GLOBE METALS
GLOBE METALS operates in Diversified Metals & Mining.
GLOBE METALS (G4U) - Net Assets
Latest net assets as of June 2023: €29.92 Million EUR
Based on the latest financial reports, GLOBE METALS (G4U) has net assets worth €29.92 Million EUR as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€30.89 Million) and total liabilities (€967.00K). 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 | €29.92 Million |
| % of Total Assets | 96.87% |
| Annual Growth Rate | -3.93% |
| 5-Year Change | -14.72% |
| 10-Year Change | N/A |
| Growth Volatility | 2.7 |
GLOBE METALS - Net Assets Trend (2016–2023)
This chart illustrates how GLOBE METALS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GLOBE METALS (2016–2023)
The table below shows the annual net assets of GLOBE METALS from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | €29.92 Million | +1.43% |
| 2022-06-30 | €29.50 Million | -8.61% |
| 2021-06-30 | €32.28 Million | -4.14% |
| 2020-06-30 | €33.67 Million | -4.03% |
| 2019-06-30 | €35.08 Million | -4.01% |
| 2018-06-30 | €36.55 Million | -3.70% |
| 2017-06-30 | €37.95 Million | -4.17% |
| 2016-06-30 | €39.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GLOBE METALS'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 1268800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €83.83 Million | 280.19% |
| Total Equity | €29.92 Million | 100.00% |
GLOBE METALS Competitors by Market Cap
The table below lists competitors of GLOBE METALS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Koba Resources Ltd
AU:KOB
|
$234.80 |
|
FAST FIN 24 HLDG INH O.N.
F:FF24
|
$235.27 |
|
Premier Insurance Ltd
KAR:PINL
|
$235.60 |
|
MANHATTAN RESOURCES
BE:M8D
|
$235.66 |
|
GRIID Infrastructure Inc. Warrant
NASDAQ:GRDIW
|
$234.53 |
|
Alpha Real Trust Ltd
LSE:ARTL
|
$233.87 |
|
CHINA STARCH HLDGS
BE:46C1
|
$233.38 |
|
COL Financial Group Inc
PSE:COL
|
$233.22 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GLOBE METALS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 29,496,000 to 29,919,000, a change of 423,000 (1.4%).
- Net loss of 2,663,000 reduced equity.
- Share repurchases of 77,000 reduced equity.
- New share issuances of 1,039,000 increased equity.
- Other factors increased equity by 2,124,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.66 Million | -8.9% |
| Share Repurchases | €77.00K | -0.26% |
| Share Issuances | €1.04 Million | +3.47% |
| Other Changes | €2.12 Million | +7.1% |
| Total Change | €- | 1.43% |
Book Value vs Market Value Analysis
This analysis compares GLOBE METALS'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: 0.42x
- 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 0.29x to 0.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.08 | €0.02 | x |
| 2018-06-30 | €0.08 | €0.02 | x |
| 2019-06-30 | €0.08 | €0.02 | x |
| 2020-06-30 | €0.07 | €0.02 | x |
| 2021-06-30 | €0.07 | €0.02 | x |
| 2022-06-30 | €0.06 | €0.02 | x |
| 2023-06-30 | €0.06 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GLOBE METALS 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): -8.90%
- 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: 1.03x
- Recent ROE (-8.90%) is below the historical average (-7.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -17.38% | -13766.00% | 0.00x | 1.03x | €-10.84 Million |
| 2017 | -4.35% | -82550.00% | 0.00x | 1.02x | €-5.45 Million |
| 2018 | -3.70% | 0.00% | 0.00x | 1.02x | €-5.01 Million |
| 2019 | -4.11% | 0.00% | 0.00x | 1.02x | €-4.95 Million |
| 2020 | -4.30% | 0.00% | 0.00x | 1.01x | €-4.82 Million |
| 2021 | -4.27% | 0.00% | 0.00x | 1.01x | €-4.61 Million |
| 2022 | -9.33% | 0.00% | 0.00x | 1.05x | €-5.70 Million |
| 2023 | -8.90% | 0.00% | 0.00x | 1.03x | €-5.65 Million |
Industry Comparison
This section compares GLOBE METALS's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GLOBE METALS (G4U) | €29.92 Million | -17.38% | 0.03x | $234.54 |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |