Ragusa Minerals Ltd (RAS) - Net Assets

Latest as of June 2025: AU$500.44K AUD ≈ $354.10K USD

Based on the latest financial reports, Ragusa Minerals Ltd (RAS) has net assets worth AU$500.44K AUD (≈ $354.10K USD) 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 ≈ $527.52K USD) and total liabilities (AU$245.10K ≈ $173.42K 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 RAS asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Ragusa Minerals Ltd (RAS) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Ragusa Minerals Ltd.

Year	Net Assets	Change
2024-12-31	AU$500.44K ≈ $354.10K	-78.92%
2023-12-31	AU$2.37 Million ≈ $1.68 Million	-45.89%
2022-12-31	AU$4.39 Million ≈ $3.10 Million	-10.61%
2021-12-31	AU$4.91 Million ≈ $3.47 Million	+2.54%
2020-12-31	AU$4.79 Million ≈ $3.39 Million	+928.25%
2019-12-31	AU$-577.89K ≈ $-408.89K	-103.19%
2018-12-31	AU$-284.40K ≈ $-201.23K	-988.25%
2017-12-31	AU$-26.13K ≈ $-18.49K	-114.94%
2016-12-31	AU$174.94K ≈ $123.78K	-50.01%
2015-12-31	AU$349.94K ≈ $247.60K	+64.14%
2014-12-31	AU$213.19K ≈ $150.84K	-96.97%
2013-12-31	AU$7.04 Million ≈ $4.98 Million	+25.19%
2012-12-31	AU$5.62 Million ≈ $3.98 Million	-0.15%
2011-12-31	AU$5.63 Million ≈ $3.99 Million	-8.32%
2010-12-31	AU$6.14 Million ≈ $4.35 Million	-68.34%
2009-12-31	AU$19.40 Million ≈ $13.73 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
Lavide Holding NV AS:LVIDE	$3.15 Million
Haffner Energy SA PA:ALHAF	$3.15 Million
GeoVax Labs Inc NASDAQ:GOVX	$3.16 Million
Birddog Technology Ltd AU:BDT	$3.16 Million
Forza X1 Inc NASDAQ:FRZA	$3.15 Million
Softimat S.A. BR:SOFT	$3.15 Million
Triangle Energy (Global) Ltd AU:TEG	$3.15 Million
Pembroke VCT PLC LSE:PEMB	$3.14 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: 7.12x
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 0.05x to 7.12x 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: $7,107,544
Average return on equity (ROE) among peers: -107.21%

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	$3.15 Million
Australasian Metals Ltd (A8G)	$5.85 Million	-16.53%	0.05x	$3.19 Million
Ariana Resources Plc (AA2)	$21.37 Million	-1.02%	0.03x	$59.56 Million
Aruma Resources Ltd (AAJ)	$4.26 Million	-76.11%	0.14x	$5.69 Million
Astral Resources NL (AAR)	$11.28 Million	49.48%	0.09x	$197.52 Million
Antilles Gold Ltd (AAU)	$4.86 Million	10.22%	0.16x	$28.68 Million
Adelong Gold Ltd (ADG)	$2.90 Million	-71.05%	0.15x	$11.32 Million
Ardiden Ltd (ADV)	$1.30 Million	-752.46%	0.85x	$58.54 Million
Australian Gold and Copper Ltd (AGC)	$17.69 Million	-3.27%	0.01x	$33.34 Million
Ark Mines Ltd (AHK)	$1.27 Million	-210.75%	0.02x	$17.91 Million
Alkane Resources Ltd (ALK)	$303.00K	-0.66%	2.68x	$1.39 Billion

About Ragusa Minerals Ltd

AU:RAS Australia Gold

Market Cap

$3.15 Million

AU$4.45 Million AUD

Market Cap Rank

#29127 Global

#1695 in Australia

Share Price

AU$0.03

Change (1 day)

-13.79%

52-Week Range

AU$0.01 - AU$0.05

All Time High

AU$0.41