Indiana Resources Limited
Indiana Resources Limited engages in the exploration of rare earth elements, gold, and base metals in Australia. It primarily holds interests in the Gawler Craton gold project that covers an area of 5,713 square kilometers located in South Australia. The company was formerly known as IMX Resources Limited and changed its name to Indiana Resources Limited in June 2016. Indiana Resources Limited wa… Read more
Indiana Resources Limited (GSMGF) - Net Assets
Latest net assets as of June 2024: $7.25 Million USD
Based on the latest financial reports, Indiana Resources Limited (GSMGF) has net assets worth $7.25 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 ($8.17 Million) and total liabilities ($922.00K). 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 | $7.25 Million |
| % of Total Assets | 88.71% |
| Annual Growth Rate | 1.04% |
| 5-Year Change | N/A |
| 10-Year Change | -74.82% |
| Growth Volatility | 165.09 |
Indiana Resources Limited - Net Assets Trend (1989–2024)
This chart illustrates how Indiana Resources 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 Indiana Resources Limited (1989–2024)
The table below shows the annual net assets of Indiana Resources Limited from 1989 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $7.25 Million | +22.12% |
| 2023-06-30 | $5.93 Million | +2.52% |
| 2022-06-30 | $5.79 Million | +171.66% |
| 2021-06-30 | $2.13 Million | +440.96% |
| 2020-06-30 | $-625.00K | -119.91% |
| 2019-06-30 | $3.14 Million | -59.04% |
| 2018-06-30 | $7.66 Million | -3.90% |
| 2017-06-30 | $7.97 Million | -1.98% |
| 2016-06-30 | $8.13 Million | -71.74% |
| 2015-06-30 | $28.78 Million | +18.48% |
| 2014-06-30 | $24.29 Million | -51.14% |
| 2013-06-30 | $49.72 Million | -7.86% |
| 2012-06-30 | $53.96 Million | -20.97% |
| 2011-06-30 | $68.28 Million | +36.35% |
| 2010-06-30 | $50.08 Million | -1.89% |
| 2009-06-30 | $51.04 Million | -26.82% |
| 2008-06-30 | $69.74 Million | +832.63% |
| 2007-06-30 | $7.48 Million | -46.81% |
| 2006-06-30 | $14.06 Million | +144.94% |
| 2005-06-30 | $5.74 Million | -3.36% |
| 2004-06-30 | $5.94 Million | -9.74% |
| 2003-06-30 | $6.58 Million | -15.13% |
| 2002-06-30 | $7.75 Million | +38.18% |
| 2001-06-30 | $5.61 Million | -21.64% |
| 2000-06-30 | $7.16 Million | +14.92% |
| 1999-06-30 | $6.23 Million | -24.94% |
| 1998-06-30 | $8.30 Million | -19.83% |
| 1997-06-30 | $10.35 Million | +376.48% |
| 1996-06-30 | $2.17 Million | +20.80% |
| 1995-06-30 | $1.80 Million | +207.00% |
| 1994-06-30 | $586.00K | -7.28% |
| 1993-06-30 | $632.00K | +29.24% |
| 1992-06-30 | $489.00K | -46.03% |
| 1991-06-30 | $906.00K | -24.56% |
| 1990-06-30 | $1.20 Million | -76.17% |
| 1989-06-30 | $5.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indiana Resources 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 2928800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $32.43 Million | 471.77% |
| Other Comprehensive Income | $5.18 Million | 75.35% |
| Total Equity | $6.88 Million | 100.00% |
Indiana Resources Limited Competitors by Market Cap
The table below lists competitors of Indiana Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dong Won Fish
KO:030720
|
$14.06 Million |
|
Tela Bio Inc
NASDAQ:TELA
|
$14.06 Million |
|
Young Poong Pa
KO:006740
|
$14.07 Million |
|
Amplitude Surgical SAS
PA:AMPLI
|
$14.07 Million |
|
SigmaTron International Inc
NASDAQ:SGMA
|
$14.05 Million |
|
Swissnet AG
F:81D
|
$14.04 Million |
|
JAG Bhd
KLSE:0024
|
$14.04 Million |
|
Danya Cebus
TA:DNYA
|
$14.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indiana Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,652,000 to 6,875,000, a change of 1,223,000 (21.6%).
- Net loss of 4,174,000 reduced equity.
- New share issuances of 4,918,000 increased equity.
- Other comprehensive income decreased equity by 298,000.
