IGO LTD SP.ADR/2 (IDZ1) - Net Assets
Based on the latest financial reports, IGO LTD SP.ADR/2 (IDZ1) has net assets worth €2.09 Billion EUR (≈ $2.45 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.36 Billion ≈ $2.75 Billion USD) and total liabilities (€263.90 Million ≈ $308.53 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 IGO LTD SP.ADR/2 (IDZ1) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.09 Billion |
| % of Total Assets | 88.8% |
| Annual Growth Rate | -16.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.09 |
IGO LTD SP.ADR/2 - Net Assets Trend (2022–2025)
This chart illustrates how IGO LTD SP.ADR/2's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see IDZ1 stock market capitalisation.
Annual Net Assets for IGO LTD SP.ADR/2 (2022–2025)
The table below shows the annual net assets of IGO LTD SP.ADR/2 from 2022 to 2025. Also explore IDZ1 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | €2.09 Billion ≈ $2.45 Billion |
-34.80% |
| 2024-06-30 | €3.21 Billion ≈ $3.75 Billion |
-15.33% |
| 2023-06-30 | €3.79 Billion ≈ $4.43 Billion |
+7.02% |
| 2022-06-30 | €3.54 Billion ≈ $4.14 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to IGO LTD SP.ADR/2'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 2355.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €3.13 Billion | 149.38% |
| Total Equity | €2.09 Billion | 100.00% |
IGO LTD SP.ADR/2 Competitors by Market Cap
The table below lists competitors of IGO LTD SP.ADR/2 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COSAN S.A. SP.ADR 1/4
F:9CI0
|
$3.56 Billion |
|
Universal Display
NASDAQ:OLED
|
$3.56 Billion |
|
PROTECTOR FORSIKR.(ADS)/2
F:PR40
|
$3.56 Billion |
|
Optowide Technologies Co. Ltd. A
SHG:688195
|
$3.56 Billion |
|
GCL Energy Technology Co Ltd
SHE:002015
|
$3.55 Billion |
|
Bayerische Motoren Werke Aktiengesellschaft
XETRA:BMW3
|
$3.55 Billion |
|
Star Health and Allied Insurance Company Limited
NSE:STARHEALTH
|
$3.55 Billion |
|
Nine Dragons Paper (Holdings) Limited
F:N3Y
|
$3.54 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IGO LTD SP.ADR/2's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,215,900,000 to 2,092,400,000, a change of -1,123,500,000 (-34.9%).
- Net loss of 954,600,000 reduced equity.
- Dividend payments of 196,900,000 reduced retained earnings.
- Other factors increased equity by 28,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-954.60 Million | -45.62% |
| Dividends Paid | €196.90 Million | -9.41% |
| Other Changes | €28.00 Million | +1.34% |
| Total Change | €- | -34.94% |
Book Value vs Market Value Analysis
This analysis compares IGO LTD SP.ADR/2'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: 3.69x
- 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 2.25x to 3.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | €4.54 | €10.20 | x |
| 2023-06-30 | €5.01 | €10.20 | x |
| 2024-06-30 | €4.25 | €10.20 | x |
| 2025-06-30 | €2.76 | €10.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IGO LTD SP.ADR/2 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): -45.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -186.26%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.13x
- Recent ROE (-45.62%) is below the historical average (-5.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 9.63% | 39.15% | 0.17x | 1.44x | €-12.62 Million |
| 2023 | 14.49% | 52.30% | 0.22x | 1.25x | €170.08 Million |
| 2024 | 0.09% | 0.34% | 0.23x | 1.11x | €-318.79 Million |
| 2025 | -45.62% | -186.26% | 0.22x | 1.13x | €-1.16 Billion |
Industry Comparison
This section compares IGO LTD SP.ADR/2'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: $35,090,887
- Average return on equity (ROE) among peers: -137.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IGO LTD SP.ADR/2 (IDZ1) | €2.09 Billion | 9.63% | 0.13x | $3.55 Billion |
| Scandium International Mining Corp (0E6) | $345.57K | -563.69% | 1.56x | $31.75 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $8.06 Million | -50.96% | 0.07x | $3.47 Million |
| Asiamet Resources Ltd (0FK) | $3.83 Million | -181.11% | 0.41x | $1.98 Million |
| Global Li-Ion Graphite Corp (0TD) | $2.21 Million | -16.12% | 0.41x | $758.30K |
| Benz Mining Corp (1VU) | $397.62K | -109.93% | 0.20x | $417.32 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $22.89 Million | -32.78% | 0.12x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $244.28K | -277.01% | 1.86x | $6.84 Million |
| Alphamin Resources Corp (21L) | $310.73 Million | 15.51% | 0.36x | $1.23 Billion |
| PURANIUM ENERGY LTD. (2DK) | $977.72K | -142.91% | 0.06x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.22 Million | -19.90% | 0.46x | $70.07K |
About IGO LTD SP.ADR/2
IGO Limited, together with its subsidiaries, discovers, develops, and delivers battery minerals in Australia. It operates through Nova Operation, Forrestania Operation, Cosmos Project, Lithium Business, and Growth segments. The company explores for nickel, lithium, copper, cobalt, and silver deposits. It is also involved in exploration, business development, and project evaluation activities, as … Read more