Premier African Minerals Ltd (PREM) - Net Assets
Based on the latest financial reports, Premier African Minerals Ltd (PREM) has net assets worth GBX5.88 Million GBX (≈ $715.67 USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX66.76 Million ≈ $8.12K USD) and total liabilities (GBX60.88 Million ≈ $7.41K 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 how resilient are Premier African Minerals Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX5.88 Million |
| % of Total Assets | 8.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | -10.05% |
| 10-Year Change | -36.75% |
| Growth Volatility | 63.29 |
Premier African Minerals Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Premier African Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore PREM total assets for the complete picture of this company's asset base.
Annual Net Assets for Premier African Minerals Ltd (2009–2024)
The table below shows the annual net assets of Premier African Minerals Ltd from 2009 to 2024. For live valuation and market cap data, see market cap of Premier African Minerals Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX7.43 Million ≈ $904.26 |
-48.85% |
| 2023-12-31 | GBX14.53 Million ≈ $1.77K |
-13.47% |
| 2022-12-31 | GBX16.79 Million ≈ $2.04K |
+17.85% |
| 2021-12-31 | GBX14.25 Million ≈ $1.73K |
+72.44% |
| 2020-12-31 | GBX8.26 Million ≈ $1.01K |
+66.57% |
| 2019-12-31 | GBX4.96 Million ≈ $603.49 |
+172.08% |
| 2018-12-31 | GBX1.82 Million ≈ $221.81 |
-76.90% |
| 2017-12-31 | GBX7.89 Million ≈ $960.35 |
-40.28% |
| 2016-12-31 | GBX13.22 Million ≈ $1.61K |
+12.47% |
| 2015-12-31 | GBX11.75 Million ≈ $1.43K |
+13.76% |
| 2014-12-31 | GBX10.33 Million ≈ $1.26K |
+47.59% |
| 2013-12-31 | GBX7.00 Million ≈ $851.58 |
+2.93% |
| 2012-12-31 | GBX6.80 Million ≈ $827.34 |
+888.78% |
| 2011-12-31 | GBX-862.07K ≈ $-104.89 |
-32.63% |
| 2010-12-31 | GBX-650.00K ≈ $-79.09 |
+28.18% |
| 2009-12-31 | GBX-905.00K ≈ $-110.11 |
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Equity Component Analysis
This analysis shows how different components contribute to Premier African Minerals Ltd'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 6944482300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX101.27 Million | 481.91% |
| Other Comprehensive Income | GBX-13.44 Million | -63.95% |
| Other Components | GBX4.90 Million | 23.30% |
| Total Equity | GBX21.01 Million | 100.00% |
Premier African Minerals Ltd Competitors by Market Cap
The table below lists competitors of Premier African Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unicorn Mineral Resources PLC
LSE:UMR
|
$28.58K |
|
Anemoi International Ltd
LSE:AMOI
|
$28.66K |
|
Chordate Medical Holding AB
ST:CMH
|
$29.05K |
|
Electricity Generating Public Company Limited
F:ECGF
|
$29.10K |
|
Sonder Holdings Inc
NASDAQ:SOND
|
$27.95K |
|
Futura Medical
LSE:FUM
|
$27.79K |
|
Physiomics Plc
LSE:PYC
|
$27.57K |
|
Gaming Technologies Inc. Common Stock
NASDAQ:GMGT
|
$27.42K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Premier African Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,684,000 to 21,014,000, a change of -6,670,000 (-24.1%).
- Net loss of 19,309,000 reduced equity.
- New share issuances of 13,374,000 increased equity.
- Other comprehensive income increased equity by 975,000.
- Other factors decreased equity by 1,710,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-19.31 Million | -91.89% |
| Share Issuances | GBX13.37 Million | +63.64% |
| Other Comprehensive Income | GBX975.00K | +4.64% |
| Other Changes | GBX-1.71 Million | -8.14% |
| Total Change | GBX- | -24.09% |
Book Value vs Market Value Analysis
This analysis compares Premier African Minerals Ltd'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: 25.11x
- 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 |
|---|---|---|---|
| 2011-12-31 | GBX-0.01 | GBX0.02 | x |
| 2012-12-31 | GBX0.10 | GBX0.02 | x |
| 2013-12-31 | GBX0.01 | GBX0.02 | x |
| 2014-12-31 | GBX0.01 | GBX0.02 | x |
| 2015-12-31 | GBX0.01 | GBX0.02 | x |
| 2016-12-31 | GBX0.01 | GBX0.02 | x |
| 2017-12-31 | GBX0.00 | GBX0.02 | x |
| 2018-12-31 | GBX0.00 | GBX0.02 | x |
| 2019-12-31 | GBX0.00 | GBX0.02 | x |
| 2020-12-31 | GBX0.00 | GBX0.02 | x |
| 2021-12-31 | GBX0.00 | GBX0.02 | x |
| 2022-12-31 | GBX0.00 | GBX0.02 | x |
| 2023-12-31 | GBX0.00 | GBX0.02 | x |
| 2024-12-31 | GBX0.00 | GBX0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Premier African Minerals Ltd 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): -91.89%
- 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: 3.16x
- Recent ROE (-91.89%) is below the historical average (-39.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-912.61K |
| 2012 | -30.86% | 0.00% | 0.00x | 1.25x | GBX-2.78 Million |
| 2013 | -79.54% | 0.00% | 0.00x | 2.40x | GBX-4.29 Million |
| 2014 | 0.14% | 0.00% | 0.00x | 1.18x | GBX-981.70K |
| 2015 | -45.23% | -5817.48% | 0.01x | 1.36x | GBX-7.32 Million |
| 2016 | -23.65% | -2791.11% | 0.01x | 1.41x | GBX-5.36 Million |
| 2017 | -120.64% | -6441.03% | 0.03x | 0.58x | GBX-25.67 Million |
| 2018 | -79.64% | -6886.31% | 0.03x | 0.44x | GBX-13.02 Million |
| 2019 | -3.43% | 0.00% | 0.00x | 0.46x | GBX-2.21 Million |
| 2020 | -4.55% | 0.00% | 0.00x | 0.45x | GBX-2.95 Million |
| 2021 | 27.42% | 0.00% | 0.00x | 0.58x | GBX4.63 Million |
| 2022 | -22.10% | 0.00% | 0.00x | 1.73x | GBX-9.47 Million |
| 2023 | -73.60% | 0.00% | 0.00x | 2.35x | GBX-23.14 Million |
| 2024 | -91.89% | 0.00% | 0.00x | 3.16x | GBX-21.41 Million |
Industry Comparison
This section compares Premier African Minerals Ltd'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: $3,307,603,898
- Average return on equity (ROE) among peers: -65.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Premier African Minerals Ltd (PREM) | GBX5.88 Million | 0.00% | 10.35x | $28.09K |
| 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 |
| Adriatic Metals (ADT1) | $108.42 Million | -27.77% | 1.71x | $13.45 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 Premier African Minerals Ltd
Premier African Minerals Limited, together with its subsidiaries, engages in the investment, mining, exploration, evaluation, and development of natural resource properties on the African continent. It explores for tungsten, lithium, tantalum, fluorspar, rare earth elements, and gold deposits. The company was formerly known as G&B African Resources Limited and changed its name to Premier African … Read more