Mineral Commodities Ltd

AU:MRC Australia Other Industrial Metals & Mining
Market Cap
$15.85 Million
AU$25.60 Million AUD
Market Cap Rank
#26547 Global
#618 in Australia
Share Price
AU$0.03
Change (1 day)
+0.00%
52-Week Range
AU$0.03 - AU$0.03
All Time High
AU$0.39
Categories
Companies in Australia Other Industrial Metals & Mining
About

Mineral Commodities Ltd, together with its subsidiaries, operates as a mining and development company with a primary focus on the development of mineral deposits within the industrial and battery minerals sectors. The company operates through Mineral Sands Mining and Production; Mineral Sands Exploration; Graphite Mining and Production; and Exploration Activities segments. It produces mineral san… Read more

Mineral Commodities Ltd (MRC) - Net Assets

Latest net assets as of December 2024: AU$-3.42 Million AUD

Based on the latest financial reports, Mineral Commodities Ltd (MRC) has net assets worth AU$-3.42 Million AUD as of December 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$29.29 Million) and total liabilities (AU$32.71 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$-3.42 Million
% of Total Assets -11.69%
Annual Growth Rate N/A
5-Year Change -104.31%
10-Year Change -107.86%
Growth Volatility 64.18

Mineral Commodities Ltd - Net Assets Trend (1989–2024)

This chart illustrates how Mineral Commodities Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Mineral Commodities Ltd (1989–2024)

The table below shows the annual net assets of Mineral Commodities Ltd from 1989 to 2024.

Year Net Assets Change
2024-12-31 AU$-3.42 Million -103.92%
2023-12-31 AU$87.26 Million +25.29%
2022-12-31 AU$69.65 Million -16.53%
2021-12-31 AU$83.45 Million +5.20%
2020-12-31 AU$79.32 Million +21.25%
2019-12-31 AU$65.42 Million +9.53%
2018-12-31 AU$59.73 Million +1.72%
2017-12-31 AU$58.72 Million +17.72%
2016-12-31 AU$49.88 Million +14.57%
2015-12-31 AU$43.54 Million +70.54%
2014-12-31 AU$25.53 Million +0.15%
2013-12-31 AU$25.49 Million +17.06%
2012-12-31 AU$21.78 Million +47.82%
2011-12-31 AU$14.73 Million -28.79%
2010-12-31 AU$20.69 Million +16.06%
2009-12-31 AU$17.83 Million +19.46%
2008-12-31 AU$14.92 Million -10.67%
2007-12-31 AU$16.70 Million -6.75%
2006-12-31 AU$17.91 Million +97.08%
2005-12-31 AU$9.09 Million -4.36%
2004-12-31 AU$9.50 Million +16.42%
2003-12-31 AU$8.16 Million +44.04%
2002-12-31 AU$5.67 Million +79.28%
2001-12-31 AU$3.16 Million -14.12%
2000-12-31 AU$3.68 Million -9.09%
1999-12-31 AU$4.05 Million -15.65%
1998-12-31 AU$4.80 Million -2.74%
1997-12-31 AU$4.94 Million +13.94%
1996-12-31 AU$4.33 Million -11.18%
1995-12-31 AU$4.88 Million +333.62%
1994-12-31 AU$1.12 Million -12.92%
1993-12-31 AU$1.29 Million +33.68%
1992-12-31 AU$966.22K +17.35%
1991-12-31 AU$823.40K -29.07%
1990-12-31 AU$1.16 Million -21.24%
1989-12-31 AU$1.47 Million --

Equity Component Analysis

This analysis shows how different components contribute to Mineral Commodities 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 7964757267.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$146.89 Million %
Other Comprehensive Income AU$-54.32 Million %
Total Equity AU$-3.42 Million 100.00%

Mineral Commodities Ltd Competitors by Market Cap

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

Company Market Cap
OPCOM Holdings Bhd
KLSE:0035
 		$15.81 Million
Ado Optronics
TWO:3516
 		$15.82 Million
Sonic Interfreight Public Company Limited
BK:SONIC
 		$15.83 Million
Spirit Technology Solutions Ltd
AU:ST1
 		$15.83 Million
Medivir AB (publ)
F:MVR0
 		$15.81 Million
TPC Power Holding Public Company Limited
BK:TPCH
 		$15.81 Million
FOMTF
PINK:FOMTF
 		$15.80 Million
Acon Optics Communications Inc.
TWO:6820
 		$15.79 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 62,857,117 to -3,422,771, a change of -66,279,888 (-105.4%).
  • Net loss of 67,664,000 reduced equity.
  • Other comprehensive income increased equity by 3,988,424.
  • Other factors decreased equity by 2,604,312.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-67.66 Million -1976.88%
Other Comprehensive Income AU$3.99 Million +116.53%
Other Changes AU$-2.60 Million -76.09%
Total Change AU$- -105.45%

Book Value vs Market Value Analysis

This analysis compares Mineral Commodities 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

