Tombador Iron Ltd
Tombador Iron Limited engages in the exploration of mineral properties. The company was formerly known as Resa Group Limited and changed its name to Tombador Iron Limited in 2020. Tombador Iron Limited was incorporated in 2004 and is based in West Perth, Australia.
Tombador Iron Ltd (TI1) - Net Assets
Latest net assets as of December 2024: AU$12.43 Million AUD
Based on the latest financial reports, Tombador Iron Ltd (TI1) has net assets worth AU$12.43 Million AUD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$13.18 Million) and total liabilities (AU$750.93K). 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$12.43 Million |
| % of Total Assets | 94.3% |
| Annual Growth Rate | 5.02% |
| 5-Year Change | -56.79% |
| 10-Year Change | 241.6% |
| Growth Volatility | 109.43 |
Tombador Iron Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Tombador Iron 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 Tombador Iron Ltd (2003–2024)
The table below shows the annual net assets of Tombador Iron Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$12.43 Million | -5.72% |
| 2023-12-31 | AU$13.18 Million | -63.67% |
| 2022-12-31 | AU$36.27 Million | +3.51% |
| 2021-12-31 | AU$35.04 Million | +21.87% |
| 2020-12-31 | AU$28.75 Million | +9311.92% |
| 2019-12-31 | AU$-312.14K | +84.56% |
| 2018-12-31 | AU$-2.02 Million | -247.44% |
| 2017-12-31 | AU$1.37 Million | -4.29% |
| 2016-12-31 | AU$1.43 Million | -60.61% |
| 2015-12-31 | AU$3.64 Million | -33.60% |
| 2014-12-31 | AU$5.48 Million | +190.64% |
| 2013-12-31 | AU$1.88 Million | +91.62% |
| 2012-12-31 | AU$983.59K | +103.00% |
| 2011-12-31 | AU$-32.77 Million | -2.06% |
| 2010-12-31 | AU$-32.11 Million | -1155.29% |
| 2009-12-31 | AU$-2.56 Million | -107.24% |
| 2008-12-31 | AU$35.32 Million | +68.07% |
| 2007-12-31 | AU$21.01 Million | +190.17% |
| 2006-12-31 | AU$7.24 Million | +1604.45% |
| 2005-12-31 | AU$-481.35K | -110.70% |
| 2004-12-31 | AU$4.50 Million | +1.30% |
| 2003-12-31 | AU$4.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tombador Iron 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 2443082000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$36.47 Million | 293.53% |
| Other Components | AU$384.19K | 3.09% |
| Total Equity | AU$12.43 Million | 100.00% |
Tombador Iron Ltd Competitors by Market Cap
The table below lists competitors of Tombador Iron Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UZIN UTZ - Dusseldorf Stock Exchang
DU:UZU
|
$733.21K |
|
J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company
AT:MIN
|
$733.82K |
|
Hana Financial Group Inc.
KQ:086790
|
$734.37K |
|
MSC INDL DIRECT-A
BE:98M
|
$734.57K |
|
EuroSite Power Inc
PINK:EUSP
|
$733.07K |
|
COGNIZANT TECH SO-A
BE:COZ
|
$733.01K |
|
Altech Advanced Materials AG
XETRA:AMA
|
$732.94K |
|
Acutus Medical Inc
NASDAQ:AFIB
|
$732.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tombador Iron Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,178,620 to 12,425,330, a change of -753,290 (-5.7%).
- Net loss of 1,185,540 reduced equity.
