Surefire Resources NL

AU:SRN Australia Other Industrial Metals & Mining
Market Cap
$4.99 Million
AU$8.05 Million AUD
Market Cap Rank
#33245 Global
#1139 in Australia
Share Price
AU$0.00
Change (1 day)
+0.00%
52-Week Range
AU$0.00 - AU$0.00
All Time High
AU$0.05
Categories
Companies in Australia Other Industrial Metals & Mining
About

Surefire Resources NL, together with its subsidiaries, explores for and reviews mineral tenement holdings in Western Australia. The company explores for critical mineral, gold, titanium, aluminium, copper, lead, silver, vanadium, iron ore, nickel, and platinum group element deposits. Its flagship project is the Victory Bore vanadium-titanium-iron project, which consists of the Victory Bore and Un… Read more

Surefire Resources NL (SRN) - Net Assets

Latest net assets as of June 2025: AU$3.14 Million AUD

Based on the latest financial reports, Surefire Resources NL (SRN) has net assets worth AU$3.14 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$13.17 Million) and total liabilities (AU$10.04 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$3.14 Million
% of Total Assets 23.81%
Annual Growth Rate -0.78%
5-Year Change 7.83%
10-Year Change N/A
Growth Volatility 88.02

Surefire Resources NL - Net Assets Trend (1999–2025)

This chart illustrates how Surefire Resources NL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Surefire Resources NL (1999–2025)

The table below shows the annual net assets of Surefire Resources NL from 1999 to 2025.

Year Net Assets Change
2025-06-30 AU$3.14 Million +45.85%
2024-06-30 AU$2.15 Million +40.64%
2023-06-30 AU$1.53 Million -67.38%
2022-06-30 AU$4.69 Million +61.15%
2021-06-30 AU$2.91 Million +614.26%
2020-06-30 AU$-565.75K -6.00%
2019-06-30 AU$-533.74K -145.00%
2018-06-30 AU$1.19 Million +258.79%
2017-06-30 AU$-746.94K -72.00%
2016-06-30 AU$-434.27K +72.24%
2015-06-30 AU$-1.56 Million -329.03%
2014-06-30 AU$-364.59K -360.39%
2013-06-30 AU$-79.19K -109.31%
2012-06-30 AU$850.76K -58.94%
2011-06-30 AU$2.07 Million +189.15%
2010-06-30 AU$716.67K +117.04%
2009-06-30 AU$330.20K -70.38%
2008-06-30 AU$1.11 Million -28.28%
2007-06-30 AU$1.55 Million -28.77%
2006-06-30 AU$2.18 Million +104.24%
2005-06-30 AU$1.07 Million -8.65%
2004-06-30 AU$1.17 Million -22.36%
2003-06-30 AU$1.51 Million -60.41%
2002-06-30 AU$3.81 Million -37.70%
2001-06-30 AU$6.11 Million -38.29%
2000-06-30 AU$9.90 Million +157.41%
1999-06-30 AU$3.85 Million --

Equity Component Analysis

This analysis shows how different components contribute to Surefire Resources NL'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 4136712900.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$44.77 Million 1427.14%
Other Comprehensive Income AU$209.00K 6.66%
Total Equity AU$3.14 Million 100.00%

Surefire Resources NL Competitors by Market Cap

The table below lists competitors of Surefire Resources NL ranked by their market capitalization.

Company Market Cap
Brite Tech Bhd
KLSE:0011
 		$2.81 Million
Asiaplast Industries Tbk
JK:APLI
 		$2.81 Million
Affimed NV
NASDAQ:AFMD
 		$2.81 Million
Reliv International Inc
PINK:RELV
 		$2.81 Million
Pipe Works L. Girakian Profil S.A.
AT:PROFK
 		$2.80 Million
Games Operators SA
WAR:GOP
 		$2.80 Million
Quest Water Global Inc
PINK:QWTR
 		$2.80 Million
GUNGNIR RES INC.
F:AMO1
 		$2.80 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Surefire Resources NL's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,151,012 to 3,137,205, a change of 986,193 (45.8%).
  • Net loss of 694,288 reduced equity.
  • Other factors increased equity by 1,680,481.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-694.29K -22.13%
Other Changes AU$1.68 Million +53.57%
Total Change AU$- 45.85%

