Macro Metals Ltd
Macro Metals Limited, together with its subsidiaries, operates as a mining and mining services company in Australia and the Republic of Nigeria. The company explores for iron, copper, lead, zinc, silver, and gold deposits. Its flagship properties is the Catho Well iron ore project located in Australia. The company was formerly known as Kogi Iron Limited and changed its name to Macro Metals Limite… Read more
Macro Metals Ltd (M4M) - Net Assets
Latest net assets as of June 2025: AU$6.30 Million AUD
Based on the latest financial reports, Macro Metals Ltd (M4M) has net assets worth AU$6.30 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$7.62 Million) and total liabilities (AU$1.32 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$6.30 Million |
| % of Total Assets | 82.7% |
| Annual Growth Rate | 2.89% |
| 5-Year Change | 612.4% |
| 10-Year Change | N/A |
| Growth Volatility | 425.38 |
Macro Metals Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Macro Metals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Macro Metals Ltd (1989–2025)
The table below shows the annual net assets of Macro Metals Ltd from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$6.30 Million | -27.13% |
| 2024-06-30 | AU$8.65 Million | +60.24% |
| 2023-06-30 | AU$5.40 Million | -6.61% |
| 2022-06-30 | AU$5.78 Million | +553.38% |
| 2021-06-30 | AU$884.58K | -36.25% |
| 2020-06-30 | AU$1.39 Million | +430.89% |
| 2019-06-30 | AU$-419.38K | -166.42% |
| 2018-06-30 | AU$631.38K | +154.28% |
| 2017-06-30 | AU$-1.16 Million | -340.08% |
| 2016-06-30 | AU$-264.33K | -104.05% |
| 2015-06-30 | AU$6.53 Million | -79.62% |
| 2014-06-30 | AU$32.03 Million | -0.74% |
| 2013-06-30 | AU$32.26 Million | -19.38% |
| 2012-06-30 | AU$40.02 Million | +767.83% |
| 2011-06-30 | AU$4.61 Million | +152.81% |
| 2010-06-30 | AU$1.82 Million | +190.23% |
| 2009-06-30 | AU$-2.02 Million | -149.02% |
| 2008-06-30 | AU$4.12 Million | +720.60% |
| 2007-06-30 | AU$502.50K | +54.90% |
| 2006-06-30 | AU$324.41K | -91.60% |
| 2005-06-30 | AU$3.86 Million | +2160.63% |
| 2004-06-30 | AU$170.80K | -25.36% |
| 2003-06-30 | AU$228.84K | +28.61% |
| 2002-06-30 | AU$177.93K | -36.06% |
| 2001-06-30 | AU$278.27K | -64.78% |
| 2000-06-30 | AU$790.10K | -5.45% |
| 1999-06-30 | AU$835.64K | -68.10% |
| 1998-06-30 | AU$2.62 Million | -13.70% |
| 1997-06-30 | AU$3.04 Million | -37.41% |
| 1996-06-30 | AU$4.85 Million | +1.51% |
| 1995-06-30 | AU$4.78 Million | +17.80% |
| 1994-06-30 | AU$4.06 Million | +60.57% |
| 1993-06-30 | AU$2.53 Million | +1.94% |
| 1992-06-30 | AU$2.48 Million | +3.90% |
| 1991-06-30 | AU$2.38 Million | +2.01% |
| 1990-06-30 | AU$2.34 Million | +3.31% |
| 1989-06-30 | AU$2.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Macro 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 47776.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$93.04 Million | 1476.38% |
| Other Comprehensive Income | AU$12.43 Million | 197.27% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$6.30 Million | 100.00% |
Macro Metals Ltd Competitors by Market Cap
The table below lists competitors of Macro Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OverActive Media Corp
PINK:OAMCF
|
$11.09 Million |
|
Pelita Samudera Shipping Tbk PT
JK:PSSI
|
$11.09 Million |
|
Jianzhi Education Technology Group Company Limited American Depositary Shares
NASDAQ:JZ
|
$11.09 Million |
|
Arcure S.A.
