Thor Mining PLC (THR) - Net Assets
Based on the latest financial reports, Thor Mining PLC (THR) has net assets worth GBX8.12 Million GBX (≈ $988.09 USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX8.39 Million ≈ $1.02K USD) and total liabilities (GBX274.00K ≈ $33.34 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 Thor Mining PLC (THR) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX8.12 Million |
| % of Total Assets | 96.74% |
| Annual Growth Rate | 7.28% |
| 5-Year Change | -26.8% |
| 10-Year Change | -4.8% |
| Growth Volatility | 56.12 |
Thor Mining PLC - Net Assets Trend (2005–2025)
This chart illustrates how Thor Mining PLC's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Thor Mining PLC for the complete picture of this company's asset base.
Annual Net Assets for Thor Mining PLC (2005–2025)
The table below shows the annual net assets of Thor Mining PLC from 2005 to 2025. For live valuation and market cap data, see Thor Mining PLC stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | GBX9.23 Million ≈ $1.12K |
-30.40% |
| 2024-06-30 | GBX13.26 Million ≈ $1.61K |
-8.08% |
| 2023-06-30 | GBX14.42 Million ≈ $1.75K |
+17.17% |
| 2022-06-30 | GBX12.31 Million ≈ $1.50K |
-2.36% |
| 2021-06-30 | GBX12.61 Million ≈ $1.53K |
+1.04% |
| 2020-06-30 | GBX12.48 Million ≈ $1.52K |
0.00% |
| 2019-06-30 | GBX12.48 Million ≈ $1.52K |
+8.77% |
| 2018-06-30 | GBX11.47 Million ≈ $1.40K |
+15.74% |
| 2017-06-30 | GBX9.91 Million ≈ $1.21K |
+2.25% |
| 2016-06-30 | GBX9.69 Million ≈ $1.18K |
+3.97% |
| 2015-06-30 | GBX9.32 Million ≈ $1.13K |
-4.23% |
| 2014-06-30 | GBX9.73 Million ≈ $1.18K |
-3.41% |
| 2013-06-30 | GBX10.08 Million ≈ $1.23K |
-3.69% |
| 2012-06-30 | GBX10.46 Million ≈ $1.27K |
+18.10% |
| 2011-06-30 | GBX8.86 Million ≈ $1.08K |
+27.87% |
| 2010-06-30 | GBX6.93 Million ≈ $843.06 |
+0.61% |
| 2009-06-30 | GBX6.89 Million ≈ $837.95 |
-12.22% |
| 2008-06-30 | GBX7.85 Million ≈ $954.63 |
+17.23% |
| 2007-06-30 | GBX6.69 Million ≈ $814.34 |
+252.08% |
| 2006-06-30 | GBX1.90 Million ≈ $231.30 |
-15.92% |
| 2005-06-30 | GBX2.26 Million ≈ $275.10 |
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Equity Component Analysis
This analysis shows how different components contribute to Thor Mining 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 2865900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX4.62 Million | 50.19% |
| Other Comprehensive Income | GBX881.00K | 9.58% |
| Other Components | GBX32.46 Million | 352.99% |
| Total Equity | GBX9.20 Million | 100.00% |
Thor Mining PLC Competitors by Market Cap
The table below lists competitors of Thor Mining PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Malvern International
LSE:MLVN
|
$78.51K |
|
SPECTRA7 MICROSYSTEMS
F:7M0A
|
$79.35K |
|
The Investment Company plc
LSE:INV
|
$79.35K |
|
Boostheat
PA:ALBOO
|
$79.79K |
|
Petards Group plc
LSE:PEG
|
$77.55K |
|
IXICO PLC
LSE:IXI
|
$77.52K |
|
EARNZ plc
LSE:EARN
|
$77.39K |
|
Eneraqua Technologies PLC
LSE:ETP
|
$76.80K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thor Mining PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,258,000 to 9,195,000, a change of -4,063,000 (-30.6%).
- Net loss of 7,441,000 reduced equity.
- Other comprehensive income decreased equity by 1,057,000.
