Balance Sheet Mineral Resources Limited

Equities

MIN

AU000000MIN4

Diversified Mining

Market Closed - Australian S.E. Other stock markets 12:10:53 2024-12-06 am EST			5-day change	1st Jan Change
34.76 ^AUD	+0.99%		+3.36%	-50.34%

Nov. 26	Delta Lithium Chairman Steps Down; Shares Rise 6%	MT
Nov. 24	Macro Metals Limited Secures Logistics, Accommodation & Raw Materials Hub, Port Hedland, WA Highlights	CI

327a589e7498c28f5799023e708d4fc9.P6QO8sDPG-4N115WaRJ6E19cwXFYQPdE2E1DStObaps.aMV9hZWkdKNPtGwzACEVXBYLh0ggeJkbqQEHcovXD69J0EO5j753oW6Zag

Published financial data: MINERAL RESOURCES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2020	2021	2022	2023	2024
Revenues	2.12B	3.73B	3.42B	4.78B	5.28B
Other Revenues, Total	-	-	-	-	-
Total Revenues	2.12B	3.73B	3.42B	4.78B	5.28B
Cost of Goods Sold, Total	287M	422M	319M	376M	1.02B
Gross Profit	1.84B	3.31B	3.1B	4.4B	4.25B
Selling General & Admin Expenses, Total	981M	1.29B	1.85B	2.09B	2.53B
Provision for Bad Debts	200K	-	-	-	-
Depreciation & Amortization - (IS)	194M	258M	352M	450M	628M
Impairment of Oil, Gas & Mineral Properties - (IS)	71.2M	-	-	505M	67M
Other Operating Expenses	118M	139M	260M	579M	706M
Other Operating Expenses, Total	1.36B	1.69B	2.47B	3.62B	3.93B
Operating Income	474M	1.62B	632M	781M	319M
Interest Expense, Total	-103M	-93M	-120M	-226M	-236M
Interest And Investment Income	14.4M	10M	10.7M	39.2M	58M
Net Interest Expenses	-88.8M	-83M	-110M	-186M	-178M
Income (Loss) On Equity Invest.	-	-	1.8M	-4M	-
Currency Exchange Gains (Loss)	-22.7M	51.3M	-92.4M	-73.3M	54M
Other Non Operating Income (Expenses)	2.8M	16.2M	5.2M	11.7M	-5M
EBT, Excl. Unusual Items	365M	1.6B	437M	529M	190M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-40.9M	230M	61M	112M	-56M
Gain (Loss) On Sale Of Assets	1.3B	-4M	6M	2.8M	-
Asset Writedown	-195M	-38.3M	-15M	-283M	-23M
Other Unusual Items	4.2M	-	-	-	-6M
EBT, Incl. Unusual Items	1.44B	1.79B	489M	360M	105M
Income Tax Expense	434M	525M	138M	116M	-9M
Earnings From Continuing Operations	1B	1.27B	351M	244M	114M
Net Income to Company	1B	1.27B	351M	244M	114M
Minority Interest	1.5M	2M	-1.6M	-1M	11M
Net Income - (IS)	1B	1.27B	349M	243M	125M
Net Income to Common Incl Extra Items	1B	1.27B	349M	243M	125M
Net Income to Common Excl. Extra Items	1B	1.27B	349M	243M	125M
Per Share Items
Net EPS - Basic	5.33	6.73	1.85	1.27	0.64
Basic EPS - Continuing Operations	5.33	6.73	1.85	1.27	0.64
Basic Weighted Average Shares Outstanding	188M	189M	189M	191M	195M
Net EPS - Diluted	5.33	6.73	1.85	1.26	0.64
Diluted EPS - Continuing Operations	5.33	6.73	1.85	1.26	0.64
Diluted Weighted Average Shares Outstanding	188M	189M	189M	193M	198M
Normalized Basic EPS	1.22	5.33	1.44	1.72	0.66
Normalized Diluted EPS	1.22	5.33	1.44	1.71	0.66
Dividend Per Share	1	2.75	1	1.9	0.2
Payout Ratio	9.57	25.56	92.87	165.02	136
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	678M	1.81B	917M	1.68B	995M
EBITA	478M	1.62B	635M	785M	333M
EBIT	474M	1.62B	632M	781M	319M
EBITDAR	793M	2.01B	1.12B	1.97B	1.37B
Effective Tax Rate - (Ratio)	30.22	29.29	28.28	32.21	-8.57
Current Domestic Taxes	563M	368M	124M	252M	140M
Total Current Taxes	563M	368M	124M	252M	140M
Deferred Domestic Taxes	-131M	157M	22.3M	-145M	-150M
Total Deferred Taxes	-131M	157M	22.3M	-145M	-150M
Normalized Net Income	230M	1B	272M	329M	130M
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	9M	9.4M	10M	10.5M	18M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	115M	193M	204M	295M	379M
Imputed Operating Lease Interest Expense	78.08M	112M	89.82M	168M	166M
Imputed Operating Lease Depreciation	36.72M	80.45M	115M	128M	213M
Stock-Based Comp., SG&A Exp. (Total)	6.7M	-	-	-	-
Stock-Based Comp., Other (Total)	-	10.2M	11.6M	32.5M	32M
Total Stock-Based Compensation	6.7M	10.2M	11.6M	32.5M	32M

