PATERSON RESOURCES LTD (U40) - Net Assets
Based on the latest financial reports, PATERSON RESOURCES LTD (U40) has net assets worth €7.06 Million EUR (≈ $8.26 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 (€7.75 Million ≈ $9.06 Million USD) and total liabilities (€687.06K ≈ $803.24K 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 PATERSON RESOURCES LTD (U40) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €7.06 Million |
| % of Total Assets | 91.14% |
| Annual Growth Rate | -29.87% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.72 |
PATERSON RESOURCES LTD - Net Assets Trend (2021–2024)
This chart illustrates how PATERSON RESOURCES LTD's net assets have evolved over time, based on quarterly financial data. Also explore U40 asset base for the complete picture of this company's asset base.
Annual Net Assets for PATERSON RESOURCES LTD (2021–2024)
The table below shows the annual net assets of PATERSON RESOURCES LTD from 2021 to 2024. For live valuation and market cap data, see U40 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €7.06 Million ≈ $8.26 Million |
-1.76% |
| 2023-06-30 | €7.19 Million ≈ $8.41 Million |
-35.67% |
| 2022-06-30 | €11.18 Million ≈ $13.07 Million |
-45.44% |
| 2021-06-30 | €20.49 Million ≈ $23.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PATERSON 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 1220837500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €37.41 Million | 531.76% |
| Total Equity | €7.04 Million | 100.00% |
PATERSON RESOURCES LTD Competitors by Market Cap
The table below lists competitors of PATERSON RESOURCES LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Akanda Corp
NASDAQ:AKAN
|
$14.43 Million |
|
HPMT Holdings Bhd
KLSE:5291
|
$14.43 Million |
|
Mixed Martial Arts Group Limited
NYSE MKT:MMA
|
$14.43 Million |
|
Senior PLC
LSE:SNR
|
$14.44 Million |
|
Elbit Imaging Ltd
TA:EMITF
|
$14.42 Million |
|
G Capital Bhd
KLSE:7676
|
$14.41 Million |
|
Capital Engineering Network Public Company Limited
BK:CEN
|
$14.40 Million |
|
MOGU Inc
NYSE:MOGU
|
$14.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PATERSON RESOURCES LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,120,117 to 7,035,889, a change of -84,228 (-1.2%).
- Net loss of 1,674,769 reduced equity.
- Share repurchases of 84,583 reduced equity.
- New share issuances of 1,557,130 increased equity.
- Other factors increased equity by 117,994.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.67 Million | -23.8% |
| Share Repurchases | €84.58K | -1.2% |
| Share Issuances | €1.56 Million | +22.13% |
| Other Changes | €117.99K | +1.68% |
| Total Change | €- | -1.18% |
Book Value vs Market Value Analysis
This analysis compares PATERSON 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: 1.46x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.35x to 1.46x 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 | €0.06 | €0.02 | x |
| 2022-06-30 | €0.03 | €0.02 | x |
| 2023-06-30 | €0.02 | €0.02 | x |
| 2024-06-30 | €0.02 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PATERSON 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): -23.80%
- 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: 1.10x
- Recent ROE (-23.80%) is above the historical average (-50.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -4.41% | 0.00% | 0.00x | 1.02x | €-2.95 Million |
| 2022 | -95.67% | 0.00% | 0.00x | 1.03x | €-11.74 Million |
| 2023 | -79.44% | 0.00% | 0.00x | 1.04x | €-6.37 Million |
| 2024 | -23.80% | 0.00% | 0.00x | 1.10x | €-2.38 Million |
Industry Comparison
This section compares PATERSON 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: $4,246,227
- Average return on equity (ROE) among peers: -67.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PATERSON RESOURCES LTD (U40) | €7.06 Million | -4.41% | 0.10x | $14.43 Million |
| Scandium International Mining Corp (0E6) | $1.43 Million | 3.31% | 0.24x | $31.75 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $8.06 Million | -50.96% | 0.07x | $3.47 Million |
| Asiamet Resources Ltd (0FK) | $2.57 Million | -281.87% | 0.47x | $27.77 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.82 Million | -29.84% | 0.10x | $370.25K |
| Benz Mining Corp (1VU) | $8.77 Million | -54.50% | 0.49x | $417.32 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $7.26 Million | -55.45% | 0.05x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $1.72 Million | -38.01% | 0.08x | $8.01 Million |
| PURANIUM ENERGY LTD. (2DK) | $977.72K | -142.91% | 0.06x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $7.88 Million | -26.62% | 0.08x | $70.07K |
| GOLCAP RESOURCES CORP (2SO0) | $-18.93K | 0.00% | 0.00x | $2.27 Million |
About PATERSON RESOURCES LTD
Paterson Resources Ltd, a mineral resources company, engages in the exploration and development of gold and copper projects in Australia. Its primary project is the Grace project that covers an area of approximately 345 square kilometers located in the Paterson province in Western Australia. The company was formerly known as Hardey Resources Limited and changed its name to Paterson Resources Ltd … Read more