Book Value vs Market Value Analysis

This analysis compares Surefire Resources NL'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: 1.43x
  • 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 0.00x to 1.43x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-06-30 AU$3.53 AU$0.00 x
2000-06-30 AU$2.66 AU$0.00 x
2001-06-30 AU$1.55 AU$0.00 x
2002-06-30 AU$0.54 AU$0.00 x
2003-06-30 AU$0.31 AU$0.00 x
2004-06-30 AU$0.24 AU$0.00 x
2005-06-30 AU$0.20 AU$0.00 x
2006-06-30 AU$0.28 AU$0.00 x
2007-06-30 AU$0.14 AU$0.00 x
2008-06-30 AU$0.09 AU$0.00 x
2009-06-30 AU$0.02 AU$0.00 x
2010-06-30 AU$0.03 AU$0.00 x
2011-06-30 AU$0.06 AU$0.00 x
2012-06-30 AU$0.02 AU$0.00 x
2013-06-30 AU$0.00 AU$0.00 x
2014-06-30 AU$-0.01 AU$0.00 x
2015-06-30 AU$-0.03 AU$0.00 x
2016-06-30 AU$0.00 AU$0.00 x
2017-06-30 AU$0.00 AU$0.00 x
2018-06-30 AU$0.01 AU$0.00 x
2019-06-30 AU$0.00 AU$0.00 x
2020-06-30 AU$0.00 AU$0.00 x
2021-06-30 AU$0.00 AU$0.00 x
2022-06-30 AU$0.00 AU$0.00 x
2023-06-30 AU$0.00 AU$0.00 x
2024-06-30 AU$0.00 AU$0.00 x
2025-06-30 AU$0.00 AU$0.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Surefire Resources NL 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): -22.13%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -158.04%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 4.20x
  • Recent ROE (-22.13%) is above the historical average (-58.89%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 -12.41% 0.00% 0.00x 1.02x AU$-861.51K
2000 -15.57% 0.00% 0.00x 1.02x AU$-2.50 Million
2001 5.91% 154.58% 0.04x 1.09x AU$-256.74K
2002 19.57% 12.23% 0.54x 2.98x AU$229.71K
2003 8.16% 7.67% 0.90x 1.18x AU$-28.07K
2004 -28.28% 0.00% 0.00x 1.12x AU$-455.99K
2005 -35.43% -146.84% 0.22x 1.11x AU$-495.19K
2006 -52.47% -3470.00% 0.01x 1.05x AU$-1.36 Million
2007 -75.13% 0.00% 0.00x 1.14x AU$-1.32 Million
2008 -108.08% 0.00% 0.00x 1.24x AU$-1.32 Million
2009 -307.32% -16537.81% 0.01x 1.29x AU$-1.05 Million
2010 -133.86% -7694.95% 0.02x 1.08x AU$-1.03 Million
2011 -56.26% -9995.58% 0.01x 1.07x AU$-1.37 Million
2012 -132.23% -727.35% 0.16x 1.13x AU$-1.21 Million
2013 0.00% -881.34% 0.05x 0.00x AU$-923.35K
2014 0.00% -1240873.91% 0.00x 0.00x AU$-248.94K
2015 0.00% 0.00% 0.00x 0.00x AU$-1.14 Million
2016 0.00% -67656.80% 0.00x 0.00x AU$-409.20K
2017 0.00% -3402.75% 0.10x 0.00x AU$-1.40 Million
2018 -103.85% -3079472.50% 0.00x 1.60x AU$-1.35 Million
2019 0.00% 0.00% 0.00x 0.00x AU$-2.42 Million
2020 0.00% -416213.86% 0.00x 0.00x AU$-1.05 Million
2021 -111.33% -1213109.74% 0.00x 1.24x AU$-3.53 Million
2022 -52.48% -354566.43% 0.00x 1.12x AU$-2.93 Million
2023 -234.06% -2431.43% 0.03x 3.62x AU$-3.73 Million
2024 -142.66% -469.58% 0.05x 6.73x AU$-3.28 Million
2025 -22.13% -158.04% 0.03x 4.20x AU$-1.01 Million

Industry Comparison

This section compares Surefire Resources NL'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
Surefire Resources NL (SRN) AU$3.14 Million -12.41% 3.20x $2.81 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