Mec Resources Ltd Net Assets
Mec Resources Ltd net assets. Based on the latest financial reports, Mec Resources Ltd (MMR) has net assets worth AU$10.84 Million AUD (≈ $7.67 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$11.27 Million ≈ $7.98 Million USD) and total liabilities (AU$437.22K ≈ $309.36K 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 MMR 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$10.84 Million |
| % of Total Assets | 96.12% |
| Annual Growth Rate | 5.24% |
| 5-Year Change | 53.22% |
| 10-Year Change | -61.32% |
| Growth Volatility | 112.11 |
Net Assets of Mec Resources Ltd (2006–2025)
Net assets of Mec Resources Ltd from 2006 to 2025. This chart illustrates how Mec Resources Ltd's net assets have evolved over time, based on quarterly financial data. See how leveraged is Mec Resources Ltd's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Mec Resources Ltd (2006–2025)
The table below shows the annual net assets of Mec Resources Ltd from 2006 to 2025. For live market cap and overall valuation, see Mec Resources Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$11.16 Million ≈ $7.89 Million |
+57.53% |
| 2024-06-30 | AU$7.08 Million ≈ $5.01 Million |
-31.84% |
| 2023-06-30 | AU$10.39 Million ≈ $7.35 Million |
-3.81% |
| 2022-06-30 | AU$10.80 Million ≈ $7.64 Million |
+48.36% |
| 2021-06-30 | AU$7.28 Million ≈ $5.15 Million |
-12.43% |
| 2020-06-30 | AU$8.32 Million ≈ $5.88 Million |
-14.07% |
| 2019-06-30 | AU$9.68 Million ≈ $6.85 Million |
-8.31% |
| 2018-06-30 | AU$10.55 Million ≈ $7.47 Million |
-62.92% |
| 2017-06-30 | AU$28.46 Million ≈ $20.14 Million |
-1.33% |
| 2016-06-30 | AU$28.85 Million ≈ $20.41 Million |
-2.23% |
| 2015-06-30 | AU$29.50 Million ≈ $20.88 Million |
-7.22% |
| 2014-06-30 | AU$31.80 Million ≈ $22.50 Million |
-5.60% |
| 2013-06-30 | AU$33.69 Million ≈ $23.84 Million |
-8.26% |
| 2012-06-30 | AU$36.72 Million ≈ $25.98 Million |
-20.40% |
| 2011-06-30 | AU$46.13 Million ≈ $32.64 Million |
+92.93% |
| 2010-06-30 | AU$23.91 Million ≈ $16.92 Million |
+477.45% |
| 2009-06-30 | AU$4.14 Million ≈ $2.93 Million |
-33.30% |
| 2008-06-30 | AU$6.21 Million ≈ $4.39 Million |
+58.44% |
| 2007-06-30 | AU$3.92 Million ≈ $2.77 Million |
-7.27% |
| 2006-06-30 | AU$4.23 Million ≈ $2.99 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Mec 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 2525382400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Mec Resources Ltd Net Assets Breakdown (June 2025)
Mec Resources Ltd net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$36.08 Million | 323.33% |
| Other Comprehensive Income | AU$442.27K | 3.96% |
| Total Equity | AU$11.16 Million | 100.00% |
Mec Resources Ltd Competitors by Market Cap
The table below lists competitors of Mec Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lifeist Wellness Inc
V:LFST
|
$1.33 Million |
|
Boxlight Corp Class A
NASDAQ:BOXL
|
$1.33 Million |
|
MT Educare Limited
NSE:MTEDUCARE
|
$1.33 Million |
|
LIQUID AVATAR TECHNO.INC.
F:4T5
|
$1.33 Million |
|
Astron Paper & Board Mill Limited
NSE:ASTRON
|
$1.32 Million |
|
Canada One Mining Corp
V:CONE
|
$1.32 Million |
|
MUZHU MINING LTD
F:Y33
|
$1.32 Million |
|
Nextgen
TA:NXGN
|
$1.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mec Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,082,935 to 11,157,737, a change of 4,074,802 (57.5%).
- Net income of 207,490 contributed positively to equity growth.
- Share repurchases of 3,543,290 reduced equity.
