XTCPF
XTC Lithium Limited engages in the exploration and evaluation of mineral properties in Western Australia. Its flagship exploration project is the Southern Cross gold project that comprises 16 prospecting licenses and 7 exploration licenses with a combined area of 197 square kilometers located in Western Australia. The company was formerly known as Xantippe Resources Limited and changed its name t… Read more
XTCPF (XTCPF) - Net Assets
Latest net assets as of June 2023: $40.04 Million USD
Based on the latest financial reports, XTCPF (XTCPF) has net assets worth $40.04 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($49.22 Million) and total liabilities ($9.18 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 | $40.04 Million |
| % of Total Assets | 81.35% |
| Annual Growth Rate | 183.11% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1689.5 |
XTCPF - Net Assets Trend (2020–2023)
This chart illustrates how XTCPF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for XTCPF (2020–2023)
The table below shows the annual net assets of XTCPF from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $40.04 Million | +361.09% |
| 2022-06-30 | $8.68 Million | +3699.90% |
| 2021-06-30 | $228.52K | -87.08% |
| 2020-06-30 | $1.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to XTCPF'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 220320600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $72.12 Million | 180.13% |
| Total Equity | $40.04 Million | 100.00% |
XTCPF Competitors by Market Cap
The table below lists competitors of XTCPF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BIX Globale Aktier Indeks
CO:BXIGAI
|
$175.33K |
|
Sigmaroc PLC
LSE:SRC
|
$175.45K |
|
Celestial Acquisition Corp.
V:CES-P
|
$175.46K |
|
Lakshmi Precision Screws Limited
NSE:LAKPRE
|
$175.46K |
|
BLUE CAP
BE:B7E
|
$175.26K |
|
Fidus Investment Corp
NASDAQ:FDUS
|
$175.19K |
|
El Capitan Prec Mtls
PINK:ECPN
|
$175.10K |
|
PACIFIC METAL CO
MU:PYV
|
$174.93K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XTCPF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 8,683,538 to 40,039,220, a change of 31,355,682 (361.1%).
- Net loss of 5,750,549 reduced equity.
- Share repurchases of 855,510 reduced equity.
- New share issuances of 10,498,411 increased equity.
- Other factors increased equity by 27,463,330.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.75 Million | -14.36% |
| Share Repurchases | $855.51K | -2.14% |
| Share Issuances | $10.50 Million | +26.22% |
| Other Changes | $27.46 Million | +68.59% |
| Total Change | $- | 361.09% |
Book Value vs Market Value Analysis
This analysis compares XTCPF'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: 1.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.50x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $0.05 | $0.66 | x |
| 2021-06-30 | $0.01 | $0.66 | x |
| 2022-06-30 | $0.13 | $0.66 | x |
| 2023-06-30 | $0.42 | $0.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XTCPF 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): -14.36%
- 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: 1.23x
- Recent ROE (-14.36%) is above the historical average (-263.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -158.57% | 0.00% | 0.00x | 1.12x | $-2.98 Million |
| 2021 | -733.31% | 0.00% | 0.00x | 1.39x | $-1.70 Million |
| 2022 | -145.93% | -168953.33% | 0.00x | 1.04x | $-13.54 Million |
| 2023 | -14.36% | 0.00% | 0.00x | 1.23x | $-9.75 Million |
Industry Comparison
This section compares XTCPF'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 |
|---|---|---|---|---|
| XTCPF (XTCPF) | $40.04 Million | -158.57% | 0.23x | $175.28K |
| 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 |