0.01	AU$0.01	x
2014-12-31	AU$0.01	AU$0.01	x
2015-12-31	AU$0.01	AU$0.01	x
2016-12-31	AU$0.01	AU$0.01	x
2017-12-31	AU$0.01	AU$0.01	x
2018-12-31	AU$0.01	AU$0.01	x
2019-12-31	AU$0.01	AU$0.01	x
2020-12-31	AU$0.02	AU$0.01	x
2021-12-31	AU$0.02	AU$0.01	x
2022-12-31	AU$0.02	AU$0.01	x
2023-12-31	AU$0.02	AU$0.01	x
2024-12-31	AU$0.02	AU$0.01	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Legend Mining 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): -10.75%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -94168.31%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.02x
Recent ROE (-10.75%) is above the historical average (-33.33%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1994	0.00%	98.63%	0.59x	0.00x	AU$128.18K
1995	13.33%	85.44%	0.15x	1.02x	AU$117.20K
1996	-10.36%	0.00%	0.00x	1.10x	AU$-648.51K
1997	35.21%	0.00%	0.00x	1.05x	AU$607.81K
1998	-16.75%	0.00%	0.00x	1.04x	AU$-689.95K
1999	-41.47%	0.00%	0.00x	1.20x	AU$-1.33 Million
2000	-44.01%	-32.09%	1.07x	1.28x	AU$-1.14 Million
2001	-39.22%	-81.70%	0.44x	1.08x	AU$-1.22 Million
2002	-187.70%	-3598.08%	0.03x	1.98x	AU$-1.97 Million
2003	-3.97%	-20.08%	0.10x	1.98x	AU$-880.28K
2004	-504.13%	-37.32%	1.76x	7.67x	AU$-9.40 Million
2005	-56.37%	-164.70%	0.18x	1.89x	AU$-8.90 Million
2006	-27.01%	-1714.18%	0.01x	1.13x	AU$-10.60 Million
2007	123.61%	78.41%	1.29x	1.22x	AU$23.26 Million
2008	-16.82%	-1809.74%	0.01x	1.19x	AU$-4.64 Million
2009	-25.43%	-10678.29%	0.00x	1.22x	AU$-7.54 Million
2010	2.61%	4071.12%	0.00x	1.10x	AU$-3.58 Million
2011	-8.24%	-9441.51%	0.00x	1.06x	AU$-9.41 Million
2012	4.44%	47737.07%	0.00x	1.08x	AU$-2.77 Million
2013	-150.41%	-66448.55%	0.00x	0.98x	AU$-37.04 Million
2014	-14.69%	0.00%	0.00x	1.02x	AU$-4.21 Million
2015	-7.65%	-1133.50%	0.01x	1.02x	AU$-3.02 Million
2016	-17.65%	-2113.70%	0.01x	1.02x	AU$-4.07 Million
2017	-3.95%	-211.58%	0.02x	1.02x	AU$-2.00 Million
2018	-9.69%	-567.41%	0.02x	1.04x	AU$-2.58 Million
2019	-1.62%	-53.60%	0.03x	1.02x	AU$-2.88 Million
2020	-2.13%	-4971.01%	0.00x	1.13x	AU$-6.05 Million
2021	-0.12%	-247.90%	0.00x	1.19x	AU$-5.41 Million
2022	-2.86%	-11404.31%	0.00x	1.23x	AU$-6.71 Million
2023	-9.30%	-9880.89%	0.00x	1.02x	AU$-10.41 Million
2024	-10.75%	-94168.31%	0.00x	1.02x	AU$-10.13 Million

Industry Comparison

This section compares Legend Mining 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: $5,711,623
Average return on equity (ROE) among peers: -27.49%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Legend Mining Ltd (LEG)	AU$45.75 Million	0.00%	0.02x	$16.50 Million
Morella Corporation Ltd (1MC)	$16.53 Million	-35.29%	0.29x	$8.08 Million
Amaero Ltd (3DA)	$29.43 Million	-63.84%	0.70x	$252.75 Million
6K Additive Inc (6KA)	$-42.72 Million	0.00%	0.00x	$160.74 Million
Atlantic Lithium Ltd (A11)	$789.39K	-143.95%	0.47x	$151.02 Million
African Gold Ltd (A1G)	$11.13 Million	-22.75%	0.07x	$419.02 Million
Albright Metals Ltd (ABR)	$10.99 Million	-9.29%	0.07x	$3.68 Million
Audalia Resources Ltd (ACP)	$4.75 Million	-16.80%	1.00x	$14.72 Million
Accent Resources NL (ACS)	$4.38 Million	-14.12%	0.03x	$16.28 Million
Acdc Metals Ltd (ADC)	$10.58 Million	-4.74%	0.03x	$3.13 Million
Andromeda Metals Ltd (ADN)	$11.27 Million	35.85%	0.04x	$26.17 Million

About Legend Mining Ltd

AU:LEG Australia Other Industrial Metals & Mining

Market Cap

$16.50 Million

AU$23.32 Million AUD

Market Cap Rank

#25590 Global

#1167 in Australia

Share Price

AU$0.01

Change (1 day)

+0.00%

52-Week Range

AU$0.01 - AU$0.01

All Time High

AU$0.20