Group 6 Metals Ltd
Group 6 Metals Limited operates as resources exploration and development company in Tasmania and Europe. It explores for tungsten concentrate. The company focuses on the Dolphin Tungsten mine located in King Island, Tasmania. The company was formerly known as King Island Scheelite Limited and changed its name to Group 6 Metals Limited in November 2021. Group 6 Metals Limited was incorporated in 1… Read more
Group 6 Metals Ltd (G6M) - Total Assets
Latest total assets as of December 2024: AU$34.31 Million AUD
Based on the latest financial reports, Group 6 Metals Ltd (G6M) holds total assets worth AU$34.31 Million AUD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Group 6 Metals Ltd - Total Assets Trend (1989–2024)
This chart illustrates how Group 6 Metals Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Group 6 Metals Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Group 6 Metals Ltd's total assets of AU$34.31 Million consist of 23.4% current assets and 76.7% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$509.00K | 2.2% |
| Accounts Receivable | AU$876.00K | 2.4% |
| Inventory | AU$4.86 Million | 13.1% |
| Property, Plant & Equipment | AU$25.56 Million | 68.8% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (1989–2024)
This chart illustrates how Group 6 Metals Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Group 6 Metals Ltd's current assets represent 23.4% of total assets in 2024, an increase from 9.6% in 1989.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2024, down from 5.6% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
- Asset Diversification: The largest asset category is property, plant & equipment at 68.8% of total assets.
Group 6 Metals Ltd Competitors by Total Assets
Key competitors of Group 6 Metals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Group 6 Metals Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Group 6 Metals Ltd generates 0.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Group 6 Metals Ltd is currently not profitable relative to its asset base.
Group 6 Metals Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.09 | 0.31 | 4.25 |
| Quick Ratio | 0.05 | 0.24 | 4.25 |
| Cash Ratio | 0.01 | 0.01 | 0.00 |
| Working Capital | AU$-77.17 Million | AU$ -47.47 Million | AU$ 820.83K |
Group 6 Metals Ltd - Advanced Valuation Insights
This section examines the relationship between Group 6 Metals Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.35 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -73.4% |
| Total Assets | AU$37.14 Million |
| Market Capitalization | $3.83 Million USD |
Valuation Analysis
Below Book Valuation: The market values Group 6 Metals Ltd's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Group 6 Metals Ltd's assets decreased by 73.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Group 6 Metals Ltd (1989–2024)
The table below shows the annual total assets of Group 6 Metals Ltd from 1989 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$37.14 Million | -73.40% |
| 2023-06-30 | AU$139.63 Million | +152.59% |
| 2022-06-30 | AU$55.28 Million | +654.06% |
| 2021-06-30 | AU$7.33 Million | +63.49% |
| 2020-06-30 | AU$4.48 Million | +2.43% |
| 2019-06-30 | AU$4.38 Million | +145.03% |
| 2018-06-30 | AU$1.79 Million | -36.47% |
| 2017-06-30 | AU$2.81 Million | +7.36% |
| 2016-06-30 | AU$2.62 Million | -8.92% |
| 2015-06-30 | AU$2.88 Million | +29.91% |
| 2014-06-30 | AU$2.21 Million | +9.12% |
| 2013-06-30 | AU$2.03 Million | -94.43% |
| 2012-06-30 | AU$36.44 Million | -3.28% |
| 2011-06-30 | AU$37.68 Million | +12.88% |
| 2010-06-30 | AU$33.38 Million | +0.15% |
| 2009-06-30 | AU$33.33 Million | +11.86% |
| 2008-06-30 | AU$29.80 Million | -2.71% |
| 2007-06-30 | AU$30.62 Million | +81.50% |
| 2006-06-30 | AU$16.87 Million | +63.39% |
| 2005-06-30 | AU$10.33 Million | +202.94% |
| 2004-06-30 | AU$3.41 Million | -17.60% |
| 2003-06-30 | AU$4.14 Million | -18.29% |
| 2002-06-30 | AU$5.06 Million | -15.29% |
| 2001-06-30 | AU$5.98 Million | -57.15% |
| 2000-06-30 | AU$13.95 Million | +93.79% |
| 1999-06-30 | AU$7.20 Million | -26.30% |
| 1998-06-30 | AU$9.77 Million | -6.33% |
| 1997-06-30 | AU$10.43 Million | -6.57% |
| 1996-06-30 | AU$11.16 Million | -3.67% |
| 1995-06-30 | AU$11.58 Million | +12.25% |
| 1994-06-30 | AU$10.32 Million | +6.84% |
| 1993-06-30 | AU$9.66 Million | +215.86% |
| 1992-06-30 | AU$3.06 Million | +13.60% |
| 1991-06-30 | AU$2.69 Million | -54.59% |
| 1990-06-30 | AU$5.93 Million | -13.71% |
| 1989-06-30 | AU$6.87 Million | -- |