New World Resources Ltd

AU:NWC Australia Other Industrial Metals & Mining
Market Cap
$150.74 Million
AU$243.44 Million AUD
Market Cap Rank
#35906 Global
#1367 in Australia
Share Price
AU$0.07
Change (1 day)
+0.00%
52-Week Range
AU$0.02 - AU$0.07
All Time High
AU$0.14
About

New World Resources Limited engages in the exploration and development of mineral properties in North America. The company explores for copper, zinc, silver, gold, and lead deposits. It holds 100% interest in the Antler copper project situated near the east of Yucca in northwestern Arizona; the Javelin VMS project covering approximately 4,000 acres located near Antler project in Arizona; and the … Read more

New World Resources Ltd (NWC) - Net Assets

Latest net assets as of December 2024: AU$76.84 Million AUD

Based on the latest financial reports, New World Resources Ltd (NWC) has net assets worth AU$76.84 Million AUD as of December 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$78.59 Million) and total liabilities (AU$1.75 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$76.84 Million
% of Total Assets 97.78%
Annual Growth Rate 14.07%
5-Year Change 292.76%
10-Year Change 1063.9%
Growth Volatility 529.24

New World Resources Ltd - Net Assets Trend (2005–2024)

This chart illustrates how New World Resources 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 World Resources Ltd (2005–2024)

The table below shows the annual net assets of New World Resources Ltd from 2005 to 2024.

Year Net Assets Change
2024-06-30 AU$72.10 Million +40.36%
2023-06-30 AU$51.37 Million +41.59%
2022-06-30 AU$36.28 Million -25.89%
2021-06-30 AU$48.95 Million +166.67%
2020-06-30 AU$18.36 Million +12.91%
2019-06-30 AU$16.26 Million -7.91%
2018-06-30 AU$17.65 Million +71.12%
2017-06-30 AU$10.32 Million +91.06%
2016-06-30 AU$5.40 Million -12.83%
2015-06-30 AU$6.19 Million +29.56%
2014-06-30 AU$4.78 Million +1.33%
2013-06-30 AU$4.72 Million -71.35%
2012-06-30 AU$16.47 Million +12.36%
2011-06-30 AU$14.66 Million +2346.99%
2010-06-30 AU$599.15K +557.34%
2009-06-30 AU$91.15K -99.45%
2008-06-30 AU$16.64 Million +28.57%
2007-06-30 AU$12.94 Million +117.52%
2006-06-30 AU$5.95 Million +0.62%
2005-06-30 AU$5.91 Million --

Equity Component Analysis

This analysis shows how different components contribute to New World Resources 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 9981691100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$154.88 Million 214.81%
Other Comprehensive Income AU$17.06 Million 23.66%
Total Equity AU$72.10 Million 100.00%

New World Resources Ltd Competitors by Market Cap

The table below lists competitors of New World Resources Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 51,368,852 to 72,099,034, a change of 20,730,182 (40.4%).
  • Net loss of 2,927,000 reduced equity.
  • Share repurchases of 1,556,378 reduced equity.
  • New share issuances of 25,416,428 increased equity.
  • Other comprehensive income decreased equity by 581,303.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-2.93 Million -4.06%
Share Repurchases AU$1.56 Million -2.16%
Share Issuances AU$25.42 Million +35.25%
Other Comprehensive Income AU$-581.30K -0.81%
Other Changes AU$378.44K +0.52%
Total Change AU$- 40.36%

Book Value vs Market Value Analysis

This analysis compares New World Resources 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: 2.18x
  • 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 0.00x to 2.18x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-06-30 AU$72.48 AU$0.07 x
2006-06-30 AU$85.72 AU$0.07 x
2007-06-30 AU$130.51 AU$0.07 x
2008-06-30 AU$92.25 AU$0.07 x
2009-06-30 AU$0.37 AU$0.07 x
2010-06-30 AU$1.27 AU$0.07 x
2011-06-30 AU$9.07 AU$0.07 x
2012-06-30 AU$7.03 AU$0.07 x
2013-06-30 AU$2.32 AU$0.07 x
2014-06-30 AU$0.48 AU$0.07 x
2015-06-30 AU$0.26 AU$0.07 x
2016-06-30 AU$0.15 AU$0.07 x
2017-06-30 AU$0.07 AU$0.07 x
2018-06-30 AU$0.04 AU$0.07 x
2019-06-30 AU$0.03 AU$0.07 x
2020-06-30 AU$0.02 AU$0.07 x
2021-06-30 AU$0.04 AU$0.07 x
2022-06-30 AU$0.02 AU$0.07 x
2023-06-30 AU$0.03 AU$0.07 x
2024-06-30 AU$0.03 AU$0.07 x

Capital Efficiency Dashboard

This dashboard shows how efficiently New World Resources 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): -4.06%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -760.16%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 1.04x
  • Recent ROE (-4.06%) is above the historical average (-1092.91%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 -7.45% -381.90% 0.02x 1.02x AU$-1.04 Million
2007 -15.23% -1589516.13% 0.00x 1.03x AU$-3.27 Million
2008 -113.85% -6025.92% 0.02x 1.13x AU$-20.61 Million
2009 -20024.80% -84810.19% 0.03x 8.18x AU$-18.26 Million
2010 -115.73% 0.00% 0.00x 1.60x AU$-753.32K
2011 -14.03% 0.00% 0.00x 1.93x AU$-2.06 Million
2012 -8.52% 0.00% 0.00x 1.62x AU$-1.95 Million
2013 -202.42% 0.00% 0.00x 1.14x AU$-10.28 Million
2014 -43.84% -16655.00% 0.00x 0.70x AU$-4.09 Million
2015 -5.19% -1033.83% 0.01x 0.74x AU$-1.37 Million
2016 -13.24% -3711.31% 0.01x 0.71x AU$-1.91 Million
2017 -33.79% -182896.12% 0.00x 1.02x AU$-4.52 Million
2018 -58.49% -216181.70% 0.00x 1.02x AU$-12.09 Million
2019 -46.98% -252910.20% 0.00x 1.01x AU$-9.26 Million
2020 -6.62% -74985.00% 0.00x 1.02x AU$-3.05 Million
2021 -5.73% -215904.62% 0.00x 1.02x AU$-7.70 Million
2022 -40.54% -1215702.48% 0.00x 1.25x AU$-18.34 Million
2023 -4.86% -8294.61% 0.00x 1.04x AU$-7.64 Million
2024 -4.06% -760.16% 0.01x 1.04x AU$-10.14 Million

Industry Comparison

This section compares New World Resources 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: $2,995,611
  • Average return on equity (ROE) among peers: -21.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
New World Resources Ltd (NWC) AU$76.84 Million -7.45% 0.02x $1.07 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.10K
Morella Corporation Ltd (1MC) $5.43 Million -6.71% 0.57x $2.93 Million
6K Additive Inc (6KA) $-21.36 Million 0.00% 0.00x $24.91 Million
Atlantic Lithium Ltd (A11) $789.39K -143.95% 0.47x $71.83 Million
African Gold Ltd (A1G) $6.42 Million -11.14% 0.01x $170.41 Million
Albright Metals Ltd (ABR) $5.61 Million 0.47% 0.11x $1.11 Million
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $4.38 Million -14.12% 0.03x $211.71K
Acdc Metals Ltd (ADC) $10.13 Million -6.86% 0.04x $1.02 Million
Admiralty Resources NL (ADY) $10.81 Million -14.31% 1.16x $5.70 Million