Mineral Commodities Ltd Net Assets
Mineral Commodities Ltd net assets. Based on the latest financial reports, Mineral Commodities Ltd (MRC) has net assets worth AU$-3.42 Million AUD (≈ $-2.42 Million USD) 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 ≈ $20.72 Million USD) and total liabilities (AU$32.71 Million ≈ $23.14 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore MRC year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-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 |
Net Assets of Mineral Commodities Ltd (1989–2024)
Net assets of Mineral Commodities Ltd from 1989 to 2024. This chart illustrates how Mineral Commodities Ltd's net assets have evolved over time, based on quarterly financial data. See Mineral Commodities Ltd (MRC) net asset quality to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see MRC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$-3.42 Million ≈ $-2.42 Million |
-103.92% |
| 2023-12-31 | AU$87.26 Million ≈ $61.74 Million |
+25.29% |
| 2022-12-31 | AU$69.65 Million ≈ $49.28 Million |
-16.53% |
| 2021-12-31 | AU$83.45 Million ≈ $59.04 Million |
+5.20% |
| 2020-12-31 | AU$79.32 Million ≈ $56.13 Million |
+21.25% |
| 2019-12-31 | AU$65.42 Million ≈ $46.29 Million |
+9.53% |
| 2018-12-31 | AU$59.73 Million ≈ $42.26 Million |
+1.72% |
| 2017-12-31 | AU$58.72 Million ≈ $41.55 Million |
+17.72% |
| 2016-12-31 | AU$49.88 Million ≈ $35.30 Million |
+14.57% |
| 2015-12-31 | AU$43.54 Million ≈ $30.81 Million |
+70.54% |
| 2014-12-31 | AU$25.53 Million ≈ $18.06 Million |
+0.15% |
| 2013-12-31 | AU$25.49 Million ≈ $18.04 Million |
+17.06% |
| 2012-12-31 | AU$21.78 Million ≈ $15.41 Million |
+47.82% |
| 2011-12-31 | AU$14.73 Million ≈ $10.42 Million |
-28.79% |
| 2010-12-31 | AU$20.69 Million ≈ $14.64 Million |
+16.06% |
| 2009-12-31 | AU$17.83 Million ≈ $12.61 Million |
+19.46% |
| 2008-12-31 | AU$14.92 Million ≈ $10.56 Million |
-10.67% |
| 2007-12-31 | AU$16.70 Million ≈ $11.82 Million |
-6.75% |
| 2006-12-31 | AU$17.91 Million ≈ $12.67 Million |
+97.08% |
| 2005-12-31 | AU$9.09 Million ≈ $6.43 Million |
-4.36% |
| 2004-12-31 | AU$9.50 Million ≈ $6.72 Million |
+16.42% |
| 2003-12-31 | AU$8.16 Million ≈ $5.78 Million |
+44.04% |
| 2002-12-31 | AU$5.67 Million ≈ $4.01 Million |
+79.28% |
| 2001-12-31 | AU$3.16 Million ≈ $2.24 Million |
-14.12% |
| 2000-12-31 | AU$3.68 Million ≈ $2.60 Million |
-9.09% |
| 1999-12-31 | AU$4.05 Million ≈ $2.86 Million |
-15.65% |
| 1998-12-31 | AU$4.80 Million ≈ $3.40 Million |
-2.74% |
| 1997-12-31 | AU$4.94 Million ≈ $3.49 Million |
+13.94% |
| 1996-12-31 | AU$4.33 Million ≈ $3.07 Million |
-11.18% |
| 1995-12-31 | AU$4.88 Million ≈ $3.45 Million |
+333.62% |
| 1994-12-31 | AU$1.12 Million ≈ $795.85K |
-12.92% |
| 1993-12-31 | AU$1.29 Million ≈ $913.89K |
+33.68% |
| 1992-12-31 | AU$966.22K ≈ $683.66K |
+17.35% |
| 1991-12-31 | AU$823.40K ≈ $582.61K |
-29.07% |
| 1990-12-31 | AU$1.16 Million ≈ $821.33K |
-21.24% |
| 1989-12-31 | AU$1.47 Million ≈ $1.04 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.
Mineral Commodities Ltd Net Assets Breakdown (December 2024)
Mineral Commodities Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
TMK Energy Ltd
AU:TMK
|
$18.13 Million |
|
Redflow Ltd
AU:RFX
|
$18.14 Million |
|
O.C.C. Public Company Limited
BK:OCC
|
$18.14 Million |
|
Blue Shark Power System SA
PA:MLBSP
|
$18.15 Million |
|
Penpower Technology Ltd
TWO:5211
|
$18.11 Million |
|
Tempo Inti Media Tbk
JK:TMPO
|
$18.11 Million |
|
PowerBank Corporation
NASDAQ:PBK
|
$18.10 Million |
|
Aberforth Smaller Companies Trust PLC
LSE:ASL
|
$18.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mineral Commodities Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 62,857,117 to -3,422,771, a change of -66,279,888 (-105.4%).
- Net loss of 67,664,000 reduced equity.
- Other comprehensive income increased equity by 3,988,424.
- Other factors decreased equity by 2,604,312.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-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: $7,768,234
- Average return on equity (ROE) among peers: -1638.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mineral Commodities Ltd (MRC) | AU$-3.42 Million | 0.75% | N/A | $18.11 Million |
| Morella Corporation Ltd (1MC) | $394.82K | -57.66% | 0.27x | $6.64 Million |
| Amaero Ltd (3DA) | $13.04 Million | -0.63% | 0.03x | $128.06 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $135.48 Million |
| Atlantic Lithium Ltd (A11) | $50.60 Million | -13.88% | 0.10x | $184.31 Million |
| African Gold Ltd (A1G) | $11.08 Million | -18.17% | 0.05x | $419.02 Million |
| Albright Metals Ltd (ABR) | $7.50 Million | -2.38% | 0.02x | $3.11 Million |
| Audalia Resources Ltd (ACP) | $3.93 Million | -26.01% | 0.91x | $13.19 Million |
| Accent Resources NL (ACS) | $1.44 Million | -153.32% | 3.19x | $22.03 Million |
| Acdc Metals Ltd (ADC) | $11.06 Million | -10.14% | 0.02x | $3.57 Million |
| Andromeda Metals Ltd (ADN) | $6.91K | -16101.53% | 0.21x | $16.36 Million |
About Mineral Commodities Ltd
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