Somerset Minerals Ltd
Somerset Minerals Limited, together with its subsidiaries, explores and extracts mineral properties in Australia, Canada, and Ecuador. The company explores for copper, silver, zinc, lead, cadmium, gold, chalcocite, bornite, chalcopyrite, precious metal, and base metal deposits. Its flagship projects are the 100% owned Prescott copper and base metals project that consists of 52 licenses covering a… Read more
Somerset Minerals Ltd (SMM) - Net Assets
Latest net assets as of June 2025: AU$1.12 Million AUD
Based on the latest financial reports, Somerset Minerals Ltd (SMM) has net assets worth AU$1.12 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$7.04 Million) and total liabilities (AU$5.92 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$1.12 Million |
| % of Total Assets | 15.91% |
| Annual Growth Rate | -29.32% |
| 5-Year Change | -88.74% |
| 10-Year Change | -97.73% |
| Growth Volatility | 500.83 |
Somerset Minerals Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Somerset 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 Somerset Minerals Ltd (2014–2025)
The table below shows the annual net assets of Somerset Minerals Ltd from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.09 Million | +174.36% |
| 2024-06-30 | AU$-1.47 Million | -109.93% |
| 2023-06-30 | AU$14.83 Million | +0.76% |
| 2022-06-30 | AU$14.72 Million | +51.41% |
| 2021-06-30 | AU$9.72 Million | +55.49% |
| 2020-06-30 | AU$6.25 Million | +48.46% |
| 2019-06-30 | AU$4.21 Million | +1653.20% |
| 2018-06-30 | AU$240.25K | -99.50% |
| 2017-06-30 | AU$48.00 Million | -0.61% |
| 2016-06-30 | AU$48.30 Million | -2.56% |
| 2015-06-30 | AU$49.57 Million | -0.42% |
| 2014-06-30 | AU$49.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Somerset 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 1405341000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$34.36 Million | 3066.95% |
| Other Comprehensive Income | AU$2.31 Million | 206.09% |
| Total Equity | AU$1.12 Million | 100.00% |
Somerset Minerals Ltd Competitors by Market Cap
The table below lists competitors of Somerset Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cashlez Worldwide Indonesia Tbk
JK:CASH
|
$7.18 Million |
|
PT Koka Indonesia Tbk
JK:KOKA
|
$7.19 Million |
|
Erin Ventures Inc
PINK:ERVFF
|
$7.19 Million |
|
SCIUKER FRAMES SPA
F:3K4
|
$7.19 Million |
|
Bangkok Sheet Metal Public Company Limited
BK:BM
|
$7.18 Million |
|
Desarrollos Especiales de Sistemas de Anclaje, S.A.
MC:DESA
|
$7.18 Million |
|
Atlantis Subsea Indonesia Tbk Pt
JK:ATLA
|
$7.18 Million |
|
Sin Heng Chan (Malaya) Bhd
KLSE:4316
|
$7.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Somerset Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -1,472,220 to 1,120,395, a change of 2,592,615.
- Net loss of 1,928,164 reduced equity.
- Share repurchases of 2,385,000 reduced equity.
- Other comprehensive income increased equity by 2,309,031.
- Other factors increased equity by 4,596,748.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.93 Million | -172.1% |
| Share Repurchases | AU$2.38 Million | -212.87% |
| Other Comprehensive Income | AU$2.31 Million | +206.09% |
| Other Changes | AU$4.60 Million | +410.28% |
| Total Change | AU$- | % |
Book Value vs Market Value Analysis
This analysis compares Somerset 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: 4.36x
- 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 increased from 2.56x to 4.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | AU$0.01 | AU$0.02 | x |
| 2019-06-30 | AU$0.12 | AU$0.02 | x |
| 2020-06-30 | AU$0.14 | AU$0.02 | x |
| 2021-06-30 | AU$0.11 | AU$0.02 | x |
| 2022-06-30 | AU$0.11 | AU$0.02 | x |
| 2023-06-30 | AU$0.06 | AU$0.02 | x |
| 2024-06-30 | AU$-0.01 | AU$0.02 | x |
| 2025-06-30 | AU$0.00 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Somerset Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -172.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -945.18%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 6.29x
- Recent ROE (-172.10%) is below the historical average (-26.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -0.92% | -380.83% | 0.00x | 1.00x | AU$-5.43 Million |
| 2015 | -0.42% | -214.29% | 0.00x | 1.00x | AU$-5.17 Million |
| 2016 | -2.63% | -1985.94% | 0.00x | 1.00x | AU$-6.10 Million |
| 2017 | -0.61% | -474.19% | 0.00x | 1.00x | AU$-5.09 Million |
| 2018 | -0.51% | -2.63% | 0.01x | 15.17x | AU$-25.26K |
| 2019 | -20.25% | 0.00% | 0.00x | 1.05x | AU$-1.27 Million |
| 2020 | -42.47% | 0.00% | 0.00x | 1.52x | AU$-3.29 Million |
| 2021 | -31.81% | 0.00% | 0.00x | 1.37x | AU$-4.08 Million |
| 2022 | -12.43% | -426333.26% | 0.00x | 1.27x | AU$-3.31 Million |
| 2023 | -39.15% | -8488.92% | 0.00x | 1.59x | AU$-7.30 Million |
| 2024 | 0.00% | -62555.51% | 0.01x | 0.00x | AU$-19.85 Million |
| 2025 | -172.10% | -945.18% | 0.03x | 6.29x | AU$-2.04 Million |
Industry Comparison
This section compares Somerset Minerals 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 |
|---|---|---|---|---|
| Somerset Minerals Ltd (SMM) | AU$1.12 Million | -0.92% | 5.29x | $7.18 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 |