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 tangible equity quality of IGO LTD SP.ADR/2 to evaluate the tangible quality of the company's equity base.
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. See IGO LTD SP.ADR/2 (IDZ1) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see IDZ1 market cap.
| 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 |
|---|---|
|
Banijay Group NV
AS:BNJ
|
$3.56 Billion |
|
COSAN S.A. SP.ADR 1/4
F:9CI0
|
$3.56 Billion |
|
Zhejiang XCC Group Co Ltd
SHG:603667
|
$3.56 Billion |
|
Emcure Pharmaceuticals Ltd
NSE:EMCURE
|
$3.56 Billion |
|
TIZA Information Industry Corporation Inc
SHE:300209
|
$3.55 Billion |
|
FangDa Carbon New Material Co Ltd
SHG:600516
|
$3.55 Billion |
|
Tianneng Battery Group Co Ltd
SHG:688819
|
$3.55 Billion |
|
Centerra Gold Inc
TO:CG
|
$3.55 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: $3,200,598
- Average return on equity (ROE) among peers: -151.86%
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 | $27.53 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $8.92 Million | -29.57% | 0.14x | $3.47 Million |
| Asiamet Resources Ltd (0FK) | $7.46 Million | -78.84% | 0.24x | $25.79 Million |
| Global Li-Ion Graphite Corp (0TD) | $2.21 Million | -16.12% | 0.41x | $317.36K |
| Benz Mining Corp (1VU) | $7.26 Million | -55.45% | 0.05x | $407.88 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $3.51 Million | -359.60% | 0.72x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $244.28K | -277.01% | 1.86x | $7.21 Million |
| PURANIUM ENERGY LTD. (2DK) | $-109.30K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.46 Million | -17.32% | 0.25x | $70.07K |
| GOLCAP RESOURCES CORP (2SO0) | $712.48K | -120.97% | 1.63x | $2.24 Million |
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