Macarthur Minerals Ltd (MMS) - Net Assets
Based on the latest financial reports, Macarthur Minerals Ltd (MMS) has net assets worth CA$51.88 Million CAD (≈ $37.53 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$53.16 Million ≈ $38.46 Million USD) and total liabilities (CA$1.28 Million ≈ $928.83K USD). 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. Check MMS asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$51.88 Million |
| % of Total Assets | 97.58% |
| Annual Growth Rate | 13.45% |
| 5-Year Change | 23.37% |
| 10-Year Change | 19.08% |
| Growth Volatility | 204.64 |
Macarthur Minerals Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Macarthur Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore MMS asset base for the complete picture of this company's asset base.
Annual Net Assets for Macarthur Minerals Ltd (2001–2024)
The table below shows the annual net assets of Macarthur Minerals Ltd from 2001 to 2024. For live valuation and market cap data, see MMS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | CA$75.95 Million ≈ $54.94 Million |
-5.15% |
| 2023-03-31 | CA$80.08 Million ≈ $57.93 Million |
+5.86% |
| 2022-03-31 | CA$75.64 Million ≈ $54.72 Million |
+10.94% |
| 2021-03-31 | CA$68.19 Million ≈ $49.32 Million |
+10.76% |
| 2020-03-31 | CA$61.56 Million ≈ $44.53 Million |
+1.88% |
| 2019-03-31 | CA$60.43 Million ≈ $43.71 Million |
+747.61% |
| 2018-03-31 | CA$7.13 Million ≈ $5.16 Million |
+15.58% |
| 2017-03-31 | CA$6.17 Million ≈ $4.46 Million |
+7.18% |
| 2016-03-31 | CA$5.75 Million ≈ $4.16 Million |
-90.98% |
| 2015-03-31 | CA$63.78 Million ≈ $46.14 Million |
+1.61% |
| 2014-03-31 | CA$62.77 Million ≈ $45.41 Million |
-5.50% |
| 2013-03-31 | CA$66.43 Million ≈ $48.05 Million |
-5.70% |
| 2012-03-31 | CA$70.44 Million ≈ $50.95 Million |
-2.91% |
| 2011-03-31 | CA$72.55 Million ≈ $52.48 Million |
+308.39% |
| 2010-03-31 | CA$17.76 Million ≈ $12.85 Million |
-7.03% |
| 2009-03-31 | CA$19.11 Million ≈ $13.82 Million |
+110.96% |
| 2008-03-31 | CA$9.06 Million ≈ $6.55 Million |
+135.04% |
| 2007-03-31 | CA$3.85 Million ≈ $2.79 Million |
+87.92% |
| 2006-03-31 | CA$2.05 Million ≈ $1.48 Million |
+1235.55% |
| 2005-03-31 | CA$-180.59K ≈ $-130.64K |
-484.49% |
| 2004-03-31 | CA$46.97K ≈ $33.98K |
-98.79% |
| 2003-03-31 | CA$3.87 Million ≈ $2.80 Million |
-11.20% |
| 2002-03-31 | CA$4.36 Million ≈ $3.15 Million |
+4.60% |
| 2001-03-31 | CA$4.17 Million ≈ $3.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Macarthur Minerals 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 5293134178.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$128.62 Million | 169.34% |
| Other Comprehensive Income | CA$1.04 Million | 1.37% |
| Other Components | CA$10.76 Million | 14.17% |
| Total Equity | CA$75.95 Million | 100.00% |
Macarthur Minerals Ltd Competitors by Market Cap
The table below lists competitors of Macarthur Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shires Income
LSE:SHRS
|
$1.45 Million |
|
CRAFTPORT CANNABIS CORP.
F:BBW0
|
$1.45 Million |
|
Eason Technology Limited
NYSE MKT:DXF
|
$1.45 Million |
|
Alps Industries Limited
NSE:ALPSINDUS
|
$1.45 Million |
|
Safe and Green Development Corporation
NASDAQ:SGD
|
$1.44 Million |
|
LANSDOWNE OIL+GAS LS-001
F:L2J
|
$1.44 Million |
|
Antarctica Limited
NSE:ANTGRAPHIC
|
$1.44 Million |
|
Lionmesh Prima Tbk
JK:LMSH
|
$1.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Macarthur Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 80,076,344 to 75,949,555, a change of -4,126,789 (-5.2%).
- Net loss of 5,761,663 reduced equity.
- New share issuances of 580,760 increased equity.
- Other comprehensive income increased equity by 68,144.
- Other factors increased equity by 985,970.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.76 Million | -7.59% |
| Share Issuances | CA$580.76K | +0.76% |
| Other Comprehensive Income | CA$68.14K | +0.09% |
| Other Changes | CA$985.97K | +1.3% |
| Total Change | CA$- | -5.15% |
Book Value vs Market Value Analysis
This analysis compares Macarthur Minerals 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: 0.02x
- 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 |
|---|---|---|---|
| 2001-03-31 | CA$10.60 | CA$0.01 | x |
| 2002-03-31 | CA$10.53 | CA$0.01 | x |
| 2003-03-31 | CA$8.38 | CA$0.01 | x |
| 2004-03-31 | CA$0.10 | CA$0.01 | x |
| 2005-03-31 | CA$-0.26 | CA$0.01 | x |
| 2006-03-31 | CA$1.55 | CA$0.01 | x |
| 2007-03-31 | CA$1.14 | CA$0.01 | x |
| 2008-03-31 | CA$2.10 | CA$0.01 | x |
| 2009-03-31 | CA$3.24 | CA$0.01 | x |
| 2010-03-31 | CA$3.20 | CA$0.01 | x |
| 2011-03-31 | CA$8.87 | CA$0.01 | x |
| 2012-03-31 | CA$5.97 | CA$0.01 | x |
| 2013-03-31 | CA$5.62 | CA$0.01 | x |
| 2014-03-31 | CA$5.31 | CA$0.01 | x |
| 2015-03-31 | CA$4.60 | CA$0.01 | x |
| 2016-03-31 | CA$0.30 | CA$0.01 | x |
| 2017-03-31 | CA$0.16 | CA$0.01 | x |
| 2018-03-31 | CA$0.15 | CA$0.01 | x |
| 2019-03-31 | CA$0.91 | CA$0.01 | x |
| 2020-03-31 | CA$0.71 | CA$0.01 | x |
| 2021-03-31 | CA$0.56 | CA$0.01 | x |
| 2022-03-31 | CA$0.53 | CA$0.01 | x |
| 2023-03-31 | CA$0.49 | CA$0.01 | x |
| 2024-03-31 | CA$0.44 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Macarthur Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-7.59%) is above the historical average (-396.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -52.87% | 0.00% | 0.00x | 1.01x | CA$-2.62 Million |
| 2002 | -3.82% | 0.00% | 0.00x | 1.00x | CA$-602.71K |
| 2003 | -8.01% | 0.00% | 0.00x | 1.04x | CA$-697.59K |
| 2004 | -8230.13% | 0.00% | 0.00x | 1.78x | CA$-3.87 Million |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-213.09K |
| 2006 | -42.99% | 0.00% | 0.00x | 1.04x | CA$-1.09 Million |
| 2007 | -27.92% | 0.00% | 0.00x | 1.09x | CA$-1.46 Million |
| 2008 | -1.06% | 0.00% | 0.00x | 1.15x | CA$-1.00 Million |
| 2009 | -7.43% | -204.69% | 0.03x | 1.19x | CA$-2.87 Million |
| 2010 | -21.88% | -3453.19% | 0.01x | 1.08x | CA$-5.66 Million |
| 2011 | -4.29% | 0.00% | 0.00x | 1.03x | CA$-10.37 Million |
| 2012 | -3.64% | 0.00% | 0.00x | 1.04x | CA$-9.61 Million |
| 2013 | -6.12% | 0.00% | 0.00x | 1.02x | CA$-10.70 Million |
| 2014 | -6.06% | 0.00% | 0.00x | 1.01x | CA$-10.08 Million |
| 2015 | -1.91% | 0.00% | 0.00x | 1.01x | CA$-7.60 Million |
| 2016 | -1018.39% | 0.00% | 0.00x | 1.13x | CA$-59.18 Million |
| 2017 | -80.55% | 0.00% | 0.00x | 1.54x | CA$-4.30 Million |
| 2018 | -47.54% | 0.00% | 0.00x | 1.09x | CA$-4.10 Million |
| 2019 | 84.59% | 0.00% | 0.00x | 1.05x | CA$45.07 Million |
| 2020 | -6.78% | 0.00% | 0.00x | 1.17x | CA$-10.33 Million |
| 2021 | -16.04% | 0.00% | 0.00x | 1.09x | CA$-17.76 Million |
| 2022 | 5.79% | 0.00% | 0.00x | 1.04x | CA$-3.18 Million |
| 2023 | -6.10% | 0.00% | 0.00x | 1.01x | CA$-12.89 Million |
| 2024 | -7.59% | 0.00% | 0.00x | 1.02x | CA$-13.36 Million |
Industry Comparison
This section compares Macarthur Minerals Ltd'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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Macarthur Minerals Ltd (MMS) | CA$51.88 Million | -52.87% | 0.02x | $1.44 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Macarthur Minerals Ltd
Macarthur Minerals Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral resource properties in Australia and the United States. It primarily explores for gold, lithium, iron ore, and nickel deposits. The company was formerly known as Macarthur Diamonds Limited and changed its name to Macarthur Minerals Limited in July 2005. Macarthur Minerals Limited was i… Read more