Ten Sixty Four Limited
Ten Sixty Four Limited, together with its subsidiaries, engages in the exploration, evaluation, development, production, and sale of mineral properties in the Asia Pacific. The company explores for gold and silver deposits. Its flagship property is the Co-O Gold Mine covering an area of 410 square kilometers located in Central Eastern Mindanao, the Philippines. The company was formerly known as M… Read more
Ten Sixty Four Limited (MDSMF) - Net Assets
Latest net assets as of June 2024: $148.32 Million USD
Based on the latest financial reports, Ten Sixty Four Limited (MDSMF) has net assets worth $148.32 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 ($157.21 Million) and total liabilities ($8.89 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 | $148.32 Million |
| % of Total Assets | 94.35% |
| Annual Growth Rate | 22.25% |
| 5-Year Change | -6.38% |
| 10-Year Change | -22.75% |
| Growth Volatility | 123.91 |
Ten Sixty Four Limited - Net Assets Trend (2003–2024)
This chart illustrates how Ten Sixty Four 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 Ten Sixty Four Limited (2003–2024)
The table below shows the annual net assets of Ten Sixty Four Limited from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $148.32 Million | -44.38% |
| 2023-06-30 | $266.69 Million | -10.43% |
| 2022-06-30 | $297.74 Million | +54.21% |
| 2021-06-30 | $193.07 Million | +21.87% |
| 2020-06-30 | $158.42 Million | +28.03% |
| 2019-06-30 | $123.74 Million | +49.37% |
| 2018-06-30 | $82.84 Million | -57.95% |
| 2017-06-30 | $197.00 Million | -15.93% |
| 2016-06-30 | $234.34 Million | +22.05% |
| 2015-06-30 | $192.01 Million | -53.43% |
| 2014-06-30 | $412.31 Million | +15.74% |
| 2013-06-30 | $356.25 Million | +12.86% |
| 2012-06-30 | $315.67 Million | +14.42% |
| 2011-06-30 | $275.89 Million | +57.27% |
| 2010-06-30 | $175.43 Million | +63.89% |
| 2009-06-30 | $107.04 Million | +63.77% |
| 2008-06-30 | $65.36 Million | +9.35% |
| 2007-06-30 | $59.77 Million | +523.92% |
| 2006-06-30 | $9.58 Million | +267.36% |
| 2005-06-30 | $2.61 Million | +15.41% |
| 2004-06-30 | $2.26 Million | +3.57% |
| 2003-06-30 | $2.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ten Sixty Four 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 grown by 3316208619.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $33.03 Million | 22.39% |
| Common Stock | $114.36 Million | 77.54% |
| Other Comprehensive Income | $107.00K | 0.07% |
| Total Equity | $147.50 Million | 100.00% |
Ten Sixty Four Limited Competitors by Market Cap
The table below lists competitors of Ten Sixty Four Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SML Mahindra Ltd.
NSE:SMLMAH
|
$455.63K |
|
LAS VEGAS SANDS - Dusseldorf Stock Exchang
DU:LCR
|
$455.64K |
|
Fram Skandinavien AB Series B
ST:FRAM-B
|
$456.08K |
|
Exchange Bankshares Inc
PINK:EXCH
|
$456.38K |
|
Southport Acquisition Corp
NYSE:PORT
|
$455.25K |
|
Granprade
JSE:GPL
|
$455.02K |
|
NEECV
OTCGREY:NEECV
|
$454.50K |
|
MOVINN AS DK -040
F:TZ9
|
$454.25K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ten Sixty Four Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 263,243,156 to 147,497,000, a change of -115,746,156 (-44.0%).
- Net loss of 326,000 reduced equity.
- Other comprehensive income decreased equity by 1,849,000.
