Patriot Resources Ltd
Patriot Resources Limited engages in exploration and development of lithium projects in the United States, Zambia, and Canada. The company explores for copper, gold, silver, and cobalt deposits. The company was formerly known as Patriot Lithium Limited and changed its name to Patriot Resources Limited in April 2025. Patriot Resources Limited was incorporated in 2021 and is based in Subiaco, Austr… Read more
Patriot Resources Ltd (PAT) - Net Assets
Latest net assets as of June 2025: AU$2.99 Million AUD
Based on the latest financial reports, Patriot Resources Ltd (PAT) has net assets worth AU$2.99 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.08 Million) and total liabilities (AU$86.68K). 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$2.99 Million |
| % of Total Assets | 97.18% |
| Annual Growth Rate | 176.02% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 702.9 |
Patriot Resources Ltd - Net Assets Trend (2021–2025)
This chart illustrates how Patriot 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 Patriot Resources Ltd (2021–2025)
The table below shows the annual net assets of Patriot Resources Ltd from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$2.99 Million | -30.92% |
| 2024-06-30 | AU$4.33 Million | -31.61% |
| 2023-06-30 | AU$6.33 Million | +1689.84% |
| 2022-06-30 | AU$353.76K | +586.38% |
| 2021-06-30 | AU$51.54K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Patriot 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 1635876600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$15.67 Million | 523.86% |
| Other Comprehensive Income | AU$3.70 Million | 123.60% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$2.99 Million | 100.00% |
Patriot Resources Ltd Competitors by Market Cap
The table below lists competitors of Patriot Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RUBIX Resources Ltd
AU:RB6
|
$2.62 Million |
|
Elite Express Holding Inc. Class A Common Stock
NASDAQ:ETS
|
$2.63 Million |
|
Dolfines SAS
PA:ALDOL
|
$2.63 Million |
|
Trajano Iberia Socimi SA
MC:YTRA
|
$2.63 Million |
|
Unifin Financiera S. A. B. de C. V
MX:UNIFINA
|
$2.62 Million |
|
RELIANCE STEEL & AL (RS6.SG)
STU:RS6
|
$2.62 Million |
|
Pharmena S.A.
WAR:PHR
|
$2.62 Million |
|
M8 Sustainable Ltd
AU:M8S
|
$2.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Patriot Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,330,507 to 2,991,509, a change of -1,338,998 (-30.9%).
- Net loss of 3,964,133 reduced equity.
- Share repurchases of 1,896,330 reduced equity.
- Other comprehensive income increased equity by 877,456.
- Other factors increased equity by 3,644,009.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.96 Million | -132.51% |
| Share Repurchases | AU$1.90 Million | -63.39% |
| Other Comprehensive Income | AU$877.46K | +29.33% |
| Other Changes | AU$3.64 Million | +121.81% |
| Total Change | AU$- | -30.92% |
Book Value vs Market Value Analysis
This analysis compares Patriot 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: 1.70x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 63.90x to 1.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | AU$0.00 | AU$0.04 | x |
| 2022-06-30 | AU$0.00 | AU$0.04 | x |
| 2023-06-30 | AU$0.07 | AU$0.04 | x |
| 2024-06-30 | AU$0.05 | AU$0.04 | x |
| 2025-06-30 | AU$0.02 | AU$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Patriot Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -132.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2042.73%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.03x
- Recent ROE (-132.51%) is below the historical average (-122.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -35.82% | 0.00% | 0.00x | 1.27x | AU$-23.61K |
| 2022 | -213.47% | -1510340.00% | 0.00x | 1.89x | AU$-790.55K |
| 2023 | -77.24% | -14905.29% | 0.00x | 1.04x | AU$-5.52 Million |
| 2024 | -155.85% | -37683.07% | 0.00x | 1.04x | AU$-7.18 Million |
| 2025 | -132.51% | -2042.73% | 0.06x | 1.03x | AU$-4.26 Million |
Industry Comparison
This section compares Patriot 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 |
|---|---|---|---|---|
| Patriot Resources Ltd (PAT) | AU$2.99 Million | -35.82% | 0.03x | $2.62 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 |