Star Minerals Ltd

AU:SMS Australia Gold
Market Cap
$8.41 Million
AU$13.58 Million AUD
Market Cap Rank
#39083 Global
#1473 in Australia
Share Price
AU$0.06
Change (1 day)
-1.61%
52-Week Range
AU$0.02 - AU$0.08
All Time High
AU$0.22
About

Star Minerals Limited, explores, develops, and evaluates gold, copper, and base metals properties in Australia. Its flagship project is the Tumblegum South Gold Project located south of Meekatharra in Western Australia. Star Minerals Limited was incorporated in 2021 and is based in Leederville, Australia.

Star Minerals Ltd (SMS) - Net Assets

Latest net assets as of June 2025: AU$7.47 Million AUD

Based on the latest financial reports, Star Minerals Ltd (SMS) has net assets worth AU$7.47 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$7.76 Million) and total liabilities (AU$291.54K). 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$7.47 Million
% of Total Assets 96.24%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility 12.81

Star Minerals Ltd - Net Assets Trend (2021–2025)

This chart illustrates how Star 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 Star Minerals Ltd (2021–2025)

The table below shows the annual net assets of Star Minerals Ltd from 2021 to 2025.

Year Net Assets Change
2025-06-30 AU$7.47 Million +15.70%
2024-06-30 AU$6.46 Million +4.22%
2023-06-30 AU$6.19 Million -15.33%
2022-06-30 AU$7.32 Million +54254.39%
2021-06-30 AU$-13.51K --

Equity Component Analysis

This analysis shows how different components contribute to Star 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 451574900.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$11.73 Million 157.08%
Other Comprehensive Income AU$267.35K 3.58%
Total Equity AU$7.47 Million 100.00%

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Star Minerals Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 6,456,062 to 7,469,941, a change of 1,013,879 (15.7%).
  • Net loss of 1,897,755 reduced equity.
  • Share repurchases of 2,460,590 reduced equity.
  • Other comprehensive income increased equity by 454,848.
  • Other factors increased equity by 4,917,376.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-1.90 Million -25.41%
Share Repurchases AU$2.46 Million -32.94%
Other Comprehensive Income AU$454.85K +6.09%
Other Changes AU$4.92 Million +65.83%
Total Change AU$- 15.70%

Book Value vs Market Value Analysis

This analysis compares Star 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: 0.98x
  • 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
2021-06-30 AU$-0.01 AU$0.06 x
2022-06-30 AU$0.18 AU$0.06 x
2023-06-30 AU$0.12 AU$0.06 x
2024-06-30 AU$0.09 AU$0.06 x
2025-06-30 AU$0.06 AU$0.06 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Star 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): -25.41%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -36376.37%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.04x
  • Recent ROE (-25.41%) is below the historical average (-13.70%), 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 0.00% 0.00% 0.00x 0.00x AU$-43.98K
2022 -10.88% 0.00% 0.00x 1.07x AU$-1.53 Million
2023 -18.94% -579.88% 0.03x 1.03x AU$-1.79 Million
2024 -13.28% 0.00% 0.00x 1.02x AU$-1.50 Million
2025 -25.41% -36376.37% 0.00x 1.04x AU$-2.64 Million

Industry Comparison

This section compares Star Minerals Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $23,959,302
  • Average return on equity (ROE) among peers: -1270.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Star Minerals Ltd (SMS) AU$7.47 Million 0.00% 0.04x $234.89K
Australasian Metals Ltd (A8G) $5.85 Million -16.53% 0.05x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $4.81K -12574.39% 0.18x $138.29 Million
Adelong Gold Ltd (ADG) $911.18K -70.31% 0.11x $6.07 Million
Ardiden Ltd (ADV) $5.54 Million -12.67% 0.11x $10.37 Million
Ark Mines Ltd (AHK) $-7.71 Million 0.00% 0.00x $8.35 Million
Aureka Ltd (AKA) $28.36 Million 9.46% 0.19x $6.23 Million
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million