F:340
|
$11.09 Million |
|
Silvergate Capital Corp
PINK:SICPQ
|
$11.08 Million |
|
Transtouch Technology
TWO:3623
|
$11.08 Million |
|
MacKenzie Realty Capital, Inc. Common Stock
OTCQX:MKZR
|
$11.08 Million |
|
KSB SE & Co. KGaA vz. (Pref Shares)
HM:KSB3
|
$11.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Macro Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,648,391 to 6,301,676, a change of -2,346,715 (-27.1%).
- Net loss of 6,890,173 reduced equity.
- Share repurchases of 3,747,300 reduced equity.
- Other comprehensive income increased equity by 820,656.
- Other factors increased equity by 7,470,102.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-6.89 Million | -109.34% |
| Share Repurchases | AU$3.75 Million | -59.47% |
| Other Comprehensive Income | AU$820.66K | +13.02% |
| Other Changes | AU$7.47 Million | +118.54% |
| Total Change | AU$- | -27.13% |
Book Value vs Market Value Analysis
This analysis compares Macro 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: 4.19x
- 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 4.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$40.09 | AU$0.01 | x |
| 1990-06-30 | AU$41.42 | AU$0.01 | x |
| 1991-06-30 | AU$42.25 | AU$0.01 | x |
| 1992-06-30 | AU$43.90 | AU$0.01 | x |
| 1993-06-30 | AU$44.75 | AU$0.01 | x |
| 1994-06-30 | AU$57.31 | AU$0.01 | x |
| 1995-06-30 | AU$53.20 | AU$0.01 | x |
| 1996-06-30 | AU$53.17 | AU$0.01 | x |
| 1997-06-30 | AU$33.28 | AU$0.01 | x |
| 1998-06-30 | AU$28.72 | AU$0.01 | x |
| 1999-06-30 | AU$8.88 | AU$0.01 | x |
| 2000-06-30 | AU$10.70 | AU$0.01 | x |
| 2001-06-30 | AU$3.64 | AU$0.01 | x |
| 2002-06-30 | AU$2.80 | AU$0.01 | x |
| 2003-06-30 | AU$3.61 | AU$0.01 | x |
| 2004-06-30 | AU$2.83 | AU$0.01 | x |
| 2005-06-30 | AU$10.06 | AU$0.01 | x |
| 2006-06-30 | AU$0.47 | AU$0.01 | x |
| 2007-06-30 | AU$0.59 | AU$0.01 | x |
| 2008-06-30 | AU$1.94 | AU$0.01 | x |
| 2009-06-30 | AU$-0.85 | AU$0.01 | x |
| 2010-06-30 | AU$0.09 | AU$0.01 | x |
| 2011-06-30 | AU$0.05 | AU$0.01 | x |
| 2012-06-30 | AU$0.25 | AU$0.01 | x |
| 2013-06-30 | AU$0.13 | AU$0.01 | x |
| 2014-06-30 | AU$0.13 | AU$0.01 | x |
| 2015-06-30 | AU$0.02 | AU$0.01 | x |
| 2016-06-30 | AU$0.00 | AU$0.01 | x |
| 2017-06-30 | AU$0.00 | AU$0.01 | x |
| 2018-06-30 | AU$0.00 | AU$0.01 | x |
| 2019-06-30 | AU$0.00 | AU$0.01 | x |
| 2020-06-30 | AU$0.00 | AU$0.01 | x |
| 2021-06-30 | AU$0.00 | AU$0.01 | x |
| 2022-06-30 | AU$0.01 | AU$0.01 | x |
| 2023-06-30 | AU$0.01 | AU$0.01 | x |
| 2024-06-30 | AU$0.00 | AU$0.01 | x |
| 2025-06-30 | AU$0.00 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Macro 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): -109.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17532.25%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.21x
- Recent ROE (-109.34%) is below the historical average (-107.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 12.86% | 4.74% | 1.37x | 1.98x | AU$64.70K |
| 1990 | 9.02% | 2.82% | 1.60x | 2.00x | AU$-22.80K |
| 1991 | -1.97% | -0.68% | 1.38x | 2.09x | AU$-285.50K |
