Perseus Mining Ltd (PRU) - Net Assets
Based on the latest financial reports, Perseus Mining Ltd (PRU) has net assets worth AU$2.47 Billion AUD (≈ $1.75 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.72 Billion ≈ $1.92 Billion USD) and total liabilities (AU$253.19 Million ≈ $179.15 Million 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 PRU goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$2.47 Billion |
| % of Total Assets | 90.69% |
| Annual Growth Rate | 38.36% |
| 5-Year Change | 108.63% |
| 10-Year Change | 187.2% |
| Growth Volatility | 58.91 |
Perseus Mining Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Perseus Mining Ltd's net assets have evolved over time, based on quarterly financial data. See PRU cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Perseus Mining Ltd (2004–2025)
The table below shows the annual net assets of Perseus Mining Ltd from 2004 to 2025. For live valuation and market cap data, see Perseus Mining Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$2.21 Billion ≈ $1.56 Billion |
+24.18% |
| 2024-06-30 | AU$1.78 Billion ≈ $1.26 Billion |
-17.31% |
| 2023-06-30 | AU$2.15 Billion ≈ $1.52 Billion |
+31.04% |
| 2022-06-30 | AU$1.64 Billion ≈ $1.16 Billion |
+55.05% |
| 2021-06-30 | AU$1.06 Billion ≈ $749.38 Million |
+20.96% |
| 2020-06-30 | AU$875.55 Million ≈ $619.51 Million |
+11.75% |
| 2019-06-30 | AU$783.51 Million ≈ $554.38 Million |
+9.69% |
| 2018-06-30 | AU$714.31 Million ≈ $505.42 Million |
+7.84% |
| 2017-06-30 | AU$662.36 Million ≈ $468.66 Million |
-13.90% |
| 2016-06-30 | AU$769.34 Million ≈ $544.36 Million |
+31.91% |
| 2015-06-30 | AU$583.22 Million ≈ $412.67 Million |
+24.99% |
| 2014-06-30 | AU$466.61 Million ≈ $330.16 Million |
-3.06% |
| 2013-06-30 | AU$481.34 Million ≈ $340.58 Million |
+33.76% |
| 2012-06-30 | AU$359.87 Million ≈ $254.63 Million |
+69.44% |
| 2011-06-30 | AU$212.38 Million ≈ $150.28 Million |
-33.82% |
| 2010-06-30 | AU$320.93 Million ≈ $227.08 Million |
+141.67% |
| 2009-06-30 | AU$132.80 Million ≈ $93.96 Million |
+125.19% |
| 2008-06-30 | AU$58.97 Million ≈ $41.73 Million |
+168.66% |
| 2007-06-30 | AU$21.95 Million ≈ $15.53 Million |
+59.72% |
| 2006-06-30 | AU$13.74 Million ≈ $9.72 Million |
+168.46% |
| 2005-06-30 | AU$5.12 Million ≈ $3.62 Million |
+111.89% |
| 2004-06-30 | AU$2.42 Million ≈ $1.71 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Perseus Mining 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 grown by 115466900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$1.15 Billion | 57.74% |
| Common Stock | AU$801.42 Million | 40.08% |
| Other Comprehensive Income | AU$43.70 Million | 2.19% |
| Total Equity | AU$2.00 Billion | 100.00% |
Perseus Mining Ltd Competitors by Market Cap
The table below lists competitors of Perseus Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Wantai Biological Pharmacy Enterprise Co Ltd
SHG:603392
|
$5.28 Billion |
|
Leo Group Co Ltd
SHE:002131
|
$5.28 Billion |
|
Amentum Holdings Inc.
NYSE:AMTM
|
$5.28 Billion |
|
Venture Global, Inc.
NYSE:VG
|
$5.28 Billion |
|
Floor & Decor Holdings Inc
NYSE:FND
|
$5.27 Billion |
|
LYFT Inc
NASDAQ:LYFT
|
$5.27 Billion |
|
Fomento de Construcciones y Contratas SA
MC:FCC
|
$5.27 Billion |
|
Grinm Advanced Materials Co Ltd
SHG:600206
|
$5.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Perseus Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,577,698,822 to 1,999,789,000, a change of 422,090,178 (26.8%).
- Net income of 242,984,641 contributed positively to equity growth.
- Dividend payments of 91,888,000 reduced retained earnings.
- Share repurchases of 42,944,000 reduced equity.
- Other comprehensive income increased equity by 147,717,061.
