Ironveld Plc
Ironveld Plc, a holding company, engages in the development of a vanadiferous and titaniferous magnate deposit in South Africa. The company engages in the mining and smelting of vanadiferous-titaniferous-magnetite; and the processing of magnetite ore into high purity iron powders, vanadium slag, and titanium slag. It also owns an Sylvania Platinum Limited, Iron ore assets and interest in a high p… Read more
Ironveld Plc (IRVDF) - Net Assets
Latest net assets as of December 2024: $24.69 Million USD
Based on the latest financial reports, Ironveld Plc (IRVDF) has net assets worth $24.69 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($36.85 Million) and total liabilities ($12.16 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 | $24.69 Million |
| % of Total Assets | 67.0% |
| Annual Growth Rate | 3.25% |
| 5-Year Change | 23.8% |
| 10-Year Change | N/A |
| Growth Volatility | 14.41 |
Ironveld Plc - Net Assets Trend (2015–2024)
This chart illustrates how Ironveld Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ironveld Plc (2015–2024)
The table below shows the annual net assets of Ironveld Plc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $22.64 Million | +2.17% |
| 2023-06-30 | $22.16 Million | +6.92% |
| 2022-06-30 | $20.72 Million | -4.05% |
| 2021-06-30 | $21.60 Million | +18.13% |
| 2020-06-30 | $18.28 Million | -19.41% |
| 2019-06-30 | $22.69 Million | +4.57% |
| 2018-06-30 | $21.70 Million | +0.80% |
| 2017-06-30 | $21.52 Million | +34.62% |
| 2016-06-30 | $15.99 Million | -5.83% |
| 2015-06-30 | $16.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ironveld Plc'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 131100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $30.00 Million | 151.61% |
| Total Equity | $19.79 Million | 100.00% |
Ironveld Plc Competitors by Market Cap
The table below lists competitors of Ironveld Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avira Resources Ltd
AU:AVW
|
$1.27 Million |
|
Buligo Capital Ltd
TA:BLGO
|
$1.27 Million |
|
NRG ENERGY (NRA.SG)
STU:NRA
|
$1.27 Million |
|
AFRICAN PIONEER PLC O.N.
F:9TI
|
$1.27 Million |
|
Gabriel Resources Ltd
PINK:GBRRF
|
$1.27 Million |
|
Visible Gold Mines Inc
PINK:VGMIF
|
$1.27 Million |
|
Alliance Mining Corp
V:ALM
|
$1.27 Million |
|
Innovative Payment Solutions Inc
OTCQB:IPSI
|
$1.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ironveld Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,407,000 to 19,787,000, a change of 380,000 (2.0%).
- Net loss of 1,405,000 reduced equity.
- New share issuances of 961,000 increased equity.
- Other factors increased equity by 824,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.41 Million | -7.1% |
| Share Issuances | $961.00K | +4.86% |
| Other Changes | $824.00K | +4.16% |
| Total Change | $- | 1.96% |
Book Value vs Market Value Analysis
This analysis compares Ironveld Plc'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: 0.06x
- 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 |
|---|---|---|---|
| 2020-06-30 | $0.02 | $0.00 | x |
| 2021-06-30 | $0.01 | $0.00 | x |
| 2022-06-30 | $0.01 | $0.00 | x |
| 2023-06-30 | $0.01 | $0.00 | x |
| 2024-06-30 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ironveld Plc 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): -7.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -526.22%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.81x
- Recent ROE (-7.10%) is below the historical average (-4.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -4.34% | 0.00% | 0.00x | 1.70x | $-1.96 Million |
| 2016 | -4.62% | 0.00% | 0.00x | 1.73x | $-1.85 Million |
| 2017 | -4.19% | 0.00% | 0.00x | 1.61x | $-2.50 Million |
| 2018 | -2.97% | 0.00% | 0.00x | 1.52x | $-2.34 Million |
| 2019 | -3.29% | 0.00% | 0.00x | 1.50x | $-2.52 Million |
| 2020 | -6.70% | 0.00% | 0.00x | 1.56x | $-2.53 Million |
| 2021 | -2.53% | 0.00% | 0.00x | 1.46x | $-2.28 Million |
| 2022 | -4.64% | 0.00% | 0.00x | 1.53x | $-2.54 Million |
| 2023 | -2.24% | -422.33% | 0.00x | 1.62x | $-2.38 Million |
| 2024 | -7.10% | -526.22% | 0.01x | 1.81x | $-3.38 Million |
Industry Comparison
This section compares Ironveld Plc'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 |
|---|---|---|---|---|
| Ironveld Plc (IRVDF) | $24.69 Million | -4.34% | 0.49x | $1.27 Million |
| 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 |