Bushveld Minerals Limited
Bushveld Minerals Limited operates as an integrated primary vanadium and energy storage solutions provider for the steel, energy, and chemical industries in South Africa, Europe, Asia, the United States, and internationally. The company offers nitro-vanadium, ferrovanadium, vanadium pentoxide flake, vanadium trioxide, sodium ammonium vanadate, and vanadium oxolate liquid chemical, as well as ammo… Read more
Bushveld Minerals Limited (BSHVF) - Net Assets
Latest net assets as of June 2024: $-39.29 Million USD
Based on the latest financial reports, Bushveld Minerals Limited (BSHVF) has net assets worth $-39.29 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($158.97 Million) and total liabilities ($198.26 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 | $-39.29 Million |
| % of Total Assets | -24.72% |
| Annual Growth Rate | 56.61% |
| 5-Year Change | -99.66% |
| 10-Year Change | -99.17% |
| Growth Volatility | 8486.53 |
Bushveld Minerals Limited - Net Assets Trend (2009–2023)
This chart illustrates how Bushveld Minerals 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 Bushveld Minerals Limited (2009–2023)
The table below shows the annual net assets of Bushveld Minerals Limited from 2009 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $810.00K | -99.23% |
| 2022-12-31 | $105.63 Million | -29.97% |
| 2021-12-31 | $150.83 Million | -29.52% |
| 2020-12-31 | $214.00 Million | -11.24% |
| 2019-12-31 | $241.09 Million | +51.02% |
| 2018-12-31 | $159.64 Million | +48.87% |
| 2017-12-31 | $107.23 Million | +39.67% |
| 2016-12-31 | $76.77 Million | -2.39% |
| 2015-12-31 | $78.65 Million | -19.30% |
| 2014-12-31 | $97.46 Million | -7.58% |
| 2013-12-31 | $105.45 Million | +26.91% |
| 2012-12-31 | $83.09 Million | +25581.18% |
| 2010-12-31 | $323.56K | +21215.02% |
| 2009-12-31 | $1.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bushveld Minerals 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 11800028881.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $26.94 Million | 5161.69% |
| Other Comprehensive Income | $-48.62 Million | -9314.03% |
| Other Components | $140.20 Million | 26858.86% |
| Total Equity | $522.00K | 100.00% |
Bushveld Minerals Limited Competitors by Market Cap
The table below lists competitors of Bushveld Minerals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orlen SA
PR:ORLEN
|
$231.16K |
|
PROGRESS-WERK (PWO.SG)
STU:PWO
|
$231.17K |
|
Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028
NASDAQ:ABLLL
|
$231.21K |
|
KARELIAN DIA.R. EO-00025
F:KJY1
|
$231.33K |
|
CANCOM (COK.SG)
STU:COK
|
$231.02K |
|
WhiteHorse Finance Inc. 7.875% Notes due 2028
NASDAQ:WHFCL
|
$230.94K |
|
MS-P-Q
PINK:MS-P-Q
|
$230.81K |
|
The Real Good Food Company, Inc.
NYSE:RGFC
|
$230.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bushveld Minerals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 69,048,000 to 522,000, a change of -68,526,000 (-99.2%).
- Net loss of 103,927,000 reduced equity.
- New share issuances of 794,000 increased equity.
- Other comprehensive income decreased equity by 11,792,325.
- Other factors increased equity by 46,399,325.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-103.93 Million | -19909.39% |
| Share Issuances | $794.00K | +152.11% |
| Other Comprehensive Income | $-11.79 Million | -2259.07% |
| Other Changes | $46.40 Million | +8888.76% |
| Total Change | $- | -99.24% |
Book Value vs Market Value Analysis
This analysis compares Bushveld Minerals 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: 10.73x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2013-12-31 | $0.30 | $0.00 | x |
| 2014-12-31 | $0.20 | $0.00 | x |
| 2015-12-31 | $0.17 | $0.00 | x |
| 2016-12-31 | $0.12 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.12 | $0.00 | x |
| 2019-12-31 | $0.18 | $0.00 | x |
| 2020-12-31 | $0.14 | $0.00 | x |
| 2021-12-31 | $0.10 | $0.00 | x |
| 2022-12-31 | $0.05 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bushveld Minerals 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): -19909.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -75.60%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 344.67x
- Recent ROE (-19909.39%) is below the historical average (-1426.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.14K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.64K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-78.72K |
| 2013 | -0.64% | 0.00% | 0.00x | 1.09x | $-10.38 Million |
| 2014 | -4.26% | 0.00% | 0.00x | 1.08x | $-12.93 Million |
| 2015 | -3.07% | 0.00% | 0.00x | 1.09x | $-10.03 Million |
| 2016 | -2.86% | -17246.46% | 0.00x | 1.06x | $-9.55 Million |
| 2017 | -2.08% | -43.14% | 0.02x | 2.27x | $-8.56 Million |
| 2018 | 23.26% | 15.73% | 0.91x | 1.62x | $17.22 Million |
| 2019 | 29.86% | 53.19% | 0.35x | 1.61x | $41.21 Million |
| 2020 | -18.52% | -34.00% | 0.25x | 2.15x | $-47.12 Million |
| 2021 | -27.55% | -30.78% | 0.36x | 2.52x | $-44.83 Million |
| 2022 | -56.44% | -26.25% | 0.55x | 3.88x | $-45.87 Million |
| 2023 | -19909.39% | -75.60% | 0.76x | 344.67x | $-103.98 Million |
Industry Comparison
This section compares Bushveld Minerals Limited'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 |
|---|---|---|---|---|
| Bushveld Minerals Limited (BSHVF) | $-39.29 Million | 0.00% | N/A | $231.10K |
| 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 |