RUBIX Resources Ltd (RB6) - Net Assets
Based on the latest financial reports, RUBIX Resources Ltd (RB6) has net assets worth AU$989.66K AUD (≈ $700.25K 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$1.19 Million ≈ $845.07K USD) and total liabilities (AU$204.68K ≈ $144.82K 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. Read RUBIX Resources Ltd (RB6) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$989.66K |
| % of Total Assets | 82.86% |
| Annual Growth Rate | 25.97% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 384.07 |
RUBIX Resources Ltd - Net Assets Trend (2021–2025)
This chart illustrates how RUBIX Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of RUBIX Resources Ltd for the complete picture of this company's asset base.
Annual Net Assets for RUBIX Resources Ltd (2021–2025)
The table below shows the annual net assets of RUBIX Resources Ltd from 2021 to 2025. For live valuation and market cap data, see RUBIX Resources Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$989.66K ≈ $700.25K |
-55.16% |
| 2024-06-30 | AU$2.21 Million ≈ $1.56 Million |
-3.86% |
| 2023-06-30 | AU$2.30 Million ≈ $1.62 Million |
-38.73% |
| 2022-06-30 | AU$3.75 Million ≈ $2.65 Million |
+853.37% |
| 2021-06-30 | AU$392.96K ≈ $278.05K |
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Equity Component Analysis
This analysis shows how different components contribute to RUBIX Resources 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 766425200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$8.73 Million | 881.98% |
| Total Equity | AU$989.66K | 100.00% |
RUBIX Resources Ltd Competitors by Market Cap
The table below lists competitors of RUBIX Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fidelity Minerals Corp
V:FMN
|
$6.09 Million |
|
Proactis SA
PA:PROAC
|
$6.09 Million |
|
XMReality AB
ST:XMR
|
$6.10 Million |
|
Dolphin International Bhd
KLSE:5265
|
$6.10 Million |
|
FOS Capital Ltd
AU:FOS
|
$6.08 Million |
|
JPMorgan Global Emerging Markets Investment Trust PLC
LSE:JEMI
|
$6.08 Million |
|
Bloomsbury Publishing Plc
LSE:BMY
|
$6.07 Million |
|
Datametrex AI Ltd
V:DM
|
$6.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RUBIX Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,206,854 to 989,658, a change of -1,217,196 (-55.2%).
- Net loss of 1,217,196 reduced equity.
- Other comprehensive income decreased equity by 917,475.
- Other factors increased equity by 917,475.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.22 Million | -122.99% |
| Other Comprehensive Income | AU$-917.48K | -92.71% |
| Other Changes | AU$917.48K | +92.71% |
| Total Change | AU$- | -55.16% |
Book Value vs Market Value Analysis
This analysis compares RUBIX Resources 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: 8.69x
- 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 4.50x to 8.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | AU$0.03 | AU$0.14 | x |
| 2022-06-30 | AU$0.16 | AU$0.14 | x |
| 2023-06-30 | AU$0.07 | AU$0.14 | x |
| 2024-06-30 | AU$0.04 | AU$0.14 | x |
| 2025-06-30 | AU$0.02 | AU$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RUBIX Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -122.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -51315.18%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.21x
- Recent ROE (-122.99%) is below the historical average (-105.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -76.01% | 0.00% | 0.00x | 1.04x | AU$-337.98K |
| 2022 | -20.53% | 0.00% | 0.00x | 1.04x | AU$-1.14 Million |
| 2023 | -62.42% | 0.00% | 0.00x | 1.09x | AU$-1.66 Million |
| 2024 | -246.99% | 0.00% | 0.00x | 1.08x | AU$-5.67 Million |
| 2025 | -122.99% | -51315.18% | 0.00x | 1.21x | AU$-1.32 Million |
Industry Comparison
This section compares RUBIX Resources Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $108,704,405
- Average return on equity (ROE) among peers: -60.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RUBIX Resources Ltd (RB6) | AU$989.66K | -76.01% | 0.21x | $6.09 Million |
| 29METALS Ltd (29M) | $715.69 Million | -6.60% | 0.81x | $297.19 Million |
| Aic Mines Ltd (A1M) | $46.60 Million | -91.64% | 0.23x | $341.44 Million |
| Austral Gold Ltd (AGD) | $58.26 Million | -15.21% | 0.84x | $66.18 Million |
| Alvo Minerals Ltd (ALV) | $320.88K | -110.98% | 0.80x | $7.60 Million |
| Alicanto Minerals Ltd (AQI) | $2.54 Million | -215.43% | 0.16x | $136.26 Million |
| Argent Minerals Ltd (ARD) | $2.40 Million | -88.19% | 0.07x | $26.37 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $5.44 Million |
| Avira Resources Ltd (AVW) | $5.57 Million | -12.76% | 0.16x | $3.71 Million |
| Antipa Minerals Ltd (AZY) | $12.76 Million | -5.12% | 0.04x | $304.70 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $17.10 Million |
About RUBIX Resources Ltd
Rubix Resources Limited engages in the acquisition, exploration, and evaluation of mineral resource projects. It explores for copper, cobalt, nickel, lithium, zinc, lead, gold, and platinum group elements (PGE) deposits. The company holds interests in the Ceiling Lithium project located in James Bay, Quebec; the Paperbark copper-zinc-lead project situated near the Gulf of Carpentaria, Northwest Q… Read more