New Talisman Gold Mines Ltd

AU:NTL Australia Gold
Market Cap
$6.20 Million
AU$10.01 Million AUD
Market Cap Rank
#33282 Global
#1142 in Australia
Share Price
AU$0.02
Change (1 day)
+0.00%
52-Week Range
AU$0.02 - AU$0.02
All Time High
AU$0.26
Categories
Companies in Australia Gold
About

New Talisman Gold Mines Limited, together with its subsidiaries, engages in the mine development and mineral exploration activities in New Zealand and Vanuatu. It primarily explores for gold and silver deposits. The company holds interest in the Talisman gold project. It also invests in shares. The company was founded in 1894 and is headquartered in Auckland, New Zealand.

New Talisman Gold Mines Ltd (NTL) - Net Assets

Latest net assets as of March 2024: AU$8.11 Million AUD

Based on the latest financial reports, New Talisman Gold Mines Ltd (NTL) has net assets worth AU$8.11 Million AUD as of March 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$9.48 Million) and total liabilities (AU$1.37 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$8.11 Million
% of Total Assets 85.59%
Annual Growth Rate -0.02%
5-Year Change -47.55%
10-Year Change -19.81%
Growth Volatility 30.96

New Talisman Gold Mines Ltd - Net Assets Trend (1991–2024)

This chart illustrates how New Talisman Gold Mines 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 New Talisman Gold Mines Ltd (1991–2024)

The table below shows the annual net assets of New Talisman Gold Mines Ltd from 1991 to 2024.

Year Net Assets Change
2024-03-31 AU$8.11 Million -24.92%
2023-03-31 AU$10.80 Million +5.28%
2022-03-31 AU$10.26 Million -26.25%
2021-03-31 AU$13.92 Million -10.02%
2020-03-31 AU$15.46 Million +0.50%
2019-03-31 AU$15.39 Million -5.03%
2018-03-31 AU$16.20 Million +8.50%
2017-03-31 AU$14.93 Million +109.77%
2016-03-31 AU$7.12 Million -29.61%
2015-03-31 AU$10.12 Million +10.13%
2014-03-31 AU$9.18 Million -7.71%
2013-03-31 AU$9.95 Million +6.76%
2012-03-31 AU$9.32 Million -7.60%
2011-03-31 AU$10.09 Million -7.78%
2010-03-31 AU$10.94 Million +13.58%
2009-03-31 AU$9.63 Million -21.36%
2008-03-31 AU$12.25 Million +40.15%
2007-03-31 AU$8.74 Million +14.53%
2006-03-31 AU$7.63 Million -16.18%
2005-03-31 AU$9.10 Million +23.96%
2004-03-31 AU$7.34 Million +1.86%
2003-03-31 AU$7.21 Million -11.35%
2002-03-31 AU$8.13 Million -9.08%
2001-03-31 AU$8.95 Million +98.92%
1999-03-31 AU$4.50 Million -5.14%
1998-03-31 AU$4.74 Million -38.33%
1996-03-31 AU$7.69 Million -0.58%
1995-03-31 AU$7.73 Million -1.28%
1994-03-31 AU$7.83 Million +17.60%
1993-03-31 AU$6.66 Million -6.70%
1992-03-31 AU$7.14 Million -12.56%
1991-03-31 AU$8.16 Million --

Equity Component Analysis

This analysis shows how different components contribute to New Talisman Gold Mines 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 3204596723.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2024)

Component Amount Percentage
Common Stock AU$41.47 Million 511.26%
Total Equity AU$8.11 Million 100.00%

New Talisman Gold Mines Ltd Competitors by Market Cap

The table below lists competitors of New Talisman Gold Mines Ltd ranked by their market capitalization.

Company Market Cap
Legacy Ventures International Inc
PINK:LGYV
 		$2.78 Million
CGN Resources Ltd
AU:CGR
 		$2.78 Million
Good Shroom Co Inc
V:MUSH
 		$2.78 Million
Mesa Air Group Inc
NASDAQ:MESA
 		$2.78 Million
SPEAR Investments I B.V.
AS:QEV
 		$2.78 Million
KENTIMA HOLDING AB B
F:3K8
 		$2.78 Million
HPMT Holdings Bhd
KLSE:5291
 		$2.77 Million
HOME DEPOT - Dusseldorf Stock Exchang
DU:HDI
 		$2.77 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in New Talisman Gold Mines Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 10,804,019 to 8,111,509, a change of -2,692,510 (-24.9%).
  • Net loss of 1,800,959 reduced equity.
  • New share issuances of 247,751 increased equity.
  • Other comprehensive income decreased equity by 28,800.
  • Other factors decreased equity by 1,110,502.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-1.80 Million -22.2%
Share Issuances AU$247.75K +3.05%
Other Comprehensive Income AU$-28.80K -0.36%
Other Changes AU$-1.11 Million -13.69%
Total Change AU$- -24.92%

