Firering Strategic Minerals Plc (FRG) - Net Assets
Based on the latest financial reports, Firering Strategic Minerals Plc (FRG) has net assets worth GBX4.16 Million GBX (≈ $506.53 USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX5.93 Million ≈ $721.54 USD) and total liabilities (GBX1.77 Million ≈ $215.01 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 Firering Strategic Minerals Plc (FRG) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX4.16 Million |
| % of Total Assets | 70.2% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 65.45 |
Firering Strategic Minerals Plc - Net Assets Trend (2019–2024)
This chart illustrates how Firering Strategic Minerals Plc's net assets have evolved over time, based on quarterly financial data. Also explore FRG current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Firering Strategic Minerals Plc (2019–2024)
The table below shows the annual net assets of Firering Strategic Minerals Plc from 2019 to 2024. For live valuation and market cap data, see FRG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX3.95 Million ≈ $480.48 |
+102.82% |
| 2023-12-31 | GBX1.95 Million ≈ $236.89 |
-50.91% |
| 2022-12-31 | GBX3.97 Million ≈ $482.55 |
-13.44% |
| 2021-12-31 | GBX4.58 Million ≈ $557.50 |
+924.10% |
| 2020-12-31 | GBX-556.00K ≈ $-67.65 |
-1012.00% |
| 2019-12-31 | GBX-50.00K ≈ $-6.08 |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Firering Strategic Minerals Plc'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 664100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX184.00K | 4.66% |
| Other Components | GBX10.64 Million | 269.46% |
| Total Equity | GBX3.95 Million | 100.00% |
Firering Strategic Minerals Plc Competitors by Market Cap
The table below lists competitors of Firering Strategic Minerals Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deltic Energy PLC
LSE:DELT
|
$59.47K |
|
Serinus Energy
LSE:SENX
|
$59.54K |
|
Novo Integrated Sciences Inc
NASDAQ:NVOS
|
$61.16K |
|
Dekeloil Public Ltd
LSE:DKL
|
$62.20K |
|
4by4 Inc
KQ:389140
|
$57.62K |
|
Bay Capital PLC
LSE:BAY
|
$57.49K |
|
Philipp Holzmann AG
DU:HOZ
|
$57.22K |
|
Harmony Energy Income Trust PLC
LSE:HEIT
|
$57.20K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Firering Strategic Minerals Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,947,000 to 3,949,000, a change of 2,002,000 (102.8%).
- Net loss of 996,351 reduced equity.
- New share issuances of 2,775,000 increased equity.
- Other factors increased equity by 223,351.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-996.35K | -25.23% |
| Share Issuances | GBX2.77 Million | +70.27% |
| Other Changes | GBX223.35K | +5.66% |
| Total Change | GBX- | 102.82% |
Book Value vs Market Value Analysis
This analysis compares Firering Strategic Minerals Plc'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: 40.54x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | GBX0.00 | GBX1.10 | x |
| 2020-12-31 | GBX-0.01 | GBX1.10 | x |
| 2021-12-31 | GBX0.11 | GBX1.10 | x |
| 2022-12-31 | GBX0.05 | GBX1.10 | x |
| 2023-12-31 | GBX0.02 | GBX1.10 | x |
| 2024-12-31 | GBX0.03 | GBX1.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Firering Strategic Minerals Plc 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): -25.23%
- 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: 1.56x
- Recent ROE (-25.23%) is above the historical average (-37.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-216.60K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-396.40K |
| 2021 | -70.82% | 0.00% | 0.00x | 1.33x | GBX-3.51 Million |
| 2022 | -2.12% | 0.00% | 0.00x | 1.35x | GBX-480.60K |
| 2023 | -123.93% | 0.00% | 0.00x | 1.66x | GBX-2.61 Million |
| 2024 | -25.23% | 0.00% | 0.00x | 1.56x | GBX-1.39 Million |
Industry Comparison
This section compares Firering Strategic Minerals Plc'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: $3,142,387,255
- Average return on equity (ROE) among peers: -17.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Firering Strategic Minerals Plc (FRG) | GBX4.16 Million | 0.00% | 0.42x | $57.74K |
| First Tin PLC (1SN) | $9.00 Million | -6.01% | 0.03x | $824.12K |
| Anglo American PLC (AAL) | $31.39 Billion | 11.30% | 0.79x | $498.99 Million |
| ACG Acquisition Co. Ltd. (ACG) | $-246.05K | 0.00% | 0.00x | $4.52 Million |
| Adriatic Metals (ADT1) | $765.43K | -0.07% | 0.20x | $13.45 Million |
| Alba Mineral Resources (ALBA) | $1.14 Million | -32.13% | 0.25x | $44.69K |
| Arc Minerals Limited (ARCM) | $15.78 Million | -5.29% | 0.01x | $66.07K |
| AfriTin Mining Ltd (ATM) | $951.20K | 0.40% | 3.70x | $986.63K |
| Anglesey Mining (AYM) | $12.10K | -2.12% | 0.27x | $35.88K |
| Beowulf Mining (BEM) | $9.73 Million | -14.12% | 0.04x | $41.48K |
| Bradda Head Holdings Ltd (BHL) | $1.74 Million | -127.21% | 0.29x | $99.80K |
About Firering Strategic Minerals Plc
Firering Strategic Minerals Plc, together with its subsidiaries, engages in the exploration and development of mineral projects in Côte d'Ivoire and Zambia. It explores for limestone, lithium, quicklime, coltan, tantalum, and niobium deposits. The company holds 90% interest in the Atex Project that covers an area of 134.96 square kilometers located in the Baoulé-Moss domain of the West African Cr… Read more