Strickland Metals Ltd (STK) - Net Assets
Based on the latest financial reports, Strickland Metals Ltd (STK) has net assets worth AU$124.74 Million AUD (≈ $88.26 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$143.29 Million ≈ $101.38 Million USD) and total liabilities (AU$18.54 Million ≈ $13.12 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 STK financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$124.74 Million |
| % of Total Assets | 87.06% |
| Annual Growth Rate | 15.14% |
| 5-Year Change | 935.54% |
| 10-Year Change | 3369.03% |
| Growth Volatility | 55.98 |
Strickland Metals Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Strickland Metals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore STK total assets for the complete picture of this company's asset base.
Annual Net Assets for Strickland Metals Ltd (2005–2024)
The table below shows the annual net assets of Strickland Metals Ltd from 2005 to 2024. For live valuation and market cap data, see STK stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$124.74 Million ≈ $88.26 Million |
+56.66% |
| 2023-12-31 | AU$79.62 Million ≈ $56.34 Million |
+70.48% |
| 2022-12-31 | AU$46.71 Million ≈ $33.05 Million |
+26.14% |
| 2021-12-31 | AU$37.03 Million ≈ $26.20 Million |
+207.38% |
| 2020-12-31 | AU$12.05 Million ≈ $8.52 Million |
+67.35% |
| 2019-12-31 | AU$7.20 Million ≈ $5.09 Million |
+35.92% |
| 2018-12-31 | AU$5.30 Million ≈ $3.75 Million |
-17.75% |
| 2017-12-31 | AU$6.44 Million ≈ $4.56 Million |
+56.96% |
| 2016-12-31 | AU$4.10 Million ≈ $2.90 Million |
+14.09% |
| 2015-12-31 | AU$3.60 Million ≈ $2.54 Million |
+59.21% |
| 2014-12-31 | AU$2.26 Million ≈ $1.60 Million |
-52.19% |
| 2013-12-31 | AU$4.72 Million ≈ $3.34 Million |
+17.60% |
| 2012-12-31 | AU$4.02 Million ≈ $2.84 Million |
-4.13% |
| 2011-12-31 | AU$4.19 Million ≈ $2.96 Million |
+10.26% |
| 2010-12-31 | AU$3.80 Million ≈ $2.69 Million |
+4.69% |
| 2009-12-31 | AU$3.63 Million ≈ $2.57 Million |
+30.97% |
| 2008-12-31 | AU$2.77 Million ≈ $1.96 Million |
-15.15% |
| 2007-12-31 | AU$3.27 Million ≈ $2.31 Million |
-57.18% |
| 2006-12-31 | AU$7.63 Million ≈ $5.40 Million |
-10.91% |
| 2005-12-31 | AU$8.56 Million ≈ $6.06 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Strickland Metals 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 13636000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$119.27 Million | 95.62% |
| Other Comprehensive Income | AU$5.66 Million | 4.54% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$124.74 Million | 100.00% |
Strickland Metals Ltd Competitors by Market Cap
The table below lists competitors of Strickland Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gs Global
KO:001250
|
$260.80 Million |
|
Sygnia Ltd
JSE:SYG
|
$260.81 Million |
|
TQM CORPORATION
BK:TQM-R
|
$260.95 Million |
|
Perma-Pipe International Holdings Inc
NASDAQ:PPIH
|
$261.03 Million |
|
Compañía Industrial El Volcán S.A
SN:VOLCAN
|
$260.65 Million |
|
Vitania Ltd
TA:VTNA
|
$260.61 Million |
|
Cybin Inc. Common Stock
NYSE MKT:HELP
|
$260.45 Million |
|
Columbus Circle Capital Corp I Class A Ordinary Shares
NASDAQ:CCCM
|
$260.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strickland Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 79,624,350 to 124,740,968, a change of 45,116,618 (56.7%).
- Net income of 418,324 contributed positively to equity growth.
- Share repurchases of 5,510,000 reduced equity.
- Other comprehensive income increased equity by 2,883,832.