- Other factors increased equity by 432,250.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.19 Million | -9.54% |
| Other Changes | AU$432.25K | +3.48% |
| Total Change | AU$- | -5.72% |
Book Value vs Market Value Analysis
This analysis compares Tombador Iron 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: 2.92x
- 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 2.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | AU$323.08 | AU$0.42 | x |
| 2005-12-31 | AU$-27.76 | AU$0.42 | x |
| 2006-12-31 | AU$164.18 | AU$0.42 | x |
| 2007-12-31 | AU$308.79 | AU$0.42 | x |
| 2008-12-31 | AU$480.38 | AU$0.42 | x |
| 2009-12-31 | AU$-19.47 | AU$0.42 | x |
| 2010-12-31 | AU$-219.47 | AU$0.42 | x |
| 2011-12-31 | AU$-220.29 | AU$0.42 | x |
| 2012-12-31 | AU$0.39 | AU$0.42 | x |
| 2013-12-31 | AU$0.51 | AU$0.42 | x |
| 2014-12-31 | AU$1.09 | AU$0.42 | x |
| 2015-12-31 | AU$0.48 | AU$0.42 | x |
| 2016-12-31 | AU$0.15 | AU$0.42 | x |
| 2017-12-31 | AU$0.08 | AU$0.42 | x |
| 2018-12-31 | AU$-0.10 | AU$0.42 | x |
| 2019-12-31 | AU$-0.01 | AU$0.42 | x |
| 2020-12-31 | AU$0.02 | AU$0.42 | x |
| 2021-12-31 | AU$0.02 | AU$0.42 | x |
| 2022-12-31 | AU$0.02 | AU$0.42 | x |
| 2023-12-31 | AU$0.15 | AU$0.42 | x |
| 2024-12-31 | AU$0.14 | AU$0.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tombador Iron Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -91.64%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.06x
- Recent ROE (-9.54%) is below the historical average (127.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 2.98% | 2.07% | 1.05x | 1.37x | AU$-315.83K |
| 2005 | 0.00% | -27.60% | 3.52x | 0.00x | AU$-2.47 Million |
| 2006 | 27.44% | 16.80% | 0.90x | 1.81x | AU$1.26 Million |
| 2007 | 27.15% | 14.28% | 0.84x | 2.27x | AU$3.60 Million |
| 2008 | 8.34% | 5.46% | 0.78x | 1.97x | AU$-587.30K |
| 2009 | 0.00% | -60.93% | 1.44x | 0.00x | AU$-34.94 Million |
| 2010 | 0.00% | -686.78% | 4.30x | 0.00x | AU$-26.58 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | AU$2.62 Million |
| 2012 | 3222.63% | 0.00% | 0.00x | 1.16x | AU$31.60 Million |
| 2013 | -55.17% | -276.74% | 0.18x | 1.13x | AU$-1.23 Million |
| 2014 | -1.98% | -99.46% | 0.02x | 1.05x | AU$-656.36K |
| 2015 | -63.45% | -67.77% | 0.75x | 1.26x | AU$-2.66 Million |
| 2016 | -216.50% | -85.22% | 0.68x | 3.76x | AU$-3.25 Million |
| 2017 | -127.09% | -32.34% | 1.20x | 3.27x | AU$-1.88 Million |
| 2018 | 0.00% | -205.90% | 0.81x | 0.00x | AU$-4.83 Million |
| 2019 | 0.00% | -631906.15% | 0.00x | 0.00x | AU$-790.26K |
| 2020 | -30.00% | -20749.03% | 0.00x | 1.54x | AU$-11.50 Million |
| 2021 | 9.97% | 10.73% | 0.59x | 1.58x | AU$-10.20K |
| 2022 | 39.07% | 27.60% | 0.99x | 1.43x | AU$10.54 Million |
| 2023 | -155.16% | -12270.75% | 0.01x | 1.09x | AU$-21.77 Million |
| 2024 | -9.54% | -91.64% | 0.10x | 1.06x | AU$-2.43 Million |
Industry Comparison
This section compares Tombador Iron Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $40,434,098
- Average return on equity (ROE) among peers: -18.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tombador Iron Ltd (TI1) | AU$12.43 Million | 2.98% | 0.06x | $733.07K |
| BCI Minerals Ltd (BCI) | $5.03 Million | -14.90% | 0.04x | $342.29 Million |
| Bisalloy Steel Group Ltd (BIS) | $58.08 Million | -7.09% | 2.55x | $82.82 Million |
| Equinox Resources Ltd (EQN) | $15.42 Million | -7.94% | 0.03x | $3.12 Million |
| Equatorial Resources Ltd (EQX) | $70.15 Million | -9.19% | 0.03x | $8.75 Million |
| FENIX Resources Ltd (FEX) | $4.02 Million | -19.24% | 0.13x | $92.21 Million |
| Grange Resources Ltd (GRR) | $3.96 Million | 1.34% | 0.02x | $68.42 Million |
| GWR Group Ltd (GWR) | $31.69 Million | -14.29% | 0.02x | $20.10 Million |
| Macro Metals Ltd (M4M) | $6.30 Million | -109.34% | 0.21x | $9.50 Million |
| Pearl Gull Iron Ltd (PLG) | $-1.88 Million | 0.00% | 0.00x | $2.39 Million |
| Sims Ltd (SGM) | $211.56 Million | 0.21% | 0.96x | $1.85 Billion |