Alta Zinc Limited (8EE) - Net Assets
Based on the latest financial reports, Alta Zinc Limited (8EE) has net assets worth €3.17 Million EUR (≈ $3.71 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 (€3.80 Million ≈ $4.45 Million USD) and total liabilities (€633.03K ≈ $740.08K 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. Check 8EE asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.17 Million |
| % of Total Assets | 83.36% |
| Annual Growth Rate | 6.5% |
| 5-Year Change | 1433.93% |
| 10-Year Change | -43.86% |
| Growth Volatility | 525.34 |
Alta Zinc Limited - Net Assets Trend (2014–2024)
This chart illustrates how Alta Zinc Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Alta Zinc Limited for the complete picture of this company's asset base.
Annual Net Assets for Alta Zinc Limited (2014–2024)
The table below shows the annual net assets of Alta Zinc Limited from 2014 to 2024. For live valuation and market cap data, see 8EE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €3.17 Million ≈ $3.71 Million |
-31.12% |
| 2023-06-30 | €4.60 Million ≈ $5.38 Million |
+14.83% |
| 2022-06-30 | €4.01 Million ≈ $4.69 Million |
+5.28% |
| 2021-06-30 | €3.81 Million ≈ $4.45 Million |
+1741.93% |
| 2020-06-30 | €206.78K ≈ $241.75K |
-90.93% |
| 2019-06-30 | €2.28 Million ≈ $2.66 Million |
-39.29% |
| 2018-06-30 | €3.75 Million ≈ $4.39 Million |
+166.24% |
| 2017-06-30 | €1.41 Million ≈ $1.65 Million |
-77.44% |
| 2016-06-30 | €6.25 Million ≈ $7.31 Million |
+10.63% |
| 2015-06-30 | €5.65 Million ≈ $6.60 Million |
+234.30% |
| 2014-06-30 | €1.69 Million ≈ $1.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Alta Zinc Limited'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 4054675500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €60.89 Million | 1919.66% |
| Total Equity | €3.17 Million | 100.00% |
Alta Zinc Limited Competitors by Market Cap
The table below lists competitors of Alta Zinc Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHEMOMAB THERAP. ADR/20
F:2QV0
|
$15.26 Million |
|
Pimpinan Eshan Bhd
KLSE:5622
|
$15.27 Million |
|
Mcphersons Ltd
AU:MCP
|
$15.28 Million |
|
Megalestari Epack Sentosaraya Pt
JK:EPAC
|
$15.29 Million |
|
Bina Darulaman Bhd
KLSE:6173
|
$15.26 Million |
|
Nimy Resources Ltd
AU:NIM
|
$15.26 Million |
|
Magnum Ventures Limited
NSE:MAGNUM
|
$15.25 Million |
|
MOUNTAIN VALLEY MD HLDGS
F:20MP
|
$15.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alta Zinc Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,604,686 to 3,171,904, a change of -1,432,782 (-31.1%).
- Net loss of 3,688,736 reduced equity.
- Share repurchases of 109,583 reduced equity.
- New share issuances of 2,356,614 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.69 Million | -116.29% |
| Share Repurchases | €109.58K | -3.45% |
| Share Issuances | €2.36 Million | +74.3% |
| Other Changes | €8.92K | +0.28% |
| Total Change | €- | -31.12% |
Book Value vs Market Value Analysis
This analysis compares Alta Zinc Limited'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: 3.04x
- 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 0.81x to 3.04x 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 | €0.02 | €0.02 | x |
| 2018-06-30 | €0.04 | €0.02 | x |
| 2019-06-30 | €0.02 | €0.02 | x |
| 2020-06-30 | €0.00 | €0.02 | x |
| 2021-06-30 | €0.01 | €0.02 | x |
| 2022-06-30 | €0.01 | €0.02 | x |
| 2023-06-30 | €0.01 | €0.02 | x |
| 2024-06-30 | €0.01 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alta Zinc Limited 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): -116.29%
- 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: 1.20x
- Recent ROE (-116.29%) is above the historical average (-320.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -168.79% | -3723.20% | 0.04x | 1.20x | €-3.02 Million |
| 2015 | -81.74% | -4554.49% | 0.02x | 1.19x | €-5.18 Million |
| 2016 | 6.42% | 552.26% | 0.01x | 1.34x | €-223.75K |
| 2017 | -759.90% | 0.00% | 0.00x | 2.02x | €-10.86 Million |
| 2018 | -96.65% | 0.00% | 0.00x | 1.19x | €-4.00 Million |
| 2019 | -143.47% | -1072.17% | 0.10x | 1.31x | €-3.50 Million |
| 2020 | -1818.98% | 0.00% | 0.00x | 16.31x | €-3.78 Million |
| 2021 | -141.19% | 0.00% | 0.00x | 1.39x | €-5.76 Million |
| 2022 | -141.27% | 0.00% | 0.00x | 1.35x | €-6.07 Million |
| 2023 | -61.55% | 0.00% | 0.00x | 1.12x | €-3.29 Million |
| 2024 | -116.29% | 0.00% | 0.00x | 1.20x | €-4.01 Million |
Industry Comparison
This section compares Alta Zinc Limited'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: $11,918,307
- Average return on equity (ROE) among peers: -92.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alta Zinc Limited (8EE) | €3.17 Million | -168.79% | 0.20x | $15.26 Million |
| Scandium International Mining Corp (0E6) | $901.89K | -328.32% | 0.16x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $2.57 Million | -281.87% | 0.47x | $27.77 Million |
| Global Li-Ion Graphite Corp (0TD) | $2.41 Million | -62.75% | 0.22x | $211.57K |
| Benz Mining Corp (1VU) | $1.23 Million | -52.21% | 0.03x | $221.87 Million |
| Pacific Empire Minerals Corp (1YK) | $938.41K | -109.89% | 0.05x | $6.64 Million |
| PURANIUM ENERGY LTD. (2DK) | $-109.30K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.46 Million | -17.32% | 0.25x | $1.14 Million |
| GOLCAP RESOURCES CORP (2SO0) | $-2.39K | 0.00% | 0.00x | $2.27 Million |
| CDN Maverick Capital Corp. (338B) | $1.88 Million | -29.31% | 0.05x | $2.48 Million |
| Adriatic Metals Plc (3FN) | $107.90 Million | -43.69% | 0.62x | $1.23 Billion |
About Alta Zinc Limited
Altamin Limited engages in the identification, acquisition, and assessment of mineral properties. The company explores for zinc, lead, cobalt, nickel, copper, manganese, lithium, boron, graphite, and silver deposits. Its flagship project is Lazio Geothermal Lithium project situated in Lazio, Central Italy. The company was formerly known as Alta Zinc Limited and changed its name to Altamin Limited… Read more