NEX Metals Exploration Ltd (NME) - Net Assets
Based on the latest financial reports, NEX Metals Exploration Ltd (NME) has net assets worth AU$-1.43 Million AUD (≈ $-1.01 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$763.45K ≈ $540.19K USD) and total liabilities (AU$2.19 Million ≈ $1.55 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check NME financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-1.43 Million |
| % of Total Assets | -186.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 65.5 |
NEX Metals Exploration Ltd - Net Assets Trend (2007–2025)
This chart illustrates how NEX Metals Exploration Ltd's net assets have evolved over time, based on quarterly financial data. Also explore NME total assets for the complete picture of this company's asset base.
Annual Net Assets for NEX Metals Exploration Ltd (2007–2025)
The table below shows the annual net assets of NEX Metals Exploration Ltd from 2007 to 2025. For live valuation and market cap data, see NEX Metals Exploration Ltd (NME) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$-1.43 Million ≈ $-1.01 Million |
-8.13% |
| 2024-06-30 | AU$-1.32 Million ≈ $-933.94K |
-238.34% |
| 2023-06-30 | AU$-390.12K ≈ $-276.04K |
+89.02% |
| 2022-06-30 | AU$-3.55 Million ≈ $-2.51 Million |
-101.21% |
| 2021-06-30 | AU$-1.77 Million ≈ $-1.25 Million |
+60.75% |
| 2020-06-30 | AU$-4.50 Million ≈ $-3.18 Million |
-104086.66% |
| 2019-06-30 | AU$-4.32K ≈ $-3.06K |
-39.78% |
| 2018-06-30 | AU$-3.09K ≈ $-2.19K |
-26.63% |
| 2017-06-30 | AU$-2.44K ≈ $-1.73K |
+41.50% |
| 2016-06-30 | AU$-4.17K ≈ $-2.95K |
-9.34% |
| 2015-06-30 | AU$-3.81K ≈ $-2.70K |
-5.88% |
| 2014-06-30 | AU$-3.60K ≈ $-2.55K |
+99.92% |
| 2013-06-30 | AU$-4.31 Million ≈ $-3.05 Million |
-373.88% |
| 2012-06-30 | AU$-909.49K ≈ $-643.52K |
-113.99% |
| 2011-06-30 | AU$6.50 Million ≈ $4.60 Million |
+85.09% |
| 2010-06-30 | AU$3.51 Million ≈ $2.49 Million |
-52.53% |
| 2009-06-30 | AU$7.40 Million ≈ $5.24 Million |
-0.37% |
| 2008-06-30 | AU$7.43 Million ≈ $5.26 Million |
-7.58% |
| 2007-06-30 | AU$8.04 Million ≈ $5.69 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to NEX Metals Exploration 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 3202585100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$29.65 Million | % |
| Other Comprehensive Income | AU$2.26 Million | % |
| Total Equity | AU$-1.43 Million | 100.00% |
NEX Metals Exploration Ltd Competitors by Market Cap
The table below lists competitors of NEX Metals Exploration Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Traka Resources Ltd
AU:TKL
|
$4.28 Million |
|
Pensionbee Group PLC
LSE:PBEE
|
$4.28 Million |
|
Project Planning Service Public Company Limited
BK:PPS
|
$4.29 Million |
|
Foresight Solar Fund Ltd
LSE:FSFL
|
$4.29 Million |
|
McChip Resources Inc
V:MCS
|
$4.27 Million |
|
CASI Pharmaceuticals Inc
NASDAQ:CASI
|
$4.26 Million |
|
Elevai Labs, Inc. Common Stock
NASDAQ:ELAB
|
$4.26 Million |
|
Horus AG
STU:HRU
|
$4.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEX Metals Exploration Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -1,319,940 to -1,427,257, a change of -107,317.
- Net loss of 1,844,575 reduced equity.
- Share repurchases of 1,559,570 reduced equity.
