Iron Road Limited
Iron Road Limited explores for and evaluates iron ore properties in Australia. Its flagship project is the 100% owned Central Eyre iron project located in the Eyre Peninsula of South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia. Iron Road Limited operates as a subsidiary of Sentient Executive GP IV, Limited.
Iron Road Limited (IRNRF) - Net Assets
Latest net assets as of June 2025: $137.45 Million USD
Based on the latest financial reports, Iron Road Limited (IRNRF) has net assets worth $137.45 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 ($138.56 Million) and total liabilities ($1.11 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 | $137.45 Million |
| % of Total Assets | 99.2% |
| Annual Growth Rate | 21.25% |
| 5-Year Change | 1.2% |
| 10-Year Change | 10.16% |
| Growth Volatility | 47.24 |
Iron Road Limited - Net Assets Trend (2008–2025)
This chart illustrates how Iron Road 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 Iron Road Limited (2008–2025)
The table below shows the annual net assets of Iron Road Limited from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $137.45 Million | +3.78% |
| 2024-06-30 | $132.44 Million | +0.07% |
| 2023-06-30 | $132.34 Million | -1.10% |
| 2022-06-30 | $133.82 Million | -1.48% |
| 2021-06-30 | $135.83 Million | +10.28% |
| 2020-06-30 | $123.16 Million | -1.70% |
| 2019-06-30 | $125.29 Million | -0.74% |
| 2018-06-30 | $126.23 Million | -2.49% |
| 2017-06-30 | $129.46 Million | +3.75% |
| 2016-06-30 | $124.78 Million | -4.44% |
| 2015-06-30 | $130.58 Million | -3.58% |
| 2014-06-30 | $135.43 Million | +52.98% |
| 2013-06-30 | $88.53 Million | +64.13% |
| 2012-06-30 | $53.94 Million | +4153.45% |
| 2011-06-30 | $-1.33 Million | -154.12% |
| 2010-06-30 | $2.46 Million | +31.97% |
| 2009-06-30 | $1.86 Million | -64.15% |
| 2008-06-30 | $5.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Iron Road 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 4968926700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $181.84 Million | 132.29% |
| Other Comprehensive Income | $5.68 Million | 4.13% |
| Total Equity | $137.45 Million | 100.00% |
Iron Road Limited Competitors by Market Cap
The table below lists competitors of Iron Road Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Transworld Shipping Lines Limited
NSE:TRANSWORLD
|
$9.41 Million |
|
JV SPAC Acquisition Corp. Class A Ordinary Share
NASDAQ:JVSA
|
$9.41 Million |
|
EDA Group Holdings Limited
F:7OZ
|
$9.42 Million |
|
DigiCAP Co. Ltd
KQ:197140
|
$9.42 Million |
|
Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares
NASDAQ:ALCY
|
$9.41 Million |
|
BD MULTI MEDIA PORT.EO 2
F:6VD
|
$9.40 Million |
|
Labrador Gold Corp
OTCQB:NKOSF
|
$9.40 Million |
|
Mhethanol Co. Ltd.
KO:023150
|
$9.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iron Road Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 132,440,938 to 137,452,559, a change of 5,011,621 (3.8%).
- Net income of 5,045,807 contributed positively to equity growth.
- Share repurchases of 168,447 reduced equity.
- Other comprehensive income decreased equity by 139,139.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.05 Million | +3.67% |
| Share Repurchases | $168.45K | -0.12% |
| Other Comprehensive Income | $-139.14K | -0.1% |
| Other Changes | $273.40K | +0.2% |
| Total Change | $- | 3.78% |
Book Value vs Market Value Analysis
This analysis compares Iron Road 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: 0.22x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | $0.23 | $0.03 | x |
| 2009-06-30 | $0.07 | $0.03 | x |
| 2010-06-30 | $0.04 | $0.03 | x |
| 2011-06-30 | $-0.01 | $0.03 | x |
| 2012-06-30 | $0.36 | $0.03 | x |
| 2013-06-30 | $0.33 | $0.03 | x |
| 2014-06-30 | $0.24 | $0.03 | x |
| 2015-06-30 | $0.23 | $0.03 | x |
| 2016-06-30 | $0.21 | $0.03 | x |
| 2017-06-30 | $0.19 | $0.03 | x |
| 2018-06-30 | $0.19 | $0.03 | x |
| 2019-06-30 | $0.18 | $0.03 | x |
| 2020-06-30 | $0.18 | $0.03 | x |
| 2021-06-30 | $0.18 | $0.03 | x |
| 2022-06-30 | $0.17 | $0.03 | x |
| 2023-06-30 | $0.16 | $0.03 | x |
| 2024-06-30 | $0.16 | $0.03 | x |
| 2025-06-30 | $0.16 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iron Road 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): 3.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 65.60%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.01x
- Recent ROE (3.67%) is above the historical average (-41.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -7.33% | 0.00% | 0.00x | 1.03x | $-900.68K |
| 2009 | -247.16% | -1540133.78% | 0.00x | 1.26x | $-4.79 Million |
| 2010 | -459.54% | 0.00% | 0.00x | 1.71x | $-11.54 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-16.35 Million |
| 2012 | -4.71% | 0.00% | 0.00x | 1.05x | $-7.94 Million |
| 2013 | -5.45% | -607.97% | 0.01x | 1.07x | $-13.68 Million |
| 2014 | -3.46% | 0.00% | 0.00x | 1.01x | $-18.22 Million |
| 2015 | -3.76% | 0.00% | 0.00x | 1.02x | $-17.97 Million |
| 2016 | -5.35% | 0.00% | 0.00x | 1.04x | $-19.15 Million |
| 2017 | -3.03% | 0.00% | 0.00x | 1.02x | $-16.87 Million |
| 2018 | -2.58% | 0.00% | 0.00x | 1.05x | $-15.88 Million |
| 2019 | -1.73% | -10122.95% | 0.00x | 1.06x | $-14.69 Million |
| 2020 | -1.44% | -3486.79% | 0.00x | 1.07x | $-14.09 Million |
| 2021 | -4.00% | -10813.88% | 0.00x | 1.01x | $-19.02 Million |
| 2022 | -3.01% | -10594618.42% | 0.00x | 1.01x | $-17.41 Million |
| 2023 | -0.35% | -46.80% | 0.01x | 1.03x | $-13.70 Million |
| 2024 | -1.12% | -182.17% | 0.01x | 1.02x | $-14.73 Million |
| 2025 | 3.67% | 65.60% | 0.06x | 1.01x | $-8.70 Million |
Industry Comparison
This section compares Iron Road Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $10,879,360,340
- Average return on equity (ROE) among peers: 3.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iron Road Limited (IRNRF) | $137.45 Million | -7.33% | 0.01x | $9.41 Million |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| Aperam SA (APMSF) | $2.52 Billion | 11.35% | 0.72x | $1.31 Billion |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $280.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.74 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |