Bathurst Resources Ltd (B0R) - Net Assets
Based on the latest financial reports, Bathurst Resources Ltd (B0R) has net assets worth €293.12 Million EUR (≈ $342.69 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 (€316.81 Million ≈ $370.39 Million USD) and total liabilities (€23.69 Million ≈ $27.70 Million 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 asset allocation strategy of Bathurst Resources Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €293.12 Million |
| % of Total Assets | 92.52% |
| Annual Growth Rate | 23.88% |
| 5-Year Change | 335.82% |
| 10-Year Change | 1441.54% |
| Growth Volatility | 78.61 |
Bathurst Resources Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Bathurst Resources Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Bathurst Resources Ltd stock valuation.
Annual Net Assets for Bathurst Resources Ltd (2014–2024)
The table below shows the annual net assets of Bathurst Resources Ltd from 2014 to 2024. Also explore B0R net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €291.64 Million ≈ $340.96 Million |
+12.57% |
| 2023-06-30 | €259.08 Million ≈ $302.90 Million |
+48.59% |
| 2022-06-30 | €174.36 Million ≈ $203.85 Million |
+35.41% |
| 2021-06-30 | €128.77 Million ≈ $150.54 Million |
+92.42% |
| 2020-06-30 | €66.92 Million ≈ $78.24 Million |
-42.47% |
| 2019-06-30 | €116.33 Million ≈ $136.00 Million |
+65.13% |
| 2018-06-30 | €70.45 Million ≈ $82.36 Million |
+242.64% |
| 2017-06-30 | €20.56 Million ≈ $24.04 Million |
+3.05% |
| 2016-06-30 | €19.95 Million ≈ $23.32 Million |
+5.45% |
| 2015-06-30 | €18.92 Million ≈ $22.12 Million |
-44.78% |
| 2014-06-30 | €34.26 Million ≈ $40.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bathurst Resources 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 grown by 21019906269.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €28.85 Million | 9.89% |
| Other Components | €262.80 Million | 90.11% |
| Total Equity | €291.64 Million | 100.00% |
Bathurst Resources Ltd Competitors by Market Cap
The table below lists competitors of Bathurst Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Talphera Inc.
NASDAQ:TLPH
|
$61.76 Million |
|
Jia Wei Lifestyle Inc
TW:3557
|
$61.76 Million |
|
Kredyt Inkaso SA
WAR:KRI
|
$61.76 Million |
|
PUBLIC POLICY HO.COM 144A
F:PD7
|
$61.79 Million |
|
Qliro AB
ST:QLIRO
|
$61.73 Million |
|
2S Metal Public Company Limited
BK:2S
|
$61.71 Million |
|
Fission 3.0 Corp
V:FUU
|
$61.70 Million |
|
SEOWONINTECH.Co.Ltd
KQ:093920
|
$61.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bathurst Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 259,082,973 to 291,643,635, a change of 32,560,662 (12.6%).
- Net income of 35,276,837 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €35.28 Million | +12.1% |
| Other Changes | €-2.72 Million | -0.93% |
| Total Change | €- | 12.57% |
Book Value vs Market Value Analysis
This analysis compares Bathurst Resources 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: 0.14x
- 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 decreased from 10.55x to 0.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.02 | €0.22 | x |
| 2018-06-30 | €0.05 | €0.22 | x |
| 2019-06-30 | €0.07 | €0.22 | x |
| 2020-06-30 | €0.04 | €0.22 | x |
| 2021-06-30 | €0.75 | €0.22 | x |
| 2022-06-30 | €0.91 | €0.22 | x |
| 2023-06-30 | €1.35 | €0.22 | x |
| 2024-06-30 | €1.52 | €0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bathurst Resources 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): 12.10%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 88.88%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.08x
- Recent ROE (12.10%) is above the historical average (-50.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -551.40% | -340.21% | 0.90x | 1.80x | €-192.33 Million |
| 2015 | -86.72% | -31.99% | 1.02x | 2.67x | €-18.30 Million |
| 2016 | 5.17% | 2.03% | 1.16x | 2.20x | €-964.10K |
| 2017 | -9.23% | -4.56% | 0.53x | 3.79x | €-3.95 Million |
| 2018 | 7.88% | 11.60% | 0.40x | 1.70x | €-1.50 Million |
| 2019 | 38.65% | 85.24% | 0.33x | 1.37x | €33.33 Million |
| 2020 | -70.87% | -100.88% | 0.27x | 2.61x | €-54.12 Million |
| 2021 | 51.82% | 138.52% | 0.30x | 1.24x | €53.84 Million |
| 2022 | 15.77% | 77.04% | 0.19x | 1.09x | €10.07 Million |
| 2023 | 32.09% | 206.83% | 0.15x | 1.06x | €57.24 Million |
| 2024 | 12.10% | 88.88% | 0.13x | 1.08x | €6.11 Million |
Industry Comparison
This section compares Bathurst Resources Ltd's net assets metrics with peer companies in the Coking Coal industry.
Industry Context
- Industry: Coking Coal
- Average net assets among peers: $1,857,626,500
- Average return on equity (ROE) among peers: 12.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bathurst Resources Ltd (B0R) | €293.12 Million | -551.40% | 0.08x | $61.74 Million |
| MONGOLIAN MINING CRP.REGS (29X2) | $927.08 Million | 6.38% | 0.96x | $1.02 Billion |
| PERENNIAL ENERGY HD-01 (PEZ) | $2.79 Billion | 18.08% | 0.55x | $152.80 Million |
About Bathurst Resources Ltd
Bathurst Resources Limited engages in the exploration, development, and production of bituminous and coking coal in New Zealand and Canada. The company is involved in steelmaking coal development projects, and the operation of coal mines. It exports coal to Japan, South Korea, India, and China. It serves the steelmaking, energy generation, agricultural, health, and food manufacturing industries. … Read more