Northern Star Resources Ltd
Northern Star Resources Limited engages in the exploration, development, mining, and processing of gold deposits. The company also sells refined gold. It operates in Western Australia, the Northern Territory, and Alaska. Northern Star Resources Limited was incorporated in 2000 and is headquartered in Subiaco, Australia.
Northern Star Resources Ltd (NESRF) - Net Assets
Latest net assets as of June 2025: $14.92 Billion USD
Based on the latest financial reports, Northern Star Resources Ltd (NESRF) has net assets worth $14.92 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.43 Billion) and total liabilities ($5.52 Billion). 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 | $14.92 Billion |
| % of Total Assets | 73.01% |
| Annual Growth Rate | 45.64% |
| 5-Year Change | 86.97% |
| 10-Year Change | 3200.89% |
| Growth Volatility | 109.76 |
Northern Star Resources Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Northern Star Resources 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 Northern Star Resources Ltd (2004–2025)
The table below shows the annual net assets of Northern Star Resources Ltd from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $14.92 Billion | +69.69% |
| 2024-06-30 | $8.79 Billion | +3.62% |
| 2023-06-30 | $8.48 Billion | +2.87% |
| 2022-06-30 | $8.25 Billion | +3.37% |
| 2021-06-30 | $7.98 Billion | +272.17% |
| 2020-06-30 | $2.14 Billion | +92.28% |
| 2019-06-30 | $1.11 Billion | +35.73% |
| 2018-06-30 | $821.44 Million | +33.55% |
| 2017-06-30 | $615.10 Million | +36.11% |
| 2016-06-30 | $451.91 Million | +39.80% |
| 2015-06-30 | $323.25 Million | +32.37% |
| 2014-06-30 | $244.21 Million | +121.33% |
| 2013-06-30 | $110.33 Million | +16.75% |
| 2012-06-30 | $94.51 Million | +261.73% |
| 2011-06-30 | $26.13 Million | +413.86% |
| 2010-06-30 | $5.08 Million | +44.40% |
| 2009-06-30 | $3.52 Million | -54.33% |
| 2008-06-30 | $7.71 Million | +24.21% |
| 2007-06-30 | $6.21 Million | +31.31% |
| 2006-06-30 | $4.73 Million | -10.75% |
| 2005-06-30 | $5.30 Million | -4.77% |
| 2004-06-30 | $5.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Northern Star Resources 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 grown by 314198924700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.14 Billion | 21.06% |
| Common Stock | $11.66 Billion | 78.17% |
| Other Comprehensive Income | $115.10 Million | 0.77% |
| Total Equity | $14.92 Billion | 100.00% |
Northern Star Resources Ltd Competitors by Market Cap
The table below lists competitors of Northern Star Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ROYALTY PHARMA OA DL-0001
F:RPD
|
$15.01 Billion |
|
Jacobs Engineering Group Inc.
LSE:0JOI
|
$15.02 Billion |
|
Kratos Defense & Security Solutions Inc.
LSE:0JS0
|
$15.03 Billion |
|
China National Uranium Co Ltd
SHE:001280
|
$15.07 Billion |
|
Rogers Communications Inc
NYSE:RCI
|
$14.97 Billion |
|
XPENG INC. SP.ADS/2 CL.A
F:8XPA
|
$14.97 Billion |
|
Akamai Technologies Inc
NASDAQ:AKAM
|
$14.92 Billion |
|
Shriram Finance Limited
NSE:SHRIRAMFIN
|
$14.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northern Star Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,790,900,000 to 14,917,200,000, a change of 6,126,300,000 (69.7%).
- Net income of 1,339,700,000 contributed positively to equity growth.
- Dividend payments of 558,900,000 reduced retained earnings.
- Share repurchases of 176,900,000 reduced equity.
- Other comprehensive income increased equity by 12,900,000.