Fiscal Period: June	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.52B	1.54B	2.43B	1.38B	908M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	1.52B	1.54B	2.43B	1.38B	908M
Accounts Receivable, Total	176M	297M	602M	576M	785M
Other Receivables	-	-	500K	97.2M	79M
Notes Receivable	1.6M	33.9M	24.5M	-	163M
Total Receivables	178M	331M	627M	673M	1.03B
Inventory	156M	123M	253M	606M	607M
Prepaid Expenses	38.8M	37.6M	58M	41M	71M
Other Current Assets, Total	-	-300K	4.3M	775M	27M
Total Current Assets	1.89B	2.03B	3.37B	3.47B	2.64B
Gross Property Plant And Equipment	2.58B	3.5B	4.85B	5.61B	10.6B
Accumulated Depreciation	-741M	-952M	-1.25B	-1.09B	-1.79B
Net Property Plant And Equipment	1.84B	2.55B	3.6B	4.53B	8.81B
Long-term Investments	42.3M	388M	161M	302M	249M
Goodwill	1.4M	1.4M	1.4M	-	-
Other Intangibles, Total	24.7M	35.3M	20.8M	22.5M	8M
Accounts Receivable Long-Term	-	-	-	-	55M
Loans Receivable Long-Term	37.2M	46.4M	43.6M	68.5M	382M
Deferred Tax Assets Long-Term	120M	128M	-	-	82M
Deferred Charges Long-Term	21.8M	-	2.7M	-	-
Other Long-Term Assets, Total	648M	669M	611M	1.4M	2M
Total Assets	4.63B	5.85B	7.81B	8.4B	12.23B
Liabilities
Accounts Payable, Total	306M	557M	588M	861M	1.7B
Accrued Expenses, Total	53.4M	69.4M	82M	114M	269M
Short-term Borrowings	1.2M	26.4M	14.2M	-	11M
Current Portion of Long-Term Debt	-	-	-	-	95M
Current Portion of Leases	99.3M	131M	115M	94.9M	149M
Current Income Taxes Payable	416M	167M	11.2M	54M	14M
Unearned Revenue Current, Total	13.2M	24.5M	47.5M	30.2M	84M
Other Current Liabilities	35.4M	9.2M	55.5M	99.6M	140M
Total Current Liabilities	924M	984M	914M	1.25B	2.46B
Long-Term Debt	1.01B	920M	2.8B	2.92B	4.64B
Long-Term Leases	184M	184M	195M	222M	442M
Unearned Revenue Non Current	-	-	-	64.2M	-
Pension & Other Post Retirement Benefits	-	-	-	4.4M	9M
Deferred Tax Liability Non Current	122M	323M	221M	95M	-
Other Non Current Liabilities	98.3M	195M	409M	316M	1.1B
Total Liabilities	2.34B	2.61B	4.54B	4.87B	8.65B
Common Stock, Total	527M	536M	558M	969M	1.05B
Retained Earnings	1.74B	2.67B	2.69B	2.52B	2.46B
Treasury Stock	-10.3M	-21.4M	-53.8M	-82.5M	-95M
Comprehensive Income and Other	10.1M	15.7M	28.9M	69.4M	132M
Total Common Equity	2.26B	3.2B	3.23B	3.48B	3.54B
Minority Interest	30.8M	42.6M	44.2M	46.7M	39M
Total Equity	2.3B	3.25B	3.27B	3.52B	3.58B
Total Liabilities And Equity	4.63B	5.85B	7.81B	8.4B	12.23B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	188M	188M	188M	193M	194M
ECS Total Common Shares Outstanding	188M	188M	188M	193M	194M
Book Value / Share	12.06	17.02	17.15	18.01	18.23
Tangible Book Value	2.24B	3.17B	3.2B	3.45B	3.54B
Tangible Book Value Per Share	11.92	16.83	17.04	17.89	18.19
Total Debt	1.29B	1.26B	3.13B	3.23B	5.34B
Net Debt	-231M	-280M	698M	1.86B	4.43B
Debt Equivalent Oper. Leases	918M	1.54B	1.64B	2.36B	3.03B
Minority Interest, Total (Incl. Fin. Div)	30.8M	42.6M	44.2M	46.7M	39M
Equity Method Investments, Total	-	92.1M	103M	96.3M	108M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	140M	120M	249M	592M	595M
Inventories - Work In Process, Total	15.4M	2.9M	3.4M	14.5M	12M
Land - (BS)	14.4M	25.4M	28.9M	27.5M	29M
Buildings, Total	95.4M	242M	315M	320M	386M
Machinery, Total	1.43B	1.74B	2.23B	3.16B	6.32B
Full Time Employees	3.1K	5K	3.86K	5.69K	8.46K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	4.2M	4.3M	-	3.4M	5M

