Neometals Ltd (NMT) - Net Assets
Based on the latest financial reports, Neometals Ltd (NMT) has net assets worth AU$18.22 Million AUD (≈ $12.89 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$26.96 Million ≈ $19.07 Million USD) and total liabilities (AU$8.74 Million ≈ $6.18 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 NMT tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$18.22 Million |
| % of Total Assets | 67.59% |
| Annual Growth Rate | 3.08% |
| 5-Year Change | -87.61% |
| 10-Year Change | 20193.44% |
| Growth Volatility | 16781.14 |
Neometals Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Neometals Ltd's net assets have evolved over time, based on quarterly financial data. See Neometals Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Neometals Ltd (2001–2025)
The table below shows the annual net assets of Neometals Ltd from 2001 to 2025. For live valuation and market cap data, see market cap of Neometals Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$18.18 Million ≈ $12.87 Million |
-50.14% |
| 2024-06-30 | AU$36.48 Million ≈ $25.81 Million |
-61.00% |
| 2023-06-30 | AU$93.52 Million ≈ $66.17 Million |
-26.13% |
| 2022-06-30 | AU$126.60 Million ≈ $89.57 Million |
-13.74% |
| 2021-06-30 | AU$146.77 Million ≈ $103.85 Million |
+13.29% |
| 2020-06-30 | AU$129.55 Million ≈ $91.67 Million |
+83983.55% |
| 2019-06-30 | AU$154.08K ≈ $109.02K |
+74.91% |
| 2018-06-30 | AU$88.09K ≈ $62.33K |
+11.69% |
| 2017-06-30 | AU$78.87K ≈ $55.80K |
-11.99% |
| 2016-06-30 | AU$89.61K ≈ $63.40K |
-99.32% |
| 2015-06-30 | AU$13.22 Million ≈ $9.35 Million |
-44.18% |
| 2014-06-30 | AU$23.68 Million ≈ $16.76 Million |
-41.29% |
| 2013-06-30 | AU$40.34 Million ≈ $28.54 Million |
-61.72% |
| 2012-06-30 | AU$105.38 Million ≈ $74.57 Million |
+7.76% |
| 2011-06-30 | AU$97.79 Million ≈ $69.20 Million |
+80.81% |
| 2010-06-30 | AU$54.09 Million ≈ $38.27 Million |
+26.80% |
| 2009-06-30 | AU$42.65 Million ≈ $30.18 Million |
-2.08% |
| 2008-06-30 | AU$43.56 Million ≈ $30.82 Million |
+136.42% |
| 2007-06-30 | AU$18.43 Million ≈ $13.04 Million |
+34.70% |
| 2006-06-30 | AU$13.68 Million ≈ $9.68 Million |
+19.53% |
| 2005-06-30 | AU$11.44 Million ≈ $8.10 Million |
+9.61% |
| 2004-06-30 | AU$10.44 Million ≈ $7.39 Million |
+28.18% |
| 2003-06-30 | AU$8.15 Million ≈ $5.76 Million |
+157.80% |
| 2002-06-30 | AU$3.16 Million ≈ $2.24 Million |
-63.99% |
| 2001-06-30 | AU$8.77 Million ≈ $6.21 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Neometals 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 15397671500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$170.41 Million | 914.15% |
| Other Comprehensive Income | AU$2.34 Million | 12.55% |
| Other Components | AU$699.00 | 0.00% |
| Total Equity | AU$18.64 Million | 100.00% |
Neometals Ltd Competitors by Market Cap
The table below lists competitors of Neometals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avrasya Petrol ve Turistik Tesisler Yatirimlar AS
IS:AVTUR
|
$17.29 Million |
|
Aurania Resources Ltd
V:ARU
|
$17.29 Million |
|
Ahmad Zaki Resources Bhd
KLSE:7078
|
$17.30 Million |
|
Auris Minerals Ltd
AU:AUR
|
$17.30 Million |
|
Blue Sky Uranium Corp
V:BSK
|
$17.28 Million |
|
Wicaksana Overseas International
JK:WICO
|
$17.25 Million |
|
Aelis Farma SA
PA:AELIS
|
$17.24 Million |
|
ATP 30 Public Company Limited
BK:ATP30
|
$17.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neometals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,475,127 to 18,640,903, a change of -17,834,224 (-48.9%).
- Net loss of 31,015,739 reduced equity.
- Share repurchases of 278,637 reduced equity.
- New share issuances of 13,277,403 increased equity.
