Labyrinth Resources Limited

AU:LRL Australia Gold
Market Cap
$126.43 Million
AU$204.18 Million AUD
Market Cap Rank
#27783 Global
#691 in Australia
Share Price
AU$0.37
Change (1 day)
+0.00%
52-Week Range
AU$0.37 - AU$0.37
All Time High
AU$17.64
Categories
Companies in Australia Gold
About

Labyrinth Resources Limited engages in the exploration and development of mineral properties in Australia. the company explores for gold, lithium, rare earth elements, copper, tungsten, and nickel deposits. The company was formerly known as Orminex Limited and changed its name to Labyrinth Resources Limited in November 2021. Labyrinth Resources Limited was incorporated in 1970 and is based in Sub… Read more

Labyrinth Resources Limited (LRL) - Net Assets

Latest net assets as of June 2024: AU$5.03 Million AUD

Based on the latest financial reports, Labyrinth Resources Limited (LRL) has net assets worth AU$5.03 Million AUD as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$25.21 Million) and total liabilities (AU$20.18 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$5.03 Million
% of Total Assets 19.95%
Annual Growth Rate 2.45%
5-Year Change -55.89%
10-Year Change N/A
Growth Volatility 672.76

Labyrinth Resources Limited - Net Assets Trend (1991–2024)

This chart illustrates how Labyrinth Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Labyrinth Resources Limited (1991–2024)

The table below shows the annual net assets of Labyrinth Resources Limited from 1991 to 2024.

Year Net Assets Change
2024-06-30 AU$5.03 Million -24.82%
2023-06-30 AU$6.69 Million -38.45%
2022-06-30 AU$10.87 Million +40.31%
2021-06-30 AU$7.75 Million -32.07%
2020-06-30 AU$11.40 Million -5.14%
2019-06-30 AU$12.02 Million -5.65%
2018-06-30 AU$12.74 Million +2124.56%
2017-06-30 AU$-629.23K +93.73%
2016-06-30 AU$-10.04 Million -18.78%
2015-06-30 AU$-8.45 Million -437.54%
2014-06-30 AU$2.50 Million -90.64%
2013-06-30 AU$26.74 Million -3.38%
2012-06-30 AU$27.68 Million -41.10%
2011-06-30 AU$46.99 Million -40.67%
2010-06-30 AU$79.20 Million -44.56%
2009-06-30 AU$142.86 Million -45.30%
2008-06-30 AU$261.18 Million +98.64%
2007-06-30 AU$131.48 Million +359.07%
2006-06-30 AU$28.64 Million +3668.61%
2005-06-30 AU$759.99K -73.46%
2004-06-30 AU$2.86 Million +17.31%
2003-06-30 AU$2.44 Million -41.14%
2002-06-30 AU$4.15 Million -45.08%
2001-06-30 AU$7.55 Million +36.60%
2000-06-30 AU$5.53 Million -36.39%
1999-06-30 AU$8.69 Million +8.68%
1998-06-30 AU$8.00 Million -5.77%
1997-06-30 AU$8.49 Million +84.72%
1996-06-30 AU$4.59 Million +76.38%
1995-06-30 AU$2.60 Million -42.42%
1994-06-30 AU$4.52 Million +427.27%
1993-06-30 AU$858.00K -89.48%
1992-06-30 AU$8.16 Million +260.06%
1991-06-30 AU$2.27 Million --

Equity Component Analysis

This analysis shows how different components contribute to Labyrinth Resources Limited'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 29777090500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$307.81 Million 6120.59%
Other Comprehensive Income AU$1.91 Million 38.05%
Total Equity AU$5.03 Million 100.00%

Labyrinth Resources Limited Competitors by Market Cap

The table below lists competitors of Labyrinth Resources Limited ranked by their market capitalization.

Company Market Cap
Bright Sheland International Co Ltd
TWO:4556
 		$11.85 Million
International Land Alliance Inc
OTCQB:ILAL
 		$11.86 Million
HYDROGENE DE FRAN. EO-02
F:9QW
 		$11.86 Million
One Software Technologies Ltd
TA:ONE
 		$11.87 Million
Old Market Capital Corporation
NASDAQ:OMCC
 		$11.85 Million
LLEIDANETWORKS SE EO-02
F:9TV
 		$11.85 Million
Partnera Oyj
HE:PARTNE1
 		$11.85 Million
BIGG Digital Assets Inc
F:7111
 		$11.85 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Labyrinth Resources Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,689,266 to 5,029,129, a change of -1,660,137 (-24.8%).
  • Net loss of 3,267,097 reduced equity.
  • Share repurchases of 16,790 reduced equity.
  • New share issuances of 1,563,395 increased equity.
  • Other comprehensive income increased equity by 27,355.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-3.27 Million -64.96%
Share Repurchases AU$16.79K -0.33%
Share Issuances AU$1.56 Million +31.09%
Other Comprehensive Income AU$27.36K +0.54%
Other Changes AU$33.00K +0.66%
Total Change AU$- -24.82%

