Cyprium Metals Limited
Cyprium Metals Limited engages in the identifying, exploration, evaluation, and development of mineral properties in Australia. It explores for copper and gold deposits. The company's flagship property is the Nifty Copper Complex located on the western edge of the Great Sandy Desert in the north-eastern Pilbara region, Western Australia. The company was incorporated in 1983 and is based in Subiac… Read more
Cyprium Metals Limited (CYPMF) - Net Assets
Latest net assets as of December 2023: $92.33 Million USD
Based on the latest financial reports, Cyprium Metals Limited (CYPMF) has net assets worth $92.33 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($182.93 Million) and total liabilities ($90.60 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 | $92.33 Million |
| % of Total Assets | 50.47% |
| Annual Growth Rate | -3.82% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.22 |
Cyprium Metals Limited - Net Assets Trend (2021–2023)
This chart illustrates how Cyprium Metals 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 Cyprium Metals Limited (2021–2023)
The table below shows the annual net assets of Cyprium Metals Limited from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $80.78 Million | +0.50% |
| 2022-12-31 | $80.38 Million | -7.95% |
| 2021-12-31 | $87.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cyprium Metals 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 5496500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $317.48 Million | 393.03% |
| Total Equity | $80.78 Million | 100.00% |
Cyprium Metals Limited Competitors by Market Cap
The table below lists competitors of Cyprium Metals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nusatama Berkah Tbk PT
JK:NTBK
|
$3.60 Million |
|
Namibia Critical Metals Inc
PINK:NMREF
|
$3.60 Million |
|
Emergent Metals Corp
V:EMR
|
$3.60 Million |
|
Fab-Form Industries Ltd.
V:FBF
|
$3.61 Million |
|
Eezy PLC
HE:EEZY
|
$3.60 Million |
|
Riley Gold Corp
OTCQB:RLYGF
|
$3.60 Million |
|
Errawarra Resources Ltd
AU:ERW
|
$3.60 Million |
|
ROCHE HLDG DR
MU:RHO5
|
$3.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cyprium Metals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 80,380,000 to 80,779,000, a change of 399,000 (0.5%).
- Net loss of 12,588,000 reduced equity.
- Share repurchases of 2,270,000 reduced equity.
- New share issuances of 31,619,000 increased equity.
- Other factors decreased equity by 16,362,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.59 Million | -15.58% |
| Share Repurchases | $2.27 Million | -2.81% |
| Share Issuances | $31.62 Million | +39.14% |
| Other Changes | $-16.36 Million | -20.26% |
| Total Change | $- | 0.50% |
Book Value vs Market Value Analysis
This analysis compares Cyprium Metals 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: 0.05x
- 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.
- The price-to-book ratio has decreased from 0.17x to 0.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.14 | $0.02 | x |
| 2022-12-31 | $2.66 | $0.02 | x |
| 2023-12-31 | $0.52 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cyprium Metals 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): -15.58%
- 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: 2.14x
- Recent ROE (-15.58%) is above the historical average (-26.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -30.54% | 0.00% | 0.00x | 1.99x | $-35.40 Million |
| 2022 | -34.18% | 0.00% | 0.00x | 1.92x | $-35.51 Million |
| 2023 | -15.58% | 0.00% | 0.00x | 2.14x | $-20.67 Million |
Industry Comparison
This section compares Cyprium Metals Limited's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $772,452,903
- Average return on equity (ROE) among peers: -135.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cyprium Metals Limited (CYPMF) | $92.33 Million | -30.54% | 0.98x | $3.60 Million |
| Atlas Consolidated Mining and Development Corporation (ACMDY) | $5.76 Billion | -13.16% | 2.06x | $240.13 Million |
| Antofagasta PLC (ANFGF) | $1.28 Billion | 7.59% | 0.93x | $6.24 Billion |
| Trinity One Metals Ltd. (ARJNF) | $-188.82K | 0.00% | 0.00x | $100.13K |
| Amerigo Resources Ltd. (ARREF) | $132.68 Million | 0.00% | 0.55x | $151.75 Million |
| Arizona Sonoran Copper Company Inc. (ASCUF) | $44.08 Million | -29.63% | 0.23x | $218.14 Million |
| Alta Copper Corp. (ATCUF) | $62.65 Million | -1.27% | 0.02x | $17.41 Million |
| Atalaya Mining Plc (ATLMF) | $435.90 Million | 30.66% | 0.34x | $433.10 Million |
| Bell Copper Corporation (BCUFF) | $9.40 Million | -12.90% | 0.16x | $2.22 Million |
| Giant Mining Corp. (BFGFF) | $824.41K | -253.66% | 0.31x | $18.49 Million |
| Blue River Resources Ltd (BRVRF) | $145.98K | -1083.66% | 2.72x | $704.59K |