Mineral Resources Ltd (MIN) - Net Assets
Based on the latest financial reports, Mineral Resources Ltd (MIN) has net assets worth AU$4.81 Billion AUD (≈ $3.41 Billion 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$12.88 Billion ≈ $9.12 Billion USD) and total liabilities (AU$8.07 Billion ≈ $5.71 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 PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$4.81 Billion |
| % of Total Assets | 37.36% |
| Annual Growth Rate | 24.43% |
| 5-Year Change | 47.17% |
| 10-Year Change | 325.23% |
| Growth Volatility | 52.22 |
Mineral Resources Ltd - Net Assets Trend (2007–2026)
This chart illustrates how Mineral Resources Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Mineral Resources Ltd (MIN) market capitalisation.
Annual Net Assets for Mineral Resources Ltd (2007–2026)
The table below shows the annual net assets of Mineral Resources Ltd from 2007 to 2026. Also explore Mineral Resources Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$4.81 Billion ≈ $3.41 Billion |
+31.57% |
| 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 |
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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 15933.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$2.62 Billion | 60.26% |
| Common Stock | AU$1.13 Billion | 26.01% |
| Other Comprehensive Income | AU$696.00 Million | 16.03% |
| Total Equity | AU$4.34 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 |
|---|---|
|
Turkiye Is Bankasi AS Class C
IS:ISCTR
|
$7.42 Billion |
|
Primo Brands Corporation
NYSE:PRMB
|
$7.44 Billion |
|
TPG Inc
NASDAQ:TPG
|
$7.44 Billion |
|
Public Power Corporation S.A.
AT:PPC
|
$7.44 Billion |
|
Kirby Corporation
NYSE:KEX
|
$7.42 Billion |
|
Orica Ltd
AU:ORI
|
$7.42 Billion |
|
StandardAero, Inc.
NYSE:SARO
|
$7.41 Billion |
|
Yangzhou Yangjie Electronic Technology Co Ltd
SHE:300373
|
$7.41 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 2025 to 2026, total equity changed from 3,226,000,000 to 4,341,000,000, a change of 1,115,000,000 (34.6%).
- Net income of 1,061,000,000 contributed positively to equity growth.
- Dividend payments of 124,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 16,000,000.
- Other factors increased equity by 162,000,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$1.06 Billion | +24.44% |
| Dividends Paid | AU$124.00 Million | -2.86% |
| Other Comprehensive Income | AU$16.00 Million | +0.37% |
| Other Changes | AU$162.00 Million | +3.73% |
| Total Change | AU$- | 34.56% |
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: 2.42x
- 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 83.29x to 2.42x 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$52.83 | x |
| 2008-06-30 | AU$0.94 | AU$52.83 | x |
| 2009-06-30 | AU$1.15 | AU$52.83 | x |
| 2010-06-30 | AU$3.16 | AU$52.83 | x |
| 2011-06-30 | AU$3.48 | AU$52.83 | x |
| 2012-06-30 | AU$4.85 | AU$52.83 | x |
| 2013-06-30 | AU$5.36 | AU$52.83 | x |
| 2014-06-30 | AU$6.01 | AU$52.83 | x |
| 2015-06-30 | AU$5.68 | AU$52.83 | x |
| 2016-06-30 | AU$5.30 | AU$52.83 | x |
| 2017-06-30 | AU$5.95 | AU$52.83 | x |
| 2018-06-30 | AU$6.86 | AU$52.83 | x |
| 2019-06-30 | AU$7.24 | AU$52.83 | x |
| 2020-06-30 | AU$12.03 | AU$52.83 | x |
| 2021-06-30 | AU$16.98 | AU$52.83 | x |
| 2022-06-30 | AU$17.08 | AU$52.83 | x |
| 2023-06-30 | AU$18.03 | AU$52.83 | x |
| 2024-06-30 | AU$17.95 | AU$52.83 | x |
| 2025-06-30 | AU$16.38 | AU$52.83 | x |
| 2026-06-30 | AU$21.84 | AU$52.83 | 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): 24.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.42%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.97x
- Recent ROE (24.44%) is above the historical average (18.07%), indicating improving 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 |
| 2026 | 24.44% | 16.42% | 0.50x | 2.97x | AU$626.90 Million |
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: $10,046,192
- Average return on equity (ROE) among peers: -19044.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mineral Resources Ltd (MIN) | AU$4.81 Billion | 26.65% | 1.68x | $7.42 Billion |
| Morella Corporation Ltd (1MC) | $56.95 Million | -10.76% | 0.55x | $8.08 Million |
| Amaero Ltd (3DA) | $-292.72K | 0.00% | 0.00x | $175.24 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $141.17 Million |
| Atlantic Lithium Ltd (A11) | $50.60 Million | -13.88% | 0.10x | $161.63 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.63 Million | -17.73% | 0.06x | $2.20 Million |
| Audalia Resources Ltd (ACP) | $3.17 Million | -142.26% | 12.89x | $13.19 Million |
| Accent Resources NL (ACS) | $-57.82K | 0.00% | 0.00x | $22.03 Million |
| Acdc Metals Ltd (ADC) | $11.06 Million | -10.14% | 0.02x | $3.74 Million |
| Andromeda Metals Ltd (ADN) | $3.63K | -190231.01% | 0.32x | $19.63 Million |
About Mineral Resources Ltd
Mineral Resources Limited, together with subsidiaries, provides mining services in Australia, China, and internationally. It operates through Mining Services, Iron Ore, Lithium, Energy, and Other segments. The company offers mining services contractors, and trades in mining services; pit-to-ship solutions to the resources sectors; design and construction of mineral processing facilities; transpor… Read more