Fiscal Period: June	2020	2021	2022	2023	2024
Net Income	1B	1.27B	349M	243M	125M
Depreciation & Amortization - CF	190M	255M	350M	446M	614M
Amortization of Goodwill and Intangible Assets - (CF)	3.9M	3M	2.7M	4.2M	14M
Impairment of Oil, Gas & Mineral Properties - (CF)	71.2M	-	-	505M	67M
Depreciation & Amortization, Total	265M	258M	352M	956M	695M
(Gain) Loss From Sale Of Asset	-1.3B	4M	-6M	-3.9M	-
(Gain) Loss on Sale of Investments - (CF)	40.9M	-230M	-61M	-111M	334M
Asset Writedown & Restructuring Costs	195M	38.3M	15M	283M	29M
(Income) Loss On Equity Investments - (CF)	-	-	-1.8M	4M	-
Stock-Based Compensation (CF)	6.7M	10.2M	11.6M	32.5M	32M
Provision and Write-off of Bad Debts	200K	-	-	-	-
Other Operating Activities, Total	63.5M	-48.6M	119M	74M	-421M
Change In Accounts Receivable	-9.1M	-124M	-319M	-93.7M	-598M
Change In Inventories	-53.9M	-12.7M	-67.5M	-265M	161M
Change In Accounts Payable	70.4M	197M	45.7M	260M	1.26B
Change In Income Taxes	470M	-249M	-156M	59.8M	-25M
Change In Deferred Taxes	-153M	190M	26.6M	-121M	-151M
Change in Other Net Operating Assets	-2.1M	7M	-27.5M	36M	10M
Cash from Operations	595M	1.31B	280M	1.35B	1.45B
Capital Expenditure	-375M	-743M	-994M	-1.82B	-4.13B
Sale of Property, Plant, and Equipment	26.5M	11.5M	39.3M	15.9M	33M
Cash Acquisitions	9.5M	-	-	-	-
Divestitures	1.21B	-	-	-	588M
Sale (Purchase) of Intangible assets	-15.9M	-16.4M	-5.5M	-2.9M	-2M
Investment in Marketable and Equity Securities, Total	-7.1M	-57.8M	290M	-84.3M	-354M
Other Investing Activities, Total	-	-10M	16.5M	-12.5M	2M
Cash from Investing	844M	-816M	-654M	-1.9B	-3.87B
Long-Term Debt Issued, Total	11.6M	31.9M	1.75B	-	2.24B
Total Debt Issued	11.6M	31.9M	1.75B	-	2.24B
Long-Term Debt Repaid, Total	-75.5M	-123M	-178M	-112M	-103M
Total Debt Repaid	-75.5M	-123M	-178M	-112M	-103M
Repurchase of Common Stock	-	-20.2M	-19.5M	-2.8M	-
Common Dividends Paid	-96.1M	-325M	-324M	-402M	-170M
Common & Preferred Stock Dividends Paid	-96.1M	-325M	-324M	-402M	-170M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-160M	-436M	1.23B	-516M	1.96B
Foreign Exchange Rate Adjustments	-22.3M	-37.6M	28M	15.4M	-19M
Net Change in Cash	1.26B	20.3M	886M	-1.05B	-471M
Supplemental Items
Cash Interest Paid	97.6M	86.4M	82.5M	257M	378M
Cash Income Tax Paid (Refund)	117M	584M	268M	178M	133M
Levered Free Cash Flow	1.14B	347M	-810M	-1.27B	-1.9B
Unlevered Free Cash Flow	1.2B	405M	-734M	-1.13B	-1.76B
Change In Net Working Capital	-1.02B	116M	494M	784M	-1.45B
Net Debt Issued / Repaid	-63.9M	-90.7M	1.58B	-112M	2.14B

