Metal Bank Ltd (MBK) - Net Assets

Latest as of December 2025: AU$20.04 Million AUD ≈ $14.18 Million USD

Based on the latest financial reports, Metal Bank Ltd (MBK) has net assets worth AU$20.04 Million AUD (≈ $14.18 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$20.37 Million ≈ $14.42 Million USD) and total liabilities (AU$334.64K ≈ $236.78K 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 MBK asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$20.04 Million
% of Total Assets	98.36%
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. Also explore balance sheet size of Metal Bank Ltd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Metal Bank Ltd (MBK) market capitalisation.

Year	Net Assets	Change
2025-06-30	AU$15.41 Million ≈ $10.90 Million	-1.51%
2024-06-30	AU$15.64 Million ≈ $11.07 Million	+11.73%
2023-06-30	AU$14.00 Million ≈ $9.91 Million	-31.17%
2022-06-30	AU$20.34 Million ≈ $14.39 Million	+88.32%
2021-06-30	AU$10.80 Million ≈ $7.64 Million	+18.89%
2020-06-30	AU$9.09 Million ≈ $6.43 Million	-12.78%
2019-06-30	AU$10.42 Million ≈ $7.37 Million	-3.92%
2018-06-30	AU$10.84 Million ≈ $7.67 Million	+28.87%
2017-06-30	AU$8.41 Million ≈ $5.95 Million	+179.14%
2016-06-30	AU$3.01 Million ≈ $2.13 Million	-22.51%
2015-06-30	AU$3.89 Million ≈ $2.75 Million	-4.13%
2014-06-30	AU$4.06 Million ≈ $2.87 Million	+687.94%
2013-06-30	AU$514.88K ≈ $364.31K	-36.36%
2012-06-30	AU$809.02K ≈ $572.43K	+21.75%
2011-06-30	AU$664.51K ≈ $470.18K	+403.43%
2010-06-30	AU$-219.00K ≈ $-154.96K	-28.07%
2009-06-30	AU$-171.00K ≈ $-120.99K	-113.75%
2008-06-30	AU$-80.00K ≈ $-56.61K	--

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
Jatcorp Ltd AU:JAT	$9.54 Million
Adaptimmune Therapeutics Plc NASDAQ:ADAP	$9.54 Million
Qwamplify SA PA:ALQWA	$9.55 Million
Merchavia Holdings and Investments Ltd TA:MRHL	$9.56 Million
California Nanotechnologies Corp V:CNO	$9.52 Million
ESSA Pharma Inc NASDAQ:EPIX	$9.52 Million
Viking Mines Ltd AU:VKA	$9.52 Million
Aprea Therapeutics Inc NASDAQ:APRE	$9.52 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: 0.47x
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 0.05x to 0.47x 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: $7,107,544
Average return on equity (ROE) among peers: -107.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Metal Bank Ltd (MBK)	AU$20.04 Million	-458.79%	0.02x	$9.52 Million
Australasian Metals Ltd (A8G)	$5.85 Million	-16.53%	0.05x	$3.19 Million
Ariana Resources Plc (AA2)	$21.37 Million	-1.02%	0.03x	$59.56 Million
Aruma Resources Ltd (AAJ)	$4.26 Million	-76.11%	0.14x	$5.69 Million
Astral Resources NL (AAR)	$11.28 Million	49.48%	0.09x	$197.52 Million
Antilles Gold Ltd (AAU)	$4.86 Million	10.22%	0.16x	$28.68 Million
Adelong Gold Ltd (ADG)	$2.90 Million	-71.05%	0.15x	$11.32 Million
Ardiden Ltd (ADV)	$1.30 Million	-752.46%	0.85x	$58.54 Million
Australian Gold and Copper Ltd (AGC)	$17.69 Million	-3.27%	0.01x	$33.34 Million
Ark Mines Ltd (AHK)	$1.27 Million	-210.75%	0.02x	$17.91 Million
Alkane Resources Ltd (ALK)	$303.00K	-0.66%	2.68x	$1.39 Billion

About Metal Bank Ltd

AU:MBK Australia Gold

Market Cap

$9.52 Million

AU$13.46 Million AUD

Market Cap Rank

#26969 Global

#1350 in Australia

Share Price

AU$0.02

Change (1 day)

+0.00%

52-Week Range

AU$0.01 - AU$0.03

All Time High

AU$0.38