- Other factors decreased equity by 113,571,156.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-326.00K | -0.22% |
| Other Comprehensive Income | $-1.85 Million | -1.25% |
| Other Changes | $-113.57 Million | -77.0% |
| Total Change | $- | -43.97% |
Book Value vs Market Value Analysis
This analysis compares Ten Sixty Four 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: 0.08x
- 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 0.91x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-06-30 | $0.06 | $0.05 | x |
| 2004-06-30 | $0.06 | $0.05 | x |
| 2005-06-30 | $0.06 | $0.05 | x |
| 2006-06-30 | $0.17 | $0.05 | x |
| 2007-06-30 | $0.54 | $0.05 | x |
| 2008-06-30 | $0.41 | $0.05 | x |
| 2009-06-30 | $0.64 | $0.05 | x |
| 2010-06-30 | $1.00 | $0.05 | x |
| 2011-06-30 | $1.46 | $0.05 | x |
| 2012-06-30 | $1.67 | $0.05 | x |
| 2013-06-30 | $1.87 | $0.05 | x |
| 2014-06-30 | $2.04 | $0.05 | x |
| 2015-06-30 | $0.92 | $0.05 | x |
| 2016-06-30 | $1.11 | $0.05 | x |
| 2017-06-30 | $0.95 | $0.05 | x |
| 2018-06-30 | $0.40 | $0.05 | x |
| 2019-06-30 | $0.58 | $0.05 | x |
| 2020-06-30 | $0.75 | $0.05 | x |
| 2021-06-30 | $0.90 | $0.05 | x |
| 2022-06-30 | $1.28 | $0.05 | x |
| 2023-06-30 | $1.16 | $0.05 | x |
| 2024-06-30 | $0.65 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ten Sixty Four 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): -0.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.18%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.07x
- Recent ROE (-0.22%) is above the historical average (-1.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -14.65% | 0.00% | 0.00x | 1.09x | $-557.00K |
| 2005 | -38.05% | 0.00% | 0.00x | 1.06x | $-1.25 Million |
| 2006 | -18.14% | -47.79% | 0.34x | 1.12x | $-2.70 Million |
| 2007 | 12.74% | 83.28% | 0.13x | 1.19x | $1.64 Million |
| 2008 | -1.97% | -7.64% | 0.22x | 1.18x | $-7.83 Million |
| 2009 | 28.73% | 66.84% | 0.39x | 1.09x | $20.05 Million |
| 2010 | 37.52% | 70.10% | 0.51x | 1.05x | $48.27 Million |
| 2011 | 40.00% | 74.21% | 0.52x | 1.03x | $82.77 Million |
| 2012 | 15.58% | 60.87% | 0.24x | 1.05x | $17.62 Million |
| 2013 | 14.09% | 49.87% | 0.27x | 1.06x | $14.56 Million |
| 2014 | 7.49% | 36.80% | 0.19x | 1.08x | $-10.36 Million |
| 2015 | -113.59% | -177.19% | 0.57x | 1.13x | $-237.31 Million |
| 2016 | 18.69% | 34.28% | 0.49x | 1.10x | $20.36 Million |
| 2017 | -31.54% | -62.26% | 0.43x | 1.18x | $-81.83 Million |
| 2018 | -67.06% | -44.62% | 1.05x | 1.44x | $-63.84 Million |
| 2019 | 29.49% | 28.22% | 0.85x | 1.23x | $24.11 Million |
| 2020 | 22.34% | 23.94% | 0.78x | 1.20x | $19.54 Million |
| 2021 | 24.48% | 26.39% | 0.83x | 1.12x | $27.95 Million |
| 2022 | 2.00% | 2.92% | 0.61x | 1.11x | $-23.83 Million |
| 2023 | -8.73% | -19.97% | 0.41x | 1.06x | $-49.32 Million |
| 2024 | -0.22% | -2.18% | 0.09x | 1.07x | $-15.08 Million |
Industry Comparison
This section compares Ten Sixty Four Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ten Sixty Four Limited (MDSMF) | $148.32 Million | -14.65% | 0.06x | $455.60K |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |