Middle Island Resources Ltd (MDI) - Net Assets

Latest as of June 2025: AU$3.00 Million AUD ≈ $2.12 Million USD

Based on the latest financial reports, Middle Island Resources Ltd (MDI) has net assets worth AU$3.00 Million AUD (≈ $2.12 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.18 Million ≈ $2.25 Million USD) and total liabilities (AU$177.43K ≈ $125.54K 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 Middle Island Resources Ltd (MDI) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$3.00 Million
% of Total Assets	94.42%
Annual Growth Rate	-10.6%
5-Year Change	-45.74%
10-Year Change	-49.27%
Growth Volatility	46.75

Middle Island Resources Ltd - Net Assets Trend (2010–2025)

This chart illustrates how Middle Island Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Middle Island Resources Ltd for the complete picture of this company's asset base.

Annual Net Assets for Middle Island Resources Ltd (2010–2025)

The table below shows the annual net assets of Middle Island Resources Ltd from 2010 to 2025. For live valuation and market cap data, see MDI market cap.

Year	Net Assets	Change
2025-06-30	AU$3.00 Million ≈ $2.12 Million	-24.47%
2024-06-30	AU$3.97 Million ≈ $2.81 Million	+2.64%
2023-06-30	AU$3.87 Million ≈ $2.74 Million	-57.78%
2022-06-30	AU$9.17 Million ≈ $6.49 Million	+65.77%
2021-06-30	AU$5.53 Million ≈ $3.91 Million	-16.05%
2020-06-30	AU$6.59 Million ≈ $4.66 Million	+105.08%
2019-06-30	AU$3.21 Million ≈ $2.27 Million	-27.32%
2018-06-30	AU$4.42 Million ≈ $3.13 Million	+6.63%
2017-06-30	AU$4.14 Million ≈ $2.93 Million	-29.93%
2016-06-30	AU$5.91 Million ≈ $4.18 Million	+77.82%
2015-06-30	AU$3.33 Million ≈ $2.35 Million	-27.89%
2014-06-30	AU$4.61 Million ≈ $3.26 Million	-48.52%
2013-06-30	AU$8.96 Million ≈ $6.34 Million	-41.85%
2012-06-30	AU$15.41 Million ≈ $10.90 Million	+16.71%
2011-06-30	AU$13.20 Million ≈ $9.34 Million	-18.09%
2010-06-30	AU$16.12 Million ≈ $11.40 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Middle Island Resources 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 4825329300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$51.34 Million	1711.17%
Other Comprehensive Income	AU$82.84K	2.76%
Total Equity	AU$3.00 Million	100.00%

Middle Island Resources Ltd Competitors by Market Cap

The table below lists competitors of Middle Island Resources Ltd ranked by their market capitalization.

Company	Market Cap
Rudrabhishek Enterprises Limited NSE:REPL	$15.47 Million
RGT Bhd KLSE:9954	$15.47 Million
Diagnos Inc V:ADK	$15.47 Million
Picard Medical, Inc. NYSE MKT:PMI	$15.48 Million
Mega Polietilen Kopuk Sanayi ve Ticaret AS IS:MEGAP	$15.46 Million
Janfusun Fancyworld TWO:5701	$15.45 Million
RPCG Public Company Limited BK:RPC	$15.45 Million
Argenica Therapeutics Ltd AU:AGN	$15.45 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,972,156 to 3,000,286, a change of -971,870 (-24.5%).
Net loss of 2,052,080 reduced equity.
Other comprehensive income increased equity by 39,826.
Other factors increased equity by 1,040,384.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-2.05 Million	-68.4%
Other Comprehensive Income	AU$39.83K	+1.33%
Other Changes	AU$1.04 Million	+34.68%
Total Change	AU$-	-24.47%

Book Value vs Market Value Analysis

This analysis compares Middle Island Resources 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: 1.91x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.13x to 1.91x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-06-30	AU$0.17	AU$0.02	x
2011-06-30	AU$3.19	AU$0.02	x
2012-06-30	AU$2.05	AU$0.02	x
2013-06-30	AU$1.01	AU$0.02	x
2014-06-30	AU$0.49	AU$0.02	x
2015-06-30	AU$0.52	AU$0.02	x
2016-06-30	AU$0.49	AU$0.02	x
2017-06-30	AU$0.17	AU$0.02	x
2018-06-30	AU$0.16	AU$0.02	x
2019-06-30	AU$0.08	AU$0.02	x
2020-06-30	AU$0.10	AU$0.02	x
2021-06-30	AU$0.04	AU$0.02	x
2022-06-30	AU$0.07	AU$0.02	x
2023-06-30	AU$0.03	AU$0.02	x
2024-06-30	AU$0.02	AU$0.02	x
2025-06-30	AU$0.01	AU$0.02	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Middle Island Resources 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): -68.40%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -950.13%
• Asset Turnover: 0.07x
• Equity Multiplier: 1.06x
Recent ROE (-68.40%) is above the historical average (-68.74%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	-24.61%	0.00%	0.00x	1.03x	AU$-4.57 Million
2012	-46.69%	-2335464.61%	0.00x	1.06x	AU$-8.73 Million
2013	-77.63%	-1783116.92%	0.00x	1.05x	AU$-7.85 Million
2014	-92.72%	-2685.77%	0.03x	1.03x	AU$-4.74 Million
2015	-38.96%	-351.26%	0.10x	1.07x	AU$-1.63 Million
2016	-53.61%	-6235.60%	0.01x	1.07x	AU$-3.76 Million
2017	-102.71%	-29031.75%	0.00x	1.44x	AU$-4.67 Million
2018	-34.85%	-714.28%	0.04x	1.36x	AU$-1.98 Million
2019	-82.64%	-7079.69%	0.01x	1.43x	AU$-2.98 Million
2020	-48.20%	-21514.89%	0.00x	1.35x	AU$-3.83 Million
2021	-123.37%	-124564.83%	0.00x	1.33x	AU$-7.37 Million
2022	-58.06%	-4615.00%	0.01x	1.02x	AU$-6.24 Million
2023	-136.85%	-16478.71%	0.01x	1.03x	AU$-5.68 Million
2024	-41.84%	-2375.23%	0.02x	1.04x	AU$-2.06 Million
2025	-68.40%	-950.13%	0.07x	1.06x	AU$-2.35 Million

Industry Comparison

This section compares Middle Island Resources 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
Middle Island Resources Ltd (MDI)	AU$3.00 Million	-24.61%	0.06x	$15.46 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 Middle Island Resources Ltd

AU:MDI Australia Gold

Market Cap

$15.46 Million

AU$21.85 Million AUD

Market Cap Rank

#25739 Global

#1179 in Australia

Share Price

AU$0.02

Change (1 day)

-4.35%

52-Week Range

AU$0.02 - AU$0.06

All Time High

AU$1.72