Vital Metals Limited (VJF) - Net Assets
Based on the latest financial reports, Vital Metals Limited (VJF) has net assets worth €57.66 Million EUR as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€60.52 Million) and total liabilities (€2.85 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €57.66 Million |
| % of Total Assets | 95.28% |
| Annual Growth Rate | 20.79% |
| 5-Year Change | 266.27% |
| 10-Year Change | 1287.77% |
| Growth Volatility | 90.99 |
Vital Metals Limited - Net Assets Trend (2014–2024)
This chart illustrates how Vital Metals Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vital Metals Limited (2014–2024)
The table below shows the annual net assets of Vital Metals Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €57.66 Million | +10.14% |
| 2023-06-30 | €52.36 Million | -13.70% |
| 2022-06-30 | €60.66 Million | -3.68% |
| 2021-06-30 | €62.98 Million | +300.06% |
| 2020-06-30 | €15.74 Million | +23.80% |
| 2019-06-30 | €12.72 Million | +33.48% |
| 2018-06-30 | €9.53 Million | +32.18% |
| 2017-06-30 | €7.21 Million | +48.23% |
| 2016-06-30 | €4.86 Million | +17.03% |
| 2015-06-30 | €4.16 Million | -52.33% |
| 2014-06-30 | €8.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vital Metals 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 7630719400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €164.06 Million | 282.47% |
| Total Equity | €58.08 Million | 100.00% |
Vital Metals Limited Competitors by Market Cap
The table below lists competitors of Vital Metals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asturiana de Laminados S.A.
MC:ELZ
|
$14.04 Million |
|
Royal Prima PT
JK:PRIM
|
$14.05 Million |
|
In8bio Inc
NASDAQ:INAB
|
$14.06 Million |
|
Weizmann Limited
NSE:WEIZMANIND
|
$14.07 Million |
|
PZ Cormay SA
WAR:CRM
|
$14.04 Million |
|
Akritas S.A
AT:AKRIT
|
$14.04 Million |
|
GOLDSTORM METALS CORP.
F:B2U
|
$14.04 Million |
|
Ralco Corporation Bhd
KLSE:7498
|
$14.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vital Metals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 52,355,219 to 58,080,520, a change of 5,725,301 (10.9%).
- Net income of 2,320,099 contributed positively to equity growth.
- Share repurchases of 546,284 reduced equity.
- New share issuances of 5,889,172 increased equity.
- Other factors decreased equity by 1,937,686.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.32 Million | +3.99% |
| Share Repurchases | €546.28K | -0.94% |
| Share Issuances | €5.89 Million | +10.14% |
| Other Changes | €-1.94 Million | -3.34% |
| Total Change | €- | 10.94% |
Book Value vs Market Value Analysis
This analysis compares Vital Metals 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: 0.17x
- 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 decreased from 12.01x to 0.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.01 | €0.08 | x |
| 2018-06-30 | €0.01 | €0.08 | x |
| 2019-06-30 | €0.01 | €0.08 | x |
| 2020-06-30 | €0.01 | €0.08 | x |
| 2021-06-30 | €0.02 | €0.08 | x |
| 2022-06-30 | €0.01 | €0.08 | x |
| 2023-06-30 | €0.01 | €0.08 | x |
| 2024-06-30 | €0.49 | €0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vital Metals 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): 3.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 87.40%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.04x
- Recent ROE (3.99%) is above the historical average (-38.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -15.78% | -3183.51% | 0.00x | 1.42x | €-2.25 Million |
| 2015 | -167.02% | -14895.64% | 0.01x | 1.83x | €-7.36 Million |
| 2016 | -23.77% | 0.00% | 0.00x | 1.74x | €-1.64 Million |
| 2017 | -68.83% | 0.00% | 0.00x | 1.44x | €-5.68 Million |
| 2018 | -34.15% | -68565.44% | 0.00x | 1.25x | €-4.21 Million |
| 2019 | 25.36% | 73915.95% | 0.00x | 1.01x | €1.95 Million |
| 2020 | -29.08% | 0.00% | 0.00x | 1.03x | €-6.15 Million |
| 2021 | -7.54% | 0.00% | 0.00x | 1.04x | €-11.04 Million |
| 2022 | -7.86% | 0.00% | 0.00x | 1.14x | €-10.84 Million |
| 2023 | -98.71% | 0.00% | 0.00x | 1.20x | €-56.92 Million |
| 2024 | 3.99% | 87.40% | 0.04x | 1.04x | €-3.49 Million |
Industry Comparison
This section compares Vital Metals Limited'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: $286,189,436
- Average return on equity (ROE) among peers: -111.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vital Metals Limited (VJF) | €57.66 Million | -15.78% | 0.05x | $14.04 Million |
| SOUTH MANGAN.INV. HD-05 (00D0) | $2.83 Billion | 2.27% | 3.02x | $317.45 Million |
| Scandium International Mining Corp (0E6) | $-221.52K | 0.00% | 0.00x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $-401.00K | 0.00% | 0.00x | $27.77 Million |
| Waratah Minerals Limited (0FS0) | $18.80 Million | -32.51% | 0.11x | $124.98 Million |
| US Critical Metals Corp. (0IU) | $-473.12K | 0.00% | 0.00x | $4.97 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.56 Million | -15.06% | 0.14x | $740.51K |
| United Lithium Corp. (0UL) | $10.81 Million | -24.66% | 0.03x | $9.22 Million |
| 14S0 (14S0) | $314.93K | -828.47% | 6.60x | $2.92 Million |
| Manning Ventures Inc. (1H50) | $605.01K | -29.72% | 0.09x | $69.80K |
| Pacific Empire Minerals Corp (1YK) | $542.41K | -182.64% | 0.26x | $8.47 Million |
About Vital Metals Limited
Vital Metals Limited engages in mineral exploration and development in Canada. The company explores for rare earth deposits. It owns 100% interest in the Nechalacho project located in Yellowknife, Northwest Territories. The company was incorporated in 2004 and is headquartered in Sydney, Australia.