Ragnar Metals Ltd (RAG) - Net Assets
Based on the latest financial reports, Ragnar Metals Ltd (RAG) has net assets worth AU$15.94 Million AUD (≈ $11.28 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$16.12 Million ≈ $11.41 Million USD) and total liabilities (AU$180.45K ≈ $127.68K 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 Ragnar Metals Ltd (RAG) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$15.94 Million |
| % of Total Assets | 98.88% |
| Annual Growth Rate | 31.46% |
| 5-Year Change | 117.52% |
| 10-Year Change | 881.54% |
| Growth Volatility | 2204.33 |
Ragnar Metals Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Ragnar Metals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore RAG total assets for the complete picture of this company's asset base.
Annual Net Assets for Ragnar Metals Ltd (2004–2025)
The table below shows the annual net assets of Ragnar Metals Ltd from 2004 to 2025. For live valuation and market cap data, see Ragnar Metals Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$10.94 Million ≈ $7.74 Million |
+0.35% |
| 2024-06-30 | AU$10.90 Million ≈ $7.71 Million |
+122.67% |
| 2023-06-30 | AU$4.90 Million ≈ $3.46 Million |
-9.68% |
| 2022-06-30 | AU$5.42 Million ≈ $3.84 Million |
+7.78% |
| 2021-06-30 | AU$5.03 Million ≈ $3.56 Million |
+1336.76% |
| 2020-06-30 | AU$350.01K ≈ $247.66K |
-57.89% |
| 2019-06-30 | AU$831.13K ≈ $588.08K |
-46.32% |
| 2018-06-30 | AU$1.55 Million ≈ $1.10 Million |
+95.49% |
| 2017-06-30 | AU$792.08K ≈ $560.45K |
-28.93% |
| 2016-06-30 | AU$1.11 Million ≈ $788.55K |
-82.30% |
| 2015-06-30 | AU$6.30 Million ≈ $4.45 Million |
-31.98% |
| 2014-06-30 | AU$9.26 Million ≈ $6.55 Million |
-24.84% |
| 2013-06-30 | AU$12.31 Million ≈ $8.71 Million |
-15.73% |
| 2012-06-30 | AU$14.61 Million ≈ $10.34 Million |
+70.46% |
| 2011-06-30 | AU$8.57 Million ≈ $6.07 Million |
+16.44% |
| 2010-06-30 | AU$7.36 Million ≈ $5.21 Million |
+162.54% |
| 2009-06-30 | AU$2.80 Million ≈ $1.98 Million |
-23.87% |
| 2008-06-30 | AU$3.68 Million ≈ $2.61 Million |
+5.23% |
| 2007-06-30 | AU$3.50 Million ≈ $2.48 Million |
-8.09% |
| 2006-06-30 | AU$3.81 Million ≈ $2.69 Million |
+4.13% |
| 2005-06-30 | AU$3.66 Million ≈ $2.59 Million |
+10336.55% |
| 2004-06-30 | AU$35.05K ≈ $24.80K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ragnar Metals 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 2549972200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$35.74 Million | 326.70% |
| Other Comprehensive Income | AU$713.26K | 6.52% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$10.94 Million | 100.00% |
Ragnar Metals Ltd Competitors by Market Cap
The table below lists competitors of Ragnar Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Green Earth Group N.V.
AS:HWK
|
$8.65 Million |
|
Synex International Inc.
TO:SXI
|
$8.66 Million |
|
CYL Corporation Bhd
KLSE:7157
|
$8.66 Million |
|
Energy Development Company Limited
NSE:ENERGYDEV
|
$8.67 Million |
|
Richy Place 2002 Public Company Limited
BK:RICHY
|
$8.63 Million |
|
Era Graharealty PT Tbk
JK:IPAC
|
$8.63 Million |
|
Chesnara
LSE:CSN
|
$8.62 Million |
|
Gauzy Ltd. Ordinary Shares
NASDAQ:GAUZ
|
$8.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ragnar Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,900,898 to 10,938,868, a change of 37,970 (0.3%).
- Net loss of 305,990 reduced equity.
- Share repurchases of 94,940 reduced equity.
- Other comprehensive income decreased equity by 190,726.
- Other factors increased equity by 629,626.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-305.99K | -2.8% |
| Share Repurchases | AU$94.94K | -0.87% |
| Other Comprehensive Income | AU$-190.73K | -1.74% |
| Other Changes | AU$629.63K | +5.76% |
| Total Change | AU$- | 0.35% |
Book Value vs Market Value Analysis
This analysis compares Ragnar Metals 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: 1.00x
- 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.
