Metal Bank Ltd

AU:MBK Australia Gold
Market Cap
$12.50 Million
AU$20.19 Million AUD
Market Cap Rank
#31867 Global
#1010 in Australia
Share Price
AU$0.02
Change (1 day)
-7.69%
52-Week Range
AU$0.01 - AU$0.03
All Time High
AU$0.38
Categories
Companies in Australia Gold
About

Metal Bank Limited engages in the exploration of mineral properties in Australia. The company primarily explores for gold, copper, and cobalt. Metal Bank Limited was incorporated in 2007 and is based in Sydney, Australia.

Metal Bank Ltd (MBK) - Net Assets

Latest net assets as of June 2025: AU$15.41 Million AUD

Based on the latest financial reports, Metal Bank Ltd (MBK) has net assets worth AU$15.41 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$15.77 Million) and total liabilities (AU$359.69K). 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$15.41 Million
% of Total Assets 97.72%
Annual Growth Rate N/A
5-Year Change 42.63%
10-Year Change 411.2%
Growth Volatility 180.66

Metal Bank Ltd - Net Assets Trend (2008–2025)

This chart illustrates how Metal Bank 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 Metal Bank Ltd (2008–2025)

The table below shows the annual net assets of Metal Bank Ltd from 2008 to 2025.

Year Net Assets Change
2025-06-30 AU$15.41 Million -1.51%
2024-06-30 AU$15.64 Million +11.73%
2023-06-30 AU$14.00 Million -31.17%
2022-06-30 AU$20.34 Million +88.32%
2021-06-30 AU$10.80 Million +18.89%
2020-06-30 AU$9.09 Million -12.78%
2019-06-30 AU$10.42 Million -3.92%
2018-06-30 AU$10.84 Million +28.87%
2017-06-30 AU$8.41 Million +179.14%
2016-06-30 AU$3.01 Million -22.51%
2015-06-30 AU$3.89 Million -4.13%
2014-06-30 AU$4.06 Million +687.94%
2013-06-30 AU$514.88K -36.36%
2012-06-30 AU$809.02K +21.75%
2011-06-30 AU$664.51K +403.43%
2010-06-30 AU$-219.00K -28.07%
2009-06-30 AU$-171.00K -113.75%
2008-06-30 AU$-80.00K --

Equity Component Analysis

This analysis shows how different components contribute to Metal Bank 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 2163077300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$39.92 Million 259.10%
Other Comprehensive Income AU$385.60K 2.50%
Total Equity AU$15.41 Million 100.00%

Metal Bank Ltd Competitors by Market Cap

The table below lists competitors of Metal Bank Ltd ranked by their market capitalization.

Company Market Cap
Labor Smart Inc
PINK:LTNC
 		$4.23 Million
X1 Esports and Entertainment Ltd.
PINK:XOEEF
 		$4.23 Million
Destinasi Tirta Nusantara Tbk
JK:PDES
 		$4.23 Million
TAIZHOU WATER GRP. H YC 1
F:GX5
 		$4.23 Million
The Goodheart-Willcox Company Inc
PINK:GWOX
 		$4.23 Million
YOLO GROUP S.P.A. O.N.
F:X2Y
 		$4.23 Million
Platina Resources Limited
PINK:PTNUF
 		$4.22 Million
G3 Global Bhd
KLSE:7184
 		$4.22 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 15,643,013 to 15,406,988, a change of -236,025 (-1.5%).
  • Net loss of 2,115,869 reduced equity.
  • Share repurchases of 1,561,840 reduced equity.
  • Other comprehensive income decreased equity by 92,405.
  • Other factors increased equity by 3,534,089.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-2.12 Million -13.73%
Share Repurchases AU$1.56 Million -10.14%
Other Comprehensive Income AU$-92.41K -0.6%
Other Changes AU$3.53 Million +22.94%
Total Change AU$- -1.51%

Book Value vs Market Value Analysis

This analysis compares Metal Bank 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: 0.70x
  • 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 increased from 0.08x to 0.70x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-06-30 AU$0.30 AU$0.02 x
2012-06-30 AU$0.16 AU$0.02 x
2013-06-30 AU$0.08 AU$0.02 x
2014-06-30 AU$0.16 AU$0.02 x
2015-06-30 AU$0.13 AU$0.02 x
2016-06-30 AU$0.07 AU$0.02 x
2017-06-30 AU$0.11 AU$0.02 x
2018-06-30 AU$0.12 AU$0.02 x
2019-06-30 AU$0.11 AU$0.02 x
2020-06-30 AU$0.09 AU$0.02 x
2021-06-30 AU$0.09 AU$0.02 x
2022-06-30 AU$0.10 AU$0.02 x
2023-06-30 AU$0.05 AU$0.02 x
2024-06-30 AU$0.04 AU$0.02 x
2025-06-30 AU$0.03 AU$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Metal Bank 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): -13.73%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -45798.03%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.02x
  • Recent ROE (-13.73%) is above the historical average (-67.94%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 -458.79% -12194.90% 0.01x 3.44x AU$-3.12 Million
2012 -148.29% -3427.65% 0.02x 2.34x AU$-1.28 Million
2013 -171.23% -4408.21% 0.02x 1.85x AU$-933.13K
2014 -27.01% -2229.08% 0.01x 1.07x AU$-1.50 Million
2015 -24.82% -15045.02% 0.00x 1.19x AU$-1.35 Million
2016 -65.70% -66272.72% 0.00x 1.27x AU$-2.28 Million
2017 -6.43% -967.66% 0.01x 1.03x AU$-1.38 Million
2018 -7.19% -1451.18% 0.00x 1.02x AU$-1.86 Million
2019 -4.08% -1017.27% 0.00x 1.02x AU$-1.47 Million
2020 -14.65% -12025.44% 0.00x 1.02x AU$-2.24 Million
2021 -3.37% -342.91% 0.01x 1.02x AU$-1.44 Million
2022 -9.31% -226736.53% 0.00x 1.11x AU$-3.93 Million
2023 -50.32% -37699.41% 0.00x 1.03x AU$-8.45 Million
2024 -14.22% -73389.04% 0.00x 1.04x AU$-3.79 Million
2025 -13.73% -45798.03% 0.00x 1.02x AU$-3.66 Million

Industry Comparison

This section compares Metal Bank Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $7,902,647
  • Average return on equity (ROE) among peers: -82.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Metal Bank Ltd (MBK) AU$15.41 Million -458.79% 0.02x $4.23 Million
Australasian Metals Ltd (A8G) $5.45 Million -47.41% 0.04x $1.25 Million
Aruma Resources Ltd (AAJ) $1.53 Million -123.06% 0.10x $1.95 Million
Astral Resources NL (AAR) $1.50 Million -28.28% 0.15x $138.29 Million
Adelong Gold Ltd (ADG) $2.90 Million -71.05% 0.15x $6.07 Million
Ardiden Ltd (ADV) $2.31 Million -344.43% 0.16x $10.51 Million
Ark Mines Ltd (AHK) $6.10 Million -19.74% 0.04x $6.97 Million
Aureka Ltd (AKA) $5.45 Million -87.03% 0.13x $6.48 Million
Alkane Resources Ltd (ALK) $43.70 Million 5.26% 0.02x $196.91 Million
Alchemy Resources Ltd (ALY) $6.40 Million -6.11% 0.04x $4.22 Million
Alto Metals Ltd (AME) $3.69 Million -100.36% 0.03x $20.54 Million