Cadence Minerals PLC (KDNC) - Net Assets
Based on the latest financial reports, Cadence Minerals PLC (KDNC) has net assets worth GBX16.43 Million GBX (≈ $2.00K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX17.66 Million ≈ $2.15K USD) and total liabilities (GBX1.23 Million ≈ $149.90 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 Cadence Minerals PLC (KDNC) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX16.43 Million |
| % of Total Assets | 93.03% |
| Annual Growth Rate | 16.26% |
| 5-Year Change | -22.09% |
| 10-Year Change | 1.62% |
| Growth Volatility | 107.74 |
Cadence Minerals PLC - Net Assets Trend (2005–2024)
This chart illustrates how Cadence Minerals PLC's net assets have evolved over time, based on quarterly financial data. See KDNC days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Cadence Minerals PLC (2005–2024)
The table below shows the annual net assets of Cadence Minerals PLC from 2005 to 2024. For live valuation and market cap data, see Cadence Minerals PLC (KDNC) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX17.21 Million ≈ $2.09K |
-6.71% |
| 2023-12-31 | GBX18.45 Million ≈ $2.24K |
-13.46% |
| 2022-12-31 | GBX21.32 Million ≈ $2.59K |
-3.76% |
| 2021-12-31 | GBX22.15 Million ≈ $2.70K |
+0.27% |
| 2020-12-31 | GBX22.09 Million ≈ $2.69K |
+101.10% |
| 2019-12-31 | GBX10.99 Million ≈ $1.34K |
-23.73% |
| 2018-12-31 | GBX14.40 Million ≈ $1.75K |
-46.10% |
| 2017-12-31 | GBX26.72 Million ≈ $3.25K |
+8.97% |
| 2016-12-31 | GBX24.52 Million ≈ $2.98K |
+44.78% |
| 2015-12-31 | GBX16.94 Million ≈ $2.06K |
+16.61% |
| 2014-12-31 | GBX14.53 Million ≈ $1.77K |
+193.75% |
| 2013-12-31 | GBX4.95 Million ≈ $601.66 |
+239.40% |
| 2012-12-31 | GBX1.46 Million ≈ $177.27 |
-30.02% |
| 2011-12-31 | GBX2.08 Million ≈ $253.32 |
+2735.44% |
| 2010-09-30 | GBX-79.00K ≈ $-9.61 |
+40.60% |
| 2009-09-30 | GBX-133.00K ≈ $-16.18 |
-195.68% |
| 2008-09-30 | GBX139.00K ≈ $16.91 |
-92.50% |
| 2007-09-30 | GBX1.85 Million ≈ $225.58 |
-37.60% |
| 2006-09-30 | GBX2.97 Million ≈ $361.48 |
+214.06% |
| 2005-09-30 | GBX946.00K ≈ $115.10 |
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Equity Component Analysis
This analysis shows how different components contribute to Cadence 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 2457400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX2.96 Million | 17.19% |
| Other Comprehensive Income | GBX653.00K | 3.79% |
| Other Components | GBX38.53 Million | 223.83% |
| Total Equity | GBX17.21 Million | 100.00% |
Cadence Minerals PLC Competitors by Market Cap
The table below lists competitors of Cadence Minerals PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amigo Holdings PLC
LSE:AMGO
|
$340.17K |
|
Emmerson PLC
LSE:EML
|
$341.45K |
|
Dewhurst
LSE:DWHT
|
$342.24K |
|
Pluribus Technologies Corp
V:PLRB
|
$343.46K |
|
Metgasco Ltd
AU:MEL
|
$337.97K |
|
Goldplat PLC
LSE:GDP
|
$337.66K |
|
RTL Group SA
LSE:0MNC
|
$337.44K |
|
China Liberal Education Holdings
NASDAQ:CLEU
|
$336.66K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cadence Minerals PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,451,000 to 17,213,000, a change of -1,238,000 (-6.7%).
- Net loss of 3,325,000 reduced equity.
- New share issuances of 1,981,000 increased equity.