- The price-to-book ratio has increased from 0.01x to 1.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | AU$2.77 | AU$0.03 | x |
| 2005-06-30 | AU$137.29 | AU$0.03 | x |
| 2006-06-30 | AU$82.76 | AU$0.03 | x |
| 2007-06-30 | AU$58.86 | AU$0.03 | x |
| 2008-06-30 | AU$55.09 | AU$0.03 | x |
| 2009-06-30 | AU$40.37 | AU$0.03 | x |
| 2010-06-30 | AU$74.50 | AU$0.03 | x |
| 2011-06-30 | AU$80.23 | AU$0.03 | x |
| 2012-06-30 | AU$98.21 | AU$0.03 | x |
| 2013-06-30 | AU$71.27 | AU$0.03 | x |
| 2014-06-30 | AU$40.09 | AU$0.03 | x |
| 2015-06-30 | AU$15.36 | AU$0.03 | x |
| 2016-06-30 | AU$1.11 | AU$0.03 | x |
| 2017-06-30 | AU$0.27 | AU$0.03 | x |
| 2018-06-30 | AU$0.03 | AU$0.03 | x |
| 2019-06-30 | AU$0.01 | AU$0.03 | x |
| 2020-06-30 | AU$0.01 | AU$0.03 | x |
| 2021-06-30 | AU$0.05 | AU$0.03 | x |
| 2022-06-30 | AU$0.01 | AU$0.03 | x |
| 2023-06-30 | AU$0.01 | AU$0.03 | x |
| 2024-06-30 | AU$0.02 | AU$0.03 | x |
| 2025-06-30 | AU$0.03 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ragnar Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.15%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.01x
- Recent ROE (-2.80%) is above the historical average (-64.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -33.75% | 0.00% | 0.00x | 1.03x | AU$-15.33K |
| 2005 | -4.19% | -589.01% | 0.01x | 1.03x | AU$-518.89K |
| 2006 | -4.30% | -20.49% | 0.21x | 1.02x | AU$-544.79K |
| 2007 | -23.02% | -4343.92% | 0.01x | 1.03x | AU$-1.16 Million |
| 2008 | -21.36% | -915.12% | 0.02x | 1.03x | AU$-1.16 Million |
| 2009 | -30.09% | -2163.94% | 0.01x | 1.19x | AU$-1.12 Million |
| 2010 | 16.95% | 356.57% | 0.04x | 1.12x | AU$511.77K |
| 2011 | -16.96% | -670.94% | 0.02x | 1.10x | AU$-2.31 Million |
| 2012 | -21.71% | -739.39% | 0.03x | 1.11x | AU$-4.63 Million |
| 2013 | -30.69% | -13047.23% | 0.00x | 1.05x | AU$-5.01 Million |
| 2014 | -62.76% | -8033.91% | 0.01x | 1.04x | AU$-6.73 Million |
| 2015 | -78.86% | -5057.66% | 0.01x | 1.07x | AU$-5.59 Million |
| 2016 | -570.86% | -56052.86% | 0.01x | 1.54x | AU$-6.47 Million |
| 2017 | -211.52% | -207100.49% | 0.00x | 1.28x | AU$-1.75 Million |
| 2018 | -74.21% | -19783.06% | 0.00x | 1.09x | AU$-1.30 Million |
| 2019 | -87.78% | -15622.42% | 0.01x | 1.07x | AU$-812.68K |
| 2020 | -140.59% | -94634.23% | 0.00x | 1.35x | AU$-527.10K |
| 2021 | -18.09% | -909691.00% | 0.00x | 1.06x | AU$-1.41 Million |
| 2022 | -22.10% | -4805.65% | 0.00x | 1.03x | AU$-1.74 Million |
| 2023 | -13.22% | -12282.33% | 0.00x | 1.02x | AU$-1.14 Million |
| 2024 | 33.08% | 1075.77% | 0.03x | 1.06x | AU$2.52 Million |
| 2025 | -2.80% | -25.15% | 0.11x | 1.01x | AU$-1.40 Million |
Industry Comparison
This section compares Ragnar Metals 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: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ragnar Metals Ltd (RAG) | AU$15.94 Million | -33.75% | 0.01x | $8.64 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About Ragnar Metals Ltd
Ragnar Metals Limited engages in the exploration and evaluation of mineral properties in Sweden and Western Australia. The company explores for nickel, gold, silver, copper, rare earth elements, lithium, and base metals. Ragnar Metals Limited was incorporated in 2004 and is based in West Perth, Australia.