Woomera Mining Ltd
Woomera Mining Limited, together with its subsidiaries, operates as an exploration company in Australia and Mongolia. It explores for copper, lithium, gold, iron, nickel, cobalt, and platinum group element deposits. The company was incorporated in 1996 and is based in Adelaide, Australia.
Woomera Mining Ltd (WML) - Net Assets
Latest net assets as of June 2024: AU$7.42 Million AUD
Based on the latest financial reports, Woomera Mining Ltd (WML) has net assets worth AU$7.42 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$7.66 Million) and total liabilities (AU$239.75K). 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$7.42 Million |
| % of Total Assets | 96.87% |
| Annual Growth Rate | 0.62% |
| 5-Year Change | 74.95% |
| 10-Year Change | N/A |
| Growth Volatility | 44.82 |
Woomera Mining Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Woomera Mining 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 Woomera Mining Ltd (2006–2024)
The table below shows the annual net assets of Woomera Mining Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$7.42 Million | -18.55% |
| 2023-06-30 | AU$9.11 Million | -4.76% |
| 2022-06-30 | AU$9.57 Million | +30.12% |
| 2021-06-30 | AU$7.35 Million | +73.32% |
| 2020-06-30 | AU$4.24 Million | +17.54% |
| 2019-06-30 | AU$3.61 Million | -17.75% |
| 2018-06-30 | AU$4.39 Million | +210.88% |
| 2017-06-30 | AU$-3.96 Million | 0.00% |
| 2016-06-30 | AU$-3.96 Million | -10.87% |
| 2015-06-30 | AU$-3.57 Million | -580.90% |
| 2014-06-30 | AU$-524.42K | -108.07% |
| 2013-06-30 | AU$6.50 Million | -8.71% |
| 2012-06-30 | AU$7.12 Million | -38.44% |
| 2011-06-30 | AU$11.56 Million | +55.15% |
| 2010-06-30 | AU$7.45 Million | -32.93% |
| 2009-06-30 | AU$11.11 Million | +48.98% |
| 2008-06-30 | AU$7.46 Million | -13.74% |
| 2007-06-30 | AU$8.65 Million | +30.18% |
| 2006-06-30 | AU$6.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Woomera Mining 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 1617026100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$23.12 Million | 311.42% |
| Other Comprehensive Income | AU$488.68K | 6.58% |
| Total Equity | AU$7.42 Million | 100.00% |
Woomera Mining Ltd Competitors by Market Cap
The table below lists competitors of Woomera Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEXT (NXG.SG)
STU:NXG
|
$1.47 Million |
|
Merafe
JSE:MRF
|
$1.47 Million |
|
Kim Hin Joo
KLSE:0210
|
$1.47 Million |
|
Athena Resources Ltd
AU:AHN
|
$1.48 Million |
|
Tivic Health Systems Inc
NASDAQ:TIVC
|
$1.47 Million |
|
3M Co.
LSE:0QNY
|
$1.47 Million |
|
5AP
STU:5AP
|
$1.47 Million |
|
IPSEN (I7G.SG)
STU:I7G
|
$1.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Woomera Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,114,350 to 7,423,873, a change of -1,690,477 (-18.5%).
- Net loss of 4,147,884 reduced equity.
- Share repurchases of 156,355 reduced equity.
- New share issuances of 2,357,500 increased equity.
- Other comprehensive income decreased equity by 139,510.
- Other factors increased equity by 395,772.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-4.15 Million | -55.87% |
| Share Repurchases | AU$156.35K | -2.11% |
| Share Issuances | AU$2.36 Million | +31.76% |
| Other Comprehensive Income | AU$-139.51K | -1.88% |
| Other Changes | AU$395.77K | +5.33% |
| Total Change | AU$- | -18.55% |
Book Value vs Market Value Analysis
This analysis compares Woomera Mining 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: 0.30x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.00x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$227.55 | AU$0.00 | x |
| 2006-06-30 | AU$292.35 | AU$0.00 | x |
| 2007-06-30 | AU$265.29 | AU$0.00 | x |
| 2008-06-30 | AU$183.90 | AU$0.00 | x |
| 2009-06-30 | AU$103.68 | AU$0.00 | x |
| 2010-06-30 | AU$47.92 | AU$0.00 | x |
| 2011-06-30 | AU$35.98 | AU$0.00 | x |
| 2012-06-30 | AU$17.31 | AU$0.00 | x |
| 2013-06-30 | AU$7.21 | AU$0.00 | x |
| 2014-06-30 | AU$-0.30 | AU$0.00 | x |
| 2015-06-30 | AU$-0.42 | AU$0.00 | x |
| 2016-06-30 | AU$-0.46 | AU$0.00 | x |
| 2017-06-30 | AU$-0.46 | AU$0.00 | x |
| 2018-06-30 | AU$0.04 | AU$0.00 | x |
| 2019-06-30 | AU$0.02 | AU$0.00 | x |
| 2020-06-30 | AU$0.02 | AU$0.00 | x |
| 2021-06-30 | AU$0.02 | AU$0.00 | x |
| 2022-06-30 | AU$0.02 | AU$0.00 | x |
| 2023-06-30 | AU$0.01 | AU$0.00 | x |
| 2024-06-30 | AU$0.01 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Woomera Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -55.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5802.62%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.03x
- Recent ROE (-55.87%) is below the historical average (-46.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -13.87% | -39105.98% | 0.00x | 1.02x | AU$-1.59 Million |
| 2007 | -36.90% | -6381.68% | 0.01x | 1.02x | AU$-4.06 Million |
| 2008 | -81.80% | 0.00% | 0.00x | 1.11x | AU$-6.85 Million |
| 2009 | -175.45% | 0.00% | 0.00x | 1.14x | AU$-20.61 Million |
| 2010 | -88.50% | 0.00% | 0.00x | 1.17x | AU$-7.34 Million |
| 2011 | -59.28% | 0.00% | 0.00x | 1.10x | AU$-8.01 Million |
| 2012 | -65.35% | 0.00% | 0.00x | 1.17x | AU$-5.36 Million |
| 2013 | -88.15% | 0.00% | 0.00x | 1.17x | AU$-6.38 Million |
| 2014 | 0.00% | -55520.58% | 0.02x | 0.00x | AU$-9.49 Million |
| 2015 | 0.00% | -10996.38% | 0.28x | 0.00x | AU$-4.69 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | AU$7.77K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | AU$301.66K |
| 2018 | -98.68% | 0.00% | 0.00x | 1.04x | AU$-4.77 Million |
| 2019 | -21.62% | -868.36% | 0.02x | 1.03x | AU$-1.14 Million |
| 2020 | -21.49% | -37838.51% | 0.00x | 1.10x | AU$-1.34 Million |
| 2021 | -19.07% | -116883.17% | 0.00x | 1.11x | AU$-2.14 Million |
| 2022 | -14.59% | -47419.77% | 0.00x | 1.03x | AU$-2.35 Million |
| 2023 | -41.16% | -559070.49% | 0.00x | 1.03x | AU$-4.66 Million |
| 2024 | -55.87% | -5802.62% | 0.01x | 1.03x | AU$-4.89 Million |
Industry Comparison
This section compares Woomera Mining Ltd'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 |
|---|---|---|---|---|
| Woomera Mining Ltd (WML) | AU$7.42 Million | -13.87% | 0.03x | $1.47 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 |