- Other factors increased equity by 4,435,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-7.44 Million | -80.92% |
| Other Comprehensive Income | GBX-1.06 Million | -11.5% |
| Other Changes | GBX4.43 Million | +48.23% |
| Total Change | GBX- | -30.65% |
Book Value vs Market Value Analysis
This analysis compares Thor Mining 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: 56.01x
- 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 0.24x to 56.01x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | GBX2.63 | GBX0.63 | x |
| 2006-06-30 | GBX2.35 | GBX0.63 | x |
| 2007-06-30 | GBX1.47 | GBX0.63 | x |
| 2008-06-30 | GBX1.39 | GBX0.63 | x |
| 2009-06-30 | GBX1.08 | GBX0.63 | x |
| 2010-06-30 | GBX0.78 | GBX0.63 | x |
| 2011-06-30 | GBX0.51 | GBX0.63 | x |
| 2012-06-30 | GBX0.41 | GBX0.63 | x |
| 2013-06-30 | GBX0.28 | GBX0.63 | x |
| 2014-06-30 | GBX0.18 | GBX0.63 | x |
| 2015-06-30 | GBX0.08 | GBX0.63 | x |
| 2016-06-30 | GBX0.06 | GBX0.63 | x |
| 2017-06-30 | GBX0.03 | GBX0.63 | x |
| 2018-06-30 | GBX0.02 | GBX0.63 | x |
| 2019-06-30 | GBX0.17 | GBX0.63 | x |
| 2020-06-30 | GBX0.13 | GBX0.63 | x |
| 2021-06-30 | GBX0.08 | GBX0.63 | x |
| 2022-06-30 | GBX0.07 | GBX0.63 | x |
| 2023-06-30 | GBX0.06 | GBX0.63 | x |
| 2024-06-30 | GBX0.03 | GBX0.63 | x |
| 2025-06-30 | GBX0.01 | GBX0.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thor Mining 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): -80.92%
- 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: 1.03x
- Recent ROE (-80.92%) is below the historical average (-17.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -4.38% | 0.00% | 0.00x | 1.00x | GBX-325.10K |
| 2006 | -35.98% | 0.00% | 0.00x | 1.05x | GBX-874.10K |
| 2007 | -20.72% | 0.00% | 0.00x | 1.04x | GBX-2.06 Million |
| 2008 | -13.73% | 0.00% | 0.00x | 1.03x | GBX-1.86 Million |
| 2009 | -17.86% | 0.00% | 0.00x | 1.02x | GBX-1.92 Million |
| 2010 | -25.43% | 0.00% | 0.00x | 1.03x | GBX-2.45 Million |
| 2011 | -32.19% | 0.00% | 0.00x | 1.01x | GBX-3.74 Million |
| 2012 | -9.16% | 0.00% | 0.00x | 1.02x | GBX-2.01 Million |
| 2013 | -11.15% | 0.00% | 0.00x | 1.08x | GBX-2.13 Million |
| 2014 | -8.01% | 0.00% | 0.00x | 1.09x | GBX-1.75 Million |
| 2015 | -9.82% | 0.00% | 0.00x | 1.13x | GBX-1.85 Million |
| 2016 | -18.00% | 0.00% | 0.00x | 1.06x | GBX-2.71 Million |
| 2017 | -12.64% | 0.00% | 0.00x | 1.05x | GBX-2.24 Million |
| 2018 | -10.89% | 0.00% | 0.00x | 1.03x | GBX-2.40 Million |
| 2019 | -6.12% | 0.00% | 0.00x | 1.02x | GBX-2.01 Million |
| 2020 | -8.22% | 0.00% | 0.00x | 1.02x | GBX-2.27 Million |
| 2021 | -17.09% | 0.00% | 0.00x | 1.06x | GBX-3.33 Million |
| 2022 | -10.64% | 0.00% | 0.00x | 0.88x | GBX-2.98 Million |
| 2023 | -3.65% | 0.00% | 0.00x | 1.04x | GBX-1.95 Million |
| 2024 | -18.66% | 0.00% | 0.00x | 1.02x | GBX-3.80 Million |
| 2025 | -80.92% | 0.00% | 0.00x | 1.03x | GBX-8.36 Million |
Industry Comparison
This section compares Thor Mining 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: $3,307,603,898
- Average return on equity (ROE) among peers: -65.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thor Mining PLC (THR) | GBX8.12 Million | -4.38% | 0.03x | $78.33K |
| 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 Thor Mining PLC
Thor Energy Plc engages in the exploration and development of mineral properties in Australia. It explores for uranium, vanadium, copper, tungsten, molybdenum, gold, lithium, nickel, and other mineral deposits. The company holds interests in the Wedding Bell uranium and the Radium Mountain projects located in Colorado and the Vanadium King project located in south-east Utah. It also holds interes… Read more