- Other factors increased equity by 166,220,476.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$242.98 Million | +12.15% |
| Dividends Paid | AU$91.89 Million | -4.59% |
| Share Repurchases | AU$42.94 Million | -2.15% |
| Other Comprehensive Income | AU$147.72 Million | +7.39% |
| Other Changes | AU$166.22 Million | +8.31% |
| Total Change | AU$- | 26.75% |
Book Value vs Market Value Analysis
This analysis compares Perseus Mining 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: 3.83x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5054.28x to 3.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | AU$0.00 | AU$5.54 | x |
| 2005-06-30 | AU$0.09 | AU$5.54 | x |
| 2006-06-30 | AU$0.19 | AU$5.54 | x |
| 2007-06-30 | AU$0.22 | AU$5.54 | x |
| 2008-06-30 | AU$0.41 | AU$5.54 | x |
| 2009-06-30 | AU$0.69 | AU$5.54 | x |
| 2010-06-30 | AU$0.96 | AU$5.54 | x |
| 2011-06-30 | AU$0.51 | AU$5.54 | x |
| 2012-06-30 | AU$0.80 | AU$5.54 | x |
| 2013-06-30 | AU$1.02 | AU$5.54 | x |
| 2014-06-30 | AU$0.95 | AU$5.54 | x |
| 2015-06-30 | AU$1.06 | AU$5.54 | x |
| 2016-06-30 | AU$1.22 | AU$5.54 | x |
| 2017-06-30 | AU$0.68 | AU$5.54 | x |
| 2018-06-30 | AU$0.68 | AU$5.54 | x |
| 2019-06-30 | AU$0.66 | AU$5.54 | x |
| 2020-06-30 | AU$0.72 | AU$5.54 | x |
| 2021-06-30 | AU$0.83 | AU$5.54 | x |
| 2022-06-30 | AU$1.16 | AU$5.54 | x |
| 2023-06-30 | AU$1.40 | AU$5.54 | x |
| 2024-06-30 | AU$1.14 | AU$5.54 | x |
| 2025-06-30 | AU$1.45 | AU$5.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Perseus Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.71%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.24x
- Recent ROE (12.15%) is above the historical average (1.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -11.70% | -428.11% | 0.03x | 1.05x | AU$-524.15K |
| 2005 | -13.45% | -908.11% | 0.01x | 1.09x | AU$-1.20 Million |
| 2006 | -7.39% | -151.83% | 0.05x | 1.03x | AU$-2.39 Million |
| 2007 | -2.38% | -37.05% | 0.05x | 1.24x | AU$-2.72 Million |
| 2008 | -8.21% | -3834.85% | 0.00x | 1.12x | AU$-10.74 Million |
| 2009 | -3.61% | -312.20% | 0.01x | 1.10x | AU$-18.07 Million |
| 2010 | -3.01% | -515.76% | 0.01x | 1.08x | AU$-41.80 Million |
| 2011 | -22.03% | -56876.70% | 0.00x | 1.76x | AU$-70.14 Million |
| 2012 | 13.08% | 32.59% | 0.27x | 1.47x | AU$11.11 Million |
| 2013 | 8.12% | 13.07% | 0.50x | 1.25x | AU$-8.86 Million |
| 2014 | -6.73% | -11.72% | 0.47x | 1.22x | AU$-76.95 Million |
| 2015 | 15.38% | 26.33% | 0.48x | 1.22x | AU$30.72 Million |
| 2016 | -4.68% | -14.49% | 0.26x | 1.24x | AU$-111.75 Million |
| 2017 | -11.31% | -28.75% | 0.32x | 1.22x | AU$-150.02 Million |
| 2018 | -3.66% | -6.84% | 0.39x | 1.36x | AU$-96.54 Million |
| 2019 | 0.90% | 1.37% | 0.52x | 1.25x | AU$-70.63 Million |
| 2020 | 10.89% | 15.96% | 0.46x | 1.49x | AU$7.68 Million |
| 2021 | 11.27% | 17.10% | 0.48x | 1.37x | AU$13.08 Million |
| 2022 | 15.93% | 20.75% | 0.57x | 1.36x | AU$86.97 Million |
| 2023 | 22.21% | 29.64% | 0.60x | 1.26x | AU$234.94 Million |
| 2024 | 20.91% | 72.18% | 0.23x | 1.26x | AU$172.19 Million |
| 2025 | 12.15% | 29.71% | 0.33x | 1.24x | AU$43.01 Million |
Industry Comparison
This section compares Perseus Mining Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,584,559
- Average return on equity (ROE) among peers: -82.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Perseus Mining Ltd (PRU) | AU$2.47 Billion | -11.70% | 0.10x | $5.28 Billion |
| Australasian Metals Ltd (A8G) | $157.85K | -276.65% | 0.40x | $3.69 Million |
| Ariana Resources Plc (AA2) | $27.06 Million | 14.89% | 0.03x | $56.25 Million |
| Aruma Resources Ltd (AAJ) | $1.01 Million | -180.32% | 0.18x | $6.23 Million |
| Astral Resources NL (AAR) | $10.53 Million | -7.82% | 0.06x | $165.67 Million |
| Antilles Gold Ltd (AAU) | $2.61 Million | -11.90% | 0.06x | $13.92 Million |
| Adelong Gold Ltd (ADG) | $520.94K | -186.29% | 0.80x | $8.49 Million |
| Ardiden Ltd (ADV) | $584.29K | -162.76% | 3.75x | $54.74 Million |
| Australian Gold and Copper Ltd (AGC) | $30.38 Million | -2.12% | 0.01x | $25.72 Million |
| Ark Mines Ltd (AHK) | $2.58 Million | -9.59% | 0.01x | $15.61 Million |
| Alkane Resources Ltd (ALK) | $424.00K | 0.47% | 0.99x | $1.58 Billion |
About Perseus Mining Ltd
Perseus Mining Limited, together with its subsidiaries, explores, evaluates, develops, and mines for gold properties in Ghana, Côte d'Ivoire, Tanzania, and Sudan. The company's flagship assets include the 90% owned Yaouré gold mine located in central Côte d'Ivoire; and the 80% owned Nyanzaga gold project located on the north-eastern flank of the Sukumaland Archaean Greenstone Belt of the Lake Vic… Read more