Mineral Resources Ltd (MIN) - Net Assets

Latest as of December 2025: AU$4.21 Billion AUD ≈ $2.98 Billion USD

Based on the latest financial reports, Mineral Resources Ltd (MIN) has net assets worth AU$4.21 Billion AUD (≈ $2.98 Billion 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$11.93 Billion ≈ $8.44 Billion USD) and total liabilities (AU$7.72 Billion ≈ $5.46 Billion 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 Mineral Resources Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$4.21 Billion
% of Total Assets 35.31%
Annual Growth Rate 24.04%
5-Year Change 12.72%
10-Year Change 262.76%
Growth Volatility 53.65

Mineral Resources Ltd - Net Assets Trend (2007–2025)

This chart illustrates how Mineral Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore MIN total asset value for the complete picture of this company's asset base.

Annual Net Assets for Mineral Resources Ltd (2007–2025)

The table below shows the annual net assets of Mineral Resources Ltd from 2007 to 2025. For live valuation and market cap data, see Mineral Resources Ltd (MIN) market capitalisation.

Year Net Assets Change
2025-06-30 AU$3.66 Billion
≈ $2.59 Billion		 +2.09%
2024-06-30 AU$3.58 Billion
≈ $2.54 Billion		 +1.77%
2023-06-30 AU$3.52 Billion
≈ $2.49 Billion		 +7.66%
2022-06-30 AU$3.27 Billion
≈ $2.31 Billion		 +0.77%
2021-06-30 AU$3.25 Billion
≈ $2.30 Billion		 +41.41%
2020-06-30 AU$2.30 Billion
≈ $1.62 Billion		 +66.32%
2019-06-30 AU$1.38 Billion
≈ $976.58 Million		 +5.80%
2018-06-30 AU$1.30 Billion
≈ $923.06 Million		 +15.23%
2017-06-30 AU$1.13 Billion
≈ $801.03 Million		 +12.24%
2016-06-30 AU$1.01 Billion
≈ $713.69 Million		 -6.79%
2015-06-30 AU$1.08 Billion
≈ $765.69 Million		 -5.02%
2014-06-30 AU$1.14 Billion
≈ $806.13 Million		 +11.94%
2013-06-30 AU$1.02 Billion
≈ $720.12 Million		 +11.02%
2012-06-30 AU$916.75 Million
≈ $648.66 Million		 +46.09%
2011-06-30 AU$627.51 Million
≈ $444.00 Million		 +29.20%
2010-06-30 AU$485.68 Million
≈ $343.65 Million		 +235.49%
2009-06-30 AU$144.76 Million
≈ $102.43 Million		 +24.77%
2008-06-30 AU$116.02 Million
≈ $82.09 Million		 +53.35%
2007-06-30 AU$75.66 Million
≈ $53.53 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Mineral 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 grown by 9436.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$1.56 Billion 48.23%
Common Stock AU$1.04 Billion 32.33%
Other Comprehensive Income AU$680.00 Million 21.08%
Total Equity AU$3.23 Billion 100.00%

Mineral Resources Ltd Competitors by Market Cap

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

Company Market Cap
Epiroc AB (publ)
ST:EPI-B
 $9.38 Billion
MISC Bhd
KLSE:3816
 $9.39 Billion
Torrent Power Limited
NSE:TORNTPOWER
 $9.39 Billion
ISUZU MOTORS LTD ADR
F:ISUA
 $9.40 Billion
Korea Investment Holdings Co
KO:071050
 $9.36 Billion
China Zheshang Bank Co Ltd
SHG:601916
 $9.36 Billion
Puig Brands SA
MC:PUIG
 $9.36 Billion
Formosa Chemicals & Fibre Corp
TW:1326
 $9.36 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 3,545,000,000 to 3,226,000,000, a change of -319,000,000 (-9.0%).
  • Net loss of 904,000,000 reduced equity.
  • Dividend payments of 46,000,000 reduced retained earnings.
  • Other comprehensive income increased equity by 548,000,000.
  • Other factors increased equity by 83,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-904.00 Million -28.02%
Dividends Paid AU$46.00 Million -1.43%
Other Comprehensive Income AU$548.00 Million +16.99%
Other Changes AU$83.00 Million +2.57%
Total Change AU$- -9.00%