| 1992 | -0.16% | -0.05% | 1.46x | 2.43x | AU$-251.80K |
| 1993 | 7.24% | 1.90% | 1.41x | 2.70x | AU$-69.60K |
| 1994 | 7.94% | 2.38% | 1.37x | 2.43x | AU$-83.60K |
| 1995 | 12.16% | 3.54% | 1.50x | 2.30x | AU$103.20K |
| 1997 | -61.14% | -14.71% | 1.42x | 2.92x | AU$-2.16 Million |
| 1998 | -33.63% | 0.00% | 0.00x | 2.80x | AU$-1.14 Million |
| 1999 | -103.27% | 0.00% | 0.00x | 1.09x | AU$-946.56K |
| 2000 | -5.76% | -630.35% | 0.01x | 1.01x | AU$-124.55K |
| 2001 | -184.00% | -68.44% | 2.48x | 1.08x | AU$-539.83K |
| 2002 | -56.20% | -15.29% | 3.37x | 1.09x | AU$-117.79K |
| 2003 | 22.25% | 4.82% | 4.32x | 1.07x | AU$28.02K |
| 2004 | -33.98% | -5803.60% | 0.01x | 1.05x | AU$-75.12K |
| 2005 | -19.17% | -854.24% | 0.02x | 1.01x | AU$-1.13 Million |
| 2006 | -1092.14% | 0.00% | 0.00x | 1.32x | AU$-3.58 Million |
| 2007 | -359.40% | -229770.99% | 0.00x | 1.77x | AU$-1.86 Million |
| 2008 | -97.59% | -85.44% | 0.50x | 2.29x | AU$-4.44 Million |
| 2009 | 0.00% | -195.18% | 2.60x | 0.00x | AU$-6.97 Million |
| 2010 | 92.87% | 300.69% | 0.28x | 1.12x | AU$1.51 Million |
| 2011 | -160.45% | 0.00% | 0.00x | 1.04x | AU$-7.86 Million |
| 2012 | 25.46% | 0.00% | 0.00x | 1.37x | AU$6.19 Million |
| 2013 | -49.89% | 0.00% | 0.00x | 1.32x | AU$-19.32 Million |
| 2014 | -2.46% | 0.00% | 0.00x | 1.32x | AU$-3.99 Million |
| 2015 | -355.14% | 0.00% | 0.00x | 1.10x | AU$-23.83 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.60 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.86 Million |
| 2018 | -524.41% | 0.00% | 0.00x | 3.89x | AU$-3.37 Million |
| 2019 | 0.00% | -38443545.45% | 0.00x | 0.00x | AU$-2.50 Million |
| 2020 | -223.14% | -23929520.87% | 0.00x | 1.18x | AU$-3.24 Million |
| 2021 | -310.21% | -27440.00% | 0.00x | 3.45x | AU$-2.83 Million |
| 2022 | -54.55% | -2252142.86% | 0.00x | 1.19x | AU$-3.73 Million |
| 2023 | -45.51% | -40600.91% | 0.00x | 1.11x | AU$-3.00 Million |
| 2024 | -161.31% | -77462.52% | 0.00x | 1.09x | AU$-14.82 Million |
| 2025 | -109.34% | -17532.25% | 0.01x | 1.21x | AU$-7.52 Million |
Industry Comparison
This section compares Macro Metals Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $44,226,590
- Average return on equity (ROE) among peers: -7.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Macro Metals Ltd (M4M) | AU$6.30 Million | 12.86% | 0.21x | $11.08 Million |
| BCI Minerals Ltd (BCI) | $5.03 Million | -14.90% | 0.04x | $346.91 Million |
| Bisalloy Steel Group Ltd (BIS) | $58.08 Million | -7.09% | 2.55x | $83.59 Million |
| Equinox Resources Ltd (EQN) | $15.42 Million | -7.94% | 0.03x | $3.12 Million |
| Equatorial Resources Ltd (EQX) | $70.15 Million | -9.19% | 0.03x | $8.75 Million |
| FENIX Resources Ltd (FEX) | $4.02 Million | -19.24% | 0.13x | $95.01 Million |
| Grange Resources Ltd (GRR) | $3.96 Million | 1.34% | 0.02x | $70.13 Million |
| GWR Group Ltd (GWR) | $31.69 Million | -14.29% | 0.02x | $19.41 Million |
| Pearl Gull Iron Ltd (PLG) | $-1.88 Million | 0.00% | 0.00x | $2.39 Million |
| Sims Ltd (SGM) | $211.56 Million | 0.21% | 0.96x | $1.83 Billion |