- Other factors increased equity by 777,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.17 Million | -60.71% |
| Share Issuances | $4.92 Million | +71.53% |
| Other Comprehensive Income | $-298.00K | -4.33% |
| Other Changes | $777.00K | +11.3% |
| Total Change | $- | 21.64% |
Book Value vs Market Value Analysis
This analysis compares Indiana Resources 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: 2.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 2.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | $6.55 | $0.03 | x |
| 1990-06-30 | $1.56 | $0.03 | x |
| 1991-06-30 | $1.18 | $0.03 | x |
| 1992-06-30 | $0.64 | $0.03 | x |
| 1993-06-30 | $0.75 | $0.03 | x |
| 1994-06-30 | $0.66 | $0.03 | x |
| 1995-06-30 | $2.23 | $0.03 | x |
| 1996-06-30 | $1.69 | $0.03 | x |
| 1997-06-30 | $5.40 | $0.03 | x |
| 1998-06-30 | $4.57 | $0.03 | x |
| 1999-06-30 | $3.13 | $0.03 | x |
| 2000-06-30 | $3.52 | $0.03 | x |
| 2001-06-30 | $2.67 | $0.03 | x |
| 2002-06-30 | $3.08 | $0.03 | x |
| 2003-06-30 | $2.46 | $0.03 | x |
| 2004-06-30 | $2.23 | $0.03 | x |
| 2005-06-30 | $2.01 | $0.03 | x |
| 2006-06-30 | $4.58 | $0.03 | x |
| 2007-06-30 | $2.11 | $0.03 | x |
| 2008-06-30 | $18.47 | $0.03 | x |
| 2009-06-30 | $12.81 | $0.03 | x |
| 2010-06-30 | $11.30 | $0.03 | x |
| 2011-06-30 | $10.14 | $0.03 | x |
| 2012-06-30 | $7.69 | $0.03 | x |
| 2013-06-30 | $5.32 | $0.03 | x |
| 2014-06-30 | $3.06 | $0.03 | x |
| 2015-06-30 | $2.04 | $0.03 | x |
| 2016-06-30 | $0.01 | $0.03 | x |
| 2017-06-30 | $0.14 | $0.03 | x |
| 2018-06-30 | $0.10 | $0.03 | x |
| 2019-06-30 | $0.05 | $0.03 | x |
| 2020-06-30 | $0.00 | $0.03 | x |
| 2021-06-30 | $0.01 | $0.03 | x |
| 2022-06-30 | $0.01 | $0.03 | x |
| 2023-06-30 | $0.01 | $0.03 | x |
| 2024-06-30 | $0.01 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indiana Resources 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): -60.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1987.62%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.19x
- Recent ROE (-60.71%) is below the historical average (-50.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | -321.82% | -16804.35% | 0.02x | 1.02x | $-3.99 Million |
| 1991 | -0.11% | -20.00% | 0.01x | 1.01x | $-91.60K |
| 1992 | 2.04% | 0.00% | 0.00x | 1.13x | $-38.90K |
| 1993 | 0.47% | 0.00% | 0.00x | 1.08x | $-60.20K |
| 1994 | 1.64% | 0.00% | 0.00x | 1.17x | $-51.10K |
| 1997 | -11.01% | -501.31% | 0.02x | 1.06x | $-2.18 Million |
| 1998 | -28.73% | 0.00% | 0.00x | 1.06x | $-3.21 Million |
| 1999 | -34.75% | 0.00% | 0.00x | 1.05x | $-2.79 Million |
| 2000 | -24.86% | 0.00% | 0.00x | 1.04x | $-2.50 Million |
| 2001 | -53.15% | 0.00% | 0.00x | 1.04x | $-3.54 Million |
| 2002 | -25.50% | 0.00% | 0.00x | 1.02x | $-2.75 Million |
| 2003 | -17.92% | 0.00% | 0.00x | 1.16x | $-1.84 Million |
| 2004 | 1.63% | 0.00% | 0.00x | 1.49x | $-505.55K |
| 2005 | 0.00% | 0.11% | 0.02x | 1.22x | $-583.57K |
| 2006 | -14.05% | 0.00% | 0.00x | 1.11x | $-3.40 Million |
| 2007 | -114.68% | -852.06% | 0.11x | 1.22x | $-9.43 Million |
| 2008 | -7.13% | 0.00% | 0.00x | 1.02x | $-11.95 Million |
| 2009 | 0.55% | 0.00% | 0.00x | 1.03x | $-4.82 Million |
| 2010 | -16.97% | 0.00% | 0.00x | 1.15x | $-13.50 Million |
| 2011 | 12.51% | 13.21% | 0.53x | 1.78x | $1.62 Million |
| 2012 | -44.87% | -10.85% | 1.59x | 2.60x | $-25.33 Million |
| 2013 | -58.07% | -13.17% | 1.89x | 2.33x | $-29.87 Million |
| 2014 | -80.24% | 0.00% | 0.00x | 1.17x | $-21.92 Million |
| 2015 | -23.19% | 0.00% | 0.00x | 1.27x | $-8.15 Million |
| 2016 | -316.73% | 0.00% | 0.00x | 1.28x | $-23.51 Million |
| 2017 | -42.26% | 0.00% | 0.00x | 1.21x | $-3.68 Million |
| 2018 | -26.66% | 0.00% | 0.00x | 1.18x | $-2.47 Million |
| 2019 | -199.90% | 0.00% | 0.00x | 1.51x | $-6.59 Million |
| 2020 | 0.00% | -14584.78% | 0.07x | 0.00x | $-6.65 Million |
| 2021 | -78.74% | 0.00% | 0.00x | 1.46x | $-1.89 Million |
| 2022 | -38.85% | -105700.00% | 0.00x | 1.21x | $-2.66 Million |
| 2023 | -35.28% | -33233.33% | 0.00x | 1.22x | $-2.56 Million |
| 2024 | -60.71% | -1987.62% | 0.03x | 1.19x | $-4.86 Million |
Industry Comparison
This section compares Indiana Resources Limited's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indiana Resources Limited (GSMGF) | $7.25 Million | -321.82% | 0.13x | $14.05 Million |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |