NGX Limited
NGX Limited, together with its subsidiaries, focuses on the exploration and development of resource projects in Malawi and Namibia. The company explores for graphite and uranium deposits. NGX Limited was incorporated in 2021 and is based in Perth, Australia.
NGX Limited (NGXLF) - Net Assets
Latest net assets as of June 2024: $12.68 Million USD
Based on the latest financial reports, NGX Limited (NGXLF) has net assets worth $12.68 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 ($12.82 Million) and total liabilities ($139.49K). 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 | $12.68 Million |
| % of Total Assets | 98.91% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
NGX Limited - Net Assets Trend (2022–2024)
This chart illustrates how NGX 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 NGX Limited (2022–2024)
The table below shows the annual net assets of NGX Limited from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $12.68 Million | -15.50% |
| 2023-06-30 | $15.01 Million | +2260.75% |
| 2022-06-30 | $-694.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to NGX 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 588008300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $19.26 Million | 151.85% |
| Total Equity | $12.68 Million | 100.00% |
NGX Limited Competitors by Market Cap
The table below lists competitors of NGX Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xylo Technologies Ltd.
NASDAQ:XYLO
|
$6.64 Million |
|
Humbl Inc
OTCQB:HMBL
|
$6.64 Million |
|
Resonance Health Ltd
AU:RHT
|
$6.64 Million |
|
PT Bank CIMB Niaga Tbk
MU:NKX
|
$6.64 Million |
|
South Star Mining Corp
V:STS
|
$6.63 Million |
|
Pancolour Ink Co., Ltd.
TWO:4765
|
$6.63 Million |
|
CHECKIT PLC (P.RE.) LS-05
F:EKC1
|
$6.63 Million |
|
Housing Development and Infrastructure Limited
NSE:HDIL
|
$6.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NGX Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,006,469 to 12,681,015, a change of -2,325,454 (-15.5%).
- Net loss of 2,386,436 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.39 Million | -18.82% |
| Other Changes | $60.98K | +0.48% |
| Total Change | $- | -15.50% |
Book Value vs Market Value Analysis
This analysis compares NGX 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: 0.64x
- 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 |
|---|---|---|---|
| 2022-06-30 | $-0.01 | $0.09 | x |
| 2023-06-30 | $0.17 | $0.09 | x |
| 2024-06-30 | $0.14 | $0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NGX 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): -18.82%
- 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: 1.01x
- Recent ROE (-18.82%) is below the historical average (-14.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-515.65K |
| 2023 | -23.28% | 0.00% | 0.00x | 1.02x | $-4.99 Million |
| 2024 | -18.82% | 0.00% | 0.00x | 1.01x | $-3.65 Million |
Industry Comparison
This section compares NGX Limited'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 |
|---|---|---|---|---|
| NGX Limited (NGXLF) | $12.68 Million | 0.00% | 0.01x | $6.63 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 |