- Other factors increased equity by 47,324,462.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$418.32K | +0.34% |
| Share Repurchases | AU$5.51 Million | -4.42% |
| Other Comprehensive Income | AU$2.88 Million | +2.31% |
| Other Changes | AU$47.32 Million | +37.94% |
| Total Change | AU$- | 56.66% |
Book Value vs Market Value Analysis
This analysis compares Strickland Metals 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: 2.61x
- 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 0.06x to 2.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | AU$2.29 | AU$0.14 | x |
| 2006-12-31 | AU$0.85 | AU$0.14 | x |
| 2007-12-31 | AU$0.35 | AU$0.14 | x |
| 2008-12-31 | AU$0.29 | AU$0.14 | x |
| 2009-12-31 | AU$0.35 | AU$0.14 | x |
| 2010-12-31 | AU$0.23 | AU$0.14 | x |
| 2011-12-31 | AU$0.20 | AU$0.14 | x |
| 2012-12-31 | AU$0.16 | AU$0.14 | x |
| 2013-12-31 | AU$0.12 | AU$0.14 | x |
| 2014-12-31 | AU$0.05 | AU$0.14 | x |
| 2015-12-31 | AU$0.06 | AU$0.14 | x |
| 2016-12-31 | AU$0.05 | AU$0.14 | x |
| 2017-12-31 | AU$0.05 | AU$0.14 | x |
| 2018-12-31 | AU$0.03 | AU$0.14 | x |
| 2019-12-31 | AU$0.02 | AU$0.14 | x |
| 2020-12-31 | AU$0.02 | AU$0.14 | x |
| 2021-12-31 | AU$0.03 | AU$0.14 | x |
| 2022-12-31 | AU$0.03 | AU$0.14 | x |
| 2023-12-31 | AU$0.05 | AU$0.14 | x |
| 2024-12-31 | AU$0.05 | AU$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strickland Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.58%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.08x
- Recent ROE (0.34%) is above the historical average (-26.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -3.00% | 0.00% | 0.00x | 1.11x | AU$-1.09 Million |
| 2006 | -10.11% | 0.00% | 0.00x | 1.08x | AU$-1.53 Million |
| 2007 | -152.32% | 0.00% | 0.00x | 1.08x | AU$-5.30 Million |
| 2008 | -21.83% | 0.00% | 0.00x | 1.02x | AU$-882.30K |
| 2009 | -11.89% | 0.00% | 0.00x | 1.02x | AU$-794.71K |
| 2010 | -10.72% | 0.00% | 0.00x | 1.01x | AU$-787.32K |
| 2011 | -16.19% | 0.00% | 0.00x | 1.01x | AU$-1.10 Million |
| 2012 | -25.62% | 0.00% | 0.00x | 1.02x | AU$-1.43 Million |
| 2013 | -10.34% | 0.00% | 0.00x | 1.02x | AU$-961.02K |
| 2014 | -124.99% | 0.00% | 0.00x | 1.07x | AU$-3.05 Million |
| 2015 | -15.24% | -8865.24% | 0.00x | 1.03x | AU$-907.46K |
| 2016 | -17.90% | -5517.93% | 0.00x | 1.05x | AU$-1.14 Million |
| 2017 | -2.51% | -1447.42% | 0.00x | 1.06x | AU$-805.29K |
| 2018 | -34.66% | -26681.32% | 0.00x | 1.03x | AU$-2.37 Million |
| 2019 | -9.63% | -315008.18% | 0.00x | 1.06x | AU$-1.41 Million |
| 2020 | -32.07% | -38631420.00% | 0.00x | 1.04x | AU$-5.07 Million |
| 2021 | -11.32% | -1746.68% | 0.01x | 1.07x | AU$-7.89 Million |
| 2022 | -5.51% | -8575876.67% | 0.00x | 1.08x | AU$-7.24 Million |
| 2023 | -8.26% | -702.12% | 0.01x | 1.09x | AU$-14.54 Million |
| 2024 | 0.34% | 4.58% | 0.07x | 1.08x | AU$-12.06 Million |
Industry Comparison
This section compares Strickland Metals Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $63,021,134
- Average return on equity (ROE) among peers: -32.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Strickland Metals Ltd (STK) | AU$124.74 Million | -3.00% | 0.15x | $260.71 Million |
| 29METALS Ltd (29M) | $446.06 Million | 5.42% | 1.34x | $278.62 Million |
| Aic Mines Ltd (A1M) | $55.84 Million | -7.78% | 0.01x | $310.40 Million |
| Austral Gold Ltd (AGD) | $60.89 Million | 12.59% | 0.74x | $66.18 Million |
| Alvo Minerals Ltd (ALV) | $9.35 Million | -23.67% | 0.02x | $7.43 Million |
| Alicanto Minerals Ltd (AQI) | $4.56 Million | -20.66% | 0.09x | $128.46 Million |
| Argent Minerals Ltd (ARD) | $3.83 Million | -150.92% | 0.10x | $27.57 Million |
| Askari Metals Ltd (AS2) | $6.04 Million | -6.13% | 0.10x | $4.90 Million |
| Avira Resources Ltd (AVW) | $9.49 Million | 0.00% | 0.39x | $3.71 Million |
| Antipa Minerals Ltd (AZY) | $30.40 Million | -5.35% | 0.08x | $300.01 Million |
| Burgundy Diamond Mines Ltd (BDM) | $3.75 Million | -125.90% | 0.03x | $17.10 Million |
About Strickland Metals Ltd
Strickland Metals Limited engages in the exploration of mineral resources in Australia. The company primarily explores for gold, base metal, zinc, lead, silver, and copper deposits. The company owns 100% interest in Rogozna Project comprising four exploration licences covering an area of approximately 184 square kilometres located in the Ra"ka, Southern Republic of Serbia; and the Bryah Basin Pro… Read more