Strandline Resources Limited
Strandline Resources Limited engages in the exploration and evaluation of mineral sands, and other base metal resources in Australia and Tanzania. The company offers zircon and titanium. Its principal mining assets include a portfolio of heavy mineral sands (HMS) projects; the Coburn HMS project located in Western Australia; and the Fungoni Mineral Sand project and the Tajiri Mineral Sands projec… Read more
Strandline Resources Limited (STQNF) - Net Assets
Latest net assets as of June 2024: $7.63 Million USD
Based on the latest financial reports, Strandline Resources Limited (STQNF) has net assets worth $7.63 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 ($346.37 Million) and total liabilities ($338.75 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 | $7.63 Million |
| % of Total Assets | 2.2% |
| Annual Growth Rate | -2.64% |
| 5-Year Change | -39.79% |
| 10-Year Change | N/A |
| Growth Volatility | 306.25 |
Strandline Resources Limited - Net Assets Trend (2015–2024)
This chart illustrates how Strandline Resources 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 Strandline Resources Limited (2015–2024)
The table below shows the annual net assets of Strandline Resources Limited from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $7.63 Million | -95.44% |
| 2023-06-30 | $167.35 Million | -4.24% |
| 2022-06-30 | $174.76 Million | +29.77% |
| 2021-06-30 | $134.67 Million | +963.35% |
| 2020-06-30 | $12.66 Million | -3.69% |
| 2019-06-30 | $13.15 Million | +21.54% |
| 2018-06-30 | $10.82 Million | +1.56% |
| 2017-06-30 | $10.65 Million | +26.28% |
| 2016-06-30 | $8.44 Million | -13.09% |
| 2015-06-30 | $9.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Strandline Resources 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 25927344700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $305.98 Million | 3829.47% |
| Total Equity | $7.99 Million | 100.00% |
Strandline Resources Limited Competitors by Market Cap
The table below lists competitors of Strandline Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ege Endustri ve Ticaret AS
IS:EGEEN
|
$189.74 Million |
|
GOOCH + HOUSEGO LS-20
F:GPL
|
$189.75 Million |
|
enGene Holdings Inc. Common Stock
NASDAQ:ENGN
|
$189.82 Million |
|
T3EX Global Holdings Corp
TW:2636
|
$189.85 Million |
|
Ningbo Changhong Polymer Scientific & Technical Inc
SHG:605008
|
$189.71 Million |
|
Kerjaya Prospek Group Bhd
KLSE:7161
|
$189.70 Million |
|
Wanxiang Doneed Co Ltd
SHG:600371
|
$189.63 Million |
|
Rain Industries Limited
NSE:RAIN
|
$189.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strandline Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 167,480,356 to 7,990,117, a change of -159,490,239 (-95.2%).
- Net loss of 193,750,718 reduced equity.
- New share issuances of 34,706,557 increased equity.
- Other factors decreased equity by 446,078.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-193.75 Million | -2424.88% |
| Share Issuances | $34.71 Million | +434.37% |
| Other Changes | $-446.08K | -5.58% |
| Total Change | $- | -95.23% |
Book Value vs Market Value Analysis
This analysis compares Strandline Resources 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: 31.48x
- 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 6.03x to 31.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $0.03 | $0.17 | x |
| 2021-06-30 | $0.12 | $0.17 | x |
| 2022-06-30 | $0.14 | $0.17 | x |
| 2023-06-30 | $0.13 | $0.17 | x |
| 2024-06-30 | $0.01 | $0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strandline Resources 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): -2424.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -225.06%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 43.35x
- Recent ROE (-2424.88%) is below the historical average (-292.00%), 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 | -226.04% | -102154.11% | 0.00x | 1.04x | $-22.91 Million |
| 2016 | -38.60% | -68172.49% | 0.00x | 1.08x | $-4.10 Million |
| 2017 | -47.93% | -10191.58% | 0.00x | 1.07x | $-6.17 Million |
| 2018 | -43.57% | -2103.51% | 0.02x | 1.11x | $-5.80 Million |
| 2019 | -53.23% | -4624.42% | 0.01x | 1.06x | $-8.32 Million |
| 2020 | -64.24% | 0.00% | 0.00x | 1.05x | $-9.40 Million |
| 2021 | -9.51% | 0.00% | 0.00x | 1.16x | $-26.27 Million |
| 2022 | -5.20% | 0.00% | 0.00x | 2.17x | $-26.56 Million |
| 2023 | -6.83% | -18.83% | 0.14x | 2.65x | $-28.19 Million |
| 2024 | -2424.88% | -225.06% | 0.25x | 43.35x | $-194.55 Million |
Industry Comparison
This section compares Strandline Resources 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: $2,860,622,178
- Average return on equity (ROE) among peers: -17.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Strandline Resources Limited (STQNF) | $7.63 Million | -226.04% | 44.42x | $189.72 Million |
| Asia Broadband Inc (AABB) | $-613.21K | 0.00% | 0.00x | $228.68 |
| Altair Resources Inc (AAEEF) | $-1.37 Million | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $18.53 Million | -47.33% | 0.52x | $99.81 Million |
| Anglo American plc (AAUKF) | $28.53 Billion | -10.75% | 1.27x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-12.92 Million | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $526.04K | -142.32% | 1.21x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $584.31K | -19.85% | 0.08x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $58.31 Million | -22.45% | 2.63x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-375.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $10.55 Million | 67.11% | 0.22x | $14.34 Million |