Mitchell Services Ltd Net Assets
Mitchell Services Ltd net assets. Based on the latest financial reports, Mitchell Services Ltd (MSV) has net assets worth AU$61.04 Million AUD (≈ $43.19 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$111.27 Million ≈ $78.73 Million USD) and total liabilities (AU$50.24 Million ≈ $35.54 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 MSV shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$61.04 Million |
| % of Total Assets | 54.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | 18.26% |
| 10-Year Change | 239.62% |
| Growth Volatility | 207.37 |
Net Assets of Mitchell Services Ltd (2010–2025)
Net assets of Mitchell Services Ltd from 2010 to 2025. This chart illustrates how Mitchell Services Ltd's net assets have evolved over time, based on quarterly financial data. See MSV equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Mitchell Services Ltd (2010–2025)
The table below shows the annual net assets of Mitchell Services Ltd from 2010 to 2025. For live market cap and overall valuation, see Mitchell Services Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$61.04 Million ≈ $43.19 Million |
-7.00% |
| 2024-06-30 | AU$65.63 Million ≈ $46.44 Million |
-2.19% |
| 2023-06-30 | AU$67.10 Million ≈ $47.48 Million |
+8.67% |
| 2022-06-30 | AU$61.75 Million ≈ $43.69 Million |
+19.64% |
| 2021-06-30 | AU$51.61 Million ≈ $36.52 Million |
-10.18% |
| 2020-06-30 | AU$57.46 Million ≈ $40.66 Million |
+52.85% |
| 2019-06-30 | AU$37.59 Million ≈ $26.60 Million |
+78.72% |
| 2018-06-30 | AU$21.03 Million ≈ $14.88 Million |
+43.63% |
| 2017-06-30 | AU$14.64 Million ≈ $10.36 Million |
-18.51% |
| 2016-06-30 | AU$17.97 Million ≈ $12.72 Million |
+17.81% |
| 2015-06-30 | AU$15.25 Million ≈ $10.79 Million |
+19.07% |
| 2014-06-30 | AU$12.81 Million ≈ $9.06 Million |
+17.75% |
| 2013-06-30 | AU$10.88 Million ≈ $7.70 Million |
-14.95% |
| 2012-06-30 | AU$12.79 Million ≈ $9.05 Million |
+814.39% |
| 2011-06-30 | AU$1.40 Million ≈ $989.88K |
+2739.62% |
| 2010-06-30 | AU$-53.00K ≈ $-37.50K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Mitchell Services 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 1366558100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Mitchell Services Ltd Net Assets Breakdown (June 2025)
Mitchell Services Ltd net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$74.70 Million | 122.39% |
| Total Equity | AU$61.04 Million | 100.00% |
Mitchell Services Ltd Competitors by Market Cap
The table below lists competitors of Mitchell Services Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
5E Advanced Materials Inc
NASDAQ:FEAM
|
$93.29 Million |
|
Sambo Corrugated Board Co. Ltd
KQ:023600
|
$93.30 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
$93.31 Million |
|
Ultralife Corporation
NASDAQ:ULBI
|
$93.31 Million |
|
Nonthavej Hospital Public Company Limited
BK:NTV
|
$93.26 Million |
|
Tainergy Tech Co Ltd
TW:4934
|
$93.22 Million |
|
ZJK Industrial Co., Ltd
NASDAQ:ZJK
|
$93.18 Million |
|
Magnachip Semiconductor Corporation
F:SMG
|
$93.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mitchell Services Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 65,629,847 to 61,035,549, a change of -4,594,298 (-7.0%).
- Net income of 536,874 contributed positively to equity growth.
- Dividend payments of 4,275,679 reduced retained earnings.