Fiscal Period: June	2020	2021	2022	2023	2024
Profitability
Return on Assets	7.6	19.32	5.84	6.1	1.93
Return on Total Capital	9.7	25.02	7.25	7.42	2.54
Return On Equity %	54.53	45.75	10.77	7.19	3.21
Return on Common Equity	55.36	46.44	10.86	7.26	3.56
Margin Analysis
Gross Profit Margin %	86.49	88.69	90.67	92.13	80.58
SG&A Margin	46.15	34.67	54.26	43.69	47.99
EBITDA Margin %	31.91	48.55	26.83	35.1	18.85
EBITA Margin %	22.48	43.48	18.58	16.43	6.31
EBIT Margin %	22.3	43.4	18.5	16.34	6.04
Income From Continuing Operations Margin %	47.17	33.95	10.26	5.11	2.16
Net Income Margin %	47.24	34.01	10.22	5.09	2.37
Net Avail. For Common Margin %	47.24	34.01	10.22	5.09	2.37
Normalized Net Income Margin	10.81	26.92	7.95	6.89	2.46
Levered Free Cash Flow Margin	53.46	9.29	-23.69	-26.57	-36.08
Unlevered Free Cash Flow Margin	56.5	10.85	-21.49	-23.62	-33.28
Asset Turnover
Asset Turnover	0.55	0.71	0.51	0.6	0.51
Fixed Assets Turnover	1.2	1.7	1.11	1.21	0.79
Receivables Turnover (Average Receivables)	12.37	15.78	7.6	8.43	7.76
Inventory Turnover (Average Inventory)	1.71	3.04	1.7	0.88	1.69
Short Term Liquidity
Current Ratio	2.05	2.07	3.69	2.77	1.07
Quick Ratio	1.84	1.87	3.32	1.64	0.72
Operating Cash Flow to Current Liabilities	0.64	1.33	0.31	1.08	0.59
Days Sales Outstanding (Average Receivables)