Adrian Resources Ltd
Alaris Equity Partners Income Trust is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas res… Read more
Adrian Resources Ltd (ADLRF) - Net Assets
Latest net assets as of June 2025: $1.07 Billion USD
Based on the latest financial reports, Adrian Resources Ltd (ADLRF) has net assets worth $1.07 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.25 Billion) and total liabilities ($178.51 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 | $1.07 Billion |
| % of Total Assets | 85.73% |
| Annual Growth Rate | 16.17% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.57 |
Adrian Resources Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Adrian 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 Adrian Resources Ltd (2020–2024)
The table below shows the annual net assets of Adrian Resources Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.10 Billion | +14.69% |
| 2023-12-31 | $960.82 Million | +6.97% |
| 2022-12-31 | $898.25 Million | +13.87% |
| 2021-12-31 | $788.86 Million | +30.39% |
| 2020-12-31 | $605.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adrian 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 grown by 42374300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $338.72 Million | 30.74% |
| Other Components | $763.25 Million | 69.26% |
| Total Equity | $1.10 Billion | 100.00% |
Adrian Resources Ltd Competitors by Market Cap
The table below lists competitors of Adrian Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eckert & Ziegler Strahlen- und Medizintechnik AG
F:EUZ
|
$610.05 Million |
|
Liquidity Services Inc
NASDAQ:LQDT
|
$610.07 Million |
|
Beijing Utour International Travel Service Co Ltd
SHE:002707
|
$610.74 Million |
|
Yijiahe Technology Co Ltd
SHG:603666
|
$610.85 Million |
|
Southern Publishing&Media Co
SHG:601900
|
$609.77 Million |
|
ARIAKE JAPAN CO.LTD
F:5EF
|
$609.54 Million |
|
NioCorp Developments Ltd. Common Stock
NASDAQ:NB
|
$609.49 Million |
|
SandRidge Energy Inc
NYSE:SD
|
$609.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adrian Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 960,823,000 to 1,101,962,000, a change of 141,139,000 (14.7%).
- Net income of 234,415,000 contributed positively to equity growth.
- Dividend payments of 61,919,000 reduced retained earnings.
- Other factors decreased equity by 31,357,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $234.41 Million | +21.27% |
| Dividends Paid | $61.92 Million | -5.62% |
| Other Changes | $-31.36 Million | -2.85% |
| Total Change | $- | 14.69% |
Book Value vs Market Value Analysis
This analysis compares Adrian 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: 0.58x
- 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 0.90x to 0.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $15.51 | $13.93 | x |
| 2021-12-31 | $17.47 | $13.93 | x |
| 2022-12-31 | $19.84 | $13.93 | x |
| 2023-12-31 | $21.12 | $13.93 | x |
| 2024-12-31 | $24.15 | $13.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adrian 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): 21.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 151.25%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.09x
- Recent ROE (21.27%) is above the historical average (14.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 3.35% | 24.53% | 0.09x | 1.58x | $-40.21 Million |
| 2021 | 18.29% | 91.53% | 0.12x | 1.62x | $65.36 Million |
| 2022 | 14.55% | 57.32% | 0.17x | 1.53x | $40.85 Million |
| 2023 | 14.41% | 78.65% | 0.12x | 1.54x | $42.37 Million |
| 2024 | 21.27% | 151.25% | 0.13x | 1.09x | $124.22 Million |
Industry Comparison
This section compares Adrian Resources Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $277,763,714
- Average return on equity (ROE) among peers: -26.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adrian Resources Ltd (ADLRF) | $1.07 Billion | 3.35% | 0.17x | $609.82 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |