Nova Minerals Limited
Nova Minerals Limited engages in the exploration of mineral properties in Australia and the United States. The company explores for gold, antimony, and critical minerals. It owns 85% interest in the flagship Estelle Gold project comprising 803 mining claims covering an area of 514 square kilometers located in the State of Alaska. The company was formerly known as Quantum Resources Limited and cha… Read more
Nova Minerals Limited (NVA) - Net Assets
Latest net assets as of June 2025: $109.86 Million USD
Based on the latest financial reports, Nova Minerals Limited (NVA) has net assets worth $109.86 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($112.54 Million) and total liabilities ($2.69 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $109.86 Million |
| % of Total Assets | 97.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | 108.93% |
| 10-Year Change | N/A |
| Growth Volatility | 3506.92 |
Nova Minerals Limited - Net Assets Trend (1989–2025)
This chart illustrates how Nova Minerals Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nova Minerals Limited (1989–2025)
The table below shows the annual net assets of Nova Minerals Limited from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $109.86 Million | +11.66% |
| 2024-06-30 | $98.38 Million | -13.23% |
| 2023-06-30 | $113.39 Million | +8.68% |
| 2022-06-30 | $104.33 Million | +98.42% |
| 2021-06-30 | $52.58 Million | +191.52% |
| 2020-06-30 | $18.04 Million | +62.21% |
| 2019-06-30 | $11.12 Million | +49.69% |
| 2018-06-30 | $7.43 Million | +90.46% |
| 2017-06-30 | $3.90 Million | +373313.78% |
| 2016-06-30 | $-1.04K | +99.73% |
| 2015-06-30 | $-393.45K | -40.73% |
| 2014-06-30 | $-279.58K | -134.45% |
| 2013-06-30 | $811.46K | -21.06% |
| 2012-06-30 | $1.03 Million | -28.23% |
| 2011-06-30 | $1.43 Million | -10.11% |
| 2010-06-30 | $1.59 Million | -14.44% |
| 2009-06-30 | $1.86 Million | +95.06% |
| 2008-06-30 | $954.76K | +23.75% |
| 2007-06-30 | $771.51K | -52.88% |
| 2006-06-30 | $1.64 Million | +147.91% |
| 2005-06-30 | $660.38K | 0.00% |
| 2004-06-30 | $660.38K | +244.99% |
| 2003-06-30 | $191.42K | +117.31% |
| 2002-06-30 | $-1.11 Million | -399.95% |
| 2001-06-30 | $368.59K | +122.83% |
| 2000-06-30 | $-1.61 Million | -130.35% |
| 1999-06-30 | $5.32 Million | -63.32% |
| 1998-06-30 | $14.50 Million | -21.65% |
| 1997-06-30 | $18.51 Million | +252.34% |
| 1996-06-30 | $5.25 Million | +210.92% |
| 1995-06-30 | $-4.74 Million | -109.74% |
| 1994-06-30 | $-2.26 Million | +60.74% |
| 1993-06-30 | $-5.75 Million | -31.59% |
| 1992-06-30 | $-4.37 Million | +1.60% |
| 1991-06-30 | $-4.44 Million | -17868.00% |
| 1990-06-30 | $25.00K | +100.44% |
| 1989-06-30 | $-5.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nova Minerals 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 4302476900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $167.04 Million | 163.50% |
| Other Comprehensive Income | $4.43 Million | 4.34% |
| Other Components | $7.98 Million | 7.81% |
| Total Equity | $102.16 Million | 100.00% |
Nova Minerals Limited Competitors by Market Cap
The table below lists competitors of Nova Minerals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Great Taipei Gas Corp
TW:9908
|
$283.48 Million |
|
Atlanticus Holdings Corporation
NASDAQ:ATLC
|
$283.52 Million |
|
Jiangsu Flag Chemical Industry Co Ltd
SHE:300575
|
$283.54 Million |
|
Akebia Therapeutics Inc
F:AX9
|
$283.56 Million |
|
Foosung
KO:093370
|
$283.38 Million |
|
NUEV.EXP.TEX.INH.EO-016
F:B02
|
$283.32 Million |
|
Foresee Pharmaceuticals Co Ltd
TWO:6576
|
$283.30 Million |
|
Jiangsu Boiln Plastics Co. Ltd.
SHE:301003
|
$283.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nova Minerals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 90,695,247 to 102,162,911, a change of 11,467,664 (12.6%).
- Net loss of 9,760,401 reduced equity.
- New share issuances of 8,472,091 increased equity.
- Other comprehensive income increased equity by 500,189.
