MT Malcolm Mines NL (M2M) - Net Assets
Based on the latest financial reports, MT Malcolm Mines NL (M2M) has net assets worth AU$12.89 Million AUD (≈ $9.12 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$13.70 Million ≈ $9.70 Million USD) and total liabilities (AU$812.98K ≈ $575.23K 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 M2M tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$12.89 Million |
| % of Total Assets | 94.07% |
| Annual Growth Rate | 5.12% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 16.07 |
MT Malcolm Mines NL - Net Assets Trend (2021–2025)
This chart illustrates how MT Malcolm Mines NL's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of MT Malcolm Mines NL to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for MT Malcolm Mines NL (2021–2025)
The table below shows the annual net assets of MT Malcolm Mines NL from 2021 to 2025. For live valuation and market cap data, see M2M market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$10.67 Million ≈ $7.55 Million |
+31.13% |
| 2024-06-30 | AU$8.14 Million ≈ $5.76 Million |
+9.70% |
| 2023-06-30 | AU$7.42 Million ≈ $5.25 Million |
-9.30% |
| 2022-06-30 | AU$8.18 Million ≈ $5.79 Million |
-6.41% |
| 2021-06-30 | AU$8.74 Million ≈ $6.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MT Malcolm Mines NL'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 385324000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$16.84 Million | 157.80% |
| Other Comprehensive Income | AU$612.66K | 5.74% |
| Total Equity | AU$10.67 Million | 100.00% |
MT Malcolm Mines NL Competitors by Market Cap
The table below lists competitors of MT Malcolm Mines NL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bluechiip Ltd
AU:BCT
|
$2.56 Million |
|
Silver Predator Corp
V:SPD
|
$2.56 Million |
|
Providence Gold Mines
V:PHD
|
$2.56 Million |
|
Dongwon Systems Corp
KO:014825
|
$2.57 Million |
|
VS Media Holdings Limited Class A Ordinary Shares
NASDAQ:VSME
|
$2.56 Million |
|
Dolfines SAS
PA:ALDOL
|
$2.56 Million |
|
Ocean Sun As
OL:OSUN
|
$2.55 Million |
|
ZHENRO PROP.GRP DL-00001
F:1ZZ
|
$2.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MT Malcolm Mines NL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,139,519 to 10,673,441, a change of 2,533,922 (31.1%).
- Net income of 30,582 contributed positively to equity growth.
- Share repurchases of 2,035,160 reduced equity.
- Other comprehensive income increased equity by 10,214.
- Other factors increased equity by 4,528,286.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$30.58K | +0.29% |
| Share Repurchases | AU$2.04 Million | -19.07% |
| Other Comprehensive Income | AU$10.21K | +0.1% |
| Other Changes | AU$4.53 Million | +42.43% |
| Total Change | AU$- | 31.13% |
Book Value vs Market Value Analysis
This analysis compares MT Malcolm Mines NL'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: 0.16x
- 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.
- The price-to-book ratio has decreased from 8.54x to 0.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | AU$0.00 | AU$0.01 | x |
| 2022-06-30 | AU$0.10 | AU$0.01 | x |
| 2023-06-30 | AU$0.09 | AU$0.01 | x |
| 2024-06-30 | AU$0.06 | AU$0.01 | x |
| 2025-06-30 | AU$0.04 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MT Malcolm Mines NL utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.10%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.11x
- Recent ROE (0.29%) is above the historical average (-862.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -4262.28% | 0.00% | 0.00x | 130.14x | AU$-2.94 Million |
| 2022 | -16.80% | -6529.81% | 0.00x | 1.07x | AU$-2.19 Million |
| 2023 | -17.93% | -2880.83% | 0.01x | 1.06x | AU$-2.07 Million |
| 2024 | -14.48% | -8318.14% | 0.00x | 1.15x | AU$-1.99 Million |
| 2025 | 0.29% | 2.10% | 0.12x | 1.11x | AU$-1.04 Million |
Industry Comparison
This section compares MT Malcolm Mines NL's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $5,610,244
- Average return on equity (ROE) among peers: -46.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MT Malcolm Mines NL (M2M) | AU$12.89 Million | -4262.28% | 0.06x | $2.56 Million |
| Australasian Metals Ltd (A8G) | $6.31 Million | -1.02% | 0.02x | $4.98 Million |
| Ariana Resources Plc (AA2) | $27.06 Million | 14.89% | 0.03x | $54.60 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $5.71 Million |
| Astral Resources NL (AAR) | $588.33K | -62.34% | 0.51x | $159.29 Million |
| Antilles Gold Ltd (AAU) | $939.32K | -123.92% | 0.09x | $13.92 Million |
| Adelong Gold Ltd (ADG) | $524.94K | -175.88% | 0.97x | $9.43 Million |
| Ardiden Ltd (ADV) | $8.93 Million | 0.00% | 0.01x | $52.46 Million |
| Australian Gold and Copper Ltd (AGC) | $-3.50K | 0.00% | 0.00x | $24.77 Million |
| Ark Mines Ltd (AHK) | $5.40 Million | -45.16% | 0.02x | $15.61 Million |
| Alkane Resources Ltd (ALK) | $2.10 Million | 0.05% | 0.08x | $1.55 Billion |
About MT Malcolm Mines NL
Mt Malcolm Mines NL engages in exploration and mining activities in Australia. It primarily explores for gold, lithium, and base metal. The company's flagship project is the Malcolm Gold Project located in Leonora. Mt Malcolm Mines NL was incorporated in 2020 and is based in Perth, Australia.