Southern Cross Gold Consolidated Ltd.
Southern Cross Gold Consolidated Ltd. engages in the exploration of natural resources in Australia. The company explores for gold, antimony, iron oxide, and copper deposits. Its flagship property is the 100% owned Sunday Creek project covering an area of 19,365 hectares of granted exploration tenements located north of Melbourne in Victoria. Southern Cross Gold Consolidated Ltd. is based in Melbo… Read more
Southern Cross Gold Consolidated Ltd. (MWSND) - Net Assets
Latest net assets as of February 2025: $102.63 Million USD
Based on the latest financial reports, Southern Cross Gold Consolidated Ltd. (MWSND) has net assets worth $102.63 Million USD as of February 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($105.22 Million) and total liabilities ($2.59 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 | $102.63 Million |
| % of Total Assets | 97.54% |
| Annual Growth Rate | -10.41% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.46 |
Southern Cross Gold Consolidated Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Southern Cross Gold Consolidated Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Southern Cross Gold Consolidated Ltd. (2021–2024)
The table below shows the annual net assets of Southern Cross Gold Consolidated Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | $38.83 Million | -47.27% |
| 2023-05-31 | $73.63 Million | +12.39% |
| 2022-05-31 | $65.51 Million | +21.35% |
| 2021-05-31 | $53.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Southern Cross Gold Consolidated Ltd.'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 5265609200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $118.41 Million | 542.23% |
| Total Equity | $21.84 Million | 100.00% |
Southern Cross Gold Consolidated Ltd. Competitors by Market Cap
The table below lists competitors of Southern Cross Gold Consolidated Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dow Jones Global Real Estate Yi
STU:M55
|
$26.25K |
|
Grayscale Zcash Trust
OTCQX:ZCSH
|
$26.30K |
|
LEIFRAS Co., Ltd. American Depositary Shares
NASDAQ:LFS
|
$26.32K |
|
Dae Won Kang Up Co. Ltd.
KQ:000430
|
$26.35K |
|
Andrews Sykes Group plc
LSE:ASY
|
$26.23K |
|
BRAINJUICER GROUP
BE:BBA
|
$26.23K |
|
A3 Mercados S.A.
BA:A3
|
$26.19K |
|
Vincerx Pharma, Inc. Common Stock
NASDAQ:VINC
|
$26.17K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southern Cross Gold Consolidated Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 59,763,807 to 21,836,811, a change of -37,926,996 (-63.5%).
- Net loss of 43,818,763 reduced equity.
- New share issuances of 10,568,350 increased equity.
- Other factors decreased equity by 4,676,583.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-43.82 Million | -200.66% |
| Share Issuances | $10.57 Million | +48.4% |
| Other Changes | $-4.68 Million | -21.42% |
| Total Change | $- | -63.46% |
Book Value vs Market Value Analysis
This analysis compares Southern Cross Gold Consolidated Ltd.'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: 12.83x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 4.35x to 12.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-05-31 | $0.67 | $2.91 | x |
| 2022-05-31 | $0.63 | $2.91 | x |
| 2023-05-31 | $0.64 | $2.91 | x |
| 2024-05-31 | $0.23 | $2.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southern Cross Gold Consolidated Ltd. 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): -200.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.85x
- Recent ROE (-200.66%) is below the historical average (-55.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -5.45% | 0.00% | 0.00x | 1.02x | $-8.34 Million |
| 2022 | -6.68% | 0.00% | 0.00x | 1.14x | $-9.70 Million |
| 2023 | -8.29% | 0.00% | 0.00x | 1.28x | $-10.93 Million |
| 2024 | -200.66% | 0.00% | 0.00x | 1.85x | $-46.00 Million |
Industry Comparison
This section compares Southern Cross Gold Consolidated Ltd.'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 |
|---|---|---|---|---|
| Southern Cross Gold Consolidated Ltd. (MWSND) | $102.63 Million | -5.45% | 0.03x | $26.23K |
| 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 |