Book Value vs Market Value Analysis

This analysis compares Labyrinth Resources Limited'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: 85.09x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.00x to 85.09x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1992-06-30 AU$931.92 AU$0.37 x
1993-06-30 AU$97.44 AU$0.37 x
1994-06-30 AU$269.62 AU$0.37 x
1995-06-30 AU$102.99 AU$0.37 x
1996-06-30 AU$913.27 AU$0.37 x
1997-06-30 AU$981.90 AU$0.37 x
1998-06-30 AU$1465.80 AU$0.37 x
1999-06-30 AU$2348.35 AU$0.37 x
2000-06-30 AU$552.11 AU$0.37 x
2001-06-30 AU$679.06 AU$0.37 x
2002-06-30 AU$295.94 AU$0.37 x
2003-06-30 AU$178.83 AU$0.37 x
2004-06-30 AU$142.02 AU$0.37 x
2005-06-30 AU$31.35 AU$0.37 x
2006-06-30 AU$310.20 AU$0.37 x
2007-06-30 AU$378.86 AU$0.37 x
2008-06-30 AU$402.85 AU$0.37 x
2009-06-30 AU$221.07 AU$0.37 x
2010-06-30 AU$88.72 AU$0.37 x
2011-06-30 AU$69.06 AU$0.37 x
2012-06-30 AU$31.47 AU$0.37 x
2013-06-30 AU$32.91 AU$0.37 x
2014-06-30 AU$19.85 AU$0.37 x
2015-06-30 AU$-3.94 AU$0.37 x
2016-06-30 AU$-4.68 AU$0.37 x
2017-06-30 AU$-0.29 AU$0.37 x
2018-06-30 AU$0.11 AU$0.37 x
2019-06-30 AU$0.02 AU$0.37 x
2020-06-30 AU$0.02 AU$0.37 x
2021-06-30 AU$0.01 AU$0.37 x
2022-06-30 AU$0.01 AU$0.37 x
2023-06-30 AU$0.01 AU$0.37 x
2024-06-30 AU$0.00 AU$0.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Labyrinth Resources Limited 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): -64.96%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 5.01x
  • Recent ROE (-64.96%) is below the historical average (-45.46%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 0.27% 0.00% 0.00x 1.15x AU$-731.70K
1998 29.96% 0.00% 0.00x 1.29x AU$1.28 Million
1999 26.73% 0.00% 0.00x 1.01x AU$1.52 Million
2000 -211.49% 0.00% 0.00x 1.42x AU$-12.25 Million
2001 24.57% 60.01% 0.41x 1.01x AU$1.10 Million
2002 -82.10% 0.00% 0.00x 1.01x AU$-3.82 Million
2003 -67.43% 0.00% 0.00x 1.04x AU$-1.89 Million
2004 -56.33% -248.17% 0.22x 1.02x AU$-1.90 Million
2005 -276.98% -334.57% 0.79x 1.05x AU$-2.18 Million
2006 -5.19% 0.00% 0.00x 1.05x AU$-4.35 Million
2007 -11.31% -105.91% 0.08x 1.37x AU$-28.39 Million
2008 0.94% 11.75% 0.07x 1.15x AU$-23.09 Million
2009 -64.11% -421.45% 0.13x 1.15x AU$-105.42 Million
2010 -91.73% -355.58% 0.19x 1.33x AU$-81.11 Million
2011 -39.61% -92.76% 0.38x 1.13x AU$-35.51 Million
2012 -25.18% -27.88% 0.53x 1.72x AU$-15.36 Million
2013 -37.46% -29.97% 0.77x 1.63x AU$-21.80 Million
2014 -87.44% -61.92% 0.90x 1.57x AU$-32.53 Million
2015 0.00% -990507.97% 0.04x 0.00x AU$-19.41 Million
2016 0.00% -2644830.00% 0.00x 0.00x AU$-583.02K
2017 0.00% 0.00% 0.00x 0.00x AU$9.47 Million
2018 -13.90% 0.00% 0.00x 1.01x AU$-3.04 Million
2019 -6.13% 0.00% 0.00x 1.05x AU$-1.94 Million
2020 -5.42% -113.72% 0.04x 1.12x AU$-1.76 Million
2021 -52.57% 0.00% -0.01x 1.27x AU$-4.85 Million
2022 -63.68% 0.00% 0.00x 2.50x AU$-8.01 Million
2023 -92.36% -563.63% 0.04x 3.87x AU$-6.85 Million
2024 -64.96% 0.00% 0.00x 5.01x AU$-3.77 Million

Industry Comparison

This section compares Labyrinth Resources Limited's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $23,959,302
  • Average return on equity (ROE) among peers: -1270.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Labyrinth Resources Limited (LRL) AU$5.03 Million 0.27% 4.01x $11.85 Million
Australasian Metals Ltd (A8G) $5.85 Million -16.53% 0.05x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $4.81K -12574.39% 0.18x $138.29 Million
Adelong Gold Ltd (ADG) $911.18K -70.31% 0.11x $6.07 Million
Ardiden Ltd (ADV) $5.54 Million -12.67% 0.11x $10.37 Million
Ark Mines Ltd (AHK) $-7.71 Million 0.00% 0.00x $8.35 Million
Aureka Ltd (AKA) $28.36 Million 9.46% 0.19x $6.23 Million
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million