Meteoric Resources NL
Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. The company explores for gold, copper, and diamond deposits. It also owns Webb JV project covers an area of 961 square kilometers located in Western Australia; and the Warrego North IOCG project located in the Northern Territory. In addition, the company holds interests in the Caldei… Read more
Meteoric Resources NL (METOF) - Net Assets
Latest net assets as of June 2025: $8.43 Million USD
Based on the latest financial reports, Meteoric Resources NL (METOF) has net assets worth $8.43 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 ($17.01 Million) and total liabilities ($8.58 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 | $8.43 Million |
| % of Total Assets | 49.57% |
| Annual Growth Rate | 5.23% |
| 5-Year Change | 81.12% |
| 10-Year Change | N/A |
| Growth Volatility | 349.21 |
Meteoric Resources NL - Net Assets Trend (2020–2025)
This chart illustrates how Meteoric Resources NL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Meteoric Resources NL (2020–2025)
The table below shows the annual net assets of Meteoric Resources NL from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $8.43 Million | +1.46% |
| 2024-06-30 | $8.31 Million | -47.65% |
| 2023-06-30 | $15.88 Million | +836.71% |
| 2022-06-30 | $1.70 Million | -63.59% |
| 2021-06-30 | $4.66 Million | -28.76% |
| 2020-06-30 | $6.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Meteoric Resources NL'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 10442923300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $144.03 Million | 1707.74% |
| Total Equity | $8.43 Million | 100.00% |
Meteoric Resources NL Competitors by Market Cap
The table below lists competitors of Meteoric Resources NL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SMARTOPTICS GRP AS NK-02
F:3YL
|
$105.49 Million |
|
Bombay Dyeing & Mfg Company Limited
NSE:BOMDYEING
|
$105.52 Million |
|
Lealea Enterprise Co Ltd
TW:1444
|
$105.55 Million |
|
Sikarin Public Company Limited
BK:SKR
|
$105.56 Million |
|
Crossject
PA:ALCJ
|
$105.49 Million |
|
Fury Gold Mines Ltd
NYSE MKT:FURY
|
$105.47 Million |
|
Altius Renewable Royalties Corp
OTCQX:ATRWF
|
$105.47 Million |
|
Laxmi Organic Industries Limited
NSE:LXCHEM
|
$105.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meteoric Resources NL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,312,737 to 8,433,784, a change of 121,047 (1.5%).
- Net loss of 36,467,526 reduced equity.
- Share repurchases of 1,589,737 reduced equity.
- New share issuances of 30,920,047 increased equity.
- Other factors increased equity by 7,258,263.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-36.47 Million | -432.4% |
| Share Repurchases | $1.59 Million | -18.85% |
| Share Issuances | $30.92 Million | +366.62% |
| Other Changes | $7.26 Million | +86.06% |
| Total Change | $- | 1.46% |
Book Value vs Market Value Analysis
This analysis compares Meteoric Resources NL'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: 13.85x
- 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 9.42x to 13.85x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $0.01 | $0.05 | x |
| 2021-06-30 | $0.00 | $0.05 | x |
| 2022-06-30 | $0.00 | $0.05 | x |
| 2023-06-30 | $0.01 | $0.05 | x |
| 2024-06-30 | $0.00 | $0.05 | x |
| 2025-06-30 | $0.00 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meteoric Resources NL 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): -432.40%
- 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: 2.02x
- Recent ROE (-432.40%) is below the historical average (-248.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -109.32% | 0.00% | 0.00x | 1.03x | $-7.80 Million |
| 2021 | -194.22% | 0.00% | 0.00x | 1.11x | $-9.51 Million |
| 2022 | -327.69% | 0.00% | 0.00x | 1.25x | $-5.72 Million |
| 2023 | -232.98% | 0.00% | 0.00x | 1.14x | $-38.58 Million |
| 2024 | -196.88% | 0.00% | 0.00x | 1.98x | $-17.20 Million |
| 2025 | -432.40% | 0.00% | 0.00x | 2.02x | $-37.31 Million |
Industry Comparison
This section compares Meteoric Resources NL'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 |
|---|---|---|---|---|
| Meteoric Resources NL (METOF) | $8.43 Million | -109.32% | 1.02x | $105.49 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 |