- Other factors increased equity by 7,410,602.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$207.49K | +1.86% |
| Share Repurchases | AU$3.54 Million | -31.76% |
| Other Changes | AU$7.41 Million | +66.42% |
| Total Change | AU$- | 57.53% |
Book Value vs Market Value Analysis
This analysis compares Mec 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: 0.17x
- 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 increased from 0.02x to 0.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | AU$0.05 | AU$0.00 | x |
| 2007-06-30 | AU$0.04 | AU$0.00 | x |
| 2008-06-30 | AU$0.05 | AU$0.00 | x |
| 2009-06-30 | AU$0.03 | AU$0.00 | x |
| 2010-06-30 | AU$0.03 | AU$0.00 | x |
| 2011-06-30 | AU$0.08 | AU$0.00 | x |
| 2012-06-30 | AU$0.03 | AU$0.00 | x |
| 2013-06-30 | AU$0.02 | AU$0.00 | x |
| 2014-06-30 | AU$0.01 | AU$0.00 | x |
| 2015-06-30 | AU$0.01 | AU$0.00 | x |
| 2016-06-30 | AU$0.07 | AU$0.00 | x |
| 2017-06-30 | AU$0.07 | AU$0.00 | x |
| 2018-06-30 | AU$0.03 | AU$0.00 | x |
| 2019-06-30 | AU$0.02 | AU$0.00 | x |
| 2020-06-30 | AU$0.01 | AU$0.00 | x |
| 2021-06-30 | AU$0.01 | AU$0.00 | x |
| 2022-06-30 | AU$0.01 | AU$0.00 | x |
| 2023-06-30 | AU$0.01 | AU$0.00 | x |
| 2024-06-30 | AU$0.01 | AU$0.00 | x |
| 2025-06-30 | AU$0.01 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mec Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 230.52%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.05x
- Recent ROE (1.86%) is above the historical average (-42.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -2.53% | -1188.68% | 0.00x | 1.02x | AU$-529.55K |
| 2007 | -19.53% | -2013.73% | 0.01x | 1.04x | AU$-1.16 Million |
| 2008 | -8.07% | -470.08% | 0.01x | 1.33x | AU$-971.96K |
| 2009 | -84.89% | 0.00% | 0.00x | 1.31x | AU$-3.75 Million |
| 2010 | -64.29% | 0.00% | 0.00x | 6.04x | AU$-3.36 Million |
| 2011 | -27.58% | -31024.24% | 0.00x | 3.57x | AU$-5.53 Million |
| 2012 | -162.39% | 0.00% | 0.00x | 7.07x | AU$-9.74 Million |
| 2013 | -55.06% | 0.00% | 0.00x | 9.55x | AU$-2.42 Million |
| 2014 | -57.80% | -2326.68% | 0.00x | 13.89x | AU$-1.61 Million |
| 2015 | -145.80% | -6197.49% | 0.00x | 25.45x | AU$-1.89 Million |
| 2016 | -6.41% | -4313.92% | 0.00x | 1.89x | AU$-2.65 Million |
| 2017 | -5.67% | -1475.42% | 0.00x | 1.91x | AU$-2.49 Million |
| 2018 | -116.27% | -11405.02% | 0.01x | 1.51x | AU$-10.67 Million |
| 2019 | -17.48% | -1250.51% | 0.01x | 1.52x | AU$-2.11 Million |
| 2020 | -31.27% | -105923.79% | 0.00x | 1.09x | AU$-3.43 Million |
| 2021 | -14.20% | -3324.92% | 0.00x | 1.24x | AU$-1.76 Million |
| 2022 | -11.46% | 0.00% | 0.00x | 1.91x | AU$-2.32 Million |
| 2023 | -4.62% | -17344.48% | 0.00x | 1.81x | AU$-1.52 Million |
| 2024 | -6.95% | -8305.67% | 0.00x | 1.16x | AU$-1.20 Million |
| 2025 | 1.86% | 230.52% | 0.01x | 1.05x | AU$-908.28K |
Industry Comparison
This section compares Mec Resources Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $50,144,593
- Average return on equity (ROE) among peers: -19.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mec Resources Ltd (MMR) | AU$10.84 Million | -2.53% | 0.04x | $1.32 Million |
| 88 Energy Ltd (88E) | $94.11 Million | -6.37% | 0.32x | $16.01 Million |
| ADX Energy Ltd (ADX) | $11.98 Million | -2.35% | 0.01x | $6.96 Million |
| Australis Oil & Gas Ltd (ATS) | $258.63 Million | 3.90% | 0.26x | $25.03 Million |
| Bass Oil Ltd (BAS) | $2.89 Million | -16.87% | 0.03x | $12.98 Million |
| Blue Energy Ltd (BLU) | $17.86 Million | -0.21% | 0.47x | $8.52 Million |
| Blue Star Helium Ltd (BNL) | $18.31 Million | -9.47% | 0.02x | $30.76 Million |
| Beach Energy Ltd (BPT) | $15.73 Million | -145.82% | 0.54x | $1.45 Billion |
| Brookside Energy Ltd (BRK) | $8.45 Million | -40.07% | 0.25x | $22.50 Million |
| Buru Energy Ltd (BRU) | $23.19 Million | -22.07% | 0.72x | $9.22 Million |
| Beetaloo Energy Australia Limited (BTL) | $50.29 Million | 45.42% | 1.53x | $218.63 Million |
About Mec Resources Ltd
MEC Resources Limited, through its subsidiaries, operates as an oil and gas exploration and development company in Australia. The company was formerly known as MEC Strategic Ltd. MEC Resources Limited was incorporated in 2005 and is based in South Perth, Australia.