Book Value vs Market Value Analysis

This analysis compares New Talisman Gold Mines 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: 0.86x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 39.31x to 0.86x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1991-03-31 AU$0.00 AU$0.02 x
1992-03-31 AU$1.39 AU$0.02 x
1993-03-31 AU$0.01 AU$0.02 x
1994-03-31 AU$0.01 AU$0.02 x
1995-03-31 AU$0.01 AU$0.02 x
1996-03-31 AU$0.01 AU$0.02 x
1997-03-31 AU$0.01 AU$0.02 x
1998-03-31 AU$0.72 AU$0.02 x
1999-03-31 AU$0.01 AU$0.02 x
2000-03-31 AU$0.00 AU$0.02 x
2001-03-31 AU$0.71 AU$0.02 x
2002-03-31 AU$0.64 AU$0.02 x
2003-03-31 AU$0.57 AU$0.02 x
2004-03-31 AU$0.55 AU$0.02 x
2005-03-31 AU$0.55 AU$0.02 x
2006-03-31 AU$0.38 AU$0.02 x
2007-03-31 AU$0.33 AU$0.02 x
2008-03-31 AU$0.30 AU$0.02 x
2009-03-31 AU$0.20 AU$0.02 x
2010-03-31 AU$0.21 AU$0.02 x
2011-03-31 AU$0.17 AU$0.02 x
2012-03-31 AU$0.16 AU$0.02 x
2013-03-31 AU$0.10 AU$0.02 x
2014-03-31 AU$0.11 AU$0.02 x
2015-03-31 AU$0.11 AU$0.02 x
2016-03-31 AU$0.06 AU$0.02 x
2017-03-31 AU$0.08 AU$0.02 x
2018-03-31 AU$0.07 AU$0.02 x
2019-03-31 AU$0.07 AU$0.02 x
2020-03-31 AU$0.06 AU$0.02 x
2021-03-31 AU$0.05 AU$0.02 x
2022-03-31 AU$0.03 AU$0.02 x
2023-03-31 AU$0.03 AU$0.02 x
2024-03-31 AU$0.02 AU$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently New Talisman Gold Mines 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): -22.20%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -4184.29%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.17x
  • Recent ROE (-22.20%) is below the historical average (-10.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1991 -0.74% 0.00% 0.00x 1.02x AU$-877.12K
1992 0.66% 0.00% 0.00x 1.02x AU$-666.95K
1998 -62.03% 0.00% 0.00x 1.01x AU$-3.41 Million
1999 -4.25% 0.00% 0.00x 1.02x AU$-648.05K
2000 -4.16% 0.00% 0.00x 0.00x AU$-753.04K
2001 -0.03% -0.56% 0.05x 1.00x AU$-896.91K
2002 -3.29% -15028.48% 0.00x 1.00x AU$-1.08 Million
2003 8.53% 21708.51% 0.00x 1.01x AU$-105.94K
2004 -4.83% -35466.20% 0.00x 1.03x AU$-1.09 Million
2005 -4.01% 0.00% 0.00x 1.04x AU$-1.28 Million
2006 -34.59% -1194.11% 0.03x 1.01x AU$-3.40 Million
2007 -9.24% 0.00% 0.00x 1.03x AU$-1.68 Million
2008 -7.75% 0.00% 0.00x 1.03x AU$-2.17 Million
2009 -7.04% 0.00% 0.00x 1.01x AU$-1.64 Million
2010 -4.31% 0.00% 0.00x 1.01x AU$-1.57 Million
2011 -8.44% 0.00% 0.00x 1.01x AU$-1.86 Million
2012 -9.14% -2528.57% 0.00x 1.01x AU$-1.78 Million
2013 -9.19% -7753.92% 0.00x 1.02x AU$-1.91 Million
2014 -8.24% -543.28% 0.01x 1.08x AU$-1.68 Million
2015 -9.50% -680.40% 0.01x 1.08x AU$-1.97 Million
2016 -36.03% -26980.03% 0.00x 1.01x AU$-3.28 Million
2017 -4.30% -2979.49% 0.00x 1.01x AU$-2.14 Million
2018 -5.82% -732.90% 0.01x 1.01x AU$-2.56 Million
2019 -7.82% -1387.44% 0.01x 1.03x AU$-2.74 Million
2020 -23.10% -9041.36% 0.00x 1.01x AU$-5.12 Million
2021 -5.48% -307.77% 0.02x 1.02x AU$-2.15 Million
2022 -10.39% 0.00% 0.00x 1.03x AU$-2.09 Million
2023 -11.10% 0.00% 0.00x 1.11x AU$-2.28 Million
2024 -22.20% -4184.29% 0.00x 1.17x AU$-2.61 Million

Industry Comparison

This section compares New Talisman Gold Mines Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $23,959,302
  • Average return on equity (ROE) among peers: -1270.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
New Talisman Gold Mines Ltd (NTL) AU$8.11 Million -0.74% 0.17x $2.78 Million
Australasian Metals Ltd (A8G) $5.85 Million -16.53% 0.05x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $4.81K -12574.39% 0.18x $138.29 Million
Adelong Gold Ltd (ADG) $911.18K -70.31% 0.11x $6.07 Million
Ardiden Ltd (ADV) $5.54 Million -12.67% 0.11x $10.37 Million
Ark Mines Ltd (AHK) $-7.71 Million 0.00% 0.00x $8.35 Million
Aureka Ltd (AKA) $28.36 Million 9.46% 0.19x $6.23 Million
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million