MANTLE MINERALS (MXB0) - Net Assets
Based on the latest financial reports, MANTLE MINERALS (MXB0) has net assets worth €33.99K EUR (≈ $39.74K USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€905.44K ≈ $1.06 Million USD) and total liabilities (€871.45K ≈ $1.02 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 MANTLE MINERALS to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €33.99K |
| % of Total Assets | 3.75% |
| Annual Growth Rate | -70.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 101.9 |
MANTLE MINERALS - Net Assets Trend (2021–2024)
This chart illustrates how MANTLE MINERALS's net assets have evolved over time, based on quarterly financial data. Explore MXB0 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Net Assets for MANTLE MINERALS (2021–2024)
The table below shows the annual net assets of MANTLE MINERALS from 2021 to 2024. For live valuation and market cap data, see MANTLE MINERALS market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €33.99K ≈ $39.74K |
-98.65% |
| 2023-06-30 | €2.52 Million ≈ $2.95 Million |
+145.97% |
| 2022-06-30 | €1.03 Million ≈ $1.20 Million |
-19.28% |
| 2021-06-30 | €1.27 Million ≈ $1.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MANTLE MINERALS'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 955649900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €101.13 Million | 297529.85% |
| Total Equity | €33.99K | 100.00% |
MANTLE MINERALS Competitors by Market Cap
The table below lists competitors of MANTLE MINERALS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airtouch Solar Ltd
TA:ARTS
|
$3.62 Million |
|
Mare Nostrum
PA:ALMAR
|
$3.62 Million |
|
Iveda Solutions Inc
NASDAQ:IVDA
|
$3.62 Million |
|
IPB Petroleum Ltd
AU:IPB
|
$3.62 Million |
|
Reliance Global Group, Inc.
NASDAQ:EZRA
|
$3.61 Million |
|
49 North Resources Inc
V:FNR
|
$3.61 Million |
|
Emetals Ltd
AU:EMT
|
$3.61 Million |
|
NR 21 S.A.
PA:NR21
|
$3.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MANTLE MINERALS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,524,746 to 33,989, a change of -2,490,757 (-98.7%).
- Net loss of 2,589,220 reduced equity.
- Share repurchases of 1,537 reduced equity.
- New share issuances of 100,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.59 Million | -7617.82% |
| Share Repurchases | €1.54K | -4.52% |
| Share Issuances | €100.00K | +294.21% |
| Total Change | €- | -98.65% |
Book Value vs Market Value Analysis
This analysis compares MANTLE MINERALS'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: 91.17x
- 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 1.57x to 91.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | €0.00 | €0.00 | x |
| 2022-06-30 | €0.00 | €0.00 | x |
| 2023-06-30 | €0.00 | €0.00 | x |
| 2024-06-30 | €0.00 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MANTLE MINERALS 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): -7617.82%
- 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: 26.64x
- Recent ROE (-7617.82%) is below the historical average (-2085.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -203.41% | 0.00% | 0.00x | 1.32x | €-2.71 Million |
| 2022 | -413.03% | 0.00% | 0.00x | 1.63x | €-4.34 Million |
| 2023 | -108.04% | 0.00% | 0.00x | 1.19x | €-2.98 Million |
| 2024 | -7617.82% | 0.00% | 0.00x | 26.64x | €-2.59 Million |
Industry Comparison
This section compares MANTLE MINERALS'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: $1,523,689
- Average return on equity (ROE) among peers: -163.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MANTLE MINERALS (MXB0) | €33.99K | -203.41% | 25.64x | $3.62 Million |
| Scandium International Mining Corp (0E6) | $-221.52K | 0.00% | 0.00x | $31.75 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $6.44 Million | -34.62% | 0.09x | $3.47 Million |
| Asiamet Resources Ltd (0FK) | $671.10K | -1105.80% | 0.58x | $25.79 Million |
| Global Li-Ion Graphite Corp (0TD) | $2.21 Million | -16.12% | 0.41x | $264.47K |
| Benz Mining Corp (1VU) | $1.23 Million | -52.21% | 0.03x | $417.32 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $3.51 Million | -359.60% | 0.72x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $576.94K | -51.70% | 0.11x | $8.59 Million |
| PURANIUM ENERGY LTD. (2DK) | $-625.14K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.46 Million | -17.32% | 0.25x | $70.07K |
| GOLCAP RESOURCES CORP (2SO0) | $-18.93K | 0.00% | 0.00x | $2.27 Million |
About MANTLE MINERALS
Mantle Minerals Limited operates as a mineral exploration and development company in Australia. The company explores for gold and nickel deposits. It holds interests in the Yule River project covering an area of 141 square kilometres located on southwest of Port Hedland in the Pilbara region, Western Australia; and the Pardoo Project covering an area of 89 square kilometres situated on northeast … Read more