- Other comprehensive income increased equity by 48,253.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-31.02 Million | -166.39% |
| Share Repurchases | AU$278.64K | -1.49% |
| Share Issuances | AU$13.28 Million | +71.23% |
| Other Comprehensive Income | AU$48.25K | +0.26% |
| Other Changes | AU$134.50K | +0.72% |
| Total Change | AU$- | -48.89% |
Book Value vs Market Value Analysis
This analysis compares Neometals 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: 1.14x
- 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 0.17x to 1.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-06-30 | AU$0.17 | AU$0.03 | x |
| 2002-06-30 | AU$0.06 | AU$0.03 | x |
| 2003-06-30 | AU$0.16 | AU$0.03 | x |
| 2004-06-30 | AU$0.19 | AU$0.03 | x |
| 2005-06-30 | AU$0.17 | AU$0.03 | x |
| 2006-06-30 | AU$0.17 | AU$0.03 | x |
| 2007-06-30 | AU$0.21 | AU$0.03 | x |
| 2008-06-30 | AU$0.36 | AU$0.03 | x |
| 2009-06-30 | AU$0.29 | AU$0.03 | x |
| 2010-06-30 | AU$0.30 | AU$0.03 | x |
| 2011-06-30 | AU$0.40 | AU$0.03 | x |
| 2012-06-30 | AU$0.36 | AU$0.03 | x |
| 2013-06-30 | AU$0.08 | AU$0.03 | x |
| 2014-06-30 | AU$0.04 | AU$0.03 | x |
| 2015-06-30 | AU$0.03 | AU$0.03 | x |
| 2016-06-30 | AU$0.00 | AU$0.03 | x |
| 2017-06-30 | AU$0.00 | AU$0.03 | x |
| 2018-06-30 | AU$0.00 | AU$0.03 | x |
| 2019-06-30 | AU$0.00 | AU$0.03 | x |
| 2020-06-30 | AU$0.23 | AU$0.03 | x |
| 2021-06-30 | AU$0.26 | AU$0.03 | x |
| 2022-06-30 | AU$0.22 | AU$0.03 | x |
| 2023-06-30 | AU$0.16 | AU$0.03 | x |
| 2024-06-30 | AU$0.06 | AU$0.03 | x |
| 2025-06-30 | AU$0.03 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neometals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -166.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.30x
- Recent ROE (-166.39%) is below the historical average (6952.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -7.61% | -24056.00% | 0.00x | 1.28x | AU$-556.50K |
| 2003 | -6.84% | -260.28% | 0.03x | 1.02x | AU$-1.37 Million |
| 2004 | -7.35% | 0.00% | 0.00x | 1.00x | AU$-1.81 Million |
| 2005 | -8.50% | 0.00% | 0.00x | 1.01x | AU$-2.12 Million |
| 2006 | -7.21% | -373.17% | 0.02x | 1.02x | AU$-2.35 Million |
| 2007 | -13.15% | -601.44% | 0.02x | 1.05x | AU$-4.27 Million |
| 2008 | -7.30% | -161.13% | 0.04x | 1.05x | AU$-7.54 Million |
| 2009 | -5.79% | -67.81% | 0.08x | 1.01x | AU$-6.73 Million |
| 2010 | -4.93% | -91.52% | 0.05x | 1.06x | AU$-8.08 Million |
| 2011 | -3.43% | -964.29% | 0.00x | 1.12x | AU$-13.13 Million |
| 2012 | -29.40% | 0.00% | 0.00x | 1.15x | AU$-41.52 Million |
| 2013 | -187.36% | -232.19% | 0.48x | 1.69x | AU$-79.62 Million |
| 2014 | -70.37% | -213.67% | 0.28x | 1.16x | AU$-19.03 Million |
| 2015 | -78.02% | -2458.49% | 0.02x | 1.71x | AU$-11.64 Million |
| 2016 | 94416.86% | 0.00% | 0.00x | 1.07x | AU$84.60 Million |
| 2017 | 6017.65% | 0.00% | 0.00x | 1.07x | AU$4.74 Million |
| 2018 | 17800.18% | 0.00% | 0.00x | 1.06x | AU$15.67 Million |
| 2019 | 49441.84% | 4609.92% | 10.17x | 1.05x | AU$76.16 Million |
| 2020 | -11.23% | 0.00% | 0.00x | 1.15x | AU$-27.51 Million |
| 2021 | 11.14% | 0.00% | 0.00x | 1.16x | AU$1.67 Million |
| 2022 | 3.44% | 0.00% | 0.00x | 1.16x | AU$-8.30 Million |
| 2023 | -37.22% | 0.00% | 0.00x | 1.22x | AU$-44.16 Million |
| 2024 | -189.48% | 0.00% | 0.00x | 1.16x | AU$-72.76 Million |
| 2025 | -166.39% | 0.00% | 0.00x | 1.30x | AU$-32.88 Million |
Industry Comparison
This section compares Neometals Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $820,588,791
- Average return on equity (ROE) among peers: -12.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neometals Ltd (NMT) | AU$18.22 Million | -7.61% | 0.48x | $17.28 Million |
| Close the Loop Ltd (CLG) | $7.98 Million | 53.27% | 0.84x | $12.84 Million |
| Cleanaway Waste Management Ltd (CWY) | $2.95 Billion | 0.73% | 1.06x | $3.79 Billion |
| ENTYR Ltd (ETR) | $4.29 Million | -102.71% | 1.29x | $10.32 Million |
| Infragreen Group Ltd (IFN) | $1.14 Billion | 2.40% | 4.79x | $65.35 Million |
| Livium Ltd (LIT) | $10.05 Million | -17.65% | 0.06x | $13.14 Million |
About Neometals Ltd
Neometals Ltd engages in the development and commercialisation of sustainable processing solutions that recycle and recover critical materials from waste streams in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Barrambie Gold project covering an area of 505 square kilometers located in Sandstone, Western Australia; Lithium … Read more