Norwest Minerals Ltd (NWM) - Net Assets
Based on the latest financial reports, Norwest Minerals Ltd (NWM) has net assets worth AU$26.20 Million AUD (≈ $18.54 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$27.14 Million ≈ $19.21 Million USD) and total liabilities (AU$940.49K ≈ $665.46K 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 Norwest Minerals Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$26.20 Million |
| % of Total Assets | 96.54% |
| Annual Growth Rate | 14.56% |
| 5-Year Change | 110.3% |
| 10-Year Change | N/A |
| Growth Volatility | 11.53 |
Norwest Minerals Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Norwest Minerals Ltd's net assets have evolved over time, based on quarterly financial data. See Norwest Minerals Ltd (NWM) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Norwest Minerals Ltd (2018–2025)
The table below shows the annual net assets of Norwest Minerals Ltd from 2018 to 2025. For live valuation and market cap data, see Norwest Minerals Ltd (NWM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$26.20 Million ≈ $18.54 Million |
+26.25% |
| 2024-06-30 | AU$20.76 Million ≈ $14.69 Million |
+8.13% |
| 2023-06-30 | AU$19.19 Million ≈ $13.58 Million |
+18.57% |
| 2022-06-30 | AU$16.19 Million ≈ $11.45 Million |
+29.92% |
| 2021-06-30 | AU$12.46 Million ≈ $8.82 Million |
+5.54% |
| 2020-06-30 | AU$11.81 Million ≈ $8.35 Million |
+20.63% |
| 2019-06-30 | AU$9.79 Million ≈ $6.92 Million |
-3.25% |
| 2018-07-31 | AU$10.11 Million ≈ $7.16 Million |
0.00% |
| 2018-06-30 | AU$10.11 Million ≈ $7.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Norwest Minerals 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 915957700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$34.83 Million | 132.93% |
| Other Comprehensive Income | AU$2.18 Million | 8.32% |
| Total Equity | AU$26.20 Million | 100.00% |
Norwest Minerals Ltd Competitors by Market Cap
The table below lists competitors of Norwest Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ace Oldfields PT
JK:KUAS
|
$6.89 Million |
|
Keybridge Capital Ltd
AU:KBC
|
$6.90 Million |
|
Upsellon Brands Holdings Ltd
TA:UPSL
|
$6.90 Million |
|
Enthusiast Gaming Holdings Inc
TO:EGLX
|
$6.91 Million |
|
BAWAT WATER TECHNOLOGIES
F:M5W
|
$6.88 Million |
|
Bri-Chem Corp.
TO:BRY
|
$6.88 Million |
|
TME PHARM.CONF.IPO EO 1-
F:0N6A
|
$6.88 Million |
|
BlackRock Greater Europe Investment Trust plc
LSE:BRGE
|
$6.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norwest Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,755,111 to 26,203,115, a change of 5,448,004 (26.2%).
- Net loss of 1,834,979 reduced equity.
- Share repurchases of 7,259,390 reduced equity.
- Other comprehensive income increased equity by 350,107.
- Other factors increased equity by 14,192,266.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.83 Million | -7.0% |
| Share Repurchases | AU$7.26 Million | -27.7% |
| Other Comprehensive Income | AU$350.11K | +1.34% |
| Other Changes | AU$14.19 Million | +54.16% |
| Total Change | AU$- | 26.25% |
Book Value vs Market Value Analysis
This analysis compares Norwest Minerals 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: 0.16x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | AU$0.13 | AU$0.01 | x |
| 2019-06-30 | AU$0.17 | AU$0.01 | x |
| 2020-06-30 | AU$0.14 | AU$0.01 | x |
| 2021-06-30 | AU$0.11 | AU$0.01 | x |
| 2022-06-30 | AU$0.09 | AU$0.01 | x |
| 2023-06-30 | AU$0.09 | AU$0.01 | x |
| 2024-06-30 | AU$0.07 | AU$0.01 | x |
| 2025-06-30 | AU$0.06 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norwest Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8925.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (-7.00%) is above the historical average (-8.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -0.86% | 0.00% | 0.00x | 1.07x | AU$-1.10 Million |
| 2018 | -2.66% | 0.00% | 0.00x | 1.07x | AU$-1.28 Million |
| 2019 | -21.90% | -3952.86% | 0.01x | 1.05x | AU$-3.12 Million |
| 2020 | -10.57% | -4970.97% | 0.00x | 1.04x | AU$-2.43 Million |
| 2021 | -13.59% | -1952.35% | 0.01x | 1.06x | AU$-2.94 Million |
| 2022 | -9.10% | -31271.63% | 0.00x | 1.03x | AU$-3.09 Million |
| 2023 | -6.72% | -1074207.50% | 0.00x | 1.03x | AU$-3.21 Million |
| 2024 | -5.01% | -87453.11% | 0.00x | 1.05x | AU$-3.12 Million |
| 2025 | -7.00% | -8925.00% | 0.00x | 1.04x | AU$-4.46 Million |
Industry Comparison
This section compares Norwest Minerals Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,975,589
- Average return on equity (ROE) among peers: -44.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norwest Minerals Ltd (NWM) | AU$26.20 Million | -0.86% | 0.04x | $6.89 Million |
| Australasian Metals Ltd (A8G) | $157.85K | -276.65% | 0.40x | $4.98 Million |
| Ariana Resources Plc (AA2) | $27.06 Million | 14.89% | 0.03x | $54.60 Million |
| Aruma Resources Ltd (AAJ) | $2.79 Million | -55.76% | 0.06x | $5.71 Million |
| Astral Resources NL (AAR) | $11.28 Million | 49.48% | 0.09x | $159.29 Million |
| Antilles Gold Ltd (AAU) | $-103.00K | 0.00% | 0.00x | $13.92 Million |
| Adelong Gold Ltd (ADG) | $1.94 Million | 30.79% | 0.03x | $9.43 Million |
| Ardiden Ltd (ADV) | $584.29K | -162.76% | 3.75x | $52.46 Million |
| Australian Gold and Copper Ltd (AGC) | $18.99 Million | -0.02% | 0.00x | $24.77 Million |
| Ark Mines Ltd (AHK) | $924.97K | -44.34% | 0.19x | $15.61 Million |
| Alkane Resources Ltd (ALK) | $16.14 Million | 0.00% | 0.09x | $1.55 Billion |
About Norwest Minerals Ltd
Norwest Minerals Limited engages in the mining and exploration of natural resources in Western Australia. It explores for gold, copper, lead, zinc, silver, nickel, base metals, and rare earth elements. The company was incorporated in 2017 and is based in West Perth, Australia.