Bannerman Resources Ltd
Bannerman Energy Ltd engages in the exploration and development of uranium properties in Africa. The company's flagship property is the 95% owned Etango Project located in the Erongo Region of Namibia, Southern Africa. The company was formerly known as Bannerman Resources Limited and changed its name to Bannerman Energy Ltd in July 2021. Bannerman Energy Ltd was incorporated in 2005 and is based … Read more
Bannerman Resources Ltd (BNNLF) - Net Assets
Latest net assets as of June 2025: $186.69 Million USD
Based on the latest financial reports, Bannerman Resources Ltd (BNNLF) has net assets worth $186.69 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 ($195.35 Million) and total liabilities ($8.66 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 | $186.69 Million |
| % of Total Assets | 95.57% |
| Annual Growth Rate | 12.5% |
| 5-Year Change | 181.33% |
| 10-Year Change | 268.87% |
| Growth Volatility | 30.98 |
Bannerman Resources Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Bannerman Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bannerman Resources Ltd (2014–2025)
The table below shows the annual net assets of Bannerman Resources Ltd from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $186.69 Million | +76.60% |
| 2024-06-30 | $105.71 Million | -4.51% |
| 2023-06-30 | $110.70 Million | -6.10% |
| 2022-06-30 | $117.89 Million | +77.65% |
| 2021-06-30 | $66.36 Million | +28.28% |
| 2020-06-30 | $51.73 Million | -17.85% |
| 2019-06-30 | $62.97 Million | +0.30% |
| 2018-06-30 | $62.78 Million | +8.52% |
| 2017-06-30 | $57.85 Million | +14.30% |
| 2016-06-30 | $50.61 Million | -4.72% |
| 2015-06-30 | $53.12 Million | +3.98% |
| 2014-06-30 | $51.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bannerman Resources Ltd'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 3768100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $324.15 Million | 170.88% |
| Total Equity | $189.69 Million | 100.00% |
Bannerman Resources Ltd Competitors by Market Cap
The table below lists competitors of Bannerman Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Logistea A
ST:LOGI-A
|
$221.59 Million |
|
Prince Housing & Development Corp
TW:2511
|
$221.71 Million |
|
Tehmag Foods
TWO:1264
|
$221.83 Million |
|
XiAn Qujiang Cultural Tourism Co Ltd
SHG:600706
|
$221.83 Million |
|
Churchill Capital Corp X Class A Ordinary Shares
NASDAQ:CCCX
|
$221.49 Million |
|
Zhejiang HISUN Biomaterials Co. Ltd. A
SHG:688203
|
$221.49 Million |
|
Yutong Heavy Industries Co Ltd
SHG:600817
|
$221.49 Million |
|
TSS, Inc. Common Stock
NASDAQ:TSSI
|
$221.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bannerman Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 106,701,000 to 189,693,000, a change of 82,992,000 (77.8%).
- Net loss of 4,100,000 reduced equity.
- Share repurchases of 4,535,000 reduced equity.
- New share issuances of 85,001,000 increased equity.
- Other factors increased equity by 6,626,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.10 Million | -2.16% |
| Share Repurchases | $4.54 Million | -2.39% |
| Share Issuances | $85.00 Million | +44.81% |
| Other Changes | $6.63 Million | +3.49% |
| Total Change | $- | 77.78% |
Book Value vs Market Value Analysis
This analysis compares Bannerman Resources Ltd'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: 1.18x
- 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 |
|---|---|---|---|
| 2016-06-30 | $0.00 | $1.25 | x |
| 2017-06-30 | $0.07 | $1.25 | x |
| 2018-06-30 | $0.06 | $1.25 | x |
| 2019-06-30 | $0.06 | $1.25 | x |
| 2020-06-30 | $0.05 | $1.25 | x |
| 2021-06-30 | $0.06 | $1.25 | x |
| 2022-06-30 | $0.79 | $1.25 | x |
| 2023-06-30 | $0.74 | $1.25 | x |
| 2024-06-30 | $0.70 | $1.25 | x |
| 2025-06-30 | $1.06 | $1.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bannerman Resources Ltd 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): -2.16%
- 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: 1.03x
- Recent ROE (-2.16%) is above the historical average (-4.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -4.46% | -8010.34% | 0.00x | 1.17x | $-7.53 Million |
| 2015 | -7.64% | 0.00% | 0.00x | 1.19x | $-9.55 Million |
| 2016 | -0.22% | -2.55% | 0.09x | 1.01x | $-5.17 Million |
| 2017 | -4.62% | -2798.96% | 0.00x | 1.01x | $-8.50 Million |
| 2018 | -3.88% | -122300.00% | 0.00x | 1.01x | $-8.75 Million |
| 2019 | -3.53% | -15781.22% | 0.00x | 1.00x | $-8.56 Million |
| 2020 | -4.40% | 0.00% | 0.00x | 1.01x | $-7.44 Million |
| 2021 | -3.39% | 0.00% | 0.00x | 1.01x | $-8.89 Million |
| 2022 | -2.93% | 0.00% | 0.00x | 1.02x | $-15.25 Million |
| 2023 | -4.18% | 0.00% | 0.00x | 1.02x | $-15.75 Million |
| 2024 | -8.92% | 0.00% | 0.00x | 1.01x | $-20.19 Million |
| 2025 | -2.16% | 0.00% | 0.00x | 1.03x | $-23.07 Million |
Industry Comparison
This section compares Bannerman Resources Ltd's net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $11,879,489
- Average return on equity (ROE) among peers: -27.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bannerman Resources Ltd (BNNLF) | $186.69 Million | -4.46% | 0.05x | $221.50 Million |
| Anfield Energy Inc. (AEC) | $14.69 Million | -60.28% | 1.45x | $74.75 Million |
| AEMLF (AEMLF) | $7.09 Million | -26.99% | 0.04x | $2.04 Million |
| Alligator Energy Limited (ALGEF) | $8.63 Million | -11.42% | 0.05x | $63.13 Million |
| ALX Resources Corp (ALXEF) | $298.51K | -8.80% | 0.03x | $3.92 Million |
| Appia Energy Corp (APAAF) | $27.17 Million | -2.82% | 0.16x | $11.14 Million |
| Aura Energy Limited (AUEEF) | $16.57 Million | -16.64% | 0.03x | $55.36 Million |
| Azincourt Uranium Inc (AZURF) | $7.85 Million | -91.09% | 0.04x | $1.89 Million |
| Berkeley Energy Ltd (BKLRF) | $25.00 Million | -28.01% | 0.04x | $175.19 Million |
| Blue Sky Uranium Corp (BKUCF) | $-393.25K | 0.00% | 0.00x | $12.59 Million |