Tolu Minerals Ltd
Tolu Minerals Limited engages in the exploration and development of mineral properties in Papua New Guinea. The company primarily explores for gold, silver, and copper deposits. It holds interests in the Tolukuma Gold Mine project that covers an area of approximately 1,800 square kilometers located in the Goilala District of Central Province of Papua New Guinea; and the Mt. Penck exploration proj… Read more
Tolu Minerals Ltd (TOK) - Net Assets
Latest net assets as of June 2025: AU$64.29 Million AUD
Based on the latest financial reports, Tolu Minerals Ltd (TOK) has net assets worth AU$64.29 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$74.92 Million) and total liabilities (AU$10.63 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$64.29 Million |
| % of Total Assets | 85.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 95.82 |
Tolu Minerals Ltd - Net Assets Trend (2021–2024)
This chart illustrates how Tolu 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 Tolu Minerals Ltd (2021–2024)
The table below shows the annual net assets of Tolu Minerals Ltd from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$44.71 Million | +159.66% |
| 2023-12-31 | AU$17.22 Million | -31.98% |
| 2022-12-31 | AU$25.31 Million | +13466.85% |
| 2021-12-31 | AU$-189.38K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tolu 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 1538653800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$60.51 Million | 135.34% |
| Other Comprehensive Income | AU$398.16K | 0.89% |
| Total Equity | AU$44.71 Million | 100.00% |
Tolu Minerals Ltd Competitors by Market Cap
The table below lists competitors of Tolu Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NMPRY
PINK:NMPRY
|
$102.35 Million |
|
Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS
IS:GOLTS
|
$102.39 Million |
|
25K0
F:25K0
|
$102.39 Million |
|
GTC
F:G91
|
$102.39 Million |
|
COSMO FIRST LIMITED
NSE:COSMOFIRST
|
$102.33 Million |
|
Bhagiradha Chemicals & Industries Limited
NSE:BHAGCHEM
|
$102.33 Million |
|
IAC/InterActiveCorp
SA:I1AC34
|
$102.33 Million |
|
Top Union Electronics
TWO:6266
|
$102.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tolu Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,218,808 to 44,710,425, a change of 27,491,617 (159.7%).
- Net loss of 7,616,483 reduced equity.
- Share repurchases of 2,144,864 reduced equity.
- Other comprehensive income increased equity by 1,338,316.
- Other factors increased equity by 35,914,648.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-7.62 Million | -17.04% |
| Share Repurchases | AU$2.14 Million | -4.8% |
| Other Comprehensive Income | AU$1.34 Million | +2.99% |
| Other Changes | AU$35.91 Million | +80.33% |
| Total Change | AU$- | 159.66% |
Book Value vs Market Value Analysis
This analysis compares Tolu 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: 5.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | AU$0.00 | AU$1.36 | x |
| 2022-12-31 | AU$0.24 | AU$1.36 | x |
| 2023-12-31 | AU$0.15 | AU$1.36 | x |
| 2024-12-31 | AU$0.27 | AU$1.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tolu Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.22x
- Recent ROE (-17.04%) is below the historical average (-14.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-791.44K |
| 2022 | -11.31% | 0.00% | 0.00x | 1.24x | AU$-5.39 Million |
| 2023 | -28.50% | -4143.12% | 0.00x | 1.38x | AU$-6.63 Million |
| 2024 | -17.04% | 0.00% | 0.00x | 1.22x | AU$-12.09 Million |
Industry Comparison
This section compares Tolu Minerals 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: $113,835,527
- Average return on equity (ROE) among peers: -62.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tolu Minerals Ltd (TOK) | AU$64.29 Million | 0.00% | 0.17x | $102.35 Million |
| 29METALS Ltd (29M) | $769.54 Million | 15.73% | 0.71x | $171.73 Million |
| Aic Mines Ltd (A1M) | $8.72 Million | -78.07% | 0.14x | $147.29 Million |
| Australian Critical Minerals Ltd (ACM) | $-14.00K | 0.00% | 0.00x | $1.43 Million |
| Alvo Minerals Ltd (ALV) | $3.02 Million | -198.12% | 0.08x | $2.34 Million |
| Alicanto Minerals Ltd (AQI) | $4.78 Million | -147.27% | 0.13x | $43.93 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $2.21 Million |
| Altitude Minerals Ltd (ATT) | $4.14 Million | -122.29% | 0.15x | $2.59 Million |
| Avira Resources Ltd (AVW) | $7.03 Million | -32.56% | 0.54x | $1.27 Million |
| Antipa Minerals Ltd (AZY) | $98.25 Million | -5.44% | 0.06x | $209.72 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $10.17 Million |