Book Value vs Market Value Analysis

This analysis compares Mineral 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: 4.09x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 105.60x to 4.09x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-06-30 AU$0.63 AU$66.98 x
2008-06-30 AU$0.94 AU$66.98 x
2009-06-30 AU$1.15 AU$66.98 x
2010-06-30 AU$3.16 AU$66.98 x
2011-06-30 AU$3.48 AU$66.98 x
2012-06-30 AU$4.85 AU$66.98 x
2013-06-30 AU$5.36 AU$66.98 x
2014-06-30 AU$6.01 AU$66.98 x
2015-06-30 AU$5.68 AU$66.98 x
2016-06-30 AU$5.30 AU$66.98 x
2017-06-30 AU$5.95 AU$66.98 x
2018-06-30 AU$6.86 AU$66.98 x
2019-06-30 AU$7.24 AU$66.98 x
2020-06-30 AU$12.03 AU$66.98 x
2021-06-30 AU$16.98 AU$66.98 x
2022-06-30 AU$17.08 AU$66.98 x
2023-06-30 AU$18.03 AU$66.98 x
2024-06-30 AU$17.95 AU$66.98 x
2025-06-30 AU$16.38 AU$66.98 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mineral 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): -28.02%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -20.21%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 3.70x
  • Recent ROE (-28.02%) is below the historical average (17.74%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 26.65% 14.22% 0.90x 2.08x AU$12.60 Million
2008 40.59% 20.00% 1.05x 1.93x AU$35.49 Million
2009 30.61% 17.64% 0.87x 2.00x AU$29.83 Million
2010 21.15% 31.51% 0.37x 1.84x AU$51.30 Million
2011 24.88% 24.80% 0.63x 1.60x AU$90.29 Million
2012 27.04% 26.19% 0.64x 1.60x AU$152.62 Million
2013 18.17% 16.53% 0.61x 1.81x AU$81.52 Million
2014 20.66% 12.17% 1.02x 1.66x AU$119.23 Million
2015 1.21% 0.98% 0.82x 1.50x AU$-93.39 Million
2016 -2.51% -2.11% 0.73x 1.64x AU$-123.84 Million
2017 18.08% 13.81% 0.79x 1.65x AU$90.03 Million
2018 21.18% 16.68% 0.78x 1.62x AU$143.82 Million
2019 12.02% 10.82% 0.48x 2.32x AU$27.55 Million
2020 44.32% 47.24% 0.46x 2.04x AU$777.22 Million
2021 39.63% 34.01% 0.65x 1.79x AU$949.35 Million
2022 10.82% 10.22% 0.45x 2.36x AU$26.51 Million
2023 7.00% 5.09% 0.57x 2.42x AU$-104.21 Million
2024 3.53% 2.37% 0.43x 3.45x AU$-229.50 Million
2025 -28.02% -20.21% 0.37x 3.70x AU$-1.23 Billion

Industry Comparison

This section compares Mineral Resources Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $10,806,938
  • Average return on equity (ROE) among peers: -44.44%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Mineral Resources Ltd (MIN) AU$4.21 Billion 26.65% 1.83x $9.37 Billion
Morella Corporation Ltd (1MC) $5.37 Million -12.67% 0.90x $8.08 Million
Amaero Ltd (3DA) $54.23 Million -45.05% 0.68x $232.53 Million
6K Additive Inc (6KA) $-21.36 Million 0.00% 0.00x $151.29 Million
Atlantic Lithium Ltd (A11) $805.39K -301.13% 1.62x $159.26 Million
African Gold Ltd (A1G) $10.30 Million -17.56% 0.09x $419.02 Million
Albright Metals Ltd (ABR) $11.82 Million -15.47% 0.06x $4.20 Million
Audalia Resources Ltd (ACP) $3.12 Million -36.11% 3.67x $14.72 Million
Accent Resources NL (ACS) $13.16 Million -6.74% 0.05x $16.28 Million
Acdc Metals Ltd (ADC) $10.58 Million -4.74% 0.03x $2.97 Million
Andromeda Metals Ltd (ADN) $20.02 Million -4.90% 0.04x $29.44 Million

About Mineral Resources Ltd

AU:MIN Australia Other Industrial Metals & Mining
Market Cap
$9.37 Billion
AU$13.24 Billion AUD
Market Cap Rank
#2333 Global
#46 in Australia
Share Price
AU$66.98
Change (1 day)
+0.42%
52-Week Range
AU$18.50 - AU$66.98
All Time High
AU$93.75
Categories
Companies in Australia Other Industrial Metals & Mining
About

Mineral Resources Limited, together with subsidiaries, provides mining services in Australia, Asia, and internationally. It operates through Mining Services, Iron Ore, Lithium, and Energy and Other segments. The company offers pit-to-ship solutions comprising open pit mining, crushing and material handling, processing, haulage, port handling, and marine services; design and construction of minera… Read more