Victory Metals Ltd Net Assets

Latest as of December 2025: AU$26.06 Million AUD ≈ $18.44 Million USD

Victory Metals Ltd net assets. Based on the latest financial reports, Victory Metals Ltd (VTM) has net assets worth AU$26.06 Million AUD (≈ $18.44 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$26.87 Million ≈ $19.01 Million USD) and total liabilities (AU$814.95K ≈ $576.63K 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. Also explore net asset growth rate of Victory Metals Ltd to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$26.06 Million
% of Total Assets	96.97%
Annual Growth Rate	-9.63%
5-Year Change	N/A
10-Year Change	-78.53%
Growth Volatility	111.06

Net Assets of Victory Metals Ltd (2012–2024)

Net assets of Victory Metals Ltd from 2012 to 2024. This chart illustrates how Victory Metals Ltd's net assets have evolved over time, based on quarterly financial data. See Victory Metals Ltd (VTM) net asset quality to measure how much of total assets are equity-financed.

Annual Net Assets for Victory Metals Ltd (2012–2024)

The table below shows the annual net assets of Victory Metals Ltd from 2012 to 2024. For live market cap and overall valuation, see VTM stock market capitalisation.

Year	Net Assets	Change
2024-12-31	AU$16.12 Million ≈ $11.41 Million	+53.76%
2023-12-31	AU$10.49 Million ≈ $7.42 Million	+26.76%
2022-12-31	AU$8.27 Million ≈ $5.85 Million	+142.65%
2021-12-31	AU$3.41 Million ≈ $2.41 Million	+1196.10%
2020-12-31	AU$-311.01K ≈ $-220.06K	-570.41%
2019-12-31	AU$-46.39K ≈ $-32.82K	-263.45%
2018-12-31	AU$28.38K ≈ $20.08K	-76.87%
2017-12-31	AU$122.72K ≈ $86.83K	+100.62%
2016-12-31	AU$-19.84 Million ≈ $-14.04 Million	-126.42%
2015-12-31	AU$75.08 Million ≈ $53.13 Million	+0.62%
2014-12-31	AU$74.62 Million ≈ $52.80 Million	+15.62%
2013-12-31	AU$64.54 Million ≈ $45.67 Million	+18.73%
2012-12-31	AU$54.36 Million ≈ $38.46 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Victory 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 decreased by 147.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Victory Metals Ltd Net Assets Breakdown (December 2024)

Victory Metals Ltd net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Common Stock	AU$26.88 Million	166.71%
Other Comprehensive Income	AU$185.87K	1.15%
Total Equity	AU$16.12 Million	100.00%

Victory Metals Ltd Competitors by Market Cap

The table below lists competitors of Victory Metals Ltd ranked by their market capitalization.

Company	Market Cap
Przedsiebiorstwo Przemyslu Spozywczego PEPEES S.A. WAR:PPS	$17.51 Million
Paragon Banking Group PLC LSE:PAG	$17.51 Million
PermRock Royalty Trust NYSE:PRT	$17.52 Million
Masterkool International Public Company Limited BK:KOOL	$17.53 Million
Environmental Group Ltd (the) AU:EGL	$17.50 Million
KONG SUN (BL25000) F:KOJ5	$17.50 Million
NORTHERN FREEGOLD F:8N6	$17.49 Million
Australian Vintage Ltd AU:AVG	$17.48 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 10,485,700 to 16,122,710, a change of 5,637,010 (53.8%).
Net loss of 3,700,431 reduced equity.
Share repurchases of 7,723,190 reduced equity.
Other comprehensive income decreased equity by 1,111,040.
Other factors increased equity by 18,171,671.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-3.70 Million	-22.95%
Share Repurchases	AU$7.72 Million	-47.9%
Other Comprehensive Income	AU$-1.11 Million	-6.89%
Other Changes	AU$18.17 Million	+112.71%
Total Change	AU$-	53.76%