- Other factors increased equity by 3,296,828.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.84 Million | -129.24% |
| Share Repurchases | AU$1.56 Million | -109.27% |
| Other Changes | AU$3.30 Million | +230.99% |
| Total Change | AU$- | % |
Book Value vs Market Value Analysis
This analysis compares NEX Metals Exploration 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 |
|---|---|---|---|
| 2007-06-30 | AU$0.07 | AU$0.02 | x |
| 2009-06-30 | AU$0.10 | AU$0.02 | x |
| 2010-06-30 | AU$0.04 | AU$0.02 | x |
| 2011-06-30 | AU$0.06 | AU$0.02 | x |
| 2012-06-30 | AU$-0.01 | AU$0.02 | x |
| 2013-06-30 | AU$-0.03 | AU$0.02 | x |
| 2014-06-30 | AU$0.00 | AU$0.02 | x |
| 2015-06-30 | AU$0.00 | AU$0.02 | x |
| 2016-06-30 | AU$0.00 | AU$0.02 | x |
| 2017-06-30 | AU$0.00 | AU$0.02 | x |
| 2018-06-30 | AU$0.00 | AU$0.02 | x |
| 2019-06-30 | AU$0.00 | AU$0.02 | x |
| 2020-06-30 | AU$-0.02 | AU$0.02 | x |
| 2021-06-30 | AU$-0.01 | AU$0.02 | x |
| 2022-06-30 | AU$-0.01 | AU$0.02 | x |
| 2023-06-30 | AU$0.00 | AU$0.02 | x |
| 2024-06-30 | AU$0.00 | AU$0.02 | x |
| 2025-06-30 | AU$0.00 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEX Metals Exploration Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36891.50%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-12.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -26.72% | -1719.80% | 0.01x | 1.04x | AU$-2.72 Million |
| 2010 | -136.77% | -60064.63% | 0.00x | 1.15x | AU$-5.16 Million |
| 2011 | -51.93% | -25907.00% | 0.00x | 1.11x | AU$-4.03 Million |
| 2012 | 0.00% | -401.98% | 0.26x | 0.00x | AU$-9.10 Million |
| 2013 | 0.00% | -819.22% | 0.08x | 0.00x | AU$-2.96 Million |
| 2014 | 0.00% | 206.30% | 134.30x | 0.00x | AU$707.93K |
| 2015 | 0.00% | -36.76% | 279.05x | 0.00x | AU$-211.29K |
| 2016 | 0.00% | -86.61% | 235.43x | 0.00x | AU$-355.84K |
| 2017 | 0.00% | 294.06% | 458.61x | 0.00x | AU$1.73 Million |
| 2018 | 0.00% | -186.28% | 501.07x | 0.00x | AU$-649.39K |
| 2019 | 0.00% | -647077.75% | 1.02x | 0.00x | AU$-2.22 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | AU$269.12K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.27 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.43 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.01 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-447.12K |
| 2025 | 0.00% | -36891.50% | 0.01x | 0.00x | AU$-1.70 Million |
Industry Comparison
This section compares NEX Metals Exploration Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,107,544
- Average return on equity (ROE) among peers: -107.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEX Metals Exploration Ltd (NME) | AU$-1.43 Million | -26.72% | N/A | $4.27 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $3.19 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $59.56 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $5.69 Million |
| Astral Resources NL (AAR) | $11.28 Million | 49.48% | 0.09x | $197.52 Million |
| Antilles Gold Ltd (AAU) | $4.86 Million | 10.22% | 0.16x | $28.68 Million |
| Adelong Gold Ltd (ADG) | $2.90 Million | -71.05% | 0.15x | $11.32 Million |
| Ardiden Ltd (ADV) | $1.30 Million | -752.46% | 0.85x | $58.54 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $33.34 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $17.91 Million |
| Alkane Resources Ltd (ALK) | $303.00K | -0.66% | 2.68x | $1.39 Billion |
About NEX Metals Exploration Ltd
Nex Metals Explorations Limited engages in the exploration of mineral properties in Australia. The company primarily explores for gold, copper, and nickel deposits. It holds interests in the Kookynie gold project and the Yundamindra gold project located in the Eastern Goldfields, Western Australia. The company also holds interests in the Kookynie Tailings Research Project located in Cosmopolitan … Read more