Carnavale Resources Limited (YBB) - Net Assets
Based on the latest financial reports, Carnavale Resources Limited (YBB) has net assets worth €11.15 Million EUR (≈ $13.04 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 (€11.49 Million ≈ $13.43 Million USD) and total liabilities (€338.19K ≈ $395.38K 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 Carnavale Resources Limited (YBB) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €11.15 Million |
| % of Total Assets | 97.06% |
| Annual Growth Rate | 22.26% |
| 5-Year Change | 412.47% |
| 10-Year Change | 335.52% |
| Growth Volatility | 66.64 |
Carnavale Resources Limited - Net Assets Trend (2014–2024)
This chart illustrates how Carnavale Resources Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Carnavale Resources Limited stock valuation.
Annual Net Assets for Carnavale Resources Limited (2014–2024)
The table below shows the annual net assets of Carnavale Resources Limited from 2014 to 2024. Also explore Carnavale Resources Limited annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €11.15 Million ≈ $13.04 Million |
+29.68% |
| 2023-06-30 | €8.60 Million ≈ $10.06 Million |
-4.06% |
| 2022-06-30 | €8.97 Million ≈ $10.48 Million |
+30.80% |
| 2021-06-30 | €6.85 Million ≈ $8.01 Million |
+214.93% |
| 2020-06-30 | €2.18 Million ≈ $2.54 Million |
+1.00% |
| 2019-06-30 | €2.15 Million ≈ $2.52 Million |
+3.47% |
| 2018-06-30 | €2.08 Million ≈ $2.43 Million |
+29.54% |
| 2017-06-30 | €1.61 Million ≈ $1.88 Million |
+17.52% |
| 2016-06-30 | €1.37 Million ≈ $1.60 Million |
-46.58% |
| 2015-06-30 | €2.56 Million ≈ $2.99 Million |
+71.44% |
| 2014-06-30 | €1.49 Million ≈ $1.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Carnavale Resources 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 1149961100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €46.02 Million | 412.65% |
| Total Equity | €11.15 Million | 100.00% |
Carnavale Resources Limited Competitors by Market Cap
The table below lists competitors of Carnavale Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Resintech Bhd
KLSE:7232
|
$21.23 Million |
|
Performance Shipping Inc
NASDAQ:PSHG
|
$21.26 Million |
|
Sah Polymers Limited
NSE:SAH
|
$21.26 Million |
|
Cliq Digital AG
XETRA:CLIQ
|
$21.26 Million |
|
OneSavings Bank PLC
LSE:OSB
|
$21.23 Million |
|
Shengli Oil & Gas Pipe Holdings Limited
F:GSG
|
$21.22 Million |
|
AGMO
KLSE:0258
|
$21.22 Million |
|
JPEL Private Equity Ltd
LSE:JPEL
|
$21.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carnavale Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,600,831 to 11,153,260, a change of 2,552,429 (29.7%).
- Net loss of 791,143 reduced equity.
- Share repurchases of 163,928 reduced equity.
- New share issuances of 3,105,675 increased equity.
- Other factors increased equity by 401,825.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-791.14K | -7.09% |
| Share Repurchases | €163.93K | -1.47% |
| Share Issuances | €3.11 Million | +27.85% |
| Other Changes | €401.82K | +3.6% |
| Total Change | €- | 29.68% |
Book Value vs Market Value Analysis
This analysis compares Carnavale Resources 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: 0.95x
- 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 15.83x to 0.95x 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 | €0.00 | €0.04 | x |
| 2018-06-30 | €0.00 | €0.04 | x |
| 2019-06-30 | €0.00 | €0.04 | x |
| 2020-06-30 | €0.00 | €0.04 | x |
| 2021-06-30 | €0.00 | €0.04 | x |
| 2022-06-30 | €0.00 | €0.04 | x |
| 2023-06-30 | €0.00 | €0.04 | x |
| 2024-06-30 | €0.05 | €0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carnavale Resources 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): -7.09%
- 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: 1.03x
- Recent ROE (-7.09%) is above the historical average (-48.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -63.40% | -2457.18% | 0.02x | 1.05x | €-1.10 Million |
| 2015 | -21.57% | -719.95% | 0.03x | 1.02x | €-808.42K |
| 2016 | -212.12% | -9815.70% | 0.02x | 1.06x | €-3.04 Million |
| 2017 | -27.98% | -2308.39% | 0.01x | 1.03x | €-610.60K |
| 2018 | -29.61% | -1183.25% | 0.02x | 1.03x | €-824.95K |
| 2019 | -22.27% | -4686.25% | 0.00x | 1.22x | €-695.40K |
| 2020 | -108.24% | 0.00% | 0.00x | 1.04x | €-2.57 Million |
| 2021 | -21.70% | 0.00% | 0.00x | 1.04x | €-2.17 Million |
| 2022 | -15.76% | 0.00% | 0.00x | 1.06x | €-2.31 Million |
| 2023 | -5.26% | 0.00% | 0.00x | 1.04x | €-1.31 Million |
| 2024 | -7.09% | 0.00% | 0.00x | 1.03x | €-1.91 Million |
Industry Comparison
This section compares Carnavale Resources 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: $39,193,792
- Average return on equity (ROE) among peers: -205.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carnavale Resources Limited (YBB) | €11.15 Million | -63.40% | 0.03x | $21.23 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) | $671.10K | -1105.80% | 0.58x | $1.98 Million |
| Global Li-Ion Graphite Corp (0TD) | $5.20 Million | -61.33% | 0.09x | $758.30K |
| Benz Mining Corp (1VU) | $1.78 Million | -133.34% | 0.04x | $417.32 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $8.77 Million | -54.50% | 0.49x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $1.22 Million | -95.73% | 0.06x | $6.84 Million |
| Alphamin Resources Corp (21L) | $365.51 Million | 12.92% | 0.41x | $1.23 Billion |
| PURANIUM ENERGY LTD. (2DK) | $-109.30K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.61 Million | -22.03% | 0.15x | $70.07K |
About Carnavale Resources Limited
Carnavale Resources Limited operates as a mineral exploration company in Australia. It primarily explores for tin, lithium, cobalt, silver, nickel, gold, copper, precious metals, and other strategic minerals. The company also involved in investing activities. Carnavale Resources Limited was incorporated in 2006 and is based in Mount Hawthorn, Australia.