Mount Gibson Iron Ltd (MGX) - Net Assets

Latest as of December 2025: AU$431.79 Million AUD ≈ $305.52 Million USD

Based on the latest financial reports, Mount Gibson Iron Ltd (MGX) has net assets worth AU$431.79 Million AUD (≈ $305.52 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$512.41 Million ≈ $362.56 Million USD) and total liabilities (AU$80.62 Million ≈ $57.04 Million 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. Also explore Mount Gibson Iron Ltd asset portfolio for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$431.79 Million
% of Total Assets	84.27%
Annual Growth Rate	8.29%
5-Year Change	-37.03%
10-Year Change	15.63%
Growth Volatility	173.43

Mount Gibson Iron Ltd - Net Assets Trend (1989–2025)

This chart illustrates how Mount Gibson Iron Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see MGX market cap.

Annual Net Assets for Mount Gibson Iron Ltd (1989–2025)

The table below shows the annual net assets of Mount Gibson Iron Ltd from 1989 to 2025. Explore cash efficiency ratio of Mount Gibson Iron Ltd to assess how effectively this company generates cash.

Year	Net Assets	Change
2025-06-30	AU$453.18 Million ≈ $320.65 Million	-17.03%
2024-06-30	AU$546.17 Million ≈ $386.45 Million	+1.29%
2023-06-30	AU$539.23 Million ≈ $381.54 Million	+1.15%
2022-06-30	AU$533.10 Million ≈ $377.21 Million	-25.93%
2021-06-30	AU$719.71 Million ≈ $509.24 Million	+7.30%
2020-06-30	AU$670.73 Million ≈ $474.58 Million	+9.45%
2019-06-30	AU$612.81 Million ≈ $433.60 Million	+23.35%
2018-06-30	AU$496.82 Million ≈ $351.53 Million	+18.58%
2017-06-30	AU$418.98 Million ≈ $296.46 Million	+6.90%
2016-06-30	AU$391.94 Million ≈ $277.32 Million	+28.26%
2015-06-30	AU$305.57 Million ≈ $216.21 Million	-75.79%
2014-06-30	AU$1.26 Billion ≈ $892.96 Million	+6.77%
2013-06-30	AU$1.18 Billion ≈ $836.37 Million	-7.47%
2012-06-30	AU$1.28 Billion ≈ $903.87 Million	+9.51%
2011-06-30	AU$1.17 Billion ≈ $825.40 Million	+25.85%
2010-06-30	AU$926.91 Million ≈ $655.85 Million	+18.76%
2009-06-30	AU$780.48 Million ≈ $552.24 Million	+30.85%
2008-06-30	AU$596.49 Million ≈ $422.06 Million	+31.30%
2007-06-30	AU$454.31 Million ≈ $321.45 Million	+316.05%
2006-06-30	AU$109.20 Million ≈ $77.26 Million	+23.73%
2005-06-30	AU$88.26 Million ≈ $62.45 Million	+277.18%
2004-06-30	AU$23.40 Million ≈ $16.56 Million	+11.69%
2003-06-30	AU$20.95 Million ≈ $14.82 Million	+0.88%
2002-06-30	AU$20.77 Million ≈ $14.69 Million	+939.39%
2001-06-30	AU$2.00 Million ≈ $1.41 Million	-90.71%
1998-06-30	AU$21.51 Million ≈ $15.22 Million	-10.61%
1997-06-30	AU$24.06 Million ≈ $17.02 Million	-12.89%
1996-06-30	AU$27.62 Million ≈ $19.54 Million	-10.48%
1995-06-30	AU$30.86 Million ≈ $21.83 Million	-12.89%
1994-06-30	AU$35.42 Million ≈ $25.06 Million	+61.03%
1993-06-30	AU$22.00 Million ≈ $15.56 Million	+118.01%
1992-06-30	AU$10.09 Million ≈ $7.14 Million	-17.91%
1991-06-30	AU$12.29 Million ≈ $8.70 Million	-49.96%
1990-06-30	AU$24.57 Million ≈ $17.38 Million	-4.66%
1989-06-30	AU$25.77 Million ≈ $18.23 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Mount Gibson Iron 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 10247.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$620.83 Million	136.99%
Other Comprehensive Income	AU$21.19 Million	4.68%
Other Components	AU$1.00	0.00%
Total Equity	AU$453.18 Million	100.00%

Mount Gibson Iron Ltd Competitors by Market Cap

The table below lists competitors of Mount Gibson Iron Ltd ranked by their market capitalization.