- Other comprehensive income decreased equity by 22,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-3.33 Million | -19.32% |
| Share Issuances | GBX1.98 Million | +11.51% |
| Other Comprehensive Income | GBX-22.00K | -0.13% |
| Other Changes | GBX128.00K | +0.74% |
| Total Change | GBX- | -6.71% |
Book Value vs Market Value Analysis
This analysis compares Cadence 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: 81.92x
- 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 3.94x to 81.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-09-30 | GBX1.78 | GBX7.00 | x |
| 2006-09-30 | GBX2.32 | GBX7.00 | x |
| 2007-09-30 | GBX1.07 | GBX7.00 | x |
| 2008-09-30 | GBX0.08 | GBX7.00 | x |
| 2009-09-30 | GBX-0.08 | GBX7.00 | x |
| 2010-09-30 | GBX-0.02 | GBX7.00 | x |
| 2011-12-31 | GBX0.20 | GBX7.00 | x |
| 2012-12-31 | GBX0.10 | GBX7.00 | x |
| 2013-12-31 | GBX0.14 | GBX7.00 | x |
| 2014-12-31 | GBX0.28 | GBX7.00 | x |
| 2015-12-31 | GBX0.25 | GBX7.00 | x |
| 2016-12-31 | GBX0.27 | GBX7.00 | x |
| 2017-12-31 | GBX0.28 | GBX7.00 | x |
| 2018-12-31 | GBX0.18 | GBX7.00 | x |
| 2019-12-31 | GBX0.12 | GBX7.00 | x |
| 2020-12-31 | GBX0.19 | GBX7.00 | x |
| 2021-12-31 | GBX0.16 | GBX7.00 | x |
| 2022-12-31 | GBX0.13 | GBX7.00 | x |
| 2023-12-31 | GBX0.11 | GBX7.00 | x |
| 2024-12-31 | GBX0.09 | GBX7.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cadence 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): -19.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.06x
- • Equity Multiplier: 1.07x
- Recent ROE (-19.32%) is above the historical average (-84.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -37.21% | 0.00% | 0.00x | 1.08x | GBX-446.60K |
| 2006 | -26.12% | -55.00% | 0.21x | 2.31x | GBX-1.07 Million |
| 2007 | -63.43% | -46.80% | 0.40x | 3.39x | GBX-1.36 Million |
| 2008 | -1262.59% | 0.00% | 0.00x | 1.41x | GBX-1.77 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-269.70K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-276.10K |
| 2011 | -69.07% | 0.00% | 0.00x | 1.02x | GBX-1.65 Million |
| 2012 | -66.78% | 0.00% | 0.00x | 1.08x | GBX-1.12 Million |
| 2013 | -16.46% | 0.00% | 0.00x | 1.05x | GBX-1.31 Million |
| 2014 | -21.19% | 0.00% | 0.00x | 1.08x | GBX-4.53 Million |
| 2015 | -5.03% | 0.00% | 0.00x | 1.16x | GBX-2.55 Million |
| 2016 | 2.51% | 325.93% | 0.01x | 1.45x | GBX-1.84 Million |
| 2017 | 4.45% | 820.00% | 0.00x | 1.17x | GBX-1.48 Million |
| 2018 | -81.68% | -8403.57% | 0.01x | 1.27x | GBX-13.21 Million |
| 2019 | -17.64% | -19380.00% | 0.00x | 1.30x | GBX-3.04 Million |
| 2020 | 35.41% | 14487.04% | 0.00x | 1.02x | GBX5.61 Million |
| 2021 | -0.65% | -24.96% | 0.03x | 1.04x | GBX-2.36 Million |
| 2022 | -25.78% | 0.00% | -0.21x | 1.01x | GBX-7.63 Million |
| 2023 | -16.36% | 0.00% | -0.16x | 1.08x | GBX-4.86 Million |
| 2024 | -19.32% | 0.00% | -0.06x | 1.07x | GBX-5.05 Million |
Industry Comparison
This section compares Cadence 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: $2,435,726,435
- Average return on equity (ROE) among peers: -41.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cadence Minerals PLC (KDNC) | GBX16.43 Million | -37.21% | 0.07x | $340.04K |
| First Tin PLC (1SN) | $3.84 Million | -87.92% | 0.02x | $725.23K |
| Anglo American PLC (AAL) | $24.13 Billion | -17.49% | 1.32x | $507.14 Million |
| ACG Acquisition Co. Ltd. (ACG) | $-246.05K | 0.00% | 0.00x | $4.86 Million |
| Adriatic Metals (ADT1) | $152.42 Million | -9.03% | 0.16x | $13.45 Million |
| Alba Mineral Resources (ALBA) | $7.53 Million | -46.81% | 0.03x | $50.80K |
| Arc Minerals Limited (ARCM) | $5.84 Million | -125.61% | 0.49x | $118.93K |
| AfriTin Mining Ltd (ATM) | $32.05 Million | -26.33% | 1.07x | $903.42K |
| Anglesey Mining (AYM) | $6.30 Million | -36.62% | 0.17x | $39.82K |
| Beowulf Mining (BEM) | $6.76 Million | -46.11% | 0.04x | $60.33K |
| Bradda Head Holdings Ltd (BHL) | $16.98 Million | -22.89% | 0.07x | $130.70K |
About Cadence Minerals PLC
Cadence Minerals Plc operates as an investment and development company in the mineral resource sector. The company explores for iron and lithium deposits. Its flagship property is the Amapá Iron Ore Project located in Amapa, Brazil. Cadence Minerals Plc was formerly known as Rare Earth Minerals plc and changed its name to Cadence Minerals Plc in March 2017. The company was incorporated in 2004 an… Read more