MetalsTech Limited (MT1) - Net Assets
Based on the latest financial reports, MetalsTech Limited (MT1) has net assets worth €6.51 Million EUR (≈ $7.61 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 (€8.84 Million ≈ $10.34 Million USD) and total liabilities (€2.33 Million ≈ $2.72 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. Read MT1 total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €6.51 Million |
| % of Total Assets | 73.64% |
| Annual Growth Rate | -4.73% |
| 5-Year Change | 37.93% |
| 10-Year Change | N/A |
| Growth Volatility | 28.74 |
MetalsTech Limited - Net Assets Trend (2016–2024)
This chart illustrates how MetalsTech Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of MetalsTech Limited for the complete picture of this company's asset base.
Annual Net Assets for MetalsTech Limited (2016–2024)
The table below shows the annual net assets of MetalsTech Limited from 2016 to 2024. For live valuation and market cap data, see MetalsTech Limited (MT1) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €6.51 Million ≈ $7.61 Million |
-7.88% |
| 2023-06-30 | €7.07 Million ≈ $8.26 Million |
+13.94% |
| 2022-06-30 | €6.20 Million ≈ $7.25 Million |
+32.89% |
| 2021-06-30 | €4.67 Million ≈ $5.46 Million |
-1.10% |
| 2020-06-30 | €4.72 Million ≈ $5.52 Million |
-38.34% |
| 2019-06-30 | €7.65 Million ≈ $8.95 Million |
-31.57% |
| 2018-06-30 | €11.19 Million ≈ $13.08 Million |
+48.44% |
| 2017-06-30 | €7.54 Million ≈ $8.81 Million |
-21.47% |
| 2016-06-30 | €9.60 Million ≈ $11.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MetalsTech 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 1755618700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €24.75 Million | 380.12% |
| Total Equity | €6.51 Million | 100.00% |
MetalsTech Limited Competitors by Market Cap
The table below lists competitors of MetalsTech Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Moonbae Steel
KO:008420
|
$36.49 Million |
|
Yukselen Celik As
IS:YKSLN
|
$36.51 Million |
|
Comscore Inc
NASDAQ:SCOR
|
$36.51 Million |
|
Orad-M
TA:ORAD
|
$36.52 Million |
|
Reckon Ltd
AU:RKN
|
$36.47 Million |
|
Kentucky First Federal Bancorp
NASDAQ:KFFB
|
$36.47 Million |
|
Haatz Inc
KQ:066130
|
$36.47 Million |
|
Swiss Water Decaffeinated Coffee Inc
TO:SWP
|
$36.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MetalsTech Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,067,337 to 6,510,186, a change of -557,151 (-7.9%).
- Net loss of 2,263,451 reduced equity.
- New share issuances of 1,602,172 increased equity.
- Other factors increased equity by 104,128.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.26 Million | -34.77% |
| Share Issuances | €1.60 Million | +24.61% |
| Other Changes | €104.13K | +1.6% |
| Total Change | €- | -7.88% |
Book Value vs Market Value Analysis
This analysis compares MetalsTech 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: 4.51x
- 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 1.52x to 4.51x 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 | €0.10 | €0.15 | x |
| 2018-06-30 | €0.10 | €0.15 | x |
| 2019-06-30 | €0.07 | €0.15 | x |
| 2020-06-30 | €0.04 | €0.15 | x |
| 2021-06-30 | €0.03 | €0.15 | x |
| 2022-06-30 | €0.04 | €0.15 | x |
| 2023-06-30 | €0.04 | €0.15 | x |
| 2024-06-30 | €0.03 | €0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MetalsTech 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): -34.77%
- 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: 1.36x
- Recent ROE (-34.77%) is above the historical average (-44.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -85.08% | 0.00% | 0.00x | 1.05x | €-9.12 Million |
| 2017 | -22.45% | -15648.14% | 0.00x | 1.14x | €-2.45 Million |
| 2018 | -38.74% | -69513.31% | 0.00x | 1.03x | €-5.45 Million |
| 2019 | -53.77% | 0.00% | 0.00x | 1.12x | €-4.88 Million |
| 2020 | -99.66% | 0.00% | 0.00x | 1.41x | €-5.18 Million |
| 2021 | -90.28% | 0.00% | 0.00x | 1.64x | €-4.68 Million |
| 2022 | 117.49% | 0.00% | 0.00x | 1.16x | €6.67 Million |
| 2023 | -91.74% | 0.00% | 0.00x | 1.15x | €-7.19 Million |
| 2024 | -34.77% | 0.00% | 0.00x | 1.36x | €-2.91 Million |
Industry Comparison
This section compares MetalsTech Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $31,535,984
- Average return on equity (ROE) among peers: -9.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MetalsTech Limited (MT1) | €6.51 Million | -85.08% | 0.36x | $36.49 Million |
| Pearl Gold AG (02P) | $198.54 Million | -1.69% | 0.00x | $12.86 Million |
| Asante Gold Corporation (1A9) | $3.53 Million | -19.08% | 0.79x | $640.51 Million |
| American Pacific Mining Corp (1QC1) | $48.70 Million | 7.16% | 0.08x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $17.87 Million | -9.87% | 0.17x | $236.82 Million |
| GREENHAWK RESOURCES INC. (2V70) | $-338.95K | 0.00% | 0.00x | $50.39K |
| THETA GOLD MNS LTD (3LM) | $8.69 Million | -50.24% | 1.23x | $149.39 Million |
| McLaren Resources Inc (3ML) | $-257.59K | 0.00% | 0.00x | $2.42 Million |
| Tarachi Gold Corp (4RZ) | $20.79 Million | -5.41% | 0.31x | $2.42 Million |
| KATORO GOLD PLC LS-01 (622) | $-325.46K | 0.00% | 0.00x | $1.74 Million |
| Blue Lagoon Resources Inc (7BL) | $18.17 Million | -18.85% | 0.46x | $76.21 Million |
About MetalsTech Limited
MetalsTech Limited engages in the gold exploration in Slovakia, United Kingdom, and Slovakia. It explores for silver and gold equivalents. The company's flagship property is the Sturec Gold project that covers 9.47 square kilometers located in Central Slovakia. MetalsTech Limited was incorporated in 2016 and is headquartered in Subiaco, Australia.