Company	Market Cap
Motech Industries Co Ltd TWO:6244	$334.11 Million
Onity Group Inc. NYSE:ONIT	$334.39 Million
Ascencio (D) BR:ASCE	$334.42 Million
Aeris Resources Ltd AU:AIS	$334.59 Million
Ratchthani Leasing Public Company Limited BK:THANI	$333.96 Million
Samudera Indonesia Tbk JK:SMDR	$333.92 Million
Sarana Meditama Metropolitan JK:SAME	$333.92 Million
T&L Co. Ltd KQ:340570	$333.87 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 546,173,000 to 453,176,000, a change of -92,997,000 (-17.0%).
Net loss of 82,192,000 reduced equity.
Share repurchases of 12,156,000 reduced equity.
Other comprehensive income decreased equity by 904,549,001.
Other factors increased equity by 905,900,001.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-82.19 Million	-18.14%
Share Repurchases	AU$12.16 Million	-2.68%
Other Comprehensive Income	AU$-904.55 Million	-199.6%
Other Changes	AU$905.90 Million	+199.9%
Total Change	AU$-	-17.03%

Book Value vs Market Value Analysis

This analysis compares Mount Gibson Iron 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: 1.05x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 17.28x to 1.05x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1989-06-30	AU$0.02	AU$0.40	x
1990-06-30	AU$0.02	AU$0.40	x
1991-06-30	AU$0.01	AU$0.40	x
1992-06-30	AU$0.01	AU$0.40	x
1993-06-30	AU$0.02	AU$0.40	x
1994-06-30	AU$0.03	AU$0.40	x
1995-06-30	AU$0.03	AU$0.40	x
1996-06-30	AU$0.02	AU$0.40	x
1997-06-30	AU$0.02	AU$0.40	x
1998-06-30	AU$0.02	AU$0.40	x
2001-06-30	AU$0.00	AU$0.40	x
2002-06-30	AU$0.02	AU$0.40	x
2003-06-30	AU$0.02	AU$0.40	x
2004-06-30	AU$0.02	AU$0.40	x
2005-06-30	AU$0.07	AU$0.40	x
2006-06-30	AU$0.05	AU$0.40	x
2007-06-30	AU$0.21	AU$0.40	x
2008-06-30	AU$0.28	AU$0.40	x
2009-06-30	AU$0.36	AU$0.40	x
2010-06-30	AU$0.86	AU$0.40	x
2011-06-30	AU$1.08	AU$0.40	x
2012-06-30	AU$1.18	AU$0.40	x
2013-06-30	AU$1.09	AU$0.40	x
2014-06-30	AU$1.16	AU$0.40	x
2015-06-30	AU$0.28	AU$0.40	x
2016-06-30	AU$0.36	AU$0.40	x
2017-06-30	AU$0.38	AU$0.40	x
2018-06-30	AU$0.45	AU$0.40	x
2019-06-30	AU$0.55	AU$0.40	x
2020-06-30	AU$0.58	AU$0.40	x
2021-06-30	AU$0.61	AU$0.40	x
2022-06-30	AU$0.45	AU$0.40	x
2023-06-30	AU$0.45	AU$0.40	x
2024-06-30	AU$0.45	AU$0.40	x
2025-06-30	AU$0.38	AU$0.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mount Gibson Iron 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): -18.14%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -24.87%
• Asset Turnover: 0.57x
• Equity Multiplier: 1.29x
Recent ROE (-18.14%) is below the historical average (-6.60%), 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	-0.26%	-0.15%	0.78x	2.22x	AU$-2.64 Million
1990	-5.66%	-3.20%	0.72x	2.48x	AU$-3.85 Million
1991	5.62%	2.75%	0.65x	3.16x	AU$-539.60K
1992	-0.20%	-0.08%	1.07x	2.36x	AU$-1.03 Million
1993	0.54%	0.42%	0.75x	1.68x	AU$-2.05 Million
1994	0.01%	0.01%	0.64x	1.49x	AU$-3.50 Million
1995	-1.09%	-0.71%	0.87x	1.74x	AU$-3.35 Million
1996	-12.00%	-8.30%	0.74x	1.96x	AU$-5.93 Million
1997	0.25%	0.16%	0.74x	2.09x	AU$-2.28 Million
1998	0.00%	0.00%	0.00x	2.02x	AU$-2.15 Million
2001	-3.00%	-27.27%	0.10x	1.08x	AU$-259.81K
2002	-1.93%	-31.60%	0.05x	1.19x	AU$-2.48 Million
2003	-58.95%	-1893.57%	0.03x	1.22x	AU$-14.45 Million
2004	-64.40%	-76.84%	0.27x	3.10x	AU$-12.69 Million
2005	29.90%	30.85%	0.70x	1.39x	AU$15.78 Million
2006	24.10%	31.99%	0.51x	1.47x	AU$13.74 Million
2007	10.51%	30.61%	0.23x	1.52x	AU$2.33 Million
2008	19.00%	27.69%	0.46x	1.50x	AU$53.69 Million
2009	5.46%	8.80%	0.44x	1.43x	AU$-35.43 Million
2010	14.28%	25.50%	0.40x	1.40x	AU$39.70 Million
2011	20.53%	37.01%	0.42x	1.33x	AU$122.85 Million
2012	13.50%	27.08%	0.36x	1.40x	AU$44.75 Million
2013	13.31%	18.65%	0.54x	1.32x	AU$39.14 Million
2014	7.63%	14.60%	0.41x	1.27x	AU$-29.85 Million
2015	-291.09%	-281.81%	0.77x	1.35x	AU$-920.06 Million
2016	22.02%	36.69%	0.50x	1.21x	AU$47.10 Million
2017	6.28%	14.41%	0.37x	1.18x	AU$-15.58 Million
2018	19.95%	39.01%	0.43x	1.19x	AU$49.45 Million
2019	21.76%	47.91%	0.38x	1.19x	AU$72.09 Million
2020	12.55%	18.48%	0.57x	1.20x	AU$17.13 Million
2021	8.89%	21.30%	0.31x	1.37x	AU$-7.97 Million
2022	-32.66%	-93.55%	0.24x	1.43x	AU$-227.43 Million
2023	0.96%	1.14%	0.62x	1.34x	AU$-48.74 Million
2024	1.18%	0.96%	1.01x	1.22x	AU$-48.19 Million
2025	-18.14%	-24.87%	0.57x	1.29x	AU$-127.51 Million