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1989-12-31 AU$0.00 AU$0.03 x
1990-12-31 AU$0.00 AU$0.03 x
1991-12-31 AU$0.00 AU$0.03 x
1992-12-31 AU$0.00 AU$0.03 x
1993-12-31 AU$0.01 AU$0.03 x
1994-12-31 AU$0.01 AU$0.03 x
1995-12-31 AU$0.04 AU$0.03 x
1996-12-31 AU$0.15 AU$0.03 x
1997-12-31 AU$0.16 AU$0.03 x
1998-12-31 AU$0.15 AU$0.03 x
1999-12-31 AU$0.11 AU$0.03 x
2000-12-31 AU$0.10 AU$0.03 x
2001-12-31 AU$0.05 AU$0.03 x
2002-12-31 AU$0.12 AU$0.03 x
2003-12-31 AU$0.17 AU$0.03 x
2004-12-31 AU$0.16 AU$0.03 x
2005-12-31 AU$0.14 AU$0.03 x
2006-12-31 AU$0.18 AU$0.03 x
2007-12-31 AU$0.14 AU$0.03 x
2008-12-31 AU$0.11 AU$0.03 x
2009-12-31 AU$0.11 AU$0.03 x
2010-12-31 AU$0.14 AU$0.03 x
2011-12-31 AU$0.05 AU$0.03 x
2012-12-31 AU$0.07 AU$0.03 x
2013-12-31 AU$0.09 AU$0.03 x
2014-12-31 AU$0.05 AU$0.03 x
2015-12-31 AU$0.09 AU$0.03 x
2016-12-31 AU$0.11 AU$0.03 x
2017-12-31 AU$0.13 AU$0.03 x
2018-12-31 AU$0.12 AU$0.03 x
2019-12-31 AU$0.14 AU$0.03 x
2020-12-31 AU$0.16 AU$0.03 x
2021-12-31 AU$0.17 AU$0.03 x
2022-12-31 AU$0.12 AU$0.03 x
2023-12-31 AU$0.09 AU$0.03 x
2024-12-31 AU$0.00 AU$0.03 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mineral Commodities 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): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-4.53%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1989 0.75% 0.00% 0.00x 4.30x AU$-136.34K
1996 -20.41% 0.00% 0.00x 1.04x AU$-1.32 Million
1997 -15.22% 0.00% 0.00x 1.04x AU$-1.24 Million
1998 -33.48% 0.00% 0.00x 1.19x AU$-2.09 Million
1999 -36.28% 0.00% 0.00x 1.28x AU$-1.87 Million
2000 0.58% 0.23% 2.48x 1.03x AU$-346.84K
2001 -11.23% -26.34% 0.41x 1.04x AU$-671.10K
2002 -0.13% -0.46% 0.27x 1.09x AU$-551.46K
2003 0.14% 0.32% 0.41x 1.07x AU$-776.24K
2004 0.12% 2.74% 0.04x 1.06x AU$-910.24K
2005 -5.04% -89660.36% 0.00x 1.04x AU$-1.35 Million
2006 -8.56% -149411.76% 0.00x 1.02x AU$-3.30 Million
2007 -37.06% -243060.50% 0.00x 1.03x AU$-7.81 Million
2008 -10.22% -81417.83% 0.00x 1.06x AU$-3.00 Million
2009 -3.27% -642993.22% 0.00x 1.02x AU$-2.34 Million
2010 -8.05% -313.69% 0.02x 1.04x AU$-3.70 Million
2011 -15.00% -277.03% 0.05x 1.14x AU$-3.64 Million
2012 -5.73% -243.98% 0.02x 1.06x AU$-3.40 Million
2013 -5.71% -49844.99% 0.00x 1.35x AU$-3.98 Million
2014 26.94% 25.18% 0.69x 1.56x AU$4.31 Million
2015 17.75% 12.51% 1.08x 1.32x AU$3.36 Million
2016 7.60% 10.36% 0.53x 1.39x AU$-1.19 Million
2017 16.96% 12.50% 1.00x 1.36x AU$4.08 Million
2018 14.81% 12.31% 0.62x 1.94x AU$2.87 Million
2019 11.99% 9.14% 0.68x 1.92x AU$1.30 Million
2020 17.47% 16.69% 0.71x 1.48x AU$5.88 Million
2021 -3.96% -5.47% 0.47x 1.54x AU$-11.66 Million
2022 -15.85% -17.49% 0.52x 1.75x AU$-18.23 Million
2023 -15.83% -23.74% 0.36x 1.84x AU$-16.24 Million
2024 0.00% 0.00% 0.00x 0.00x AU$-67.32 Million

Industry Comparison

This section compares Mineral Commodities 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: $2,995,611
  • Average return on equity (ROE) among peers: -21.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Mineral Commodities Ltd (MRC) AU$-3.42 Million 0.75% N/A $15.81 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.10K
Morella Corporation Ltd (1MC) $5.43 Million -6.71% 0.57x $2.93 Million
6K Additive Inc (6KA) $-21.36 Million 0.00% 0.00x $24.91 Million
Atlantic Lithium Ltd (A11) $789.39K -143.95% 0.47x $71.83 Million
African Gold Ltd (A1G) $6.42 Million -11.14% 0.01x $170.41 Million
Albright Metals Ltd (ABR) $5.61 Million 0.47% 0.11x $1.11 Million
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $4.38 Million -14.12% 0.03x $211.71K
Acdc Metals Ltd (ADC) $10.13 Million -6.86% 0.04x $1.02 Million
Admiralty Resources NL (ADY) $10.81 Million -14.31% 1.16x $5.70 Million