Solara Minerals Ltd
Solara Minerals Ltd operates as a mineral exploration company in Australia. It primarily explores for gold, nickel, diamond, copper, cobalt, Niobium, and Lithium elements. Solara Minerals Ltd was formerly known as Lycaon Resources Limited and changed its name to Solara Minerals Ltd in March 2025. Solara Minerals Ltd was incorporated in 2021 and is based in Perth, Australia.
Solara Minerals Ltd (SLA) - Net Assets
Latest net assets as of June 2025: AU$6.78 Million AUD
Based on the latest financial reports, Solara Minerals Ltd (SLA) has net assets worth AU$6.78 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$6.96 Million) and total liabilities (AU$187.80K). 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$6.78 Million |
| % of Total Assets | 97.3% |
| Annual Growth Rate | -32.73% |
| 5-Year Change | -91.27% |
| 10-Year Change | N/A |
| Growth Volatility | 61.54 |
Solara Minerals Ltd - Net Assets Trend (2020–2025)
This chart illustrates how Solara Minerals 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 Solara Minerals Ltd (2020–2025)
The table below shows the annual net assets of Solara Minerals Ltd from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$6.78 Million | -4.73% |
| 2024-06-30 | AU$7.11 Million | +82.38% |
| 2023-06-30 | AU$3.90 Million | -95.63% |
| 2022-06-30 | AU$89.28 Million | +14.97% |
| 2021-06-30 | AU$77.66 Million | +57.95% |
| 2020-06-30 | AU$49.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solara 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 grown by 152216300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$10.15 Million | 149.77% |
| Other Comprehensive Income | AU$708.05K | 10.45% |
| Total Equity | AU$6.78 Million | 100.00% |
Solara Minerals Ltd Competitors by Market Cap
The table below lists competitors of Solara Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mg Internation
PA:ALMGI
|
$3.57 Million |
|
Anmol India Limited
NSE:ANMOL
|
$3.57 Million |
|
Eko Export SA
WAR:EEX
|
$3.57 Million |
|
Thruvision Group plc
PINK:DIGTF
|
$3.58 Million |
|
BH Global Corporation Limited
TW:911608
|
$3.57 Million |
|
ThreeD Capital Inc
OTCQX:IDKFF
|
$3.57 Million |
|
Hummingbird Resources PLC
PINK:HUMRF
|
$3.57 Million |
|
Circa Group AS
OL:CIRCA
|
$3.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solara Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,113,457 to 6,776,712, a change of -336,745 (-4.7%).
- Net loss of 1,216,093 reduced equity.
- Share repurchases of 450,000 reduced equity.
- Other comprehensive income decreased equity by 76,831.
- Other factors increased equity by 1,406,179.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.22 Million | -17.95% |
| Share Repurchases | AU$450.00K | -6.64% |
| Other Comprehensive Income | AU$-76.83K | -1.13% |
| Other Changes | AU$1.41 Million | +20.75% |
| Total Change | AU$- | -4.73% |
Book Value vs Market Value Analysis
This analysis compares Solara 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: 1.25x
- 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 0.09x to 1.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | AU$1.78 | AU$0.16 | x |
| 2022-06-30 | AU$1.68 | AU$0.16 | x |
| 2023-06-30 | AU$0.11 | AU$0.16 | x |
| 2024-06-30 | AU$0.16 | AU$0.16 | x |
| 2025-06-30 | AU$0.12 | AU$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solara Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-17.95%) is below the historical average (-12.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 6.46% | 41816666.67% | 0.00x | 1.59x | AU$-2.75 Million |
| 2022 | -0.93% | -1.02% | 0.47x | 1.92x | AU$-9.76 Million |
| 2023 | -41.05% | 0.00% | 0.00x | 1.08x | AU$-1.99 Million |
| 2024 | -10.92% | 0.00% | 0.00x | 1.01x | AU$-1.49 Million |
| 2025 | -17.95% | 0.00% | 0.00x | 1.03x | AU$-1.89 Million |
Industry Comparison
This section compares Solara Minerals Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $12,001,822
- Average return on equity (ROE) among peers: -38.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solara Minerals Ltd (SLA) | AU$6.78 Million | 6.46% | 0.03x | $3.57 Million |
| Alma Metals Ltd (ALM) | $22.61 Million | -41.39% | 0.30x | $10.63 Million |
| Austral Resources Australia Ltd (AR1) | $-18.68 Million | 0.00% | 0.00x | $13.15 Million |
| Castillo Copper Ltd (CCZ) | $457.54K | -115.76% | 0.00x | $9.90 Million |
| Culpeo Minerals Ltd (CPO) | $-438.42K | 0.00% | 0.00x | $1.98 Million |
| Copper Strike Ltd (CSE) | $24.10 Million | -0.75% | 0.37x | $4.95 Million |
| Caravel Minerals Ltd (CVV) | $8.61 Million | -86.54% | 0.10x | $86.94 Million |
| Hot Chili Ltd (HCH) | $70.74 Million | -6.17% | 0.06x | $110.94 Million |
| MAC Copper Ltd (MAC) | $4.06 Million | 0.00% | 64.61x | $943.30 Million |
| Noronex Ltd (NRX) | $3.31 Million | -98.56% | 0.04x | $2.26 Million |
| NT Minerals Ltd (NTM) | $5.24 Million | -31.31% | 0.06x | $1.13 Million |