Industry Comparison

This section compares Mount Gibson Iron Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $409,276,264
Average return on equity (ROE) among peers: -15.51%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mount Gibson Iron Ltd (MGX)	AU$431.79 Million	-0.26%	0.19x	$334.09 Million
BCI Minerals Ltd (BCI)	$107.16 Million	5.29%	0.16x	$776.38 Million
Bisalloy Steel Group Ltd (BIS)	$21.68 Million	-7.61%	1.03x	$158.40 Million
Bluescope Steel Ltd (BSL)	$3.78 Billion	-27.61%	0.78x	$9.30 Billion
Equinox Resources Ltd (EQN)	$16.63 Million	-18.29%	0.01x	$6.61 Million
Equatorial Resources Ltd (EQX)	$2.00 Million	2.62%	0.11x	$14.88 Million
FENIX Resources Ltd (FEX)	$7.45 Million	-17.10%	0.02x	$173.83 Million
Grange Resources Ltd (GRR)	$3.96 Million	1.34%	0.02x	$139.21 Million
GWR Group Ltd (GWR)	$20.02 Million	-58.98%	0.07x	$27.48 Million
Iron Road Ltd (IRD)	$132.44 Million	-1.12%	0.02x	$7.65 Million
Macro Metals Ltd (M4M)	$2.62 Million	-33.63%	1.80x	$22.63 Million

About Mount Gibson Iron Ltd

AU:MGX Australia Steel

Market Cap

$334.09 Million

AU$472.17 Million AUD

Market Cap Rank

#14508 Global

#382 in Australia

Share Price

AU$0.40

Change (1 day)

+1.27%

52-Week Range

AU$0.26 - AU$0.49

All Time High

AU$1.12