NQ Minerals Plc
NQ Minerals Plc operates as an exploration and mining company in Australia. It explores for gold, pyrite, silver, lead, and zinc ores. The company's flagship project is the Hellyer gold mine located in Tasmania. NQ Minerals Plc was incorporated in 2015 and is based in Surfers Paradise, Australia.
NQ Minerals Plc (NQMLF) - Net Assets
Latest net assets as of June 2020: $-73.23 Million USD
Based on the latest financial reports, NQ Minerals Plc (NQMLF) has net assets worth $-73.23 Million USD as of June 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($51.48 Million) and total liabilities ($124.72 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 | $-73.23 Million |
| % of Total Assets | -142.24% |
| Annual Growth Rate | N/A |
| 5-Year Change | -5777.54% |
| 10-Year Change | N/A |
| Growth Volatility | 11444.12 |
NQ Minerals Plc - Net Assets Trend (2014–2019)
This chart illustrates how NQ Minerals Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NQ Minerals Plc (2014–2019)
The table below shows the annual net assets of NQ Minerals Plc from 2014 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-12-31 | $-56.38 Million | -198.49% |
| 2018-12-31 | $-18.89 Million | -730.65% |
| 2017-12-31 | $3.00 Million | +27127.27% |
| 2016-12-31 | $11.00K | -98.89% |
| 2015-12-31 | $993.00K | +3872.00% |
| 2014-12-31 | $25.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to NQ Minerals 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 8339900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $330.00K | % |
| Other Components | $26.83 Million | % |
| Total Equity | $-56.38 Million | 100.00% |
NQ Minerals Plc Competitors by Market Cap
The table below lists competitors of NQ Minerals Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GRUPO BIMBO-A (4GM.SG)
STU:4GM
|
$27.48K |
|
DOUJA PROM ADDOHA
BC:DOUJA-PROM-ADDOHA
|
$27.49K |
|
Attock Refinery Ltd
KAR:ATRL
|
$27.49K |
|
EBFI
PINK:EBFI
|
$27.54K |
|
ALBIS LEASING AG - Dusseldorf Stock Exchang
DU:ALG
|
$27.40K |
|
SURAKSHA
NSE:SURAKSHA
|
$27.40K |
|
ADVANCED EMISSIONS
BE:OXQ1
|
$27.39K |
|
AD PEPPER MEDIA - Dusseldorf Stock Exchang
DU:APM
|
$27.36K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NQ Minerals Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from -18,888,000 to -56,378,000, a change of -37,490,000.
- Net loss of 35,940,000 reduced equity.
- New share issuances of 302,000 increased equity.
- Other factors decreased equity by 1,852,000.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-35.94 Million | -63.75% |
| Share Issuances | $302.00K | +0.54% |
| Other Changes | $-1.85 Million | -3.28% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares NQ Minerals 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.01 | $0.00 | x |
| 2018-12-31 | $-0.06 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NQ Minerals 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -132.01%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-3794.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -408.00% | 0.00% | 0.00x | 7.52x | $-104.50K |
| 2015 | -52.06% | 0.00% | 0.00x | 1.09x | $-616.30K |
| 2016 | -21736.36% | 0.00% | 0.00x | 326.82x | $-2.39 Million |
| 2017 | -570.72% | 0.00% | 0.00x | 12.97x | $-17.39 Million |
| 2018 | 0.00% | -783.74% | 0.07x | 0.00x | $-23.56 Million |
| 2019 | 0.00% | -132.01% | 0.56x | 0.00x | $-30.30 Million |
Industry Comparison
This section compares NQ Minerals 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: $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 |
|---|---|---|---|---|
| NQ Minerals Plc (NQMLF) | $-73.23 Million | -408.00% | N/A | $27.48K |
| 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 |