Adriatic Metals (ADT1) - Net Assets
Based on the latest financial reports, Adriatic Metals (ADT1) has net assets worth GBX157.77 Million GBX (≈ $19.20K USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX350.05 Million ≈ $42.59K USD) and total liabilities (GBX192.27 Million ≈ $23.39K 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 Adriatic Metals (ADT1) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX157.77 Million |
| % of Total Assets | 45.07% |
| Annual Growth Rate | 95.77% |
| 5-Year Change | 360.23% |
| 10-Year Change | N/A |
| Growth Volatility | 217.27 |
Adriatic Metals - Net Assets Trend (2017–2024)
This chart illustrates how Adriatic Metals's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Adriatic Metals for the complete picture of this company's asset base.
Annual Net Assets for Adriatic Metals (2017–2024)
The table below shows the annual net assets of Adriatic Metals from 2017 to 2024. For live valuation and market cap data, see market cap of Adriatic Metals.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX118.37 Million ≈ $14.40K |
+9.19% |
| 2023-12-31 | GBX108.42 Million ≈ $13.19K |
+0.47% |
| 2022-12-31 | GBX107.90 Million ≈ $13.13K |
-29.21% |
| 2021-12-31 | GBX152.42 Million ≈ $18.54K |
+492.60% |
| 2020-06-30 | GBX25.72 Million ≈ $3.13K |
+259.87% |
| 2019-06-30 | GBX7.15 Million ≈ $869.61 |
+54.37% |
| 2018-06-30 | GBX4.63 Million ≈ $563.33 |
+504.88% |
| 2017-06-30 | GBX765.43K ≈ $93.13 |
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Equity Component Analysis
This analysis shows how different components contribute to Adriatic Metals'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 16191427035.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | GBX280.51 Million | 236.97% |
| Total Equity | GBX118.37 Million | 100.00% |
Adriatic Metals Competitors by Market Cap
The table below lists competitors of Adriatic Metals ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Regenbogen AG
F:RGB
|
$13.46 Million |
|
Cliq Digital AG
XETRA:CLIQ
|
$13.46 Million |
|
Visesh Infotecnics Limited
NSE:VISESHINFO
|
$13.47 Million |
|
Energisme
PA:ALNRG
|
$13.48 Million |
|
Scidev Ltd
AU:SDV
|
$13.45 Million |
|
Ep&T Global Ltd
AU:EPX
|
$13.44 Million |
|
Solartron Public Company Limited
BK:SOLAR
|
$13.44 Million |
|
Movano Inc
NASDAQ:MOVE
|
$13.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adriatic Metals's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 108,415,000 to 118,374,000, a change of 9,959,000 (9.2%).
- Net loss of 62,491,000 reduced equity.
- New share issuances of 48,801,000 increased equity.
- Other factors increased equity by 23,649,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-62.49 Million | -52.79% |
| Share Issuances | GBX48.80 Million | +41.23% |
| Other Changes | GBX23.65 Million | +19.98% |
| Total Change | GBX- | 9.19% |
Book Value vs Market Value Analysis
This analysis compares Adriatic Metals'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: 877.16x
- 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 decreased from 22077.21x to 877.16x 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 | GBX0.01 | GBX320.00 | x |
| 2018-06-30 | GBX0.05 | GBX320.00 | x |
| 2019-06-30 | GBX0.05 | GBX320.00 | x |
| 2020-06-30 | GBX0.14 | GBX320.00 | x |
| 2021-12-31 | GBX0.69 | GBX320.00 | x |
| 2022-12-31 | GBX0.40 | GBX320.00 | x |
| 2023-12-31 | GBX0.37 | GBX320.00 | x |
| 2024-12-31 | GBX0.36 | GBX320.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adriatic Metals 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): -52.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -226.54%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.97x
- Recent ROE (-52.79%) is below the historical average (-26.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -0.07% | -19274.73% | 0.00x | 1.20x | GBX-77.08K |
| 2018 | -22.01% | 0.00% | 0.00x | 1.02x | GBX-1.48 Million |
| 2019 | -23.59% | -2707.88% | 0.01x | 1.02x | GBX-2.40 Million |
| 2020 | -29.85% | -6797.22% | 0.00x | 1.05x | GBX-10.25 Million |
| 2021 | -9.03% | 0.00% | 0.00x | 1.16x | GBX-29.00 Million |
| 2022 | -43.69% | 0.00% | 0.00x | 1.62x | GBX-57.93 Million |
| 2023 | -27.77% | 0.00% | 0.00x | 2.71x | GBX-40.95 Million |
| 2024 | -52.79% | -226.54% | 0.08x | 2.97x | GBX-74.33 Million |
Industry Comparison
This section compares Adriatic Metals'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: $3,663,069,331
- Average return on equity (ROE) among peers: -69.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adriatic Metals (ADT1) | GBX157.77 Million | -0.07% | 1.22x | $13.45 Million |
| First Tin PLC (1SN) | $95.94 Million | -1.11% | 0.29x | $824.12K |
| Anglo American PLC (AAL) | $32.77 Billion | 6.38% | 0.91x | $468.03 Million |
| ACG Acquisition Co. Ltd. (ACG) | $58.31 Million | -22.45% | 2.63x | $4.54 Million |
| Alba Mineral Resources (ALBA) | $198.00K | -515.66% | 2.14x | $52.57K |
| Arc Minerals Limited (ARCM) | $1.77 Million | -28.44% | 0.07x | $68.72K |
| AfriTin Mining Ltd (ATM) | $27.46 Million | -2.97% | 0.35x | $1.02 Million |
| Anglesey Mining (AYM) | $12.02K | -2.31% | 0.30x | $35.88K |
| Beowulf Mining (BEM) | $946.00K | -36.05% | 0.01x | $41.48K |
| Bradda Head Holdings Ltd (BHL) | $16.98 Million | -22.89% | 0.07x | $80.79K |
About Adriatic Metals
Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, gold, copper, and barite deposits. The company's flagship project is the 100% owned Vare" Silver Project, covering an area of approximately 50 square kilometers located in Bosnia and Herzegovina. Adriatic Metals PLC was formerly known… Read more