- Other factors increased equity by 5,509,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.34 Billion | +8.98% |
| Dividends Paid | $558.90 Million | -3.75% |
| Share Repurchases | $176.90 Million | -1.19% |
| Other Comprehensive Income | $12.90 Million | +0.09% |
| Other Changes | $5.51 Billion | +36.93% |
| Total Change | $- | 69.69% |
Book Value vs Market Value Analysis
This analysis compares Northern Star Resources 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: 0.87x
- 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 131.01x to 0.87x 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 | $0.08 | $10.87 | x |
| 2004-06-30 | $0.12 | $10.87 | x |
| 2005-06-30 | $0.08 | $10.87 | x |
| 2006-06-30 | $0.07 | $10.87 | x |
| 2007-06-30 | $0.07 | $10.87 | x |
| 2008-06-30 | $0.07 | $10.87 | x |
| 2009-06-30 | $0.03 | $10.87 | x |
| 2010-06-30 | $0.03 | $10.87 | x |
| 2011-06-30 | $0.07 | $10.87 | x |
| 2012-06-30 | $0.22 | $10.87 | x |
| 2013-06-30 | $0.26 | $10.87 | x |
| 2014-06-30 | $0.51 | $10.87 | x |
| 2015-06-30 | $0.55 | $10.87 | x |
| 2016-06-30 | $0.75 | $10.87 | x |
| 2017-06-30 | $1.00 | $10.87 | x |
| 2018-06-30 | $1.33 | $10.87 | x |
| 2019-06-30 | $1.73 | $10.87 | x |
| 2020-06-30 | $3.08 | $10.87 | x |
| 2021-06-30 | $8.83 | $10.87 | x |
| 2022-06-30 | $7.06 | $10.87 | x |
| 2023-06-30 | $7.29 | $10.87 | x |
| 2024-06-30 | $7.58 | $10.87 | x |
| 2025-06-30 | $12.43 | $10.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northern Star Resources 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): 8.98%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.88%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.37x
- Recent ROE (8.98%) is above the historical average (4.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -3.73% | 0.00% | 0.00x | 1.02x | $-763.70K |
| 2005 | -5.01% | 0.00% | 0.00x | 1.03x | $-794.93K |
| 2006 | -14.66% | 0.00% | 0.00x | 1.08x | $-1.17 Million |
| 2007 | -24.72% | 0.00% | 0.00x | 1.04x | $-2.16 Million |
| 2008 | -1.12% | 0.00% | 0.00x | 1.04x | $-857.65K |
| 2009 | -132.48% | 0.00% | 0.00x | 1.13x | $-5.02 Million |
| 2010 | -25.19% | 0.00% | 0.00x | 1.14x | $-1.79 Million |
| 2011 | 62.33% | 14.17% | 2.36x | 1.87x | $13.67 Million |
| 2012 | 23.24% | 22.07% | 0.74x | 1.42x | $12.51 Million |
| 2013 | 25.67% | 19.64% | 0.92x | 1.43x | $17.29 Million |
| 2014 | 9.83% | 8.08% | 0.75x | 1.62x | $-413.90K |
| 2015 | 28.43% | 10.87% | 1.43x | 1.84x | $59.58 Million |
| 2016 | 33.49% | 19.26% | 0.98x | 1.78x | $106.17 Million |
| 2017 | 35.00% | 24.77% | 0.90x | 1.57x | $153.80 Million |
| 2018 | 23.63% | 20.14% | 0.75x | 1.56x | $111.97 Million |
| 2019 | 13.88% | 11.04% | 0.80x | 1.56x | $43.22 Million |
| 2020 | 12.05% | 13.10% | 0.50x | 1.85x | $43.95 Million |
| 2021 | 12.94% | 37.40% | 0.24x | 1.45x | $234.65 Million |
| 2022 | 5.21% | 11.29% | 0.33x | 1.39x | $-394.90 Million |
| 2023 | 6.90% | 14.17% | 0.33x | 1.50x | $-263.15 Million |
| 2024 | 7.26% | 12.97% | 0.38x | 1.49x | $-240.59 Million |
| 2025 | 8.98% | 20.88% | 0.31x | 1.37x | $-152.02 Million |
Industry Comparison
This section compares Northern Star Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $64,325,376
- Average return on equity (ROE) among peers: -10.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northern Star Resources Ltd (NESRF) | $14.92 Billion | -3.73% | 0.37x | $14.98 Billion |
| Almadex Minerals Ltd (AAMMF) | $12.07 Million | -62.71% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $-384.17K | 0.00% | 0.00x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $34.66 Million | 7.00% | 0.43x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $9.11 Million | -8.65% | 0.10x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $725.00K | -10.41% | 0.01x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $148.06 Million | -5.06% | 0.90x | $105.35 Billion |
| Affinity Gold Corp (AFYG) | $-7.09K | 0.00% | 0.00x | $4.68K |
| Andes Gold Corp (AGCZ) | $6.95 Million | 13.98% | 0.15x | $0.97 |
| Antioquia Gold Inc (AGDXF) | $15.76 Million | -15.80% | 0.03x | $1.44 Million |