Magnetite Mines Ltd
Magnetite Mines Limited engages in the exploration of mineral properties in South Australia. The company's flagship project is the Razorback Iron Ore project that includes the Razorback and Iron Peak deposits located in Adelaide, South Australia. The company was formerly known as Royal Resources Limited and changed its name to Magnetite Mines Limited in December 2015. Magnetite Mines Limited was … Read more
Magnetite Mines Ltd (MGT) - Total Assets
Latest total assets as of June 2025: AU$41.30 Million AUD
Based on the latest financial reports, Magnetite Mines Ltd (MGT) holds total assets worth AU$41.30 Million AUD as of June 2025.
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.
Magnetite Mines Ltd - Total Assets Trend (2006–2025)
This chart illustrates how Magnetite Mines Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Magnetite Mines Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Magnetite Mines Ltd's total assets of AU$41.30 Million consist of 4.1% current assets and 96.0% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 3.6% |
| Accounts Receivable | AU$110.27K | 0.3% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$39.43 Million | 95.5% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2006–2025)
This chart illustrates how Magnetite Mines 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: Magnetite Mines Ltd's current assets represent 4.1% of total assets in 2025, a decrease from 53.7% in 2006.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2025, down from 53.1% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is property, plant & equipment at 95.5% of total assets.
Magnetite Mines Ltd Competitors by Total Assets
Key competitors of Magnetite Mines 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 |
Magnetite Mines 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 - Magnetite Mines Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Magnetite Mines Ltd is currently not profitable relative to its asset base.
Magnetite Mines 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 | 0.40 | 1.02 | 2.78 |
| Quick Ratio | 0.40 | 1.08 | 2.78 |
| Cash Ratio | 0.00 | 0.00 | 2.68 |
| Working Capital | AU$-2.49 Million | AU$ 31.28K | AU$ 553.12K |
Magnetite Mines Ltd - Advanced Valuation Insights
This section examines the relationship between Magnetite Mines 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 | 0.31 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 8.0% |
| Total Assets | AU$41.30 Million |
| Market Capitalization | $3.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values Magnetite Mines Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Magnetite Mines Ltd's assets grew by 8.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Magnetite Mines Ltd (2006–2025)
The table below shows the annual total assets of Magnetite Mines Ltd from 2006 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$41.30 Million | +8.05% |
| 2024-06-30 | AU$38.23 Million | -1.91% |
| 2023-06-30 | AU$38.97 Million | -14.90% |
| 2022-06-30 | AU$45.79 Million | +54.17% |
| 2021-06-30 | AU$29.70 Million | +184.93% |
| 2020-06-30 | AU$10.42 Million | +10.52% |
| 2019-06-30 | AU$9.43 Million | -12.99% |
| 2018-06-30 | AU$10.84 Million | -4.58% |
| 2017-06-30 | AU$11.36 Million | +14.04% |
| 2016-06-30 | AU$9.96 Million | +42.53% |
| 2015-06-30 | AU$6.99 Million | -80.56% |
| 2014-06-30 | AU$35.95 Million | +3.28% |
| 2013-06-30 | AU$34.81 Million | -7.78% |
| 2012-06-30 | AU$37.74 Million | +50.02% |
| 2011-06-30 | AU$25.16 Million | +2.59% |
| 2010-06-30 | AU$24.52 Million | +231.92% |
| 2009-06-30 | AU$7.39 Million | -37.30% |
| 2008-06-30 | AU$11.78 Million | +133.23% |
| 2007-06-30 | AU$5.05 Million | -17.39% |
| 2006-06-30 | AU$6.12 Million | -- |