- Share repurchases of 852,249 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$536.87K | +0.88% |
| Dividends Paid | AU$4.28 Million | -7.01% |
| Share Repurchases | AU$852.25K | -1.4% |
| Other Changes | AU$-3.24K | -0.01% |
| Total Change | AU$- | -7.00% |
Book Value vs Market Value Analysis
This analysis compares Mitchell Services 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: 2.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.29x to 2.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-06-30 | AU$0.50 | AU$0.64 | x |
| 2013-06-30 | AU$0.41 | AU$0.64 | x |
| 2014-06-30 | AU$0.48 | AU$0.64 | x |
| 2015-06-30 | AU$0.20 | AU$0.64 | x |
| 2016-06-30 | AU$0.13 | AU$0.64 | x |
| 2017-06-30 | AU$0.10 | AU$0.64 | x |
| 2018-06-30 | AU$0.13 | AU$0.64 | x |
| 2019-06-30 | AU$0.21 | AU$0.64 | x |
| 2020-06-30 | AU$0.30 | AU$0.64 | x |
| 2021-06-30 | AU$0.25 | AU$0.64 | x |
| 2022-06-30 | AU$0.28 | AU$0.64 | x |
| 2023-06-30 | AU$0.30 | AU$0.64 | x |
| 2024-06-30 | AU$0.30 | AU$0.64 | x |
| 2025-06-30 | AU$0.29 | AU$0.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mitchell Services Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.27%
- • Asset Turnover: 1.77x
- • Equity Multiplier: 1.82x
- Recent ROE (0.88%) is above the historical average (-11.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.53% | 0.19% | 1.31x | 2.16x | AU$-1.21 Million |
| 2013 | -17.57% | -7.38% | 1.20x | 1.99x | AU$-3.00 Million |
| 2014 | -35.96% | -30.68% | 0.57x | 2.05x | AU$-5.89 Million |
| 2015 | -111.44% | -67.53% | 0.53x | 3.11x | AU$-18.52 Million |
| 2016 | -33.66% | -18.35% | 0.85x | 2.15x | AU$-7.85 Million |
| 2017 | -30.09% | -10.93% | 1.01x | 2.73x | AU$-5.87 Million |
| 2018 | -11.12% | -3.22% | 1.25x | 2.77x | AU$-4.44 Million |
| 2019 | 46.20% | 14.45% | 1.71x | 1.87x | AU$13.61 Million |
| 2020 | 12.54% | 4.10% | 1.24x | 2.47x | AU$1.46 Million |
| 2021 | -11.43% | -3.08% | 1.51x | 2.46x | AU$-11.06 Million |
| 2022 | 0.03% | 0.01% | 1.49x | 2.32x | AU$-6.16 Million |
| 2023 | 11.34% | 3.13% | 1.81x | 2.01x | AU$898.57K |
| 2024 | 13.98% | 3.87% | 1.86x | 1.94x | AU$2.61 Million |
| 2025 | 0.88% | 0.27% | 1.77x | 1.82x | AU$-5.57 Million |
Industry Comparison
This section compares Mitchell Services 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: $7,313,429
- Average return on equity (ROE) among peers: -20.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mitchell Services Ltd (MSV) | AU$61.04 Million | 0.53% | 0.82x | $93.26 Million |
| Morella Corporation Ltd (1MC) | $25.82 Million | -115.60% | 0.80x | $6.64 Million |
| Amaero Ltd (3DA) | $-292.72K | 0.00% | 0.00x | $128.06 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $136.43 Million |
| Atlantic Lithium Ltd (A11) | $15.58 Million | -14.80% | 0.03x | $181.48 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.63 Million | -17.73% | 0.06x | $3.11 Million |
| Audalia Resources Ltd (ACP) | $1.83 Million | -15.76% | 0.09x | $13.19 Million |
| Accent Resources NL (ACS) | $16.59 Million | -8.22% | 0.03x | $22.03 Million |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $3.57 Million |
| Andromeda Metals Ltd (ADN) | $7.79 Million | -19.73% | 0.02x | $16.36 Million |
About Mitchell Services Ltd
Mitchell Services Limited, together with its subsidiaries, provides exploration, and mine site and geotechnical drilling services to the exploration, mining, and energy industries in Australia. The company provides drilling services, such as greenfield exploration, project feasibility, mine site exploration and resource definition, development, and production, as well as decarbonisation solutions… Read more