Book Value vs Market Value Analysis

This analysis compares Victory 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: 8.10x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 0.09x to 8.10x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	AU$14.25	AU$1.25	x
2013-12-31	AU$10.88	AU$1.25	x
2014-12-31	AU$12.24	AU$1.25	x
2015-12-31	AU$12.44	AU$1.25	x
2016-12-31	AU$-3.33	AU$1.25	x
2017-12-31	AU$0.01	AU$1.25	x
2018-12-31	AU$0.00	AU$1.25	x
2019-12-31	AU$0.00	AU$1.25	x
2020-12-31	AU$-0.01	AU$1.25	x
2021-12-31	AU$0.08	AU$1.25	x
2022-12-31	AU$0.14	AU$1.25	x
2023-12-31	AU$0.13	AU$1.25	x
2024-12-31	AU$0.15	AU$1.25	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Victory 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): -22.95%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2635.95%
• Asset Turnover: 0.01x
• Equity Multiplier: 1.08x
Recent ROE (-22.95%) is below the historical average (1171.71%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	19.16%	20.84%	0.55x	1.68x	AU$4.96 Million
2013	2.15%	1.52%	0.68x	2.06x	AU$-5.04 Million
2014	10.84%	7.46%	0.68x	2.15x	AU$623.30K
2015	-0.33%	-0.33%	0.45x	2.29x	AU$-7.66 Million
2016	0.00%	0.00%	0.00x	0.00x	AU$-75.64 Million
2017	15705.70%	0.00%	0.00x	1.53x	AU$19.26 Million
2018	-332.38%	0.00%	0.00x	2.66x	AU$-97.18K
2019	0.00%	0.00%	0.00x	0.00x	AU$-70.13K
2020	0.00%	0.00%	0.00x	0.00x	AU$-240.88K
2021	-116.49%	0.00%	0.00x	1.26x	AU$-4.31 Million
2022	-15.24%	-6321.45%	0.00x	1.06x	AU$-2.09 Million
2023	-18.21%	-3348.65%	0.01x	1.05x	AU$-2.96 Million
2024	-22.95%	-2635.95%	0.01x	1.08x	AU$-5.31 Million

Industry Comparison

This section compares Victory Metals Ltd's net assets metrics with peer companies in the same industry.

Industry Context

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Victory Metals Ltd (VTM)	AU$26.06 Million	19.16%	0.03x	$17.50 Million
Ordinary Fully Paid Deferred Settlement (88EDA)	$155.69 Million	-9.27%	0.01x	$18.83 Million
Ordinary Fully Paid Deferred Settlement (BCNDA)	$58.71 Million	25.26%	0.37x	$15.21K
Cosmos Exploration Ltd (C1X)	$8.83 Million	-26.52%	0.02x	$17.12 Million
DTI Group Ltd (DTI)	$4.79 Million	-35.29%	1.31x	$6.97 Million
Hillgrove Resources Ltd (HGO)	$3.41 Million	-0.03%	1.07x	$193.67 Million
PATRYS Ltd (PAB)	$4.88 Million	-56.35%	0.10x	$5.55 Million
Perpetual Credit Income Trust (PCI)	$425.19 Million	0.15%	0.02x	$306.41 Million
Regal Investment Fund (RF1)	$590.67 Million	9.47%	1.11x	$428.11 Million
Rivco Australia Ltd (RIV)	$209.88 Million	10.44%	0.12x	$8.09K
Touch Ventures Ltd (TVL)	$913.39K	-1534.73%	0.09x	$29.28 Million

About Victory Metals Ltd

AU:VTM Australia

Market Cap

$71.71 Million

AU$101.34 Million AUD

Market Cap Rank

#25374 Global

#1067 in Australia

Share Price

AU$1.25

Change (1 day)

+0.40%

52-Week Range

AU$1.07 - AU$1.88

All Time High

AU$1.88