Mount Gibson Iron Ltd Net Assets

Latest as of June 2026: AU$422.76 Million AUD ≈ $299.13 Million USD

Mount Gibson Iron Ltd net assets. Based on the latest financial reports, Mount Gibson Iron Ltd (MGX) has net assets worth AU$422.76 Million AUD (≈ $299.13 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$491.70 Million ≈ $347.91 Million USD) and total liabilities (AU$68.95 Million ≈ $48.78 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 net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$422.76 Million
% of Total Assets	85.98%
Annual Growth Rate	7.85%
5-Year Change	-20.7%
10-Year Change	0.9%
Growth Volatility	171.18

Net Assets of Mount Gibson Iron Ltd (1989–2026)

Net assets of Mount Gibson Iron Ltd from 1989 to 2026. This chart illustrates how Mount Gibson Iron Ltd's net assets have evolved over time, based on quarterly financial data. See MGX net asset quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Mount Gibson Iron Ltd (1989–2026)

The table below shows the annual net assets of Mount Gibson Iron Ltd from 1989 to 2026. For live market cap and overall valuation, see how much is Mount Gibson Iron Ltd worth.

Year	Net Assets	Change
2026-06-30	AU$422.76 Million ≈ $299.13 Million	-6.71%
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 60553.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Mount Gibson Iron Ltd Net Assets Breakdown (June 2026)

Mount Gibson Iron Ltd net assets breakdown by equity component as of June 2026.

Component	Amount	Percentage
Common Stock	AU$620.83 Million	146.85%
Other Comprehensive Income	AU$926.96 Million	219.26%
Total Equity	AU$422.76 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
Hua Jung Components Co Ltd TWO:5328	$250.57 Million
Wisesoft Co Ltd SHE:002253	$250.59 Million
SUNAC SERVIC.HLDGS HD-01 F:65D	$250.75 Million
SYLVANIA PLAT. DL 001 F:31L	$250.91 Million
Zippy Technology Corp TW:2420	$250.56 Million
Orient Cement Limited NSE:ORIENTCEM	$250.50 Million
Shanxi Tond Chemical Co Ltd SHE:002360	$250.45 Million
Rithm Acquisition Corp. NYSE:RAC	$250.32 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 2025 to 2026, total equity changed from 453,176,000 to 422,758,000, a change of -30,418,000 (-6.7%).
Net loss of 30,171,000 reduced equity.
Other comprehensive income increased equity by 905,769,001.
Other factors decreased equity by 906,016,001.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	AU$-30.17 Million	-7.14%
Other Comprehensive Income	AU$905.77 Million	+214.25%
Other Changes	AU$-906.02 Million	-214.31%
Total Change	AU$-	-6.71%

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: 0.83x
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 decreased from 12.96x to 0.83x 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$0.30	x
1990-06-30	AU$0.02	AU$0.30	x
1991-06-30	AU$0.01	AU$0.30	x
1992-06-30	AU$0.01	AU$0.30	x
1993-06-30	AU$0.02	AU$0.30	x
1994-06-30	AU$0.03	AU$0.30	x
1995-06-30	AU$0.03	AU$0.30	x
1996-06-30	AU$0.02	AU$0.30	x
1997-06-30	AU$0.02	AU$0.30	x
1998-06-30	AU$0.02	AU$0.30	x
2001-06-30	AU$0.00	AU$0.30	x
2002-06-30	AU$0.02	AU$0.30	x
2003-06-30	AU$0.02	AU$0.30	x
2004-06-30	AU$0.02	AU$0.30	x
2005-06-30	AU$0.07	AU$0.30	x
2006-06-30	AU$0.05	AU$0.30	x
2007-06-30	AU$0.21	AU$0.30	x
2008-06-30	AU$0.28	AU$0.30	x
2009-06-30	AU$0.36	AU$0.30	x
2010-06-30	AU$0.86	AU$0.30	x
2011-06-30	AU$1.08	AU$0.30	x
2012-06-30	AU$1.18	AU$0.30	x
2013-06-30	AU$1.09	AU$0.30	x
2014-06-30	AU$1.16	AU$0.30	x
2015-06-30	AU$0.28	AU$0.30	x
2016-06-30	AU$0.36	AU$0.30	x
2017-06-30	AU$0.38	AU$0.30	x
2018-06-30	AU$0.45	AU$0.30	x
2019-06-30	AU$0.55	AU$0.30	x
2020-06-30	AU$0.58	AU$0.30	x
2021-06-30	AU$0.61	AU$0.30	x
2022-06-30	AU$0.45	AU$0.30	x
2023-06-30	AU$0.45	AU$0.30	x
2024-06-30	AU$0.45	AU$0.30	x
2025-06-30	AU$0.38	AU$0.30	x
2026-06-30	AU$0.36	AU$0.30	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): -7.14%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -15.16%
• Asset Turnover: 0.40x
• Equity Multiplier: 1.16x
Recent ROE (-7.14%) is below the historical average (-6.62%), 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
2026	-7.14%	-15.16%	0.40x	1.16x	AU$-72.45 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: $529,774,552
Average return on equity (ROE) among peers: -33.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mount Gibson Iron Ltd (MGX)	AU$422.76 Million	-0.26%	0.16x	$250.57 Million
BCI Minerals Ltd (BCI)	$805.22 Million	-1.90%	0.27x	$1.07 Billion
Bisalloy Steel Group Ltd (BIS)	$25.61 Million	6.02%	0.72x	$140.15 Million
Bluescope Steel Ltd (BSL)	$4.40 Billion	-23.98%	0.77x	$10.32 Billion
Equinox Resources Ltd (EQN)	$18.76 Million	-16.82%	0.01x	$6.61 Million
Equatorial Resources Ltd (EQX)	$1.33 Million	-89.17%	0.48x	$9.77 Million
FENIX Resources Ltd (FEX)	$1.28 Million	-43.39%	0.03x	$102.72 Million
Grange Resources Ltd (GRR)	$3.96 Million	1.34%	0.02x	$85.98 Million
GWR Group Ltd (GWR)	$39.44 Million	-53.55%	0.06x	$19.92 Million
Iron Road Ltd (IRD)	$5.20 Million	-7.33%	0.03x	$4.16 Million
Macro Metals Ltd (M4M)	$835.64K	-103.27%	0.09x	$21.01 Million

About Mount Gibson Iron Ltd

AU:MGX Australia Steel

Market Cap

$250.57 Million

AU$354.13 Million AUD

Market Cap Rank

#15414 Global

#411 in Australia

Share Price

AU$0.30

Change (1 day)

+0.00%

52-Week Range

AU$0.29 - AU$0.49

All Time High

AU$1.12