Ragusa Minerals Ltd

AU:RAS Australia Gold
Market Cap
$3.42 Million
AU$5.52 Million AUD
Market Cap Rank
#33958 Global
#1200 in Australia
Share Price
AU$0.03
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.05
All Time High
AU$0.41
Categories
Companies in Australia Gold
About

Ragusa Minerals Limited engages in the mineral exploration and project evaluation business in Australia, Zimbabwe, and the United States. The company operates through Lonely Mine Gold Project (Zimbabwe); Monte Cristo Gold Project (Alaska); and Burracoppin Halloysite & Lithium Projects (Australia) segments. It also explores for gold, lithium, halloysite, and kaolinite deposits. The company was for… Read more

Ragusa Minerals Ltd (RAS) - Net Assets

Latest net assets as of June 2025: AU$500.44K AUD

Based on the latest financial reports, Ragusa Minerals Ltd (RAS) has net assets worth AU$500.44K AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$745.54K) and total liabilities (AU$245.10K). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$500.44K
% of Total Assets 67.12%
Annual Growth Rate -21.64%
5-Year Change -89.54%
10-Year Change 43.01%
Growth Volatility 50.73

Ragusa Minerals Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Ragusa Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Ragusa Minerals Ltd (2009–2024)

The table below shows the annual net assets of Ragusa Minerals Ltd from 2009 to 2024.

Year Net Assets Change
2024-12-31 AU$500.44K -78.92%
2023-12-31 AU$2.37 Million -45.89%
2022-12-31 AU$4.39 Million -10.61%
2021-12-31 AU$4.91 Million +2.54%
2020-12-31 AU$4.79 Million +928.25%
2019-12-31 AU$-577.89K -103.19%
2018-12-31 AU$-284.40K -988.25%
2017-12-31 AU$-26.13K -114.94%
2016-12-31 AU$174.94K -50.01%
2015-12-31 AU$349.94K +64.14%
2014-12-31 AU$213.19K -96.97%
2013-12-31 AU$7.04 Million +25.19%
2012-12-31 AU$5.62 Million -0.15%
2011-12-31 AU$5.63 Million -8.32%
2010-12-31 AU$6.14 Million -68.34%
2009-12-31 AU$19.40 Million --

Equity Component Analysis

This analysis shows how different components contribute to Ragusa 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 1466557600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$15.00 Million 2997.57%
Other Comprehensive Income AU$164.83K 32.94%
Total Equity AU$500.44K 100.00%

Ragusa Minerals Ltd Competitors by Market Cap

The table below lists competitors of Ragusa Minerals Ltd ranked by their market capitalization.

Company Market Cap
CleanCore Solutions Inc.
NYSE MKT:ZONE
 		$2.19 Million
WESTERN DIGITAL (WDC.SG)
STU:WDC
 		$2.19 Million
VULCAN MATERIALS - Dusseldorf Stock Exchang
DU:VMC
 		$2.20 Million
TANTALEX LITHIUM RES.CORP
F:DW8
 		$2.20 Million
M3 Metals Corp
OTCQB:MLGCF
 		$2.19 Million
WESTERN DIGITAL - Dusseldorf Stock Exchang
DU:WDC
 		$2.19 Million
Xox Networks Bhd
KLSE:0140
 		$2.19 Million
Kucingko Berhad
KLSE:0315
 		$2.19 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ragusa Minerals Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,373,573 to 500,445, a change of -1,873,128 (-78.9%).
  • Net loss of 1,832,273 reduced equity.
  • Share repurchases of 60,000 reduced equity.
  • New share issuances of 60,000 increased equity.
  • Other comprehensive income decreased equity by 1,934,427.
  • Other factors increased equity by 1,893,572.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-1.83 Million -366.13%
Share Repurchases AU$60.00K -11.99%
Share Issuances AU$60.00K +11.99%
Other Comprehensive Income AU$-1.93 Million -386.54%
Other Changes AU$1.89 Million +378.38%
Total Change AU$- -78.92%

Book Value vs Market Value Analysis

This analysis compares Ragusa 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: 8.83x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.06x to 8.83x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2010-12-31 AU$0.52 AU$0.03 x
2011-12-31 AU$0.49 AU$0.03 x
2012-12-31 AU$0.49 AU$0.03 x
2013-12-31 AU$0.50 AU$0.03 x
2014-12-31 AU$0.02 AU$0.03 x
2015-12-31 AU$0.02 AU$0.03 x
2016-12-31 AU$0.01 AU$0.03 x
2017-12-31 AU$0.00 AU$0.03 x
2018-12-31 AU$-0.02 AU$0.03 x
2019-12-31 AU$-0.04 AU$0.03 x
2020-12-31 AU$0.05 AU$0.03 x
2021-12-31 AU$0.04 AU$0.03 x
2022-12-31 AU$0.03 AU$0.03 x
2023-12-31 AU$0.02 AU$0.03 x
2024-12-31 AU$0.00 AU$0.03 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ragusa 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): -366.13%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -87292.66%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.49x
  • Recent ROE (-366.13%) is below the historical average (-93.19%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 -69.68% -2033.95% 0.03x 1.34x AU$-4.90 Million
2011 -17.96% -1497.78% 0.01x 1.33x AU$-1.57 Million
2012 -9.04% -102.07% 0.06x 1.46x AU$-1.07 Million
2013 12.31% 24.14% 0.20x 2.61x AU$162.62K
2014 -727.25% -46.91% 0.04x 356.34x AU$-1.57 Million
2015 106.57% 72.73% 0.00x 346.60x AU$337.92K
2016 -145.64% -49.84% 1.92x 1.52x AU$-272.27K
2017 0.00% 0.00% -2.14x 0.00x AU$-279.40K
2018 0.00% 0.00% -1.35x 0.00x AU$-231.76K
2019 0.00% 0.00% -6.38x 0.00x AU$-236.92K
2020 -11.46% -8165.46% 0.00x 1.01x AU$-1.03 Million
2021 -30.60% -46923.31% 0.00x 1.02x AU$-1.99 Million
2022 -49.91% -4871.55% 0.01x 1.08x AU$-2.63 Million
2023 -89.14% -16686.69% 0.01x 1.03x AU$-2.35 Million
2024 -366.13% -87292.66% 0.00x 1.49x AU$-1.88 Million

Industry Comparison

This section compares Ragusa Minerals Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $39,500,222
  • Average return on equity (ROE) among peers: -1151.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ragusa Minerals Ltd (RAS) AU$500.44K -69.68% 0.49x $2.19 Million
Australasian Metals Ltd (A8G) $7.19 Million -3.48% 0.03x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $5.74K -11421.79% 0.13x $145.04 Million
Adelong Gold Ltd (ADG) $4.53 Million -12.96% 0.02x $6.07 Million
Ardiden Ltd (ADV) $4.59 Million -31.81% 0.14x $10.44 Million
Ark Mines Ltd (AHK) $-5.30 Million 0.00% 0.00x $7.52 Million
Aureka Ltd (AKA) $3.84 Million -18.30% 0.11x $6.48 Million
Alkane Resources Ltd (ALK) $345.69 Million 9.56% 0.57x $207.18 Million
Alchemy Resources Ltd (ALY) $11.99 Million -10.87% 0.03x $4.22 Million