Newfield Resources Ltd

AU:NWF Australia Other Precious Metals & Mining
Market Cap
$51.84 Million
AU$83.72 Million AUD
Market Cap Rank
#25296 Global
#547 in Australia
Share Price
AU$0.09
Change (1 day)
+0.00%
52-Week Range
AU$0.09 - AU$0.09
All Time High
AU$0.69
Categories
Companies in Australia Other Precious Metals & Mining
About

Newfield Resources Limited engages in the mine development, stope mining, and mineral exploration activities in Australia and Africa. It primarily explores for diamonds and gold deposits. The company's flagship project is the Tongo diamond project, which covers an area over 134 square kilometers in eastern Sierra Leone. Newfield Resources Limited was incorporated in 2011 and is based in North Fre… Read more

Newfield Resources Ltd (NWF) - Net Assets

Latest net assets as of June 2024: AU$-12.09 Million AUD

Based on the latest financial reports, Newfield Resources Ltd (NWF) has net assets worth AU$-12.09 Million AUD as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.55 Million) and total liabilities (AU$15.64 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$-12.09 Million
% of Total Assets -340.79%
Annual Growth Rate N/A
5-Year Change -123.25%
10-Year Change -169.83%
Growth Volatility 83.97

Newfield Resources Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Newfield 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 Newfield Resources Ltd (2012–2024)

The table below shows the annual net assets of Newfield Resources Ltd from 2012 to 2024.

Year Net Assets Change
2024-06-30 AU$-12.09 Million -112.16%
2023-06-30 AU$99.44 Million -1.33%
2022-06-30 AU$100.79 Million +186.85%
2021-06-30 AU$35.14 Million -32.45%
2020-06-30 AU$52.01 Million -15.11%
2019-06-30 AU$61.27 Million -3.84%
2018-06-30 AU$63.72 Million +141.08%
2017-06-30 AU$26.43 Million +3.47%
2016-06-30 AU$25.54 Million +47.51%
2015-06-30 AU$17.32 Million +154.05%
2014-06-30 AU$6.82 Million +77.86%
2013-06-30 AU$3.83 Million -5.34%
2012-06-30 AU$4.05 Million --

Equity Component Analysis

This analysis shows how different components contribute to Newfield 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 21749499400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$194.08 Million %
Other Comprehensive Income AU$11.75 Million %
Total Equity AU$-11.85 Million 100.00%

Newfield Resources Ltd Competitors by Market Cap

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

Company Market Cap
Maskapai Reasuransi Indonesia
JK:MREI
 		$20.88 Million
Inovalis Real Estate Investment Trust
PINK:IVREF
 		$20.89 Million
Touch Ventures Ltd
AU:TVL
 		$20.90 Million
Kervan Gıda Sanayi Ve Ticaret As
IS:KRVGD
 		$20.90 Million
XTPL S.A. INH. ZY -10
F:5C8
 		$20.87 Million
Cufe Ltd
AU:CUF
 		$20.87 Million
Source Rock Royalties Ltd
V:SRR
 		$20.87 Million
Wasko S.A.
WAR:WAS
 		$20.87 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 99,683,047 to -11,847,853, a change of -111,530,900 (-111.9%).
  • Net loss of 136,517,759 reduced equity.
  • Share repurchases of 178,389 reduced equity.
  • New share issuances of 10,411,192 increased equity.
  • Other comprehensive income increased equity by 890,442.
  • Other factors increased equity by 13,863,614.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-136.52 Million -1152.26%
Share Repurchases AU$178.39K -1.51%
Share Issuances AU$10.41 Million +87.87%
Other Comprehensive Income AU$890.44K +7.52%
Other Changes AU$13.86 Million +117.01%
Total Change AU$- -111.89%

Book Value vs Market Value Analysis

This analysis compares Newfield 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

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-06-30 AU$0.04 AU$0.09 x
2013-06-30 AU$0.03 AU$0.09 x
2014-06-30 AU$0.05 AU$0.09 x
2015-06-30 AU$0.08 AU$0.09 x
2016-06-30 AU$0.13 AU$0.09 x
2017-06-30 AU$0.09 AU$0.09 x
2018-06-30 AU$0.21 AU$0.09 x
2019-06-30 AU$0.10 AU$0.09 x
2020-06-30 AU$0.09 AU$0.09 x
2021-06-30 AU$0.06 AU$0.09 x
2022-06-30 AU$0.15 AU$0.09 x
2023-06-30 AU$0.13 AU$0.09 x
2024-06-30 AU$-0.01 AU$0.09 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Newfield 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): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6626.15%
  • • Asset Turnover: 0.58x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-13.91%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 -4.66% 0.00% 0.00x 1.01x AU$-593.39K
2013 -5.64% 0.00% 0.00x 1.03x AU$-599.23K
2014 -17.75% 0.00% 0.00x 1.04x AU$-1.89 Million
2015 -8.81% -2331.23% 0.00x 1.04x AU$-3.25 Million
2016 -16.40% -707.81% 0.02x 1.04x AU$-6.74 Million
2017 -5.30% -1013.93% 0.01x 1.02x AU$-4.04 Million
2018 -43.08% -12454.95% 0.00x 1.36x AU$-33.82 Million
2019 -10.54% -930.46% 0.01x 1.41x AU$-12.58 Million
2020 -19.08% -4093.02% 0.00x 2.06x AU$-15.13 Million
2021 -32.39% -382.12% 0.03x 3.16x AU$-14.90 Million
2022 -6.86% -349.96% 0.02x 1.29x AU$-16.99 Million
2023 -10.38% 0.00% -0.01x 1.41x AU$-20.32 Million
2024 0.00% -6626.15% 0.58x 0.00x AU$-135.33 Million

Industry Comparison

This section compares Newfield Resources Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.

Industry Context

  • Industry: Other Precious Metals & Mining
  • Average net assets among peers: $113,835,527
  • Average return on equity (ROE) among peers: -62.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Newfield Resources Ltd (NWF) AU$-12.09 Million -4.66% N/A $20.88 Million
29METALS Ltd (29M) $769.54 Million 15.73% 0.71x $171.73 Million
Aic Mines Ltd (A1M) $8.72 Million -78.07% 0.14x $147.29 Million
Australian Critical Minerals Ltd (ACM) $-14.00K 0.00% 0.00x $1.43 Million
Alvo Minerals Ltd (ALV) $3.02 Million -198.12% 0.08x $2.34 Million
Alicanto Minerals Ltd (AQI) $4.78 Million -147.27% 0.13x $43.93 Million
Askari Metals Ltd (AS2) $11.00 Million -56.43% 0.12x $2.21 Million
Altitude Minerals Ltd (ATT) $4.14 Million -122.29% 0.15x $2.59 Million
Avira Resources Ltd (AVW) $7.03 Million -32.56% 0.54x $1.27 Million
Antipa Minerals Ltd (AZY) $98.25 Million -5.44% 0.06x $209.72 Million
Burgundy Diamond Mines Ltd (BDM) $231.89 Million -0.88% 3.22x $10.17 Million