PODIUM MINERALS (55D) - Net Assets
Based on the latest financial reports, PODIUM MINERALS (55D) has net assets worth €21.90 Million EUR (≈ $25.60 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€22.41 Million ≈ $26.20 Million USD) and total liabilities (€515.41K ≈ $602.57K 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 PODIUM MINERALS assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €21.90 Million |
| % of Total Assets | 97.7% |
| Annual Growth Rate | 19.25% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.89 |
PODIUM MINERALS - Net Assets Trend (2021–2024)
This chart illustrates how PODIUM MINERALS's net assets have evolved over time, based on quarterly financial data. Check 55D tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for PODIUM MINERALS (2021–2024)
The table below shows the annual net assets of PODIUM MINERALS from 2021 to 2024. For live valuation and market cap data, see PODIUM MINERALS stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €21.90 Million ≈ $25.60 Million |
+0.51% |
| 2023-06-30 | €21.78 Million ≈ $25.47 Million |
+31.05% |
| 2022-06-30 | €16.62 Million ≈ $19.43 Million |
+28.75% |
| 2021-06-30 | €12.91 Million ≈ $15.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PODIUM MINERALS'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 1401468000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €50.89 Million | 232.41% |
| Total Equity | €21.90 Million | 100.00% |
PODIUM MINERALS Competitors by Market Cap
The table below lists competitors of PODIUM MINERALS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suvidhaa Infoserve Limited
NSE:SUVIDHAA
|
$5.79 Million |
|
Nextage Therapeutics Ltd
TA:NXTG
|
$5.79 Million |
|
Amesite Operating Co
NASDAQ:AMST
|
$5.79 Million |
|
Witbe Net SA
PA:ALWIT
|
$5.79 Million |
|
Evolution Energy Minerals Ltd
AU:EV1
|
$5.78 Million |
|
Euro Trend Yatirim Ortakligi AS
IS:ETYAT
|
$5.78 Million |
|
Cadoux Ltd
AU:CCM
|
$5.77 Million |
|
Till Capital Ltd
V:TIL
|
$5.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PODIUM MINERALS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,784,966 to 21,896,625, a change of 111,659 (0.5%).
- Net loss of 2,425,552 reduced equity.
- Share repurchases of 370,692 reduced equity.
- New share issuances of 2,260,255 increased equity.
- Other factors increased equity by 647,648.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.43 Million | -11.08% |
| Share Repurchases | €370.69K | -1.69% |
| Share Issuances | €2.26 Million | +10.32% |
| Other Changes | €647.65K | +2.96% |
| Total Change | €- | 0.51% |
Book Value vs Market Value Analysis
This analysis compares PODIUM MINERALS'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: 0.12x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | €0.04 | €0.01 | x |
| 2022-06-30 | €0.05 | €0.01 | x |
| 2023-06-30 | €0.05 | €0.01 | x |
| 2024-06-30 | €0.04 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PODIUM MINERALS 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): -11.08%
- 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: 1.02x
- Recent ROE (-11.08%) is above the historical average (-26.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -35.82% | 0.00% | 0.00x | 1.15x | €-7.62 Million |
| 2023 | -31.49% | 0.00% | 0.00x | 1.03x | €-9.04 Million |
| 2024 | -11.08% | 0.00% | 0.00x | 1.02x | €-4.62 Million |
Industry Comparison
This section compares PODIUM MINERALS'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: $2,959,704
- Average return on equity (ROE) among peers: -112.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PODIUM MINERALS (55D) | €21.90 Million | -35.82% | 0.02x | $5.78 Million |
| Scandium International Mining Corp (0E6) | $901.89K | -328.32% | 0.16x | $31.75 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $6.44 Million | -34.62% | 0.09x | $2.79 Million |
| Asiamet Resources Ltd (0FK) | $3.18 Million | -162.81% | 0.37x | $27.77 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.82 Million | -29.84% | 0.10x | $758.30K |
| Benz Mining Corp (1VU) | $2.47 Million | -52.89% | 0.10x | $417.32 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $8.77 Million | -54.50% | 0.49x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $244.28K | -277.01% | 1.86x | $5.15 Million |
| PURANIUM ENERGY LTD. (2DK) | $977.72K | -142.91% | 0.06x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.61 Million | -22.03% | 0.15x | $70.07K |
| GOLCAP RESOURCES CORP (2SO0) | $1.19 Million | -23.94% | 0.67x | $1.57 Million |
About PODIUM MINERALS
Podium Minerals Limited operates as an exploration and resource development company in Australia. The company primarily explores for platinum, palladium, rhodium, and iridium; and nickel, copper, cobalt, and gold deposits. Its flagship project is the Parks Reef project located in the Mid-West region of Western Australia. The company was formerly known as Weld Range Metals Limited. The company was… Read more