Metals Acquisition Limited (MTAL) - Net Assets
Based on the latest financial reports, Metals Acquisition Limited (MTAL) has net assets worth $479.80 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 ($1.35 Billion) and total liabilities ($870.02 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. Check Metals Acquisition Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $479.80 Million |
| % of Total Assets | 35.55% |
| Annual Growth Rate | 31.67% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 50.87 |
Metals Acquisition Limited - Net Assets Trend (2021–2024)
This chart illustrates how Metals Acquisition Limited's net assets have evolved over time, based on quarterly financial data. Also explore Metals Acquisition Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Metals Acquisition Limited (2021–2024)
The table below shows the annual net assets of Metals Acquisition Limited from 2021 to 2024. For live valuation and market cap data, see Metals Acquisition Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $566.96 Million | +111.53% |
| 2023-12-31 | $268.03 Million | +9.62% |
| 2022-12-31 | $244.52 Million | -1.53% |
| 2021-12-31 | $248.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Metals Acquisition 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 21887073400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.00K | 0.00% |
| Other Comprehensive Income | $1.21 Million | 0.21% |
| Other Components | $801.45 Million | 141.36% |
| Total Equity | $566.96 Million | 100.00% |
Metals Acquisition Limited Competitors by Market Cap
The table below lists competitors of Metals Acquisition Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Haoxiangni Jujube Co Ltd
SHE:002582
|
$835.30 Million |
|
Citic Guoan Wine Co Ltd
SHG:600084
|
$835.34 Million |
|
HPGC Renmintongtai Pharmaceutical Corp
SHG:600829
|
$835.83 Million |
|
Black Diamond Group Limited
TO:BDI
|
$836.19 Million |
|
Haining China Leather Market Co Ltd
SHE:002344
|
$835.21 Million |
|
Saul Centers Inc
NYSE:BFS
|
$835.15 Million |
|
Shenzhen Infinova Ltd
SHE:002528
|
$834.92 Million |
|
D-MARKET E.S.+T.SP.ADR/1B
F:8WZ
|
$834.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metals Acquisition Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 268,027,000 to 566,959,000, a change of 298,932,000 (111.5%).
- Net loss of 81,687,000 reduced equity.
- New share issuances of 302,668,000 increased equity.
- Other factors increased equity by 77,951,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-81.69 Million | -14.41% |
| Share Issuances | $302.67 Million | +53.38% |
| Other Changes | $77.95 Million | +13.75% |
| Total Change | $- | 111.53% |
Book Value vs Market Value Analysis
This analysis compares Metals Acquisition 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: 1.28x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.49 | $10.12 | x |
| 2022-12-31 | $7.38 | $10.12 | x |
| 2023-12-31 | $8.96 | $10.12 | x |
| 2024-12-31 | $7.92 | $10.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metals Acquisition 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): -14.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.97%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 2.48x
- Recent ROE (-14.41%) is above the historical average (-17.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 4.36% | 0.00% | 0.00x | 1.07x | $-14.02 Million |
| 2022 | -5.43% | 0.00% | 0.00x | 1.11x | $-37.73 Million |
| 2023 | -53.93% | -90.92% | 0.12x | 4.87x | $-171.36 Million |
| 2024 | -14.41% | -23.97% | 0.24x | 2.48x | $-138.38 Million |
Industry Comparison
This section compares Metals Acquisition Limited's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $593,739,593
- Average return on equity (ROE) among peers: -14.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metals Acquisition Limited (MTAL) | $479.80 Million | 4.36% | 1.81x | $835.29 Million |
| COPRD (COPRD) | $-46.63K | 0.00% | 0.00x | $150.91 Million |
| Freeport-McMoran Copper & Gold Inc (FCX) | $1.23 Billion | 4.14% | 0.72x | $85.10 Billion |
| Ivanhoe Electric Inc. (IE) | $30.61 Million | -80.49% | 0.72x | $1.97 Billion |
| Southern Copper Corporation (SCCO) | $1.12 Billion | 16.62% | 0.38x | $151.92 Billion |
About Metals Acquisition Limited
MAC Copper Limited focuses on operating and acquiring metals and mining businesses in Australia. It operates the Cornish, Scottish and Australian underground copper mine in Cobar, Australia. The company was formerly known as Metals Acquisition Limited and changed its name to MAC Copper Limited in December 2024. MAC Copper Limited was incorporated in 2022 and is headquartered in Saint Helier, Jers… Read more