Lykos Metals Ltd (LYK) - Net Assets
Based on the latest financial reports, Lykos Metals Ltd (LYK) has net assets worth AU$1.41 Million AUD (≈ $997.38K USD) as of October 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.67 Million ≈ $1.18 Million USD) and total liabilities (AU$263.45K ≈ $186.41K 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 Lykos Metals Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.41 Million |
| % of Total Assets | 84.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.51 |
Lykos Metals Ltd - Net Assets Trend (2021–2024)
This chart illustrates how Lykos Metals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore LYK total asset value for the complete picture of this company's asset base.
Annual Net Assets for Lykos Metals Ltd (2021–2024)
The table below shows the annual net assets of Lykos Metals Ltd from 2021 to 2024. For live valuation and market cap data, see Lykos Metals Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-07-31 | AU$2.42 Million ≈ $1.71 Million |
-64.64% |
| 2023-07-31 | AU$6.85 Million ≈ $4.85 Million |
-37.62% |
| 2022-07-31 | AU$10.98 Million ≈ $7.77 Million |
+198311.69% |
| 2021-07-31 | AU$-5.54K ≈ $-3.92K |
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Equity Component Analysis
This analysis shows how different components contribute to Lykos Metals 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 1325264300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$14.95 Million | 616.91% |
| Other Comprehensive Income | AU$735.38K | 30.35% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$2.42 Million | 100.00% |
Lykos Metals Ltd Competitors by Market Cap
The table below lists competitors of Lykos Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paras Petrofils Limited
NSE:PARASPETRO
|
$7.77 Million |
|
TechnoDex Bhd
KLSE:0132
|
$7.78 Million |
|
Union Technologies Informatique Group S.A
PA:FPG
|
$7.79 Million |
|
Grolleau SAS
PA:ALGRO
|
$7.79 Million |
|
Bon Natural Life Ltd
NASDAQ:BON
|
$7.77 Million |
|
Trifecta Gold Ltd
V:TG
|
$7.76 Million |
|
Premier Products Public Company Limited
BK:PPP
|
$7.76 Million |
|
Spire Healthcare Group Plc
LSE:SPI
|
$7.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lykos Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,851,140 to 2,422,628, a change of -4,428,512 (-64.6%).
- Net loss of 2,324,099 reduced equity.
- Share repurchases of 133,518 reduced equity.
- New share issuances of 2,200,667 increased equity.
- Other comprehensive income decreased equity by 133,678.
- Other factors decreased equity by 4,037,884.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.32 Million | -95.93% |
| Share Repurchases | AU$133.52K | -5.51% |
| Share Issuances | AU$2.20 Million | +90.84% |
| Other Comprehensive Income | AU$-133.68K | -5.52% |
| Other Changes | AU$-4.04 Million | -166.67% |
| Total Change | AU$- | -64.64% |
Book Value vs Market Value Analysis
This analysis compares Lykos Metals 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: 2.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-07-31 | AU$0.00 | AU$0.05 | x |
| 2022-07-31 | AU$0.10 | AU$0.05 | x |
| 2023-07-31 | AU$0.06 | AU$0.05 | x |
| 2024-07-31 | AU$0.02 | AU$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lykos Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -95.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6170.28%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.08x
- Recent ROE (-95.93%) is below the historical average (-46.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-32.70K |
| 2022 | -20.17% | -157108.58% | 0.00x | 1.02x | AU$-3.31 Million |
| 2023 | -68.24% | -11517.82% | 0.01x | 1.02x | AU$-5.36 Million |
| 2024 | -95.93% | -6170.28% | 0.01x | 1.08x | AU$-2.57 Million |
Industry Comparison
This section compares Lykos Metals 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 |
|---|---|---|---|---|
| Lykos Metals Ltd (LYK) | AU$1.41 Million | 0.00% | 0.19x | $7.77 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 Lykos Metals Ltd
Lykos Metals Limited focuses on acquiring and exploring mineral properties in Bosnia and Herzegovina. The company explores for nickel, cobalt, gold, silver, copper, zinc, lead, iron, barite, and precious metals. It owns 100% interest in the Sinjakovo project that covers an area of approximately 80.8 square kilometers; Cajnice project covering an area of 50 square kilometers; and Sockovac project … Read more