Empire Metals Limited (GEO) - Net Assets
Based on the latest financial reports, Empire Metals Limited (GEO) has net assets worth GBX3.15 Million GBX (≈ $383.66 USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.99 Million ≈ $485.14 USD) and total liabilities (GBX834.10K ≈ $101.49 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 GEO liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX3.15 Million |
| % of Total Assets | 79.08% |
| Annual Growth Rate | -8.84% |
| 5-Year Change | 345.76% |
| 10-Year Change | N/A |
| Growth Volatility | 166.17 |
Empire Metals Limited - Net Assets Trend (2013–2024)
This chart illustrates how Empire Metals Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Empire Metals Limited for the complete picture of this company's asset base.
Annual Net Assets for Empire Metals Limited (2013–2024)
The table below shows the annual net assets of Empire Metals Limited from 2013 to 2024. For live valuation and market cap data, see Empire Metals Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | GBX2.04 Million ≈ $248.29 |
+3.80% |
| 2023-06-30 | GBX1.97 Million ≈ $239.19 |
-15.77% |
| 2022-06-30 | GBX2.33 Million ≈ $283.97 |
-13.43% |
| 2021-06-30 | GBX2.70 Million ≈ $328.03 |
+488.91% |
| 2018-12-31 | GBX457.80K ≈ $55.70 |
-96.52% |
| 2017-12-31 | GBX13.17 Million ≈ $1.60K |
+25.29% |
| 2016-12-31 | GBX10.51 Million ≈ $1.28K |
-0.57% |
| 2015-12-31 | GBX10.57 Million ≈ $1.29K |
+174.21% |
| 2014-12-31 | GBX3.86 Million ≈ $469.22 |
-28.47% |
| 2013-12-31 | GBX5.39 Million ≈ $656.02 |
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Equity Component Analysis
This analysis shows how different components contribute to Empire 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 4299479400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | GBX46.31 Million | 2269.54% |
| Total Equity | GBX2.04 Million | 100.00% |
Empire Metals Limited Competitors by Market Cap
The table below lists competitors of Empire Metals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ondo InsurTech PLC
LSE:ONDO
|
$68.36K |
|
Quantum Blockchain Technologies Plc
LSE:QBT
|
$68.64K |
|
Arc Minerals Limited
LSE:ARCM
|
$68.72K |
|
Union Jack Oil plc
LSE:UJO
|
$69.55K |
|
CPPGroup Plc
LSE:CPP
|
$67.59K |
|
Vincerx Pharma, Inc. Common Stock
NASDAQ:VINC
|
$66.48K |
|
Dianomi PLC
LSE:DNM
|
$65.76K |
|
Westmount Energy Limited
LSE:WTE
|
$65.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Empire Metals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,965,886 to 2,040,668, a change of 74,782 (3.8%).
- Net loss of 1,041,261 reduced equity.
- New share issuances of 808,102 increased equity.
- Other factors increased equity by 307,941.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-1.04 Million | -51.03% |
| Share Issuances | GBX808.10K | +39.6% |
| Other Changes | GBX307.94K | +15.09% |
| Total Change | GBX- | 3.80% |
Book Value vs Market Value Analysis
This analysis compares Empire 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: 95.32x
- 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 increased from 22.68x to 95.32x 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 | GBX0.00 | GBX0.10 | x |
| 2022-06-30 | GBX0.00 | GBX0.10 | x |
| 2023-06-30 | GBX0.00 | GBX0.10 | x |
| 2024-06-30 | GBX0.00 | GBX0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Empire 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): -51.03%
- 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: 1.16x
- Recent ROE (-51.03%) is above the historical average (-83.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -145.69% | 0.00% | 0.00x | 1.09x | GBX-4.20 Million |
| 2022 | -70.57% | 0.00% | 0.00x | 1.14x | GBX-1.88 Million |
| 2023 | -65.30% | 0.00% | 0.00x | 1.18x | GBX-1.48 Million |
| 2024 | -51.03% | 0.00% | 0.00x | 1.16x | GBX-1.25 Million |
Industry Comparison
This section compares Empire Metals Limited's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $87,289,784
- Average return on equity (ROE) among peers: 11.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Empire Metals Limited (GEO) | GBX3.15 Million | -145.69% | 0.26x | $68.09K |
| Afentra PLC (AET) | $98.63 Million | 53.08% | 1.30x | $2.14 Million |
| Aminex PLC (AEX) | $92.44 Million | -5.77% | 0.16x | $1.30 Million |
| Angus Energy PLC (ANGS) | $1.92 Million | 100.49% | 0.65x | $129.12K |
| Ascent Resources plc (AST) | $4.83 Million | -8.31% | 0.01x | $61.66K |
| Block Energy PLC (BLOE) | $-60.00K | 0.00% | 0.00x | $135.95K |
| Borders & Southern Petroleum plc (BOR) | $295.56 Million | -0.47% | 0.00x | $1.11 Million |
| Cadogan Petroleum plc (CAD) | $177.30 Million | -8.27% | 0.03x | $129.86K |
| Challenger Energy Group PLC (CEG) | $51.16 Million | -1.92% | 0.01x | $331.01K |
| Chariot Oil & Gas Limited (CHAR) | $148.25 Million | -10.05% | 0.01x | $575.39K |
| Clontarf Energy Plc (CLON) | $2.87 Million | -6.95% | 0.33x | $20.44K |
About Empire Metals Limited
Geo Exploration Limited, together with its subsidiaries, explores for oil and gas exploration and development in Africa and Australia. Its flagship project is its 70% interest owned Juno Project located in Western Australia. It also explores for gold. The company was formerly known as Global Petroleum Limited and changed its name to Geo Exploration Limited in December 2024. Geo Exploration Limite… Read more