VOLT RESOURCES LTD (R8L) - Net Assets
Based on the latest financial reports, VOLT RESOURCES LTD (R8L) has net assets worth €13.95 Million EUR (≈ $16.30 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 (€26.19 Million ≈ $30.61 Million USD) and total liabilities (€12.24 Million ≈ $14.31 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 R8L liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €13.95 Million |
| % of Total Assets | 53.26% |
| Annual Growth Rate | -18.93% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.25 |
VOLT RESOURCES LTD - Net Assets Trend (2021–2024)
This chart illustrates how VOLT RESOURCES LTD's net assets have evolved over time, based on quarterly financial data. Also explore R8L total asset value for the complete picture of this company's asset base.
Annual Net Assets for VOLT RESOURCES LTD (2021–2024)
The table below shows the annual net assets of VOLT RESOURCES LTD from 2021 to 2024. For live valuation and market cap data, see market value of VOLT RESOURCES LTD.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €13.95 Million ≈ $16.30 Million |
-12.33% |
| 2023-06-30 | €15.91 Million ≈ $18.60 Million |
-28.77% |
| 2022-06-30 | €22.33 Million ≈ $26.10 Million |
-14.71% |
| 2021-06-30 | €26.18 Million ≈ $30.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to VOLT 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 decreased by 3386971300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €102.84 Million | 518.18% |
| Total Equity | €19.85 Million | 100.00% |
VOLT RESOURCES LTD Competitors by Market Cap
The table below lists competitors of VOLT RESOURCES LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
3R Games SA
WAR:3RG
|
$15.74 Million |
|
Biosynex
PA:ALBIO
|
$15.74 Million |
|
Australis Oil & Gas Ltd
AU:ATS
|
$15.74 Million |
|
Salona Cotspin Limited
NSE:SALONA
|
$15.75 Million |
|
Builders Capital Mortgage Corp
V:BCF
|
$15.73 Million |
|
Clean Seas Seafood Limited
F:C7S
|
$15.73 Million |
|
Ovanti Ltd
AU:OVT
|
$15.73 Million |
|
Charm Engine
KO:009310
|
$15.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VOLT RESOURCES LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,340,139 to 19,846,169, a change of -3,493,970 (-15.0%).
- Net loss of 4,116,287 reduced equity.
- Share repurchases of 76,000 reduced equity.
- New share issuances of 1,479,004 increased equity.
- Other factors decreased equity by 780,687.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.12 Million | -20.74% |
| Share Repurchases | €76.00K | -0.38% |
| Share Issuances | €1.48 Million | +7.45% |
| Other Changes | €-780.69K | -3.93% |
| Total Change | €- | -14.97% |
Book Value vs Market Value Analysis
This analysis compares VOLT 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: 0.84x
- 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 increased from 0.37x to 0.84x 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 | €0.01 | €0.00 | x |
| 2022-06-30 | €0.01 | €0.00 | x |
| 2023-06-30 | €0.01 | €0.00 | x |
| 2024-06-30 | €0.00 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VOLT 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): -20.74%
- 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: 1.32x
- Recent ROE (-20.74%) is above the historical average (-50.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -72.83% | 0.00% | 0.00x | 1.27x | €-18.67 Million |
| 2023 | -57.15% | 0.00% | 0.00x | 1.21x | €-15.67 Million |
| 2024 | -20.74% | 0.00% | 0.00x | 1.32x | €-6.10 Million |
Industry Comparison
This section compares VOLT RESOURCES LTD'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: $1,960,162
- Average return on equity (ROE) among peers: -156.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VOLT RESOURCES LTD (R8L) | €13.95 Million | -72.83% | 0.88x | $15.74 Million |
| Scandium International Mining Corp (0E6) | $345.57K | -563.69% | 1.56x | $31.75 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $6.94 Million | -29.20% | 0.07x | $3.47 Million |
| Asiamet Resources Ltd (0FK) | $-123.22K | 0.00% | 0.00x | $29.76 Million |
| Global Li-Ion Graphite Corp (0TD) | $5.20 Million | -61.33% | 0.09x | $370.25K |
| Benz Mining Corp (1VU) | $1.78 Million | -133.34% | 0.04x | $417.32 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 | $8.70 Million |
| PURANIUM ENERGY LTD. (2DK) | $-625.14K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.61 Million | -22.03% | 0.15x | $70.07K |
| GOLCAP RESOURCES CORP (2SO0) | $712.48K | -120.97% | 1.63x | $2.27 Million |
About VOLT RESOURCES LTD
Volt Resources Limited operates as critical minerals and battery material company. The company is involved in graphite production and natural graphite anode related business. Volt Resources Limited was formerly known as Mozambi Resources Limited and changed its name to Volt Resources Limited in April 2016. The company was incorporated in 2003 is headquartered in Perth, Australia.