- Other factors increased equity by 12,255,785.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.76 Million | -9.55% |
| Share Issuances | $8.47 Million | +8.29% |
| Other Comprehensive Income | $500.19K | +0.49% |
| Other Changes | $12.26 Million | +12.0% |
| Total Change | $- | 12.64% |
Book Value vs Market Value Analysis
This analysis compares Nova Minerals 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: 0.30x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | $-0.38 | $6.36 | x |
| 1990-06-30 | $-0.04 | $6.36 | x |
| 1991-06-30 | $-0.30 | $6.36 | x |
| 1992-06-30 | $-177.31 | $6.36 | x |
| 1993-06-30 | $-361.58 | $6.36 | x |
| 1994-06-30 | $-73.27 | $6.36 | x |
| 1995-06-30 | $-109.33 | $6.36 | x |
| 1996-06-30 | $50.09 | $6.36 | x |
| 1997-06-30 | $643.47 | $6.36 | x |
| 1998-06-30 | $486.92 | $6.36 | x |
| 1999-06-30 | $178.62 | $6.36 | x |
| 2000-06-30 | $-54.20 | $6.36 | x |
| 2001-06-30 | $9.82 | $6.36 | x |
| 2002-06-30 | $-29.67 | $6.36 | x |
| 2003-06-30 | $4.42 | $6.36 | x |
| 2004-06-30 | $13.35 | $6.36 | x |
| 2005-06-30 | $13.02 | $6.36 | x |
| 2006-06-30 | $30.27 | $6.36 | x |
| 2007-06-30 | $12.86 | $6.36 | x |
| 2008-06-30 | $14.71 | $6.36 | x |
| 2009-06-30 | $35.56 | $6.36 | x |
| 2010-06-30 | $15.26 | $6.36 | x |
| 2011-06-30 | $13.71 | $6.36 | x |
| 2012-06-30 | $9.84 | $6.36 | x |
| 2013-06-30 | $7.77 | $6.36 | x |
| 2014-06-30 | $-2.68 | $6.36 | x |
| 2015-06-30 | $-3.70 | $6.36 | x |
| 2016-06-30 | $0.00 | $6.36 | x |
| 2017-06-30 | $6.93 | $6.36 | x |
| 2018-06-30 | $6.58 | $6.36 | x |
| 2019-06-30 | $6.76 | $6.36 | x |
| 2020-06-30 | $9.64 | $6.36 | x |
| 2021-06-30 | $18.06 | $6.36 | x |
| 2022-06-30 | $30.71 | $6.36 | x |
| 2023-06-30 | $31.84 | $6.36 | x |
| 2024-06-30 | $25.73 | $6.36 | x |
| 2025-06-30 | $21.31 | $6.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nova Minerals 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): -9.55%
- 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: 1.10x
- Recent ROE (-9.55%) is above the historical average (-41.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 0.00% | 0.00% | 0.00x | 0.00x | $-250.40K |
| 1990 | 0.00% | 0.00% | 0.00x | 0.00x | $8.07 Million |
| 1991 | 0.00% | 0.00% | 0.00x | 0.00x | $22.90K |
| 1992 | 0.00% | 0.00% | 0.00x | 0.00x | $608.50K |
| 1993 | 0.00% | 0.00% | 0.00x | 0.00x | $1.23 Million |
| 1994 | 0.00% | 0.00% | 0.00x | 0.00x | $360.30K |
| 1995 | 0.00% | 0.00% | 0.00x | 0.00x | $1.80 Million |
| 1996 | 161.68% | 0.00% | 0.00x | 10.61x | $2.20 Million |
| 1997 | 25.75% | 0.00% | 0.00x | 1.03x | $2.92 Million |
| 1999 | -118.14% | 0.00% | 0.00x | 1.12x | $-6.82 Million |
| 2000 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.77 Million |
| 2001 | -649.23% | 0.00% | 0.00x | 4.24x | $-2.43 Million |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.36 Million |
| 2003 | -343.23% | 0.00% | 0.00x | 2.62x | $-676.14K |
| 2004 | 1.55% | 0.04% | 33.86x | 1.12x | $-55.78K |
| 2005 | -79.80% | -0.66% | 106.95x | 1.12x | $-593.04K |
| 2006 | -13.94% | -0.13% | 98.73x | 1.05x | $-391.91K |
| 2007 | -98.82% | -0.40% | 232.32x | 1.07x | $-839.55K |
| 2008 | -100.21% | -0.45% | 146.38x | 1.52x | $-1.05 Million |
| 2009 | -47.99% | -0.17% | 208.14x | 1.33x | $-1.08 Million |
| 2010 | -15.79% | -0.07% | 169.70x | 1.24x | $-410.90K |
| 2011 | -10.88% | -0.04% | 218.56x | 1.17x | $-299.10K |
| 2012 | -41.89% | -0.12% | 267.35x | 1.27x | $-533.41K |
| 2013 | -28.60% | -0.10% | 179.97x | 1.66x | $-313.24K |
| 2014 | 0.00% | -0.50% | 2405.53x | 0.00x | $-1.04 Million |
| 2015 | 0.00% | -0.07% | 28963.45x | 0.00x | $-136.92K |
| 2016 | 0.00% | -0.86% | 1294.94x | 0.00x | $-1.94 Million |
| 2017 | -41.28% | -0.63% | 64.52x | 1.02x | $-2.00 Million |
| 2018 | -18.94% | -0.37% | 48.78x | 1.04x | $-2.15 Million |
| 2019 | -28.20% | -0.44% | 47.20x | 1.35x | $-3.33 Million |
| 2020 | -24.60% | -0.68% | 26.30x | 1.38x | $-5.37 Million |
| 2021 | -6.17% | -0.68% | 7.47x | 1.22x | $-7.56 Million |
| 2022 | 33.47% | 3.66% | 8.17x | 1.12x | $22.71 Million |
| 2023 | -9.69% | -0.59% | 14.27x | 1.16x | $-20.79 Million |
| 2024 | -16.09% | -1.16% | 11.78x | 1.18x | $-23.66 Million |
| 2025 | -9.55% | 0.00% | -0.06x | 1.10x | $-19.98 Million |
Industry Comparison
This section compares Nova Minerals Limited'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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nova Minerals Limited (NVA) | $109.86 Million | 0.00% | 0.02x | $283.41 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |